Active Listing  ·  94 days on market

16002 Canard Cir

Austin, TX 78734
$1,599,000
4 Bed 4 Bath 4,474 sqft $357/sqft Built 1998 0.99 acres 3-Car Garage Pool Vineyard Bay Ph 01

Welcome to Vineyard Bay, a premier subdivision located behind security gates with marina and boat launch on the south shore of Lake Travis. Enter the house through the gated, walled courtyard into almost an acre of flowers, vegetation, and an updated "treehouse" with fabulous, large exterior upper and lower level decks overlooking the canyon below. Completely remodeled kitchen, all new (October 2025) appliances and wood flooring. Primary bedroom + secondary bedroom or office on the first level. Enjoy the stars from the hot tub in total privacy on the deck, oversized pantry, 3-car side entry garage, two fireplaces, and full deck across entire rear of home. The community offers 2 clubhouses, tennis courts, pickle ball courts, a heliport, conference room, exercise room, + cabana overlooking Lake Travis with a beautiful (seldom used) swimming pool hot, tub, grills and a full kitchen, and a hiking trail through the subdivision. Manicured lawns and well-maintained. Only 62 homes make up this wonderful community and with the acclaimed Lake Travis schools, this home and area are among the most desired destinations in the area. See in "Documents" a rendering and specifications for a potential pool on the deck.

At $357/sqft, this home is 9% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

16002 Canard Cir, Austin, TX 78734

Property Details

Price $1,599,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 4,474 sqft
Lot Size 0.99 acres (43,202.81 sqft)
Year Built 1998
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Vineyard Bay Ph 01
County Travis
Zip Code 78734
$/sqft $357/sqft
Days on Market ,
HOA $3,300/Annually
Annual Tax Est. $19,576.67
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236387222
List Date June 21, 2026
Elementary School Lakeway
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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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 · June 21, 2026 $1,750,000
Previous ask $1,699,000
Current ask $1,599,000
Reduced $151,000 (-8.6%) 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
16323 Lake Loop
Buffalo Gap
$1,695,000 $395 5 bd / 6 ba 4,293 sqft , 2026-07-24
101 Arroyo Claro None
Arbolago
$1,499,950 $336 4 bd / 4 ba 4,468 sqft , 2026-02-16
15903 Soleil Ct
Vineyard Bay Ph 01
$1,895,000 $325 4 bd / 5 ba 5,829 sqft , 2026-04-30
16308 Lake Loop
Buffalo Gap
$1,115,000 $341 4 bd / 4 ba 3,274 sqft , 2026-07-01

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
$7,675/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
$319,800
20% conventional investment loan

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

Estimated Gross Rent+$7,675
Principal + Interest−$8,726
Property Tax (~2.1% TX avg)−$2,798
Insurance (~0.5%)−$666
Est. Monthly Cash Flow $-4,515

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 September 20, 2026.

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