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 $198/sqft, this home is 49% below the Austin active market average of $390/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 $399,900

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 $198/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 Lake Travis ISD

School District

Lake Travis ISD

Lake Travis · Hudson Bend · Lake Travis

Have Questions About This Property?

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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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 · April 6, 2026 $425,000

Current ask $399,900

▼ Reduced $25,100 (-5.9%) 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 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

14609 Great Eagle Trl
Apache Shores 01 Instl $369,000 $256 3 bd / 2 ba 1,444 sqft , 2026-06-11

2918 Ranch Road 620 None N #281
Villas On Travis $470,000 $259 3 bd / 3 ba 1,816 sqft , 2026-02-18

2645 Crazyhorse Pass
Apache Shores Sec 03 Amd $484,000 $237 3 bd / 3 ba 2,043 sqft , 2026-09-24

4000 Ranch Road 620 None #16
Enclave At Commanders Point Am $495,000 $263 3 bd / 3 ba 1,881 sqft , 2026-06-17

2918 Ranch Road 620 None N #V270
Villas On Travis Condo Amd $269,000 $148 3 bd / 3 ba 1,816 sqft , 2026-10-15

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

$1,920/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

$79,980

20% conventional investment loan

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

Estimated Gross Rent+$1,920

Principal + Interest−$2,182

Property Tax (assumed ~2.1%)−$700

Insurance (assumed ~0.5%)−$167

Est. Monthly Cash Flow $-1,129

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

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 41 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. The written content was last updated on September 27, 2026.

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

2918 Ranch Road 620 None #297

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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