5 bed, 5 bath, 3,560 sqft on 0.31 acres in Lake Austin. Austin, TX 78732. $3,499,999. Leander ISD.
About This Home
Originally designed by J. Bryant Boyd and recently updated, this Lake Austin waterfront residence is built for the way you actually want to live: inside, outside, and on the water.
Five bedrooms and five baths, including a primary suite with its own private lake-view terrace, soaking tub, and dual vanities. The main living area and kitchen sit on the upper level to capture the best views, while the lower level opens directly to the lake with a second full kitchen, a bar, an exterior shower, and a fire pit. Two levels of terrace space and two fireplaces mean every gathering space is thoughtfully planned, designed to flow effortlessly from one to the next.
Your private dock and boat slip include a spiral staircase up to a party deck made for sunset watching. The 0.3-acre lot sits on a quiet cul-de-sac, shaded by mature trees, with direct waterfront access. And world-class dining and serenity are close at hand, with Lake Austin Spa Resort just steps away.
This is a stretch of Lake Austin most people don't know exists. Step off your dock and you're minutes from Ski Shores, Austin Country Club, and the best the lake has to offer. By the Fourth of July, there's no finer seat in the city for watching fireworks light up the water than your own boat deck.
A little about the setting: This home is one of just 16 residences tucked along a private easement leading down toward Lake Austin, with this residence positioned at the very front of the waterfront. Each homeowner has their own individual dock/slip, with the docks connected along the shoreline. The result is a rare little lake community that feels friendly and connected, while still offering a peaceful, private atmosphere and plenty of space to enjoy your own slice of the lake.
The original, authentic Austin lake life, refined.
The moment you step onto the dock at 12417 River Bend Unit 8, you understand why this Lake Austin waterfront home works as a true basecamp for active living. Designed by J. Bryant Boyd and recently updated, this 5-bedroom, 5-bath residence sits on 0.3 acres of lakefront property in Freund Sleepy Hollow Lake Austin, directly accessible to one of the most underutilized stretches of water in the city. Your private boat slip and dock aren't amenities here - they're your daily gateway.
Access defines everything. The home's lower level opens directly waterside with its own full kitchen, bar, and exterior shower, eliminating the friction between house and water. Load gear straight from the garage, grab what you need from the second kitchen, and you're on the water in minutes. The 3,560 square feet spreads across two full levels to separate your basecamp functions: upper level handles family living and sleep, while the lower level becomes pure action central. Stone, tile, and wood flooring throughout handle the wet-gear reality of lake living without fuss.
The boat deck itself anchors your operation. A spiral staircase climbs to a party deck built for watching sunsets, fireworks on the Fourth of July, and water traffic patterns you'll learn like locals. Ski Shores sits minutes downstream, Austin Country Club just across the water, and the best lake conditions run directly past your slip. The dock and boat slip aren't shared - these are yours. That matters when you're loading up early mornings or mid-week adventures.
Storage spreads across the property with intention. The primary suite occupies its own lake-view terrace on the upper level with soaking tub and dual vanities for post-adventure recovery. Two fireplaces and multiple living areas give you flexible spaces to dry out, regroup, or host the crew. Recessed lighting and wired-for-data infrastructure mean this house handles modern life alongside the water routine.
The rush comes from location. You dock here and immediately access the best of Lake Austin without the crowds of further-downstream spots. By mid-morning on summer days, you've already cleared the bay and hit open water. The neighborhood sits quiet on a cul-de-sac, shaded by mature trees over 40 feet tall, which means you return to peace after the action stops.
At $1,081 per square foot for lakefront in the Leander ISD area near Vandegrift High School, this isn't just waterfront living - it's the infrastructure for a lifestyle built around what you actually do, not what you're told to want. The dock and boat slip make this waterfront property function differently from everything else on the market.
The numbers behind this insight
- Offered at
- $3,499,999
- Listed
- June 18, 2026
- Price changes
- 2, down 9.1% from $3,850,000
- Asking price per sq ft
- $983
Lake Austin market
- Homes sold
- 15
- Median sale price
- $5,050,000
- Median price per sq ft
- $1,173
- Homes for sale now
- 21
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $732 per sq ft over the trailing 12 months (178 sales), as of November 4, 2026.
