2302 Rain Water DR Austin, TX 78734 Price Dropped by $10K

UPDATED: 12/08/2025 06:01 PM ON MARKET: 44 days on market

$640,000

3 Beds2.5 Baths2,443 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,443 sqft

Price per Sqft $261

Subdivision Apache Shores Sec 02

MLS Listing ID 7947792

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Fees $35/mo

HOA Y/N Yes

Year Built 2017

Annual Tax Amount $9,386

Tax Year 2025

Lot Size 8,973 Sqft

Acres 0.206

Property Sub-Type Single Family Residence

Source actris

Property Description

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.