Active Listing  ·  152 days on market

109 Bella Colinas Dr

Austin, TX 78738
$1,575,000
4 Bed 4 Bath 4,013 sqft $392/sqft Built 2015 0.38 acres 3-Car Garage Pool Lakeway Highlands Rough Hollow

Welcome to 109 Bella Colinas, an exquisite 4,040 sq. ft. residence in the prestigious Rough Hollow community of Lakeway. This thoughtfully designed home blends timeless elegance with modern convenience, offering 4 bedrooms, multiple living spaces, and a stunning private guest casita with a full bath. Step through the charming courtyard—complete with an outdoor fireplace—into a home filled with soaring ceilings, rich hardwood floors, and natural light. The gourmet kitchen is a chef’s dream with a built-in refrigerator, double ovens, food warming drawer, abundant counter space and large walk-in pantry, perfect for both everyday living and entertaining. The home features a beautiful climate controlled wine room and bar area with extra beverage regfrigerator. It also has a dedicated office with beautiful built in cabinets and custom locking safe closet. The spacious primary suite, located on the main level, boasts a spa-like ensuite with a free-standing soaking tub, double-headed shower, and dual vanities. Upstairs and down, you’ll find versatile living areas ideal for relaxation, hosting, or family gatherings. Outdoor living is elevated with a covered patio overlooking the sparkling pool, low-maintenance turfed yard, and lush landscaping—all designed for year-round enjoyment. Additional features include a mudroom with built-ins, a large laundry room with a dog-washing station, and a one double and one single garage. The air conditioned single car garage that can be converted to an office, gym, or both! Living in Rough Hollow means access to resort-style amenities, including a yacht club and marina, lakeside restaurant, pools, fitness center, miles of hike and bike trails, and a vibrant calendar of neighborhood events. Located in award-winning Lake Travis ISD, this home offers the perfect blend of luxury, community, and convenience.

At $392/sqft, this home is priced in line with the Austin market average of $392/sqft across 4,590 active listings. View Austin market report →

Location

109 Bella Colinas Dr, Austin, TX 78738

Property Details

Price $1,575,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 4,013 sqft
Lot Size 0.38 acres (16,335 sqft)
Year Built 2015
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeway Highlands Rough Hollow
County Travis
Zip Code 78738
$/sqft $392/sqft
Days on Market ,
HOA $137.33/Monthly
Annual Tax Est. $29,210.45
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227179997
List Date April 24, 2026
Elementary School Serene Hills
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.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · April 24, 2026 $1,695,000
Previous ask $1,600,000
Current ask $1,575,000
Reduced $120,000 (-7.1%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
701 Echelon Pl
Rough Hollow
$1,575,000 $364 5 bd / 4 ba 4,330 sqft , 2026-04-27
108 Aruba Ct
Rough Hollow Sec 10 Resub Of L
$1,500,000 $354 5 bd / 5 ba 4,239 sqft , 2026-05-08
203 Martinique Pass
Rough Hollow Sec 10
$1,499,000 $372 5 bd / 4 ba 4,027 sqft , 2026-08-18
320 Bisset Ct
Rough Hollow Sec 1 Amdlt1-6,11
$1,695,000 $387 5 bd / 6 ba 4,383 sqft , 2026-09-17
109 Bisset Ct
Rough Hollow
$1,699,000 $322 4 bd / 5 ba 5,282 sqft , 2026-08-01

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
$7,560/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
$315,000
20% conventional investment loan

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

Estimated Gross Rent+$7,560
Principal + Interest−$8,595
Property Tax (~2.1% TX avg)−$2,756
Insurance (~0.5%)−$656
Est. Monthly Cash Flow $-4,447

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 6, 2026.

📞 (254) 718-2567 [email protected] More about Luke →