Active Listing  ·  91 days on market

6305 Wavell Pl

Austin, TX 78738
$735,000
4 Bed 3 Bath 2,561 sqft $287/sqft Built 2024 0.14 acres 2-Car Garage Pool Sweetwater Ranch

Contact listing agent for detailed tours!

Tucked onto a quiet corner lot, this stunning two-story home blends modern elegance with everyday comfort — all within the highly sought-after Lake Travis ISD.

Striking curb appeal welcomes you with light-painted brick, dark accents, a manicured front lawn, and a spacious two-car garage. Step inside to soaring two-story ceilings, an abundance of natural light, and beautiful wood-look tile flooring that flows throughout the main level.

The heart of the home is a chef's dream kitchen featuring crisp white shaker cabinetry, quartz countertops, a designer hexagon tile backsplash, a gas cooktop, and an oversized center island with seating — all open to the dining area and a towering great room anchored by dramatic floor-to-ceiling windows.

A dedicated downstairs flex room makes the perfect home gym, office, or studio. Retreat to the serene primary suite with a tray ceiling, picture windows, and a calming neutral palette. Upstairs you'll find a generous loft/playroom with custom built-ins and a window seat, plus additional bedrooms — including a sweet, sunlit nursery.

Out back, enjoy a private, fully fenced yard with a covered patio, lush lawn, and low-maintenance designer landscaping with river-rock accents and freshly planted trees — ideal for Texas evenings.

Ideally located just 10 minutes from the Bee Cave Galleria and the exciting new shopping coming soon to Spanish Oaks, you'll have premier dining, shopping, and entertainment right at your fingertips.

At $287/sqft, this home is 27% 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

6305 Wavell Pl, Austin, TX 78738

Property Details

Price $735,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,561 sqft
Lot Size 0.14 acres (5,998.21 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sweetwater Ranch
County Travis
Zip Code 78738
$/sqft $287/sqft
Days on Market ,
HOA $189/Quarterly
Annual Tax Est. $15,478.21
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230447653
List Date June 24, 2026
Elementary School Rough Hollow
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 →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 24, 2026 $745,000
Current ask $735,000
Reduced $10,000 (-1.3%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
6213 Hilltop Plateau Dr
Sweetwater
$725,000 $281 4 bd / 4 ba 2,576 sqft , 2026-07-17
17324 Cain Clearing Pass
Sweetwater Ranch Sec 2 Vlgs C
$799,999 $330 4 bd / 4 ba 2,423 sqft , 2026-03-18
18704 Waltz Ct
Sweetwater Ranch Sec 1 Village
$649,900 $211 4 bd / 3 ba 3,077 sqft , 2026-09-06
6005 Hewetson Dr
SWEETWATER
$849,000 $283 4 bd / 3 ba 3,002 sqft , 2026-09-11
6312 Empresa Dr
Sweetwater
$615,000 $268 4 bd / 3 ba 2,295 sqft , 2026-05-28

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
$3,528/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
$147,000
20% conventional investment loan

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

Estimated Gross Rent+$3,528
Principal + Interest−$4,011
Property Tax (~2.1% TX avg)−$1,286
Insurance (~0.5%)−$306
Est. Monthly Cash Flow $-2,075

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 20, 2026.

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