Active Listing  ·  74 days on market

219 Varco Dr

Austin, TX 78738
$947,000
4 Bed 4 Bath 3,866 sqft $245/sqft Built 2008 0.31 acres 3-Car Garage Pool Ridge At Alta Vista Resub

Located on a quiet street within the gated Ridge at Alta Vista community, this 4-bedroom home offers the perfect blend of functionality, and room to grow.

From the moment you arrive, a recently updated front door invites you home. Expansive windows dressed with plantation shutters flood the home with natural light, creating a warm and inviting atmosphere throughout. The oversized family room anchors the main level with a cozy gas fireplace and sweeping views of the backyard — an ideal setting for relaxed evenings at home.

The open-concept kitchen flows seamlessly from the family room, featuring granite countertops, stainless steel appliances, and a gas cook top — everything you need for both weeknight dinners and weekend entertaining. A dedicated main-level office adds flexibility for today's work-from-home lifestyle, while the generous primary suite impresses with tray ceilings, plantation shutters, and brand-new carpet.

Head upstairs to discover three additional bedrooms, two full baths, a game room, and a media room pre-wired for sound — plus an impressive 800+ sq ft walk-in storage space that rarely comes standard.

Outside, the large lot offers plenty of room to design your dream pool, and practical touches like a side-entry 3-car garage round out this exceptional home. Add in a low 1.84% tax rate and coveted Lake Travis ISD schools, all just minutes from the shops and dining of Lakeway and Bee Cave, and this one truly checks every box. Community amenities include: Clubhouse, fitness center, community pool, playground, lighted tennis, pickle ball and basketball courts and community events.

At $245/sqft, this home is 37% 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

219 Varco Dr, Austin, TX 78738

Property Details

Price $947,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,866 sqft
Lot Size 0.31 acres (13,420.84 sqft)
Year Built 2008
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Ridge At Alta Vista Resub
County Travis
Zip Code 78738
$/sqft $245/sqft
Days on Market ,
HOA $150/Monthly
Annual Tax Est. $16,916.67
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231088397
List Date May 22, 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
5801 Leckrone Cv
Lantana Sec 04
$947,000 $268 5 bd / 4 ba 3,540 sqft , 2026-04-20
9500 Corbe Dr
Canyon Creek Sec 29
$948,800 $260 5 bd / 4 ba 3,649 sqft , 2026-07-29
145 Cistern Way
Parten Ranch Ph 1
$945,000 $204 4 bd / 5 ba 4,640 sqft , 2026-03-18
10400 Roy Butler Dr
Avery Ranch North Sec 01 Pud Amd
$945,000 $238 5 bd / 4 ba 3,976 sqft , 2026-04-23
13306 Montview Dr
Montview Acres
$945,000 $286 4 bd / 3 ba 3,300 sqft , 2026-05-14

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
$4,546/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
$189,400
20% conventional investment loan

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

Estimated Gross Rent+$4,546
Principal + Interest−$5,168
Property Tax (~2.1% TX avg)−$1,657
Insurance (~0.5%)−$395
Est. Monthly Cash Flow $-2,674

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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