5 bed, 3 bath, 3,895 sqft on 0.25 acres in River Place. Austin, TX 78730. $1,749,990. Leander ISD.
About This Home
The Aspen offers 5 beds, 3.5 baths, and 3,895 sqft includes a spacious media room, large gameroom, and an open-concept family room that connects to the gourmet kitchen and breakfast. Custom cabinetry, 63-inch soft-close cabinets, a dual-fuel JennAir professional range, and elegant finishes. A soaring 20-foot entry sets the tone, showcasing a curved staircase and wide-plank hardwood floors that continue through the entry, formal dining, and study. Two separate office spaces for work-from-home needs or creative pursuits. The first-floor primary suite with a spa-style bath that includes a freestanding tub, walk-in shower, split vanities, built-in cabinetry, and walk-in closet with direct access to utility. Upstairs, you’ll find four large beds, two baths, a gameroom, covered balcony with Hill Country views, and a separate media room. This home also features a 3-car garage, energy-efficient spray foam insulation, Andersen windows, tankless water heater, and fresh air intake system. Located within walking distance of River Place Elementary and zoned to top-rated Vandegrift High, with close proximity to River Place Country Club and Sun Tree Park. Luxury, comfort, and Hill Country views—all in one extraordinary package. Residents enjoy access to some of the area's top schools, including River Place Elementary and Vandegrift High School. Nearby amenities include Sun Tree Park, River Place Country Club, and miles of scenic greenbelt trails. The community is also just minutes from Broadcom's Austin campus, along with a wealth of other major tech employers in the Four Points area. Residents have access to a private marina for swimming, boating, waterskiing, and other activities on the lake. At the River Place Country Club, residents can play golf or tennis, enjoy the fitness center, massage facility, swimming pool, and dining room. River Place Country Club 1.4 mi, River Place Nature Trail 2.3 mi, Bull Creek District Park 3.6, Quarry Lake 6.3 mi, Sun Tree Park 1.2 mi
One of the few brand-new homes in River Place, 10103 Milky Way Dr delivers 3,895 square feet at $436 per square foot in a part of Austin where new construction is rare. At 10103 Milky Way Dr, buyers get a 2025-built Residential - Single Family Residence in River Place, Austin, TX 78730, with five bedrooms, three full baths, one half bath, a 3-car garage, and a 0.25-acre lot.
What stands out most is the mix of size, layout, and location. This is a large home by River Place standards, with enough separation for real daily use: a first-floor primary suite, four secondary bedrooms upstairs, open living areas, and dedicated flex space that works for media, homework, remote work, or guests. For buyers asking what it is like to live here, the answer starts with convenience. River Place Elementary is close enough to matter for morning routines, and the Leander ISD track of River Place, Four Points, and Vandegrift gives this address a school lineup that continues to draw move-up buyers to 78730.
The setting is a major part of the appeal. River Place sits along the western hills above Lake Austin, and Milky Way at River Place benefits from the elevation changes and Hill Country views that make this pocket of Austin feel different from flatter central neighborhoods. River Place Country Club, Sun Tree Park, and the River Place Nature Trail are nearby, so golf, green space, and trail access are part of the weekly rhythm instead of a special trip. RM 2222 and FM 620 connect the neighborhood to Four Points, Lake Travis, and the rest of Northwest Austin, with typical drives of about 10 minutes to Four Points retail and dining, around 20 to 25 minutes to The Domain and Apple’s Parmer campus, and roughly 30 minutes to Downtown Austin depending on traffic.
For value-minded luxury buyers, the numbers tell a clear story. A 2025 build at $1.70 million and $436 per square foot gives buyers newer systems, current construction standards, and a floor plan designed for how families actually live now. After 223 days on market, this is also the kind of listing buyers can analyze with a cool head rather than rush. In a neighborhood where land is limited, schools remain a draw, and new inventory is scarce, that combination supports both day-one livability and long-term value.
The numbers behind this insight
- Offered at
- $1,749,990
- Listed
- August 4, 2025
- Price changes
- 7, down 7.9% from $1,899,990
- Asking price per sq ft
- $449
River Place market
- Homes sold
- 56
- Median sale price
- $1,065,000
- Median price per sq ft
- $321
- Median days on market
- 31
- Homes for sale now
- 12
- Months of supply
- 2.6
River Place is home to one of the most technical trail systems inside Austin city limits. The River Place Nature Trail drops nearly 800 feet through three distinct canyons - Canyon Trail, Panther Hollow, and Little Fern - before reaching Lake Austin. Most neighborhoods talk about outdoor access. River Place delivers terrain that makes experienced hikers pay attention, starting from a trailhead residents can reach on foot.
The neighborhood sits in northwest Austin, bounded by RR 2222 south, RR 620 east, and Balcones Canyonlands north and west. Lake Austin forms the western boundary. Downtown takes about twenty-five minutes via 2222 or 360, and the Arboretum tech corridor is fifteen minutes east. Steiner Ranch Steakhouse has been a reliable dinner spot for years. Butterwhisk Brunch House draws weekend crowds. Russell's Bakery handles morning coffee. Bellissima does Italian, Galaxy Cafe covers casual lunch.
