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$789,000

NAL Estimated Property Value

2918 Ranch Road 620 N R296, Austin, TX, 78734

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,787 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$286.69 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size8,438 sqft

Building Information

Year Built1997
Stories3
Roof Type112

Land Information

APN01526010060195
Lot Number199
SubdivisionVillas On Travis Condominiums Amended
Land UseTownhomes
Legal DescriptionUNT 296 BLD R VILLAS ON TRAVIS CONDOMINIUMSAMENDED PLUS .9511% INTEREST IN COMMON AREA
Census Tract031400
Assessed Land Value$202,536
Assessed Improvement Value$448,262
Assessment Year2025

About this property

Discover this unique three-story waterfront condo on Lake Travis with stunning lake views from every room. This spacious corner unit boasts 4 bedrooms and 4 full bathrooms, blending comfort, style, and functionality. The main level offers a secondary bedroom with an adjacent full bath and walk-in closet, perfect for guests, along with a living space and balcony. The second floor includes another private guest bedroom with its own bathroom and closet, as well as a family room with a fireplace and deck access for enjoying the breathtaking scenery. The open-concept kitchen, complete with a bar and breakfast area, flows seamlessly into the family and dining rooms, making it ideal for casual entertaining. On the third level, the luxurious primary bedroom features a fireplace, an ensuite bath with dual vanities, a soaking tub, separate shower, and a walk-in closet, along with a private balcony showcasing spectacular water views. An additional bedroom and full bathroom are also on this floor. Nestled within a gated community, this exclusive residence provides access to premium amenities, including a state-of-the-art fitness center, tennis courts, two pools with spas, a day dock for lake activities, and a convenient tram service. HOA fees cover essential utilities like water, sewer, trash, cable, and internet, ensuring a luxurious, low-maintenance lifestyle. Whether you're looking for a full-time residence or an investment property, this exceptional waterfront home on Lake Travis is a must-see. This home is very unique and must see! Seller will contribute $10,000 for updates with a strong offer.

Investor Tools

Property Icon
$789,000
Estimated Property Value
$413,254Estimated Mortgage Balance
$375,746Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,176/month
$1,270/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,164
$650,798
2025
$202,536
$448,262
$650,798
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,164
$650,798

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$450,000
No
First
Dec 30, 2021
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$413,254
$375,746
47%
52%
$2,698/mo

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.

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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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2918 Ranch Road 620 N R296 | Property Details | No Agent List