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5 bed, 5 bath, 4,760 sqft on 1.04 acres in Spanish Oaks. Austin, TX 78738. Last listed at $2,995,000, sold November 8, 2022. Lake Travis ISD.
About This Home
Imagine living in the highly exclusive neighborhood of Spanish Oaks with a 24/7 security guard. This incredible home has been completely redone and is move in ready. Spectacular features include a peaceful gated courtyard & custom Canterra doors as you enter the home. A circular stairway, rotunda ceiling, dramatic arched windows & Hill Country views await. The expansive living room features a two-story ceiling, sleek fireplace, European white oak floors & opens to a truly gourmet kitchen. The grand kitchen that includes custom cabinets, high-end appliances & marble counters & backsplash & a custom beverage center. The tailored study with hill country views features wood beams, wood floors, & oversized double doors. Five luxury bedrooms are great for family and guests & all have their own bath. Two of the guest bedrooms have a balcony & one opens to a private courtyard. The primary bedroom is spacious with great Hill County views, a sitting area and access to a private back patio with a see through fireplace. The immaculate primary bath offers an oversized shower, double vanity, quartz counters, marble floor and an elegant free standing tub. Follow the circular stairs to find amazing hill country views from nearly every room. Three bedrooms & three baths are on this level as well as a second living area. The entire 1.039 acres are manicured with luscious landscaping. Enjoy entertaining on the expansive back porch & outdoor kitchen. There's plenty of room for a pool and guest house. This acclaimed private golf course community has a resort style swimming pool pavilion, hike & bike trails, a fishing lake, fine dining and more. Located in Bee Cave, Texas and conveniently located 5 minutes from retail shopping, fashion boutiques, movies, groceries, restaurants, holiday festivities and more. Only 20 minutes from downtown. Enjoy quick access to the Austin Bergstrom International Airport. Acclaimed Lake Travis schools or many private schools are nearby.
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
- 2006
- Lot Size
- 1.04 acres
- Price / Sq Ft
- $629
- HOA
- $1,100/quarter
- Garage
- 3 spaces
Listing information last updated November 11, 2022.
Listed by All City Real Estate Ltd. Co
MLS# 4736589 • 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
- Bookcases
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Beamed Ceilings
- High Ceilings
- Quartz Counters
- Double Vanity
- Eat-in Kitchen
- Entrance Foyer
- Interior Steps
- Kitchen Island
- Multiple Dining Areas
- Primary Bedroom on Main
- Built-In Refrigerator
- Convection Oven
- Dishwasher
- Disposal
- Exhaust Fan
- Gas Cooktop
- Gas Range
- Microwave
- Double Oven
- Warming Drawer
- Washer
- Dryer
- Carpet
- Marble
- Wood
- Heating
- Central,Propane,Zoned
- Cooling
- Central Air,Electric,Zoned
- Fireplaces
- 2
Exterior & Lot
- Balcony
- Uncovered Courtyard
- Gutters Full
- Masonry – All Sides
- Near Golf Course
- Trees-Medium (20 Ft - 40 Ft)
- Views
- Slab
- Covered
- Front Porch
- Rear Porch
- Roof
- Tile
- Lot Size
- 1.04 Acres
- Additional Parking
- Driveway
- Garage Spaces
- 3
Financial
- HOA Fee
- $1,100 / quarter
- Original List Price
- $2,994,000
- Price per Sq Ft
- $629
Utilities
- Cable Connected
- Electricity Connected
- Propane
- Water Connected
- Water Source
- MUD
Transaction History
1 record on file
Every recorded listing, sale, and lease at 12208 Musket Rim ST, whoever represented it.
- SoldNovember 8, 2022Listed at: $2,994,000MLS 4736589
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
- $2,995,000
- Original list
- $2,994,000
- Price movement
- No verified reduction
- Listed / DOM
- Sep 9, 2022
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $3,137,095
- Assessment Year
- 2025
- Year Built
- 2006
- Parcel ID
- 000000696887
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+7.8% | — | $3,137,095 | — | — |
2024+4.7% | — | $2,910,000 | $1,200,000 | $1,681,014 |
2023+64.3% | — | $2,780,004 | $1,200,000 | $1,710,000 |
2022+28.2% | — | $1,692,447 | $880,000 | $1,900,004 |
2021 | — | $1,320,126 | $600,000 | $1,092,447 |
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Zoned Schools
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 2026-06-03T20:30:05.482414+00:00; normalized from quarterly dues.
20% ($599K)
Adjustable assumption - not a lending recommendation.
$2,995,000
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Keenan Market Position
A sourced read on Spanish Oaks pricing, timing, and property scale. No automated valuation claim.
List price
$2,995,000
Price per sqft
$629/sqft
Vs. Neighborhood guide reference price
-17.9%
$3.7M · Spanish Oaks neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$3M original
Active inventory context
9 listings
Price Position in Spanish Oaks
Listed 18% below the Spanish Oaks neighborhood guide reference price. Spanish Oaks neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 3, 2026.
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Spanish Oaks Neighborhood Guide
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78738 ZIP Guide
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