Active Listing  ·  138 days on market

4300 Amarra Dr #6

Austin, TX 78735
$4,250,000
4 Bed 5 Bath 4,027 sqft $1,055/sqft Built 2026 0.83 acres 2-Car Garage Pool Amarra Cottages Condos

Currently under construction by Heyl Homes, 4300 Amarra Drive is the final and largest offering within Amarra Cottages, a private six-home collection inside Barton Creek. The residence spans 4,027 square feet with 4 bedrooms, 4 full baths, 1 half bath, separate den, 2 masonry fireplaces, and 2 garage spaces. The home is set on a private 0.83-acre homesite backing to protected green space, with professionally landscaped surroundings, pool, and heated spa.

The plan is arranged for main-level living with connected everyday spaces between the great room, kitchen, den, outdoor living, pool, and spa. Interior features noted by Heyl Homes include Sub-Zero and Wolf appliances, custom cabinetry, wide-plank wood floors, expansive windows, and masonry fireplaces. The main-level primary suite is separated from secondary guest rooms upstairs.

4300 Amarra Drive sits within Barton Creek with access to the broader Amarra lifestyle, including proximity to Fazio Canyons, Barton Creek Club amenities, mature landscape, and downtown Austin. Amarra Cottages is described as a composed, private collection with private driveways, distinct street presence, layered landscaping, protected natural edges, and estate-quality yards.

At $1,055/sqft, this home is priced 168% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4300 Amarra Dr #6, Austin, TX 78735

Property Details

Price $4,250,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 4,027 sqft
Lot Size 0.83 acres (36,363.89 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Amarra Cottages Condos
County Travis
Zip Code 78735
$/sqft $1,055/sqft
Days on Market ,
HOA $517/Monthly
Annual Tax Est. $2,168.9
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229414009
List Date May 8, 2026
Elementary School Oak Hill
Middle School O Henry
High School Austin
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
8317 CARRANZO Dr
Amarra Drive
$3,995,000 $963 4 bd / 5 ba 4,150 sqft , 2026-07-20
4401 Amarra Dr #17
Amarra
$3,795,000 $918 4 bd / 5 ba 4,136 sqft , 2026-06-05
4320 Amarra Dr
Amarra Cottages Condos
$3,699,950 $1,094 3 bd / 4 ba 3,383 sqft , 2026-09-10
8320 Carranzo Dr
Amarra
$3,625,000 $963 3 bd / 4 ba 3,764 sqft , 2026-09-03
8708 Acuarela Ct
Amarra Drive Ph 02
$5,100,000 $972 4 bd / 6 ba 5,248 sqft , 2026-05-29

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
$20,400/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
$850,000
20% conventional investment loan

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

Estimated Gross Rent+$20,400
Principal + Interest−$23,194
Property Tax (~2.1% TX avg)−$7,438
Insurance (~0.5%)−$1,771
Est. Monthly Cash Flow $-12,003

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 22, 2026.

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