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$635,000
last listed2302 Rain Water Dr, Austin, TX 78734
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3 bed, 2 bath, 2,443 sqft on 0.21 acres in Austin. Austin, TX 78734. Last listed at $635,000, sold February 2, 2026. Lake Travis ISD.
About This Home
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
- Price / Sq Ft
- $260
- HOA
- $35/mo
- Garage
- 2 spaces
Listing information last updated February 3, 2026.
Listed by Epique Realty LLC
MLS# 7947792 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Ceiling-High
- Interior Steps
- Primary Bedroom on Main
- Dishwasher
- Free-Standing Range
- Concrete
- Wood
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Boat Dock - Shared
- Hardi
- Plank Type
- Stucco
- Trees-Large (Over 40 Ft)
- Many Trees
- Fenced
- Slab
- Roof
- Membrane
- Lot Size
- 0.21 Acres
- Carport
- Garage Spaces
- 2
Financial
- HOA Fee
- $35 / mo
- Original List Price
- $650,000
- Price per Sq Ft
- $260
Utilities
- Cable Available
- Electricity Connected
- Sewer Not Available
- Water Connected
- Water Source
- MUD
- Sewer
- Septic Tank
Transaction History
2 records on file
Every recorded listing, sale, and lease at 2302 Rain Water DR, whoever represented it.
- SoldFebruary 2, 2026Listed at: $650,000MLS 7947792
- ExpiredListed 2025Current price: $250,000Original list: $250,000MLS 7997630
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $635,000
- Original list
- $650,000
- Price movement
- $15K reduction
- Listed / DOM
- Oct 31, 2025
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $777,071
- Assessment Year
- 2025
- Year Built
- 2016
- Parcel ID
- 000000146937
| 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 |
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Zoned Schools & District Context
Lake Travis
Hudson Bend
Lake Pointe Elementary
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.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-06-05T17:30:08.809018+00:00; normalized from monthly dues.
20% ($127K)
Adjustable assumption - not a lending recommendation.
$635,000
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Keenan Market Position
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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.
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78734 ZIP Guide
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