Active Listing  ·  117 days on market

1705 Parten Ranch Pkwy

Austin, TX 78737
$1,150,000
4 Bed 5 Bath 3,622 sqft $318/sqft Built 2021 1.92 acres 4-Car Garage Pool Parten Ranch Ph 2

Stunning newly built one-story home on approximately 1.923 acres in the highly sought-after Parten Ranch community. Thoughtfully designed with high-end finishes and exceptional upgrades, this spacious home offers 4 bedrooms, a dedicated office, 4.5 bathrooms, plus expansive game and media rooms, providing the perfect balance of luxury and functionality.

The open-concept floor plan features soaring ceilings, abundant natural light, and ceramic tile flooring throughout. The gourmet kitchen is a chef's dream with stainless steel appliances, three high-tech built-in ovens with convection and air fry modes, a 6-burner gas cooktop, built-in microwave, oversized center island, and an enormous walk-in pantry.

The luxurious primary suite includes a spa-inspired bath with a soaking tub, oversized walk-in shower, dual vanities, and generous closet space. A large utility room offers a sink and built-in cabinetry for added convenience.

Car enthusiasts will appreciate the oversized 4-car garage with additional storage and the extra-wide 17-foot driveway providing ample guest parking.

Built with four-sided masonry, this home also features two tankless water heaters, automatic front and backyard sprinkler systems, and a covered patio prepped for the ultimate outdoor kitchen with a gas line for a BBQ grill and TV electrical outlet.

The huge, fully fenced backyard offers approximately 35 feet of sod, while the remaining yard is beautifully landscaped with natural, low-maintenance vegetation, creating the perfect blend of usable outdoor space and Hill Country charm.

Residents enjoy low HOA dues and outstanding community amenities, including a swimming pool, parks, hike-and-bike trails, and picnic areas. Ideally located just minutes from downtown Austin, Dripping Springs, Seton Southwest Hospital, top-rated wineries, distilleries, shopping, dining, and entertainment, this exceptional property offers luxury living with privacy, space, and convenience.

At $318/sqft, this home is 18% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1705 Parten Ranch Pkwy, Austin, TX 78737

Property Details

Price $1,150,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 3,622 sqft
Lot Size 1.92 acres (83,765.88 sqft)
Year Built 2021
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parten Ranch Ph 2
County Hays
Zip Code 78737
$/sqft $318/sqft
Days on Market ,
HOA $225/Quarterly
Annual Tax Est. $25,085.85
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240142654
List Date July 18, 2026
Elementary School Cypress Springs
Middle School Sycamore Springs
High School Dripping Springs
School District Dripping Springs ISD

Dripping Springs ISD

Cypress Springs · Sycamore Springs · Dripping Springs

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.

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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
244 Bird Bath Bnd
Parten
$1,149,900 $270 5 bd / 5 ba 4,263 sqft , 2026-08-02
256 Bird Bath Bnd
Parten
$1,149,650 $311 4 bd / 5 ba 3,700 sqft , 2026-07-10
224 Bird Bath Bnd
Parten
$1,174,900 $277 5 bd / 5 ba 4,239 sqft , 2026-08-04
457 Bird Holw
Parten
$1,124,900 $296 5 bd / 5 ba 3,798 sqft , 2026-09-21
14301 S Green Hills Loop
Green Hills
$1,177,000 $435 4 bd / 2 ba 2,706 sqft , 2026-10-29

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
$5,520/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
$230,000
20% conventional investment loan

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

Estimated Gross Rent+$5,520
Principal + Interest−$6,276
Property Tax (assumed ~2.1%)−$2,013
Insurance (assumed ~0.5%)−$479
Est. Monthly Cash Flow $-3,248

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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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 41 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. The written content was last updated on November 11, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

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