Active Listing  ·  122 days on market

106 Cartwheel Bnd #55

Austin, TX 78738
$560,000
4 Bed 3 Bath 1,975 sqft $284/sqft Built 2021 0.17 acres 2-Car Garage Pool Vineyard at Rough Hollow

Beautiful and absolutely the best lock-and-leave condo in the Vineyards of Rough Hollow, offering an ideal blend of comfort, convenience, and low-maintenance living. One of the standout features of this home is the elevated view, providing a peaceful backdrop you can enjoy daily. This well-maintained home features an open-concept layout with a spacious kitchen, large center island, and seamless flow into the living and dining areas—perfect for everyday living or entertaining. The primary suite is located on the main level and includes a dual vanity, walk-in shower, and generous closet space. Upstairs, you’ll find three additional bedrooms along with a versatile game room and secondary living area, ideal for guests, a home office, or media space. Enjoy close proximity to The Hills of Lakeway Country Club, featuring four championship golf courses and the renowned World of Tennis. Located just a short walk to the community amenity center, residents have access to pools, a splash pad, lazy river, tennis and pickleball courts, basketball, sand volleyball, and a dog park. Rough Hollow also offers easy access to Lake Travis, nearby dining, shopping, and everything Lakeway has to offer. Perfect for those seeking a lock-and-leave lifestyle without sacrificing space, views, or access to top-tier amenities.

At $284/sqft, this home is 27% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

106 Cartwheel Bnd #55, Austin, TX 78738

Property Details

Price $560,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 1,975 sqft
Lot Size 0.17 acres (7,396.49 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Vineyard at Rough Hollow
County Travis
Zip Code 78738
$/sqft $284/sqft
Days on Market ,
HOA $567/Monthly
Annual Tax Est. $11,417.96
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224771373
List Date April 4, 2026
Elementary School Rough Hollow
Middle School Lake Travis
High School Lake Travis
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
4614 Jinx Ave
Greenwood Forest Sec 02
$560,000 $284 3 bd / 2 ba 1,975 sqft , 2026-06-04
10101 Parkfield Dr
Quail Creek Ph 03 Sec 01
$560,000 $248 4 bd / 3 ba 2,255 sqft , 2026-06-05
440 Cartwheel Bnd #95
Vineyard/Rough Hollow Condos
$560,000 $279 3 bd / 3 ba 2,006 sqft , 2026-06-19
8109 Elijah Craig Way
Easton Park
$559,900 $232 4 bd / 4 ba 2,412 sqft , 2026-05-05
8821 Golden Lion Dr
Easton Park
$559,470 $259 3 bd / 3 ba 2,156 sqft , 2026-04-06

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,688/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$112,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,688
Principal + Interest−$3,056
Property Tax (~2.1% TX avg)−$980
Insurance (~0.5%)−$233
Est. Monthly Cash Flow $-1,581

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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