Active Listing  ·  105 days on market

111 Sailfish St

Austin, TX 78734
$2,760,000
3 Bed 3 Bath 3,698 sqft $746/sqft Built 2008 2.57 acres 2-Car Garage Pool Waterfront Lakeway Sec 01

Perched above Lake Travis at the end of a quiet street, 111 Sailfish St is all about the view—uninterrupted, panoramic water views from nearly every room. With a private boat dock, a long winding driveway, and a dramatic courtyard entrance framed by a waterfall, the arrival feels more like a private resort than a residence.

Inside, soaring ceilings and expansive windows immediately draw your eye to the lake. The main living area features vaulted two-story ceilings, a fireplace, and seamless connection to a spacious kitchen designed for entertaining, complete with two oversized islands and a formal dining space just off the kitchen. Every space is thoughtfully oriented to maximize both views and flow.

The main level offers both comfort and flexibility, with a guest suite and full bath, as well as a stunning primary retreat. The primary suite includes a private sitting area with wet bar, patio access, and a spa-like bathroom with dual vanities, soaking tub, walk-in shower, and an oversized closet with a center island.

Upstairs, a secondary living room with a private balcony creates the perfect setting for movie nights or a quiet escape, while downstairs, an additional guest suite with full bath and its own balcony overlooks the lake. Each level offers its own sense of privacy. The home is equipped with Control4 technology for seamless audio and lighting.

The expansive patio unfolds into multiple entertaining spaces, complete with a built-in grill, outdoor fireplace, and an infinity-edge hot tub that visually disappears into Lake Travis. Sunset skies and passing boats make every evening feel like a destination.

A scenic tram ride leads to your private two-slip boat dock on the main body of Lake Travis, where the water becomes your backyard—morning cruises, afternoons swimming and paddle boarding, and sunset rides that never get old.

At $746/sqft, this home is priced 91% 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

111 Sailfish St, Austin, TX 78734

Property Details

Price $2,760,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 3,698 sqft
Lot Size 2.57 acres (111,901.28 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeway Sec 01
County Travis
Zip Code 78734
$/sqft $746/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $19,553
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT227038904
List Date April 21, 2026
Elementary School Lake Travis
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
3006 Washington Sq
Allen J B
$2,750,000 $816 4 bd / 4 ba 3,371 sqft , 2026-02-26
1915 Brackenridge St
Blue Bonnet Hills
$2,750,000 $975 4 bd / 5 ba 2,820 sqft , 2026-05-14
508 Serene Estates Dr
Serene Hills Ph 3Wa & Rep
$2,749,000 $563 4 bd / 6 ba 4,887 sqft , 2026-07-29
4504 Small Dr
Northwest Hills
$2,795,000 $739 4 bd / 4 ba 3,783 sqft , 2026-07-22
5819 Westslope Dr
Cat Mountain Villas Sec 03B
$2,799,000 $698 4 bd / 4 ba 4,012 sqft , 2026-07-13

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
$13,248/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
$552,000
20% conventional investment loan

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

Estimated Gross Rent+$13,248
Principal + Interest−$15,062
Property Tax (~2.1% TX avg)−$4,830
Insurance (~0.5%)−$1,150
Est. Monthly Cash Flow $-7,794

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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