Active Listing  ·  0 days on market

18302 W Rim Dr

Jonestown, TX 78645
$699,000
3 Bed 2 Bath 1,402 sqft $499/sqft Built 1996 0.85 acres Pool Waterfront Webb H E 01

Tucked away into the Texas Hill Country, you’ll find this newly remodeled lake house offering breathtaking views of Lake Travis. With a picturesque view from the deck and your own private trail to the lake, this home offers the perfect escape from the city (which is only 30 minutes away). In addition to having direct lake access, you’ll also have access to Jones Brothers Park—a 32-acre park that offers lots of amenities for families seeking a day at the lake. Amenities include covered individual picnic sites, ball fields, sand volleyball court, tennis/ basketball court, walking paths and a playscape. Inside, you’ll find a fully remodeled interior, with continued floor-to-ceiling views of the lake. Just wait till you experience a sunset here—there truly is nothing else like it. See agent for details on adding a boat dock.

At $499/sqft, this home is priced 49% above the Jonestown active market average of $335/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

18302 W Rim Dr, Jonestown, TX 78645

Property Details

Price $699,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,402 sqft
Lot Size 0.85 acres (36,912.74 sqft)
Year Built 1996
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Webb H E 01
County Travis
Zip Code 78645
$/sqft $499/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,615.02
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT247479806
List Date September 22, 2026
Elementary School CC Mason
Middle School Running Brushy
High School Cedar Park
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
17129 E Darleen Dr
Trails End
$749,500 $744 2 bd / 1 ba 1,008 sqft , 2026-04-11
10903 Lakeside Dr
JONESTOWN
$899,000 $620 2 bd / 2 ba 1,451 sqft , 2026-05-23

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
$3,355/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
$139,800
20% conventional investment loan

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

Estimated Gross Rent+$3,355
Principal + Interest−$3,815
Property Tax (~2.1% TX avg)−$1,223
Insurance (~0.5%)−$291
Est. Monthly Cash Flow $-1,974

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 22, 2026.

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