Active Listing  ·  41 days on market

17705 Flowing Brook Dr

Austin, TX 78738
$1,090,000
5 Bed 4 Bath 4,089 sqft $267/sqft Built 2020 0.31 acres 2-Car Garage Pool Sweetwater Ranch

At the highest point of a quiet cul-de-sac in Sweetwater Ranch, this 5-bedroom, 3.5-bathroom home delivers panoramic Hill Country views from the main living areas, an extended covered patio leveled with the main floor, and a large terrace leveled with the backyard. Few lots in this award-winning West Austin community rival this hilltop position, and the 4,089-square-foot floor plan built in 2020 puts every square foot to purposeful use. The main level is anchored by two full bedroom suites. The primary retreat features custom-built primary closets and a dedicated primary bathroom. A second ensuite bedroom on the same floor serves guests or extended family with equal comfort. The open-concept living and dining areas are framed by floor-to-ceiling windows that pull the Hill Country backdrop directly into view, with a fireplace anchoring the main living space. A dedicated home office with custom cabinetry sits just off the entry, and the kitchen opens to a breakfast nook and covered patio that extends the living space outdoors toward the views. Upstairs, 3 additional bedrooms, 2 of which share a Jack & Jill bath. A flex space that can serve as a game room or family room, & a dedicated home theatre with seven-speaker surround sound. Owner upgrades include premium built-ins throughout the family room, office, and media room, elegant window coverings, whole-house gutters, a hot water recirculation system, smart irrigation, a water softener, and an epoxy-finished garage floor. Exceptionally well-maintained home with six years of consistent care and proactive upkeep. Every system and surface has been preserved to a high standard, offering buyers a property that feels truly cared for and stands out for its condition. Sweetwater Ranch connects residents to two resort-style pools, sports courts, a full fitness center, & a clubhouse, all minutes from Hill Country Galleria. Zoned to Lake Travis ISD, including West Cypress Hills Elementary and Lake Travis High School.

At $267/sqft, this home is 32% 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

17705 Flowing Brook Dr, Austin, TX 78738

Property Details

Price $1,090,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 4,089 sqft
Lot Size 0.31 acres (13,294.51 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sweetwater Ranch
County Travis
Zip Code 78738
$/sqft $267/sqft
Days on Market ,
HOA $260/Quarterly
Annual Tax Est. $20,958.86
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232163806
List Date June 24, 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.

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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 · June 24, 2026 $1,120,000
Current ask $1,090,000
Reduced $30,000 (-2.7%) 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
256 Bird Bath Bnd
Parten
$1,094,093 $296 4 bd / 5 ba 3,700 sqft , 2026-07-10
4709 Snake Eagle Cv
Falconhead Spillman Ranch
$1,095,000 $341 4 bd / 4 ba 3,208 sqft , 2026-06-02
10200 Sunningdale Cv
Avery Estates
$1,095,000 $253 5 bd / 4 ba 4,326 sqft , 2026-06-12
595 Bird Holw
Parten
$1,095,500 $361 4 bd / 5 ba 3,032 sqft , 2026-07-02
2707 Salek Vw
Sunridge Condos
$1,099,000 $341 4 bd / 4 ba 3,220 sqft , 2026-01-10

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
$5,232/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
$218,000
20% conventional investment loan

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

Estimated Gross Rent+$5,232
Principal + Interest−$5,949
Property Tax (~2.1% TX avg)−$1,908
Insurance (~0.5%)−$454
Est. Monthly Cash Flow $-3,079

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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