Active Listing  ·  34 days on market

220 Mediterra Pt

Austin, TX 78732
$850,000
4 Bed 4 Bath 2,949 sqft $288/sqft Built 2008 0.17 acres 2-Car Garage Pool River Dance Ph 6a

View lots are rare in Bella Mar, and this home has one of the best. Backing to the greenbelt, the property takes in open sightlines from both floors, with no rooftops behind it. The approach sets the tone: an extra-large flat driveway, mature curb appeal, and a front porch with room for seating.

Inside, hardwood floors run through the main living areas. The kitchen has been updated with a flat island that keeps the workspace open and the sightlines clear, and the original columns between the kitchen and living areas were removed — a change that makes the whole main floor read larger and function better for gatherings. A fireplace anchors the living room. The breakfast nook is the surprise of the floor plan, framing the same expansive greenbelt views you get from the back of the house.

The home has four bedrooms and three and a half baths. The primary suite is oversized, with extra-large walk-in closets that solve the storage problem most homes in this price range don't.

Outdoor living is the reason to buy this house. The back deck is partially covered and partially open, so you can sit in the shade or in the sun depending on the hour, and the fully covered patio below extends the usable season. Beyond that, the yard is large and flat — genuinely flat, not graded flat — with room for soccer goals, a trampoline, or a pool if a future owner wants one. There's dedicated garden space as well. The greenbelt behind gives the yard a sense of privacy and keeps the view permanent.

A two-car garage with substantial storage handles the overflow.

The location within Bella Mar is worth noting. The home sits a few houses from the community pool and center — close enough to walk in a minute, far enough off it to avoid the traffic and parking that comes with being directly adjacent. River Ridge Elementary is nearby. Between the view, the greenbelt frontage, the yard, and the updates already done, this is a home that covers the things buyers usually have to choose between.

At $288/sqft, this home is 27% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

220 Mediterra Pt, Austin, TX 78732

Property Details

Price $850,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,949 sqft
Lot Size 0.17 acres (7,535.88 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision River Dance Ph 6a
County Travis
Zip Code 78732
$/sqft $288/sqft
Days on Market ,
HOA $550/Semi-Annually
Annual Tax Est. $14,549.8
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244076698
List Date August 20, 2026
Elementary School River Ridge
Middle School Canyon Ridge
High School Vandegrift
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
12025 Montclair Bnd
Steiner Ranch Ph 6a
$825,000 $281 4 bd / 4 ba 2,934 sqft , 2026-09-03
12516 Uvalde Creek Dr
Steiner Ranch Ph 01 Sec 09
$785,000 $318 4 bd / 3 ba 2,470 sqft , 2026-05-14
12724 Rush Creek Ln
Steiner Ranch Ph 01 Sec 09
$750,000 $235 4 bd / 4 ba 3,185 sqft , 2026-06-11
12529 Rush Creek Ln
Steiner Ranch Ph 01 Sec 09
$739,900 $237 4 bd / 4 ba 3,125 sqft , 2026-07-27
1308 Sawdust Ct
Steiner Ranch Ph 01 Sec 09
$719,000 $261 4 bd / 3 ba 2,750 sqft , 2026-08-24

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
$4,080/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
$170,000
20% conventional investment loan

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

Estimated Gross Rent+$4,080
Principal + Interest−$4,639
Property Tax (~2.1% TX avg)−$1,488
Insurance (~0.5%)−$354
Est. Monthly Cash Flow $-2,401

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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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 13, 2026.

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