Active Listing  ·  130 days on market

15086 Barrie Dr

Austin, TX 78734
$1,299,000
4 Bed 4 Bath 3,528 sqft $368/sqft Built 2007 1.31 acres 3-Car Garage Pool Cardinal Hills Unit 5 Amd

Back on market — buyer did not move forward with closing due to personal reasons unrelated to the property.

The recent price adjustment is due to a corrected square footage measurement. TCAD had the home’s square footage listed incorrectly for many years, and a professional appraiser recently measured the property at approximately 3,528 square feet. The new list price reflects this updated and accurate square footage. Rare opportunity in the heart of Lakeway—an exceptional flat 1.31-acre homesite, originally comprised of two lots, offering a separate ~0.7-acre portion ideal for a future residence or a private sports court. This quality-built, estate-style single-story home spans over 3500 square feet and features 4 bedrooms, soaring ceilings, expansive living spaces, and seamless indoor-outdoor flow. The chef’s kitchen opens to the main living area, while the spacious primary suite offers a true retreat with a spa-like bath and private patio access. A dedicated study provides the perfect work-from-home space, and a well-appointed dining area enhances everyday living.

A charming courtyard entry enhances the home’s character, while the detached three-car garage is connected by a breezeway, offering both privacy and convenience. An ensuite guest quarters with private access to the pool and outdoor living area provides ideal accommodations for guests or multi-generational living.

The property backs to a greenbelt, offering exceptional privacy, and is located on a quiet street with little traffic. Outdoor living is exceptional, featuring a resort-style pool and spa, multiple covered patios, and a separate pavilion with a fire pit—perfect for entertaining. The low-maintenance grounds offer both beauty and ease, all just minutes from Lakeway amenities, golf, and Lake Travis.

At $368/sqft, this home is 6% 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

15086 Barrie Dr, Austin, TX 78734

Property Details

Price $1,299,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,528 sqft
Lot Size 1.31 acres (57,176.86 sqft)
Year Built 2007
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cardinal Hills Unit 5 Amd
County Travis
Zip Code 78734
$/sqft $368/sqft
Days on Market ,
HOA $260/Annually
Annual Tax Est. $28,140
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220316592
List Date March 27, 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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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 · March 27, 2026 $1,549,000
Previous ask $1,325,000
Current ask $1,299,000
Reduced $250,000 (-16.1%) 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
12308 Carlsbad Dr
Lake Pointe
$1,299,000 $342 5 bd / 5 ba 3,795 sqft , 2026-05-15
1508 Holly None #1
Welch
$1,299,000 $517 5 bd / 3 ba 2,512 sqft , 2026-05-18
7809 Old Bee Caves Rd #20
Cayena Creekside
$1,299,000 $449 4 bd / 4 ba 2,890 sqft , 2026-05-21
3508 Lyons Rd
Siegmund Add Sec 03
$1,299,000 $558 4 bd / 4 ba 2,330 sqft , 2026-07-17
244 Bird Bath Bnd
Parten
$1,299,900 $305 5 bd / 5 ba 4,263 sqft , 2026-08-02

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
$6,235/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
$259,800
20% conventional investment loan

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

Estimated Gross Rent+$6,235
Principal + Interest−$7,089
Property Tax (~2.1% TX avg)−$2,273
Insurance (~0.5%)−$541
Est. Monthly Cash Flow $-3,668

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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