Active Listing  ·  41 days on market

11609 Lake Stone Dr #71

Austin, TX 78738
$1,650,000
4 Bed 4 Bath 3,853 sqft $428/sqft Built 2018 0.51 acres 3-Car Garage Pool Lakes Edge

A resort-style backyard with unparalleled privacy, and a 265 square foot screened-in porch sets this exceptional home apart from anything in Lakes Edge, a luxury gated neighborhood in prestigious Eanes ISD. This property offers a rare combination of privacy, luxury, and everyday livability in one of West Austin's most sought-after locations. Designed for both entertaining and relaxed family living, the outdoor spaces center around a spectacular 10,000-gallon pool, a luxurious Ipe wood deck, and nearly 80 feet of mature, professionally irrigated bamboo that creates a true sense of seclusion. The oversized screened-in patio extends the living space outdoors, providing the perfect setting for morning coffee, weekend gatherings, and peaceful evenings overlooking the greenbelt. Inside, soaring vaulted ceilings, hardwood floors, and light-filled living areas flow seamlessly between the kitchen, dining, and family room. A dedicated office with 8-foot steel-and-glass doors and vaulted ceilings, a private guest suite with a full bath and walk-in closet, and thoughtfully designed living spaces throughout offer flexibility for both work and everyday life. The spacious primary retreat features dual walk-in closets and serene views, while upstairs, a second living area, two generously sized bedrooms connected by a Jack-and-Jill bath, hidden storage solutions, and a large media room wired for surround sound and a projector provide room to spread out and entertain. Combining exceptional indoor-outdoor living, luxury finishes, and the privacy within highly acclaimed Eanes ISD, this remarkable property offers a lifestyle rarely found in today's market.

At $428/sqft, this home is priced 9% 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

11609 Lake Stone Dr #71, Austin, TX 78738

Property Details

Price $1,650,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,853 sqft
Lot Size 0.51 acres (22,411.62 sqft)
Year Built 2018
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakes Edge
County Travis
Zip Code 78738
$/sqft $428/sqft
Days on Market ,
HOA $500/Quarterly
Annual Tax Est. $20,074.08
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232723389
List Date June 24, 2026
Elementary School Barton Creek
Middle School West Ridge
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.

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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 · June 24, 2026 $1,750,000
Current ask $1,650,000
Reduced $100,000 (-5.7%) 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
14721 Bear Creek Pass
Bear Creek Estates I
$1,650,000 $362 4 bd / 5 ba 4,564 sqft , 2025-10-22
1700 Patterson Rd
Barton Bend
$1,650,000 $579 3 bd / 3 ba 2,851 sqft , 2026-04-25
13701 Montview Dr
Montview Acres
$1,650,000 $455 4 bd / 5 ba 3,625 sqft , 2026-06-10
1719 Spyglass Dr #17
Spyglass
$1,654,900 $526 4 bd / 5 ba 3,146 sqft , 2026-05-08
102 N Lake Hills Dr
Lake Ridge Estates Sec 02
$1,658,888 $509 4 bd / 4 ba 3,256 sqft , 2026-07-20

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
$7,920/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
$330,000
20% conventional investment loan

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

Estimated Gross Rent+$7,920
Principal + Interest−$9,005
Property Tax (~2.1% TX avg)−$2,888
Insurance (~0.5%)−$688
Est. Monthly Cash Flow $-4,661

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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