Active Listing  ·  7 days on market

579 Taranga Pl

Austin, TX 78734
$1,449,900
5 Bed 4 Bath 4,112 sqft $353/sqft Built 2026 0.36 acres 3-Car Garage Pool Lakeside Estates

MLS# 4059014 - Built by Drees Custom Homes - Dec 2026 completion! ~ New 5 BR,4 BA home in Old Lakeway! This Brookdale II home design offers a refined open?concept design that blends everyday comfort with elevated style. Thoughtfully planned for modern living, this versatile home features spacious gathering areas, abundant natural light and flexibility to fit your lifestyle. At the center of the home is a large family room that connects seamlessly to the kitchen and dining area, creating an ideal space for entertaining and daily living. The kitchen serves as a true focal point, offering generous counter space, ample cabinetry and designer finishes that enhance both function and visual appeal. The primary suite is conveniently located on the main level, providing a private retreat with spa?inspired features. Additional bedrooms offer flexibility for guests, work?from?home needs or hobbies. This stunning space delivers timeless design, modern functionality and lasting value in a luxury custom home setting. Virtual tours are for illustrative purposes only.

At $353/sqft, this home is 10% 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

579 Taranga Pl, Austin, TX 78734

Property Details

Price $1,449,900
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 4,112 sqft
Lot Size 0.36 acres (15,550.92 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeside Estates
County Travis
Zip Code 78734
$/sqft $353/sqft
Days on Market ,
HOA $216/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241459744
List Date July 28, 2026
Elementary School Serene Hills
Middle School Lake Travis
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 →

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
913 Presa Arriba Rd
Austin Lake Hills Sec 03
$1,449,900 $414 4 bd / 4 ba 3,502 sqft , 2026-05-28
406 Woodside Ter
Lakeway Highlands Ph 1 Sec 7B
$1,449,999 $329 5 bd / 6 ba 4,408 sqft , 2026-03-29
9905 Charthouse Cv
River Place Sec 07B
$1,450,000 $330 5 bd / 5 ba 4,389 sqft , 2026-04-07
5002 Emerald Forest Cir #BLDG 1
Emerald Forest Sec 03
$1,450,000 $538 4 bd / 4 ba 2,697 sqft , 2026-05-19
6623 Yaupon Dr
Great Hills Sec 28
$1,450,000 $340 4 bd / 4 ba 4,265 sqft , 2026-07-01

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
$6,960/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
$289,980
20% conventional investment loan

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

Estimated Gross Rent+$6,960
Principal + Interest−$7,913
Property Tax (~2.1% TX avg)−$2,537
Insurance (~0.5%)−$604
Est. Monthly Cash Flow $-4,094

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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