Active Listing  ·  3 days on market

308 Duffy Ln

Austin, TX 78738
$969,000
5 Bed 4 Bath 3,987 sqft $243/sqft Built 2013 0.24 acres 3-Car Garage Pool Lakeway Highlands Ph 01 Sec 01

Welcome to this stunning, extensively upgraded luxury residence in Rough Hollow, a true gem offering an unparalleled living experience complete with panoramic Texas Hill Country views. This expansive home boasts five generously sized bedrooms and four beautifully appointed full bathrooms, providing ample space for family and guests. The heart of the home is found in its open and inviting living spaces, designed for both comfort and entertaining. A dedicated family room serves as the central gathering area, complemented by a private, sunlit office perfect for remote work or study. Upstairs, you'll discover both a spacious game room for casual recreation and an incredible, custom-designed media room, promising the perfect cinematic experience right at home. The functional island kitchen is a chef's dream, featuring top-of-the-line stainless steel appliances, including a propane cooktop, built-in double ovens and microwave. The granite countertops offer vast prep space, making meal preparation a pleasure. Throughout the home, the attention to detail is evident, particularly with the warm, rich hardwood flooring that flows seamlessly across both levels. Designed to maximize natural light and capture the breathtaking surroundings, the house features abundant windows that frame the scenic views. Outdoor living is a delight with covered patios on both the upper and main levels, providing the perfect spots for al fresco dining or simply relaxing while overlooking the picturesque hill country and the tranquil greenbelt. The luxurious spa-like, main level primary suite is a private retreat, highlighted by an oversized, walk-in shower designed for ultimate relaxation. An additional guest suite on the main level offers privacy and comfort with 3 additional beds on the second level. Thoughtful amenities enhance daily living, including a full shower located conveniently within the mud room—ideal for cleaning up after outdoor activities.

At $243/sqft, this home is 38% 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

308 Duffy Ln, Austin, TX 78738

Property Details

Price $969,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 3,987 sqft
Lot Size 0.24 acres (10,633 sqft)
Year Built 2013
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeway Highlands Ph 01 Sec 01
County Travis
Zip Code 78738
$/sqft $243/sqft
Days on Market ,
HOA $221/Monthly
Annual Tax Est. $20,421.18
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241911051
List Date August 1, 2026
Elementary School Rough Hollow
Middle School Bee Cave Middle School
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 →

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
10609 Skyflower Dr
Great Hills Sec 23 Ph 02-A
$969,000 $280 4 bd / 4 ba 3,458 sqft , 2026-06-19
424 Belforte Ave #31
Villas At Tuscan Village Amd
$969,550 $278 4 bd / 4 ba 3,491 sqft , 2026-05-11
5224 China Garden Dr
River Place Sec 06
$969,999 $303 4 bd / 3 ba 3,204 sqft , 2026-04-25
10801 Beachmont Ln
Circle C Ranch Ph B Sec 17
$970,000 $317 5 bd / 3 ba 3,062 sqft , 2026-06-11
219 GRANT CANNON Ln
Rough Hollow-Lakeway Highlands Ph 1 Sec 3
$970,000 $273 5 bd / 4 ba 3,550 sqft , 2026-07-08

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
$4,651/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
$193,800
20% conventional investment loan

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

Estimated Gross Rent+$4,651
Principal + Interest−$5,288
Property Tax (~2.1% TX avg)−$1,696
Insurance (~0.5%)−$404
Est. Monthly Cash Flow $-2,737

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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