About This Home

Great Upscale resort-style living in gated community on Lake Travis. Immaculate, updated condo with recent heater handler & duct system, AC condenser, 50 gallon water/heater, frameless MBR shower doors, high ceilings, granite countertops. First level entry with reserved parking in front.Over . Amazing community with 2 pools, sport and tennis courts, fitness center and day dock. Enjoy the amazing sun sets on Lake from covered patio. On site security and property management.

At $343/sqft, this home is 12% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2918 Ranch Road 620 None N #L-177, Austin, TX 78734

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Property Details

Price $930,000

Status Active Listing

Beds 4

Full Baths 3

Half Baths 1

Living Area 2,714 sqft

Lot Size 0.24 acres (10,323.72 sqft)

Year Built 1997

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Villas On Travis Condo Amd

County Travis

Zip Code 78734

$/sqft $343/sqft

Days on Market ,

HOA $1,270/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront Yes

New Construction ,

MLS # ACT170941817

List Date January 17, 2025

Elementary School Lake Travis

Middle School Hudson Bend

High School Lake Travis

School District ,

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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

15505 Pescado Cir
Vista Grande $899,900 $342 3 bd / 3 ba 2,629 sqft , 2026-09-11

14603 Broken Bow Trl
Apache Shores Sec 03 Amd $890,000 $350 3 bd / 3 ba 2,543 sqft , 2026-05-14

2918 Ranch Road 620 None N #299
Villas On Lake Travis $769,900 $261 4 bd / 4 ba 2,951 sqft , 2026-03-06

2646 Crazyhorse Pass
Apache Shores Sec 03 Amd $739,900 $331 3 bd / 3 ba 2,234 sqft , 2024-08-03

14905 Oklahoma St
Mountain View $640,000 $302 3 bd / 3 ba 2,121 sqft , 2026-07-31

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

$4,464/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

$186,000

20% conventional investment loan

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

Estimated Gross Rent+$4,464

Principal + Interest−$5,075

Property Tax (~2.1% TX avg)−$1,628

Insurance (~0.5%)−$388

Est. Monthly Cash Flow $-2,627

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 · 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 November 19, 2025.

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

2918 Ranch Road 620 None N #L-177

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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