ActiveResidential · sale

1606 Buffalo Gap

Austin, TX 78734

$2,499,000

  • 4 beds
  • 5 baths
  • 3,898 sq ft
  • 1.66 acres
  • Built 2013

Listed by Compass RE Texas, LLC · MLS #ACT2971921

1606 Buffalo Gap, Austin, TX 78734 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Balcony resurfacing was completed in 2023, and the lower-level media and flex space with wet bar opens to the waterfront terrace.

Year built

Built in 2013.

Garage parking

2 garage spaces listed.

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

THE PROPERTY

Get to know the property.

Deep water Lake Travis waterfront home with private boat dock on the South Shore of Lake Travis, offering panoramic main-body views just minutes from RR 620. Set on 1.65 acres extending into the deepest portion of a protected no-wake cove, the property provides calm dockside waters and sweeping views across Lake Travis. Completed in 2013 and enhanced with over $400,000 in upgrades, the 3,898-square-foot residence is designed for luxury waterfront living and effortless entertaining with vaulted ceilings, exposed beams, stone fireplace, and walls of glass framing the lake and creating seamless indoor-outdoor living. The open-concept kitchen remodeled in 2023 offers refined finishes and excellent functionality, complemented by updated lighting, an updated half bath, and interior and exterior painting completed in 2022. The main-level primary suite captures lake views and features a spa-style bath with dual-entry walk-in shower, soaking tub, and oversized walk-in closet. Three additional bedrooms with water views are served by three and a half additional bathrooms, along with a study, full laundry room, and gym or flex space with updated flooring (2025). Outdoor living includes upper and lower decks with 180-degree Lake Travis views, a full outdoor kitchen, and fireplace ideal for entertaining. Balcony resurfacing was completed in 2023, and the lower-level media and flex space with wet bar opens to the waterfront terrace. A 2025 outdoor tram provides convenient access to the private boat dock extended in 2022 with boat lift and upgraded electrical, offering quick access to calm cove waters and open-water boating. Additional improvements include a geothermal HVAC system installed in 2024 for energy-efficient comfort. Located in Lake Travis ISD with convenient access to marinas, golf, dining, recreation, and Austin shopping, entertainment, and airport access, this property represents an exceptional opportunity for private deep-water Lake Travis waterfront living.
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THE NEIGHBORHOOD

Explore the location.

1606 Buffalo Gap, Austin, TX 78734

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2013
Full baths
4
Half baths
1
Garage spaces
2
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Central, Electric
Appliances
See Remarks, Bar Fridge, Built-In Gas Oven, Built-In Gas Range, Built-In Oven(s), Built-In Range, Built-In Refrigerator, Dishwasher, Gas Cooktop, Gas Range, Microwave, Oven, Gas Oven, Double Oven, Range, RNGHD, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer/Dryer, Water Heater, Wine Refrigerator
Flooring
Tile, Wood
Fencing
None
Accessibility
None
Pool features
None
Subdivision
Buffalo Gap
Parcel
01476801160000
Elementary school
Lake Travis
Middle school
Hudson Bend
High school
Lake Travis
Annual property tax
$31,184.00

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—
Estimated monthly rent$10,412.50
Cap rate—

Annual operating income: —

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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 & interest—Loan 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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1606 Buffalo Gap, Austin, TX 78734 · MLS #ACT2971921

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Listing information

MLS #ACT2971921 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Michelle Jones

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