Active Listing  ·  81 days on market

235 Canyon Turn Trl

Austin, TX 78734
$2,390,000
6 Bed 7 Bath 5,962 sqft $401/sqft Built 2025 0.49 acres 3-Car Garage Pool Rough Hollow Sec 07

Welcome to refined modern living at Waters Edge in Rough Hollow, where timeless architecture, elevated design, and breathtaking Hill Country scenery come together in one extraordinary residence. Built in 2025 by Creekwater Custom Homes, this stunning luxury estate spans approximately 5,962 square feet across two impeccably designed levels, offering sophistication, comfort, and effortless indoor-outdoor living at every turn. From the moment you enter, soaring ceilings, expansive walls of glass, and designer finishes create an atmosphere of understated elegance. The main level is thoughtfully curated for both grand entertaining and everyday living, featuring a private study, an expansive great room, formal dining area, and a chef-inspired kitchen outfitted with premium luxury appliances, a walk-in pantry, and an oversized center island ideal for gathering. A dramatic floor-to-ceiling stone fireplace anchors the living room while panoramic canyon views provide a spectacular natural backdrop. The serene primary suite is a private retreat complete with a spa-inspired bath featuring a soaking tub, oversized walk-in shower, custom-designed closet, and tranquil wooded vistas. A beautifully appointed guest suite on the main floor ensures comfort and privacy for visitors. Designed for unforgettable entertaining, the lower level features a barrel-ceiling home theater, expansive game room, stylish bar, and temperature-controlled wine cellar. Three additional ensuite bedrooms provide generous accommodations for family and guests alike. Outdoors, multiple covered terraces invite year-round enjoyment with a resort-style pool and spa, summer kitchen, firepit, and sweeping canyon views.

Located just 30 minutes from downtown Austin, Rough Hollow offers direct Lake Travis access, a world-class marina, yacht club, Canyon Grille, fitness center, hike and bike trails, golf, tennis, and exceptional resort-style amenities for the ultimate lakeside lifestyle. Come live the "Rough Life".

At $401/sqft, this home is priced 3% 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

235 Canyon Turn Trl, Austin, TX 78734

Property Details

Price $2,390,000
Status Active Listing
Beds 6
Full Baths 5
Half Baths 2
Living Area 5,962 sqft
Lot Size 0.49 acres (21,261.64 sqft)
Year Built 2025
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Rough Hollow Sec 07
County Travis
Zip Code 78734
$/sqft $401/sqft
Days on Market ,
HOA $2,200/Annually
Annual Tax Est. $47,859.36
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230080286
List Date May 15, 2026
Elementary School Rough Hollow
Middle School Bee Cave Middle School
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.

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
6103 Twin Ledge Dr
Cat Mountain Villas Sec 01
$2,395,000 $515 5 bd / 5 ba 4,648 sqft , 2026-07-17
3604 Tom Miller St
Mueller Sec 11 Sub
$2,400,000 $607 5 bd / 6 ba 3,954 sqft , 2026-06-12
8910 Wildridge Dr
Northwest Estates Sec 02
$2,325,000 $592 5 bd / 5 ba 3,930 sqft , 2025-02-27
1119 Fairmount Ave
Travis Heights
$2,480,000 $632 5 bd / 5 ba 3,925 sqft , 2026-02-20
5900 Moondust Ln
Milky Way/River Place Condos
$2,299,000 $516 5 bd / 7 ba 4,455 sqft , 2026-02-14

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
$11,472/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
$478,000
20% conventional investment loan

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

Estimated Gross Rent+$11,472
Principal + Interest−$13,043
Property Tax (~2.1% TX avg)−$4,183
Insurance (~0.5%)−$996
Est. Monthly Cash Flow $-6,750

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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