Active Listing  ·  122 days on market

10903 Lakeside Dr

Jonestown, TX 78645
$899,000
2 Bed 2 Bath 1,451 sqft $620/sqft Built 1994 0.05 acres Pool Waterfront JONESTOWN

Lakehouse Lake House Water Front 2/2 with huge loft…amazing outdoor living areas!..6 decks overlooking ON Lake Travis Waterfront Peaceful place home or get away to. Comfortably sleeps 10+. No formal survey available but see neighborhood plat pic below. Left landscaping all natural for low maintenance. 3 Br (loft) 2 full bath 1, 451 sq ft conditioned per TCAD 1,390 sq ft outdoor living decks/patios/porches (estimated) 192 sq ft 2 storage sheds 3,033 sq ft of total structures (approximate) open living/kitchen/dining fully furnished both inside and outside (Buyer’s option) 2 Large Storage sheds 100+ ft frontage on lake Travis RV 50amp hook up DRV 5th Wheel On site and avail High speed internet you can Work from home. They aren’t making any more water front property on Lake Travis…especially not this near to EVERYTHING…15 minutes to Anything at 1431/183 FM1431 Highway 183 Leander Cedar Park Domain North. 30 minutes to downtown Austin. 40 minutes to ABIA Austin Bergstrom Airport. This property is the perfect weekend getaway or full time residence (fairly easy expansion of lakeside Bedroom and Bathroom can be made into master suite)…with rental potential that lowers the cost of ownership. South by Southwest and Austin City Limits music festivals are eas Ubers away. Soaring ceilings, giant fireplace, floor to ceiling windows…made for making memories! The lot slopes and there is no paved driveway, and several stairs down to water…so wear your comfortable shoes. Why in the world would you buy in a crowded suburban neighborhood with no soul when you can own a waterfront ATX Dream Home

At $620/sqft, this home is priced 85% above the Jonestown active market average of $335/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

10903 Lakeside Dr, Jonestown, TX 78645

Property Details

Price $899,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,451 sqft
Lot Size 0.05 acres (1,986.34 sqft)
Year Built 1994
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision JONESTOWN
County Travis
Zip Code 78645
$/sqft $620/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT231092528
List Date May 23, 2026
Elementary School CC Mason
Middle School Leander Middle
High School Leander High
School District ,

Luke Allen (TREC #788149) has deep knowledge of Jonestown 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 Jonestown

Comparable Listings Right Now

Homes currently for sale in Jonestown 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
18302 W Rim Dr
Webb H E 01
$699,000 $499 3 bd / 2 ba 1,402 sqft , 2026-09-22

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
$4,315/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
$179,800
20% conventional investment loan

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

Estimated Gross Rent+$4,315
Principal + Interest−$4,906
Property Tax (~2.1% TX avg)−$1,573
Insurance (~0.5%)−$375
Est. Monthly Cash Flow $-2,539

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 Jonestown, TX

Jonestown 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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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 May 24, 2026.

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