Active Listing  ·  13 days on market

582 Taranga Pl

Austin, TX 78734
$1,499,900
4 Bed 5 Bath 4,364 sqft $344/sqft Built 2026 0.36 acres 3-Car Garage Pool Lakeside Estates

MLS# 5440493 - Built by Drees Custom Homes - Feb 2027 completion! ~ LAKEWAY, TX: New 4 Bed , 4.5 Bath Luxury Home. Discover exceptional craftsmanship and modern luxury in this stunning new construction home in sought-after Lakeway, Texas. A grand two-story foyer filled with natural light welcomes you inside, where an elegant wraparound staircase creates a dramatic first impression. Designed for both everyday living and entertaining, the open-concept layout features a stylish wine bar, expansive family room with soaring two-story ceilings and walls of windows that flood the home with sunlight. The dining area seamlessly connects to a spacious covered outdoor living space, perfect for hosting gatherings or enjoying the beautiful Texas weather year-round. The luxurious primary suite offers a spa-inspired bath complete with a freestanding soaking tub, oversized walk-in shower and an impressive walk-in closet. An additional first-floor bedroom with private bath provides flexibility for guests or multigenerational living. Upstairs, two generously sized bedrooms feature en-suite baths and are complemented by a large gameroom and dedicated media space. Located in prestigious Lakeway near top-rated schools, golf courses, Lake Travis, shopping, dining and outdoor recreation, this luxury home delivers the perfect blend of comfort, style and convenience.

At $344/sqft, this home is 12% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

582 Taranga Pl, Austin, TX 78734

Property Details

Price $1,499,900
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 4,364 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 $344/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246401474
List Date September 10, 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.

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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
407 HURST CREEK Rd
Lakeway Sec 24-C
$1,499,900 $301 5 bd / 6 ba 4,980 sqft , 2026-06-25
101 Arroyo Claro None
Arbolago
$1,499,950 $336 4 bd / 4 ba 4,468 sqft , 2026-02-16
407 Bella Montagna Cir
Bella Montagna
$1,490,000 $352 4 bd / 4 ba 4,228 sqft , 2026-06-02
579 Taranga Pl
Lakeside Estates
$1,449,900 $353 5 bd / 4 ba 4,112 sqft , 2026-07-28
16323 Lake Loop
Buffalo Gap
$1,695,000 $395 5 bd / 6 ba 4,293 sqft , 2026-07-24

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
$7,200/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
$299,980
20% conventional investment loan

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

Estimated Gross Rent+$7,200
Principal + Interest−$8,186
Property Tax (~2.1% TX avg)−$2,625
Insurance (~0.5%)−$625
Est. Monthly Cash Flow $-4,236

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 11, 2026.

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