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ActiveMLS #5708570

706 Crestone Stream DR, Austin TX 78738

Austin, TX 78738 · Serene Hills Sub Ph 2E

Single Family Residence for sale in Serene Hills Sub Ph 2E

4Bedrooms
4 full / 1 halfBathrooms
3,894Square Ft
0.24Acres
3Garage
2022Year Built
New
1 / 37
$1,360,000

Overview

Property Description

A stunning custom-built residence in Lakeway offering 4 bedrooms, 4.5 baths, a dedicated office, game room and private theater. Designed for both sophisticated entertaining and comfortable everyday living, the wide-open floor plan is filled with abundant natural light and elevated by designer selections and thoughtful details throughout. At the heart of the home, the chef’s kitchen makes a statement with an impressive 14-foot waterfall island, 40-inch Italian ILVE gas range, reverse-osmosis water system and custom glass-front china cabinet with drawers. A stylish bar tucked beneath the staircase creates an additional gathering space, while abundant storage has been seamlessly incorporated throughout the home. The primary suite is a private retreat featuring a spa-inspired bath with a dramatic natural stone wall, connected fitness room and private sauna. Upstairs, the spacious game room opens to a balcony showcasing sweeping Lakeway views, while each secondary bedroom enjoys the privacy and convenience of its own ensuite bath. A dedicated office and private theater provide exceptional spaces for working from home and relaxing. Outdoor living is designed for year-round enjoyment with a fully equipped outdoor kitchen featuring a grill and sink, dual ceiling fans and generous space for dining and entertaining. Additional amenities include a three-car garage, whole-home water softener, remote window shades, surround sound, and extensive entertainment wiring indoors and out. 706 Crestone Stream Dr. brings together custom design, exceptional entertaining spaces and everyday functionality in a beautifully appointed Lakeway home built for modern luxury living.

Financial Info
Price
$1,360,000
$ / Sqft
$349
HOA
Yes - Mandatory / $280 / Quarterly
HOA Name
Serene Hills HOA (512)288-2376
HOA Includes
See Remarks
Tax Rate
2.3596%
Est. Taxes
$31,425
Tax Year
2026
Exemptions
None
Legal Info
Address
706 Crestone Stream DR
County
Travis
City
Austin
State
TX
Zip
78738
Subdivision
Serene Hills Sub Ph 2E
Legal Description
LOT 46 SERENE HILLS SUBD PHS 2E
Parcel
01278301150000
Interior Features
Floor
Carpet, Tile
Num Living
2
Dining
1
Kitchen
Breakfast Bar, Kitchen Island, Pantry
Appliances
Dishwasher, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Wine Refrigerator
Laundry
Laundry Room, Main Level
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Living Room
Interior Features
Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Double Vanity, Entrance Foyer, In-Law Floorplan, Interior Steps, Kitchen Island, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Sauna, Smart Thermostat, Soaking Tub, Walk-In Closet(s), Wet Bar, See Remarks, Security System, Security System Owned, Double Pane Windows, Window Treatments
General Info
Beds
4 Total / 2 Main Level / 2 Other Level
Full / Half Baths
4 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2022 / Resale
Square Feet
3,894 / Public Records
Garages
3
Garage Desc
Attached, Driveway, Garage, Oversized, Parking Pad
Foundation
Slab
Roof
Metal
Construction
Stucco
Acres
0.24
Lot Description
Back Yard, Interior Lot, Landscaped, Native Plants, Sprinkler - Automatic, Sprinkler - In-ground, Trees-Small (Under 20 Ft)
Restrictions
City Restrictions, Deed Restrictions
Flood Plain
No
View
Neighborhood
Water Access
No
Waterfront
No
Area
LS
Utility Info
Water
Private
Sewer
Public Sewer
Utilities
Electricity Connected, Water Connected
Heat
Central
A C
Ceiling Fan(s), Central Air
Exterior Features
Fence
Back Yard, Stone, Wrought Iron
Exterior Features
Balcony, Outdoor Grill, Private Yard, Covered, Rear Porch
Pool On Property
No
Area Amenities
See Remarks, Park, Playground

Price history

Members only
Days on market
$1,360,000
List price
0
Price reductions
Active
Since Oct 14, 2026
Property history1 event
DateEventPriceChange
Oct 14, 2026New Listing

Taxes

2026 Estimated Property Taxes

TCAD account 818696

Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.

