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12708 Lipizzan CT
Austin, TX, 78732
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This magnificent six bedroom, four full bath home in Steiner Ranch is within walking distance of Laura Welch Bush Elementary and Canyon Ridge Middle Schools. That's right, six bedrooms, so if you need that many, this is one of the few in Steiner that can accommodate. Otherwise, a media room, second office, craft room, or exercise room are great uses of the space. The island kitchen features granite countertops, a host of tall cabinets, and stainless steel appliances, including a refrigerator, built-in oven, microwave, gas cooktop, dishwasher, & exhaust vent. The open family room boasts a two-story ceiling, a wall of windows overlooking the backyard oasis, fireplace, and built-in speakers. The office offers a tranquil space with French doors, crown molding, and plantation shutters. Retreat to the luxurious master suite, complete with a bay window, wood-look tile flooring, and walk-in closet. The master bath has a whirlpool tub, separate shower, and dual sinks. On the main floor is a secondary bedroom, but it can also be used as a media room since the projector, screen, and speakers are included. There are four additional bedrooms upstairs with two on each side of the central game room. There are two full baths upstairs set up so each set of bedrooms shares one. Step outside to the sprawling backyard retreat, where you'll find a pool, spa, covered patio, uncovered patio, and custom masonry planters. Whether you're lounging by the pool or hosting a barbecue, this outdoor space is perfect for year-round enjoyment. The 3.5 car garage offers plenty of spaces for cars and other storage. Also close by is one of the three Steiner Ranch community centers with tennis courts, a basketball court, pavilion, sports field, playground, pool, kids pool, and the dog park. Steiner also offers access to Lake Austin and more than 20 miles of hiking trails.
Property Type
Residential
Year Built
2005
Lot Size
0.27 acres
$/Sq Ft
$286
HOA
$525.53/mo
Garage
6 spaces
Pool
Yes
Listed by Fiv Realty Co Texas LLC
Verified property facts
12708 Lipizzan CT is listed at $1,039,999 with 6 bedrooms, 4 full bathrooms, 3,641 square feet, 0.27-acre lot. This places it above the 78732 median of $830,500.
12708 Lipizzan CT is zoned for Leander ISD with assigned schools: Laura Welch Bush (10/10) (elementary), Canyon Ridge (10/10) (middle), Vandegrift (9/10) (high). School assignments should be verified directly with the district.
12708 Lipizzan CT is in Steiner Ranch, Austin, Texas. See the full [Steiner Ranch neighborhood guide](/neighborhoods/steiner-ranch-austin) for market data, schools, and lifestyle details.
12708 Lipizzan CT is a Residential built in 2005 featuring 6 bedrooms, 4 full bathrooms, 3,641 square feet, 0.27-acre lot.
12708 Lipizzan CT is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-6.1% | — | $905,010 | — | — |
2024-2.1% | — | $963,925 | $345,000 | $616,335 |
2023+51.4% | — | $984,715 | $345,000 | $618,925 |
2022 | — | $650,600 | $400,000 | $584,715 |
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. Ratings from GreatSchools.org.
20% ($208K)
$1,039,999
Luxury property intelligence
A sourced read on Steiner Ranch pricing, timing, and property scale. No automated valuation claim.
List price
$1,039,999
Price per sqft
$286/sqft
Vs. Steiner Ranch median
+30.1%
$799.5K median
Days on market
798 days
Original to current
$59K reduction
$1.1M original
Active inventory context
35 listings
Price Position in Steiner Ranch
Listed 30% above the Steiner Ranch median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
12708 Lipizzan CT is priced at $286 per square foot across 3,641 sqft. The Steiner Ranch median list price is $799,500.
The most recent annual property tax for 12708 Lipizzan CT is $12,125. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($208,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 12708 Lipizzan CT is around $6,407 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,039,999, 12708 Lipizzan CT is in the Steiner Ranch market where there are currently 87 active listings in 78732. The Keenan Group has completed 5 transactions in 78732 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Steiner Ranch guide](/neighborhoods/steiner-ranch-austin).
12708 Lipizzan CT includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
12708 Lipizzan CT is part of a managed community with HOA dues of $526 semi-annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Steiner Ranch is one of Austin's established neighborhoods, zoned for Leander ISD in the 78732 area. The Keenan Group has specialized in Steiner Ranch real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
7 events on record
Current Price
$1,099,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-6.1% | — | $905,010 | — | — |
2024-2.1% | — | $963,925 | $345,000 | $616,335 |
2023+51.4% | — | $984,715 | $345,000 | $618,925 |
2022 | — | $650,600 | $400,000 | $584,715 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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Neighborhood guide and local insights
Steiner Ranch is a 4,600-acre master-planned community in 78732, built along the bluffs above Lake Austin and Lake Travis. Median home price $800K. Leander ISD schools (Laura Bush Elementary, Canyon Ridge Middle, Vandegrift High), three resort-style community pools, 20+ miles of trails, and private Lake Austin access via the Lake Club. Around 6,500 homes across multiple sections, built from the late 1990s through today. Housing ranges from $500K townhomes to $2M+ estates backing to the UT Golf Club (Roy Bechtol championship course, 7,412 yards). The community is fully built out in most sections, with limited new construction remaining. Daily life revolves around being outside. Trail runners hit J Canyon and Powerline Hill loops before work. The Lake Club gives residents private boat launch access with eleven day-use docks on Lake Austin. Lake Travis is five minutes from the community entrance. Steiner Ranch Steakhouse — panoramic lake views, live music seven nights a week — is the social center. What makes Steiner Ranch the value play for lake-adjacent living: resort-level amenities at a fraction of Lake Austin waterfront pricing, strong schools, and a community infrastructure (pools, trails, golf, lake access) that most master-planned developments can't match. The tradeoff is the 620 commute — 25-35 minutes to downtown depending on traffic.
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