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$20,000,000
6 Beds ⋅ 7 Baths ⋅ 4447742 MLS ⋅ 78732 Zip Code
BELLAGIO FALLS ON LAKE AUSTIN Bellagio Falls is a preserve-backed Lake Austin estate spanning over six acres with approximately 600 feet of waterfront. Completed in 2018, the nearly 10,000-square-foot residence offers six bedrooms and 6.5 bathrooms, blending Texas ranch character with refined Santa Barbara architectural influence. A defining feature of the property is the series of cascading waterfalls integrated into the landscape, creating a natural soundscape and visual focal point that frames long lake views. Combined with its extensive frontage, the estate provides meaningful separation and privacy rarely found on Lake Austin. The residence includes expansive living areas, inlaid Texas mesquite flooring, a media room, billiards room, and a game room with an official-size shuffleboard. A newly constructed resort-style pool and two-story boat dock extend the estate to the water. A four-car garage, private orchard, and ample room for future additions such as a casita or sport court provide flexibility without compromising scale. The property is surrounded by greenbelt secured through recorded deed restrictions filed with the county, ensuring long-term protection from future development. Across the water lies the Balcones Canyonlands Preserve, federally recognized conservation habitat managed by the City of Austin. The result is open shoreline, reduced congestion, and enduring privacy. Mature oak trees, a century-old heritage pecan, bald cypress, sycamore, mulberry, and fruit trees anchor the grounds, reinforcing the estate’s established and intentional landscape. Bellagio Falls represents a rare combination of scale, protected surroundings, and architectural presence in one of Lake Austin’s most desirable stretches.

15016 Flat Top Ranch Rd, Austin
$474,999
1586940 MLS ⋅ 78732 Zip Code
Turnkey Austin Duplex — $2,898/mo Gross Income, Minutes to Lake Austin. – Cash-Flowing Duplex in Steiner Ranch w/ Boat Parking & Room for Outdoor Gear! No HOA! An exceptional investment opportunity in the heart of Steiner Ranch, one of Austin’s most sought-after communities. Just a five-minute WALK to Lake Austin and the scenic Mary Quinlan Park, this well-positioned duplex property offers reliable income, outdoor lifestyle appeal, Metal roof for longevity, and serious upside potential. Currently, Unit A is a well-kept 1-bedroom, 1-bath residence leased for $1,299/month through August 31, 2026, providing steady income from day one. Unit B, a spacious 2-bedroom, 1-bath, is currently leased for $1,599/mo until June 30, 2027. The total gross monthly rent is $2,898/mo. Video Tours Available! Set on a large lot, this property features a spacious backyard with ample room for entertaining, gardening, and pets. There's dedicated car / boat parking and space for all your outdoor gear, making it ideal for tenants — or future short-term guests — who value lake life and an active lifestyle. Inside, both units offer updated interiors with clean finishes, and move-in-ready functionality. A covered carport, kitchen appliances, and peaceful residential setting with a covered patio offering Hill Country Views round out the package. Whether you're looking to hold as a long-term rental, explore short-term leasing potential, or even live in one side and use the other as a vacation rental or income unit, the possibilities are open. All of this is priced under comparable recent sales, offering investors room for future growth in both rental income and value. With unbeatable proximity to the lake, boat ramp, parks, hiking trails, top-rated schools, and dining, this is the kind of property that’s easy to rent, easy to enjoy, and hard to find. Schedule your showing today and see why Steiner Ranch continues to be one of Austin’s top destinations for both lifestyle and investment.

1302 S Quinlan Park Rd, Austin