Active Listing  ·  21 days on market

6308 Wavell Pl

Austin, TX 78738
$899,000
4 Bed 4 Bath 3,121 sqft $288/sqft Built 2024 0.14 acres 2-Car Garage Pool Sweetwater Ranch Sec 2 Vlgs C

Welcome to 6308 Wavell Place, an elegant two-story residence in Austin’s sought-after Sweetwater community. Spanning approximately 3,121 square feet per attached floor plan, the home offers four bedrooms, three full and one half bathrooms, a dedicated office, separate game and media rooms, and an attached two-car garage. An inviting porch opens to a dramatic two-story rotunda with a sweeping wrought-iron staircase, tiered circular ceiling, contemporary chandelier, and soaring windows. Beyond the foyer, abundant natural light fills the open-concept kitchen and family room. The kitchen features an oversized island with seating, quartz countertops, 42-inch upper cabinetry, and built-in stainless steel appliances, while the adjoining family room is anchored by a sleek linear gas fireplace and wall of windows. The main-level primary suite includes a luxurious ensuite with dual vanities, a freestanding soaking tub, oversized walk-in shower, and spacious walk-in closet. An office, half bathroom, laundry room, and mudroom complete the main level. Upstairs are three secondary bedrooms, two full bathrooms, and separate game and media rooms. Outside, the fully fenced and landscaped backyard features a generous covered patio. Residents enjoy Sweetwater’s extensive amenities, including multiple pools, a fitness center, sports field and sport court, playscapes, pavilions, Hilltop Park, putting green, and miles of trails and natural open space. Currently zoned to Rough Hollow Elementary, Lake Travis Middle School, and Lake Travis High School, this refined home combines distinctive architecture, light-filled interiors, and an exceptional Hill Country lifestyle.

At $288/sqft, this home is 27% 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

6308 Wavell Pl, Austin, TX 78738

Property Details

Price $899,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,121 sqft
Lot Size 0.14 acres (6,002.57 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sweetwater Ranch Sec 2 Vlgs C
County Travis
Zip Code 78738
$/sqft $288/sqft
Days on Market ,
HOA $260/Quarterly
Annual Tax Est. $13,132.52
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245547488
List Date September 2, 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.

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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 · September 2, 2026 $899,000
Previous ask $950,000
Current ask $899,000
Increased , (+0.0%) 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
18716 Brady Clearing Ln
Sweetwater
$900,000 $278 5 bd / 4 ba 3,235 sqft , 2026-05-12
18605 Amberg Pl
Sweetwater Ranch Sec 1 Village
$865,000 $238 4 bd / 4 ba 3,634 sqft , 2026-06-13
6005 Hewetson Dr
SWEETWATER
$849,000 $283 4 bd / 3 ba 3,002 sqft , 2026-09-11
17324 Cain Clearing Pass
Sweetwater Ranch Sec 2 Vlgs C
$799,999 $330 4 bd / 4 ba 2,423 sqft , 2026-03-18
18800 Hopper Ln
Sweetwater
$1,010,000 $315 4 bd / 4 ba 3,209 sqft , 2026-07-02

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
$4,315/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
$179,800
20% conventional investment loan

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

Estimated Gross Rent+$4,315
Principal + Interest−$4,906
Property Tax (~2.1% TX avg)−$1,573
Insurance (~0.5%)−$375
Est. Monthly Cash Flow $-2,539

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 16, 2026.

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