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This property has sold on February 1, 2026. Looking for something similar? Contact us or browse available homes.

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This property is no longer actively listed. We can help you find similar homes currently for sale, notify you if this property relists, or explore off-market opportunities in the area.
$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
Listed by Epique Realty LLC
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 presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($127,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 2302 Rain Water Dr is around $4,459 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
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)
$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. Apache Shores Sec 02 median
Not available
Days on market
212 days
Original to current
No verified reduction
$635K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $635,000, 2302 Rain Water Dr is in the Apache Shores Sec 02 market where there are currently 192 active listings in 78734. The Keenan Group has completed 16 transactions in 78734 as part of 1,000+ career sales totaling $1B+ across Austin.
2302 Rain Water Dr was built in 2017, making it 9 years old with relatively recent construction.
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.
8 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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