Active Listing  ·  5 days on market

1500 Lipan Trl

Austin, TX 78733
$2,199,000
5 Bed 5 Bath 4,261 sqft $516/sqft Built 2026 0.34 acres 2-Car Garage Pool New Construction Austin Lake Hills Sec 01

New construction by J. Angelo Design Build, 2024 Custom Home Builder of the Year, in the established Cuernavaca neighborhood near Lake Austin. 4,261 SF, 5 bed, 4.5 bath on a lot shaded by mature trees. Private primary suite with direct backyard access, soaking tub, and large walk-in closet. Kitchen features a Dacor panel-ready appliance package, hidden pantry, and quartzite counters. White oak cabinets and high, tray ceilings add character to several spaces. Main-level guest suite for visitors or multigenerational living. Upstairs offers a second living area with a wet bar plus a separate flex room that works as a media room, playroom, or second office. A main-level office rounds out the floor plan. Backyard built for entertaining: pool, direct access to a pool bath, and a covered patio plumbed and wired for a future outdoor kitchen. Cat-6 wiring throughout, pre-wired for surround sound in both living areas and on the back patio, and pre-wired for 3 camera locations. Enjoy Lake Austin living with deeded access to the lake park and a boat slip. Low 1.49% tax rate, with golf carts a popular way to reach Patrizi's, Civil Goat, the lake park, and friends' houses nearby. Voluntary HOA membership adds access to a community pool and a rentable clubhouse for events. Landscaping, back deck, and final punch work in progress, with completion expected the 2nd week of August. Home is staged and ready to show now, with additional photos to follow once landscaping and the back deck are complete.

At $516/sqft, this home is priced 32% 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

1500 Lipan Trl, Austin, TX 78733

Property Details

Price $2,199,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 4,261 sqft
Lot Size 0.34 acres (15,028.2 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Austin Lake Hills Sec 01
County Travis
Zip Code 78733
$/sqft $516/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,957.57
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT241738994
List Date July 30, 2026
Elementary School Barton Creek
Middle School West Ridge
High School Westlake
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
907 Karen Ave
Violet Crown Heights Sec 01
$2,199,000 $639 4 bd / 3 ba 3,441 sqft , 2026-04-16
4509 Finley Dr
Shoal Village Sec 02
$2,199,000 $701 4 bd / 3 ba 3,137 sqft , 2026-06-26
4504 Chiappero Trl
Shoal Village
$2,200,000 $749 4 bd / 4 ba 2,938 sqft , 2026-05-21
11813 Eagles Glen Dr
Steiner Ranch
$2,200,000 $401 5 bd / 5 ba 5,486 sqft , 2026-07-23
7324 Vista Mountain Dr
Vista Ridge Ph 04
$2,200,000 $420 4 bd / 5 ba 5,244 sqft , 2026-07-31

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
$10,555/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
$439,800
20% conventional investment loan

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

Estimated Gross Rent+$10,555
Principal + Interest−$12,001
Property Tax (~2.1% TX avg)−$3,848
Insurance (~0.5%)−$916
Est. Monthly Cash Flow $-6,210

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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