Active Listing  ·  473 days on market

2918 N 620 Ranch Rd #O282

Austin, TX 78734
$349,000
2 Bed 3 Bath 1,395 sqft $250/sqft Built 1997 Pool VILLAS ON TRAVIS CONDOMINIUM

Welcome to waterfront condo living in the gated Villas on Lake Travis, offering an active, resort-style lifestyle with unmatched amenities. Enjoy 2 pools and spas, gym, tennis and basketball courts, private garden, dog area, reserved covered parking for owners and guests, and a tram to the private covered boat dock with a lakefront party deck.

Unit O282 is a stunning 2-bedroom, 2.5-bath, interior courtyard, second-story entry end unit. The open-plan main living area features a fireplace and oversized patio with serene lake views. The kitchen boasts Silestone countertops, stainless steel appliances, a spacious pantry, and wine refrigerator. Large windows throughout provide abundant natural light, enhancing the bright, airy feel. Upstairs hosts the spacious primary suite and second bedroom, each with large ensuite baths.

Recent upgrades include bamboo flooring, Kohler 6-foot tub, LED fixtures, glass tile backsplash, water heater, two HVAC units, and a wine cooler. The unit is conveniently located near its reserved covered parking spot (#282), pool, mailbox, dog area, and exit gate on 620/General Williamson with traffic light for easy access.

The HOA fee covers basic cable, insurance on the structure, internet, sewer, trash, and water, offering worry-free lakefront living. With lake views, modern upgrades, and world-class amenities just steps away, this condo embodies the best of Lake Travis lifestyle. Come experience the ease, beauty, and fun of living at the lake.

At $250/sqft, this home is 36% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2918 N 620 Ranch Rd #O282, Austin, TX 78734

Property Details

Price $349,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,395 sqft
Lot Size ,
Year Built 1997
Garage ,
Stories ,
Type Residential · Condominium
Subdivision VILLAS ON TRAVIS CONDOMINIUM
County Travis
Zip Code 78734
$/sqft $250/sqft
Days on Market ,
HOA $739/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT194952433
List Date April 18, 2025
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.

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
2009 Iroquois Ln #B
East Riverside - Oltorf
$349,000 $241 2 bd / 3 ba 1,450 sqft , 2026-03-17
1312 Hyman Ln
Richland Estates Sec 01
$349,000 $193 3 bd / 2 ba 1,806 sqft , 2026-04-20
11512 Flushwing Dr
Pioneer Crossing West Sec 07
$349,000 $205 3 bd / 2 ba 1,701 sqft , 2026-05-02
12200 Tawny Farms Rd #139
Gabardine Condo
$349,000 $267 3 bd / 2 ba 1,308 sqft , 2026-06-22
8829 Francia Trl
Park Ridge
$349,000 $280 3 bd / 2 ba 1,247 sqft , 2026-07-02

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
$1,675/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
$69,800
20% conventional investment loan

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

Estimated Gross Rent+$1,675
Principal + Interest−$1,905
Property Tax (~2.1% TX avg)−$611
Insurance (~0.5%)−$145
Est. Monthly Cash Flow $-986

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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