Active Listing  ·  24 days on market

5731 Pool Canyon Cv

Austin, TX 78734
$900,000
3 Bed 3 Bath 2,784 sqft $323/sqft Built 1972 1.78 acres 2-Car Garage Pool Waterfront Hudson Bend Colony 02

Discover a unique opportunity to transform a 2,784-square-foot home, built in 1972, on 1.78 acres in the peaceful Hudson Bend community. This property, ripe for renovation, boasts a solid foundation with enduring features that serve as an ideal canvas for creating a personalized lakeside retreat. The home showcases classic architectural details, including exposed beamed ceilings, elegant plantation shutters, a functional breakfast bar, and generous walk-in closets, offering ample storage and versatility. The third bedroom, currently utilized as a dedicated office space, adapts effortlessly to your lifestyle needs, whether as a home office, guest room, or creative studio. The property’s lot gracefully follows the path of a creek flowing from Lake Travis, creating a serene natural boundary and enhancing the sense of seclusion. An abundance of wildlife, such as deer, call this property home, adding to its natural charm. A private balcony and a lakeside sitting area offer views of the lake’s waters and surrounding greenery, presenting perfect opportunities to craft inviting spaces for relaxation or sophisticated entertaining. Positioned on a quiet cul-de-sac with a private entrance, the home ensures both privacy and accessibility. All improvements are thoughtfully situated on Lot 3 of a three-lot parcel, providing significant flexibility to maintain the property as a private enclave or explore development possibilities on the additional lots. Whether you envision modernizing the existing structure with contemporary finishes or expanding to create a bespoke lakeside estate, this property offers boundless potential. Its prime location, just steps from Lake Travis, appeals to water enthusiasts and nature lovers alike, offering a lifestyle of tranquility and outdoor adventure. This Hudson Bend gem is a rare find, ready for your vision to transform it into a masterpiece.

At $323/sqft, this home is 17% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5731 Pool Canyon Cv, Austin, TX 78734

Property Details

Price $900,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,784 sqft
Lot Size 1.78 acres (77,536.8 sqft)
Year Built 1972
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hudson Bend Colony 02
County Travis
Zip Code 78734
$/sqft $323/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $20,504.97
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT248002364
List Date October 19, 2026
Elementary School Lake Travis
Middle School Hudson Bend
High School Lake Travis
School District Lake Travis ISD

Lake Travis ISD

Lake Travis · Hudson Bend · Lake Travis

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
5002 Weletka Dr
Travis Landing
$925,000 $293 4 bd / 4 ba 3,161 sqft , 2026-11-05
17042 Trail of the Woods None
Woods of Lake Travis
$850,000 $286 4 bd / 3 ba 2,975 sqft , 2026-07-16
4748 Eck Ln
L & P Prop
$795,000 $223 4 bd / 4 ba 3,566 sqft , 2026-06-02
16001 Pool Canyon Rd
Hudson Bend Colony No 2
$1,050,000 $316 4 bd / 5 ba 3,322 sqft , 2026-02-16
17101 Feather Rock Trl
Brill Arno 02 Amd
$700,000 $236 3 bd / 3 ba 2,964 sqft , 2026-05-08

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
$4,320/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
$180,000
20% conventional investment loan

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

Estimated Gross Rent+$4,320
Principal + Interest−$4,912
Property Tax (assumed ~2.1%)−$1,575
Insurance (assumed ~0.5%)−$375
Est. Monthly Cash Flow $-2,542

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 →

Neighborhood Context

About Hudson Bend

Hudson Bend is Austin's best-kept secret for lake living. Tucked onto a quiet peninsula between Lake Travis and the Colorado River arm just west of Lakeway, this unincorporated Travis County community sits at the intersection of outdoor lifestyle and genuine Austin authenticity - without the resort-town price premium of some Lake Travis communities.

The neighborhood runs the full spectrum from original mid-century fishing cabins on large lots to fully renovated luxury estates with private boat docks and sweeping lake views. That range creates an unusual real estate market: buyers can enter with a livable home on a generous lot, or go all the way to a turnkey waterfront estate on the open water.

⛵
Lake Travis Access

Multiple public boat ramps and marinas within the community, plus private docks on waterfront properties. Lake Travis offers 65 miles of shoreline and is the premier boating lake in the Austin metro - home to sailing regattas, wake sports, and fishing year-round.

🏫
Lake Travis ISD

One of the highest-rated school districts in Texas. Lake Travis High School consistently ranks among the top 10% of Texas high schools for academics, athletics, and fine arts. The district draws buyers from across Austin specifically for its schools.

🌳
Genuine Peninsula Character

Hudson Bend's peninsular geography creates a neighborhood with only one main road in and out - which means low through-traffic, neighborhood quiet, and a genuine sense of community that suburban subdivisions rarely achieve.

💰
Value vs. Other Lake Travis Communities

Lakefront and lake-access property in Hudson Bend typically runs below comparable properties in the more developed parts of Lakeway or Spicewood. For buyers who want the lake lifestyle without paying a premium for polish, Hudson Bend is the strongest value proposition on Lake Travis.

Full Hudson Bend Guide →

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 · 41 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. The written content was last updated on October 20, 2026.

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

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