7 bed, 7 bath, 8,410 sqft on 0.65 acres in Spanish Oaks. Austin, TX 78738. $3,850,000. Lake Travis ISD.
About This Home
A thoughtful balance of scale and livability defines this Spanish Oaks estate, situated on a quiet cul-de-sac where each level of the home is intentionally designed to support the way people live, gather, and unwind. A fully self-contained guest apartment, multiple dedicated workspaces, and an entertainment-driven lower level create a residence designed to evolve with its owner. The main level is centered around connection, with expansive living and dining spaces flowing seamlessly into a well-appointed kitchen and oversized butler’s pantry—ideal for both everyday living and hosting. Multiple en-suite bedrooms and a private office provide functional separation, while the guest apartment, with its own entrance and garage, creates a true extension of the home for long-term guests or multigenerational living. Upstairs, the primary suite is positioned as a private retreat, featuring dual walk-in closets, a spa-style bath, and a balcony overlooking the Hill Country. An adjacent room, currently configured as an office, also lends itself well to a nursery. The lower level is designed for recreation and entertaining, complete with a game room, full bar, theater, and additional guest accommodations, currently utilized as a fitness space. Outdoor living is equally considered, with multiple covered patios, a pool, and an outdoor bar and grilling area designed for year-round enjoyment, all complemented by low-maintenance grounds. Located within the guard-gated community of Spanish Oaks, residents enjoy access to a private golf club, Fish Camp, hike and bike trails, a resort-style pool pavilion, and community parks. Zoned to Lake Travis ISD and minutes from the Hill Country Galleria, this property offers a rare combination of flexibility, privacy, and lifestyle.
The moment you enter 12613 Grama Cv through the grand foyer, you understand you are standing in a home designed for people who refuse compromise. This Spanish Oaks estate commands 8,410 square feet across seven bedrooms and seven full baths on a private cul-de-sac in the guard-gated Spanish Oaks community, where $4.75 million secures not just a residence but an entirely reimagined approach to luxury living in the Hill Country.
The main level is orchestrated around connection and flow. Soaring tray ceilings define multiple living areas that open into a chef's kitchen anchored by a massive island, dual stainless steel ovens, a built-in refrigerator, and a butler's pantry scaled for serious entertaining. Granite and quartz counters, recessed lighting throughout, and a whole-home sound system create an environment where every detail serves both everyday life and formal gatherings. The open floor plan connects to multiple dining zones, each positioned to capture views or facilitate different entertaining moods.
The architectural intelligence deepens on the upper level. The primary suite functions as a sanctuary, with two walk-in closets, a soaking tub, double vanity, and a balcony overlooking the Hill Country landscape. An adjacent room currently configured as a home office can flex into a nursery. Three additional en-suite bedrooms provide the functional separation that makes multigenerational living or frequent guests feel seamless rather than intrusive.
The lower level abandons restraint entirely. A game room, full bar, home theater, and fitness space create a self-contained entertainment wing that separates adult entertaining from everyday living. A completely independent guest apartment with its own entrance and one-car garage garage removes the awkwardness from extended stays or in-law arrangements.
Outside, the property reveals the same intentionality. A saltwater pool anchors multiple covered patios and terraces. An outdoor bar and gas grilling setup command the backyard. Native plantings and automatic irrigation require minimal maintenance while maximizing the 0.6522-acre footprint. A five-car garage accommodates the serious collector or multi-vehicle household.
Spanish Oaks itself delivers amenities rarely found outside resort properties: a private 18-hole golf club, Fish Camp restaurant, five miles of hike and bike trails, a resort-style pool pavilion, and community parks. Lake Pointe Elementary, Bee Cave Middle School, and Lake Travis High School in Lake Travis ISD rank among the strongest in the greater Austin area. Hill Country Galleria sits minutes away for upscale retail and dining.
At $565 per square foot, this property represents the rare intersection of scale, flexibility, and Hill Country prestige where every surface, every room, and every outdoor space has been choreographed for living that refuses to be ordinary.
The numbers behind this insight
- Offered at
- $3,850,000
- Listed
- April 10, 2026
- Price changes
- 3, down 18.9% from $4,750,000
- Asking price per sq ft
- $458
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: $3M-$5M single-family homes across the Austin area sold at a median $740 per sq ft over the trailing 12 months (186 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
- 2015
- Lot Size
- 0.65 acres
- Price / Sq Ft
- $458
- HOA
- $1,452/quarter
- Garage
- 5 spaces
- Pool
- Yes
Listing information last updated September 25, 2026.
