1903 Canyon Edge Dr, Austin, TX 78733

Now priced $41,000 BELOW value indicated by a professional appraisal. NEW: Cody Pools confirmed, "There is space to build a beautiful and dramatic pool." All NEW carpet with luxury padding installed January 2026. Soak in nature sights and sounds every day from the comfort of this beautiful Eanes ISD home situated on two lots equaling .76 acres with privacy in every direction. You'll feel like you're living the lake life in your own peaceful treehouse, yet minutes from downtown. This gem is on the canyon side of one of the most desirable streets in the neighborhood and features both expansive back deck space for outdoor living, with the option for a pool or hot tub behind the home, and a huge, flat fenced-in front yard where kids and/or pets can safely play, including room on the second lot that extends into the treed area southwest of the home for an in-ground trampoline, an RV pad, boat parking and more. New hickory hardwoods, marble floors, quartz countertops, Bermuda sod and industrial chic fixtures, along with many other updates, offer a stylish home ready for entertaining with pride. Wall-to-wall windows across the rear of the home frame a permanent backdrop of colorful, mature trees sprinkled along the canyon edge, which lines a wet-weather creek. The thoughtfully-designed floor plan includes a bonus room that could be used as a 5th bedroom, a game room or an office. Deeded access to private boat ramp and park on Lake Austin, with optional membership to the Lake Hills Community Association for swimming pool, clubhouse and more. Natural splendor that can't be built, top-rated schools, low tax rate, room to park a boat on your lot, less than 10 miles from downtown Austin – this is the one you've been waiting for. NOTE: Natural gas is available through CenterPoint Energy, which services this property. For buyers preferring propane, several local providers can install and service an on-site tank.

A 0.7584-acre homesite on two lots in Austin Lake Hills is the defining advantage at 1903 Canyon Edge Dr, especially within Eanes ISD. At $1.07M, or $421 per square foot, this 2,554-square-foot single family residence pairs uncommon land area with a canyon-side setting on one of the neighborhood's more sought-after streets. The school path matters here. Barton Creek, West Ridge, and Westlake give the property real weight for buyers who measure value through both location and long-term district stability.

Built in 1994 with 4 bedrooms, 2 full baths, 1 half bath, a 2-car garage, and 1 fireplace, the house offers a layout with flexibility beyond the core bedroom count, including a bonus space that can function as a fifth bedroom, office, or game room. The rear wall of windows and large back deck make the canyon edge and mature tree cover part of the daily experience rather than background detail. That setting is difficult to duplicate because the natural backdrop is tied to the site itself, including the wet-weather creek corridor below. On the front side, the large fenced yard changes how the property lives, creating usable outdoor area for play, parking, or future utility that many hillside homes in 78733 simply do not have.

The update story is also concrete. New carpet with luxury padding was installed in January 2026, and the home includes hickory hardwoods, marble floors, quartz countertops, Bermuda sod, and updated fixtures. For buyers thinking ahead, Cody Pools has already confirmed there is room for a pool behind the home, which matters because outdoor expansion is often where this segment either gains or loses value. There is also deeded access to a private boat ramp and park on Lake Austin, with optional membership to the Lake Hills Community Association for additional neighborhood amenities. Natural gas is available through CenterPoint Energy, with propane still an option for buyers who prefer it.

The pricing deserves attention. After 236 days on market, the home is now positioned $41,000 below a professional appraisal, which gives buyers a harder reference point than typical listing language. Less than 10 miles from downtown Austin, with room for a boat, RV pad, or other practical uses on site, this property stands out for the combination of land, school district, and future optionality that tends to hold value over time.