Active Listing  ·  128 days on market

406 Woodside Ter

Austin, TX 78738
$1,449,999
5 Bed 6 Bath 4,408 sqft $329/sqft Built 2016 0.33 acres 3-Car Garage Pool Lakeway Highlands Ph 1 Sec 7B

Located in the highly sought-after Lakeside section of Rough Hollow, this stunning 5-bedroom, 5.5-bathroom home offers the perfect blend of luxury, comfort, and convenience. With brand-new carpet and fresh paint throughout, the home feels like new and is move-in ready. A dedicated office provides the ideal space for working from home, while the spacious floor plan offers room to live, work, and entertain with ease. The beautifully maintained, mature landscaping enhances the home’s curb appeal, and the expansive, flat backyard offers plenty of room to add a custom pool—creating your own private oasis. Just minutes from the Hill Country Galleria, you'll enjoy easy access to premier shopping, dining, and entertainment. Located in the highly desirable Lake Travis ISD, known for its top-rated schools. With access to world-class Rough Hollow amenities, including lakeside parks and trails, resort-style pools, fitness center, and a marina, this home delivers the Hill Country lifestyle at its finest.

At $329/sqft, this home is 16% 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

406 Woodside Ter, Austin, TX 78738

Property Details

Price $1,449,999
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 4,408 sqft
Lot Size 0.33 acres (14,296.39 sqft)
Year Built 2016
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeway Highlands Ph 1 Sec 7B
County Travis
Zip Code 78738
$/sqft $329/sqft
Days on Market ,
HOA $227/Monthly
Annual Tax Est. $26,879
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224261620
List Date March 29, 2026
Elementary School Rough Hollow
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.

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
9905 Charthouse Cv
River Place Sec 07B
$1,450,000 $330 5 bd / 5 ba 4,389 sqft , 2026-04-07
6623 Yaupon Dr
Great Hills Sec 28
$1,450,000 $340 4 bd / 4 ba 4,265 sqft , 2026-07-01
7221 Ellaview Ln
Great Hills Sec 31
$1,450,000 $461 4 bd / 4 ba 3,142 sqft , 2026-07-30
913 Presa Arriba Rd
Austin Lake Hills Sec 03
$1,449,900 $414 4 bd / 4 ba 3,502 sqft , 2026-05-28
579 Taranga Pl
Lakeside Estates
$1,449,900 $353 5 bd / 4 ba 4,112 sqft , 2026-07-28

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
$6,960/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
$290,000
20% conventional investment loan

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

Estimated Gross Rent+$6,960
Principal + Interest−$7,913
Property Tax (~2.1% TX avg)−$2,537
Insurance (~0.5%)−$604
Est. Monthly Cash Flow $-4,094

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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