5 bed, 5 bath, 8,178 sqft on 1.23 acres in Spanish Oaks. Austin, TX 78738. $5,675,000. Lake Travis ISD.
About This Home
Nestled on 1.23 pristine acres within the exclusive guard-gated enclave of Spanish Oaks, 12317 Emory Oak Ln is a rare compound that delivers an exceptional blend of privacy, views and character unlike anything else in the community. The 5 bedroom, 6 bathroom property spans 8,178 SF and borders hundreds of acres of preserved land, providing unobstructed Hill Country views. On approach, mature oaks and native landscaping create a tranquil buffer from the outside world. The open-concept living space is surrounded by walls of glass and anchored by the gourmet kitchen, featuring Wolf and Thermador ovens, a SubZero refrigerator, a premium Miele dishwasher and an oversized quartz countertop. Sprawling Hill Country views frame the living room, where a wood-burning fireplace sets the scene. The primary suite is a welcoming retreat with gorgeous natural light, a fireplace, sitting area, his and hers walk-in closets, dual vanities and a jetted tub. A dedicated office ensures quiet productivity while the fully equipped gym is bathed in light and Hill Country views. A separate Casita offers an immersive entertainment experience with a private movie theater, full pool bath, game room with fireplace and a 2,000+ bottle climate-controlled wine cellar. Outside, resort-style amenities define the grounds — an infinity-edge pool overlooking the natural landscape, a custom outdoor kitchen and pizza oven for al fresco dining, and a fire pit for intimate gatherings under the stars. Well water irrigation underscores the thoughtful infrastructure. Additional features include a lounge, bar, laundry room, 3-car garage, motor court, full-house generator and full AI home automation pre-wiring throughout. Welcome to a singular opportunity in one of Austin's most coveted addresses.
At 12317 Emory Oak Ln in Spanish Oaks, this 8,178-square-foot residence on 1.233 acres functions as a private resort where daily life transitions seamlessly between meticulously designed indoor spaces and expansive outdoor living areas. The property sits within Austin's guard-gated Spanish Oaks enclave in the 78738 zip code, bordered by hundreds of acres of preserved Hill Country land, creating the rare combination of proximity to Austin and genuine seclusion.
The home's interior architecture centers on open-concept living with floor-to-ceiling glass walls framing unobstructed Hill Country views. The primary kitchen anchors this flow with dual Wolf and Thermador ovens, Sub-Zero refrigeration, Miele dishwasher, and quartz countertops designed for both serious cooking and casual entertaining. Beamed ceilings and vaulted spaces create volume and light throughout multiple living and dining areas. The primary suite occupies the main floor with a fireplace, sitting area, dual walk-in closets, jetted soaking tub, and morning views across the landscape. A dedicated home office and light-filled fitness studio ensure functional flexibility without sacrificing the property's leisure orientation.
The separate casita completes the accommodation picture. This guest structure houses a private movie theater, game room with fireplace, full bath, and a 2,000-plus bottle climate-controlled wine cellar - creating discrete space for entertaining or extended family visits.
Outside, the resort infrastructure dominates the experience. An infinity-edge pool commands the grounds with Hill Country views as its backdrop. A custom outdoor kitchen and wood-fired pizza oven establish the dining centerpiece, while a fire pit provides evening gathering space. Mature oak trees and native landscaping frame the cul-de-sac lot at a level grade, requiring minimal site grading while maximizing privacy. Well water irrigation and full-house generator represent the infrastructure investment typical of properties this caliber.
Lake Travis ISD serves the property, with Lake Pointe Elementary, Lake Travis Middle, and Lake Travis High School providing comprehensive education access for families. The location sits roughly 25 minutes north of downtown Austin via Ranch Road 2222 and Texas Hill Country terrain that defines the region's character.
Priced at 5.80 million dollars and assessed at 709 per square foot, this property reflects the market value for guard-gated compound living in Austin's most established luxury enclave. The combination of resort-grade amenities, acreage, and permanent Hill Country views creates lifestyle infrastructure most buyers never achieve, even at significantly higher price points.
The numbers behind this insight
- Offered at
- $5,675,000
- Listed
- April 13, 2026
- Price changes
- 1, down 2.1% from $5,799,000
- Asking price per sq ft
- $694
Spanish Oaks market
- Homes sold
- 14
- Median sale price
- $3,600,000
- Median price per sq ft
- $671
- Median days on market
- 54
- Homes for sale now
- 9
- Months of supply
- 7.7
Keenan Luxury Market Index: $5M-$10M single-family homes across the Austin area sold at a median $990 per sq ft over the trailing 12 months (44 sales), as of October 20, 2026.
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
- 2008
- Lot Size
- 1.23 acres
- Price / Sq Ft
- $694
- HOA
- $1,850/quarter
- Garage
- 3 spaces
- Pool
- Yes
Listing information last updated October 12, 2026.
Listed by Coldwell Banker Realty
MLS# 6892809 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Beamed Ceilings
- Ceiling-Vaulted
- Entrance Foyer
- Multiple Dining Areas
- Multiple Living Areas
- Pantry
- Primary Bedroom on Main
- Walk-In Closet(s)
- Wet Bar
- Built-In Oven(s)
- Dishwasher
- Microwave
- Double Oven
- Refrigerator
- Vented Exhaust Fan
- Stone
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 2
Exterior & Lot
- Barbecue
- Private Yard
- Frame
- Stone Veneer
- Stucco
- Cul-De-Sac
- Level
- Trees-Moderate
- Back Yard
- Slab
- Covered
- Roof
- Metal
- Lot Size
- 1.23 Acres
- Attached
- Door-Multi
- Garage Door Opener
- Garage Faces Front
- Garage Spaces
- 3
- Pool
- Yes
Financial
- HOA Fee
- $1,850 / quarter
- Original List Price
- $5,799,000
- Price per Sq Ft
- $694
Utilities
- Electricity Connected
- Propane
- Water Connected
- Water Source
- MUD
- Sewer
- MUD
Transaction History
1 record on file
Every recorded listing, sale, and lease at 12317 Emory Oak LN, whoever represented it.
- ActiveListed 2026Current price: $5,675,000Original list: $5,799,000MLS 6892809
- Listed · April 13, 2026$5,799,000
- Price changed · June 22, 2026$5,675,000
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
Price Change with current price, original ask, and market time.
- Current list
- $5,675,000
- Original list
- $5,799,000
- Price movement
- $124K reduction
- Listed / DOM
- Apr 13, 2026 · 191 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $3,803,940
- Assessment Year
- 2025
- Year Built
- 2008
- Parcel ID
- 000000754134
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+15.3% | — | $3,803,940 | — | — |
2024+0.3% | — | $3,300,000 | $968,000 | $1,965,078 |
2023+43.3% | — | $3,290,000 | $968,000 | $2,332,000 |
2022 | — | $2,295,800 | $968,000 | $2,322,000 |
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 2026-10-15T18:07:15.522+00:00; normalized from quarterly dues.
20% ($1.1M)
Adjustable assumption - not a lending recommendation.
$5,675,000
Luxury property intelligence
Keenan Market Position
A sourced read on Spanish Oaks pricing, timing, and property scale. No automated valuation claim.
List price
$5,675,000
Price per sqft
$694/sqft
Vs. Neighborhood guide reference price
+57.6%
$3.6M · Spanish Oaks neighborhood guide · reference price
Days on market
191 days
Original to current
$124K reduction
$5.8M original
Active inventory context
9 listings
Price Position in Spanish Oaks
Listed 58% 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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