Active Listing  ·  420 days on market

2918 Ranch Road 620 None N #L-173

Austin, TX 78734
$320,000
2 Bed 2 Bath 1,161 sqft $276/sqft Built 1997 0.10 acres 1-Car Garage Pool Waterfront Villas On Travis Condo Amd

Rare opportunity to own a ground-level, single-story condo with zero stairs in the sought-after Villas on Travis! This 2-bedroom, 2-bath unit features spacious walk-in closets, wraparound balconies, and an open floor plan with wood floors throughout. Enjoy stunning lake views and easy access from the first-level entry.

The community offers resort-style amenities, including 2 lakeside pools, a fitness center, tennis, pickleball, and basketball courts, a sundeck, boat dock, and lake access via tram.

The HOA fee covers all utilities — including water, internet, cable, Wi-Fi, and trash — providing convenience and exceptional value. This is a truly unique, stair-free unit in a gated waterfront community just minutes from Lakeway and Austin.

At $276/sqft, this home is 29% 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 N #L-173, Austin, TX 78734

Property Details

Price $320,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,161 sqft
Lot Size 0.10 acres (4,408.27 sqft)
Year Built 1997
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Villas On Travis Condo Amd
County Travis
Zip Code 78734
$/sqft $276/sqft
Days on Market ,
HOA $670/Monthly
Annual Tax Est. $4,516.87
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT199498405
List Date June 10, 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
914 Hermitage Dr
Heritage Hills Sec 01
$320,000 $293 3 bd / 2 ba 1,092 sqft , 2025-07-03
5609 Gloucester Ln
Windsor Park Hills Sec 01
$320,000 $241 3 bd / 1 ba 1,329 sqft , 2026-03-26
10606 N Platt River Dr
Texas Oaks Sec 09
$320,000 $247 3 bd / 3 ba 1,293 sqft , 2026-05-21
6010 Waycross Dr
Flournoys Sweetbriar Sec 08
$320,000 $321 3 bd / 1 ba 996 sqft , 2026-06-12
11609 Domenico Cv
Cloverleaf
$320,000 $242 2 bd / 2 ba 1,320 sqft , 2026-07-03

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
$1,536/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
$64,000
20% conventional investment loan

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

Estimated Gross Rent+$1,536
Principal + Interest−$1,746
Property Tax (~2.1% TX avg)−$560
Insurance (~0.5%)−$133
Est. Monthly Cash Flow $-903

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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