Active Listing  ·  32 days on market

126 Vailco Ln

Austin, TX 78738
$1,150,000
5 Bed 5 Bath 4,419 sqft $260/sqft Built 2006 0.47 acres 3-Car Garage Pool Ridge At Alta Vista

Space, privacy, and a beautiful Hill Country setting come together in this exceptional Ridge at Alta Vista home. Tucked away on a quiet cul-de-sac and backing to peaceful green space, this impressive 4,419-square-foot residence sits on nearly half an acre (.47 acre) and offers a thoughtfully designed floor plan with 5 bedrooms, 4.5 baths, multiple living areas, a dedicated office, and two primary suites on the main level. From the moment you enter, the home feels warm and inviting, with hardwood floors, generous room sizes, abundant natural light, and timeless architectural details. The formal living and dining rooms provide beautiful spaces for entertaining, while the heart of the home offers comfortable everyday living anchored by a handsome stone fireplace. A spacious walk-in pantry adds exceptional storage and functionality. Two primary suites are located downstairs, creating an ideal arrangement for multigenerational living, extended family, long-term guests, or simply the luxury of additional private space. Three of the five bedrooms feature their own private full baths, giving family and guests a wonderful sense of privacy. Upstairs, soft carpeting adds comfort to the additional bedroom and living spaces. Step outside and discover what makes this property especially memorable. The .47-acre homesite backs to beautiful green space, creating a peaceful backdrop with no immediate neighbor behind and a wonderful connection to the surrounding Hill Country landscape. Whether enjoying a quiet morning, entertaining friends, or simply unwinding at the end of the day, the setting feels private and serene. Located in the desirable Ridge at Alta Vista near Lakeway, this home combines the tranquility of a spacious Hill Country property with convenient access to highly regarded schools, shopping, dining, recreation, and the nearby Highland Lakes. A special home, a beautiful setting, and room for everyone, and the flexibility. This is Hill Country living at its best.

At $260/sqft, this home is 34% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

126 Vailco Ln, Austin, TX 78738

Property Details

Price $1,150,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 4,419 sqft
Lot Size 0.47 acres (20,647.44 sqft)
Year Built 2006
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Ridge At Alta Vista
County Travis
Zip Code 78738
$/sqft $260/sqft
Days on Market ,
HOA $150/Monthly
Annual Tax Est. $14,083.88
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239447721
List Date August 22, 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.

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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
104 Whitley Dr
Ridge At Alta Vista
$1,175,000 $333 4 bd / 4 ba 3,533 sqft , 2026-08-20
222 Vailco Ln
Ridge At Alta Vista Resub
$1,107,000 $242 5 bd / 4 ba 4,573 sqft , 2026-05-08
129 Sebastians Run
Ridge At Alta Vista
$1,084,000 $235 4 bd / 4 ba 4,617 sqft , 2026-05-22
404 Aria Dr
Ridge At Alta Vista
$1,299,999 $256 5 bd / 5 ba 5,069 sqft , 2026-05-22
129 Vailco Ln
Ridge At Alta Vista
$1,325,000 $263 5 bd / 5 ba 5,033 sqft , 2026-09-16

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
$5,520/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
$230,000
20% conventional investment loan

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

Estimated Gross Rent+$5,520
Principal + Interest−$6,276
Property Tax (~2.1% TX avg)−$2,013
Insurance (~0.5%)−$479
Est. Monthly Cash Flow $-3,248

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 19, 2026.

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