Active Listing  ·  20 days on market

213 Lake Como Dr

Lakeway, TX 78734
$1,150,000
5 Bed 5 Bath 4,060 sqft $283/sqft Built 2013 0.26 acres 3-Car Garage Pool North Lakeway Village Sec 06

Set behind the gates of the Lakeside community in North Lakeway Village, this two-story home is a short walk to Hurst Harbor Marina and pairs a $150,000 backyard transformation with an updated kitchen and flexible living spaces built for everyday life. The gourmet kitchen features a grand island, a microwave & oven combo, a walk-in pantry, and a breakfast area, all open to the living room and its fireplace beneath vaulted ceilings that stretch the space upward. Cabinetry throughout the kitchen and primary bathroom was upgraded in 2024 with pull-out storage and organizational features, and the primary bathroom countertops and kitchen backsplash bring polish to the finishes. Five bedrooms total, with two bedrooms and an office/study on the main floor, giving work-from-home flexibility without sacrificing a bedroom upstairs, plus three additional bedrooms upstairs alongside a game room that opens to a private balcony. Closets throughout run larger than standard, and flooring in the living room, dining room, and office was updated after the current owners moved in. Custom storage units line both garages for organization beyond the everyday. The standout addition is the backyard: a 2025 project added an extensive patio and a Michael Phelps Momentum Deep swim spa by Master Spas, where the yard was previously open grass. The result is a private outdoor retreat built for relaxing and entertaining, with that same flexible, everyday-living approach carried inside from the office/study to the upstairs game room. North Lakeway Village provides convenient access to boating, water recreation, and area trails, plus minutes to Lake Travis and multiple golf courses. The home is zoned to Lake Travis ISD. Hill Country Galleria and the shops of Old Lakeway are a short drive away, and downtown Austin remains accessible for work and entertainment. Custom garage storage, updated flooring, and refreshed cabinetry round out a home built for practical, everyday living in the Hill Country.

At $283/sqft, this home is 13% 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

213 Lake Como Dr, Lakeway, TX 78734

Property Details

Price $1,150,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 4,060 sqft
Lot Size 0.26 acres (11,464.99 sqft)
Year Built 2013
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision North Lakeway Village Sec 06
County Travis
Zip Code 78734
$/sqft $283/sqft
Days on Market ,
HOA $130/Monthly
Annual Tax Est. $12,393.99
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243520888
List Date September 3, 2026
Elementary School Lake Travis
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.

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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
16308 Lake Loop
Buffalo Gap
$1,115,000 $341 4 bd / 4 ba 3,274 sqft , 2026-07-01
215 Lake Como Dr
North Lakeway Village Sec 06
$1,030,000 $282 4 bd / 5 ba 3,648 sqft , 2026-06-05
15103 Nightingale Ln
Cardinal Hills Unit 01
$1,349,999 $452 4 bd / 4 ba 2,984 sqft , 2026-07-31
101 Indian Bend Dr
Lakeway
$935,000 $287 4 bd / 3 ba 3,253 sqft , 2026-09-19
220 Clubhouse Dr
Lakeway
$865,000 $301 4 bd / 4 ba 2,870 sqft , 2026-06-02

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
$5,520/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
$230,000
20% conventional investment loan

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

Estimated Gross Rent+$5,520
Principal + Interest−$6,276
Property Tax (~2.1% TX avg)−$2,013
Insurance (~0.5%)−$479
Est. Monthly Cash Flow $-3,248

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 5, 2026.

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