Active Listing  ·  19 days on market

11801 Musket Rim St

Austin, TX 78738
$3,250,000
4 Bed 6 Bath 5,445 sqft $597/sqft Built 2006 1.08 acres 4-Car Garage Pool Spanish Oaks

Rarely does an estate of this caliber become available in the prestigious, guard-gated community of Spanish Oaks. Set on over an acre, this exceptional Spanish-inspired residence blends timeless architecture, remarkable privacy & resort-style outdoor living with a coveted single story floor plan. Lovingly maintained, the home showcases exceptional craftsmanship, soaring ceilings, rich architectural details, Italian plaster walls & beautifully designed living spaces.

Designed for entertaining & everyday comfort, the thoughtfully planned layout offers outstanding separation of space with a private primary retreat on one side of the home & spacious secondary bedrooms and guest accommodations on the other. A dedicated executive office plus a second flexible office provide ideal work-from-home space, fitness room, library or creative studio.

Step outside to a setting that feels more like a private Hill Country resort. A winding walking trail meanders through the wooded property, while multiple covered patios, an outdoor kitchen, fireplace, private pool & spa, and a secluded patio off one of the secondary bedrooms create exceptional spaces for entertaining or quiet relaxation.

A rare offering in Spanish Oaks, the property also features a 720-foot private well tapping the Trinity Aquifer, 45 ground-mounted solar panels, and a spacious 4-car garage.

Residents enjoy one of Austin's premier luxury lifestyles with 24-hour guarded security, the award-winning Spanish Oaks Golf Club, Fish Camp, miles of trails, parks & playgrounds. Located in acclaimed Lake Travis ISD, just minutes from the Hill Country Galleria, fine dining, shopping, downtown Austin & Austin-Bergstrom International Airport, this is a rare opportunity to own an exceptional estate in one of Austin's most coveted communities.

At $597/sqft, this home is priced 53% 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

11801 Musket Rim St, Austin, TX 78738

Property Details

Price $3,250,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 2
Living Area 5,445 sqft
Lot Size 1.08 acres (47,088.36 sqft)
Year Built 2006
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Spanish Oaks
County Travis
Zip Code 78738
$/sqft $597/sqft
Days on Market ,
HOA $250/Monthly
Annual Tax Est. $51,570.71
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239953757
List Date July 16, 2026
Elementary School Lake Pointe
Middle School Lake Travis
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
2404 Arpdale St
Barton Hills Sec 03A
$3,250,000 $830 5 bd / 5 ba 3,918 sqft , 2025-11-01
6411 Cary Dr
Treadwell Add Sec 01
$3,250,000 $813 5 bd / 5 ba 3,999 sqft , 2026-02-27
6300 Caudill Ln
Creeks Edge
$3,250,000 $542 5 bd / 7 ba 6,000 sqft , 2026-03-26
2805 Hatley Dr
Rollingwood Sec 02
$3,250,000 $894 5 bd / 4 ba 3,634 sqft , 2026-05-07
103 Bella Cima Dr
Costa Bella Sec 02
$3,250,000 $465 5 bd / 6 ba 6,987 sqft , 2026-07-17

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
$15,600/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
$650,000
20% conventional investment loan

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

Estimated Gross Rent+$15,600
Principal + Interest−$17,737
Property Tax (~2.1% TX avg)−$5,688
Insurance (~0.5%)−$1,354
Est. Monthly Cash Flow $-9,179

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →