Active Listing  ·  208 days on market

1719 Spyglass Dr #16

Austin, TX 78746
$1,499,999
4 Bed 5 Bath 2,950 sqft $508/sqft Built 2026 0.11 acres 2-Car Garage Pool New Construction Spyglass

Unbeatable Location | Lock & Leave Luxury | Exquisite Design Welcome to your dream home—an impeccably designed detached villa just minutes from downtown Austin, offering the perfect blend of luxury, convenience, and a true lock-and-leave lifestyle in the coveted Eanes ISD. This stunning residence features 4 spacious bedrooms, 4.5 designer bathrooms, and an elevator for effortless access to every level. Thoughtfully curated designer finishes include gorgeous wood floors and an open-concept living space that flows seamlessly into a chef’s kitchen equipped with Thermador appliances, a 48” range, built-in refrigerator, and an oversized island, perfect for entertaining. Retreat to the primary suite, a haven of sophistication with a spa-like ensuite, while the game room with a wet bar creates the ideal space for hosting. Unwind on the rooftop deck, where breathtaking views set the scene for morning coffee or sunset gatherings. Perfectly situated for an active and convenient lifestyle, this home is just steps from Barton Creek Preserve and Zilker Park and moments from Austin’s best dining, shopping, and entertainment. With quick access to downtown, this low-maintenance, lock-and-leave home is designed for those who crave both luxury and convenience. Exquisite design. Unmatched location. Your Austin retreat awaits!

At $508/sqft, this home is priced 30% 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

1719 Spyglass Dr #16, Austin, TX 78746

Property Details

Price $1,499,999
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 2,950 sqft
Lot Size 0.11 acres (4,730.62 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Spyglass
County Travis
Zip Code 78746
$/sqft $508/sqft
Days on Market ,
HOA $300/Monthly
Annual Tax Est. $1,451.51
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT215805967
List Date January 8, 2026
Elementary School Cedar Creek (Eanes ISD)
Middle School Hill Country
High School Westlake
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.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · January 8, 2026 $1,549,900
Current ask $1,499,999
Reduced $49,901 (-3.2%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
5805 Buckpasser Cv
Davenport Ranch Ph 02 Sec 01
$1,499,999 $582 4 bd / 3 ba 2,578 sqft , 2026-06-12
1301 Minnie Dr
Lakeland Park
$1,499,999 $499 5 bd / 5 ba 3,007 sqft , 2026-07-24
5001 Sevan Cv
Vista West 04
$1,500,000 $447 5 bd / 4 ba 3,357 sqft , 2026-05-21
7124 Calpe Dr
Circle C Avana
$1,500,000 $429 5 bd / 4 ba 3,495 sqft , 2026-07-30
13033 Highway Fm 2769 None
Blakey
$1,499,000 $750 3 bd / 3 ba 2,000 sqft , 2026-01-02

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
$7,200/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
$300,000
20% conventional investment loan

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

Estimated Gross Rent+$7,200
Principal + Interest−$8,186
Property Tax (~2.1% TX avg)−$2,625
Insurance (~0.5%)−$625
Est. Monthly Cash Flow $-4,236

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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