Lake Austin is Austin's most exclusive waterfront corridor - 22 miles of constant-level shoreline in 78732, 15 minutes from downtown. Waterfront homes start around $4M and trophy lots with 200+ feet of flat shoreline trade at $15M-$35M+. The lake is controlled by Tom Miller Dam, which maintains consistent water levels year-round - the key advantage over seasonal Lake Travis.
This is one of Austin's thinnest markets. Roughly 22 miles of total shoreline, and at any given time only 3-5 homes are actively listed. Many of the best lots trade privately through agent relationships before they ever reach the MLS. The finite supply creates a structural price floor that insulates Lake Austin from broader market cycles.
Buyers here want water access as daily life, not a weekend plan. Morning paddleboard, afternoon ski run, burgers at Ski Shores by boat, sunset from your own dock watching Hill Country ridgelines. The practical side matters too: you are inside Austin city limits with full services, 15 minutes from downtown, 10 from the Domain.
Four Seasons Private Residences is under development on 145 acres with 188 planned homes - the first significant new inventory since the lake was established. Eanes ISD and Leander ISD serve different sections of the corridor, both with strong school ratings.
- Property Type
- Residential
- Year Built
- 2007
- Lot Size
- 0.31 acres
- Price / Sq Ft
- $983
- Garage
- 2 spaces
Listing information last updated October 29, 2026.
Listed by Hawkins Bucklew Property Group
MLS# 3391475 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Ceiling Fan(s)
- Granite Counters
- Double Vanity
- Interior Steps
- Kitchen Island
- Multiple Living Areas
- Recessed Lighting
- Wired for Data
- Cooktop
- Dishwasher
- Disposal
- Exhaust Fan
- Microwave
- Stainless Steel Appliance(s)
- Stone
- Tile
- Wood
- Heating
- Central,Fireplace(s),Propane
- Cooling
- Ceiling Fan(s),Central Air
- Fireplaces
- 2
Exterior & Lot
- Balcony
- Boat Slip
- Boat Dock - Shared
- Exterior Steps
- Lighting
- Wood Siding
- Back Yard
- Cul-De-Sac
- Level
- Sprinkler-Manual
- Trees-Large (Over 40 Ft)
- Trees-Medium (20 Ft - 40 Ft)
- Views
- Partial
- Wood
- Slab
- Covered
- Patio
- Rear Porch
- Terrace
- Roof
- Composition,Shingle
- Lot Size
- 0.31 Acres
- Garage
- Open
- Garage Spaces
- 2
- Lake Front
- Lake Privileges
Financial
- Original List Price
- $3,850,000
- Price per Sq Ft
- $983
Utilities
- Electricity Connected
- Propane
- Water Connected
- Water Source
- Private
- Sewer
- Septic Tank
Transaction History
2 records on file
Every recorded listing, sale, and lease at 12417 River BND Unit #8, whoever represented it.
- ActiveListed 2026Current price: $3,499,999Original list: $3,850,000MLS 3391475
- Listed · June 18, 2026$3,850,000
- Price changed · August 25, 2026$3,750,000
- Price changed · October 29, 2026$3,499,999
- SoldJune 24, 2022Listed at: $2,950,000MLS 2460264
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
- $3,499,999
- Original list
- $3,850,000
- Price movement
- $350K reduction
- Listed / DOM
- Jun 18, 2026 · 139 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,622,226
- Assessment Year
- 2025
- Year Built
- 2007
- Parcel ID
- 000000123984
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-38.9% | — | $1,622,226 | — | — |
2024+377.5% | — | $2,653,569 | $900,000 | $1,310,489 |
2023+5.9% | — | $555,719 | $900,000 | $1,753,569 |
2022-0.8% | — | $525,000 | $270,000 | $285,719 |
2021 | — | $529,014 | $270,000 | $255,000 |
Zoned Schools
Vandegrift
Canyon Ridge
River Ridge
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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($700K)
Adjustable assumption - not a lending recommendation.
Home price
$3,499,999
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Lake Austin pricing, timing, and property scale. No automated valuation claim.
List price
$3,499,999
Price per sqft
$983/sqft
Vs. Neighborhood guide reference price
-30.7%
$5.1M · Lake Austin neighborhood guide · reference price
Days on market
139 days
Original to current
$350K reduction
$3.9M original
Active inventory context
31 listings
Price Position in Lake Austin
Listed 31% below the Lake Austin neighborhood guide reference price. Lake Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 29, 2026.
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