Active Listing  ·  182 days on market

2300 Barton Creek Blvd #15

Austin, TX 78735
$3,275,000
4 Bed 4 Bath 4,147 sqft $790/sqft Built 1999 0.53 acres 3-Car Garage Pool Governors Hill Condo Amd

*Sellers will consider a 2:1 rate buy-down depending on offer.*

Fully reimagined residence in the gated Governor’s Hill enclave presents an increasingly rare offering in Barton Creek.

A true down-to-the-studs seven-figure renovation with sweeping (and arguably the best) 180 degree Hill Country, golf course, and greenbelt views, where the landscape becomes the focal point from nearly every room. A rare lock-and-leave opportunity in one of Austin’s most established private communities.

Spanning approximately 4,147 square feet, the home has been thoughtfully redesigned with a focus on clean lines and elevated materials. Hand-selected Italian marble, wide-plank white oak flooring, level five drywall, custom cabinetry, designer lighting, and a paneled JennAir appliance package define the interiors. Walls of glass frame the surrounding terrain, filling the home with natural light and opening to multiple terraces designed for seamless indoor-outdoor living.

The layout prioritizes simplicity and livability. The main level features two bedrooms, including a primary suite with dual closets, along with open living and dining spaces, a wet bar, and direct access to the heated pool and spa. A three-car garage adds flexibility rarely found in this segment. The primary suite also connects to an adjacent office that can be incorporated for expanded closet space if desired.

Upstairs, two ensuite bedrooms and a separate living or media space with a private balcony create a quiet, self-contained retreat for guests.

The home offers a level of privacy that is increasingly difficult to find, while remaining minutes from downtown and the airport. A Barton Creek Country Club property owner membership conveys (see agent for details). The Greenbelt is also just moments away. Smart home features and integrated Sonance by Sonos audio complete the home.

This home represents one of the more compelling opportunities for a fully renovated, view-oriented home in Barton Creek.

At $790/sqft, this home is priced 101% 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

2300 Barton Creek Blvd #15, Austin, TX 78735

Property Details

Price $3,275,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 4,147 sqft
Lot Size 0.53 acres (23,261.04 sqft)
Year Built 1999
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Governors Hill Condo Amd
County Travis
Zip Code 78735
$/sqft $790/sqft
Days on Market ,
HOA $450/Quarterly
Annual Tax Est. $25,052.91
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223790323
List Date March 25, 2026
Elementary School Oak Hill
Middle School O Henry
High School Austin
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 →

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 · March 25, 2026 $3,495,000
Previous ask $3,349,000
Current ask $3,275,000
Reduced $220,000 (-6.3%) 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
701 Furlong Dr
Rob Roy on the Creek
$3,200,000 $802 5 bd / 4 ba 3,992 sqft , 2026-09-09
3735 Lost Creek Blvd
Estates Above Lost Creek
$2,999,500 $609 4 bd / 5 ba 4,925 sqft , 2026-06-26
3210 Lacevine Ln
Estates Above Lost Creek in Barton Creek
$2,850,000 $728 4 bd / 4 ba 3,916 sqft , 2026-07-11
8734 Chalk Knoll Dr
Barton Creek Abc Mid Dec
$2,280,000 $492 4 bd / 5 ba 4,637 sqft , 2026-08-06

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
$15,720/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
$655,000
20% conventional investment loan

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

Estimated Gross Rent+$15,720
Principal + Interest−$17,873
Property Tax (~2.1% TX avg)−$5,731
Insurance (~0.5%)−$1,365
Est. Monthly Cash Flow $-9,249

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 29, 2026.

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