Active Listing  ·  126 days on market

4113 Sugarloaf Dr

Austin, TX 78738
$1,775,000
5 Bed 5 Bath 4,571 sqft $388/sqft Built 2013 0.31 acres 3-Car Garage Pool Spillman Ranch Ph 01 Sec 02

Welcome home to gated golf course living in the heart of the Texas Hill Country at The Heights in Falconhead. Built in 2013, this stunning two-story residence offers approximately 4,571 square feet of beautifully designed living space ideal for everyday comfort and entertaining. A covered front porch entry opens to an elegant study and formal dining room creating a warm and impressive first impression. The heart of the home is an expansive open-concept living area featuring a spacious family room with fireplace, breakfast area, wine bar, and chef-inspired kitchen. The kitchen showcases granite countertops, stainless steel appliances, a large center island, abundant cabinetry, and a walk-in pantry perfect for hosting family and friends.

Privately situated at the rear of the home, the luxurious primary suite offers dual vanities, a soaking tub, oversized walk-in shower, generous walk-in closet, and direct access to the backyard pool and spa. An additional in-law suite on the opposite side of the main level provides excellent flexibility for guests or multigenerational living. A dramatic staircase leads upstairs to a lofted game room, dedicated media room, three additional bedrooms, two full baths, and a large covered balcony overlooking the golf course.

Designed for exceptional indoor and outdoor living, the backyard retreat includes a covered patio with fireplace, outdoor dining and grilling area, sparkling pool and spa, lush landscaping, shaded lawn, and sweeping golf course views. Enjoy a low tax rate and an unbeatable location in one of Bee Cave’s most desirable communities with easy access to parks, trails, golf, tennis, Lake Travis, shopping, dining, and top-rated schools, all just 17 miles from downtown Austin. Experience Falconhead today. Residents enjoy scenic Hill Country beauty, a vibrant community atmosphere, and resort-style living with everyday conveniences nearby, making this exceptional Falconhead property the perfect place to call home.

At $388/sqft, this home is priced in line with the Austin market average of $392/sqft across 4,590 active listings. View Austin market report →

Location

4113 Sugarloaf Dr, Austin, TX 78738

Property Details

Price $1,775,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 4,571 sqft
Lot Size 0.31 acres (13,499.24 sqft)
Year Built 2013
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Spillman Ranch Ph 01 Sec 02
County Travis
Zip Code 78738
$/sqft $388/sqft
Days on Market ,
HOA $275/Quarterly
Annual Tax Est. $26,533.05
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230529526
List Date May 20, 2026
Elementary School Lake Pointe
Middle School Bee Cave Middle School
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 →

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 · May 20, 2026 $1,925,000
Previous ask $1,799,999
Current ask $1,775,000
Reduced $150,000 (-7.8%) 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
15713 Spillman Ranch Loop
Falconhead
$1,699,999 $327 6 bd / 5 ba 5,196 sqft , 2026-06-11
4212 Myrtle Beach Dr
Spillman Ranch, Falconhead, The Heights
$1,475,000 $331 4 bd / 5 ba 4,453 sqft , 2026-08-27
4801 PECAN CHASE None
Spanish Oaks
$2,195,000 $605 5 bd / 5 ba 3,627 sqft , 2026-05-01

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
$8,520/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
$355,000
20% conventional investment loan

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

Estimated Gross Rent+$8,520
Principal + Interest−$9,687
Property Tax (~2.1% TX avg)−$3,106
Insurance (~0.5%)−$740
Est. Monthly Cash Flow $-5,013

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 →