Active Listing  ·  280 days on market

308 Cedar Hurst Ln

Austin, TX 78734
$890,000
3 Bed 3 Bath 1,974 sqft $451/sqft Built 1960 0.31 acres Pool Waterfront Round Mountain

Welcome to waterfront living on Lake Travis. Nestled on a wooded 0.30± acre lot across the cove from Lakeway City Park, this beautiful 1,974± sq. ft. home offers 3 bedrooms, 3 baths, and peaceful lake views beneath a canopy of mature trees.The main level features a bright, open layout where the kitchen, dining, and living areas flow seamlessly together, filled with natural light from an abundance of windows. The kitchen is well-appointed with Silestone countertops, stainless steel appliances, an electric cooktop, and beautifully crafted cabinetry.The tranquil primary suite provides a relaxing retreat with a beamed ceiling, built-in desk nook, walk-in closet, and a serene bathroom featuring a walk-in shower. Two spacious secondary bedrooms share a hall bath with a tub/shower combination.Downstairs, a large second living area offers exceptional flexibility as a game room, media room, office, or hobby space and includes its own full bath—ideal for guests or extended living.Storage is plentiful with an oversized laundry room, a walk-in closet beneath the stairs, and three additional storage closets located on the covered patio.The generous lot offers ample room to design your dream outdoor space, whether adding a pool, spa, or custom entertaining area. Enjoy peaceful lake views, shaded shoreline scenery, and the relaxed atmosphere of Lake Travis living.Whether used as a full-time residence, weekend retreat, or potential short-term rental, this property offers an exceptional opportunity to experience the best of the lake lifestyle.

At $451/sqft, this home is priced 15% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

308 Cedar Hurst Ln, Austin, TX 78734

Property Details

Price $890,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,974 sqft
Lot Size 0.31 acres (13,311.94 sqft)
Year Built 1960
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Round Mountain
County Travis
Zip Code 78734
$/sqft $451/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,701.78
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT209066674
List Date October 28, 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.

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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
2006 De Verne St
Rabb Inwood Hills
$890,000 $533 3 bd / 2 ba 1,669 sqft , 2023-10-13
1610 Harvey St #A
Division B
$890,000 $456 3 bd / 3 ba 1,951 sqft , 2026-07-03
2316 Bahama Rd
Austin Lake Estates Sec 02
$890,000 $438 4 bd / 3 ba 2,034 sqft , 2026-05-06
16312 Lake Loop
Buffalo Gap
$889,000 $335 3 bd / 3 ba 2,650 sqft , 2025-08-27
3915 Tilley St
Mueller
$887,500 $396 3 bd / 3 ba 2,241 sqft , 2026-04-25

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
$4,272/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
$178,000
20% conventional investment loan

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

Estimated Gross Rent+$4,272
Principal + Interest−$4,857
Property Tax (~2.1% TX avg)−$1,558
Insurance (~0.5%)−$371
Est. Monthly Cash Flow $-2,514

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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