ActiveResidential · sale

2 Prestonwood

Lakeway, TX 78734

$749,900

  • 3 beds
  • 4 baths
  • 2,817 sq ft
  • 0.15 acres
  • Built 2015

Listed by Moreland Properties · MLS #ACT6603211

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Outside, mature landscaping, stone hardscape, and the expanded covered porch complement the golf course setting, while the garage features epoxy flooring and built-in storage.

Year built

Built in 2015.

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.

Welcome to 2 Prestonwood Cove, where sweeping golf course views, thoughtful upgrades, and effortless lock-and-leave living come together in the gated Boulevard at Lakeway community.

Set on a quiet cul-de-sac and overlooking the fairway and green, this beautifully enhanced residence offers a front-row seat to one of Lakeway’s most desirable settings.Built in 2015, the home features 3 bedrooms, 3.5 bathrooms, 3 living areas, and a 2-car attached garage, with an open-concept design that feels equally suited for everyday living and entertaining.

The kitchen, dining, and main living spaces flow seamlessly together, while expansive windows fill the home with natural light and keep the golf course views at the forefront. An extended covered rear porch creates an inviting outdoor living space and the perfect place to take in the setting.The home has been extensively upgraded beyond its original construction, with particular attention given to the kitchen. Highlights include a Sub-Zero refrigerator, Sub-Zero beverage and wine cooler, upgraded Bosch appliances with double convection ovens, Silestone countertops, an expanded island, custom cabinetry, designer lighting, and elevated finish selections throughout.Wood flooring, custom iron stair balusters, Hunter Douglas window treatments with blackout shades in select rooms, and sound-dampening insulation between levels add both style and comfort.

Outside, mature landscaping, stone hardscape, and the expanded covered porch complement the golf course setting, while the garage features epoxy flooring and built-in storage. HOA-provided lawn care and maintained streets make it easy to enjoy the home without the upkeep, and residents also have access to a community gazebo.

Beautifully upgraded, exceptionally maintained, and positioned to take full advantage of its golf course setting, 2 Prestonwood Cove offers a rare combination of views, privacy, convenience, and effortless Lakeway living.

THE NEIGHBORHOOD

Explore the location.

2 Prestonwood, Lakeway, TX 78734

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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
2
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Central, Electric
Appliances
See Remarks, Built-In Electric Oven, Built-In Oven(s), Dishwasher, Disposal, Electric Cooktop, Instant Hot Water, Microwave, Electric Oven, Double Oven, RNGHD, Refrigerator, Stainless Steel Appliance(s), Electric Water Heater, Wine Cooler
Flooring
Carpet, Tile, Wood
Fencing
Partial
Accessibility
None
Pool features
None
Subdivision
Boulevard At Lakeway
Parcel
01377815020000
HOA
Boulevard at Lakeway
HOA amenities
Common Area Maintenance
HOA fee frequency
Monthly
Elementary school
Serene Hills
Middle school
Hudson Bend
High school
Lake Travis
Annual property tax
$6,234.68
HOA fee
$300.00

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$1,453.03
Estimated monthly rent$3,124.58
Cap rate2.58%

Annual operating income: $19,311.17

Have ERA review this rental estimate

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

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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 & 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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2 Prestonwood, Lakeway, TX 78734 · MLS #ACT6603211

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More in Lakeway.

Listing information

MLS #ACT6603211 · Austin Board of Realtors

Listing brokerage: Moreland Properties
Listing agent: Monica Painter

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