Active Listing  ·  20 days on market

410 Indianwood Dr

Lakeway, TX 78738
$900,000
4 Bed 5 Bath 3,628 sqft $248/sqft Built 2012 0.17 acres 2-Car Garage Pool Flintrock At Hurst Creek Ph 03

An incredible value in Flintrock Falls, this home offers an exceptional combination of space, flexibility, privacy, and private-club living. With 4 bedrooms, 4.5 baths and 3,627 square feet per public record, this thoughtfully designed home delivers generous living space and versatility, along with the ease of a true lock-and-leave lifestyle.

The open-concept main living areas are designed for comfortable everyday living and entertaining. A primary suite and additional en suite bedroom on the main level provide exceptional flexibility for owners, guests or multi-generational living, while the second floor offers additional bedrooms, a media room and flex space that can evolve with your needs. A two-car garage, easy-care yard and thoughtful floor plan make the home as practical as it is inviting.

Living in Flintrock Falls is about much more than the home itself. Enjoy 24/7 gated security access and private country club amenities, including multiple clubhouses, dining, social events, pools and opportunities to connect with neighbors.

Outside the gates, everything that makes Lakeway and the Texas Hill Country special is close at hand. Spend the morning on the golf course, meet friends for lunch at the club, head to Lake Travis for the afternoon or enjoy shopping and dining at the Hill Country Galleria. HEB, restaurants and fitness centers are nearby, while weekends can easily turn into Hill Country adventures exploring local wineries, breweries, trails, shopping and favorite watering holes.

Located within highly acclaimed Lake Travis ISD, this gorgeous home brings together generous square footage, a versatile floor plan, security, private-club amenities and low-maintenance living. For buyers comparing homes in Flintrock Falls, this property stands apart as a rare opportunity to enjoy more space, flexibility and lifestyle value.

At $248/sqft, this home is 24% 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

410 Indianwood Dr, Lakeway, TX 78738

Property Details

Price $900,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 3,628 sqft
Lot Size 0.17 acres (7,501.03 sqft)
Year Built 2012
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Flintrock At Hurst Creek Ph 03
County Travis
Zip Code 78738
$/sqft $248/sqft
Days on Market ,
HOA $172.33/Monthly
Annual Tax Est. $14,219
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245573663
List Date September 3, 2026
Elementary School Lakeway
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
308 Duffy Ln
Lakeway Highlands Ph 01 Sec 01
$969,000 $243 5 bd / 4 ba 3,987 sqft , 2026-08-01
18 Glenway Dr
Hills Lakeway Ph 04
$819,900 $255 3 bd / 4 ba 3,216 sqft , 2026-06-17
16225 Zagros Way
Falconhead West Ph 1 Sec 2 &
$1,000,000 $277 4 bd / 4 ba 3,608 sqft , 2026-08-14
50 Stillmeadow Dr
Hills Of Lakeway Ph 02 Rep
$798,000 $270 3 bd / 3 ba 2,955 sqft , 2026-06-19
16 Swiftwater Trl
Hills Lakeway Ph 06
$769,000 $272 3 bd / 3 ba 2,824 sqft , 2026-09-14

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
$4,320/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
$180,000
20% conventional investment loan

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

Estimated Gross Rent+$4,320
Principal + Interest−$4,912
Property Tax (~2.1% TX avg)−$1,575
Insurance (~0.5%)−$375
Est. Monthly Cash Flow $-2,542

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

Loading…
View All Luxury Homes →
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 15, 2026.

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