Active Listing  ·  5 days on market

2918 Ranch Road 620 None N #C115

Austin, TX 78734
$215,000
2 Bed 1 Bath 1,002 sqft $215/sqft Built 1981 0.09 acres Pool Waterfront Villas On Travis Condo Amd

Lake Travis Views! Step into this beautifully updated 2-bedroom, 1-bath condo offering spectacular views of Lake Travis and the surrounding Hill Country. With convenient first-floor entry and 1,002 square feet of thoughtfully designed living space, this home is ideal as a full-time residence, weekend retreat, or low-maintenance lakeside getaway.

The open-concept kitchen features granite countertops, stainless steel appliances, a breakfast bar, and abundant storage, creating a functional and inviting space for everyday living and entertaining. Large windows fill the home with natural light while capturing peaceful Hill Country and lake views from nearly every room.

Enjoy your morning coffee or unwind at the end of the day on either of two private balconies, perfectly positioned to take in the scenery and beautiful sunsets.

Located within a gated community, residents enjoy reserved covered parking, two community pools, and exclusive access to a private resident boat dock. Conveniently located just minutes from lakeside dining, shopping, outdoor recreation, and nature trails, this beautifully maintained condo offers the ideal combination of comfort, convenience, and Lake Travis lifestyle.

At $215/sqft, this home is 45% 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 #C115, Austin, TX 78734

Property Details

Price $215,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 1,002 sqft
Lot Size 0.09 acres (3,802.79 sqft)
Year Built 1981
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Villas On Travis Condo Amd
County Travis
Zip Code 78734
$/sqft $215/sqft
Days on Market ,
HOA $568/Monthly
Annual Tax Est. $4,278.09
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT247149487
List Date September 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
4204 HUDSON BEND Rd #A
Vista Grande Condo
$230,000 $214 2 bd / 2 ba 1,074 sqft , 2024-12-31
2918 Ranch Road 620 None N #X201
Villas On Travis Condo Amd
$250,000 $208 2 bd / 2 ba 1,204 sqft , 2025-08-27
4202 Hudson Bend Rd #B
Vista Grande Condo
$174,900 $161 2 bd / 2 ba 1,086 sqft , 2026-06-17
2918 Ranch Road 620 None N #X-205
Villas On Travis Condo Amd
$275,000 $228 2 bd / 2 ba 1,204 sqft , 2026-02-13

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
$1,032/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
$43,000
20% conventional investment loan

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

Estimated Gross Rent+$1,032
Principal + Interest−$1,173
Property Tax (~2.1% TX avg)−$376
Insurance (~0.5%)−$90
Est. Monthly Cash Flow $-607

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 September 20, 2026.

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