Listed by KW-Austin Portfolio Real Estate
MLS# 7820204 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bookcases
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Ceiling-High
- Tray Ceiling(s)
- Central Vacuum
- Chandelier
- Granite Counters
- Quartz Counters
- Double Vanity
- Eat-in Kitchen
- Entrance Foyer
- In-Law Floorplan
- Interior Steps
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Open Floorplan
- Pantry
- Recessed Lighting
- Soaking Tub
- Sound System
- Stackable W
- D Connections
- Study
- Home Office
- Two Primary Closets
- Walk-In Closet(s)
- Wired for Sound
- Built-In Electric Oven
- Built-In Refrigerator
- Dishwasher
- Disposal
- Exhaust Fan
- Microwave
- Gas Oven
- Double Oven
- Free-Standing Gas Range
- Refrigerator
- Stainless Steel Appliance(s)
- Washer
- Dryer
- Electric Water Heater
- Carpet
- Concrete
- Laminate
- Tile
- Heating
- Central,Electric
- Cooling
- Ceiling Fan(s),Central Air,Electric,Multi Units
- Fireplaces
- 1
Exterior & Lot
- Exterior Steps
- Garden
- Gas Grill
- Rain Gutters
- Outdoor Grill
- Private Yard
- Stone Veneer
- Stucco
- Back Yard
- Cul-De-Sac
- Few Trees
- Front Yard
- Landscaped
- Native Plants
- Near Golf Course
- Sprinkler - Automatic
- Trees-Medium (20 Ft - 40 Ft)
- Trees-Sparse
- Back Yard
- Gate
- Wrought Iron
- Slab
- Covered
- Patio
- Porch
- Terrace
- Roof
- Metal
- Lot Size
- 0.65 Acres
- Attached
- Door-Multi
- Driveway
- Garage
- Garage Door Opener
- Garage Faces Side
- Garage Spaces
- 5
- Pool
- Yes
Financial
- HOA Fee
- $1,452 / quarter
- Original List Price
- $4,750,000
- Price per Sq Ft
- $458
Utilities
- Electricity Connected
- Propane
- Sewer Connected
- Water Connected
- Water Source
- MUD
- Sewer
- Public Sewer
Transaction History
3 records on file
Every recorded listing, sale, and lease at 12613 Grama CV, whoever represented it.
- ActiveListed 2026Current price: $3,850,000Original list: $4,750,000MLS 7820204
- Listed · April 10, 2026$4,750,000
- Price changed · April 30, 2026$4,385,000
- Price changed · August 20, 2026$3,995,000
- Price changed · September 25, 2026$3,850,000
- WithdrawnListed 2026Current price: $4,995,000Original list: $4,995,000MLS 6601249
- WithdrawnListed 2025Current price: $4,995,000Original list: $4,995,000MLS 1761186
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
- $3,850,000
- Original list
- $4,750,000
- Price movement
- $900K reduction
- Listed / DOM
- Apr 10, 2026 · 194 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $4,137,800
- Assessment Year
- 2025
- Year Built
- 2015
- Parcel ID
- 000000743760
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+27.3% | — | $4,137,800 | — | — |
2024+3.2% | — | $3,250,000 | $680,000 | $2,522,030 |
2023+14.6% | — | $3,150,000 | $1,040,000 | $2,210,000 |
2022+16.1% | — | $2,749,052 | $1,040,000 | $2,110,000 |
2021 | — | $2,367,701 | $750,000 | $1,999,052 |
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 2026-10-15T18:07:21.985+00:00; normalized from quarterly dues.
20% ($770K)
Adjustable assumption - not a lending recommendation.
$3,850,000
Luxury property intelligence
Keenan Market Position
A sourced read on Spanish Oaks pricing, timing, and property scale. No automated valuation claim.
List price
$3,850,000
Price per sqft
$458/sqft
Vs. Neighborhood guide reference price
+6.9%
$3.6M · Spanish Oaks neighborhood guide · reference price
Days on market
194 days
Original to current
$900K reduction
$4.8M original
Active inventory context
9 listings
Price Position in Spanish Oaks
Listed 7% 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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78738 ZIP Guide
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