Active Listing  ·  7 days on market

2908 Popano Cv

Austin, TX 78746
$3,100,000
4 Bed 5 Bath 4,863 sqft $637/sqft Built 1997 0.42 acres 3-Car Garage Pool Westview On Lake Austin Ph C Sec 02

Timeless architecture, crafted interiors and modern updates distinguish this Mediterranean-inspired residence in West Rim Estates. Set on a quiet cul-de-sac beneath mature trees, the home sits on 0.42 acres adjoining the greenbelt. Substantial millwork, distinctive ceilings and extensive built-ins lend enduring character. A stucco facade, tile roof and columned front porch create a gracious arrival, with glass-paneled double doors opening to rich hardwood floors, graceful arches and wood-beamed ceilings. Wide openings connect the living and dining spaces, where expansive windows and a fireplace flanked by illuminated built-ins create an inviting setting. Iron staircase railings and an upstairs library gallery add distinction. The kitchen pairs marble countertops and an oversized island with Sub-Zero refrigeration, a stainless steel range and hood, and extensive cabinetry. Tall, arched-top windows above the counters and white tile extending up the walls add texture and architectural interest. French doors open to a columned veranda, connecting indoor and outdoor entertaining. The primary suite features windows on multiple sides, direct veranda access and a renovated bathroom with marble and stone finishes, a freestanding soaking tub and dual vanities. Updates by Risher Martin Fine Homes, with architecture and interior design collaboration from The Bommarito Group, extend to a dedicated office and lighting throughout. Just under 5,000 square feet include four bedrooms, four-and-a-half baths, two offices and an upstairs media room with built-in cabinetry and workspace. Two bedrooms are on the main level, and one office easily converts back to a fifth bedroom.Andersen windows, Crestron automation, an upper balcony, a firepit and a three-car garage with epoxy flooring and workshop space complete the property. Within gated West Rim Estates and Eanes ISD, 2908 Popano Cove brings together enduring craftsmanship, modern comfort and room to make it your own.

At $637/sqft, this home is priced 63% 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

2908 Popano Cv, Austin, TX 78746

Property Details

Price $3,100,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 4,863 sqft
Lot Size 0.42 acres (18,382.32 sqft)
Year Built 1997
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Westview On Lake Austin Ph C Sec 02
County Travis
Zip Code 78746
$/sqft $637/sqft
Days on Market ,
HOA $325/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249762343
List Date October 16, 2026
Elementary School Bridge Point
Middle School Hill Country
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
3200 Three Rivers Dr
Westview On Lake Austin Ph A
$3,249,950 $745 5 bd / 5 ba 4,364 sqft , 2026-09-08
3904 Bonnell Dr
Mount Bonnell Terrace Sec 03
$2,875,000 $683 4 bd / 3 ba 4,210 sqft , 2026-10-15
4301 Balcones Dr
Balcones Park Add Sec 02
$3,400,000 $702 4 bd / 4 ba 4,841 sqft , 2026-04-23
2900 Meandering River Ct
Westview On Lake Austin Ph C
$2,799,000 $573 5 bd / 6 ba 4,888 sqft , 2026-08-22
4800 Mantle Dr
Bull Mountain Ph 04 Sec 01
$2,549,000 $714 4 bd / 4 ba 3,569 sqft , 2026-04-16

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
$14,880/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
$620,000
20% conventional investment loan

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

Estimated Gross Rent+$14,880
Principal + Interest−$16,918
Property Tax (~2.1% TX avg)−$5,425
Insurance (~0.5%)−$1,292
Est. Monthly Cash Flow $-8,755

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 October 17, 2026.

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