
Perched on two beautifully wooded one-acre lots, this well-built two-story home offers sweeping panoramic views of the Texas Hill Country and Canyon Lake. Designed to take full advantage of its stunning setting, the home is positioned so that your southern-facing views are free from nearby rooftops—just rolling hills, expansive skies, and the sparkling waters of Canyon Lake. Two spacious covered decks provide exceptional outdoor living, offering shaded comfort for relaxing, entertaining, and soaking in the scenery. The lower deck even includes a large hot tub, creating the perfect place to unwind while enjoying the view. Inside, sliding glass doors spanning the entire south side of both levels fill the home with natural light and frame the breathtaking vistas from nearly every room. The main living area features a native stone fireplace, beamed ceiling, and seamless flow into the dining area and kitchen, creating a warm and inviting space for everyday living. The upper level offers tile flooring throughout the main living areas, with carpet in the bedroom. The lower level features durable wood-look laminate flooring, with carpet in one bedroom and tile in the bathroom. The recently remodeled primary bathroom adds a fresh, updated touch. Additional highlights include double-pane insulated windows and sliding doors, plantation-style louvered shutters, and a standing seam metal roof was installed just five years ago. A large paved parking area provides excellent access and creates a substantial buffer from the street, enhancing both privacy and curb appeal. The second one-acre lot serves as a natural privacy barrier, preserving the peaceful setting and offering additional flexibility and value. Located just minutes from shopping, restaurants, services, swimming, and marinas on Canyon Lake, this property offers the perfect combination of privacy, comfort, and spectacular views. What’s not to like? Come take a look!
Property Type
Residential
Year Built
1996
Lot Size
2.01 acres
$/Sq Ft
$238
Garage
4 spaces
Listed by WoW Properties
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
1203 Lakefield is listed at $479,000 with 3 bedrooms, 2 full bathrooms, 2,016 square feet, 2.01-acre lot.
1203 Lakefield is zoned for Comal ISD with assigned schools: Mountain Valley (elementary), Mountain Valley Middle (middle), Canyon Lake (high). School assignments should be verified directly with the district.
1203 Lakefield is a Residential built in 1996 featuring 3 bedrooms, 2 full bathrooms, 2,016 square feet, 2.01-acre lot.
1203 Lakefield 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 1203 Lakefield is $5,663. 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
Listing timeline with current price, original ask, and market time.
Comal 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% ($96K)
$479,000
Luxury property intelligence
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List price
$479,000
Price per sqft
$238/sqft
Vs. Hillcrest Estates median
Not available
Days on market
35 days
Original to current
$20K reduction
$499K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 22, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($95,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1203 Lakefield is around $2,957 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $479,000, 1203 Lakefield is in the Hillcrest Estates market where there are currently 88 active listings in 78133. The Keenan Group has completed 3 transactions in 78133 as part of 1,000+ career sales totaling $1B+ across Austin.
1203 Lakefield includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Current Price
$499,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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