Active Listing  ·  95 days on market

16118 Clara Van St

Austin, TX 78734
$2,949,000
5 Bed 6 Bath 5,680 sqft $519/sqft Built 2024 0.94 acres 3-Car Garage Pool San Casciano

Experience a home where thoughtful design and refined luxury come together effortlessly. This exceptional 5-bedroom, 5.5-bath residence sits on an expansive lot backing to a serene greenbelt and natural spring, offering both privacy and a picturesque setting—all within walking distance to Hurst Harbor.

Inside, expansive pocket sliding doors in the primary suite and main living areas create a seamless indoor-outdoor connection, opening to a stunning resort-style pool and outdoor living space. The kitchen is a true showpiece, outfitted with a 48” Wolf double range with 8 burners, a statement custom vent hood, paneled Sub-Zero refrigerator, and a built-in Wolf coffee system. A waterfall island finished in Calacatta Gold Silestone anchors the space, complemented by warm brass accents and sleek, designer fixtures.

Wine enthusiasts will appreciate the climate-controlled wine room with storage for up to 98 bottles, along with dual stainless steel coolers to keep selections perfectly chilled. A private main-level guest suite with its own entrance and full kitchen provides ideal accommodations for extended stays or multigenerational living, with direct access to the pool and outdoor areas.

Upstairs, the home continues to impress with a dedicated theater room and spacious game area designed for entertaining. Throughout the home, a Sonos sound system offers effortless control of your environment, whether hosting or unwinding.

The exterior showcases a sophisticated blend of cedar detailing, white limestone, and a striking black metal roof. Outdoor living is elevated with a built-in grill, smoker, and prep area—perfect for year-round enjoyment. Anderson windows and smart climate control systems add both efficiency and modern convenience.

Meticulously crafted with high-end finishes and attention to detail throughout, this residence offers a distinctive living experience in one of Lakeway’s most desirable settings.

At $519/sqft, this home is priced 33% 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

16118 Clara Van St, Austin, TX 78734

Property Details

Price $2,949,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 5,680 sqft
Lot Size 0.94 acres (41,155.49 sqft)
Year Built 2024
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision San Casciano
County Travis
Zip Code 78734
$/sqft $519/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $31,000
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228273615
List Date May 1, 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.

Schedule a Call →

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
106 Bella Montagna Cir
Bella Montagna, Round Mountain Estates 02
$2,950,000 $485 5 bd / 7 ba 6,084 sqft , 2026-03-13
10500 Milky Way
Preserve At River Place Sec 02
$2,950,000 $471 5 bd / 6 ba 6,261 sqft , 2026-05-15
2501 Stratford Dr
Bluffington Sec 01
$2,950,000 $653 4 bd / 4 ba 4,521 sqft , 2026-06-18
6316 Caudill Ln
Creeks Edge
$2,985,000 $694 5 bd / 5 ba 4,301 sqft , 2026-04-07
10202 Epsilon Way
River Place, Milky Way at River Place
$2,994,990 $652 5 bd / 7 ba 4,595 sqft , 2026-02-11

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
$14,155/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
$589,800
20% conventional investment loan

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

Estimated Gross Rent+$14,155
Principal + Interest−$16,094
Property Tax (~2.1% TX avg)−$5,161
Insurance (~0.5%)−$1,229
Est. Monthly Cash Flow $-8,329

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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