Active Listing  ·  67 days on market

1142 Lost Creek Blvd #12

Austin, TX 78746
$975,000
3 Bed 3 Bath 2,595 sqft $376/sqft Built 2014 0.14 acres 2-Car Garage Pool Verde Heights At Lost Creek Co

Luxury West Lake Hills Townhome | Downtown Austin Views | Private Elevator | Eanes ISD

Experience elevated lock-and-leave living in this exceptional three-story detached condo in the exclusive Verde Heights community of Lost Creek. Located in prestigious West Lake Hills and zoned to the acclaimed Eanes ISD, this beautifully designed residence offers breathtaking downtown Austin skyline views and effortless convenience just minutes from downtown, Lake Austin, Barton Creek, and premier shopping and dining.

Thoughtfully designed with 3 bedrooms and 3 full baths, each level features a private bedroom and full bath, providing flexibility for guests, multigenerational living, or a home office. A private elevator offers seamless access to all three floors, while the attached two-car garage includes an electric vehicle charging.

The chef-inspired kitchen is equipped with quartz countertops, Bosch appliances, a professional gas range, built-in oven and microwave, Samsung refrigerator, expansive island with prep sink, farmhouse sink, subway tile backsplash, and abundant custom cabinetry. The open-concept living and dining areas are filled with natural light and enhanced by rich wood flooring and two fireplaces—one on the main living level and one in the loft.

Step outside to the covered balcony, where sweeping downtown Austin skyline views provide the perfect backdrop for entertaining. Complete with a built-in wet bar, sink, and beverage refrigerator, the outdoor living space is ideal for morning coffee, evening cocktails, or enjoying Austin's spectacular sunsets.

The spacious primary suite offers a spa-inspired retreat featuring dual vanities, an oversized frameless glass walk-in shower, and a generous walk-in closet.

Combining luxury finishes, panoramic city views, elevator access, low-maintenance living, and an unbeatable West Lake Hills location, this exceptional residence offers the perfect blend of comfort, style, and convenience.

At $376/sqft, this home is 4% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1142 Lost Creek Blvd #12, Austin, TX 78746

Property Details

Price $975,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,595 sqft
Lot Size 0.14 acres (5,932.87 sqft)
Year Built 2014
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Verde Heights At Lost Creek Co
County Travis
Zip Code 78746
$/sqft $376/sqft
Days on Market ,
HOA $500/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240319572
List Date July 18, 2026
Elementary School Forest Trail
Middle School Hill Country
High School Westlake
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 · July 18, 2026 $995,000
Current ask $975,000
Reduced $20,000 (-2.0%) 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
1211 Falcon Ledge Dr
Camelot Sec 03
$1,094,000 $533 3 bd / 2 ba 2,051 sqft , 2026-05-28
6304 WHITEMARSH VALLEY Walk
LOST CREEK SEC 2
$1,099,000 $511 4 bd / 2 ba 2,152 sqft , 2026-09-17
6009 Diamond Head Dr
Hills Lost Creek Sec 03
$1,250,000 $463 3 bd / 3 ba 2,698 sqft , 2026-09-21

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
$4,680/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
$195,000
20% conventional investment loan

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

Estimated Gross Rent+$4,680
Principal + Interest−$5,321
Property Tax (~2.1% TX avg)−$1,706
Insurance (~0.5%)−$406
Est. Monthly Cash Flow $-2,753

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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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 September 8, 2026.

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