Active Listing  ·  28 days on market

215 Lodestone Ln

Austin, TX 78738
$1,600,000
5 Bed 6 Bath 4,632 sqft $345/sqft Built 2017 0.66 acres 3.5-Car Garage Pool The Estates Of Flintrock

Nestled on a premium greenbelt lot in the prestigious Estates of Flintrock, this stunning 5-bedroom, 4-full-bath, 2-half-bath residence offers luxury living, breathtaking Hill Country views, and a one-of-a-kind upstairs balcony. Enjoy morning coffee or spectacular sunsets from this private outdoor retreat.

A grand foyer welcomes you with soaring ceilings, a sweeping curved staircase, rich hardwood floors, and abundant natural light. The thoughtfully designed floor plan includes two bedrooms on the main level, ideal for guests, multigenerational living, or a home office.

The heart of the home is filled with natural light from a dramatic wall of windows showcasing the greenbelt and panoramic views. Open-concept living flows seamlessly into the kitchen and dining areas, creating the perfect setting for everyday living and entertaining. A dedicated media room is ideal for movie nights, game days, and gatherings.

The spacious primary suite features expansive windows, a tray ceiling, tranquil views, and direct access from the closet to the laundry room. Upstairs, the exclusive balcony offers sweeping Hill Country views and unforgettable sunsets.

Step outside to a resort-style backyard backing to the greenbelt with a sparkling pool and spa, expansive patio, and a fully equipped outdoor kitchen with a built-in grill and fireplace. Landscape and architectural lighting create a stunning evening ambiance.

Additional highlights include two tankless water heaters, a whole-home water softener, and an oversized 3.5-car garage. Combined with low tax and HOA fees, this home offers an exceptional lifestyle in one of Lakeway's most sought-after communities. With breathtaking views, resort-style outdoor living, elegant architectural details, and its signature balcony, this Estates of Flintrock residence is a rare opportunity.

At $345/sqft, this home is 12% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

215 Lodestone Ln, Austin, TX 78738

Property Details

Price $1,600,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 2
Living Area 4,632 sqft
Lot Size 0.66 acres (28,841.08 sqft)
Year Built 2017
Garage 3.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision The Estates Of Flintrock
County Travis
Zip Code 78738
$/sqft $345/sqft
Days on Market ,
HOA $720/Annually
Annual Tax Est. $29,804.16
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236532649
List Date July 7, 2026
Elementary School Lakeway
Middle School Hudson Bend
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
9512 Vera Cruz Rd
Granada Oaks
$1,600,000 $479 4 bd / 4 ba 3,338 sqft , 2026-07-09
10103 Milky Way Dr
River Place, Milky Way at River Place
$1,599,990 $411 5 bd / 4 ba 3,895 sqft , 2025-08-04
8004 Golden Oaks Ln
Goldenwood Sec 1
$1,599,000 $377 6 bd / 4 ba 4,242 sqft , 2026-05-15
3138 Chisholm Trl
Apache Shores 01 Instl
$1,599,000 $437 5 bd / 4 ba 3,658 sqft , 2026-07-06
1404 Justin Ln
crestview
$1,599,000 $459 6 bd / 5 ba 3,487 sqft , 2026-07-10

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
$7,680/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
$320,000
20% conventional investment loan

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

Estimated Gross Rent+$7,680
Principal + Interest−$8,732
Property Tax (~2.1% TX avg)−$2,800
Insurance (~0.5%)−$667
Est. Monthly Cash Flow $-4,519

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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