Active Listing  ·  23 days on market

324 Stoney Point Rd

Austin, TX 78737
$825,000
5 Bed 4 Bath 3,564 sqft $231/sqft Built 2016 0.36 acres 3-Car Garage Pool High Pointe Ph I Sec One

Gated Highpointe living zoned to top-rated Dripping Springs schools — this 5-bedroom, 4-bath home sits on an extra-large lot with no neighbors behind. Downstairs, the primary suite and a second bedroom each have their own full bath, plus a dedicated home office. Upstairs are three more bedrooms, two full baths, a second living room, and a media room built for movie nights. Storage is everywhere you need it, including an oversized storage area in the 3-car garage. Inside, enjoy granite counters, stainless steel appliances, a gas range, and a cozy living room fireplace. Zoned to Sycamore Springs Elementary (8/10), Sycamore Springs Middle (9/10), and Dripping Springs High School + the new high school being built.Highpointe's gated, amenity-rich community includes a resort-style pool, fitness center, tennis and basketball courts, fishing ponds, a clubhouse, and miles of walking trails — with two HEB grocery stores and an incoming Target just down the road. 3,564 square feet, five bedrooms, and a layout that works for everyone.

At $231/sqft, this home is 41% 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

324 Stoney Point Rd, Austin, TX 78737

Property Details

Price $825,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 3,564 sqft
Lot Size 0.36 acres (15,537.85 sqft)
Year Built 2016
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision High Pointe Ph I Sec One
County Hays
Zip Code 78737
$/sqft $231/sqft
Days on Market ,
HOA $125/Monthly
Annual Tax Est. $16,132.9
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245249363
List Date September 9, 2026
Elementary School Rooster Springs
Middle School Sycamore Springs
High School Dripping Springs
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
208 Mirafield Ln
Belterra Ph 4 Sec 14
$825,000 $224 5 bd / 5 ba 3,684 sqft , 2026-07-08
12225 Mesa Verde Dr
Belterra Sec 21-2
$824,900 $248 4 bd / 4 ba 3,328 sqft , 2026-09-10
865 Catalina Ln
Belterra Ph 4 Sec 12B
$815,000 $288 4 bd / 3 ba 2,825 sqft , 2026-09-17
388 Desert Willow Way
High Pointe Ph 2 Sec 2A
$865,000 $224 4 bd / 4 ba 3,857 sqft , 2026-09-25
143 Desert Willow Way
High Pointe Ph 2 Sec 2A
$879,000 $211 4 bd / 4 ba 4,161 sqft , 2026-08-08

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
$3,960/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
$165,000
20% conventional investment loan

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

Estimated Gross Rent+$3,960
Principal + Interest−$4,502
Property Tax (~2.1% TX avg)−$1,444
Insurance (~0.5%)−$344
Est. Monthly Cash Flow $-2,330

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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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 September 22, 2026.

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