$1,449,999

About this home

Unique Lake Austin Opportunity with 3 Income-Producing Possibilities! MULTIPLE HOUSES offer a rare combination of lifestyle, flexibility, and built-in income potential. Just two blocks from Lake Austin with access to a free public boat ramp, this one-of-a-kind property blends luxury living, thoughtful design, and multiple income opportunities. The main 3-bed, 2.5-bath residence offers soaring 10-foot ceilings, English Oak wood flooring, detailed modern trim, and a stunning solid mahogany front door. The kitchen features a professional Bertazzoni oven, KitchenAid Gallery refrigerator, top-quality Asko dishwasher, built-in wine/drink fridge, all complemented by sleek concrete-look quartz countertops. A fully separate 2-bed, 2-bath apartment opens the door to a true “rent and live” scenario—live comfortably in the main home while generating income next door, or “rent both” for maximum cash flow potential. Ideal setup for multi-generational living, offering two distinct households the ability to live close while maintaining privacy and independence. Three oversized boat storage bays (10’x12’ and 31’ deep) add yet another layer of opportunity. Option to convert an additional 1,238 SQFT into live/work-space or just use for additional rental income, workshops, or secure storage for all your lake gear. The outdoor space is just as impressive and flexible. A beautiful tigerwood deck, rust-textured railing, ceiling fans for the multiple patios, decks, sitting areas, and oversized Pella windows create a seamless connection to the surrounding trees, nature and views. Designed for comfort and peace of mind, it has features like a fire suppression system, oversized smart and tank water heaters, and an oversized septic system. Located in a high appreciating area with NO HOA. If you’re looking to offset your mortgage, build income streams, or create a long-term family compound near Lake Austin, this property gives you options. Opportunities like this don’t come around often.

Description provided by the listing brokerage.

Facts

Property type

Residential · Single Family Residence

Year built

2026

Lot size

0.29 acres

Living area

3,007 sq ft

Price per sq ft

$482

Bathrooms

4 full, 1 half

Garage

5 spaces

County

Travis

Neighborhood

Lakeland Park

School district

Leander ISD

Schools

River Ridge · Canyon Ridge · Vandegrift

Features

Roof

Composition

View

Lake, Panoramic, River, Rural, Trees/Woods

Sewer

Engineered Septic, Shared Septic

Levels

Two

Cooling

Attic Fan, Ceiling Fan(s), Central Air, ENERGY STAR Qualified Equipment, Exhaust Fan, Humidity Control, Multi Units, Separate Meters, Varies by Unit, Zoned

Fencing

Partial

Heating

Electric, ENERGY STAR Qualified Equipment, Exhaust Fan, Heat Pump, Hot Water, Propane, Propane Stove, Separate Meters

Flooring

Wood

Utilities

Above Ground, Electricity Connected, Propane, Sewer Connected, Water Connected

Appliances

Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Cooktop, Electric Range, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Water Heater, Exhaust Fan, Gas Cooktop, Gas Range, Humidifier, Microwave, Propane Cooktop, RNGHD, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Electric Water Heater

Lot

Back Yard, Front Yard, Landscaped, Private, Trees-Large (Over 40 Ft), Views

Water

Public

Pool

None

Horse amenities

None

Windows

Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows, Low-Emissivity Windows, Screens, Vinyl Windows

Parking

Asphalt, Attached, Boat, Enclosed, Guest, Inside Entrance, Kitchen Level, Oversized, RV Garage, Storage, Workshop in Garage

Exterior

Balcony, Boat Ramp, CCTYD, Exterior Steps

Interior

Two Primary Baths, Two Primary Suties, Ceiling-High, Ceiling-Vaulted

Community

Fishing, High Speed Internet, Lake, Park

Foundation

Slab

Waterfront

None

Energy efficiency

Appliances, Construction, Doors, HVAC, Insulation, Lighting, Materials, Roof, Sustainability, Thermostat, Water Heater, Windows

Accessibility

Adaptable Bathroom Walls, Accessible Bedroom, Central Living Area, Accessible Closets, Common Area, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Hand Rails, Accessible Kitchen, Accessible Stairway, Accessible Washer/Dryer

Construction

HardiPlank Type, ICAT Recessed Lighting, Attic/Crawl Hatchway(s) Insulated, ICFs (Insulated Concrete Forms), Low VOC Insulation, Spray Foam Insulation, Cement Siding

Patio & porch

Covered, Deck, Front Porch, Side Porch

Location