Active Listing  ·  51 days on market

223 Honey Creek Ct #12

Austin, TX 78738
$739,000
3 Bed 3 Bath 1,911 sqft $387/sqft Built 2018 0.16 acres 2-Car Garage Pool Honey Creek

Perched above the surrounding landscape, this beautifully appointed detached condo offers breathtaking Hill Country views and an easy lock-and-leave lifestyle in one of Lakeway's most desirable gated communities. Thoughtfully upgraded throughout, the home features an open-concept floor plan designed for both everyday living and entertaining. The chef-inspired kitchen flows seamlessly into the dining and living areas, where expansive windows frame the scenic views. Custom touches—including decorative ceiling beams, designer accent walls, custom window shades, upgraded interior doors, and elegant quartz countertops—add warmth and sophistication. The spacious primary suite is a true retreat, with panoramic views that can be enjoyed from both the bedroom and spa-like bath. Step outside to the private balcony to unwind with your morning coffee or relax while taking in spectacular sunsets over the Texas Hill Country. This is one of only 3 units in the 30-unit boutique community that offers 2 additional assigned parking spots in addition to the 2 car attached garage. Located just minutes from Baylor Scott & White Medical Center, Lake Travis, Hill Country Galleria, golf courses, restaurants, and everyday conveniences, this home offers the perfect combination of luxury, low-maintenance living, and an exceptional Lakeway location. Zoned to the highly acclaimed Lake Travis ISD.

At $387/sqft, this home is 2% 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

223 Honey Creek Ct #12, Austin, TX 78738

Property Details

Price $739,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,911 sqft
Lot Size 0.16 acres (6,882.48 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Honey Creek
County Travis
Zip Code 78738
$/sqft $387/sqft
Days on Market ,
HOA $250/Monthly
Annual Tax Est. $10,842.77
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242028761
List Date August 3, 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.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · August 3, 2026 $749,000
Current ask $739,000
Reduced $10,000 (-1.3%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
404 Amiata Ave #34
Villas At Tuscan Village Amd
$749,000 $299 3 bd / 3 ba 2,506 sqft , 2026-01-16
215 Honey Creek Ct
HONEY CREEK CONDOMINIUMS
$750,000 $400 3 bd / 3 ba 1,873 sqft , 2026-07-31
211 Honey Creek Ct #6
Honey Creek
$699,999 $368 3 bd / 3 ba 1,903 sqft , 2026-08-24
205 Amiata Ave #96
Villas At Tuscan Village Amd
$699,000 $276 3 bd / 3 ba 2,530 sqft , 2026-04-01
219 Honey Creek Ct #10
Honey Creek
$690,000 $380 3 bd / 3 ba 1,818 sqft , 2026-04-20

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
$3,547/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
$147,800
20% conventional investment loan

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

Estimated Gross Rent+$3,547
Principal + Interest−$4,033
Property Tax (~2.1% TX avg)−$1,293
Insurance (~0.5%)−$308
Est. Monthly Cash Flow $-2,087

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 1, 2026.

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