About This Home

Vineyard Bay is one of Lake Travis's best-kept secrets — gated, trail-lined, and built around the water. This 5-bed, 5.5-bath home on 1.4 acres delivers the lake lifestyle in full: sweeping Travis views from the pool, hot tub, and outdoor entertainment space, with a boat slip and community trails steps away. Downtown Austin is 35 minutes out, the Domain about 25, the Galleria at Bee Cave less than 15, and the airport under 45 — close enough to everything, far enough to feel like you've escaped. Lake living at this level rarely comes available twice.

At $550/sqft, this home is priced 41% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

16005 Chateau Ave, Austin, TX 78734

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Property Details

Price $3,295,000

Status Active Listing

Beds 5

Full Baths 5

Half Baths 1

Living Area 5,988 sqft

Lot Size 1.41 acres (61,332.48 sqft)

Year Built 2007

Garage 4 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Vineyard Bay Ph 01

County Travis

Zip Code 78734

$/sqft $550/sqft

Days on Market ,

HOA $3,300/Annually

Annual Tax Est. $38,453

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT229369955

List Date May 8, 2026

Elementary School Lake Travis

Middle School Hudson Bend

High School Lake Travis

School District ,

Have Questions About This Property?

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

11029 Arroyo Canyon Dr
Madrones $3,295,000 $640 4 bd / 5 ba 5,150 sqft , 2026-03-18

703 E Live Oak St
Travis Heights $3,295,000 $812 5 bd / 7 ba 4,060 sqft , 2026-03-13

7609 Sandia Loop
Foothills Barton Creek $3,290,000 $558 5 bd / 5 ba 5,891 sqft , 2026-04-23

831 Polo Club Dr
The Polo Club At Rooster Spgs Ph 4 $3,300,000 $633 4 bd / 5 ba 5,212 sqft , 2026-04-27

609 Vendemmia Bnd
Lakeway Highlands Ph 1 Sec 8A $3,300,000 $422 5 bd / 6 ba 7,820 sqft , 2026-07-10

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

$15,816/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

$659,000

20% conventional investment loan

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

Estimated Gross Rent+$15,816

Principal + Interest−$17,982

Property Tax (~2.1% TX avg)−$5,766

Insurance (~0.5%)−$1,373

Est. Monthly Cash Flow $-9,305

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

16005 Chateau Ave

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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