Active Listing  ·  233 days on market

1400 Watercliffe Dr

Lago Vista, TX 78645
$2,550,000
4 Bed 4 Bath 4,007 sqft $636/sqft Built 2008 0.98 acres 3-Car Garage Pool Waterfront Waterford On Lake Travis Sec. 3

Wake up each morning to the shimmering expanse of Lake Travis stretching endlessly before you — sunlight dancing across the water, reflections of nature painting your living room in gold. This is not just a home. It’s a private escape, a sanctuary of calm, and a celebration of everything beautiful about lakeside living. Set on an exclusive, gated street and framed by soaring windows that fill every corner with natural light and inspirational views, this architectural gem blends modern refinement with Mediterranean warmth. Every view is an invitation — to pause, to breathe, to savor. From the grand open living spaces to the tranquil primary suite, most every room frames an awe-inspiring tableau of blue water and open skies. Outside, your personal paradise awaits. A completely revamped swimming pool and hot tub glisten under the Texas sun — the perfect backdrop for summer gatherings or quiet evening dips under the stars. Glide down to your private dock with your brand-new tram system, making lake access effortless and elegant. Whether you’re launching a boat for a sunset cruise, hosting friends for a long weekend, or simply finding stillness by the shore — every experience here feels elevated, effortless, unforgettable. Inside, recent updates bring modern texture and luxury finishes to the timeless Tuscan-inspired design. Soft stone, warm woods, and refined accents create an ambiance that’s both relaxed and sophisticated — a rare balance of comfort and elegance. It’s a home that lives beautifully, entertains effortlessly, and feels tailor-made for creating lasting memories.

At $636/sqft, this home is priced 147% above the Lago Vista active market average of $257/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1400 Watercliffe Dr, Lago Vista, TX 78645

Property Details

Price $2,550,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 4,007 sqft
Lot Size 0.98 acres (42,531.98 sqft)
Year Built 2008
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Waterford On Lake Travis Sec. 3
County Travis
Zip Code 78645
$/sqft $636/sqft
Days on Market ,
HOA $1,150/Annually
Annual Tax Est. $34,504.88
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT209792417
List Date February 2, 2026
Elementary School Lago Vista
Middle School Lago Vista
High School Lago Vista
School District ,

Luke Allen (TREC #788149) has deep knowledge of Lago Vista and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · February 2, 2026 $2,650,000
Current ask $2,550,000
Reduced $100,000 (-3.8%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Lago Vista

Comparable Listings Right Now

Homes currently for sale in Lago Vista 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
19204 Secretariat Pl
Reserve At Lake Travis
$2,500,000 $525 4 bd / 6 ba 4,764 sqft , 2025-01-09
1817 Knights Chance Ln
Reserve At Lake Travis
$2,650,000 $509 5 bd / 6 ba 5,208 sqft , 2026-06-18
19604 Flying J Blvd
Reserve At Lake Travis
$2,750,000 $538 4 bd / 5 ba 5,108 sqft , 2026-03-03
2208 Seabiscuit Cv #133
Reserve at Lake Travis
$2,250,000 $659 5 bd / 5 ba 3,413 sqft , 2026-03-27
2217 Seabiscuit Cv #127
Alura Pointe Condo
$1,850,000 $558 4 bd / 4 ba 3,316 sqft , 2025-01-28

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
$12,240/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
$510,000
20% conventional investment loan

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

Estimated Gross Rent+$12,240
Principal + Interest−$13,916
Property Tax (~2.1% TX avg)−$4,463
Insurance (~0.5%)−$1,063
Est. Monthly Cash Flow $-7,202

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 Lago Vista, TX

Lago Vista 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 4, 2026.

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