Active Listing  ·  60 days on market

3215 Aldwyche Dr

Austin, TX 78704
$779,000
3 Bed 3 Bath 1,619 sqft $481/sqft Built 2018 0.10 acres Pool Lightsey 2s 2nd Resub

Welcome to Lightsey Ridge — a well-located South Austin community offering a true lock-and-leave lifestyle just steps from some of Austin's most beloved destinations. This 3BD/2.5BA home blends modern finishes, smart upgrades, and an unbeatable location into one exceptional package.

Polished concrete floors anchor the open lower level, where the kitchen shines with rich espresso cabinetry, white quartz countertops, gray subway tile backsplash, stainless steel appliances, gas range, and a large picture window framing the lush tree canopy outside. A converted half-garage adds valuable bonus space for a home office, gym, or flex room.

All three bedrooms are located upstairs with warm wood flooring throughout. The primary suite features a walk-in shower, dual vanities, and a walk-in closet.

Step outside to a private yard with a warm cedar deck , and turf area and custom fencing — perfect for pets or relaxing outdoors.

The HOA covers lawn care, fence upkeep, and irrigation maintenance — making everyday living truly effortless. Steps to South Lamar and walkable to Loro, Matt's El Rancho, Radio Coffee & Beer, Bouldin Acres, and more. Less than three miles to Zilker Park, Barton Springs, Lady Bird Lake, and downtown Austin, with easy access to Hwy 71, Barton Creek Greenbelt, and Austin-Bergstrom Airport.

Seller is open to giving a credit for garage reconversion.

At $481/sqft, this home is priced 23% 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

3215 Aldwyche Dr, Austin, TX 78704

Property Details

Price $779,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,619 sqft
Lot Size 0.10 acres (4,199.18 sqft)
Year Built 2018
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Lightsey 2s 2nd Resub
County Travis
Zip Code 78704
$/sqft $481/sqft
Days on Market ,
HOA $375/Quarterly
Annual Tax Est. $12,744.26
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231924527
List Date June 5, 2026
Elementary School Zilker
Middle School O Henry
High School Austin
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
4322 James Casey St
Bouldin J E Estate
$779,000 $585 3 bd / 1 ba 1,332 sqft , 2025-09-26
5313 Avenue G St #2
Highlands
$780,000 $688 2 bd / 3 ba 1,133 sqft , 2026-07-16
360 Nueces St #1217
Residential Condo Amd 360
$775,000 $695 2 bd / 2 ba 1,115 sqft , 2026-02-12
8910 Spicebrush Dr
Great Hills Sec 25
$775,000 $362 3 bd / 3 ba 2,139 sqft , 2026-05-08
2013 Peoples St
James R Shannons Resub
$775,000 $501 3 bd / 3 ba 1,548 sqft , 2026-06-05

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
$3,739/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
$155,800
20% conventional investment loan

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

Estimated Gross Rent+$3,739
Principal + Interest−$4,251
Property Tax (~2.1% TX avg)−$1,363
Insurance (~0.5%)−$325
Est. Monthly Cash Flow $-2,200

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →