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12616 Grama Cv, Austin, TX 78738
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4 bed, 4 bath, 4,261 sqft on 0.74 acres in Spanish Oaks. Austin, TX 78738. Last listed at $1,290,000, sold July 13, 2012. Lake Travis ISD.
About This Home
Spectacular Spanish residence! Cobble stone courtyard leads to the grand entry! Extraordinary detail throughout, stone columns, roaming arches, variety of unique tile work! Gourmet kitchen, walk-in wine cellar, magnificent bathrooms, study & game room. Dramatic living area w/high wood beam ceiling & a sliding Wieland wall of windows opens the home to the outdoor living area which features a pool, spa, fp & kitchen! All nestled in a Tx Hill Country setting. First class community amenities & guarded gate!Restrictions: Yes Sprinkler Sys:Yes
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
- 0.74 acres
Listing information last updated January 22, 2021.
Listed by MLS Member Office
MLS# 236521 • 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
Exterior & Lot
- Lot Size
- 0.74 Acres
Financial
- Original List Price
- $1,290,000
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- Not available
- Original list
- $1,290,000
- Price movement
- No verified reduction
- Listed / DOM
- Jun 17, 2011
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $2,572,505
- Assessment Year
- 2025
- Year Built
- 2008
- Parcel ID
- 000000743757
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-1.0% | — | $2,572,505 | — | — |
2024+0.3% | — | $2,599,347 | $800,000 | $1,524,182 |
2023+64.5% | — | $2,591,175 | $800,000 | $1,799,347 |
2022 | — | $1,575,000 | $800,000 | $1,791,175 |
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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.
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Keenan Market Position
A sourced read on Spanish Oaks pricing, timing, and property scale. No automated valuation claim.
List price
Not available
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
$3.6M · Spanish Oaks neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$1.3M original
Active inventory context
9 listings
Source: Public records and Keenan Group review as of Mar 26, 2026.
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Spanish Oaks Neighborhood Guide
Lifestyle, schools, market context, and homes in Spanish Oaks
Spanish Oaks Homes for Sale
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78738 ZIP Guide
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Lake Travis ISD Schools
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Austin Home Valuation
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