About This Home

Owner/Agent-Rare Single Story Condo (no interior steps) in the Villas on Lake Travis Waterfront Community. No steps from assigned parking place to front door. Seller to provide one year First American Home Warranty. HOA includes water, sewer, garbage, cable TV, high speed internet, community boat dock, tram to waterfront day dock, 2 swimming pools, 2 spas, sport court, tennis & pickleball courts, gated entrance, gym. QUIET LOCATION IN THE COMPLEX. YOU MUST PARK IN GUEST PARKING PLACE OR SPOT 205. TOWING IS ENFORCED

At $232/sqft, this home is 41% 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 #X-205, Austin, TX 78734

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Property Details

Price $279,900

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 1,204 sqft

Lot Size 0.10 acres (4,569.44 sqft)

Year Built 1998

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Villas On Travis Condo Amd

County Travis

Zip Code 78734

$/sqft $232/sqft

Days on Market ,

HOA $760/Monthly

Annual Tax Est. $1,983.84

Pool Yes

Waterfront Yes

New Construction ,

MLS # ACT219375080

List Date February 13, 2026

Elementary School Lake Travis

Middle School Hudson Bend

High School Lake Travis

School District ,

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · February 13, 2026 $345,000

Previous ask $289,900

Current ask $279,900

▼ Reduced $65,100 (-18.9%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

3815 Guadalupe None #207
Avenel At Hyde Park Condo $279,900 $335 2 bd / 1 ba 836 sqft , 2025-02-04

9015 Cattle Baron Path #1605
AVI GOODNIGHT TOWNHOME CONDOMINIUMS $279,900 $187 3 bd / 3 ba 1,493 sqft , 2026-05-30

2804 Rio Grande St #208
Westview Condo $279,900 $344 2 bd / 2 ba 814 sqft , 2026-06-24

2907 Pearl St #102
Pearl Street Condo Ph 01 $279,900 $299 2 bd / 2 ba 936 sqft , 2026-07-23

516 Montopolis Dr
Hutchins Emma $280,000 $182 2 bd / 2 ba 1,539 sqft , 2026-02-24

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

$1,344/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

$55,980

20% conventional investment loan

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

Estimated Gross Rent+$1,344

Principal + Interest−$1,528

Property Tax (~2.1% TX avg)−$490

Insurance (~0.5%)−$117

Est. Monthly Cash Flow $-791

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 August 12, 2026.

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

2918 Ranch Road 620 None N #X-205