Active Listing  ·  73 days on market

10701 Scotland Well Dr

Austin, TX 78750
$1,100,000
4 Bed 3 Bath 3,094 sqft $356/sqft Built 1983 0.21 acres 2-Car Garage Pool New Construction Park At Spicewood Spgs Ph

A rare 2026 comprehensive rebuild in the highly sought-after WESTWOOD SCHOOL DISTRICT, this exceptional 4-bedroom, 2.5-bath residence offers 3,094 square feet of modern living space with beautiful MOUNTAIN VIEWS.

Thoughtfully rebuilt with quality, comfort, and long-term performance in mind, the home features a dramatic open-concept layout, soaring high ceilings, expansive living and entertaining areas, abundant natural light, and contemporary finishes throughout. Nearly every major component has been newly completed, including new roof, new windows, new electrical, new HVAC, spray foam insulation, new drywall, new finishes, new lawn, and new interior plumbing.

High-quality materials and craftsmanship are immediately apparent throughout the home, giving it the feel, function, and finish of a newly constructed luxury residence. With its impressive scale, spacious layout, top-tier school zoning, mountain views, and extensive 2026 rebuild, this home stands out as a truly remarkable offering in the neighborhood.

At $356/sqft, this home is 9% 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

10701 Scotland Well Dr, Austin, TX 78750

Property Details

Price $1,100,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 3,094 sqft
Lot Size 0.21 acres (9,104.04 sqft)
Year Built 1983
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Park At Spicewood Spgs Ph
County Travis
Zip Code 78750
$/sqft $356/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $14,112
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT230628133
List Date May 23, 2026
Elementary School Laurel Mountain
Middle School Canyon Vista
High School Westwood
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.

Schedule a Call →

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
12506 Painted Bunting Dr
Painted Bunting
$1,100,000 $484 3 bd / 3 ba 2,275 sqft , 2026-04-16
2902 Oakmont Blvd
Brykerwoods Annex 02 Resub
$1,100,000 $422 4 bd / 3 ba 2,606 sqft , 2025-11-13
2806 W 44th St #B
Highland Park
$1,100,000 $489 3 bd / 4 ba 2,250 sqft , 2026-05-13
1204 W 22 1/2 St
Lawless
$1,100,000 $529 3 bd / 2 ba 2,080 sqft , 2026-05-14
1107 Bowie Rd
Austin Lake Hills Sec 02
$1,100,000 $371 4 bd / 4 ba 2,965 sqft , 2026-06-25

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
$5,280/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
$220,000
20% conventional investment loan

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

Estimated Gross Rent+$5,280
Principal + Interest−$6,003
Property Tax (~2.1% TX avg)−$1,925
Insurance (~0.5%)−$458
Est. Monthly Cash Flow $-3,106

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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