5 bed, 4 bath, 5,200 sqft on 1.36 acres in Spanish Oaks. Austin, TX 78738. $3,799,999. Lake Travis ISD.
About This Home
Set atop a commanding 1.36-acre hillside within the gates of Spanish Oaks, this extraordinary estate captures sweeping Hill Country views and a sense of privacy rarely found so close to the city. This residence blends contemporary sophistication with warm natural textures, feeling both architecturally striking and effortlessly livable.
A dramatic arrival unfolds through grand double doors into soaring cathedral ceilings framed by Douglas fir beams and floor-to-ceiling windows. Stone, metal, and rich natural woods create a refined, timeless palette. The kitchen is beautifully appointed with custom knotty alder cabinetry, natural stone surfaces, professional Thermador appliances, and a fully equipped butler's pantry and wine room. Multiple living spaces flow throughout the home, including a glass-wrapped sunroom, a library, media room, and inviting secondary suites. The owner's retreat is a sanctuary unto itself, featuring exquisite architectural detailing, a fireplace, and a spa-inspired bath with a multi-function Roman shower.
Outdoors, the estate unfolds into a private resort experience. Terraced decks and entertaining areas overlook a dramatic pool grotto with waterfall, heated spa, and landscaped grounds, all framed by panoramic Hill Country views.
Modern convenience meets refined living with whole-home automation, multi-zone audio, advanced security, and integrated smart technology throughout. Located within one of Austin's most sought-after gated golf course communities, residents enjoy the Spanish Oaks Golf Club, Austin Tennis Academy, resort-style pool pavilion, scenic trails, and 24-hour security, just minutes from Lake Travis and downtown Austin. Freshly painted and impeccably maintained, this is a rare opportunity to experience elevated Hill Country living in one of the region's most coveted enclaves.
Spanish Oaks has one of only three Bobby Weed-designed golf courses in Texas, and membership is capped well below the capacity most private clubs allow. That intentional scarcity defines the community's approach: fewer homes, larger lots, wider buffers between neighbors, and a club experience that prioritizes quality of play over volume. The result functions more like a private retreat than a subdivision.
The community is located in the Bee Cave corridor of 78738, west of Austin along Highway 71. Downtown follows 71 east to MoPac, about twenty-five to thirty minutes in normal traffic. Hill Country Galleria is roughly ten minutes away. Trattoria Lisina offers Italian food and a wine cave experience near Driftwood. SP Brazilian does churrascaria. The Gramercy has become a date-night go-to. Steiner Ranch Steakhouse covers the classic category, Cafe Blue does seafood, and Tadashi handles Japanese.
Homes are luxury estates on large lots, with native limestone, standing-seam metal roofs, and expansive outdoor living areas taking advantage of canyon views. Custom builds are the norm. Architectural review maintains cohesive character without forcing uniformity. Most homes range from 4,000 to over 8,000 square feet on lots starting at one acre, extending past two acres for canyon rim and golf course positions. Prices begin around $2 million and climb past $6 million. Inventory turns slowly because most owners are long-term residents.
Spanish Oaks is served by Lake Travis ISD. Bee Cave Elementary is the primary feeder and reflects the small, well-funded campus parents here expect. Students move to Bee Cave Middle School and Lake Travis High School, recognized for academics and athletics. The district has invested heavily in facilities and technology, and the tax base from communities like Spanish Oaks supports that investment.
Mornings often start on the course, where the first tee fills before 8 AM. The Bobby Weed layout plays through native terrain with canyon crossings that are as scenic as they are challenging. The clubhouse hosts dinners and member events. Beyond the gates, Milton Reimers Ranch provides miles of mountain biking along the Pedernales River. Hamilton Pool is a short drive southwest. Pace Bend Park on Lake Travis offers lake access. The lifestyle is private but not isolated, with club events and school functions keeping the calendar full.
Spanish Oaks competes with Barton Creek, Rob Roy, and The Hills of Lakeway. Barton Creek offers larger scale with more amenities and a shorter commute. Rob Roy provides Eanes ISD and established acreage closer to the city. The Hills has similar pricing and Lake Travis ISD but a larger community. Spanish Oaks differentiates through exclusivity and golf quality. The Bobby Weed course is widely considered one of the best private courses in the Hill Country, and limited membership means you never wait for a tee time.
