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$3,950,000

12811 River Bnd, Austin, TX, 78732

On MarketInfo
Beds7 Beds
Baths8 Bath
Baths6,000 Sq Ft
SingleFamilyResidenceSingleFamilyResidence
price_per_sqft$658.33 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms Full 7Bathrooms Full 7
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
AppliancesCooktop, Dishwasher, Disposal, Exhaust Fan, Free-Standing Gas Range
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting
Lot Size3,920 sqft

Building Information

Year Built1983
Stories1
Roof Type112
Garage Spaces2

Land Information

APN01275801370000
SubdivisionBaldwins Point Resub
Land UseResidential
Legal Description.09 AC OF BLK A BALDWINS POINT RESUB
Census Tract035100
Assessed Land Value$225,005
Assessed Improvement Value$99,730
Assessment Year2025

About this property

Direct Lake Austin frontage with a private dock sets this 1.49-acre compound apart from anything else in the Lake Austin market. A rare multi-structure waterfront retreat with direct water access, a private boathouse, and two boat slips, all set against the undisturbed backdrop of the Balcones Canyonlands Preserve, this is the lake lifestyle at its most authentic. Mature pecan and live oak trees canopy the grounds, a private drive leads through the property, and every structure faces the waters and views of Lake Austin in Austin's desirable 78732 corridor. Situated next door to the acclaimed Lake Austin Spa Resort, rated the No. 1 Destination Spa in the United States by Conde Nast Traveler two years running and recognized among the world's top spas by Travel and Leisure, the location alone places this property in a class entirely its own on the Texas waterfront. The compound spans six fully independent structures across two lots: a two-story main house with a third-floor loft, four charming cabins with distinct character, a light-filled art studio, and the iconic lakeside boathouse, totaling 7 beds, 8 baths, and 6,000 sq ft. Each cabin features its own kitchen, living area, and private outdoor space, including covered patios, screened porches, wraparound decks, and an A-frame with covered balcony. The main house showcases soaring ceilings with exposed beams, a stone fireplace, rich hardwood floors, a solarium, and a front deck with sweeping lake views facing undeveloped preserve land. Ideal as a multi-generational Lake Austin retreat, a vacation rental compound, or a private lakefront estate, the income and lifestyle possibilities here are virtually unmatched on this stretch of water. Top-rated Leander ISD schools, including River Ridge Elementary, Canyon Ridge Middle, and Vandegrift High School, serve the area, with Quinlan Crossing shopping, dining, and everyday services minutes away via RR 620 and convenient access to downtown.

Investor Tools

$1,994Estimated Mortgage Balance
$2,178,006Estimated Equity
99% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,700 /month
Positive
Cash Flow Estimate:
$7,900 /month

Interested in this property?

Gene Arant

Keller Williams - Lake Travis

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,332/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,083
$324,735
2025
$225,005
$99,730
$324,735
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,083
$324,735

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Craig Williams
Seller Carryback / Seller Financing / Seller Take-Back
$209,874
No
First
Jul 1, 1996
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,994
$2,178,006
99%
0%
$1,259/mo

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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