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
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
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 14, 2026 | New Listing | — |
Taxes
TCAD account 818696
Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.
| Taxing Entity | Rate per $100 | Taxable Value | Estimated Tax |
|---|---|---|---|
| CITY OF LAKEWAY | 0.169640 | $1,181,975 | $2,005.10 |
| LAKE TRAVIS ISD | 1.039700 | $805,580 | $8,375.62 |
| TRAVIS CO ESD NO 6 | 0.090399 | $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 17 | 0.056000 | $1,063,777 | $595.72 |
| TRAVIS COUNTY | 0.375845 | $945,580 | $3,553.92 |
| TRAVIS COUNTY HEALTHCARE DISTRICT | 0.118023 | $945,580 | $1,116.00 |
| Ordinary property tax estimate | 2.359607 | $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
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.
| Year | Appraised Value | Combined Rate per $100 | Annual 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 |
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
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.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal 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
Nearby
Courtesy of Moreland Properties · (512) 480-0848
Listings courtesy of ACTRIS as distributed by MLS GRID.