Active Listing  ·  54 days on market

1700 Buffalo-Gap Rd

Austin, TX 78734
$2,700,000
3 Bed 4 Bath 3,150 sqft $857/sqft Built 1971 1.64 acres Pool Waterfront N/A

Wake up to Lake Travis views, spend the day on the water, and end the evening entertaining from multiple decks overlooking the shoreline. With 89 feet of improved waterfront and 1.64 acres, this custom lakefront home delivers the lifestyle buyers come to Lake Travis to find.

The neighboring 1.41-acre waterfront lot is also available, creating the opportunity to expand to a combined 176 feet of shoreline. Whether envisioned as a future pool site, guest house, cabana, or simply additional privacy, the extra land offers flexibility that is increasingly difficult to find.

A floating dock, Trex-decked boathouse, expansive terrace, and multiple outdoor living areas make it easy to enjoy every season on the lake. Inside, custom finishes, soaring ceilings, shiplap details, and designer lighting create a distinctive lake home atmosphere.

The open-concept layout centers around a chef-inspired kitchen with quartz surfaces, custom cabinetry, farmhouse sink, JennAir gas range, and walk-in pantry. Two primary suites provide comfortable accommodations, while the media room, built-in beverage station, and rare parking make hosting family and friends effortless.

At $857/sqft, this home is priced 119% 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

1700 Buffalo-Gap Rd, Austin, TX 78734

Property Details

Price $2,700,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 3,150 sqft
Lot Size 1.64 acres (71,438.4 sqft)
Year Built 1971
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision N/A
County Travis
Zip Code 78734
$/sqft $857/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $20,077.97
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT235428761
List Date June 11, 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
555 E 5th St #3022
Five Fifty 05 Condo Amd
$2,698,000 $742 3 bd / 3 ba 3,638 sqft , 2026-01-13
2300 Barton Creek Blvd #8
GOVERNORS HILL CONDOMINIUMS
$2,695,000 $650 4 bd / 4 ba 4,147 sqft , 2026-04-10
2311 Westoak Dr
West Park Add
$2,695,000 $736 4 bd / 5 ba 3,662 sqft , 2026-05-26
2102 Oxford St
Oak Hill ADDN
$2,695,000 $854 4 bd / 4 ba 3,154 sqft , 2026-05-27
4703 Highland Ter
Highland Park West
$2,675,000 $767 4 bd / 4 ba 3,489 sqft , 2026-05-28

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
$12,960/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
$540,000
20% conventional investment loan

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

Estimated Gross Rent+$12,960
Principal + Interest−$14,735
Property Tax (~2.1% TX avg)−$4,725
Insurance (~0.5%)−$1,125
Est. Monthly Cash Flow $-7,625

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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