Active Listing  ·  15 days on market

11619 Lake Stone Dr

Austin, TX 78738
$1,199,000
4 Bed 3 Bath 2,653 sqft $452/sqft Built 2018 0.51 acres 2-Car Garage Pool Lakes Edge Residential Condos

Tucked at the end of a cul-de-sac inside a quiet gated community, this 2018-built single-story is about the easiest entry point into Eanes ISD you'll find. Four bedrooms plus a dedicated office give you room to spread out without a staircase in the way, and the open floor plan flows from a massive curved quartz island — seating for five — into the living room, where a stacked-stone gas fireplace anchors a wall of windows overlooking the shaded backyard. Wood-look tile runs throughout the main living areas, and the kitchen is fully loaded with gas cooktop, custom vent hood, and floor-to-ceiling pantry cabinetry. The owner's suite sits privately at the back with a spa-style bath — soaking tub, oversized walk-in shower, dual vanities, and a walk-in closet with mirrored built-ins. Outside, a covered patio and mature oaks make the yard usable year-round, and at just $500/quarter, the HOA delivers gated, lock-and-leave living without giving up a real backyard. Turn key, move-in ready, and zoned to some of the best schools in Texas — this one won't sit long.

At $452/sqft, this home is priced 15% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

11619 Lake Stone Dr, Austin, TX 78738

Property Details

Price $1,199,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,653 sqft
Lot Size 0.51 acres (22,411.62 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakes Edge Residential Condos
County Travis
Zip Code 78738
$/sqft $452/sqft
Days on Market ,
HOA $500/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245273189
List Date September 8, 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 · September 8, 2026 $1,199,000
Previous ask $1,225,000
Current ask $1,199,000
Increased , (+0.0%) 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
2204 Rimrock Dr
Lake Pointe Sec 05
$1,250,000 $425 4 bd / 3 ba 2,941 sqft , 2026-08-29
3009 Brittany Point Ln
Lake Pointe
$1,350,000 $425 4 bd / 3 ba 3,176 sqft , 2026-09-04
12052 Tulare Dr
Lake Pointe
$950,000 $285 4 bd / 4 ba 3,339 sqft , 2026-07-25
12013 Fortuna Cv
Lake Pointe Ph 01A
$875,000 $303 4 bd / 4 ba 2,892 sqft , 2026-09-11

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
$5,755/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
$239,800
20% conventional investment loan

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

Estimated Gross Rent+$5,755
Principal + Interest−$6,543
Property Tax (~2.1% TX avg)−$2,098
Insurance (~0.5%)−$500
Est. Monthly Cash Flow $-3,386

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 20, 2026.

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