Active Listing  ·  9 days on market

475 Desert Willow Way

Austin, TX 78737
$955,000
4 Bed 4 Bath 2,895 sqft $330/sqft Built 2020 0.43 acres 3-Car Garage Pool Highpointe Ph Ii Sec Two-B

Luxury, comfort and design come together in this single story home in the gated Highpointe community. Set on a 0.43 acre lot, the residence offers 2,895 square feet, four bedrooms, three full baths, one half bath, two living areas and a three car garage. The open floor plan is filled with natural light and elevated finishes including high ceilings, plantation shutters, five inch baseboards, upgraded doors and hardware, wrought iron details, tile flooring and a striking gas fireplace with a cast stone surround. The kitchen is designed for everyday living and effortless entertaining, featuring 42 inch cabinetry, stone countertops, a tile backsplash, stainless steel appliances, gas cooktop, convection oven, walk in pantry and an impressive 15 foot kitchen island that provides prep space, seating and a natural gathering place. The primary suite feels like a retreat with a spa inspired bath offering dual vanities, a deep soaking tub, separate glass enclosed shower and expansive walk in closet. Two additional bedrooms, a flexible game room or second living area and a dedicated laundry room provide space to work, relax and host. Smart home technology includes keyless entry, a Nest thermostat, video doorbell, WiFi enabled garage access, smart lighting and a wired alarm system. Energy efficient features include a 16 SEER HVAC system, radiant barrier, Low E windows, LED lighting, enhanced insulation, PEX plumbing and Energy Star appliances. Outside, brick and stone details, professional landscaping and a stained front door create polished curb appeal. The covered patio with a retractable awning extends the outdoor living space and overlooks a private fenced backyard with full sod, irrigation and a storage building. Highpointe residents enjoy resort style amenities including pools, fitness facilities, tennis and sport courts, trails, playgrounds, gathering spaces and planned community activities. Refined Hill Country living with exceptional space, quality and convenience.

At $330/sqft, this home is 16% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

475 Desert Willow Way, Austin, TX 78737

Property Details

Price $955,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,895 sqft
Lot Size 0.43 acres (18,643.68 sqft)
Year Built 2020
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highpointe Ph Ii Sec Two-B
County Hays
Zip Code 78737
$/sqft $330/sqft
Days on Market ,
HOA $375/Quarterly
Annual Tax Est. $14,874.7
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240544736
List Date July 26, 2026
Elementary School Sycamore Springs
Middle School Sycamore Springs
High School Dripping Springs
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
3524 Gonzales St #1A
Grange Commons
$958,000 $446 4 bd / 4 ba 2,147 sqft , 2026-06-02
2700 Pearce Rd
Manana West
$959,500 $458 4 bd / 2 ba 2,095 sqft , 2026-07-10
5405 Prock Ln
Moore D C
$950,000 $367 5 bd / 2 ba 2,588 sqft , 2026-03-01
10603 Valley Vista Rd
Cedar Valley
$950,000 $414 3 bd / 3 ba 2,295 sqft , 2026-04-10
7207 Mesa Dr
Highland Hills Northwest Sec 1
$950,000 $356 4 bd / 2 ba 2,672 sqft , 2026-02-25

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
$4,584/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
$191,000
20% conventional investment loan

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

Estimated Gross Rent+$4,584
Principal + Interest−$5,212
Property Tax (~2.1% TX avg)−$1,671
Insurance (~0.5%)−$398
Est. Monthly Cash Flow $-2,697

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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