Active Listing  ·  247 days on market

18601 Sugar Maple Dr

Lago Vista, TX 78645
$2,095,000
6 Bed 6 Bath 6,107 sqft $343/sqft Built 2022 0.92 acres 5-Car Garage Pool Waterford On Lake Travis Sec 4

Note: Pool Area Is Rendered To Show Potential To Add A Pool Spaces: Luxury Lake Travis home with panoramic lake views, built by acclaimed Sunshine Builders, offering exceptional craftsmanship, energy efficiency, and resort-style living. This 6,107-square-foot custom estate features a dramatic two-story living room with a full wall of glass overlooking Lake Travis, creating a seamless indoor-outdoor connection and breathtaking water views. Ideal as a primary residence or second home / lake home, the property offers 5 bedrooms and 6 bathrooms, including a private primary suite wing with a dedicated HVAC system. Additional features include three HVAC systems, two tankless water heaters, Level 5 drywall, a standing seam metal roof, and full foam insulation for impressive energy efficiency, with a July electric bill of just $268. The home includes two full kitchens with Thermador appliances, with the main kitchen never used, plus a large walk-in pantry and two sets of washer and dryers. Outdoor living features a covered patio with a full outdoor kitchen and BBQ, perfect for entertaining. A spacious game room provides flexible living space for media or guests. The rare 5-car garage offers high ceilings, side-mounted openers, and room for vehicles, a workshop, toys, boat or RV storage. The .92-acre lot allows space for a guest house and offers the potential to add a private helicopter helipad. Underground utilities and a buried propane tank enhance long-term functionality and aesthetics. The property includes the ability to continue renting a boat slip at a nearby marina, just minutes away, water, electricity, and a private storage locker. An adjacent 1.24-acre lot is also available, allowing the opportunity to build a second home and create an ultimate family compound. A rare Lake Travis luxury estate combining views, garage capacity, marina access, and expansion potential.

At $343/sqft, this home is priced 33% above the Lago Vista active market average of $257/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

18601 Sugar Maple Dr, Lago Vista, TX 78645

Property Details

Price $2,095,000
Status Active Listing
Beds 6
Full Baths 6
Half Baths ,
Living Area 6,107 sqft
Lot Size 0.92 acres (40,036 sqft)
Year Built 2022
Garage 5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Waterford On Lake Travis Sec 4
County Travis
Zip Code 78645
$/sqft $343/sqft
Days on Market ,
HOA $1,000/Annually
Annual Tax Est. $34,667.67
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT216685878
List Date January 19, 2026
Elementary School Lago Vista
Middle School Lago Vista
High School Lago Vista
School District ,

Luke Allen (TREC #788149) has deep knowledge of Lago Vista 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 Lago Vista

Comparable Listings Right Now

Homes currently for sale in Lago Vista 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
1208 Watercliffe Dr
Waterford On Lake Travis Sec 3
$1,849,900 $401 5 bd / 5 ba 4,609 sqft , 2026-06-19
610 Deckhouse Dr
Point Venture Sec 02
$1,700,000 $354 6 bd / 5 ba 4,809 sqft , 2026-02-20

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
$10,056/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
$419,000
20% conventional investment loan

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

Estimated Gross Rent+$10,056
Principal + Interest−$11,433
Property Tax (~2.1% TX avg)−$3,666
Insurance (~0.5%)−$873
Est. Monthly Cash Flow $-5,916

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 Lago Vista, TX

Lago Vista 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 July 20, 2026.

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