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5 bed, 6 bath, 5,362 sqft on 1.28 acres in River Place. Austin, TX 78730. Last listed at $2,599,000, sold April 1, 2024. Leander ISD.
About This Home
Welcome to your Milky Way, a gorgeous custom estate nestled on a 1.28 acre lot in the highly desirable Preserve in River Place. Designed by Vanguard Studio, the architecture and interior designs are stunning. Designed with friends and family in mind, this home has it all including Crestron home automation. The floor plan is thoughtful with seamless transitions throughout, offering spaces for gathering or entertaining while affording the primary a private suite in a wing of its own. The primary suite overlooks the pool and features and award-winning designed bath suite featuring floating vanities, a large steam shower and due it all Kohler toilet. The open and inviting gourmet kitchen is a chef’s dream offering top of the line appliances, beautiful granite countertops and plenty of counter space to prepare and serve your family and friends. You’ll enjoy spending time outdoors grilling at the covered kitchen, relaxing under the fans or heaters, swimming in the pool or shooting hoops on the sports court. And you’re sure to enjoy movie night and game days in this nicely appointed and furnished Theater. Also on the main level is a guest bedroom and full bathroom. The additional secondary bedrooms are upstairs away from the primary suite and each is an en-suite. The oversized game room is upstairs with the secondary bedrooms is great for kids. And let’s not forget the 5 garage bays, one of which includes a full bathroom, wow! And in the case of unexpected power losses due to inclement weather, you can rest assured knowing your Generac generator will provide you power. River Place is an upscale community in the hills just west of Austin. The community offers numerous amenities including parks, playgrounds, sports courts and River Place Country Club. Students attend recognized public schools with-in the Leander ISD. Don’t miss your opportunity to purchase this custom home in the Preserve at River Place. Rarely do they come for sale on this street.
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
- 2007
- Lot Size
- 1.28 acres
- Price / Sq Ft
- $485
- HOA
- $295/year
- Garage
- 5 spaces
- Pool
- Yes
Listing information last updated April 3, 2024.
Listed by Myles Schopfer Broker
MLS# 7206197 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Beamed Ceilings
- Granite Counters
- High Speed Internet
- In-Law Floorplan
- Kitchen Island
- Primary Bedroom on Main
- Recessed Lighting
- Smart Home
- Soaking Tub
- Walk-In Closet(s)
- Wet Bar
- Wired for Sound
- Built-In Electric Oven
- Built-In Oven(s)
- Built-In Refrigerator
- Dishwasher
- Gas Cooktop
- Ice Maker
- Microwave
- Double Oven
- Stainless Steel Appliance(s)
- Tankless Water Heater
- Washer
- Dryer Stacked
- Water Heater
- Wine Cooler
- Carpet
- Stone
- Tile
- Wood
- Heating
- Central,Natural Gas
- Cooling
- Central Air,Electric
- Fireplaces
- 3
Exterior & Lot
- Barbecue
- Exterior Steps
- Gas Grill
- Gutters Full
- Playground
- Private Yard
- Sport Court
- Frame
- Masonry – All Sides
- Stucco
- Back Yard
- Interior Lot
- Landscaped
- Near Golf Course
- Sprinkler - Automatic
- Trees-Medium (20 Ft - 40 Ft)
- Full
- Wrought Iron
- Slab
- Covered
- Front Porch
- Patio
- Roof
- Tile
- Lot Size
- 1.28 Acres
- Attached
- Circular Driveway
- Door-Multi
- Oversized
- Garage Spaces
- 5
- Pool
- Yes
Financial
- HOA Fee
- $295 / year
- Original List Price
- $2,599,000
- Price per Sq Ft
- $485
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
1 record on file
Every recorded listing, sale, and lease at 10300 Milky Way DR, whoever represented it.
- SoldApril 1, 2024Listed at: $2,599,000MLS 7206197
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
Listing timeline with current price, original ask, and market time.
- Current list
- $2,599,000
- Original list
- $2,599,000
- Price movement
- No verified reduction
- Listed / DOM
- Oct 15, 2023
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $2,190,867
- Assessment Year
- 2025
- Year Built
- 2007
- Parcel ID
- 000000731133
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-16.8% | — | $2,190,867 | — | — |
2024-4.8% | — | $2,634,214 | $395,000 | $1,975,379 |
2023+58.1% | — | $2,767,017 | $395,000 | $2,239,214 |
2022+15.3% | — | $1,750,600 | $395,000 | $2,372,017 |
2021 | — | $1,517,900 | $395,000 | $1,355,600 |
Virtual Tour

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 2026-06-04T16:30:05.433374+00:00; normalized from annual dues.
Illustrative down payment
20% ($520K)
Adjustable assumption - not a lending recommendation.
Home price
$2,599,000
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
$2,599,000
Price per sqft
$485/sqft
Vs. Neighborhood guide reference price
+144.0%
$1.1M · River Place neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$2.6M original
Active inventory context
12 listings
Price Position in River Place
Listed 144% 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 Jun 4, 2026.
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