Active Listing  ·  190 days on market

17019 Rocky Ridge Rd

Austin, TX 78734
$1,850,000
3 Bed 2 Bath 1,120 sqft $1,652/sqft Built 1976 2.55 acres 1-Car Garage Pool Waterfront JOLLY W T

This is a rare opportunity to own 2.5 acres of lakefront land with direct shoreline access and a shared dock. The shared dock provides convenient boat storage, while the cove offers added privacy away from main lake traffic, making lake living easy and enjoyable. It is well suited for Airbnb investors, full-time lake living, or developers seeking a distinctive project. With generous space and flexible use, the property offers many ways to create something truly special. The existing home provides a solid starting point with 3 bedrooms, 2 bathrooms, and an attached garage. It offers excellent potential for renovation or redesign to match a variety of visions. One of the standout features is the expansive lower-level open patio, already prepared for customization. This area is ideal for creating an outdoor living space, an entertainment area, or a seamless indoor-outdoor layout designed for comfort and hosting. The land itself adds significant value. The 2.5-acre tract creates potential to subdivide into two or even three lots, creating a strong investment opportunity as demand for waterfront property continues to grow. Few properties offer this combination of acreage, lake access, and flexibility. The lifestyle offered by this property is a key highlight. Direct shoreline access allows for the creation of a beach-like lakeside setting where time on the water feels effortless. Surrounded by native landscaping on a quiet street, the property feels peaceful and private while remaining close to shopping, dining, and entertainment options. With impressive views, rare lake access, and outstanding potential, this is a unique opportunity to bring a lakefront vision to life.

At $1,652/sqft, this home is priced 323% 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

17019 Rocky Ridge Rd, Austin, TX 78734

Property Details

Price $1,850,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,120 sqft
Lot Size 2.55 acres (111,034.44 sqft)
Year Built 1976
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision JOLLY W T
County Travis
Zip Code 78734
$/sqft $1,652/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $26,177.82
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT217503777
List Date January 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
9114 290 W Hwy
Geneva Estates Sec 01
$1,850,000 $1,321 2 bd / 1 ba 1,400 sqft , 2024-10-10
301 West Ave #4607
Independent Condos
$1,950,000 $1,376 2 bd / 2 ba 1,417 sqft , 2025-10-24
222 West Ave #2802
Seaholm Residences Residential
$1,650,000 $1,155 2 bd / 2 ba 1,428 sqft , 2026-07-24
200 Congress Ave #23C
Austonian Condo Community
$1,500,000 $1,025 2 bd / 2 ba 1,464 sqft , 2025-10-17
15000 Maha Rd
none
$1,499,976 $1,325 2 bd / 1 ba 1,132 sqft , 2025-09-24

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
$8,880/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
$370,000
20% conventional investment loan

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

Estimated Gross Rent+$8,880
Principal + Interest−$10,096
Property Tax (~2.1% TX avg)−$3,238
Insurance (~0.5%)−$771
Est. Monthly Cash Flow $-5,225

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →