Active Listing  ·  9 days on market

16 Swiftwater Trl

The Hills, TX 78738
$769,000
3 Bed 3 Bath 2,824 sqft $272/sqft Built 2002 0.16 acres 2-Car Garage Pool Hills Lakeway Ph 06

Enjoy the sought-after lifestyle of The Hills in this beautifully maintained 3-bedroom, 2.5-bath home offering 2,824 square feet of thoughtfully designed living space. Built in 2002, this well-planned home features generous living areas, comfortable bedrooms, and plenty of space for both everyday living and entertaining.

Located within the prestigious gated community of The Hills, this property offers an exceptional combination of privacy, convenience, and low-maintenance living. The home backs to a peaceful green space, creating a private and serene setting with no immediate rear neighbors. The newly remodeled primary bathroom provides a fresh, modern retreat, while the kitchen is equipped with an induction cooktop for effortless cooking and entertaining.

Upstairs, the spacious game room offers a versatile flex space that can easily adapt to your needs—perfect for a media room, home office, playroom, or additional entertaining area.

The outdoor living space is designed for relaxing and entertaining, featuring an outdoor kitchen and hot tub surrounded by a low-maintenance yard. The private green-space backdrop provides a beautiful extension of the living area and a peaceful place to enjoy the outdoors.

With its inviting floor plan, desirable updates, generous square footage, private green-space setting, and exceptional outdoor amenities, this home is a wonderful opportunity to enjoy the best of The Hills lifestyle.

*Social Membership to The Hills Country Club is required*

At $272/sqft, this home is 15% below the The Hills active market average of $321/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

16 Swiftwater Trl, The Hills, TX 78738

Property Details

Price $769,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,824 sqft
Lot Size 0.16 acres (6,952.18 sqft)
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hills Lakeway Ph 06
County Travis
Zip Code 78738
$/sqft $272/sqft
Days on Market ,
HOA $775/Semi-Annually
Annual Tax Est. $14,203.17
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246735288
List Date September 14, 2026
Elementary School Lakeway
Middle School Lake Travis
High School Lake Travis
School District ,

Luke Allen (TREC #788149) has deep knowledge of The Hills and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in The Hills

Comparable Listings Right Now

Homes currently for sale in The Hills 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
404 Amiata Ave #34
Villas At Tuscan Village Amd
$749,000 $299 3 bd / 3 ba 2,506 sqft , 2026-01-16
116 Blue Clearing Way
Rough Hollow Sec 3 Condo
$789,000 $258 4 bd / 4 ba 3,057 sqft , 2026-08-01
50 Stillmeadow Dr
Hills Of Lakeway Ph 02 Rep
$798,000 $270 3 bd / 3 ba 2,955 sqft , 2026-06-19
18 Glenway Dr
Hills Lakeway Ph 04
$819,900 $255 3 bd / 4 ba 3,216 sqft , 2026-06-17
205 Amiata Ave #96
Villas At Tuscan Village Amd
$699,000 $276 3 bd / 3 ba 2,530 sqft , 2026-04-01

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
$3,691/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
$153,800
20% conventional investment loan

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

Estimated Gross Rent+$3,691
Principal + Interest−$4,197
Property Tax (~2.1% TX avg)−$1,346
Insurance (~0.5%)−$320
Est. Monthly Cash Flow $-2,172

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 The Hills, TX

The Hills 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

More Luxury Homes in The Hills

Loading…
View All Luxury Homes →
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 20, 2026.

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