Active Listing  ·  82 days on market

14608 SPILLMAN RANCH Loop

Austin, TX 78738
$1,099,000
4 Bed 4 Bath 3,982 sqft $276/sqft Built 2004 0.26 acres 3-Car Garage Pool Spillman Ranch Ph 01 Sec 03

Commanding some of the most BREATHTAKING golf course and Hill Country VIEWS in Falconhead! This original-owner home is tucked in a QUIET section of a CUL-DE-SAC, offering a tile roof, updated steel front door, and elevated presence that further enhances the curb appeal. Upon entry, you are welcomed by the home’s airy and inviting feel! Elegant formal living and dining spaces create a warm first impression, while a wall of windows draws your eye into the oversized family room anchored by a gas fireplace and STUNNING golf course views. The kitchen, breakfast room, and expansive family room all flow together to create an open and cheerful heart of the home filled with natural light and beautiful scenery! The flexible floorplan provides flexibility for a variety of lifestyles, including working from home in the main level office. The spacious primary suite serves as a RETREAT with elegant tray ceilings, plantation shutters, and sweeping views to wake up to each morning. The primary bath has dual vanities, jacuzzi bathtub, walk-in shower, and an oversized closet. Upstairs offers 3 bedrooms and 2 full baths, with 2 bedrooms enjoying direct en-suite bath access, along with a spacious game or billiards room and a separate media room wired for sound. The design of the home allows everyone room to spread out while still offering spaces to gather and connect. Plantation shutters add sophistication, while the oversized three-car garage and beautiful landscaping enhance the property’s appeal. Outdoors, peaceful breezes and open VIEWS create a truly special setting with room for a pool PLUS a mature FIG TREE! LOW PRICE/SF offers a RARE opportunity for future personalization and continued equity. LOW TAX RATE, exemplary LTISD, and unmatched convenience. Miles of greenbelt trails, nearby golf, quick access to the Hill Country Galleria, restaurants, and an easy drive to downtown make this an exceptional opportunity to enjoy the very best of the Lake Travis lifestyle!

At $276/sqft, this home is 29% 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

14608 SPILLMAN RANCH Loop, Austin, TX 78738

Property Details

Price $1,099,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,982 sqft
Lot Size 0.26 acres (11,447.57 sqft)
Year Built 2004
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Spillman Ranch Ph 01 Sec 03
County Travis
Zip Code 78738
$/sqft $276/sqft
Days on Market ,
HOA $138/Quarterly
Annual Tax Est. $15,033.57
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230085329
List Date May 14, 2026
Elementary School Lake Pointe
Middle School Bee Cave Middle School
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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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 · May 14, 2026 $1,145,000
Previous ask $1,139,000
Current ask $1,099,000
Reduced $46,000 (-4.0%) 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 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
3018 Sunridge Dr #8
Sundridge Park Sec One
$1,099,000 $420 3 bd / 3 ba 2,614 sqft , 2026-04-09
2707 Salek Vw
Sunridge Condos
$1,099,000 $341 4 bd / 4 ba 3,220 sqft , 2026-01-10
4105 Far West Blvd
Northwest Hills Mesa Oaks Ph
$1,099,000 $393 3 bd / 3 ba 2,795 sqft , 2026-03-25
5203 Cueva Dr
Bee Caves West
$1,099,000 $373 5 bd / 4 ba 2,944 sqft , 2026-06-12
12804 Wooded Lake Ct
Steiner Ranch
$1,099,000 $312 5 bd / 4 ba 3,527 sqft , 2026-06-18

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
$5,275/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
$219,800
20% conventional investment loan

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

Estimated Gross Rent+$5,275
Principal + Interest−$5,998
Property Tax (~2.1% TX avg)−$1,923
Insurance (~0.5%)−$458
Est. Monthly Cash Flow $-3,104

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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