Active Listing  ·  27 days on market

217 Sailors Run

Lakeway, TX 78734
$625,000
4 Bed 3 Bath 2,479 sqft $252/sqft Built 1994 0.36 acres 2-Car Garage Pool Lohmans Crossing Estates Sec 5

Lakeway living gets especially good at the end of this quiet cul-de-sac in Lohmans Crossing Estates, one of Lake Travis’ most desirable, well-established communities. Set on a generous .37-acre lot shaded by mature trees and native landscaping, this two-story home offers the space, privacy and laid-back lake lifestyle that make this neighborhood so desirable.

Inside, the main level opens to a flexible living and dining space with wide-cut tile flooring, fresh neutral paint, bay windows and a modern chandelier. Beyond it, the sun-filled kitchen and family room are wrapped in windows overlooking the park-like backyard. The kitchen features granite countertops and stainless appliances, while the family room centers around a striking red-brick fireplace.

Upstairs, four generously sized bedrooms give everyone room to spread out. The primary suite features soaring ceilings and a fully renovated ensuite with a deluxe walk-in shower and premium shower head system. Three additional bedrooms can flex for guests, work-from-home space, hobbies or media. A second full bath and laundry room complete the upper level, while a powder room and under-stair storage add convenience downstairs.

Out back, the .37-acre setting comes into its own with al fresco and covered patios, hot tub, mature gardens, rock retaining walls and shady tree groves made for slow afternoons and hammock lounging.

Residents enjoy quick access to the Hamilton Greenbelt and Lakeway City Park. Add Lake Travis ISD schools, nearby golf, shopping and dining along 620, plus the Hill Country Galleria just minutes away, and the everyday lifestyle is hard to beat.

This is Lakeway living at its best: a peaceful cul-de-sac setting, room to spread out, and an easy connection to the lake lifestyle that makes Lohmans Crossing Estates so special.

At $252/sqft, this home is 23% 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

217 Sailors Run, Lakeway, TX 78734

Property Details

Price $625,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,479 sqft
Lot Size 0.36 acres (15,899.4 sqft)
Year Built 1994
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lohmans Crossing Estates Sec 5
County Travis
Zip Code 78734
$/sqft $252/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,435.79
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244530915
List Date August 27, 2026
Elementary School Serene Hills
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 →

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
415 Hazeltine Dr
Lakeway Sec Clusters 28 04
$625,000 $292 3 bd / 3 ba 2,141 sqft , 2026-08-06
106 White Sands Dr
Lakeway Sec 26
$620,000 $303 3 bd / 3 ba 2,046 sqft , 2026-08-31
124 Firebird St
Lakeway Sec 17A
$632,000 $280 3 bd / 3 ba 2,256 sqft , 2026-07-21
406 Hazeltine Dr
Lakeway Sec Clusters 28 04
$614,999 $223 3 bd / 4 ba 2,752 sqft , 2026-04-09
104 Morning Cloud St
Lakeway Sec 24-C
$639,000 $243 4 bd / 3 ba 2,628 sqft , 2026-05-16

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
$3,000/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
$125,000
20% conventional investment loan

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

Estimated Gross Rent+$3,000
Principal + Interest−$3,411
Property Tax (~2.1% TX avg)−$1,094
Insurance (~0.5%)−$260
Est. Monthly Cash Flow $-1,765

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

More Luxury Homes in Lakeway

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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 22, 2026.

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