Active Listing  ·  145 days on market

7716 Lakewood Dr

Austin, TX 78750
$860,000
4 Bed 3 Bath 2,749 sqft $313/sqft Built 1993 0.17 acres 2-Car Garage Pool Lakewood Sec 04

Recently renovated and move-in ready, this beautiful home in the sought-after Jester community blends modern updates with everyday comfort. Inside, you’ll find brand-new flooring throughout that creates a clean, cohesive look from room to room. The home also features newly installed air conditioning units and new garage doors that add both curb appeal and functionality. Bright living spaces, thoughtful updates, and a well-maintained feel make this property an ideal place to settle in and enjoy the best of the neighborhood.

Step outside and imagine the possibilities with landscaping plans already prepared for a stunning backyard oasis. With its recent upgrades and prime location in Jester, this home offers a rare opportunity to enjoy modern living with move in ready convenience and long term lifestyle value.

SELLER is offering a $10,000 incentive for buyer to use as they wish.

At $313/sqft, this home is 20% 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

7716 Lakewood Dr, Austin, TX 78750

Property Details

Price $860,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,749 sqft
Lot Size 0.17 acres (7,501.03 sqft)
Year Built 1993
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakewood Sec 04
County Travis
Zip Code 78750
$/sqft $313/sqft
Days on Market ,
HOA $550/Annually
Annual Tax Est. $15,518.36
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222354936
List Date March 12, 2026
Elementary School Hill
Middle School Murchison
High School Anderson
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 · March 12, 2026 $930,000
Previous ask $890,000
Current ask $860,000
Reduced $70,000 (-7.5%) 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
1407 Valleyridge Dr #B
Southridge Sec 04
$860,000 $437 3 bd / 3 ba 1,968 sqft , 2025-09-03
3501 Corner Brook Cv
Shady Hollow Estates Sec 01
$859,900 $304 4 bd / 3 ba 2,831 sqft , 2026-06-11
10901 Country Knoll Knls
Spicewood Estates Sec 01
$859,000 $324 4 bd / 3 ba 2,650 sqft , 2026-06-04
4748 Eck Ln
L & P Prop
$858,858 $241 4 bd / 4 ba 3,566 sqft , 2026-06-02
14401 Laurinburg Dr
Avery Station Sec 1A Ph 1
$864,999 $288 4 bd / 3 ba 3,003 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
$4,128/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
$172,000
20% conventional investment loan

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

Estimated Gross Rent+$4,128
Principal + Interest−$4,693
Property Tax (~2.1% TX avg)−$1,505
Insurance (~0.5%)−$358
Est. Monthly Cash Flow $-2,428

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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