#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
PRICE IMPROVED! Whether you're searching for a full-time residence or a Texas Hill Country retreat with room for the whole family, this beautifully maintained Meadowlakes home offers exceptional value. With 4,166 square feet, a private pool and spa, and a flexible floorplan, it's ideal for multi-generational living, visiting guests, older children, or extended family gatherings. The thoughtful layout allows owners to comfortably enjoy the home day to day while easily accommodating family and friends when they visit.
Expansive outdoor entertaining areas, beautiful curb appeal, a horseshoe driveway, rear-entry garage access from the cul-de-sac, and extensive built-in garage storage add to the home's appeal. Meticulously maintained with recent paint, serviced HVAC systems, and true move-in-ready condition.
Located within the gated, golf cart-friendly community of Meadowlakes, residents enjoy access to Lake Marble Falls, waterfront parks, golf, pickleball, and an active lifestyle, all with a notably low tax rate compared to many surrounding Hill Country communities. The community amenity center and pool are currently undergoing a significant renovation and expansion, creating exciting future amenities for residents.
Thoughtfully priced to reflect today's market while allowing buyers the opportunity to personalize and update to their own style and preferences. Vacant, easy to show, and available for immediate occupancy.
Property Type
Residential
Year Built
2009
Lot Size
0.39 acres
$/Sq Ft
$182
HOA
$500/mo
Garage
5 spaces
Pool
Yes
Listed by Keller Williams - Lake Travis
Verified property facts
114 Preston TRL is listed at $759,995 with 4 bedrooms, 4 full, 1 half bathrooms, 4,166 square feet, 0.39-acre lot.
114 Preston TRL is zoned for Marble Falls ISD with assigned schools: Marble Falls (elementary), Marble Falls (middle), Marble Falls (high). School assignments should be verified directly with the district.
114 Preston TRL is a Residential built in 2009 featuring 4 bedrooms, 4 full, 1 half bathrooms, 4,166 square feet, 0.39-acre lot.
114 Preston TRL 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.
The most recent annual property tax for 114 Preston TRL is $12,853. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Price Change with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $260,410 | $81,420 | $178,990 |
Marble Falls ISD
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.
20% ($152K)
$759,995
Luxury property intelligence
A sourced read on Meadowlakes pricing, timing, and property scale. No automated valuation claim.
List price
$759,995
Price per sqft
$182/sqft
Vs. Meadowlakes median
Not available
Days on market
209 days
Original to current
$40K reduction
$800K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 21, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($151,999) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 114 Preston TRL is around $5,015 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $759,995, 114 Preston TRL is in the Meadowlakes market where there are currently 188 active listings in 78654. The Keenan Group has completed 1 transactions in 78654 as part of 1,000+ career sales totaling $1B+ across Austin.
114 Preston TRL includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
114 Preston TRL is part of a managed community with HOA dues of $500 annually. 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.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
6 events on record
Current Price
$759,995
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $260,410 | $81,420 | $178,990 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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