Active Listing  ·  139 days on market

17324 Cain Clearing Pass

Austin, TX 78738
$799,999
4 Bed 4 Bath 2,423 sqft $330/sqft Built 2023 0.18 acres 3-Car Garage Pool Sweetwater Ranch Sec 2 Vlgs C

Located in the highly desirable Sweetwater Ranch community near Austin, this beautifully built 2023 home offers modern design, functional living space, and Hill Country charm. With 4 bedrooms, 3.5 bathrooms, Bonus room with clear glass French doors, 2,423 square feet, and a 3 car tandem garage, this home provides the perfect balance of comfort and style.

The thoughtfully designed open floor plan features spacious living areas, abundant natural light, and a seamless flow ideal for both everyday living and entertaining. The kitchen opens to the main living space, creating a welcoming atmosphere for gatherings with wood tile floors throughout. The primary suite offers a relaxing retreat with a well-appointed en-suite bath and generous closet space. Abundant Hill Country views off of the back patio.  

Situated on a 0.181-acre lot in the sought-after Sweetwater Ranch Sec 2 Vlgs C subdivision, residents enjoy access to community amenities and the convenience of nearby shopping, dining, and outdoor recreation.

This move-in-ready home combines newer construction with a prime location—an excellent opportunity to enjoy the best of Hill Country living while staying close to everything Austin has to offer.

At $330/sqft, this home is 16% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

17324 Cain Clearing Pass, Austin, TX 78738

Property Details

Price $799,999
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,423 sqft
Lot Size 0.18 acres (7,901.78 sqft)
Year Built 2023
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sweetwater Ranch Sec 2 Vlgs C
County Travis
Zip Code 78738
$/sqft $330/sqft
Days on Market ,
HOA $260/Quarterly
Annual Tax Est. $17,269.73
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222337969
List Date March 18, 2026
Elementary School Rough Hollow
Middle School Lake Travis
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
2851 Reunion Blvd
Reunion Ranch Ph Three Sec Two
$799,999 $259 3 bd / 3 ba 3,087 sqft , 2026-05-08
321 Calistoga Ct
River Dance Ph 03
$799,999 $260 4 bd / 4 ba 3,075 sqft , 2026-07-05
5906 Nasco Dr
Allandale Sec 4
$799,999 $426 4 bd / 2 ba 1,878 sqft , 2026-07-20
802 El Viejo Camino None
Lake Ridge Estates Sec 01
$800,000 $376 3 bd / 2 ba 2,128 sqft , 2026-06-25
10421 Hansa Dr
Hielscher Sec 07
$800,000 $294 4 bd / 3 ba 2,721 sqft , 2026-06-26

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
$3,840/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
$160,000
20% conventional investment loan

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

Estimated Gross Rent+$3,840
Principal + Interest−$4,366
Property Tax (~2.1% TX avg)−$1,400
Insurance (~0.5%)−$333
Est. Monthly Cash Flow $-2,259

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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