5 bed, 5 bath, 5,257 sqft on 0.50 acres in Sweetwater. Austin, TX 78738. $3,100,000. Lake Travis ISD.
About This Home
Set on nearly half an acre in Sweetwater, this beautifully finished 2022 Drees residence combines modern design, privacy and exceptional indoor-outdoor living. Offering approximately 5,480 square feet with 5 bedrooms and 5.5 baths, the home is thoughtfully designed for both everyday living and entertaining, with a private greenbelt backdrop that creates a peaceful Hill Country setting. The main level features an open great room with expansive black-framed windows, warm wood flooring and a contemporary fireplace, flowing seamlessly into the dining area and spacious kitchen with an oversized waterfall island. A striking glass-enclosed, floor-to-ceiling wine display and bar creates a memorable focal point for entertaining. The first-floor primary suite offers a spa-like bath with a freestanding soaking tub, oversized glass shower and generous storage. A dedicated office with custom built-ins provides an ideal work-from-home setting. Upstairs, the home continues with a spacious game room, dedicated home theater, secondary bedrooms and access to an upper-level terrace overlooking the surrounding greenery. Outdoor living is equally impressive, centered around a 42-foot heated pool and spa with retractable cover, expansive covered entertaining areas and multiple spaces for dining and relaxing. Additional enhancements include patio cooling misters, an integrated mosquito misting system, whole-home water filtration, Hunter Douglas motorized shades, extensive California Closets systems and a fully equipped home gym. Located in the highly sought-after Sweetwater community near Lakeway and Bee Cave, this turnkey residence offers an exceptional combination of modern comfort, entertaining space and privacy in one of the Austin area's most desirable Hill Country settings.
Sweetwater is the Bee Cave community where the developer spent as much on the pool complex as some neighborhoods spend on their entire amenity package. The resort-style aquatic center includes a heated lap pool, a family pool with splash pad, and an adults-only pool, all surrounded by Hill Country landscaping and cabana seating. It sounds like a vacation resort, but this is a neighborhood amenity residents use on a regular Tuesday in June.
Sweetwater is in Bee Cave within the 78738 zip code, along Sweetwater Boulevard off Hamilton Pool Road. Downtown Austin is approximately 25 minutes east via Highway 71 to MoPac. The Bee Cave commercial district is about five minutes along the 71 corridor. Hamilton Pool Preserve is roughly 20 minutes west on Hamilton Pool Road. Reimers Ranch Park, with rock climbing, mountain biking, and Pedernales river access, is about 15 minutes in the same direction. Lake Travis boat ramps are 15 to 20 minutes away.
Housing reflects construction from 2015 through present. Hill Country Contemporary dominates at roughly 40 percent, with native limestone, metal roofing, and floor plans oriented around outdoor living. Texas Traditional accounts for about 25 percent. Modern Farmhouse at approximately 20 percent brings the open-plan aesthetic popular across Austin luxury. Lot sizes range from a fifth of an acre in townhome sections to three-quarters of an acre on estate lots. Pricing spans from the mid-$500s for patio homes to over $2.5 million for custom builds. The core market for a four-bedroom falls between $850,000 and $1.4 million.
Lake Travis ISD serves Sweetwater, with assignments at Bee Cave Elementary, Lake Travis Middle, and Lake Travis High. The district rests on strong academic performance, competitive athletics, and broad extracurriculars. Lake Travis High sends graduates to competitive universities statewide. The growing commercial tax base supplements residential revenue and supports per-student spending.
The internal trail system connects neighborhoods to the pool complex, parks, and common areas. Falconhead West trails are nearby for longer outings. Hamilton Pool draws visitors from across Texas but is close enough to feel local. Reimers Ranch offers 18-plus miles for biking and hiking plus river access. Cafe Blue handles seafood consistently. The Garden at Ellera brings Italian-influenced fare for date nights. Jack Allen's Kitchen serves Texas comfort food with local sourcing. Baguette et Chocolat provides French bakery and bistro. Meridian 98 brings a modern American menu. Summer revolves around pools and lake outings. Fall and spring push residents onto trails and into Hill Country parks.
