Active Listing  ·  113 days on market

407 Bella Montagna Cir

Austin, TX 78734
$1,490,000
4 Bed 4 Bath 4,228 sqft $352/sqft Built 2014 1.00 acres 3-Car Garage Pool Bella Montagna

*New HVAC, freshly updated kitchen, LOW 1.8% tax, great location that will stay zoned to Lake Travis HS when the 2nd school HS opens!* Nestled on a private one-acre lot within a gated community, this custom luxury estate offers a rare blend of refined design, resort-style outdoor living, and everyday functionality—ideal for buyers seeking privacy, space, and high-end finishes in the Lakeway area. Designed with bespoke craftsmanship and thoughtful detail, the home features rich wood flooring, custom millwork, plantation shutters, and built-in cabinetry throughout. The open-concept layout creates seamless flow between living, dining, and entertaining spaces. The chef’s kitchen is equipped for both daily living and hosting, featuring three ovens, six gas burners with griddle, a warming drawer, and an expansive Butler’s pantry with bar, wine cooler, and prep sink. Living spaces include a cozy family room with built-in bookcases and integrated sound, along with a spacious great room anchored by a striking stone gas fireplace—ideal for entertaining or relaxing. The primary suite offers a private retreat with a spa-inspired bath, including a 7-foot Jacuzzi tub, walk-in shower with dual shower heads, and a custom boutique-style closet by Programme Martin. Secondary bedrooms feature generous walk-in closets and serene views, while the upstairs game room with full bath provides flexible space for a media room, guest suite, or playroom. A well-appointed utility room includes a second refrigerator and additional sink. The outdoor experience is truly exceptional, featuring: * A tranquil koi pond with cascading waterfall * Two additional water features * Multiple outdoor living areas, including a slate-tile terrace with gas and water access * Premium AstroTurf play area with custom wooden swing set * Raised garden beds and lush landscaping Ideal for buyers seeking a private estate with room to entertain, work from home, and enjoy elevated outdoor living in a secure gated setting.

At $352/sqft, this home is 10% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

407 Bella Montagna Cir, Austin, TX 78734

Property Details

Price $1,490,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 4,228 sqft
Lot Size 1.00 acres (43,716.82 sqft)
Year Built 2014
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Bella Montagna
County Travis
Zip Code 78734
$/sqft $352/sqft
Days on Market ,
HOA $120/Monthly
Annual Tax Est. $9,836.97
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232308390
List Date June 2, 2026
Elementary School Lake Travis
Middle School Hudson Bend
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 2, 2026 $1,572,500
Previous ask $1,495,000
Current ask $1,490,000
Reduced $82,500 (-5.2%) 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
407 HURST CREEK Rd
Lakeway Sec 24-C
$1,499,900 $301 5 bd / 6 ba 4,980 sqft , 2026-06-25
582 Taranga Pl
Lakeside Estates
$1,499,900 $344 4 bd / 5 ba 4,364 sqft , 2026-09-10
101 Arroyo Claro None
Arbolago
$1,499,950 $336 4 bd / 4 ba 4,468 sqft , 2026-02-16
579 Taranga Pl
Lakeside Estates
$1,449,900 $353 5 bd / 4 ba 4,112 sqft , 2026-07-28
15103 Nightingale Ln
Cardinal Hills Unit 01
$1,349,999 $452 4 bd / 4 ba 2,984 sqft , 2026-07-31

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
$7,152/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
$298,000
20% conventional investment loan

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

Estimated Gross Rent+$7,152
Principal + Interest−$8,132
Property Tax (~2.1% TX avg)−$2,608
Insurance (~0.5%)−$621
Est. Monthly Cash Flow $-4,209

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 20, 2026.

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