Active Listing  ·  22 days on market

1813 Graveyard Point Rd

Austin, TX 78734
$1,300,000
2 Bed 3 Bath 1,160 sqft $1,121/sqft Built 2009 1.70 acres Pool Waterfront MCDONALD J

Deep-Waterfront Estate | 1.7+ Acres | 330’ Shoreline and Two Docks! A rare "unicorn" opportunity on Lake Travis! This premier deep-waterfront property spans over 1.7 acres across two legal lots, offering total freedom for development, investment, or a private compound. With no HOA, the possibilities are endless: build a second estate, expand the current home, or maximize its proven short-term rental potential with zero usage barriers. The exceptional 2-bed, 2.5-bath home offers a clean, modern design and a chef’s kitchen fully upgraded with brand-new KitchenAid appliances. The layout includes a dedicated home gym, modern bathrooms, and a versatile flex space that adds incredible functionality to the 1,920 sq ft floor plan. The gently sloping, tree-lined lot leads to two private, solar-powered docks: a massive party dock designed for premier entertaining and a covered boat dock with coveted year-round deep water access. Both docks feature eco-friendly solar power for lifts and lighting. Whether you are looking for a secluded primary sanctuary or a high-yield investment property with room to grow, this is one of the most versatile lakefront offerings available.

At $1,121/sqft, this home is priced 185% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1813 Graveyard Point Rd, Austin, TX 78734

Property Details

Price $1,300,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,160 sqft
Lot Size 1.70 acres (74,052 sqft)
Year Built 2009
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision MCDONALD J
County Travis
Zip Code 78734
$/sqft $1,121/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT245337801
List Date September 1, 2026
Elementary School Serene Hills
Middle School Hudson Bend
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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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
$6,240/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
$260,000
20% conventional investment loan

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

Estimated Gross Rent+$6,240
Principal + Interest−$7,095
Property Tax (~2.1% TX avg)−$2,275
Insurance (~0.5%)−$542
Est. Monthly Cash Flow $-3,672

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 · 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 15, 2026.

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