Housing is predominantly Texas Traditional and Hill Country Stone, reflecting the natural landscape of limestone ledges and native oak groves. Mediterranean and Contemporary styles make up the rest. Homes range from 2,500 to 5,000 square feet. Flat lots are around a quarter acre, while ridgeline lots can exceed an acre. Prices start in the mid-$600s for older homes and run past $2 million for newer builds with views. The sweet spot is $800,000 to $1.4 million for a four- or five-bedroom with Hill Country views and privacy.
River Place is served by Leander ISD. River Place Elementary is the neighborhood school with a solid reputation. Students feed into Canyon Ridge Middle School and Vandegrift High School, both relatively new campuses. Vandegrift has earned recognition for music programs, competitive sports, and college prep. Leander ISD may not carry the name recognition of Eanes to the south, but the schools serving River Place are well-funded and consistently improving.
The Nature Trail is the headliner, but Bull Creek and St. Edwards Park are both nearby. Bull Creek has swimming holes that fill up on summer weekends. St. Edwards Park has canyon overlooks and seasonal waterfall access. The River Place Country Club provides golf, tennis, swimming, and social events. Weekend mornings start on a trail or at the club, and the rhythm tracks the school calendar. Summers bring families to creek beds, fall means Friday nights at Vandegrift.
River Place competes with Steiner Ranch, Canyon Creek, and northern Westlake. Steiner Ranch has similar outdoor access but feels denser. Canyon Creek lacks the canyon-and-ridge topography. Westlake offers Eanes ISD but at significantly higher prices. River Place hits a value position that is hard to match: Hill Country terrain, strong schools, twenty-five-minute commute, at prices well below Westlake or Rob Roy.
River Place makes sense for families who want Hill Country terrain and outdoor access without leaving Austin city limits. It is the right neighborhood for people who want a nature trail out the back door, a good school district, and enough space to breathe within a reasonable commute.
School District: Leander ISD
View River Place neighborhood guide- Property Type
- Residential
- Year Built
- 2025
- Lot Size
- 0.25 acres
- Price / Sq Ft
- $449
- HOA
- $185/mo
- Garage
- 3 spaces
Listing information last updated October 11, 2026.
Listed by Outlaw Realty
MLS# 8410520 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Ceiling-High
- Tray Ceiling(s)
- Chandelier
- Quartz Counters
- Double Vanity
- Entrance Foyer
- High Speed Internet
- In-Law Floorplan
- Interior Steps
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Storage
- Walk-In Closet(s)
- Dishwasher
- Disposal
- ENERGY STAR Qualified Appliances
- Gas Range
- Microwave
- Double Oven
- Stainless Steel Appliance(s)
- Vented Exhaust Fan
- Water Heater
- Tankless Water Heater
- Tile
- Wood
- Heating
- Central,ENERGY STAR Qualified Equipment,Heat Pump,Natural Gas
- Cooling
- Ceiling Fan(s),Central Air,Electric,ENERGY STAR Qualified Equipment
Exterior & Lot
- Balcony
- Gutters Full
- Lighting
- Pest Tubes in Walls
- Concrete
- Frame
- Glass
- ICAT Recessed Lighting
- Spray Foam Insulation
- Masonry – All Sides
- Radiant Barrier
- Stone
- Stucco
- Back Yard
- Curbs
- Few Trees
- Front Yard
- Interior Lot
- Sprinkler - Automatic
- Sprinklers In Front
- Trees-Small (Under 20 Ft)
- Back Yard
- Privacy
- Slab
- Covered
- Patio
- Roof
- Metal
- Lot Size
- 0.25 Acres
- Attached
- Door-Multi
- Garage
- Garage Door Opener
- Garage Faces Front
- Garage Spaces
- 3
Financial
- HOA Fee
- $185 / mo
- Original List Price
- $1,899,990
- Price per Sq Ft
- $449
Utilities
- Cable Available
- Electricity Connected
- High Speed Internet
- Natural Gas Connected
- Phone Available
- Sewer Connected
- Underground Utilities
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
2 records on file
Every recorded listing, sale, and lease at 10103 Milky Way DR, whoever represented it.
- ActiveListed 2025Current price: $1,749,990Original list: $1,899,990MLS 8410520
- Price changed · December 20, 2025$1,699,990
- Price changed · March 26, 2026$1,674,990
- Price changed · May 7, 2026$1,649,990
- Price changed · July 16, 2026$1,624,990
- Price changed · July 24, 2026$1,599,990
- Price changed · August 6, 2026$1,649,990
- Price changed · August 20, 2026$1,749,990
- WithdrawnListed 2025Current price: $1,899,990Original list: $1,799,999MLS 5085052
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $1,749,990
- Original list
- $1,899,990
- Price movement
- $150K reduction
- Listed / DOM
- Aug 4, 2025 · 457 days
Zoned Schools
Vandegrift
Four Points
River Place
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T21:07:29.042+00:00; normalized from monthly dues.
Illustrative down payment
20% ($350K)
Adjustable assumption - not a lending recommendation.
Home price
$1,749,990
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on River Place pricing, timing, and property scale. No automated valuation claim.
List price
$1,749,990
Price per sqft
$449/sqft
Vs. Neighborhood guide reference price
+64.3%
$1.1M · River Place neighborhood guide · reference price
Days on market
457 days
Original to current
$150K reduction
$1.9M original
Active inventory context
12 listings
Price Position in River Place
Listed 64% above the River Place neighborhood guide reference price. River Place neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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