Active Listing  ·  133 days on market

118 Lido St

Austin, TX 78734
$1,475,000
5 Bed 5 Bath 4,501 sqft $328/sqft Built 1997 0.72 acres 4-Car Garage Pool Lakeway

Welcome to 118 Lido Street, where comfort, convenience, and character come together. Set along the Live Oak Golf Course on a tree-lined street in Old Lakeway, this stately residence offers 5 bedrooms and 4.5 bathrooms across 4,501 square feet. The main home includes 3 bedrooms, 3.5 bathrooms, and a dedicated office with optional 4th bedroom flexibility, while a fully equipped 2-bedroom, 1-bath guest residence supports multi-generational living.

A grand foyer opens to light-filled living areas with timeless details, custom built-ins, and a wet bar that enhance the open-concept layout. The kitchen is both functional and welcoming, positioned beside a formal dining room highlighted by a mahogany coffered ceiling—adding warmth and architectural character with flexibility for alternate use.

The primary suite offers a private retreat with separate bathrooms and walk-in closets. Secondary bedrooms are generously sized, while the office provides versatility for work, guests, or additional living space. Storage is thoughtfully integrated throughout.

Situated on a rare double lot, the outdoor setting is designed for both relaxation and entertaining, featuring a spacious patio, landscaped grounds, heated pool, and hot tub.

A detached guest residence within the 4-car garage adds flexibility, complete with living, kitchen, dining, two bedrooms, a full bath, and private laundry. A 247-square-foot climate-controlled workshop further enhances functionality.

A rare Old Lakeway offering defined by space, privacy, and a seamless blend of main and guest living.

At $328/sqft, this home is 16% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

118 Lido St, Austin, TX 78734

Property Details

Price $1,475,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 4,501 sqft
Lot Size 0.72 acres (31,363.2 sqft)
Year Built 1997
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeway
County Travis
Zip Code 78734
$/sqft $328/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223631081
List Date March 24, 2026
Elementary School Serene Hills
Middle School Hudson Bend
High School Lake Travis
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 →

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
1018 Harwood Pl
Travis Heights
$1,475,000 $441 4 bd / 4 ba 3,344 sqft , 2026-05-01
457 Santaluz Ln
Steiner Ranch, River Dance Ph 05
$1,475,000 $284 5 bd / 7 ba 5,185 sqft , 2026-07-07
328 Ringtail Stream Dr
Serene Hills Sub Ph 2W
$1,477,000 $415 4 bd / 4 ba 3,563 sqft , 2026-06-13
107 Caicos Cv
Rough Hollow Sec 10 Rsb Lts 26
$1,495,000 $312 5 bd / 6 ba 4,798 sqft , 2026-03-13
208 Santaluz Ln
River Dance Ph 05
$1,495,000 $365 5 bd / 4 ba 4,093 sqft , 2026-04-23

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
$7,080/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
$295,000
20% conventional investment loan

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

Estimated Gross Rent+$7,080
Principal + Interest−$8,050
Property Tax (~2.1% TX avg)−$2,581
Insurance (~0.5%)−$615
Est. Monthly Cash Flow $-4,166

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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