Active Listing  ·  11 days on market

16323 Lake Loop

Austin, TX 78734
$1,695,000
5 Bed 6 Bath 4,293 sqft $395/sqft Built 2018 0.43 acres Pool Waterfront Buffalo Gap

Experience the best of Lake Travis living from this exceptional waterfront retreat overlooking Sail & Ski Yacht Club Marina. This custom 5-bedroom, 5.5-bath home offers 4,293 square feet of beautifully designed living space, a private boat dock, and incredible indoor and outdoor entertaining.

Walls of windows capture panoramic lake views while the open floor plan features soaring vaulted ceilings, exposed wood beams, a dramatic floor-to-ceiling fireplace, and a chef's kitchen with an oversized quartz island and premium stainless appliances. The spacious primary suite includes a private balcony overlooking the water and a spa-inspired bath with a soaking tub, oversized walk-in shower, and dual vanities.

Designed for entertaining, the home features expansive upper decks, an incredible steel-framed lower entertainment deck with multiple gathering areas, and a lakeside fire pit just steps from your private dock. Spend your days boating, paddleboarding, kayaking, fishing, or cruising to nearby waterfront restaurants before returning home to enjoy unforgettable Lake Travis sunsets.

Located just minutes from Sail & Ski Yacht Club Marina and Sundancer Grill, only 8 minutes to H-E-B, 14 minutes to the Hill Country Galleria, and approximately 30 minutes to Downtown Austin, this home offers the perfect balance of waterfront privacy and city convenience.

The property has a proven history as a successful luxury short-term rental, offering outstanding income potential while also serving as the perfect primary residence or weekend retreat. An existing low-interest assumable loan may be available for qualified buyers, providing a rare financing opportunity in today's market.

Whether you're looking for a full-time residence, weekend getaway, or exceptional investment opportunity, 16323 Lake Loop offers a Lake Travis lifestyle that's rarely available.

At $395/sqft, this home is priced in line with the Austin market average of $391/sqft across 4,642 active listings. View Austin market report →

Location

16323 Lake Loop, Austin, TX 78734

Property Details

Price $1,695,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 4,293 sqft
Lot Size 0.43 acres (18,809.21 sqft)
Year Built 2018
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Buffalo Gap
County Travis
Zip Code 78734
$/sqft $395/sqft
Days on Market ,
HOA $100/Annually
Annual Tax Est. $29,039
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT240262721
List Date July 24, 2026
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
11710 Uplands Ridge Dr
Uplands Ridge
$1,695,000 $428 5 bd / 4 ba 3,963 sqft , 2025-02-11
5000 Valburn Ct
Northwest Hills
$1,695,000 $440 4 bd / 3 ba 3,849 sqft , 2026-02-27
4513 Hank Ave
Forest Oaks
$1,695,000 $549 4 bd / 4 ba 3,086 sqft , 2026-06-25
10700 Spiderling Ct
Senna Hills
$1,695,000 $412 4 bd / 4 ba 4,117 sqft , 2026-07-26
1901 W Saint Johns Ave
Crestview Add Sec 01
$1,699,000 $519 5 bd / 5 ba 3,272 sqft , 2026-07-15

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
$8,136/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
$339,000
20% conventional investment loan

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

Estimated Gross Rent+$8,136
Principal + Interest−$9,250
Property Tax (~2.1% TX avg)−$2,966
Insurance (~0.5%)−$706
Est. Monthly Cash Flow $-4,786

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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