Active Listing  ·  151 days on market

15421 McCormick Vista Dr

Austin, TX 78734
$1,890,000
5 Bed 5 Bath 5,841 sqft $324/sqft Built 2022 1.23 acres 3-Car Garage Pool McCormick Mountain Sub Ph 2

This custom-built Hill Country home set on a quiet gated street near Lake Travis offers generous living spaces and elevated indoor–outdoor living on a private 1+ acre lot. The open-concept main level features a chef’s kitchen connected to the living and dining areas, the primary suite plus two additional bedrooms with a jack-and-jill bath, and a mudroom/laundry room. Off the open living area, expansive sliding doors open to the covered upper patio with treetop views. The spacious primary suite offers a peaceful retreat with a custom walk-in closet and a bathroom with dual vanities, a soaking tub, and walk-in shower. The lower level offers exceptional versatility with a large family room, game area, dedicated fitness space, and two additional bedrooms and bathrooms, while unfinished areas allow opportunities for future expansion. The floor plan offers plenty of separate work from home spaces. Outdoor living is equally impressive. The lower level opens to a spacious deck and resort-style sport pool and spa completed in 2024, featuring a shallow sun deck and an 8’ x 8’ spa. Two expansive sun sails create shaded lounging areas, while the yard beyond the pool allows room for play, pets, or outdoor gatherings. The oversized garage offers plenty of space for vehicles, storage, and projects, with electrical capacity for a workshop and EV charging. Major systems include a standing seam metal roof, two propane water heaters, and two Trane HVAC systems, all three years old. Located minutes from Lake Travis, the Hill Country Galleria, and popular dining and entertainment, with convenient access to Highway 71, Ranch Road 620, and top-rated Lake Travis ISD schools.

At $324/sqft, this home is 17% 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

15421 McCormick Vista Dr, Austin, TX 78734

Property Details

Price $1,890,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 5,841 sqft
Lot Size 1.23 acres (53,417.63 sqft)
Year Built 2022
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision McCormick Mountain Sub Ph 2
County Travis
Zip Code 78734
$/sqft $324/sqft
Days on Market ,
HOA $150/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221038058
List Date March 6, 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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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
15903 Soleil Ct
Vineyard Bay Ph 01
$1,895,000 $325 4 bd / 5 ba 5,829 sqft , 2026-04-30
515 E 49th St
Grubb
$1,895,000 $418 5 bd / 4 ba 4,538 sqft , 2026-05-21
9310 Summer Sky Dr
Hill Country Ph 02-A
$1,899,000 $474 5 bd / 5 ba 4,003 sqft , 2026-06-17
1005 Lakewood Hills Ter
Steiner Ranch Ph 01 Sec 7B
$1,899,999 $346 6 bd / 6 ba 5,485 sqft , 2026-05-26
614 W 32nd St
Gypsy Grove Sec B
$1,900,000 $445 6 bd / 5 ba 4,274 sqft , 2026-06-10

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
$9,072/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
$378,000
20% conventional investment loan

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

Estimated Gross Rent+$9,072
Principal + Interest−$10,315
Property Tax (~2.1% TX avg)−$3,308
Insurance (~0.5%)−$788
Est. Monthly Cash Flow $-5,339

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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