#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024This property has sold on February 2, 2026. Looking for something similar? Contact us or browse available homes.
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$635,000
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Priced $175,000 below tax appraisal! Experience contemporary living near Lake Austin in this architecturally striking 3-bedroom, 2.5-bath retreat in Apache Shores. Built in 2017 by PGM Design + Build, this modern home greets you with soaring ceilings, sleek finishes, and an open, light-filled layout. The property features a commercial-grade membrane roof—exceptionally durable and versatile enough to support a deck, rooftop garden, or future outdoor living space. Inside, polished concrete and warm wood flooring create a seamless, sophisticated aesthetic. The spacious main-level primary suite offers comfort, privacy, and beautiful natural light. The kitchen is outfitted with stainless steel appliances and a free-standing range, ideal for everyday living or entertaining guests. A standout highlight is the detached bonus building at the front of the property—perfect for a private guest suite, home office, creative studio, or media room. The fenced, secluded lot is designed for both relaxation and gathering. Please note: the second photo is a backyard rendering and not the actual yard. Residents enjoy access to a shared boat dock and are just a short walk from Lake Austin, offering scenic views, water activities, and a relaxed lake-lifestyle environment. Located within the highly sought-after Lake Travis ISD, this home blends contemporary design, versatility, and an unbeatable location—and is listed well below market value. It’s also a fantastic investment opportunity: similar properties in the area generate an average of $98,000 annually as short-term rentals. Furniture can be purchased separately, making this the perfect turnkey option for buyers seeking a modern lake-area retreat or a fully furnished Airbnb.
Property Type
Residential
Year Built
2017
Lot Size
0.21 acres
$/Sq Ft
$260
HOA
$35/mo
Garage
2 spaces
Listed by Epique Realty LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Parking
Verified property facts
2302 Rain Water DR is listed at $635,000 with 3 bedrooms, 2 full, 1 half bathrooms, 2,443 square feet, 0.21-acre lot.
2302 Rain Water DR is zoned for Lake Travis ISD with assigned schools: Lake Travis (5/10) (elementary), Hudson Bend (7/10) (middle), Lake Travis (8/10) (high). School assignments should be verified directly with the district.
2302 Rain Water DR is a Residential built in 2017 featuring 3 bedrooms, 2 full, 1 half bathrooms, 2,443 square feet, 0.21-acre lot.
2302 Rain Water DR is listed by Epique Realty LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Jun 5, 2026.
The most recent annual property tax for 2302 Rain Water DR is $9,387. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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2 records on file
Every recorded listing, sale, and lease at 2302 Rain Water DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-11.1% | — | $777,071 | — | — |
2024+2.5% | — | $874,173 | $150,000 | $726,652 |
2023+34.6% | — | $852,506 | $100,000 | $774,173 |
2022 | — | $633,500 | $112,000 | $740,506 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($127K)
Adjustable assumption - not a lending recommendation.
$635,000
Luxury property intelligence
A sourced read on Apache Shores Sec 02 pricing, timing, and property scale. No automated valuation claim.
List price
$635,000
Price per sqft
$260/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$15K reduction
$650K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 5, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 2302 Rain Water DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jun 5, 2026, 2302 Rain Water DR is offered at $635,000. The current MLS snapshot shows 177 active listings in 78734. Keenan Group has completed 16 verified transactions in 78734 within its 1,000+ completed transactions and $1B+ career volume across Austin.
2302 Rain Water DR was built in 2017, making it 9 years old with relatively recent construction.
The MLS listing reports HOA or association dues of $35 monthly for 2302 Rain Water DR. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
10 events on record
Current Price
$635,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-11.1% | — | $777,071 | — | — |
2024+2.5% | — | $874,173 | $150,000 | $726,652 |
2023+34.6% | — | $852,506 | $100,000 | $774,173 |
2022 | — | $633,500 | $112,000 | $740,506 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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