Active Listing  ·  2 days on market

2108 Matthews Dr

Austin, TX 78703
$3,899,000
4 Bed 4 Bath 3,034 sqft $1,285/sqft Built 2015 0.17 acres Pool Laurel Heights

The Matthews Residence | Designed by architect Jay Corder, with interiors by Kasey McCarty and construction by Alan Muskin, 2108 Matthews Drive is a modern architectural masterpiece in the heart of Tarrytown where light, material, and landscape are composed with uncommon precision. Built in 2015, the residence spans 3,034 square feet with 4 bedrooms and 3.5 baths.

Floor-to-ceiling glass frames captivating views of Lake Austin and the Westlake hills while drawing natural light throughout. Inside, European white oak floors and marble baths establish the foundation, elevated by upgrades including full-height Calacatta-style Laminam porcelain slab, custom Bellmont cabinetry in Rift White Oak with Onyx stain, and a gallery-quality living room media wall with antique mirror backing and integrated lighting.

The backyard extends the living space with a pool, outdoor kitchen, and fire pit, all framed by Leuder stone, corten steel, and mature landscaping. The primary suite anchors the second level with a private balcony and elevated views of Westlake Hills and Lake Austin.

Timeless in design and intentional in execution, The Matthews Residence is a rare opportunity to own a home of lasting architectural relevance in Tarrytown.

At $1,285/sqft, this home is priced 229% 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

2108 Matthews Dr, Austin, TX 78703

Property Details

Price $3,899,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,034 sqft
Lot Size 0.17 acres (7,287.59 sqft)
Year Built 2015
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Laurel Heights
County Travis
Zip Code 78703
$/sqft $1,285/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $56,680
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242085761
List Date August 2, 2026
Elementary School Casis
Middle School O Henry
High School Austin
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
501 Drawbridge Rd
Camelot
$3,900,000 $1,582 5 bd / 2 ba 2,466 sqft , 2026-05-30
12417 River Bnd #8
Freund Sleepy Hollow Lake Aust
$3,850,000 $1,081 5 bd / 5 ba 3,560 sqft , 2026-06-18
3214 Smoky Rdg
Oak Shores On Lake Austin Sec
$3,950,000 $1,646 4 bd / 2 ba 2,400 sqft , 2025-09-26
4424 Eck Ln
ECK L T
$3,989,900 $1,032 5 bd / 4 ba 3,866 sqft , 2025-10-03
1810 Rockcliff Rd
Windy Cove
$3,995,000 $1,806 4 bd / 3 ba 2,212 sqft , 2026-05-18

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
$18,715/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
$779,800
20% conventional investment loan

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

Estimated Gross Rent+$18,715
Principal + Interest−$21,278
Property Tax (~2.1% TX avg)−$6,823
Insurance (~0.5%)−$1,625
Est. Monthly Cash Flow $-11,011

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →