Active Listing  ·  14 days on market

4127 Lago Viento Dr

Austin, TX 78734
$1,750,000
5 Bed 6 Bath 4,978 sqft $352/sqft Built 2016 1.08 acres 3-Car Garage Pool Lakewind Estates Sec 03

Experience refined Hill Country living in this exceptional custom estate by Eliot J. Construction, privately situated on approximately one acre in the exclusive gated Lakewind Estates. Surrounded by mature trees & beautifully manicured grounds, this Santa Barbara-inspired residence combines timeless architecture, impressive scale, & resort-style amenities in one of the Lake Travis area's most distinctive settings. Spanning approx. 4,978 square feet, the home offers 5 spacious bedrooms, each with its own private ensuite bath, plus a convenient guest half bath. Soaring ceilings, arched architectural details, rich hardwood floors, expansive windows, & walls of glass create a dramatic yet inviting interior filled w/ natural light. The open-concept living & dining areas are anchored by a beautiful fireplace & flow seamlessly into the chef's kitchen, creating an ideal setting for both everyday living & entertaining. The kitchen features generous cabinetry, a large center island with seating, premium finishes, & opens to the main living spaces. Oversized glass doors extend the interior directly to the covered outdoor living area, creating an effortless indoor-outdoor lifestyle & showcasing the privacy of the surrounding Hill Country landscape. The primary suite is a private retreat w/ high ceilings & a spacious spa-inspired bath featuring dual vanities, an oversized walk-in shower, freestanding tub & dual closets. Upstairs, provide flexibility for family & guests, including a **game room w/ pool table and a private sauna**, adding another unexpected resort-style amenity. Outside is where this property truly stands apart. The backyard has been designed as a private resort with a custom swimming pool and elevated spa, expansive covered patios, multiple gathering areas, and a fully equipped outdoor kitchen. The beautifully landscaped one-acre grounds also feature private sport court configured for **pickleball and basketball**, offering recreation without ever leaving home.

At $352/sqft, this home is 10% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4127 Lago Viento Dr, Austin, TX 78734

Property Details

Price $1,750,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 4,978 sqft
Lot Size 1.08 acres (47,044.8 sqft)
Year Built 2016
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakewind Estates Sec 03
County Travis
Zip Code 78734
$/sqft $352/sqft
Days on Market ,
HOA $180/Monthly
Annual Tax Est. $13,681
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242298025
List Date September 8, 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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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
5005 McIntyre Cir
Travis Landing 02 Ph 03
$1,750,000 $389 4 bd / 5 ba 4,500 sqft , 2026-02-09
3600 Scenic Overlook Trl
Canyons At Lake Travis
$1,799,000 $421 4 bd / 3 ba 4,269 sqft , 2026-06-26
15421 McCormick Vista Dr
McCormick Mountain Sub Ph 2
$1,599,000 $274 5 bd / 5 ba 5,841 sqft , 2026-03-06
4804 Eck Ln
L & P Prop
$1,598,000 $464 5 bd / 4 ba 3,444 sqft , 2026-07-21
14916 Copper Ridge Ln
Canyons At Lake Travis
$1,999,000 $480 5 bd / 4 ba 4,161 sqft , 2026-08-12

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
$8,400/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
$350,000
20% conventional investment loan

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

Estimated Gross Rent+$8,400
Principal + Interest−$9,550
Property Tax (~2.1% TX avg)−$3,063
Insurance (~0.5%)−$729
Est. Monthly Cash Flow $-4,942

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 19, 2026.

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