Active Listing  ·  216 days on market

2918 Ranch Road 620 None N #281

Austin, TX 78734
$490,000
3 Bed 3 Bath 1,816 sqft $270/sqft Built 1997 0.16 acres Pool Waterfront Villas On Travis

Agent is owner. This residence was thoughtfully updated in 2023, featuring high-end luxury vinyl plank flooring and engineered hardwood on the main level, with plush carpet upstairs. The kitchen and wet bar showcase quartz countertops, a farmhouse sink, elegant gold fixtures, a real stone backsplash, and new appliances—designed for both style and functionality. Step out from the living room onto the expansive deck, ideal for entertaining and enjoying lake gatherings. The primary bedroom offers serene lake views, where you can unwind each evening while watching the sunset over the water—true lake living at its finest. Located on the deep side of the lake, the community offers exceptional amenities including multiple lake access points, a boat dock, cliff tram, two pools, two hot tubs, fitness center, basketball and tennis courts, walking trails, exterior maintenance, landscaping, gated entry, and Wi-Fi paid by HOA. Seller will pay the first three months of HOA dues.

At $270/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

2918 Ranch Road 620 None N #281, Austin, TX 78734

Property Details

Price $490,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,816 sqft
Lot Size 0.16 acres (6,882.48 sqft)
Year Built 1997
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Villas On Travis
County Travis
Zip Code 78734
$/sqft $270/sqft
Days on Market ,
HOA $836/Monthly
Annual Tax Est. $6,132
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT219530555
List Date February 18, 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
4000 Ranch Road 620 None #16
Enclave At Commanders Point Am
$495,000 $263 3 bd / 3 ba 1,881 sqft , 2026-06-17
14602 General Williamson Dr
Apache Shores 01 Instl
$550,000 $313 4 bd / 3 ba 1,758 sqft , 2026-07-30
2918 Ranch Road 620 None #297
Villas On Travis Condo Amd
$425,000 $210 4 bd / 4 ba 2,024 sqft , 2026-04-06
4000 Ranch Road 620 None N #7
Enclave At Commanders Point Am
$400,000 $200 3 bd / 3 ba 2,002 sqft , 2026-07-01
2302 Quanah Parker Trl
Apache Shores Sec 03 Amd
$589,000 $299 4 bd / 3 ba 1,970 sqft , 2026-09-10

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
$2,352/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
$98,000
20% conventional investment loan

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

Estimated Gross Rent+$2,352
Principal + Interest−$2,674
Property Tax (~2.1% TX avg)−$858
Insurance (~0.5%)−$204
Est. Monthly Cash Flow $-1,384

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 February 19, 2026.

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