Active Listing  ·  21 days on market

18213 Gregg Bluff Rd

Jonestown, TX 78645
$1,175,000
5 Bed 5 Bath 3,858 sqft $305/sqft Built 2024 5.03 acres 2-Car Garage Pool none

Exceptional value in the Texas Hill Country! Situated on approximately 5 private acres with beautiful Lake Travis and Hill Country views, this nearly 3,900-square-foot home offers an impressive combination of space, privacy, luxury, and value. The thoughtfully designed floor plan features 5 bedrooms, 5 bathrooms, two spacious living areas, beautiful wood flooring, and high-end finishes throughout. At the heart of the home is a stunning gourmet kitchen featuring an oversized waterfall-edge island, extensive custom cabinetry, premium appliances, designer fixtures, and abundant workspace, all opening seamlessly to the main living areas. Large windows throughout the home capture natural light and showcase the surrounding Hill Country and lake views. A covered porch provides the perfect setting to relax and enjoy the peaceful surroundings. With five acres offering exceptional separation and privacy, this property feels like a private Hill Country retreat while remaining convenient to Jonestown, Lake Travis, and the greater Austin area. Priced well below market and aggressively positioned for a quick sale, this is a rare opportunity to acquire a substantial luxury home on acreage at an exceptional value.

At $305/sqft, this home is 9% 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

18213 Gregg Bluff Rd, Jonestown, TX 78645

Property Details

Price $1,175,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths ,
Living Area 3,858 sqft
Lot Size 5.03 acres (219,106.8 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision none
County Travis
Zip Code 78645
$/sqft $305/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,992.45
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245355029
List Date September 1, 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
18007 Crystal Cv
Northlake Hills Sec 01
$1,139,000 $311 4 bd / 4 ba 3,658 sqft , 2026-05-14
10800 Beach Rd
Valle Verde Beach
$1,359,000 $334 4 bd / 4 ba 4,072 sqft , 2026-06-19
8609 Nina Ln
South Jonestown Hills
$789,000 $255 4 bd / 4 ba 3,093 sqft , 2025-08-30
17412 W First St
Trails End Resub 04
$767,000 $253 4 bd / 4 ba 3,035 sqft , 2026-08-19

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
$5,640/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
$235,000
20% conventional investment loan

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

Estimated Gross Rent+$5,640
Principal + Interest−$6,412
Property Tax (~2.1% TX avg)−$2,056
Insurance (~0.5%)−$490
Est. Monthly Cash Flow $-3,318

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 17, 2026.

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