Active Listing  ·  11 days on market

2603 Indian Creek Rd

Austin, TX 78734
$639,000
3 Bed 3 Bath 2,360 sqft $271/sqft Built 2006 0.33 acres 2-Car Garage Pool Apache Shores

Living in Apache Shores means starting your mornings with quiet canyon breezes and spending your weekends out on Lake Austin. This flexible floor plan offers 3 bedrooms, 2.5 bathrooms plus a study (could serve as 4th bd with addition of closet), bringing that laid-back Hill Country lifestyle right to your back door, with access to the private neighborhood boat ramp, community pool, sport courts, and miles of hiking trails. Tucked off Ranch Road 620 in Lake Travis ISD, Apache Shores keeps you surrounded by nature while staying less than 21 miles from Downtown Austin and under 30 miles from the Austin airport. You step right into the 2nd floor, where an easy layout connects the living room, kitchen, and dining area. A floor-to-ceiling stone fireplace sits at the center of the living room, framed by custom built-in benches for gathering with friends or showing off favorite treasures. The kitchen pairs custom cabinetry with stainless appliances, granite countertops, and a large center island with a breakfast bar. Right outside, a balcony runs along the back of the house, offering an open space to drink morning coffee with sunrise views, host an evening BBQ, or take in the sweeping views. This main floor also houses the laundry room, a bonus room, and a half bath. Head downstairs to find a spacious primary suite finished with stained concrete floors and its own private doorway out to the lower deck. The attached primary bathroom offers double vanities, a soaking tub, and a separate step-in shower. Two additional bedrooms share a Jack-and-Jill bath on this lower level, giving visitors their own cozy space. The back deck steps down into a private yard designed for outdoor living. Gather around the fire pit on cool nights, or head through the back gate which opens right onto the spring-fed creek, greenbelt, and neighborhood trails. Nearby spots like the Hill Country Galleria, dining along RR 620, and Mansfield Dam Park make it simple to pop out for groceries or dinner.

At $271/sqft, this home is 31% 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

2603 Indian Creek Rd, Austin, TX 78734

Property Details

Price $639,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,360 sqft
Lot Size 0.33 acres (14,165.71 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Apache Shores
County Travis
Zip Code 78734
$/sqft $271/sqft
Days on Market ,
HOA $125/Annually
Annual Tax Est. $10,546.5
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246386101
List Date September 11, 2026
Elementary School Lake Travis
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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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
14905 Oklahoma St
Mountain View
$640,000 $302 3 bd / 3 ba 2,121 sqft , 2026-07-31
14506 Debba Dr
Apache Shores Sec 07
$659,000 $273 3 bd / 3 ba 2,414 sqft , 2026-07-14
3113 Chisholm Trl
Apache Shores 01 Instl
$589,000 $286 3 bd / 3 ba 2,061 sqft , 2026-07-23
2302 Quanah Parker Trl
Apache Shores Sec 03 Amd
$589,000 $299 4 bd / 3 ba 1,970 sqft , 2026-09-10
15101 Foy Dr
Cardinal Hills Estates Unit 11
$697,000 $376 3 bd / 3 ba 1,855 sqft , 2025-01-29

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
$3,067/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
$127,800
20% conventional investment loan

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

Estimated Gross Rent+$3,067
Principal + Interest−$3,487
Property Tax (~2.1% TX avg)−$1,118
Insurance (~0.5%)−$266
Est. Monthly Cash Flow $-1,804

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 21, 2026.

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