Active Listing  ·  175 days on market

205 Amiata Ave #96

Lakeway, TX 78734
$699,000
3 Bed 3 Bath 2,530 sqft $276/sqft Built 2013 0.24 acres 2-Car Garage Pool Villas At Tuscan Village Amd

Come Live 205 Amiata Ave, a beautifully maintained single story villa nestled in the heart of Tuscan Village, Lakeway's premier 55+ community where exceptional living meets an unmatched sense of belonging. This thoughtfully designed 3 bedroom, 2.5 bath home offers 2,530 square feet of refined living space with an open and airy floor plan that flows effortlessly from room to room, making everyday living as comfortable as it is elegant. The spacious primary suite is a true sanctuary, featuring a generous sitting area, two walk in closets, and a spa inspired bath complete with dual vanity, jetted garden tub, and a separate shower. A dedicated home office provides the perfect quiet space for reading, hobbies, or working from home, while multiple living and dining areas give you the flexibility to entertain or simply relax in style. A cozy gas fireplace anchors the main living area and sets the perfect ambiance for those rare and cherished winter evenings. The kitchen is well appointed with built in ovens, gas cooktop, refrigerator, and a breakfast bar perfect for casual mornings with your favorite cup of coffee. Rich hardwood floors, plantation shutters, and soaring ceilings add warmth, character, and timeless elegance throughout every room. Step outside to your private covered patio and wrought iron fenced backyard, a peaceful and serene retreat surrounded by beautiful mature trees where you can unwind and enjoy the natural beauty of the hill country. As a resident of Tuscan Village you will enjoy world class resort style amenities including an indoor and outdoor pool, hot tub, fitness center, yoga and aerobics room, game room, pickleball, and a vibrant clubhouse where neighbors become lifelong friends. All of this just steps from the Lakeway Public Library and minutes from the incredible shopping and dining that the Lakeway area has to offer. This is more than a home, it is a lifestyle you have earned.

At $276/sqft, this home is 16% below the Lakeway active market average of $327/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

205 Amiata Ave #96, Lakeway, TX 78734

Property Details

Price $699,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,530 sqft
Lot Size 0.24 acres (10,332.43 sqft)
Year Built 2013
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Villas At Tuscan Village Amd
County Travis
Zip Code 78734
$/sqft $276/sqft
Days on Market ,
HOA $556/Monthly
Annual Tax Est. $13,043.1
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224479373
List Date April 1, 2026
Elementary School Lakeway
Middle School Hudson Bend
High School Lake Travis
School District ,

Luke Allen (TREC #788149) has deep knowledge of Lakeway and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

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 · April 1, 2026 $799,000
Previous ask $725,000
Current ask $699,000
Reduced $100,000 (-12.5%) 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 Lakeway

Comparable Listings Right Now

Homes currently for sale in Lakeway 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
211 Honey Creek Ct #6
Honey Creek
$699,999 $368 3 bd / 3 ba 1,903 sqft , 2026-08-24
219 Honey Creek Ct #10
Honey Creek
$690,000 $380 3 bd / 3 ba 1,818 sqft , 2026-04-20
2 Jasperwood Ct
The Hills Lakeway Ph 03
$660,000 $297 3 bd / 2 ba 2,221 sqft , 2026-07-20
223 Honey Creek Ct #12
Honey Creek
$739,000 $387 3 bd / 3 ba 1,911 sqft , 2026-08-03
404 Amiata Ave #34
Villas At Tuscan Village Amd
$749,000 $299 3 bd / 3 ba 2,506 sqft , 2026-01-16

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 Lakeway, TX

Lakeway sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Apple Campus (Domain) 30 min E
Downtown Austin 30 min E via 71
Westlake corridor 15 min E

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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 6, 2026.

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