About This Home

Luxury Lake Travis Resort Living. A gated residence with 180 degree lake views & breathtaking sunsets from your 5 balconies. This gorgeous tri-level townhouse has 4beds/4bath, a stunning kitchen with a custom marble fireplace, stainless steel appliances, exquisite backsplash and lighting fixtures. Furniture and decor negotiable with a full price offer. HOA FEE includes pools, gym, tennis and basketball court, marina dock, internet cable, water, insurance & grounds maintenance.

At $210/sqft, this home is 46% 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 Ranch Road 620 None #297, Austin, TX 78734

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Property Details

Price $425,000

Status Active Listing

Beds 4

Full Baths 3

Half Baths 1

Living Area 2,024 sqft

Lot Size 0.16 acres (6,795.36 sqft)

Year Built 1997

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Villas On Travis Condo Amd

County Travis

Zip Code 78734

$/sqft $210/sqft

Days on Market ,

HOA $1,229.8/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront Yes

New Construction ,

MLS # ACT225262696

List Date April 6, 2026

Elementary School Lake Travis

Middle School Hudson Bend

High School Lake Travis

School District ,

Have Questions About This Property?

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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

6300 Merriwood Dr
Flournoys Sweetbriar Sec 11 $425,000 $287 3 bd / 2 ba 1,481 sqft , 2025-12-28

8709 Slater Dr
Goodnight Ranch Ph 1 Sec 2 $425,000 $168 3 bd / 3 ba 2,524 sqft , 2026-03-26

4229 Johns Light Dr
Ashton Woods Condo $425,000 $160 3 bd / 3 ba 2,660 sqft , 2025-03-13

7107 Mowbray St #44
Eastwood At Riverside $425,000 $209 3 bd / 3 ba 2,035 sqft , 2026-04-17

11604 Tedford St
Eubank Acres Sec 01 $425,000 $249 3 bd / 1 ba 1,704 sqft , 2026-04-25

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

$2,040/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

$85,000

20% conventional investment loan

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

Estimated Gross Rent+$2,040

Principal + Interest−$2,319

Property Tax (~2.1% TX avg)−$744

Insurance (~0.5%)−$177

Est. Monthly Cash Flow $-1,200

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

2918 Ranch Road 620 None #297

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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