ActiveResidential · sale

908 Cypress Grove

Austin, TX 78732

$2,575,000

  • 6 beds
  • 4 baths
  • 5,639 sq ft
  • 1 acres
  • Built 2018

Listed by Outlaw Realty · MLS #ACT2286183

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

A main level flex room serves as a bedroom, second office, or guest space, while an additional room near the primary suite opens to a private patio, ideal as a secluded study, lounge, or pet retreat.

Year built

Built in 2018.

Garage parking

4 garage spaces listed.

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

THE PROPERTY

Get to know the property.

Tucked within the exclusive gated enclave of McCormick Ranch on Lake Austin, this private estate offers a rare opportunity to own in one of Austin’s most tightly held luxury communities with a limited collection of custom homes and close proximity to Lake Austin. Residents enjoy a quiet, secure setting just minutes from the UT Golf Club, River Place Country Club, and the shopping, dining, and waterfront lifestyle along 620, Four Points, and Lakeway.

Set on nearly a full acre with Hill Country and lake views, this Paradisa-built residence features a flexible layout with 6 bedrooms, 4 full baths, multiple living and dining areas, and a private office. Soaring ceilings and expansive glass doors and windows flood the home with natural light while creating a seamless indoor-outdoor connection.

The chef’s kitchen impresses with a massive 13 ft quartz island, Wolf appliances, Sub-Zero, full size wine fridge, custom cabinetry, and generous prep space, all opening to the main living areas for effortless entertaining. The primary suite offers a private retreat with spa-inspired bath, dual vanities, soaking tub, walk-in shower, and an expansive boutique-style closet with dressing and fit check area.

A main level flex room serves as a bedroom, second office, or guest space, while an additional room near the primary suite opens to a private patio, ideal as a secluded study, lounge, or pet retreat. Upstairs, the media room opens to a covered balcony capturing sweeping Hill Country and lake views.

The outdoor living is designed for both entertaining and everyday enjoyment with a heated pool and spa, multiple covered patios, and a fully equipped outdoor kitchen that extends the living space outdoors. A rare oversized boat/RV garage with dual access doors adds exceptional functionality.

This is more than a home, it is a private Lake Austin lifestyle offering space, design, and seamless indoor-outdoor living, ideal as a primary residence or luxury second home.

THE NEIGHBORHOOD

Explore the location.

908 Cypress Grove, Austin, TX 78732

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2018
Full baths
4
Half baths
0
Garage spaces
4
Cooling
Ceiling Fan(s), Central Air, ENERGY STAR Qualified Equipment, Exhaust Fan
Heating
Central, ENERGY STAR Qualified Equipment, Natural Gas
Appliances
Built-In Oven(s), Built-In Refrigerator, Convection Oven, Cooktop, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Cooktop, Microwave, RNGHD, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater, Tankless Water Heater, Water Softener, Wine Refrigerator
Flooring
Marble, Tile, Wood
Fencing
Back Yard, Fenced, Gate, Wrought Iron
Accessibility
None
Pool features
Heated, In Ground, Pool/Spa Combo
Subdivision
McCormick Ranch On Lake Austin
Parcel
01295303060000
HOA
McCormick Ranch On Lake Austin POA
HOA amenities
Common Area Maintenance
HOA fee frequency
Annually
Elementary school
River Ridge
Middle school
Canyon Ridge
High school
Vandegrift
Annual property tax
$47,285.90
HOA fee
$7,000.00

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$3,238.89
Estimated monthly rent$10,729.17
Cap rate1.76%

Annual operating income: $45,304.17

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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908 Cypress Grove, Austin, TX 78732 · MLS #ACT2286183

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Listing information

MLS #ACT2286183 · Austin Board of Realtors

Listing brokerage: Outlaw Realty
Listing agent: Grant Whittenberger

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