Active Listing  ·  102 days on market

328 Ringtail Stream Dr

Austin, TX 78738
$1,397,000
4 Bed 4 Bath 3,563 sqft $392/sqft Built 2017 0.47 acres 3-Car Garage Pool Serene Hills Sub Ph 2W

Privately set on an oversized 20,000+ square-foot lot overlooking a lush greenbelt, this customized 2017-built residence offers elevated finishes, thoughtful upgrades, and an exceptional floor plan. With approximately 3,600 square feet, 4 bedrooms, and 3.5 baths, the home features acacia hardwood floors throughout, a fully stone-covered exterior, metal roof, plantation shutters, electric shades, and refined designer details.

The kitchen is both elegant and highly functional, featuring Thermador and Sub-Zero appliances, double islands, custom cabinetry with pull-out drawers, generous storage, and a butler’s pantry with beverage refrigerator. Additional highlights include California Closets in all walk-in closets, updated bath fixtures and tile, a custom mud-area bench, epoxy garage flooring, and an extra-deep, extra-wide three-car garage. The home shows clear pride of ownership with excellent care and maintenance throughout, creating a fresh, move-in-ready feel.

The expansive backyard offers privacy, greenbelt views, and room for a pool or full outdoor living buildout. The covered patio is already designed for easy entertaining with a built-in BBQ, sink, mini refrigerator, and granite countertops. Ideally located near Highway 71, the Hill Country Galleria, Lakeway City Center, shopping, dining, and top-rated Lake Travis ISD schools, zoned to Serene Hills Elementary and Lake Travis Middle School.

At $392/sqft, this home is priced in line with the Austin market average of $392/sqft across 4,590 active listings. View Austin market report →

Location

328 Ringtail Stream Dr, Austin, TX 78738

Property Details

Price $1,397,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,563 sqft
Lot Size 0.47 acres (20,407.86 sqft)
Year Built 2017
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Serene Hills Sub Ph 2W
County Travis
Zip Code 78738
$/sqft $392/sqft
Days on Market ,
HOA $255/Bi-Monthly
Annual Tax Est. $29,654.57
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236239940
List Date June 13, 2026
Elementary School Serene Hills
Middle School Lake Travis
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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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 13, 2026 $1,477,000
Previous ask $1,447,000
Current ask $1,397,000
Reduced $80,000 (-5.4%) 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 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
706 Crestone Stream Dr
Serene Hills Sub Ph 2E
$1,395,000 $358 4 bd / 5 ba 3,894 sqft , 2026-09-09
1110 Crestone Stream Dr
Serene Hills Sub Ph 3E
$1,400,000 $397 4 bd / 4 ba 3,528 sqft , 2026-07-20
802 Crestone Stream Dr
Serene Hills Sub Ph 2e
$1,299,000 $439 4 bd / 3 ba 2,956 sqft , 2026-06-19
501 Black Wolf Run
Flintrock At Hurst Creek Ph 04
$1,500,000 $425 5 bd / 4 ba 3,530 sqft , 2026-08-08
411 Ringtail Stream Dr
Serene Hills Sub Ph 2W
$1,218,000 $413 4 bd / 4 ba 2,947 sqft , 2026-08-28

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
$6,706/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
$279,400
20% conventional investment loan

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

Estimated Gross Rent+$6,706
Principal + Interest−$7,624
Property Tax (~2.1% TX avg)−$2,445
Insurance (~0.5%)−$582
Est. Monthly Cash Flow $-3,945

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 →