ActiveResidential · sale

343 Covered Wagon

Driftwood, TX 78619

$2,290,000

  • 4 beds
  • 4 baths
  • 3,849 sq ft
  • 9.89 acres
  • Built 2015

Listed by Compass RE Texas, LLC · MLS #ACT6840651

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The heart of the home features soaring ceilings and a spacious family room with a dramatic floor-to-ceiling stone fireplace, seamlessly flowing into the chef’s kitchen and dining area.

Details worth a look

Step outside to your own private resort—featuring a sparkling in-ground pool, spa, covered patio, and a fenced backyard perfect for entertaining or simply soaking in the tranquil surroundings and abundant wildlife.

Year built

Built in 2015.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to this rare equestrian estate nestled on nearly 10 private acres in the prestigious gated community of La Ventana. $154,000 Below 2026 Tax Appraisal!
This stunning single-story custom stone home with a standing seam metal roof sits on a peaceful cul-de-sac and is accessed via a long, paver-lined driveway that winds through a private, tree-lined setting. Designed with both elegance and function in mind, this 4-bedroom, 3.5-bath residence offers an open-concept layout flooded with natural light and high-end finishes throughout.

The heart of the home features soaring ceilings and a spacious family room with a dramatic floor-to-ceiling stone fireplace, seamlessly flowing into the chef’s kitchen and dining area. The kitchen is a culinary dream, complete with dual oversized granite islands, top-of-the-line Thermador stainless appliances, pendant lighting and beautiful cabinetry.

Each bedroom includes its own en-suite bath for maximum privacy, and the home also boasts a dedicated home theater with a 120” screen, a fitness room with mirrored walls and cushioned flooring, and direct access to the outdoor living area. The luxurious primary suite offers serene Hill Country views, sitting area, and a spa-like bath with a soaking island tub, walk-in shower, & expansive closet with built-in dresser.

Step outside to your own private resort—featuring a sparkling in-ground pool, spa, covered patio, and a fenced backyard perfect for entertaining or simply soaking in the tranquil surroundings and abundant wildlife.

La Ventana’s unmatched community amenities include a gated entrance, lodge-style clubhouse with pools and spas, fitness center, meeting areas, commercial kitchen, driving range, putting green, tennis and pickleball courts, playground, BBQ areas, and dedicated walking and horseback riding trails—all with private access to scenic Flat Creek.

Bring your horses and experience Hill Country luxury living at its finest. $279,470 Below Tax Appraisal, 2025

THE NEIGHBORHOOD

Explore the location.

343 Covered Wagon, Driftwood, TX 78619

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2015
Full baths
3
Half baths
1
Garage spaces
3
Cooling
Ceiling Fan(s), Central Air, Electric, Heat Pump, Zoned
Heating
Central, Fireplace(s), Heat Pump, Propane, Propane Stove, Zoned
Appliances
Built-In Electric Oven, Built-In Oven(s), Convection Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Oven, Plumbed For Ice Maker, Propane Cooktop, RNGHD, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater, Water Purifier, Water Purifier Owned, Water Purifier Rented, Water Softener, Water Softener Owned
Flooring
Carpet, Tile, Wood
Fencing
Back Yard, Fenced, Gate, Wrought Iron
Accessibility
None
Pool features
Fenced, Filtered, Gunite, In Ground, Pool Sweep, Pool/Spa Combo, Waterfall
Subdivision
La Ventana Ph 5
Parcel
1146880000404002
HOA
La Ventana Ranch Owners Association
HOA amenities
See Remarks, Common Area Maintenance
HOA fee frequency
Monthly
Elementary school
Carpenter Hill
Middle school
Eric Dahlstrom
High school
Johnson High School
Annual property tax
$29,273.50
HOA fee
$133.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$4,333.63
Estimated monthly rent$9,541.67
Cap rate2.52%

Annual operating income: $57,728.53

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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343 Covered Wagon, Driftwood, TX 78619 · MLS #ACT6840651

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Listing information

MLS #ACT6840651 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Stacy Bass

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.