Active Listing  ·  28 days on market

2918 Ranch Road 620 None N #V270

Austin, TX 78734
$269,000
3 Bed 3 Bath 1,816 sqft $148/sqft Built 1999 0.16 acres Pool Villas On Travis Condo Amd

INVESTOR & CASH BUYER OPPORTUNITY! Unlock the potential of this spacious 4-bedroom, 2.5-bath condo in the gated Villas on Travis community on Lake Travis. Offered AS-IS, this property presents an excellent opportunity for an investor, cash buyer, or renovation-minded purchaser looking to add value and create a standout Lake Travis retreat. The kitchen is equipped with a built-in refrigerator/freezer, double ovens, microwave, and dishwasher, providing a solid foundation for an upgraded kitchen design.

Located in a sought-after waterfront community, residents enjoy access to Lake Travis along with resort-style amenities including pools, fitness facilities, sport courts, landscaped common areas, and lake-access features. The community's location on Ranch Road 620 N provides convenient access to Lakeway, Bee Cave, shopping, dining, recreation, and the greater Austin area. Lake Travis ISD serves the community, including Lake Travis Elementary, Hudson Bend Middle, and Lake Travis High School.

With thoughtful updates and modernization, this property could be transformed into an exceptional primary residence, second home, or investment opportunity in a highly desirable Lake Travis setting. Bring your vision and renovation plans—this is an opportunity to create value in a gated waterfront community where lifestyle and location are the key assets. Buyer to verify all HOA information, restrictions, amenities, waterfront access, and property details during due diligence. Sold AS-IS.

At $148/sqft, this home is 62% 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 N #V270, Austin, TX 78734

Property Details

Price $269,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,816 sqft
Lot Size 0.16 acres (6,895.55 sqft)
Year Built 1999
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Villas On Travis Condo Amd
County Travis
Zip Code 78734
$/sqft $148/sqft
Days on Market ,
HOA $1,146/Monthly
Annual Tax Est. $5,850.51
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249989753
List Date October 15, 2026
Elementary School Lake Travis
Middle School Hudson Bend
High School Lake Travis
School District Lake Travis ISD

Lake Travis ISD

Lake Travis · Hudson Bend · Lake Travis

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
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
2918 Ranch Road 620 None N #219
Villas On Travis Condo Amd
$245,000 $176 2 bd / 3 ba 1,395 sqft , 2025-04-28
2918 Ranch Road 620 None N #S239
Villas On Travis Condo Amd
$299,000 $248 2 bd / 2 ba 1,204 sqft , 2026-10-14
2918 N 620 Ranch Rd #O282
VILLAS ON TRAVIS CONDOMINIUM
$319,000 $229 2 bd / 3 ba 1,395 sqft , 2025-04-18

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
$1,291/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
$53,800
20% conventional investment loan

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

Estimated Gross Rent+$1,291
Principal + Interest−$1,468
Property Tax (assumed ~2.1%)−$471
Insurance (assumed ~0.5%)−$112
Est. Monthly Cash Flow $-760

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 · 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 October 22, 2026.

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

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