Active Listing  ·  109 days on market

2407 Skywalk Ln #61

Spicewood, TX 78669
$824,990
4 Bed 4 Bath 3,712 sqft $222/sqft Built 2019 0.44 acres 3-Car Garage Pool Summit/Lk Travis Residential C

OWNER FINANCING AVAILABLE AT 5% INTEREST RATE! CALL LISTING AGENT FOR DETAILS AND START LIVING AND SAVING NOW! Experience unparalleled luxury and breathtaking panoramas at this spectacular 3,712 sq. ft. Drees custom home, perfectly positioned to capture sweeping views of Lake Travis. Boasting 4 spacious bedrooms and 4 bathrooms, this residence combines modern elegance with premium comfort. Step inside to a sun-drenched, open-concept floor plan highlighted by soaring vaulted ceilings and rich hardwood floors. The heart of the home is a chef’s dream kitchen, complete with crisp white cabinetry, a built-in gas range, double ovens, and a massive center island. This culinary space flows seamlessly into the inviting living room, where large windows frame picturesque Hill Country views. The layout features two bedrooms on the main level, including the opulent primary suite. This serene retreat boasts a spa-like en-suite bathroom with a frameless glass shower, a large soaking tub, brilliant natural light, and an expansive walk-in closet. A dedicated home office & formal dining room complete the first floor. Upstairs, discover the ultimate entertainment zone with a large game room and a private media room. Step out onto the covered balcony to savor captivating views of Lake Travis—the perfect vantage point for watching incredible morning sunrises. Outdoor living is equally impressive. The covered back patio features a cozy outdoor fireplace and premium motorized bug screens by Shading Texas, allowing you to enjoy the breeze in total comfort year-round. Exceptional upgrades elevate this home, including Designer Plantation Shutters with 4.5" painted clear view louvers in all bedrooms, and Alta Woven Shades in the living area, dining room, and office. It also maintains years of its structural warranty 3/30/2030. This home is move-in ready & immaculate & boasts a 3-car garage, low 1.6% tax rate, & minimal HOA, within the acclaimed Lake Travis School District.

At $222/sqft, this home is 56% below the Spicewood active market average of $509/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2407 Skywalk Ln #61, Spicewood, TX 78669

Property Details

Price $824,990
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 3,712 sqft
Lot Size 0.44 acres (19,040.08 sqft)
Year Built 2019
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Summit/Lk Travis Residential C
County Travis
Zip Code 78669
$/sqft $222/sqft
Days on Market ,
HOA $450/Quarterly
Annual Tax Est. $12,707.02
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232798958
List Date June 6, 2026
Elementary School Rough Hollow
Middle School Lake Travis
High School Lake Travis
School District ,

Luke Allen (TREC #788149) has deep knowledge of Spicewood 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 · June 6, 2026 $839,000
Current ask $824,990
Reduced $14,010 (-1.7%) 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 Spicewood

Comparable Listings Right Now

Homes currently for sale in Spicewood 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
107 Cascading Waters Pl
Rough Hollow- Lake Ridge
$849,000 $282 4 bd / 4 ba 3,008 sqft , 2026-01-28
404 Marina View Way
Villas At Rough Hollow South S
$740,000 $285 4 bd / 4 ba 2,597 sqft , 2026-09-11
3610 Crosswind Dr
Crosswind
$915,000 $343 4 bd / 3 ba 2,665 sqft , 2026-09-02
105 Cascading Water Pl
Rough Hollow
$725,000 $280 4 bd / 3 ba 2,591 sqft , 2026-02-25
19618 Summit Glory Trl #5
Summit at Lake Travis
$699,999 $282 4 bd / 3 ba 2,480 sqft , 2026-07-04

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
$3,960/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
$164,998
20% conventional investment loan

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

Estimated Gross Rent+$3,960
Principal + Interest−$4,502
Property Tax (~2.1% TX avg)−$1,444
Insurance (~0.5%)−$344
Est. Monthly Cash Flow $-2,330

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 Spicewood, TX

Spicewood 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 3, 2026.

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