Compared to Serene Hills, which emphasizes preserved green space, Sweetwater offers a larger community with more amenity infrastructure. Serene Hills is quieter and more intimate. Sweetwater is more active and programmed. Compared to Rough Hollow with its marina, Sweetwater lacks direct lake infrastructure but counters with the pool complex and a location closer to Bee Cave's commercial core. Rough Hollow suits buyers centered on the lake. Sweetwater suits those wanting resort amenities without tying routine to water.
Sweetwater fits families wanting a loaded amenity package, Lake Travis ISD, and Bee Cave convenience without committing to a lake or golf lifestyle. If your Saturday involves morning laps, an afternoon hike at Reimers Ranch, and dinner at one of five restaurants within ten minutes, this is where those things converge. The community is large enough for variety but structured enough that amenities create connection points. It is built for people who will actually use what the HOA provides.
School District: Lake Travis ISD
View Sweetwater neighborhood guide- Property Type
- Residential
- Year Built
- 2022
- Lot Size
- 0.50 acres
- Price / Sq Ft
- $590
- HOA
- $340/quarter
- Garage
- 3 spaces
- Pool
- Yes
Listing information last updated September 28, 2026.
Listed by NB Elite Realty
MLS# 2446313 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling-High
- Double Vanity
- Entrance Foyer
- Interior Steps
- Kitchen Island
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Soaking Tub
- Walk-In Closet(s)
- Wired for Sound
- Dishwasher
- Disposal
- Gas Cooktop
- Microwave
- Double Oven
- Stainless Steel Appliance(s)
- Vented Exhaust Fan
- Water Heater
- Carpet
- Tile
- Wood
- Heating
- Central,Natural Gas,Zoned
- Cooling
- Central Air,Zoned
- Fireplaces
- 1
Exterior & Lot
- Gutters Full
- Stone
- Stucco
- Greenbelt
- Cul-De-Sac
- Level
- Sprinkler - Automatic
- Trees-Small (Under 20 Ft)
- Fenced
- Slab
- Covered
- Rear Porch
- Roof
- Metal
- Lot Size
- 0.50 Acres
- Attached
- Garage Faces Side
- Garage Spaces
- 3
- Pool
- Yes
Financial
- HOA Fee
- $340 / quarter
- Original List Price
- $3,100,000
- Price per Sq Ft
- $590
Utilities
- Cable Available
- Electricity Connected
- Natural Gas Connected
- Phone Available
- Underground Utilities
- Water Connected
- Water Source
- MUD
- Sewer
- MUD
Transaction History
2 records on file
Every recorded listing, sale, and lease at 17917 Davenport Divide CT, whoever represented it.
- ActiveListed 2026Current price: $3,100,000Original list: $3,100,000MLS 2446313
- Listed · August 13, 2026$3,100,000
- SoldNovember 23, 2022Listed at: $2,499,900MLS 4950759
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
Listed with current price, original ask, and market time.
- Current list
- $3,100,000
- Original list
- $3,100,000
- Price movement
- No verified reduction
- Listed / DOM
- Aug 13, 2026 · 64 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,691,938
- Assessment Year
- 2025
- Year Built
- 2022
- Parcel ID
- 000000878452
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-16.8% | — | $1,691,938 | $373,275 | — |
2024+1395.1% | — | $2,033,550 | $373,275 | $1,340,547 |
2021 | — | $136,013 | $136,013 | — |
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Zoned Schools & District Context
Lake Travis
Bee Cave Middle School
Rough Hollow
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 2026-10-15T20:07:04.379+00:00; normalized from quarterly dues.
20% ($620K)
Adjustable assumption - not a lending recommendation.
$3,100,000
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Keenan Market Position
A sourced read on Sweetwater pricing, timing, and property scale. No automated valuation claim.
List price
$3,100,000
Price per sqft
$590/sqft
Vs. Neighborhood guide reference price
+349.7%
$689.4K · Sweetwater neighborhood guide · reference price
Days on market
64 days
Original to current
No verified reduction
$3.1M original
Active inventory context
34 listings
Price Position in Sweetwater
Listed 350% above the Sweetwater neighborhood guide reference price. Sweetwater neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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