Active Listing  ·  139 days on market

330 Cistern Way

Austin, TX 78737
$869,000
4 Bed 3 Bath 3,614 sqft $240/sqft Built 2019 0.25 acres 3-Car Garage Pool Parten Ranch Ph 1

Rare 70-ft lot opportunity on the open greenbelt side of one of the prettiest tree lined streets in Parten. This 2020 home features 4 bd, 3 ba, & 3,614 sq ft that is open, bright, & easy from the moment you walk in. The living area delivers with double height ceilings, cedar beam detail, & a bold fireplace wall creating a strong focal point. A full wall of glass connects to the greenbelt, and sliding doors open to the covered patio for an indoor outdoor flow with no rear neighbors. The kitchen is a central gathering space, anchored by a large island. Granite countertops, a bold herringbone backsplash, glass pendants, double ovens, and a gas cooktop are layered with intention, balancing texture, light, and function. Clean lines carry into the dining and office spaces, where custom accent walls add a refined edge. The primary suite is positioned at the back to capture natural light and greenbelt views. The bath is open and minimal, with a large walk in shower and finishes that favor simplicity and scale. A spacious game room and dedicated media room add flexibility. Out back, the covered patio extends the interior with a fire feature and greenbelt backdrop. The 3 car garage setup with custom wood doors features a Level 2 EV charging station on its own 240V, 50 amp breaker, plus an additional dedicated 240V outlet. Finished with 5 layer flaked epoxy floors and outfitted with overhead storage, dual 8 ft cabinets, modular wall organization, and adaptable bike storage, it delivers a clean, high function space that reads more like a workshop or showroom than standard. Parten brings the lifestyle with trails, open fields, a stream, and a community pool. Slaughter Creek Park, Grey Rock Golf and Tennis Club, and miles of trails are minutes away. Belterra Village offers dining, coffee, and daily essentials, and The Salt Lick is just 3 miles down the road. This is where strong design, natural light, and setting come together with ease! Reach out to schedule a private showing.

At $240/sqft, this home is 39% 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

330 Cistern Way, Austin, TX 78737

Property Details

Price $869,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,614 sqft
Lot Size 0.25 acres (11,020.68 sqft)
Year Built 2019
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parten Ranch Ph 1
County Hays
Zip Code 78737
$/sqft $240/sqft
Days on Market ,
HOA $900/Annually
Annual Tax Est. $24,076.41
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221559034
List Date March 18, 2026
Elementary School Cypress 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.

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
111 Serene Hilltop Cir
Lakeway Highlands Ph 1 Sec 5
$869,000 $249 4 bd / 4 ba 3,483 sqft , 2026-06-29
7909 Castle Peake Trl
Grandview Hills/ The Parke
$869,000 $232 4 bd / 4 ba 3,744 sqft , 2026-02-04
17709 Absinthe Dr
Provence - 60'
$869,900 $279 4 bd / 3 ba 3,115 sqft , 2026-01-09
3429 John Simpson Trl
Steiner Ranch Ph 01 Sec 03
$869,900 $283 4 bd / 4 ba 3,073 sqft , 2026-07-28
100 Empire Ct
Belterra Ph 2 Sec 5B
$870,000 $233 5 bd / 4 ba 3,726 sqft , 2026-07-23

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
$4,171/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
$173,800
20% conventional investment loan

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

Estimated Gross Rent+$4,171
Principal + Interest−$4,742
Property Tax (~2.1% TX avg)−$1,521
Insurance (~0.5%)−$362
Est. Monthly Cash Flow $-2,454

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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