Active Listing  ·  126 days on market

8513 Chalk Knoll Dr

Austin, TX 78735
$2,799,000
5 Bed 6 Bath 5,710 sqft $490/sqft Built 2000 0.80 acres 3-Car Garage Pool Barton Creek Sec G Ph 02

A nearly 1-acre Barton Creek Fazio golf-course estate—an exceptional opportunity under $3M.

Set in the gated Barton Creek Woods II community & positioned directly on the Fazio Golf Course of Barton Creek Country Club, this refined two-story residence blends architectural drama with thoughtful functionality. Designed for multi-generational living, the home offers 5 bedrooms with fully renovated ensuite baths, including a main-floor primary suite & an additional downstairs bedroom ideal for guests or extended family.

Inside, soaring double-height ceilings and newly installed steel doors and front windows elevate the home’s aesthetic, bringing in abundant natural light and framing views of the manicured grounds and golf course. Mesquite hardwood floors warm the main level, where the chef’s kitchen features dual islands topped in Taj Mahal quartzite and flows seamlessly into the den and eat-in area. Double steel-framed glass doors open to the expansive backyard, creating an effortless indoor-outdoor connection.

A generous primary suite offers views of the pool and golf course, with direct access to the patio. Its spa-inspired bathroom includes a soaking tub, double rain-shower faucets, and two generous walk-in closets.

French doors open to a wood-paneled main-floor office with custom built-ins, while upstairs offers three ensuite bedrooms, a media room, bonus room, and a versatile flex space.

Outdoors, entertain on the covered patio overlooking an infinity-edge pool and spa that spill toward a manicured lawn and sweeping golf-course views.

Located minutes from Barton Creek Country Club and close to many of Austin’s premier private schools—including St. Michael’s Academy, St. Gabriel’s School, Trinity Episcopal School, and St. Andrew’s Upper School—this home delivers resort-style living, modern updates, and timeless design in one of the city’s most coveted communities. Discounted Barton Creek Club social membership conveys.

*some photos virtually staged.

At $490/sqft, this home is priced 25% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

8513 Chalk Knoll Dr, Austin, TX 78735

Property Details

Price $2,799,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 5,710 sqft
Lot Size 0.80 acres (34,882.85 sqft)
Year Built 2000
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Barton Creek Sec G Ph 02
County Travis
Zip Code 78735
$/sqft $490/sqft
Days on Market ,
HOA $650/Quarterly
Annual Tax Est. $52,348.39
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224508915
List Date March 31, 2026
Elementary School Oak Hill
Middle School O Henry
High School Austin
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
5819 Westslope Dr
Cat Mountain Villas Sec 03B
$2,799,000 $698 4 bd / 4 ba 4,012 sqft , 2026-07-13
4504 Small Dr
Northwest Hills
$2,795,000 $739 4 bd / 4 ba 3,783 sqft , 2026-07-22
7724 Lynchburg Dr
Belvedere Ph 01
$2,845,000 $557 4 bd / 5 ba 5,107 sqft , 2026-03-19
508 Serene Estates Dr
Serene Hills Ph 3Wa & Rep
$2,749,000 $563 4 bd / 6 ba 4,887 sqft , 2026-07-29
5908 Bull Creek Rd
Allandale Sec 03
$2,850,000 $673 5 bd / 5 ba 4,234 sqft , 2026-02-18

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
$13,435/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
$559,800
20% conventional investment loan

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

Estimated Gross Rent+$13,435
Principal + Interest−$15,275
Property Tax (~2.1% TX avg)−$4,898
Insurance (~0.5%)−$1,166
Est. Monthly Cash Flow $-7,904

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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