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$789,000

116 Blue Clearing WAY, Austin, TX, 78738

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths3,057 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$258.1 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Energy Star Qualified Appliances, Exhaust Fan, Gas Cooktop, Disposal, Microwave, Self Cleaning Oven, Stainless Steel Appliances
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesIn Wall Pest Control System, Rain Gutters
Lot Size20,011 sqft

Building Information

Year Built2015
Stories2
Roof Type104
Garage Spaces2

Land Information

APN01378312040000
Lot Number3
SubdivisionRough Hollow Sec 3 Condominiums
Land UseResidential
Legal DescriptionUNT 3 ROUGH HOLLOW SEC 3 CONDOMINIUMS PLUS 2.38 % INT IN COM AREA
Census Tract035400
Assessed Land Value$176,094
Assessed Improvement Value$717,701
Assessment Year2025

About this property

Elegant luxury meets everyday comfort in this beautifully designed home featuring a dramatic two-story foyer and sweeping curved staircase that creates an unforgettable first impression. The thoughtfully designed floor plan offers two bedrooms on the main level and two additional bedrooms upstairs, providing flexibility for family and guests. A private first-floor study showcases stunning floor-to-ceiling built-ins, creating the ideal work-from-home space. The gourmet kitchen is a chef's dream, featuring premium GE Monogram appliances, a large center island, generous eat-in dining area, and seamless flow into the spacious living room. Soaring 12-foot ceilings and a cozy fireplace enhance the open-concept living space, making it perfect for both entertaining and everyday living. Step outside to the covered patio featuring electric sun shades and take in the peaceful greenbelt and canyon views. wiith room to add a pool, this outdoor retreat offers endless possibilities for relaxation and entertaining. Just 30 minutes from downtown Austin you will find Rough Hollow - a resort style community on the prestigious South shore of Lake Travis. Featuring direct lake access, breathtaking Hill Country views and world-class amenities such as the Rough Hollow Yacht Club and Marina, Canyon Grille, miles of hike and bike trails, luxurious pools, gym, pavilion & Highland Village: a water-themed amenities center. Rough Hollow offers an unparalleled lakeside lifestyle close to dining, shopping, golf & tennis. Upstairs, enjoy a versatile game room complete with a built-in desk area, ideal for homework, hobbies, or a secondary workspace. The home offers 3 full baths and 1 half bath, thoughtfully designed to accommodate family and guests with ease.

Investor Tools

Property Icon
$750,702
Estimated Property Value
$0Estimated Mortgage Balance
$210,131Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,734 /month
Positive
Cash Flow Estimate:
$1,578 /month

Interested in this property?

Andrea Parker

eXp Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,364/month
$223/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,612
$750,702
2025
$176,094
$717,701
$893,795
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,612
$750,702

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security State Bank & Trust
Purchase Money Mortgage
$600,000
No
First
Jun 1, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$540,571
$210,131
27%
72%
$3,598/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$3,821/mo
$-801/mo
4.8%

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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