Active Listing  ·  139 days on market

11029 Arroyo Canyon Dr

Austin, TX 78736
$3,295,000
4 Bed 5 Bath 5,150 sqft $640/sqft Built 2003 5.48 acres 2-Car Garage Pool Madrones

Freshly priced at $3,295,000 — and worth every penny. Built by Simmering Custom Homes, 11029 Arroyo Canyon Drive sets a standard that's immediately apparent. Every detail was chosen with intention — and it shows.

Set within an exclusive gated enclave of just twelve homes, this 5.48-acre Hill Country sanctuary delivers some of the most breathtaking canyon views in the Austin area. Resort-style pool with waterfalls and spa, expansive flagstone terraces, outdoor fireplace lounge, and a private quarter-mile hiking trail complete the outdoor experience. The property operates on its own water well and rainwater catchment irrigation — true self-sufficiency screened by native landscaping and absolute privacy.

Inside: a main-floor primary suite with canyon views and spa bath, second main-floor guest suite, two additional en-suite bedrooms upstairs, chef's kitchen, formal office, game room, and climate-controlled flex space off the two-car garage. With 5.48 acres thoughtfully sited, there's still room to add a sports court, car barn, or additional structure.

Beyond the gates, the neighborhood's private Barton Creek park is a short walk, bike, or golf cart ride away — reserved exclusively for residents. Minutes to Bee Cave, Hill Country Galleria, and Whole Foods. Zoned to Lake Travis ISD. 11029 Arroyo Canyon Drive isn't a compromise between privacy and proximity — it's proof you don't have to choose.

At $640/sqft, this home is priced 64% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

11029 Arroyo Canyon Dr, Austin, TX 78736

Property Details

Price $3,295,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 5,150 sqft
Lot Size 5.48 acres (238,708.8 sqft)
Year Built 2003
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Madrones
County Travis
Zip Code 78736
$/sqft $640/sqft
Days on Market ,
HOA $900/Annually
Annual Tax Est. $42,394.16
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220507853
List Date March 18, 2026
Elementary School Bee Cave
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 →

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
703 E Live Oak St
Travis Heights
$3,295,000 $812 5 bd / 7 ba 4,060 sqft , 2026-03-13
16005 Chateau Ave
Vineyard Bay Ph 01
$3,295,000 $550 5 bd / 6 ba 5,988 sqft , 2026-05-08
2104 Ann Arbor Ave
Avon Heights Sec 06
$3,299,000 $896 5 bd / 5 ba 3,683 sqft , 2026-06-22
7609 Sandia Loop
Foothills Barton Creek
$3,290,000 $558 5 bd / 5 ba 5,891 sqft , 2026-04-23
831 Polo Club Dr
The Polo Club At Rooster Spgs Ph 4
$3,300,000 $633 4 bd / 5 ba 5,212 sqft , 2026-04-27

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
$15,816/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
$659,000
20% conventional investment loan

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

Estimated Gross Rent+$15,816
Principal + Interest−$17,982
Property Tax (~2.1% TX avg)−$5,766
Insurance (~0.5%)−$1,373
Est. Monthly Cash Flow $-9,305

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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