Active Listing  ·  70 days on market

16714 Forest Way

Austin, TX 78734
$6,600,000
5 Bed 6 Bath 7,547 sqft $875/sqft Built 2010 2.22 acres 2-Car Garage Pool Waterfront Hudson Bend Colony 01 Resub

Positioned along a coveted stretch of Lake Travis shoreline beneath a canopy of heritage oaks, 16714 Forest Way evokes the timeless character of an Italian lakeside villa reimagined for refined Texas waterfront living. Set behind gates on a flat waterfront homesite with panoramic Hill Country and sunset views, the estate offers a rare blend of architectural presence, privacy, and resort-style recreation.

Thoughtfully renovated in 2024, the three-level residence was designed to embrace the surrounding landscape and lake views from nearly every room. Old World influences including a stone facade, Spanish tile roof, central courtyard with fountain, and covered terraces are balanced by sophisticated contemporary interiors featuring light oak flooring, oversized windows, and abundant natural light.

Anchored by a chef’s kitchen with a Wolf six-burner range, oversized island, walk-in pantry, and wine storage, the residence was designed for both intimate evenings and large-scale entertaining. Expansive living and dining spaces open to covered terraces with a summer kitchen and outdoor fireplace overlooking the grounds and waters of Lake Travis.

Occupying the entire upper level, the primary retreat features elevated lake views, spa-inspired bath, private office, and fitness or flex space. Generous secondary suites, a private guest casita, and an entertainment-focused lower level with full bar, media lounge, recreation area, and guest accommodations create flexibility for hosting.

The grounds offer expansive flat lawns shaded by mature trees with room for a future resort-style pool. At the shoreline, a dedicated lakeside pavilion with wet bar, fireplace, covered terrace, and half bath creates a remarkable setting for entertaining beside the water.

For boating enthusiasts, the estate is equipped with a private boat ramp, floating two-slip dock, jet ski lifts, storage, and elevated sun deck positioned to capture Lake Travis sunsets and beyond.

At $875/sqft, this home is priced 124% 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

16714 Forest Way, Austin, TX 78734

Property Details

Price $6,600,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 7,547 sqft
Lot Size 2.22 acres (96,894.86 sqft)
Year Built 2010
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hudson Bend Colony 01 Resub
County Travis
Zip Code 78734
$/sqft $875/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $41,896.01
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT230570906
List Date May 26, 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
4400 Island Ave
Island At Mount Bonnell Shores
$6,500,000 $762 5 bd / 6 ba 8,526 sqft , 2026-07-01
15210 Rainbow One St
Travis Landing
$6,750,000 $832 6 bd / 6 ba 8,116 sqft , 2026-04-10
14423 Ridgetop Ter
Comanche Point
$6,800,000 $1,082 6 bd / 6 ba 6,284 sqft , 2026-03-26
629 Casasanta Trl
Rough Hollow The Peninsula
$6,850,000 $875 5 bd / 8 ba 7,831 sqft , 2026-05-22
6607 W COURTYARD Dr
Shepherd Mountain Ph 02
$6,895,000 $1,193 5 bd / 6 ba 5,780 sqft , 2026-08-01

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
$31,680/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
$1,320,000
20% conventional investment loan

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

Estimated Gross Rent+$31,680
Principal + Interest−$36,019
Property Tax (~2.1% TX avg)−$11,550
Insurance (~0.5%)−$2,750
Est. Monthly Cash Flow $-18,639

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 →

Neighborhood Context

About Hudson Bend

Hudson Bend is Austin's best-kept secret for lake living. Tucked onto a quiet peninsula between Lake Travis and the Colorado River arm just west of Lakeway, this unincorporated Travis County community sits at the intersection of outdoor lifestyle and genuine Austin authenticity - without the resort-town price premium of some Lake Travis communities.

The neighborhood runs the full spectrum from original mid-century fishing cabins on large lots to fully renovated luxury estates with private boat docks and sweeping lake views. That range creates an unusual real estate market: buyers can enter at $400K in a livable home on a generous lot, or go all the way to $3M+ for a turnkey waterfront estate on the open water.

Lake Travis Access

Multiple public boat ramps and marinas within the community, plus private docks on waterfront properties. Lake Travis offers 65 miles of shoreline and is the premier boating lake in the Austin metro - home to sailing regattas, wake sports, and fishing year-round.

🏫
Lake Travis ISD

One of the highest-rated school districts in Texas. Lake Travis High School consistently ranks among the top 10% of Texas high schools for academics, athletics, and fine arts. The district draws buyers from across Austin specifically for its schools.

🌳
Genuine Peninsula Character

Hudson Bend's peninsular geography creates a neighborhood with only one main road in and out - which means low through-traffic, neighborhood quiet, and a genuine sense of community that suburban subdivisions rarely achieve.

💰
Value vs. Other Lake Travis Communities

Lakefront and lake-access property in Hudson Bend typically runs 15 to 25% below comparable properties in the more developed parts of Lakeway or Spicewood. For buyers who want the lake lifestyle without paying a premium for polish, Hudson Bend is the strongest value proposition on Lake Travis.

Full Hudson Bend Guide →

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →