$736,000
2702 Magellan Dr, Austin, TX, 78733
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About this property
Live the Lake Austin lifestyle in Eanes ISD! This updated ranch style home is cozy, warm, and move in ready. Enjoy morning coffee on the quiet front porch and a ~5 minute walk to the private neighborhood park on the banks of Lake Austin. This park is the heartbeat of the neighborhood and cultivates its down-to-earth community-oriented feel. From docks, a boat ramp, kayaks, large lap pool, ample green space, sand volleyball, basketball, and playgrounds, this park has something for all ages and is a rare and coveted amenity to have in Austin, particularly in its highest rated school district. The house itself is nicely set back on the nearly 14,000 SF lot, and upon entering the property you’re greeted by beautiful vaulted ceilings with wooden beams, Saltillo tile, a large stone fireplace, and a built in book case providing both function and warmth to the space. The living space and kitchen are open concept, perfect for entertaining and daily life. The floorplan is very functional, with the oversized primary suite on one side of the home, and the 2nd and 3rd bedrooms on the opposite side for privacy and separation. The primary suite is expansive, and offers vaulted ceilings in the bedroom, and 2 closets and dual vanities in the bathroom. The backyard is low maintenance with recent xeriscaping, multiple entertaining areas, and a covered deck perfect for watching football in the fall. There is something truly special about life in Austin Lake Estates and the Cuernavaca area – come see for yourself! Park located at 3106 Edgewater Dr is a must see!
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Learn About the Market: Opportunity in Austin




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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.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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