Active Listing  ·  56 days on market

2918 Ranch Road 620 Rd N #G127

Austin, TX 78734
$329,000
2 Bed 2 Bath 1,099 sqft $299/sqft Built 1996 0.10 acres Pool Waterfront Villas On Travis Condo Amd

Lake Views That Can't Be Beat!

Imagine ending every day with sweeping, unobstructed Lake Travis views from your private balcony—and waking up to those same breathtaking views from both your living room and primary bedroom. This beautifully updated 2-bedroom, 2-bath condo at The Villas on Lake Travis offers the perfect blend of comfort, style, and true resort-style living.

The moment you step inside, you'll notice the fresh paint, new flooring, elegant 5-inch baseboards, and an extra-wide glass door that fills the home with natural light while framing the incredible lake views. The kitchen has been refreshed with granite countertops, a new stove, ample cabinetry, and an open layout that flows seamlessly into the dining and living areas, making entertaining effortless. The spacious primary suite is a peaceful retreat where you'll wake up each morning to spectacular Lake Travis views. A generously sized second bedroom and full bath provide flexibility for guests, a home office, or the perfect weekend getaway.

The lifestyle doesn't stop at your front door. The Villas on Lake Travis offers an impressive collection of resort-style amenities just steps from the condo, including two resort-style swimming pools, a relaxing hot tub, tennis courts, a state-of-the-art fitness center, and beautifully landscaped private oasis gathering areas with stunning panoramic lake views—perfect for hosting friends and family. Owners also enjoy a motorized tram that provides convenient access to the community's floating boat dock, making lake days easier than ever.

Whether you're boating, swimming, fishing, enjoying sunset cocktails overlooking the water, or simply relaxing in one of the community's scenic gathering spaces, every day feels like a vacation.

Perfect as a full-time residence, lock-and-leave weekend retreat, or investment property, this move-in-ready condo delivers what buyers want most—unmatched Lake Travis views, thoughtful updates, and an exceptional resort lifestyle.

At $299/sqft, this home is 24% 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 Rd N #G127, Austin, TX 78734

Property Details

Price $329,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,099 sqft
Lot Size 0.10 acres (4,194.83 sqft)
Year Built 1996
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Villas On Travis Condo Amd
County Travis
Zip Code 78734
$/sqft $299/sqft
Days on Market ,
HOA $760/Monthly
Annual Tax Est. $4,801.36
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT235438187
List Date June 9, 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.

Schedule a Call →

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 · June 9, 2026 $289,000
Previous ask $299,000
Current ask $329,000
Increased $40,000 (+13.8%) 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
11203 Ranch Road 2222 None #1104
Alicante
$329,000 $235 2 bd / 3 ba 1,398 sqft , 2026-03-03
1616 Webberville Rd #A
Flournoy's Eastern Hills Sec 4
$329,000 $457 2 bd / 1 ba 720 sqft , 2026-01-07
715 W 22nd 1/2 St #208
Georgian Condo
$329,000 $442 1 bd / 2 ba 744 sqft , 2026-05-05
910 W 25th St #209
Galileo At 25 Condo
$329,000 $457 1 bd / 1 ba 720 sqft , 2026-06-05
312 Blackson Ave
St Johns Home Add
$329,000 $264 3 bd / 2 ba 1,248 sqft , 2026-06-02

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
$1,579/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
$65,800
20% conventional investment loan

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

Estimated Gross Rent+$1,579
Principal + Interest−$1,795
Property Tax (~2.1% TX avg)−$576
Insurance (~0.5%)−$137
Est. Monthly Cash Flow $-929

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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