Active Listing  ·  1026 days on market

11119 Lakeside Dr

Jonestown, TX 78645
$965,000
3 Bed 3 Bath 2,371 sqft $407/sqft Built 2020 0.48 acres 2-Car Garage Pool Waterfront Lake Sandy

$25K closing cost incentive with an accepted offer! Experience Lake Travis waterfront living at 11119 Lakeside Dr, an impeccably designed Jonestown residence offering direct lakefront access, striking Hill Country views, and a beautifully finished 2,371-square-foot layout. Built in 2020, this 3-bedroom, 2.5-bath home blends modern design with relaxed lakeside comfort, featuring soaring ceilings, walls of windows, and an open-concept floor plan that captures the surrounding natural beauty from nearly every main living space.

The gourmet kitchen is designed for both daily living and entertaining, with custom cabinetry, granite countertops, a center island, breakfast bar, pantry, stainless steel appliances, and an easy connection to the dining and family areas. The main-level primary suite offers a private retreat with a spa-inspired bath featuring dual vanities, a walk-in shower, and refined designer finishes. Upstairs, two secondary bedrooms and a loft provide flexible space for guests, work, or additional living.

Outdoor living is a major highlight, with covered patios, balconies, multiple decks, lush surroundings, and a Z-shaped staircase leading down toward the water’s edge of Lake Travis. The property also allows short-term rentals, creating an appealing option for buyers seeking a personal lakefront retreat with income-producing potential. Additional features include a 2-car attached garage, private yard, tankless water heater, laundry room with pet wash area, and no HOA.

A rare Lake Travis waterfront opportunity with modern interiors, direct water access, investment flexibility, and a $25K closing cost incentive.

At $407/sqft, this home is priced 21% 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

11119 Lakeside Dr, Jonestown, TX 78645

Property Details

Price $965,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,371 sqft
Lot Size 0.48 acres (20,995.92 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lake Sandy
County Travis
Zip Code 78645
$/sqft $407/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT120140708
List Date December 1, 2023
Elementary School CC Mason
Middle School Running Brushy
High School Cedar Park
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 →

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 · December 1, 2023 $1,150,000
Previous ask $1,064,900
Current ask $965,000
Reduced $185,000 (-16.1%) 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 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
10314 W Darleen Dr
Trails End
$919,000 $440 4 bd / 2 ba 2,088 sqft , 2025-03-28
18303 Lake Oaks Dr
Jonestown Hills
$779,000 $262 4 bd / 4 ba 2,968 sqft , 2026-06-12
18305 Lake Oaks Dr
Jonestown Hills
$769,000 $263 4 bd / 4 ba 2,920 sqft , 2026-03-06
11005 Beach Rd
Valle Verde Beach
$760,000 $260 4 bd / 4 ba 2,924 sqft , 2026-03-20
18405 Georgetown Dr
Terrace Plaza
$749,000 $251 4 bd / 4 ba 2,980 sqft , 2026-07-25

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
$4,632/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
$193,000
20% conventional investment loan

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

Estimated Gross Rent+$4,632
Principal + Interest−$5,266
Property Tax (~2.1% TX avg)−$1,689
Insurance (~0.5%)−$402
Est. Monthly Cash Flow $-2,725

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 August 13, 2026.

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