Spanish Oaks is for buyers who want a private club lifestyle in the Texas Hill Country with a world-class golf course at the center. It fits families who value Lake Travis ISD, retirees who want serious golf every morning, and anyone where privacy and quality matter more than proximity.
School District: Lake Travis ISD
View Spanish Oaks neighborhood guide- Property Type
- Residential
- Year Built
- 2015
- Lot Size
- 1.36 acres
- Price / Sq Ft
- $731
- HOA
- $1,597/quarter
- Garage
- 3 spaces
- Pool
- Yes
Listing information last updated September 29, 2026.
Listed by Compass RE Texas, LLC
MLS# 1695685 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bar
- Bookcases
- Breakfast Bar
- Built-in Features
- Ceiling-High
- Central Vacuum
- Stone Counters
- Double Vanity
- Eat-in Kitchen
- Entrance Foyer
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Smart Home
- Storage
- Study
- Home Office
- Walk-In Closet(s)
- Wet Bar
- Wired for Sound
- Built-In Gas Range
- Built-In Refrigerator
- Convection Oven
- Dishwasher
- Disposal
- Free-Standing Freezer
- Microwave
- Double Oven
- Stainless Steel Appliance(s)
- Water Softener Owned
- Wine Refrigerator
- Tile
- Wood
- Heating
- Central,Electric
- Cooling
- Central Air
- Fireplaces
- 2
Exterior & Lot
- Balcony
- Gutters Full
- Lighting
- Private Yard
- Masonry – All Sides
- Stucco
- Back Yard
- Cul-De-Sac
- Landscaped
- Native Plants
- Near Golf Course
- Sloped Down
- Sprinkler - Automatic
- Sprinklers In Rear
- Sprinklers In Front
- Many Trees
- Views
- Back Yard
- Wrought Iron
- Slab
- Covered
- Patio
- Porch
- Rear Porch
- Roof
- Metal
- Lot Size
- 1.36 Acres
- Driveway
- Garage Door Opener
- Garage Faces Front
- Parking Pad
- Garage Spaces
- 3
- Pool
- Yes
Financial
- HOA Fee
- $1,597 / quarter
- Original List Price
- $3,799,999
- Price per Sq Ft
- $731
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Underground Utilities
- Water Connected
- Water Source
- MUD,Well
- Sewer
- MUD
Transaction History
3 records on file
Every recorded listing, sale, and lease at 11928 Musket Rim ST, whoever represented it.
- ActiveListed 2026Current price: $3,799,999Original list: $3,799,999MLS 1695685
- Listed · September 28, 2026$3,799,999
- SoldApril 25, 2022Listed at: $4,995,000MLS 4333339
- ExpiredListed 2022Asking rent: $15,000/moOriginal asking rent: $15,000/moMLS 8118158
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
Listed with current price, original ask, and market time.
- Current list
- $3,799,999
- Original list
- $3,799,999
- Price movement
- No verified reduction
- Listed / DOM
- Sep 28, 2026 · 23 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $3,711,516
- Assessment Year
- 2025
- Year Built
- 2015
- Parcel ID
- 000000563728
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+16.0% | — | $3,711,516 | — | — |
2024-4.2% | — | $3,200,000 | $1,280,000 | $1,720,000 |
2023+61.6% | — | $3,340,833 | $1,280,000 | $1,920,000 |
2022+28.5% | — | $2,067,969 | $960,000 | $2,380,833 |
2021 | — | $1,609,134 | $700,000 | $1,367,969 |
Zoned Schools & District Context
Lake Travis
Bee Cave Middle School
Lake Pointe
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 2026-10-15T18:07:22.596+00:00; normalized from quarterly dues.
20% ($760K)
Adjustable assumption - not a lending recommendation.
$3,799,999
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Keenan Market Position
A sourced read on Spanish Oaks pricing, timing, and property scale. No automated valuation claim.
List price
$3,799,999
Price per sqft
$731/sqft
Vs. Neighborhood guide reference price
+5.6%
$3.6M · Spanish Oaks neighborhood guide · reference price
Days on market
23 days
Original to current
No verified reduction
$3.8M original
Active inventory context
9 listings
Price Position in Spanish Oaks
Listed 6% above the Spanish Oaks neighborhood guide reference price. Spanish Oaks neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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Spanish Oaks Neighborhood Guide
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