Active Listing  ·  26 days on market

15408 La Catania Way

Austin, TX 78738
$724,900
4 Bed 4 Bath 2,892 sqft $251/sqft Built 2018 0.20 acres 3-Car Garage Pool Terra Colinas

Welcome to 15408 La Catania Way, a beautifully designed single-story home in Terra Colinas, a sought-after community within Lake Travis ISD. Built by M/I Homes, this home offers approximately 2,900 square feet with four bedrooms, three-and-a-half bathrooms, a dedicated study, and an open-concept layout ideal for both everyday living and entertaining.

At the heart of the home, the gourmet kitchen features an oversized center island, Silestone countertops, shaker-style cabinetry, a custom tile backsplash, and upgraded hardware. The kitchen flows seamlessly into the spacious family room, where soaring 11-foot ceilings and a stone fireplace bring warmth and character to the space. Wood-look tile flooring extends throughout the main living areas, creating a cohesive and inviting feel.

The Brenham floor plan strikes a thoughtful balance between open gathering spaces and private retreats, with four bedrooms offering plenty of flexibility for family and guests and a dedicated study ideal for working from home.

Conveniently located near Bee Cave, Lakeway, the Hill Country Galleria, and Lake Travis, 15408 La Catania Way offers easy access to some of the best shopping, dining, recreation, and everyday conveniences in West Austin. With generous living spaces, elevated finishes, a desirable 78738 location, and access to Lake Travis ISD, this home offers an exceptional opportunity to enjoy the relaxed Hill Country lifestyle.

At $251/sqft, this home is 36% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

15408 La Catania Way, Austin, TX 78738

Property Details

Price $724,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,892 sqft
Lot Size 0.20 acres (8,768.63 sqft)
Year Built 2018
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Terra Colinas
County Travis
Zip Code 78738
$/sqft $251/sqft
Days on Market ,
HOA $192/Quarterly
Annual Tax Est. $17,275.69
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244864576
List Date August 28, 2026
Elementary School Bee Cave
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 · August 28, 2026 $749,900
Current ask $724,900
Reduced $25,000 (-3.3%) 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
5311 Avispa Way
Bee Caves West
$699,000 $271 3 bd / 2 ba 2,580 sqft , 2026-07-20
5025 Pyrenees Pass
Falconhead West Ph 1 Sec 2 &
$675,000 $218 4 bd / 3 ba 3,091 sqft , 2026-06-25
16213 Maritime Alps Way
Falconhead West Ph 1 Sec 2 &
$776,531 $261 4 bd / 4 ba 2,980 sqft , 2026-07-23
4928 Julian Alps None
Falconhead West Ph 1 Sec 2 &
$815,000 $240 4 bd / 4 ba 3,401 sqft , 2026-08-13
4917 Pyrenees Pass
Falconhead West Ph 1 Sec 2 &
$630,000 $256 4 bd / 3 ba 2,463 sqft , 2026-08-03

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
$3,480/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
$144,980
20% conventional investment loan

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

Estimated Gross Rent+$3,480
Principal + Interest−$3,956
Property Tax (~2.1% TX avg)−$1,269
Insurance (~0.5%)−$302
Est. Monthly Cash Flow $-2,047

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 · 30 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. This page was last updated on September 21, 2026.

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