Active Listing  ·  21 days on market

2316 River Hills Rd

Austin, TX 78733
$1,100,000
1 Bed 1 Bath 705 sqft $1,560/sqft Built 1965 1.02 acres 2-Car Garage Pool Travis Southwest

Escape to your own Hill Country retreat at 2316 River Hills Rd, Austin, TX. Nestled on just over an acre, this charming 1-bedroom, 1-bath fishing shack is the perfect getaway for anglers, nature lovers, or anyone seeking a peaceful escape from the city. Surrounded by mature trees and the natural beauty of the Texas Hill Country, the property offers privacy, tranquility, and endless potential.

Ideally located just minutes from Lake Austin and a short drive to Lake Travis you'll enjoy easy access to boating, fishing, kayaking, and waterfront recreation. Nearby destinations such as Commons Ford Ranch Metropolitan Park, Emma Long Metropolitan Park, and the popular 360/Pennybacker Bridge provide hiking, swimming, scenic overlooks, and outdoor adventures, while downtown Austin's dining, shopping, and entertainment remain within convenient reach. Whether you're looking for a weekend fishing cabin, a cozy full-time residence, or an investment opportunity, this unique property offers a rare chance to enjoy the best of lakeside and Hill Country living.

At $1,560/sqft, this home is priced 299% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2316 River Hills Rd, Austin, TX 78733

Property Details

Price $1,100,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 705 sqft
Lot Size 1.02 acres (44,344.08 sqft)
Year Built 1965
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Travis Southwest
County Travis
Zip Code 78733
$/sqft $1,560/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $3,808
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239268994
List Date July 14, 2026
Elementary School Valley View
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
1511 Holly St
Free & Williams
$899,000 $1,635 2 bd / 1 ba 550 sqft , 2025-06-09
44 East Ave #1808
44 East Ave
$875,000 $1,103 2 bd / 2 ba 793 sqft , 2026-03-20
1104 Brass St
Buratti & Cherico
$850,000 $1,362 2 bd / 1 ba 624 sqft , 2026-05-30
613 Peacock Ln
Decker
$775,000 $1,345 1 bd / 1 ba 576 sqft , 2026-07-31
13527 Bullick Hollow Rd
Anderson Mill Lake Sites
$749,000 $925 2 bd / 1 ba 810 sqft , 2025-08-17

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
$5,280/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
$220,000
20% conventional investment loan

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

Estimated Gross Rent+$5,280
Principal + Interest−$6,003
Property Tax (~2.1% TX avg)−$1,925
Insurance (~0.5%)−$458
Est. Monthly Cash Flow $-3,106

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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