ActiveResidential · sale

316 Martinique

Austin, TX 78734

$2,375,000

  • 5 beds
  • 5 baths
  • 5,417 sq ft
  • 0.39 acres
  • Built 2007

Listed by Compass RE Texas, LLC · MLS #ACT4759933

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2007.

Garage parking

3 garage spaces listed.

Property size

0.39 acres listed.

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

THE PROPERTY

Get to know the property.

This extraordinary estate at 316 Martinique Pass in Austin, TX 78734 offers breathtaking panoramic views of Lake Travis and the Rough Hollow Marina. This view is shared by only 3 plots which were the original plots sold in Rough Hollow. The property is also one of few that has its own private gate to the yacht club. Tucked away on a peaceful cul-de-sac, this residence embodies elegance and sophistication, seamlessly blending unmatched outdoor beauty with luxurious interiors. At the heart of the property, a stunning infinity pool creates the illusion of merging with the lake, providing a serene oasis where water and sky become one. As the sun sets, the horizon is painted in brilliant hues, casting a golden glow over the landscape and transforming each evening into a mesmerizing spectacle. Inside, the grandeur continues with a soaring two-story great room, anchored by a striking custom stone fireplace. The gourmet kitchen is a chef’s dream, featuring high-end appliances, custom cabinetry, and expansive counter space for both functionality and style. A mezzanine-level study and a lofted library rotunda offer refined spaces for work and relaxation, while the lofted game room and an expansive home theater create the ultimate setting for entertainment. The luxurious master suite serves as a private sanctuary, boasting breathtaking views and a spa-like bathroom designed for tranquility. Situated within an exclusive gated community, residents enjoy access to two premier amenity centers, world-class golf courses, tennis courts, and even a private aircraft airport. Blending timeless architectural elegance with contemporary luxury, this estate offers an unparalleled living experience. With its infinity pool overlooking the lake and unforgettable sunset vistas, this home is a rare opportunity to own a piece of paradise.

THE NEIGHBORHOOD

Explore the location.

316 Martinique, Austin, TX 78734

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2007
Full baths
4
Half baths
1
Garage spaces
3
Cooling
Central Air
Heating
Central
Appliances
Built-In Oven(s), Convection Oven, Dishwasher, Disposal, Microwave, Double Oven
Flooring
Tile, Wood
Fencing
Back Yard, Fenced, Wrought Iron
Accessibility
None
Pool features
Infinity, Pool/Spa Combo
Subdivision
Rough Hollow Sec 10
Parcel
01418601670000
HOA
Rough Hollow
HOA amenities
Common Area Maintenance
HOA fee frequency
Semi-Annually
Elementary school
Serene Hills
Middle school
Lake Travis
High school
Lake Travis
Annual property tax
$35,109.00
HOA fee
$890.00

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$4,085.29
Estimated monthly rent$9,895.83
Cap rate2.31%

Annual operating income: $54,961.01

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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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316 Martinique, Austin, TX 78734 · MLS #ACT4759933

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Listing information

MLS #ACT4759933 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Teri Fogarty

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