On MarketTurnkey AirbnbWaterfront retreat on Lake Travis overlooking Sail & Ski Yacht Club Marina, with a private boat dock. Custom-built in 2018 — 5 bedrooms, 5.5 baths, 4,293 sq ft on a 0.43-acre lot — with panoramic lake views, vaulted ceilings and exposed wood beams, a floor-to-ceiling fireplace, a chef's kitchen with an oversized quartz island, and expansive upper and lower entertainment decks down to a lakeside fire pit and dock. Has a proven track record as a luxury short-term rental but is currently poorly managed, leaving real revenue on the table for a buyer who runs it properly. A partial loan assumption of approximately $750K at a 2.875% interest rate may be available to a qualified buyer — a notable financing advantage given current rates. Listed via MLS #8881037, Wilder Realty LLC (Blake Wilder).
Erika's take
This is a proven waterfront STR location that's underperforming under its current management — the upside here is operational, not speculative. Combined with the assumable loan at 2.875%, the financing alone is worth a serious look.
Tax play notes
Travis CAD's 2026 assessment splits the $1,430,369 appraised value as $912,060 land / $518,309 improvement — a 36% improvement ratio, lighter than most of the portal's listings since a waterfront lot carries so much of the value here, though the $518K improvement basis still supports a meaningful bonus depreciation component. The bigger lever on this one is financing: assuming the existing ~$750K balance at 2.875% would sit well below current market rates, materially improving after-debt-service cash flow versus a new purchase-money loan.
Erika's estimate: ~$190K/year potential annual revenue. Current STR operation is underperforming this target under existing management.
Assessed value — land vs. improvement (2026)
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Added Sep 17, 2026