Active Listing  ·  90 days on market

407 HURST CREEK Rd

Lakeway, TX 78734
$1,499,900
5 Bed 6 Bath 4,980 sqft $301/sqft Built 2007 0.33 acres 3-Car Garage Pool Lakeway Sec 24-C

Luxury Estate with Panoramic Lake Travis & Hill Country VIEWS and POOL!!! Perched to capture breathtaking panoramic views of Lake Travis and the surrounding Hill Country, this exceptional custom home showcases timeless Santa Barbara-inspired architecture with thoughtful modern updates. The striking stucco and stone exterior, tile roof, custom double Cantera iron front doors, soaring ceilings, exposed wood beams, and expansive windows create a home that is both elegant and welcoming. The beautifully updated kitchen features quartz countertops, custom cabinetry, premium appliances, abundant workspace, and opens to a warm family room anchored by a stone fireplace. A spectacular second living area offers soaring ceilings, exposed wood beams, a hand-troweled stucco fireplace, and a dramatic wall of glass to access the SPARKLING POOL! A private main-level office with custom built-ins and a secondary upstairs workspace provide flexibility for working from home. The luxurious primary suite features an extraordinary indoor/outdoor walk-in shower, custom closet, and access to a private outdoor living area. The main level also includes a spacious guest suite with a private bath. Upstairs, enjoy a game room with wet bar and stone fireplace, dedicated media room, rooftop viewing deck, and three additional guest suites with en-suite bath access. A three-car garage, elegant porte-cochère leading to a motor court, and ample guest parking provide outstanding convenience. Covered outdoor living spaces with stained ceilings and meticulously maintained landscaping enhance the home's exceptional outdoor living. Just a short walk away, enjoy paddleboarding, kayaking, and hiking along the shores of Lake Travis. Homes offering this level of craftsmanship, timeless architecture, and views are increasingly rare, making opportunities like this difficult to replicate at today's land and construction costs. Beautifully updated and impeccably maintained!

At $301/sqft, this home is 8% below the Lakeway active market average of $327/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

407 HURST CREEK Rd, Lakeway, TX 78734

Property Details

Price $1,499,900
Status Active Listing
Beds 5
Full Baths 4
Half Baths 2
Living Area 4,980 sqft
Lot Size 0.33 acres (14,339.95 sqft)
Year Built 2007
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeway Sec 24-C
County Travis
Zip Code 78734
$/sqft $301/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $25,916.93
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237552131
List Date June 25, 2026
Elementary School Serene Hills
Middle School Hudson Bend
High School Lake Travis
School District ,

Luke Allen (TREC #788149) has deep knowledge of Lakeway 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 Lakeway

Comparable Listings Right Now

Homes currently for sale in Lakeway 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
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
407 Bella Montagna Cir
Bella Montagna
$1,490,000 $352 4 bd / 4 ba 4,228 sqft , 2026-06-02
579 Taranga Pl
Lakeside Estates
$1,449,900 $353 5 bd / 4 ba 4,112 sqft , 2026-07-28
312 Camino Arbolago None
Arbolago
$1,595,000 $253 5 bd / 6 ba 6,310 sqft , 2026-06-22

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
$7,200/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
$299,980
20% conventional investment loan

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

Estimated Gross Rent+$7,200
Principal + Interest−$8,186
Property Tax (~2.1% TX avg)−$2,625
Insurance (~0.5%)−$625
Est. Monthly Cash Flow $-4,236

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 Lakeway, TX

Lakeway sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Apple Campus (Domain) 30 min E
Downtown Austin 30 min E via 71
Westlake corridor 15 min E

More Luxury Homes in Lakeway

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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 July 29, 2026.

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