Active Listing  ·  179 days on market

8611 Young Ln

Austin, TX 78737
$2,300,000
4 Bed 6 Bath 7,424 sqft $310/sqft Built 2002 1.94 acres 2-Car Garage Pool Estates Lewis Mountain

This generously sized custom home is situated on 2 acres in coveted Estates of Lewis Mountain, an exclusive gated community with 15 custom homes. Homes in the Estates of Lewis Mountain rarely come on the market. Young Lane ends in a quiet cul-de-sac, lightly traveled, peaceful serenity. The 2 acre homesite feels far more expansive as the south facing backyard extends to acres of privately owned, unbuildable land. Low tax rate (1.58), with quick access to downtown & the airport. This estate home is situated on a level homesite with over 100 trees, an emphasis on privacy and taking advantage of the hill country setting. Plenty of space for a pool and/or casita, very private. The home has exquisite finishes & spares no extravagance in the pursuit of fine living. A grand circular entry foyer presents soaring ceilings featuring a breathtaking elegant chandelier as the focal point. The sweeping staircase leads to a dramatic circular loggia upstairs. Two upstairs bedrooms with ensuite bathrooms overlook beautiful backyard trees. The Primary Suite has all the grandeur one could desire with separate His & Hers bathrooms and separate His & Hers closets. Her Bathroom features a massive soaking tub & expansive make-up/counter area. An adjoining Exercise Room with it’s own half bath could be used as a study nook, dressing room, endless possibilities. His Bathroom features a walk in shower & separate closet. Another room attached to the Primary Suite can be an additional sitting room or nursery with wood burning fireplace. A separate wing includes a living/media room & office but can be used as a private guest wing with a separate entrance & parking. A warm Family Room opens to a gourmet Kitchen with a beautiful brick wall and kitchen bar detail. There is also a small wine room. The home features antique oak hardwoods, marble flooring and extensive custom moldings. Too many beautiful architectural details to list here, one must view in person to experience.

At $310/sqft, this home is 21% 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

8611 Young Ln, Austin, TX 78737

Property Details

Price $2,300,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 2
Living Area 7,424 sqft
Lot Size 1.94 acres (84,506.4 sqft)
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Estates Lewis Mountain
County Travis
Zip Code 78737
$/sqft $310/sqft
Days on Market ,
HOA $800/Annually
Annual Tax Est. $21,399.48
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT218349509
List Date February 6, 2026
Elementary School Baldwin
Middle School Gorzycki
High School Bowie
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 · February 6, 2026 $2,450,000
Previous ask $2,350,000
Current ask $2,300,000
Reduced $150,000 (-6.1%) 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
4001 Tejon Cir
Vista Grande Sec 02
$2,295,000 $411 4 bd / 6 ba 5,588 sqft , 2026-03-24
140 Midnight Sky Dr
Skylight Hills
$2,250,000 $459 4 bd / 6 ba 4,900 sqft , 2026-05-25
4626 High Gate Dr
Westminster Glen
$2,350,000 $475 4 bd / 4 ba 4,950 sqft , 2026-06-12
508 Woodside Ter
Lakeway Highlands Ph 1 Sec 7B
$2,249,900 $365 5 bd / 8 ba 6,164 sqft , 2026-04-29
11813 Eagles Glen Dr
Steiner Ranch
$2,200,000 $401 5 bd / 5 ba 5,486 sqft , 2026-07-23

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
$11,040/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
$460,000
20% conventional investment loan

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

Estimated Gross Rent+$11,040
Principal + Interest−$12,552
Property Tax (~2.1% TX avg)−$4,025
Insurance (~0.5%)−$958
Est. Monthly Cash Flow $-6,495

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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