1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Tax
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Status: Active

2302 Rain Water Dr 
Austin, TX 78734

$650,000

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Experience contemporary living near Lake Austin in this architecturally striking 3-bedroom, 3-bath retreat in Apache Shores. Built by PGM Design + Build in 2017, this open-concept home welcomes you with soaring ceilings, modern finishes, and an airy floor plan filled with natural light. Durable concrete and rich wood flooring create a seamless, sophisticated aesthetic, while the spacious main-level primary suite offers comfort and privacy. The gourmet kitchen showcases stainless steel appliances and a free-standing range—perfect for both casual meals and entertaining guests. A standout feature is the detached bonus building at the front of the property, ideal as a private guest suite, home office, or media room—offering exceptional flexibility for modern lifestyles. Set within a fenced, secluded lot designed for both relaxation and entertaining. Residents enjoy access to a shared boat dock and are just a short walk from Lake Austin, providing the perfect setting for water activities, scenic views, and outdoor living. Nestled in the sought-after Lake Travis ISD, this inviting residence blends sophisticated design, versatility, and an unbeatable location—all listed well below market value. Additionally, it’s a fantastic investment opportunity—similar homes in the area earn an average of $98,000 annually as short-term rentals. The furniture is also available for purchase, offering a turnkey, move-in-ready option for buyers seeking a modern lake-area retreat or fully furnished Airbnb.
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Bedrooms
3
Baths
2.5
House Size
2,443 sqft
Year Built
2017
Lot Size
0.21 ac
School District
Lake Travis ISD

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Location

Market Insights

In the last 30 days, homes for sale in Lake South, TX were on the market for a median of 79 days and 0% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Free-standing Range
cooling
Central Air
features
Master Downstairs
fireplace
None
flooring
Concrete
Wood
heating
Central
laundry features
In Kitchen
window features
Blinds
Display Window(s)

Exterior Information

features
Dock
fence
Fenced
See Remarks
patio and porch
None
pool
None
roof
Flat Tile

Property Information

builder name
Pgm Design + Build
community
None
construction
Hardiplank Type
Stucco
foundation
Slab
hoa fees
$35.00
Monthly
lot
Many Trees
other structures
Storage
Workshop
parking
Carport
sewer
Septic Tank
subdivision name
Apache Shores Sec 02
utilities
Cable Available
Electricity Connected
Sewer Not Available
Water Connected
  • Listed By Elizabeth King
  • (512) 773-8709
  • Epique Realty LLC
  • (512) 387-0722
  • txbroker@epiquerealty.com
  • MLS 7947792

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$9,387 (+7.4%)$150,000$726,652$876,652 (+0.3%)
2023$8,737 (0%)$100,000$774,173$874,173 (+2.5%)
2022$8,737 (+2.8%)$112,000$740,506$852,506 (+34.6%)
2021$8,495$50,000$583,500$633,500

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$4,442

30 year fixed·6.9% interest rate
Principal & Interest
$3,425
Property Taxes
$782
Home Insurance
$200
HOA Fees
$35
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

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