Active Listing  ·  105 days on market

17545 Reed Park Rd #2

Jonestown, TX 78645
$549,900
3 Bed 3 Bath 2,225 sqft $247/sqft Built 2006 0.95 acres 2-Car Garage Pool Waterfront VILLAS AT HARBOR MARINA CONDOMINIUM

Experience elevated Lake Travis living in this beautifully updated 3 bedroom, 2.5 bathroom residence located within the exclusive, gated Villas at Harbor Marina community, comprised of 10 homes. Perfectly positioned to capture stunning panoramic views of Lake Travis, this property offers a unique blend of comfort, privacy, and waterfront lifestyle. Designed with both functionality and flexibility in mind, the multi-level floor plan features bedrooms on the first and third levels, providing ideal separation for family members and guests. The main living level serves as the heart of the home, showcasing an open living area, dining space, kitchen, and convenient powder bath. Expansive windows fill the home with abundant natural light, while the covered balcony extends the living space outdoors, offering the perfect place to relax, entertain, and take in the breathtaking Lake Travis views. Scenic lake views can be enjoyed from every level of the home. Recent improvements enhance both style and peace of mind, including new flooring, fresh interior paint throughout (including the garage),new Toto toilets in all bathrooms, and a new HVAC system servicing the second and third floors. A dedicated lower level storage room offers additional space for outdoor equipment, seasonal decor, or recreational gear. Residents of the Villas at Harbor Marina enjoy private access to a lakeside picnic gazebo, providing the perfect setting to relax and take in the natural beauty of the area. Conveniently located near Jones Harbor Marina and minutes from the amenities of Jones Brothers Park, boat ramps, boat slips/floating dock (residents have priority rental of a slip, tennis courts, playgrounds, and waterfront recreation, this property places the best of Lake Travis at your doorstep. Whether you're seeking a full time residence, a weekend escape, or an investment opportunity, this exceptional home offers an unparalleled opportunity to enjoy the lake lifestyle in a desirable gated community.

At $247/sqft, this home is 26% below the Jonestown active market average of $335/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

17545 Reed Park Rd #2, Jonestown, TX 78645

Property Details

Price $549,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,225 sqft
Lot Size 0.95 acres (41,382 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision VILLAS AT HARBOR MARINA CONDOMINIUM
County Travis
Zip Code 78645
$/sqft $247/sqft
Days on Market ,
HOA $950/Quarterly
Annual Tax Est. $10,985.85
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT232514130
List Date June 9, 2026
Elementary School Lago Vista
Middle School Lago Vista
High School Lago Vista
School District ,

Luke Allen (TREC #788149) has deep knowledge of Jonestown 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 Jonestown

Comparable Listings Right Now

Homes currently for sale in Jonestown 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
17545 E Reed Parks Rd #5
Villas At Harbor Marina Condom
$565,000 $236 2 bd / 3 ba 2,392 sqft , 2026-01-06
17234 E Reed Parks Rd
Chas Heartt - Jeremiah Gregg
$599,900 $280 4 bd / 3 ba 2,139 sqft , 2026-09-01
10201 Womack Dr
Trails End
$449,000 $290 2 bd / 2 ba 1,550 sqft , 2026-08-20
17308 E Darleen Dr
Trails End Resub 04
$424,900 $238 3 bd / 2 ba 1,786 sqft , 2026-08-14

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
$2,640/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
$109,980
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,001
Property Tax (~2.1% TX avg)−$962
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,552

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 Jonestown, TX

Jonestown 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 · 30 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. This page was last updated on September 1, 2026.

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