Active Listing  ·  107 days on market

15616 Prestancia Dr

Austin, TX 78717
$720,000
4 Bed 3 Bath 3,162 sqft $228/sqft Built 2006 0.17 acres 3-Car Garage Pool Avery Brookside Ph 02

Newly Priced at $720,000 | Turn-Key Avery Ranch Gem with Brand-New Roof

15616 Prestancia Drive offers a rare blend of move-in-ready peace of mind and an unrivaled lifestyle in the heart of Avery Ranch. Zoned for the highly acclaimed Leander ISD, this residence features a bright, open-concept floor plan designed for versatile living. The layout includes multiple dining areas and spacious bedrooms that offer flexibility for a home office or hosting guests. The primary suite serves as a serene retreat, while the rare 3-car tandem garage provides exceptional space for a workshop, home gym, or extra storage.

Large windows frame a private backyard sanctuary where mature trees provide a shaded canopy, creating the perfect setting for quiet relaxation or outdoor entertaining. Buyers can move in with absolute confidence knowing the home's major systems have been completely updated: a brand-new roof has just been installed, and both AC units were replaced in 2025.

Residents of this premier community enjoy resort-style amenities, including five pools, tennis and pickleball courts, and miles of scenic hike-and-bike trails, all just minutes from the renowned Avery Ranch Golf Course. The location offers unmatched convenience, providing effortless access to the Lakeline MetroRail and the North Austin tech corridor, placing you within easy reach of major employers like Apple, Dell, Nvidia, Visa, and Amazon. Daily errands are a breeze with proximity to H-E-B Plus, H-Mart, Costco, and Lakeline Mall, while elite healthcare options—including Dell Children’s, Texas Children’s, and St. David’s—are just a short drive away.

This home truly combines the best of comfort, location, and long-term value.

At $228/sqft, this home is 42% 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

15616 Prestancia Dr, Austin, TX 78717

Property Details

Price $720,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 3,162 sqft
Lot Size 0.17 acres (7,492.32 sqft)
Year Built 2006
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Avery Brookside Ph 02
County Williamson
Zip Code 78717
$/sqft $228/sqft
Days on Market ,
HOA $196/Quarterly
Annual Tax Est. $13,789.7
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228094664
List Date April 30, 2026
Elementary School Rutledge
Middle School Artie L Henry
High School Vista Ridge
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.

Schedule a Call →

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 · April 30, 2026 $745,000
Current ask $720,000
Reduced $25,000 (-3.4%) 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
810 Clearwell St
Three Points
$712,000 $231 4 bd / 4 ba 3,080 sqft , 2026-04-22
15616 Belfin Dr
Avery South Sec 02 Ph 02
$730,000 $218 4 bd / 4 ba 3,353 sqft , 2026-08-13
15701 Jeffs Ln
Pearson Place Add Sec 2
$735,000 $261 5 bd / 4 ba 2,814 sqft , 2026-03-10
9808 Ivalenes Hope Dr
Pearson Place Sec 2
$738,500 $273 4 bd / 4 ba 2,704 sqft , 2026-03-14
15232 Fernhill Dr
Avery South Sec 02 Ph 03
$695,000 $273 4 bd / 3 ba 2,547 sqft , 2026-07-21

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
$3,456/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
$144,000
20% conventional investment loan

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

Estimated Gross Rent+$3,456
Principal + Interest−$3,929
Property Tax (~2.1% TX avg)−$1,260
Insurance (~0.5%)−$300
Est. Monthly Cash Flow $-2,033

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 August 12, 2026.

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