Active Listing  ·  93 days on market

312 Camino Arbolago None

Lakeway, TX 78734
$1,595,000
5 Bed 6 Bath 6,310 sqft $253/sqft Built 2007 1.00 acres 3-Car Garage Pool Arbolago

Behind the gates of Arbolago, this John Henry-designed estate opens to sweeping Lake Travis views and over an acre of privacy beneath mature oaks. A wraparound second-story terrace, resort-style pool and spa, and 2,000+ sq ft of covered patios turn everyday living into an indoor-outdoor retreat. No lake house required, this is essentially one.

The chef's kitchen (three islands, gas cooktop, double ovens) opens to a stone fireplace family room framed by panoramic water views. A dedicated media room, server room, and double-seat built-in workspace make working from home effortless, while two laundry rooms and thoughtful storage throughout keep daily life simple. The primary suite is its own sanctuary w/ massive spa bathroom, a fireplace, and a copper soaking tub.

Walk to the private marina. Minutes to golf. Zoned to acclaimed Lake Travis ISD. Gated, private, and move-in ready: this is Hill Country lake living without compromise.

At $253/sqft, this home is 23% below the Lakeway active market average of $327/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

312 Camino Arbolago None, Lakeway, TX 78734

Property Details

Price $1,595,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 6,310 sqft
Lot Size 1.00 acres (43,647.12 sqft)
Year Built 2007
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Arbolago
County Travis
Zip Code 78734
$/sqft $253/sqft
Days on Market ,
HOA $200/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT218979405
List Date June 22, 2026
Elementary School Lake Travis
Middle School Hudson Bend
High School Lake Travis
School District ,

Luke Allen (TREC #788149) has deep knowledge of Lakeway 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 22, 2026 $1,790,000
Current ask $1,595,000
Reduced $195,000 (-10.9%) 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 Lakeway

Comparable Listings Right Now

Homes currently for sale in Lakeway 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
16002 Canard Cir
Vineyard Bay Ph 01
$1,599,000 $357 4 bd / 4 ba 4,474 sqft , 2026-06-21
101 Arroyo Claro None
Arbolago
$1,499,950 $336 4 bd / 4 ba 4,468 sqft , 2026-02-16
407 HURST CREEK Rd
Lakeway Sec 24-C
$1,499,900 $301 5 bd / 6 ba 4,980 sqft , 2026-06-25
582 Taranga Pl
Lakeside Estates
$1,499,900 $344 4 bd / 5 ba 4,364 sqft , 2026-09-10
16323 Lake Loop
Buffalo Gap
$1,695,000 $395 5 bd / 6 ba 4,293 sqft , 2026-07-24

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
$7,656/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
$319,000
20% conventional investment loan

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

Estimated Gross Rent+$7,656
Principal + Interest−$8,705
Property Tax (~2.1% TX avg)−$2,791
Insurance (~0.5%)−$665
Est. Monthly Cash Flow $-4,505

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 Lakeway, TX

Lakeway sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Apple Campus (Domain) 30 min E
Downtown Austin 30 min E via 71
Westlake corridor 15 min E

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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 · 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 17, 2026.

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