Active Listing  ·  342 days on market

16312 Lake Loop

Austin, TX 78734
$889,000
3 Bed 3 Bath 2,650 sqft $335/sqft Built 1999 0.49 acres 3-Car Garage Pool Buffalo Gap

So many choices - investment, primary or lake home found in this perfect lakeside retreat in this charming 3/2/2.5 bathroom home that brings waterfront living within reach. This thoughtfully designed residence offers the ideal blend of comfort and recreation, making every day feel like a vacation. Perfect for a primary or secondary home.

The heart of this property lies in its unique Southwestern vibe as well as an exceptional outdoor entertaining space, featuring a large Trex deck that practically begs for morning coffee sessions and evening gatherings with friends. Whether you're grilling burgers or simply soaking up the Texas sunshine, this expansive outdoor area provides the perfect backdrop for creating lasting memories.

Lake enthusiasts will appreciate the convenience of walking right across the street to access to pristine waters, perfect for swimming, boating, or casting a line on lazy weekend afternoons. The proximity to the lake means you can enjoy all the benefits of waterfront living without the premium price tag typically associated with direct lakefront properties. The peaceful and lush outdoor space is wonderfully relaxing and quiet.

Inside, you'll find a well-appointed layout that maximizes both privacy and togetherness. The primary bedroom offers a peaceful retreat, while two additional bedrooms provide flexibility for guests, home offices, or hobby spaces. New windows installed in 2023 brings in lots of natural light.

The location strikes an excellent balance between tranquil lakeside living and practical amenities. Lakeway City Park sits nearby, offering additional recreational opportunities and green space for outdoor activities. Essential services like grocery shopping and quality educational facilities are easily accessible, ensuring daily life runs smoothly.

This property represents an opportunity to embrace a lifestyle where relaxation meets convenience, where every sunset over the water reminds you that you've found something special.

At $335/sqft, this home is 14% 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

16312 Lake Loop, Austin, TX 78734

Property Details

Price $889,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,650 sqft
Lot Size 0.49 acres (21,257.28 sqft)
Year Built 1999
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Buffalo Gap
County Travis
Zip Code 78734
$/sqft $335/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,121.54
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT205602463
List Date August 27, 2025
Elementary School Lake Travis
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
308 Cedar Hurst Ln
Round Mountain
$890,000 $451 3 bd / 3 ba 1,974 sqft , 2025-10-28
1610 Harvey St #A
Division B
$890,000 $456 3 bd / 3 ba 1,951 sqft , 2026-07-03
2316 Bahama Rd
Austin Lake Estates Sec 02
$890,000 $438 4 bd / 3 ba 2,034 sqft , 2026-05-06
3915 Tilley St
Mueller
$887,500 $396 3 bd / 3 ba 2,241 sqft , 2026-04-25
505 Wester Ross Ln
Lakeway Highlands Ph 01 Sec 02
$884,500 $278 4 bd / 4 ba 3,182 sqft , 2026-07-08

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
$4,267/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
$177,800
20% conventional investment loan

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

Estimated Gross Rent+$4,267
Principal + Interest−$4,852
Property Tax (~2.1% TX avg)−$1,556
Insurance (~0.5%)−$370
Est. Monthly Cash Flow $-2,511

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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