Active Listing  ·  7 days on market

129 Vailco Ln

Austin, TX 78738
$1,325,000
5 Bed 5 Bath 5,033 sqft $263/sqft Built 2006 0.38 acres 4-Car Garage Pool Ridge At Alta Vista

Beautifully maintained and thoughtfully designed, this exceptional residence is located within the exclusive gated enclave of The Ridge at Alta Vista. Ideally positioned on a desirable cul-de-sac, the home overlooks the protected Balcones Canyonlands Preserve and the rolling beauty of the surrounding Hill Country.

A grand foyer with marble floors and a sweeping double staircase sets an impressive tone upon arrival. The formal living and dining rooms open to expansive windows and a balcony capturing the surrounding views. The well-appointed kitchen flows effortlessly into a spacious family room, ideal for everyday living and entertaining. A dedicated office and private guest suite with an en suite bath complete the main level.

Upstairs, the expansive primary suite is a private retreat with its own balcony overlooking the canyon and preserve. A fireplace and sitting area add warmth and comfort, while generous walk-in closets and a spacious primary bath complete the suite. Three additional bedrooms are located upstairs—one with a private en suite bath and two connected by a Jack-and-Jill bath.

An impressive 2,700-square-foot unfinished lower level offers endless possibilities for customization, with direct access to the beautifully landscaped backyard. Thoughtfully designed gardens, a tranquil water feature, hot tub, gathering spaces, and ambient landscape lighting create an inviting outdoor setting. Backing to the protected preserve, the backyard enjoys complete privacy and panoramic Hill Country views.

Two separate garages accommodate up to four vehicles. Ideally situated in a prime Lakeway location, residents enjoy neighborhood amenities including a clubhouse, pool, fitness center, tennis courts, and playground, along with convenient access to the shopping, dining, and recreational offerings of Lakeway and Bee Cave. This exceptional property offers a rare combination of privacy, generous scale and breathtaking natural surroundings.

At $263/sqft, this home is 33% 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

129 Vailco Ln, Austin, TX 78738

Property Details

Price $1,325,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 5,033 sqft
Lot Size 0.38 acres (16,626.85 sqft)
Year Built 2006
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Ridge At Alta Vista
County Travis
Zip Code 78738
$/sqft $263/sqft
Days on Market ,
HOA $150/Monthly
Annual Tax Est. $22,453.08
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246966218
List Date September 16, 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.

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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
404 Aria Dr
Ridge At Alta Vista
$1,299,999 $256 5 bd / 5 ba 5,069 sqft , 2026-05-22
104 Whitley Dr
Ridge At Alta Vista
$1,175,000 $333 4 bd / 4 ba 3,533 sqft , 2026-08-20
126 Vailco Ln
Ridge At Alta Vista
$1,150,000 $260 5 bd / 5 ba 4,419 sqft , 2026-08-22
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

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
$6,360/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
$265,000
20% conventional investment loan

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

Estimated Gross Rent+$6,360
Principal + Interest−$7,231
Property Tax (~2.1% TX avg)−$2,319
Insurance (~0.5%)−$552
Est. Monthly Cash Flow $-3,742

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 17, 2026.

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