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$1,343,000

608 Lake Estates Dr, Austin, TX, 78734

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,860 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$360.1 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Electric Oven, Double Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting, Private Yard
Lot Size23,671 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces3

Land Information

APN01418301260000
Lot Number4
SubdivisionLakeway Sec 37
Land UseResidential
Legal DescriptionLOT 4 BLK A LAKEWAY SEC 37
Census Tract035400
Assessed Land Value$200,000
Assessed Improvement Value$719,290
Assessment Year2024

About this property

Experience exquisite luxury living in Lakeway's prestigious Water Front Community. This peaceful gated enclave of 41 residences offers top-rated Lake Travis ISD schools and a plethora of nearby amenities. Crafted in limestone, this stunning home sits on over a half-acre lot with meandering oaks and lush professional landscaping. The entertainer's backyard oasis features an in-ground pool with waterfalls and an oversized spa. The interior showcases a 2023 modern renovation blending timeless elegance with modern finishes. Enjoy multiple living and dining areas, including a formal dining room, sophisticated living room, and an open family room, gourmet kitchen, and breakfast area. The home offers 4 bedrooms, a home office, and four well-appointed bathrooms. Featuring high-end hardwood floors, fresh paint, a custom double-sided fireplace, a grand wrought iron entry door, LED lighting, and tasteful finishes. The gourmet kitchen boasts granite countertops, a central island, built-in appliances, and a KitchenAid refrigerator. The primary suite is a luxurious haven with cathedral ceilings, stacked windows, a private deck, and a spa-inspired deluxe ensuite bathroom. Upstairs, a bedroom suite includes a full bathroom, wet bar, and private balcony with sunset views. The outdoor area is a sanctuary with a resort-style pool, heated spa, and multi-level limestone pool deck, perfect for entertaining. Additional features include wifi-controlled lighting and shades. 3-car garage with wifi-enabled openers and a built-in workshop. Nearby enjoy Lakeway and Hill County Golf Courses, World of Tennis, Hike & Bike trails, Lake access, Marinas, Lakeway Resort and Spa, Rough Hollow Lakeway. These amenities with membership require paid boat marina slip lease, available for lease and or waiting lists. This exceptional residence blends high-end upgrades, functional design, and unparalleled quality. Explore the virtual tour, take the 3D walkthrough, and schedule your private showing today.

Investor Tools

Property Icon
$1,343,000
Estimated Property Value
$1,214,865Estimated Mortgage Balance
$142,201Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,340 /month
Positive
Cash Flow Estimate:
$2,780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,615/month
$2,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,662
$906,197
2024
$200,000
$719,290
$919,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,662
$906,197

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$1,214,865
No
First
Apr 16, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,203,031
$139,969
10%
90%
$7,880/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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608 Lake Estates Dr | Property Details | No Agent List