RealtyLens
for saleRealtyLens property overview
$525,000

2308 Rain Water Dr

Austin, TX, 78734
View more Austin, TX property pages
3Beds
2.5Baths
1,692Sqft
$310$/sqft

Listing Notes

Nestled within the picturesque and popular community of Apache Shores, this stunning home presents an unparalleled opportunity to experience modern luxury in a serene neighborhood setting. This meticulously designed residence seamlessly blends contemporary architecture with the natural beauty of its surroundings. The exterior exudes curb appeal, showcasing a beautiful blend of wood, stone, and metal accents, hinting at the impeccable attention to detail found throughout the property. Step inside and discover refined living spaces bathed in natural light, courtesy of the home's strategically positioned windows and open floor plan. The stunning kitchen comes fully equipped with state-of-the-art appliances, custom cabinetry, and a beautiful center island. The luxurious primary suite features a spa-like bathroom with dual vanities, a large walk-in shower, and walk-in closets. Upstairs includes two additional bedrooms + flex space, ideal for an office or play area. The thoughtfully designed landscaping provides the perfect setting to relax, play, or entertain. The adjacent wildlife sanctuary offers homeowners an added sense of peace of mind and privacy. Located within the coveted Apache Shores, residents enjoy access to a private waterfront park, hiking trails, community pool & tennis courts. Just minutes away from the shops, restaurants, and attractions of Austin and Lakeway. But wait...there's MORE! The vacant lot directly next door is also available for sale by the same owners, presenting a fantastic opportunity for prospective buyers. Expand your estate acreage to create a unique outside space-think resort-style pool/spa and sports court. Increase the existing footprint of the current home with an extension or ADU. Or, add to your investment portfolio by building a new construction home. The possibilities are endless! Cleared and ready to build, this rare, level lot is fully fenced and gated. MLS 2953177

Market Insights

Above nearby median+18%

$310/sqft vs a nearby median of $263/sqft.

Nearby median$263/sqft
Nearby properties4
Property size1,692 sqft
  • +18% versus the nearby median price per square foot.
  • 2 price records are available for this property.
  • 1,692 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$452k$413k$491k · 54% confidence
vs ask $525k+$73k (+13.9%)

Asking price is about 13.9% above where comps + adjustments land — there is room to negotiate.

$263/sqft median across 3 tight comps × 1,692 sqft= $445k
  • Modern construction+$7k +1.5%
Cumulative NYC adjustments+$7k+1.5%

Property Read

FreshnessHistorical market data

Treat this as historical market context until the listing data refreshes.

Market Position+18% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementNo cuts recorded

The available price history has not shown a cut yet, so leverage may need to come from comps, condition, or days on market.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
5 days
Last price change
Up $410,000 (357%)
Listed
May 7, 2026
Photos
27 photos
Property type
single family
Status
for sale

Photos

Price History

May 9, 2026diff
$525,000for sale
May 7, 2026Initial record
$115,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.