5 bed, 6 bath, 4,595 sqft on 0.50 acres in River Place. Austin, TX 78730. $2,999,990. Leander ISD.
About This Home
Striking 4,595 square foot residence set on a half acre greenbelt homesite with unobstructed views of the Balcones Canyonlands and the Austin skyline. 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.
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
At 10202 Epsilon Way in River Place, you own half an acre of privacy with canyon views and no rear neighbors between you and the Balcones Canyonlands. This 4,595 square foot residence completed in 2026 sits in Milky Way at River Place, a new luxury enclave within one of Austin's most established gated communities, minutes from downtown yet surrounded by Hill Country terrain that feels worlds away from the city.
The home flows like a five-star resort designed around the connection between refined interiors and expansive outdoor living. Stone and wood flooring guide movement through multiple dining areas, family room, formal living spaces, media room, and loft - each anchored by tall ceilings and recessed lighting that makes 4,595 square feet feel open rather than crowded. The gourmet kitchen sits at the center with a massive island, quartz counters, double ovens, cooktop, walk-in pantry, and direct sightlines into the family room for the kind of entertaining that happens naturally here. Smart thermostats and energy-efficient systems mean the house responds to how you live rather than forcing you to adapt.
The primary suite occupies the main floor with a soaking tub, separate shower, double vanities, and walk-in closets - luxury that doesn't require climbing stairs at the end of the day. Four additional bedrooms plus a dedicated home office and in-law floorplan option make the home flexible for families, remote work, or extended guests. The three-car garage handles the reality of Austin living without compromise.
Outside, the resort experience becomes complete. A heated resort-style pool and spa sit on the rear patio overlooking the greenbelt, with covered and uncovered patios flowing from the main living spaces. Automatic sprinklers and mature landscaping require minimal maintenance while preserving views. You're technically in Travis County within Leander ISD - River Place Elementary, Four Points Middle, and Vandegrift High serve this address - but the gated community and established infrastructure feel separate from suburban sprawl. Highway 183 and Barton Creek Mall Road connect you downtown in 20 minutes or to The Domain in 15.
At $2.99 million (roughly $652 per square foot for new construction in River Place), this property offers the rare combination of new build quality and established community credibility. River Place doesn't turn over often.
The numbers behind this insight
- Offered at
- $2,999,990
- Listed
- February 11, 2026
- Price changes
- 1
- Asking price per sq ft
- $653
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
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $595 per sq ft over the trailing 12 months (383 sales), as of November 3, 2026.
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
- 2026
- Lot Size
- 0.50 acres
- Price / Sq Ft
- $653
- HOA
- $185/mo
- Garage
- 3 spaces
- Pool
- Yes
Listing information last updated October 22, 2026.
Listed by Outlaw Realty
MLS# 7147977 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Ceiling-High
- Quartz Counters
- Double Vanity
- Entrance Foyer
- In-Law Floorplan
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Smart Thermostat
- Soaking Tub
- Storage
- Study
- Home Office
- Walk-In Closet(s)
- Wired for Sound
- Built-In Oven(s)
- Dishwasher
- Disposal
- ENERGY STAR Qualified Appliances
- Microwave
- Double Oven
- RNGHD
- Refrigerator
- Stainless Steel Appliance(s)
- Vented Exhaust Fan
- Water Heater
- Tankless Water Heater
- Stone
- Tile
- Wood
- Heating
- Central,ENERGY STAR Qualified Equipment,Exhaust Fan,Fireplace(s),Heat Pump,Natural Gas
- Cooling
- Ceiling Fan(s),Central Air,ENERGY STAR Qualified Equipment,Exhaust Fan
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Gas Grill
- Gutters Full
- Lighting
- Outdoor Grill
- Pest Tubes in Walls
- Concrete
- Frame
- Glass
- ICAT Recessed Lighting
- Spray Foam Insulation
- Masonry – All Sides
- Radiant Barrier
- Stone
- Greenbelt
- Back Yard
- Curbs
- Few Trees
- Front Yard
- Landscaped
- Sprinkler - Automatic
- Views
- Back Yard
- Gate
- Wrought Iron
- Slab
- Covered
- Patio
- Porch
- Roof
- Metal
- Lot Size
- 0.50 Acres
- Attached
- Door-Single
- Driveway
- Garage
- Garage Door Opener
- Storage
- Tandem
- Garage Spaces
- 3
- Pool
- Yes
Financial
- HOA Fee
- $185 / mo
- Original List Price
- $2,994,990
- Price per Sq Ft
- $653
Utilities
- Cable Available
- Electricity Connected
- Natural Gas Connected
- Phone Available
- Sewer Connected
- Underground Utilities
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 10202 Epsilon WAY, whoever represented it.
- ActiveListed 2026Current price: $2,999,990Original list: $2,994,990MLS 7147977
- Price changed · August 20, 2026$2,999,990
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $2,999,990
- Original list
- $2,994,990
- Price movement
- No verified reduction
- Listed / DOM
- Feb 11, 2026 · 266 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 2026-10-22T16:41:05.524+00:00; normalized from monthly dues.
Illustrative down payment
20% ($600K)
Adjustable assumption - not a lending recommendation.
Home price
$2,999,990
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
$2,999,990
Price per sqft
$653/sqft
Vs. Neighborhood guide reference price
+181.7%
$1.1M · River Place neighborhood guide · reference price
Days on market
266 days
Original to current
No verified reduction
$3M original
Active inventory context
12 listings
Price Position in River Place
Listed 182% 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 22, 2026.
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