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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Nestled in the heart of Driftwood’s sought-after La Ventana community, this stunning 1.56-acre corner lot offers the perfect blend of privacy, natural beauty, and upscale amenities. Tucked away on Elder Hill Road, you’ll enjoy convenient access to Austin, Wimberley, and Dripping Springs while embracing the tranquility and wide-open skies of the Hill Country.
La Ventana is more than a neighborhood—it’s a lifestyle. Residents enjoy a private country club atmosphere with a grand clubhouse, entertainment spaces, and an industrial kitchen ideal for hosting memorable gatherings. Stay active in the state-of-the-art fitness center and weight room, then unwind in the exclusive spa areas featuring a jacuzzi, sauna, and showers. Take advantage of the resort-style pools, creekside BBQ area, golf driving range, putting green, and the community’s tennis and pickleball courts.
The lot has been partially cleared, making it easy to walk and envision your custom home. There’s no required timeline to build—bring your own builder and design your retreat at your own pace. Surrounded by rolling hills, mature trees, and breathtaking Texas sunsets, this property offers a peaceful escape while remaining close to top-rated schools, renowned wineries, scenic parks, and the vibrant culture of Austin.
Opportunities like this are rare—don’t miss your chance to own a premier homesite in one of Driftwood’s most desirable gated communities.
Property Type
Land
Lot Size
1.56 acres
HOA
$131/mo
Listed by Longhorn Realty, LLC
Property Details
Lot Features
Waterfront
Verified property facts
115 Arabian LN is zoned for Wimberley ISD with assigned schools: Jacobs Well (elementary), Danforth (middle), Wimberley (8/10) (high). School assignments should be verified directly with the district.
115 Arabian LN 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 115 Arabian LN is $2,795. 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.
With 20% down ($43,600) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 115 Arabian LN is around $1,364 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Wimberley 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. Ratings from GreatSchools.org.
20% ($44K)
$218,000
Luxury property intelligence
A sourced read on The Preserve At La Ventana Ph Three pricing, timing, and property scale. No automated valuation claim.
List price
$218,000
Price per sqft
Not available
Vs. The Preserve At La Ventana Ph Three median
Not available
Days on market
94 days
Original to current
$10K reduction
$228K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 31, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $218,000, 115 Arabian LN is in the The Preserve At La Ventana Ph Three market where there are currently 45 active listings in 78619.
115 Arabian LN includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
115 Arabian LN is part of a managed community with HOA dues of $131 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.
Best Match
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