Active Listing  ·  195 days on market

816 Stonewall Ridge Ln

Austin, TX 78746
$1,995,000
4 Bed 3 Bath 4,053 sqft $492/sqft Built 2006 0.29 acres 2-Car Garage Pool Sky Forest

Come see this stunning home in Eanes ISD — now priced at $492/sf ($100 below average list price for 78746) allowing room for buyer to add flooring, paint, and/or a pool per their preference. Furniture negotiable. Tucked into a private 17-home enclave with no through traffic just off Bee Cave Rd, only 15 minutes to downtown Austin.

Soaring ceilings, warm wood tones, and Italian finishes throughout. Two-story great room with wood-clad ceilings and a wall of windows. Multiple living areas, two dining spaces, a chef's kitchen, and a home office — built for both quiet mornings and easy entertaining. 4 bedrooms (one down, primary + two up). The primary suite features a striking barrel-vaulted ceiling. A backyard pergola and covered patio are perfect for al fresco living.

Tankless water heater, whole-home water softener. Fixed tax rate of 1.46%, HOA $450/month — includes the subdivision's private well and waste treatment facility, so no city water restrictions. Zoned to acclaimed Eanes ISD schools, with Westlake retail and dining minutes away.

Schedule your private showing today.

Note: Some photos, including pool and exterior paint, are virtually staged — call agent for details.

At $492/sqft, this home is priced 25% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

816 Stonewall Ridge Ln, Austin, TX 78746

Property Details

Price $1,995,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 4,053 sqft
Lot Size 0.29 acres (12,763.08 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sky Forest
County Travis
Zip Code 78746
$/sqft $492/sqft
Days on Market ,
HOA $450/Monthly
Annual Tax Est. $23,195.99
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222218746
List Date March 12, 2026
Elementary School Forest Trail
Middle School West Ridge
High School Westlake
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 $2,350,000
Previous ask $2,075,000
Current ask $1,995,000
Reduced $355,000 (-15.1%) 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
6300 Augusta National Cv
Lost Creek Sec 02
$1,875,000 $497 5 bd / 5 ba 3,770 sqft , 2026-09-22
1603 Falcon Ledge Dr
Lost Creek Sec 03-A
$2,150,000 $605 4 bd / 4 ba 3,554 sqft , 2026-09-09
1528 Ben Crenshaw Way
Lost Creek Sec 03-A
$1,799,000 $550 4 bd / 3 ba 3,269 sqft , 2026-08-24
6603 Liliana Ln #5
The Addie
$1,725,000 $478 4 bd / 5 ba 3,609 sqft , 2026-04-28

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
$9,576/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
$399,000
20% conventional investment loan

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

Estimated Gross Rent+$9,576
Principal + Interest−$10,888
Property Tax (~2.1% TX avg)−$3,491
Insurance (~0.5%)−$831
Est. Monthly Cash Flow $-5,634

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 21, 2026.

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