Active Listing  ·  88 days on market

1815 Rue De St Tropez None

Austin, TX 78746
$1,325,000
3 Bed 3 Bath 2,532 sqft $523/sqft Built 1996 0.19 acres 2-Car Garage Pool St Tropez

Welcome to an incredibly rare opportunity in the coveted waterfront enclave of St. Tropez on Lake Austin, a gated boutique community where everyday life feels like a luxury resort getaway. Tucked beneath a breathtaking canopy of trees, this intimate lakefront sanctuary offers an unmatched lifestyle at a price point that is increasingly difficult to find on Lake Austin. Residents enjoy an extraordinary collection of private amenities. Spend mornings launching a paddleboard from the private dock, afternoons relaxing in a secluded waterfront cove, and evenings gathered around the old-world style gazebo. The setting is magical, ducks gliding through the cove and turtles slipping beneath the surface. A private resort-style pool, enclosed sports court for pickleball and basketball and gated privacy complete the experience. Adding value to this incredible lifestyle are the remarkably low carrying costs, including an ultra-low 1.4% tax rate and HOA dues of just $360/month, an exceptional opportunity to buy into the Lake Austin lifestyle without the multi-million-dollar price tag typically associated with waterfront living. The home is a timeless 1996 limestone beauty filled with warmth, charm & thoughtful architecture. Soaring ceilings and beautiful window placement captures natural light . The oversized back patio creates the perfect extension of the living space, ideal for entertaining family and friends or simply enjoying a quiet cup of coffee in the morning or a glass of wine beneath the trees in the evening. The primary suite opens onto the patio creating a peaceful retreat. Upstairs, a second living area, two bedrooms, and a renovated bathroom offer flexibility. At the heart of the home is a generous kitchen designed for gathering, seamlessly connected to the family room and anchored by a limestone fireplace.This is more than a home, it is an opportunity to experience the beauty and exclusivity of waterfront living in one of Westlake’s most desirable neighborhoods.

At $523/sqft, this home is priced 34% 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

1815 Rue De St Tropez None, Austin, TX 78746

Property Details

Price $1,325,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,532 sqft
Lot Size 0.19 acres (8,289.47 sqft)
Year Built 1996
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision St Tropez
County Travis
Zip Code 78746
$/sqft $523/sqft
Days on Market ,
HOA $360/Monthly
Annual Tax Est. $12,559.1
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229410150
List Date May 8, 2026
Elementary School Bridge Point
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 · May 8, 2026 $1,400,000
Previous ask $1,350,000
Current ask $1,325,000
Reduced $75,000 (-5.4%) 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
2512 Watkins Way
Walsh 360 Twnhms
$1,325,000 $460 4 bd / 5 ba 2,881 sqft , 2026-04-07
1605 Hether St
1605 Hether Condos
$1,325,000 $700 3 bd / 4 ba 1,893 sqft , 2026-05-14
105 N Laurelwood Dr
Lake Ridge Estates Sec 03
$1,335,000 $446 4 bd / 4 ba 2,996 sqft , 2026-05-16
2913 Cherry Ln #A
Cherry Lane City Homes Condo
$1,340,000 $703 3 bd / 3 ba 1,906 sqft , 2026-01-09
1908 W 37th St
Oakmont Heights
$1,340,000 $742 3 bd / 3 ba 1,806 sqft , 2026-05-11

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
$6,360/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
$265,000
20% conventional investment loan

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

Estimated Gross Rent+$6,360
Principal + Interest−$7,231
Property Tax (~2.1% TX avg)−$2,319
Insurance (~0.5%)−$552
Est. Monthly Cash Flow $-3,742

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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