Active Listing  ·  144 days on market

118 Perpetuation Dr

Austin, TX 78734
$549,000
3 Bed 3 Bath 2,448 sqft $224/sqft Built 2012 0.18 acres 2-Car Garage Pool Vistas At Lakeway Condo

Gorgeous home in The Vistas at Lakeway with hardwood flooring, designed for comfort and elegance, perfect open floorplan, surrounded by hill country greenbelt views in a quiet, peaceful neighborhood, making it a perfect retreat for relaxation and entertainment, near Lake Travis and prime location in the heart of Lakeway, close to a newer shopping center with convenient H-E-B grocery store, restaurants and shops. Totally upgraded with new high efficiency HVAC system, 2 new hot water heaters, new interior paint and double ovens and gas cooktop in kitchen. It has high ceilings in the entire home with 3-bedrooms, 3 full bathrooms plus a separate office and an additional bonus room upstairs with a large storage closet. Community swimming pool, workout facility, pavilion and outdoor grill. HOA pays for almost everything, including water, waste disposal, recycling, cable and internet; homeowner pays only electricity and gas. This home is perfect for a primary residence, a second home or a low-maintenance lock and leave lifestyle. Key features and highlights:

* Prime location near Lake Travis.

* Surrounded by convenience.

* Flexible and spacious layout.

* Energy-efficient design for year-round comfort.

* Within walking distance of shopping, dining and entertainment.

* Highly acclaimed Lake Travis schools

At $224/sqft, this home is 43% 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 Perpetuation Dr, Austin, TX 78734

Property Details

Price $549,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,448 sqft
Lot Size 0.18 acres (8,010.68 sqft)
Year Built 2012
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Vistas At Lakeway Condo
County Travis
Zip Code 78734
$/sqft $224/sqft
Days on Market ,
HOA $575/Monthly
Annual Tax Est. $9,858.74
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222287252
List Date March 13, 2026
Elementary School Lakeway
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
9407 McKnight Loop #9
Western Clstrs Condos
$549,000 $304 3 bd / 3 ba 1,806 sqft , 2026-04-30
8200 Southwest Pkwy #302
Escondera Condo Bldg 3
$549,000 $291 2 bd / 3 ba 1,887 sqft , 2026-05-01
13109 Sinton Ln
Milwood Sec 22
$549,000 $243 3 bd / 3 ba 2,259 sqft , 2026-05-22
7516 Windrush Dr
Milwood
$549,000 $190 4 bd / 3 ba 2,884 sqft , 2026-06-25
12901 Partridge Bend Dr
Hunters Chase Sec 07 Amd Pt Amd
$549,000 $225 4 bd / 2 ba 2,436 sqft , 2026-06-26

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
$2,635/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
$109,800
20% conventional investment loan

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

Estimated Gross Rent+$2,635
Principal + Interest−$2,996
Property Tax (~2.1% TX avg)−$961
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,551

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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