
Milky Way at River Place marks the return of new luxury construction to one of Austin’s most established and prestigious hill country communities. Built as part of the River Place M Signature Series, this exclusive enclave offers a rare opportunity to own a newly constructed home surrounded by the natural beauty, rolling terrain, and panoramic canyon views that define River Place.
10202 Epsilon Way is a striking 4,595 square foot residence set on an expansive half acre greenbelt homesite with unobstructed views of the Balcones Canyonlands and the Austin skyline. With no rear neighbors and a wooded backdrop, the setting offers exceptional privacy and long range scenery. This two story home features five bedrooms, six full baths, and one half bath, including a main level bedroom and dedicated office space. Thoughtfully designed living spaces include a family room, formal living, game room, media room, loft, and home theater. The gourmet kitchen is equipped with a built in oven, convection oven, cooktop, microwave, dishwasher, disposal, refrigerator, breakfast area, breakfast bar, center island, natural stone counters, and a walk in pantry, all open to the family room for seamless entertaining. Luxurious wood flooring, high ceilings, double pane windows, programmable thermostat, and energy efficient features enhance both comfort and performance. The primary suite offers double vanities, garden tub, separate shower, sitting area, and walk in closet. Outdoor living is equally impressive with covered and uncovered patios, automatic sprinkler system, and a resort style heated pool and spa overlooking the greenbelt. A three car attached garage completes the home.
Located within highly regarded River Place Elementary, Four Points Middle School, and Vandegrift High School, and offering convenient access to downtown Austin, Lake Travis, and The Domain, this is a rare opportunity to own new construction in one of Austin’s most sought after communities.
Property Type
Residential
Year Built
2026
Lot Size
0.50 acres
$/Sq Ft
$652
HOA
$185/mo
Garage
7 spaces
Pool
Yes
Listed by Outlaw Realty
Verified property facts
10202 Epsilon WAY is listed at $2,994,990 with 5 bedrooms, 6 full, 1 half bathrooms, 4,595 square feet, 0.50-acre lot. This places it above the 78730 median of $1,325,000.
10202 Epsilon WAY is zoned for Leander ISD with assigned schools: River Place (6/10) (elementary), Four Points (7/10) (middle), Vandegrift (9/10) (high). School assignments should be verified directly with the district.
10202 Epsilon WAY is in River Place, Austin, Texas. See the full [River Place neighborhood guide](/neighborhoods/river-place-austin) for market data, schools, and lifestyle details.
10202 Epsilon WAY is a Residential built in 2026 featuring 5 bedrooms, 6 full, 1 half bathrooms, 4,595 square feet, 0.50-acre lot.
10202 Epsilon WAY is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in River Place, Milky Way at River Place
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listed with current price, original ask, and market time.
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. Ratings from GreatSchools.org.
20% ($599K)
$2,994,990
Luxury property intelligence
A sourced read on River Place pricing, timing, and property scale. No automated valuation claim.
List price
$2,994,990
Price per sqft
$652/sqft
Vs. River Place median
+207.2%
$975K median
Days on market
124 days
Original to current
No verified reduction
$3M original
Active inventory context
9 listings
Price Position in River Place
Listed 207% above the River Place median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 14, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
10202 Epsilon WAY is priced at $652 per square foot across 4,595 sqft. The River Place median list price is $975,000.
With 20% down ($598,998) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 10202 Epsilon WAY is around $21,031 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $2,994,990, 10202 Epsilon WAY is in the River Place market where there are currently 45 active listings in 78730. The Keenan Group has completed 16 transactions in 78730 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [River Place guide](/neighborhoods/river-place-austin).
10202 Epsilon WAY includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
10202 Epsilon WAY sits on a 0.50-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
10202 Epsilon WAY is part of a managed community with HOA dues of $185 monthly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
River Place is one of Austin's established neighborhoods, zoned for Leander ISD in the 78730 area. The Keenan Group has specialized in River Place real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
3 events on record
Current Price
$2,994,990
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Neighborhood guide and local insights
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.
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