Active Listing  ·  41 days on market

155 Sand Hills Ln

Austin, TX 78737
$699,990
4 Bed 3 Bath 2,950 sqft $237/sqft Built 2013 0.27 acres 3-Car Garage Pool Belterra

Located in the sought-after Belterra community, this single-story home offers approximately 2,950 square feet with 4 bedrooms, 3 full bathrooms, a dedicated study, and a 3-car garage. The open-concept floor plan features wood flooring, high ceilings, crown molding, and a spacious living area with a gas log fireplace.

The kitchen is designed for both everyday living and entertaining, featuring a large center island, gas cooktop, built-in appliances, walk-in pantry, and abundant storage and workspace. The primary suite is spacious with large windows to the backyard and includes dual vanities, a garden tub, separate shower, and a walk-in closet. Three additional bedrooms and two full baths provide flexibility for a variety of living arrangements.

Recent updates include a new roof (November 2023), new water heater (2026), whole-house surge protection, a 50-amp/220-volt outlet in the garage, and generator-ready connections on the north side of the home. Situated on an oversized lot with mature trees, the beautifully landscaped backyard faces east for morning sun and evening shade! This home offers a large covered patio and the cedar fencing has been replaced.

Residents enjoy access to Belterra amenities including a 2 pools and a splash pad, fitness center, clubhouse, playground, and over 10 miles of hike-and-bike trails. Conveniently located within Dripping Springs ISD and approximately 3-4 miles from the new middle school and high school campus on Darden Hill Road, with easy access to shopping, dining, and major commuter routes.

At $237/sqft, this home is 39% 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

155 Sand Hills Ln, Austin, TX 78737

Property Details

Price $699,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,950 sqft
Lot Size 0.27 acres (11,552.11 sqft)
Year Built 2013
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Belterra
County Hays
Zip Code 78737
$/sqft $237/sqft
Days on Market ,
HOA $144/Quarterly
Annual Tax Est. $16,412.99
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237271331
List Date June 24, 2026
Elementary School Rooster Springs
Middle School Sycamore Springs
High School Dripping Springs
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
2913 Chisholm Trl
Apache Shores 01 Instl
$700,000 $313 3 bd / 3 ba 2,236 sqft , 2026-04-09
7609 Paruline Dr
Provence
$700,000 $204 4 bd / 4 ba 3,428 sqft , 2026-04-09
17101 Feather Rock Trl
Brill Arno 02 Amd
$700,000 $236 3 bd / 3 ba 2,964 sqft , 2026-05-08
15705 Wildwood Trl
Lakeland Hills Sec 02
$700,000 $230 4 bd / 4 ba 3,046 sqft , 2026-06-11
2 Jasperwood Ct
The Hills Lakeway Ph 03
$700,000 $315 3 bd / 2 ba 2,221 sqft , 2026-07-20

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
$3,360/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
$139,998
20% conventional investment loan

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

Estimated Gross Rent+$3,360
Principal + Interest−$3,820
Property Tax (~2.1% TX avg)−$1,225
Insurance (~0.5%)−$292
Est. Monthly Cash Flow $-1,977

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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