Active Listing  ·  43 days on market

15200 Lariat Trl

Austin, TX 78734
$665,000
3 Bed 2 Bath 2,145 sqft $310/sqft Built 2005 0.24 acres 2-Car Garage Pool Cardinal Hills Estates Unit 15

Once the builder's model home, and it shows. Step through a private gated entry into a courtyard centered on a two-tier fountain, then into a soaring two-story rounded foyer that sets the tone for the whole house. Inside, high ceilings and an open floor plan are accented by solid wood arched interior doors. Plantation shutters and granite countertops add to the quality throughout. The primary suite sits at the back of the home for real privacy, entered through double doors. The walk-in closet is enormous, with built-in drawers and shelves. The primary bath is a retreat of its own, with a sauna/shower, garden tub and heated towel bar rack. Because of the split, in-law style layout, the two guest bedrooms are set apart from the primary. Double atrium doors span the back of the living room and open onto a large covered patio overlooking the private backyard, ready for morning coffee or evening entertaining.

At $310/sqft, this home is 21% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

15200 Lariat Trl, Austin, TX 78734

Property Details

Price $665,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,145 sqft
Lot Size 0.24 acres (10,410.84 sqft)
Year Built 2005
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cardinal Hills Estates Unit 15
County Travis
Zip Code 78734
$/sqft $310/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,694.75
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248305231
List Date September 30, 2026
Elementary School Lake Travis
Middle School Hudson Bend
High School Lake Travis
School District Lake Travis ISD

Lake Travis ISD

Lake Travis · Hudson Bend · Lake Travis

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
2913 Chisholm Trl
Apache Shores 01 Instl
$700,000 $313 3 bd / 3 ba 2,236 sqft , 2026-04-09
3113 Chisholm Trl
Apache Shores 01 Instl
$575,000 $279 3 bd / 3 ba 2,061 sqft , 2026-07-23
2302 Quanah Parker Trl
Apache Shores Sec 03 Amd
$569,000 $289 4 bd / 3 ba 1,970 sqft , 2026-09-10
2906 Katter Ct
Cardinal Hills Estates
$565,000 $270 3 bd / 2 ba 2,090 sqft , 2026-10-08
14602 General Williamson Dr
Apache Shores 01 Instl
$550,000 $313 4 bd / 3 ba 1,758 sqft , 2026-07-30

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
$3,192/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
$133,000
20% conventional investment loan

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

Estimated Gross Rent+$3,192
Principal + Interest−$3,629
Property Tax (assumed ~2.1%)−$1,164
Insurance (assumed ~0.5%)−$277
Est. Monthly Cash Flow $-1,878

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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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 · 41 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. The written content was last updated on November 11, 2026.

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

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