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$1,040,000

721 Rawson Bnd, Lakeway, TX, 78738

Under ContractInfo
Beds4 Beds
Baths4 Bath
Baths3,830 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$271.54 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesCooktop, Dishwasher, Disposal, Microwave
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard
Lot Size15,002 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01359002460000
Lot Number101
SubdivisionLakeway Highlands Phs 3 Sec 4
Land UseResidential
Legal DescriptionLOT 101 BLK A LAKEWAY HIGHLANDS PHS 3 SEC 4
Census Tract035400
Assessed Land Value$534,433
Assessed Improvement Value$436,537
Assessment Year2025

About this property

Walk through the front door and you immediately know—this one is different. A breathtaking rotunda entry sets the tone with soaring ceilings, a dramatic chandelier, and that unmistakable feeling that every detail was thoughtfully designed. Perfectly positioned on one of the best lots in La Mesa, this home offers a rare sense of privacy and connection to nature. Surrounded by greenery, it has a treehouse-like feel that brings the outdoors in, with just the right touch of a calm, zen-inspired atmosphere throughout. The main living area is open, airy, and anchored by a stunning kitchen that means business—quartz countertops, a massive center island, ceiling-height cabinetry, stainless appliances, and a layout that flows seamlessly into the family room and dining spaces. Whether you're hosting a dinner party or enjoying a quiet Saturday morning, this space delivers every single time. The primary suite on the main floor is a true retreat, featuring coffered ceilings and a spa-style bath with dual vanities, a walk-in shower, and a closet that will absolutely impress. Upstairs, three additional bedrooms, a game room, and a dedicated media room wired for sound give everyone their own space to live, work, and unwind. French doors, crown molding, and coffered ceilings throughout reinforce that this home was built with intention—not afterthought. Step outside to the covered patio and experience the seamless indoor-outdoor lifestyle this lot was meant for—private, peaceful, and surrounded by nature. Located just a short walk to Butler Park and minutes from Rough Hollow’s resort-style amenities, lake access, and Lake Travis ISD schools—this one truly has it all. Come see it before it’s gone.

Investor Tools

$794,303Estimated Mortgage Balance
$235,697Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,240 /month
Positive
Cash Flow Estimate:
$2,080 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,894/month
$260/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,581
$970,970
2025
$534,433
$436,537
$970,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,581
$970,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$840,543
No
First
May 22, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$794,303
$235,697
22%
77%
$5,040/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$5,300/mo
$-2,280/mo
3.5%

City: Lakeway

721 Rawson Bnd | Property Details | No Agent List