Active Listing  ·  111 days on market

20640 Moreh Peak Pass

Austin, TX 78738
$8,300,000
5 Bed 8 Bath 6,700 sqft $1,239/sqft Built 2028 32.33 acres 4-Car Garage Pool Preservation Ranch

This is an iconic opportunity to secure one of the most compelling new construction estates in Austin’s luxury landscape. 32.3 acre lot only, also for sale with SELLER FINANCING for $2.995M! Perched at the apex of 32 acres, this to-be-built estate introduces a new benchmark for Mountain Modern living—an offering where architectural precision meets the raw beauty of where Serengiti meets the Hills of Austin . Inspired by the highest caliber of contemporary estate design, this residence is reimagined for a premier homesite defined by sweeping views, natural privacy, and enduring exclusivity of a 920 acre reserve. Set at one of the highest elevations in Travis County, the estate is thoughtfully designed to live as a single story, with approximately 80% of the living space on the main level. The primary suite, private guest quarters with separate entry, executive office or sixth bedroom, theater, and game room create a seamless lifestyle of comfort and accessibility. Walls of glass dissolve boundaries between indoors and out, with La Cantina accordion sliders and vanishing glass doors framing panoramic Hill Country vistas and inviting effortless entertaining. The outdoor experience is nothing short of breathtaking—an oversized pool anchors the setting, complemented by a fully equipped outdoor kitchen and multiple lounge and dining areas designed to capture sunset views and quiet moments alike. Upstairs, three en-suite bedrooms, a refined library or secondary office, and a striking glass-wrapped flex space—engineered for a gym, studio, or collector’s showcase—offer versatility without compromise. Every finish reflects uncompromising quality: 3” mitered quartz and quartzite surfaces, Miele appliances, solid brass fixtures, bespoke cabinetry, solid-core doors, premium window systems, and architecturally expressive ceiling treatments.

At $1,239/sqft, this home is priced 217% 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

20640 Moreh Peak Pass, Austin, TX 78738

Property Details

Price $8,300,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 3
Living Area 6,700 sqft
Lot Size 32.33 acres (1,408,251.24 sqft)
Year Built 2028
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Preservation Ranch
County Travis
Zip Code 78738
$/sqft $1,239/sqft
Days on Market ,
HOA $5,100/Annually
Annual Tax Est. $60.9
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226438141
List Date April 15, 2026
Elementary School Bee Cave
Middle School Bee Cave Middle School
High School Lake Travis
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.

Schedule a Call →

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
4416 AMARRA Dr
Amarra Drive Ph 02
$7,995,000 $1,046 5 bd / 7 ba 7,643 sqft , 2025-09-30
101 Stratford Reserve Pl
Estates On Stratford Mountain
$7,950,000 $1,320 5 bd / 6 ba 6,021 sqft , 2026-04-03
12890 Park Dr
Hughes Park
$8,995,000 $1,509 5 bd / 7 ba 5,960 sqft , 2026-03-20
14419 Agarita Rd #D
Estates At Commanders Point
$8,999,000 $1,867 5 bd / 6 ba 4,821 sqft , 2026-07-25
2308 Hartford Rd
Sunset Hill Enfield 02
$7,425,000 $1,401 5 bd / 7 ba 5,300 sqft , 2026-03-31

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
$39,840/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
$1,660,000
20% conventional investment loan

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

Estimated Gross Rent+$39,840
Principal + Interest−$45,297
Property Tax (~2.1% TX avg)−$14,525
Insurance (~0.5%)−$3,458
Est. Monthly Cash Flow $-23,440

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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