Active Listing  ·  77 days on market

15633 INTERLACHEN Dr

Austin, TX 78717
$599,990
3 Bed 3 Bath 2,716 sqft $221/sqft Built 2008 0.13 acres 2-Car Garage Pool Avery Ranch PUD Garden Homes

Experience timeless elegance in this magnificent Mediterranean-inspired Avery Ranch Garden Home — a former model home showcasing exceptional craftsmanship, luxurious upgrades, and unforgettable architectural charm. Perfectly situated on a spacious corner lot, this stunning residence combines sophistication, warmth, and functionality in every detail.

From the moment you enter, you’ll be captivated by the soaring ceilings, graceful arched art niches, and expansive walls of windows that bathe the home in natural light, creating a bright and airy ambiance throughout. Fresh interior paint enhances the home’s crisp, move-in-ready appeal.

Designed for both comfort and entertaining, the home is loaded with premium upgrades, including granite countertops in the kitchen and baths, elegant cast-iron railings, surround sound throughout the entire home, and extensive custom built-ins in the oversized downstairs office/library/flex space — ideal for a home office, media room, or additional living area tailored to your lifestyle.

A truly standout feature of this stately home is the expansive front balcony stretching across the front facade, accessible from both the luxurious primary retreat and the upstairs living room. The serene primary suite offers a spa-like atmosphere with two enormous walk-in closets and plenty of space to unwind in comfort. End your evenings relaxing on the upstairs balcony while enjoying breathtaking sunset views and the peaceful charm of Avery Ranch living.

At $221/sqft, this home is 43% 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

15633 INTERLACHEN Dr, Austin, TX 78717

Property Details

Price $599,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,716 sqft
Lot Size 0.13 acres (5,575.68 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Avery Ranch PUD Garden Homes
County Williamson
Zip Code 78717
$/sqft $221/sqft
Days on Market ,
HOA $100/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230640577
List Date May 19, 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.

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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 · May 19, 2026 $689,000
Previous ask $638,990
Current ask $599,990
Reduced $89,010 (-12.9%) 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
4504 Langtry Ln
Westcreek Sec 10 Ph C
$599,990 $286 4 bd / 3 ba 2,097 sqft , 2026-06-12
1404 Lance Way
Gracywoods Sec 04
$599,999 $263 3 bd / 3 ba 2,279 sqft , 2025-12-04
411 W St Elmo Rd #24
Brookside Villas Condo Amd
$599,999 $336 3 bd / 3 ba 1,785 sqft , 2026-03-29
155 Rock Vista Run
Bush Ranch Ph 1 Rev
$599,999 $171 4 bd / 5 ba 3,504 sqft , 2026-04-20
314 Virtus Bnd
Verrado Condominiums
$599,999 $315 4 bd / 3 ba 1,903 sqft , 2026-06-18

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
$2,880/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
$119,998
20% conventional investment loan

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

Estimated Gross Rent+$2,880
Principal + Interest−$3,274
Property Tax (~2.1% TX avg)−$1,050
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,694

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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