Active Listing  ·  34 days on market

11608 Loweswater Ln

Austin, TX 78754
$364,900
4 Bed 3 Bath 2,356 sqft $155/sqft Built 1988 0.16 acres 2-Car Garage Pool Harris Branch Ph 01-a Sec 02

This stately two-story architecture of this residence establishes an elegant presence with private grounds that back up to accessible green space .As soon as you enter, the space feels Massive! It gives off Mansion vibes with the high ceilings and a Grand looking stair railing above. It's no tiny house for sure boasting 2358 square feet of living area! This residence features a gracious layout designed to accommodate both formal gatherings and refined daily living.

Within the interior, the floor plan comprises four bedrooms, two full bathrooms, and one half bathroom. The primary bedroom is Spacious with the ensuite offering a garden tub & glass shower. And there's no shortage of storage! The accommodating square footage is thoughtfully distributed across two levels, establishing a serene distinction between social spaces and private retreats. This property also boasts a private covered deck overlooking the woods- peaceful and quiet. Enough with the words... Let the pictures do the talking! Then come check it out for yourself & arrange a private viewing of this distinguished Texas residence.

Situated within the city of Austin,& Easy access to I H-35 & 130... this property offers a sophisticated suburban lifestyle at a BARGAIN Price!!

At $155/sqft, this home is 60% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

11608 Loweswater Ln, Austin, TX 78754

Property Details

Price $364,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,356 sqft
Lot Size 0.16 acres (6,969.6 sqft)
Year Built 1988
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Harris Branch Ph 01-a Sec 02
County Travis
Zip Code 78754
$/sqft $155/sqft
Days on Market ,
HOA $481/Annually
Annual Tax Est. $3,347
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245847942
List Date September 4, 2026
Elementary School Bluebonnet Trail
Middle School Manor (Manor ISD)
High School Manor
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 · September 4, 2026 $369,900
Current ask $364,900
▼ Reduced $5,000 (-1.4%) 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
10925 Tallsalt Dr
Evelyn
$373,300 $207 3 bd / 3 ba 1,805 sqft , 2026-06-01
5713 Koshoa Dr
Evelyn Tr Ph One
$374,990 $228 4 bd / 3 ba 1,648 sqft , 2026-09-29
7516 Saginaw Dr
Bellingham Mdws Ph 2 Sec 2
$375,000 $201 3 bd / 3 ba 1,864 sqft , 2026-04-29
10841 Tallsalt Dr
Evelyn
$379,990 $239 4 bd / 2 ba 1,587 sqft , 2026-06-15
10913 Tallsalt Dr
Evelyn
$379,990 $211 3 bd / 3 ba 1,805 sqft , 2026-07-14

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
$1,752/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
$72,980
20% conventional investment loan

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

Estimated Gross Rent+$1,752
Principal + Interest−$1,991
Property Tax (~2.1% TX avg)−$639
Insurance (~0.5%)−$152
Est. Monthly Cash Flow $-1,030

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 24, 2026.

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