2026 taxing entities, rates per $100, taxable values and estimated taxes
Taxing EntityRate per $100Taxable ValueEstimated Tax
CITY OF LAKEWAY0.169640$1,181,975$2,005.10
LAKE TRAVIS ISD1.039700$805,580$8,375.62
TRAVIS CO ESD NO 60.090399$1,181,975$1,068.49
TRAVIS CO WCID 17 SERENE HILLS (DA)0.510000$1,181,975$6,028.07
TRAVIS CO WCID NO 170.056000$1,063,777$595.72
TRAVIS COUNTY0.375845$945,580$3,553.92
TRAVIS COUNTY HEALTHCARE DISTRICT0.118023$945,580$1,116.00
Ordinary property tax estimate2.359607$22,742.92

Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.

Source: Travis County

Historical Tax Summary

Annual taxes billed are the Tax Imposed amounts reported in the latest available Travis Tax Office statement. Exemptions and tax ceilings may prevent combined rate × taxable value from equaling the billed amount. Other collectors or assessments may not be included.

YearAppraised ValueCombined Rate per $100Annual Taxes Billed
2025—2.359607$24,696.23
2024—2.336214$20,450.82
2023—2.311147$4,391.17
2022—2.481923$4,715.65
2021—2.635579$2,503.81
2020—2.757965$2,744.33

Source: Travis County

Combined rates exclude PID placeholder rates. Historical amounts reflect the statement’s snapshot and may change after later corrections; they do not describe payment status. Appraisal values come from the legacy CAD source.

Schools

School Info
District
Lake Travis ISD
Elementary
Serene Hills
Middle
Lake Travis
High
Lake Travis

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $1,360,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$10,629 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $10,629

Principal & interest
$6,877
Property taxes
$2,619
Homeowners insurance
$1,133

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$1,088,000$12,161$70,362$1,075,839
2$1,075,839$12,975$69,548$1,062,864
3$1,062,864$13,844$68,679$1,049,020
4$1,049,020$14,771$67,751$1,034,248
5$1,034,248$15,761$66,762$1,018,487
6$1,018,487$16,816$65,707$1,001,671
7$1,001,671$17,942$64,580$983,729
8$983,729$19,144$63,379$964,585
9$964,585$20,426$62,097$944,158
10$944,158$21,794$60,729$922,364
  • Year 1$1,075,839
    Principal paid
    $12,161
    Interest paid
    $70,362
    Starting balance
    $1,088,000
  • Year 2$1,062,864
    Principal paid
    $12,975
    Interest paid
    $69,548
    Starting balance
    $1,075,839
  • Year 3$1,049,020
    Principal paid
    $13,844
    Interest paid
    $68,679
    Starting balance
    $1,062,864
  • Year 4$1,034,248
    Principal paid
    $14,771
    Interest paid
    $67,751
    Starting balance
    $1,049,020
  • Year 5$1,018,487
    Principal paid
    $15,761
    Interest paid
    $66,762
    Starting balance
    $1,034,248
  • Year 6$1,001,671
    Principal paid
    $16,816
    Interest paid
    $65,707
    Starting balance
    $1,018,487
  • Year 7$983,729
    Principal paid
    $17,942
    Interest paid
    $64,580
    Starting balance
    $1,001,671
  • Year 8$964,585
    Principal paid
    $19,144
    Interest paid
    $63,379
    Starting balance
    $983,729
  • Year 9$944,158
    Principal paid
    $20,426
    Interest paid
    $62,097
    Starting balance
    $964,585
  • Year 10$922,364
    Principal paid
    $21,794
    Interest paid
    $60,729
    Starting balance
    $944,158
First 10 of 30 years

Nearby

Courtesy of Moreland Properties · (512) 480-0848

Listings courtesy of ACTRIS as distributed by MLS GRID.