Active Listing  ·  26 days on market

2207 Cypress Pt E

Austin, TX 78746
$1,650,000
5 Bed 4 Bath 3,811 sqft $433/sqft Built 1978 0.87 acres 2-Car Garage Pool Lost Creek Sec 01

This exceptional 5-bedroom home in sought-after Lost Creek is now available. Offering elevated treetop living, serene outdoor spaces, privacy plus hill country views. Where space, location, and livability come together. Situated on a generous lot, this home offers a wonderful combination of ample indoor and outdoor living spaces with abundance of natural light. This floor plan is especially hard to find in Lost Creek and provides flexibility for guests, a home office, or additional living spaces. The updated kitchen with large center island and hardwood flooring opens seamlessly to the great room, creating a welcoming hub for everyday living and entertaining. Two fireplaces add warmth and character, while the exceptional multi-level Brazilian Ipe outdoor deck extends the living space and provides an inviting setting for morning coffee, al fresco dining, relaxing, or entertaining. The upside-down design offers main living spaces raised to accentuate the views and treetop setting. Master on "main" level, 4 spacious bedrooms, a game room with sink + plentiful storage throughout. This property backs to a peaceful green space with beautiful oaks and access to Lost Creek trailhead. Convenient access to Austin-Bergstrom International Airport and the many amenities of all things Austin. An added plus is the rated A Eanes School district.

At $433/sqft, this home is priced 10% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2207 Cypress Pt E, Austin, TX 78746

Property Details

Price $1,650,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 3,811 sqft
Lot Size 0.87 acres (37,984.32 sqft)
Year Built 1978
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lost Creek Sec 01
County Travis
Zip Code 78746
$/sqft $433/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245005215
List Date August 28, 2026
Elementary School Forest Trail
Middle School West Ridge
High School Westlake
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.

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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
1528 Ben Crenshaw Way
Lost Creek Sec 03-A
$1,799,000 $550 4 bd / 3 ba 3,269 sqft , 2026-08-24
6300 Augusta National Cv
Lost Creek Sec 02
$1,875,000 $497 5 bd / 5 ba 3,770 sqft , 2026-09-22
1603 Falcon Ledge Dr
Lost Creek Sec 03-A
$2,150,000 $605 4 bd / 4 ba 3,554 sqft , 2026-09-09

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
$7,920/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
$330,000
20% conventional investment loan

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

Estimated Gross Rent+$7,920
Principal + Interest−$9,005
Property Tax (~2.1% TX avg)−$2,888
Insurance (~0.5%)−$688
Est. Monthly Cash Flow $-4,661

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 August 31, 2026.

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