Active Listing  ·  40 days on market

15103 Sun Bird Ln

Austin, TX 78734
$565,000
4 Bed 3 Bath 2,090 sqft $270/sqft Built 1997 0.28 acres 1-Car Garage Pool Cardinal Hills Unit 02

Stunningly updated main home (±1,850 sq ft) plus detached guest house (264 sq ft) on a spacious quarter-acre lot just outside downtown Lakeway. Ideally located near Hwy 620, The Galleria, Four Points, Lake Travis, and Austin.Crepe myrtles frame the front yard and side of the home, complemented by extra parking on black-star gravel, a striking limestone mailbox, limestone-paver patio, and mature oak trees. An updated ThermaTru door and windows open onto a welcoming front patio finished with black-star gravel and rainbow river rock.Inside, 10-ft ceilings, a wagon-wheel chandelier, herringbone-tile fireplace with one-of-a-kind mantle, and formal dining set an elegant tone. The open-concept kitchen shines with quartz counters, diamond cabinets, a large sink with Moen faucet, Bosch dishwasher, GE appliances, white subway tile, recessed and above-cabinet lighting, pull-out pantry, and soft-close drawers. Updated bathrooms feature quartz counters, Moen faucets, and new toilets. Freshly painted bedrooms offer huge windows overlooking the massive oaks, while the laundry boasts a butcher-block counter.A half-converted garage provides flexible space ideal for a home office, media room, or homeschool area. The remaining single garage includes epoxy floors, a workbench with vise, shelving, and a new hot-water heater.The detached guest house/office—freshly painted with an updated vanity and lighting—offers strong income potential. Located outside Lakeway city limits in the Travis ETJ (no STR permits required), this property is perfect for Airbnb and has proven success near popular wedding venues.Entertain on the massive 40×16 TimberTech deck, enjoy the shaded backyard, sharply stained fence, and lower stone patio. Newer roofs, new carpet, new deck and fence stain, and fresh bedroom paint complete this turnkey beauty that blends luxury updates, everyday functionality, and versatile income opportunities.Main house ±1,850 sq ft + guest house 264 sq ft. 15103 Sun Bird Lane Austin, TX

At $270/sqft, this home is 31% 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

15103 Sun Bird Ln, Austin, TX 78734

Property Details

Price $565,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,090 sqft
Lot Size 0.28 acres (12,000.78 sqft)
Year Built 1997
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cardinal Hills Unit 02
County Travis
Zip Code 78734
$/sqft $270/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,376.08
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237550477
List Date June 25, 2026
Elementary School Lake Travis
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 · June 25, 2026 $575,000
Current ask $565,000
Reduced $10,000 (-1.7%) 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
4209 Red Cloud Dr
MESA PARK PHS 3
$565,000 $344 3 bd / 2 ba 1,643 sqft , 2026-04-11
2605 Market Garden Ln
Cherry Creek Ph 07 Sec 06
$565,000 $333 3 bd / 2 ba 1,698 sqft , 2026-04-27
14215 Alloro Dr
Parmer Crossing Condo
$565,000 $231 3 bd / 3 ba 2,443 sqft , 2026-05-11
4603 Bucks Run None
INDIAN HILLS
$565,000 $352 3 bd / 2 ba 1,603 sqft , 2026-03-26
6101 Sun Vista Dr
Westcreek Sec 02
$565,000 $349 3 bd / 2 ba 1,620 sqft , 2026-06-04

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
$2,712/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
$113,000
20% conventional investment loan

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

Estimated Gross Rent+$2,712
Principal + Interest−$3,083
Property Tax (~2.1% TX avg)−$989
Insurance (~0.5%)−$235
Est. Monthly Cash Flow $-1,595

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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