5 bed, 3 bath, 6,124 sqft on 23.42 acres in Austin. Austin, TX 78738. $2,600,000. Lake Travis ISD.
About This Home
Behind the gates of Preservation Ranch, The Dreamer presents an extraordinary opportunity to own 23.4 acres of Texas Hill Country. Offered three ways: 23.4 acres with the existing main residence and guest house for $2,600,000; 21.83 acres of land for $2,200,000; or the full 45.23-acre offering for $4,650,000.
The property unfolds through mature oaks, native landscape, dramatic topography, Bee Creek, and sweeping Hill Country and canyon views. It feels remarkably private and removed, yet remains approximately 40 minutes from downtown Austin.
The main residence and separate guest house offer more than 6,100 square feet of combined living space with five bedrooms and three-and-a-half-plus baths. A workshop and three covered parking spaces provide additional utility, while a covered pavilion, pool, spa, and outdoor fireplace create spaces to gather, entertain, and enjoy the surrounding Hill Country landscape.
Reimagine and renovate the existing residences. Expand upon what is here. Create an entirely new architectural estate. Or envision a multi-generational compound with additional residences, guest accommodations, equestrian facilities, sport courts, gardens, garages, and expansive outdoor living. With 23.4 acres, there is room to think on an entirely different scale.
Preservation Ranch is a gated Hill Country community encompassing more than 1,000 acres among just 32 ranchettes, offering exceptional space and seclusion while remaining approximately 15 minutes from the Hill Country Galleria, Whole Foods, H-E-B, dining, and shopping. Located within Lake Travis ISD.
The land, water, views, privacy, and freedom to create something truly exceptional are all here.
- Property Type
- Residential
- Year Built
- 2003
- Lot Size
- 23.42 acres
- Price / Sq Ft
- $425
- HOA
- $385/mo
- Pool
- Yes
Listing information last updated October 6, 2026.
Listed by Kuper Sotheby's Int'l Realty
MLS# 6884822 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Built-in Features
- Ceiling Fan(s)
- Ceiling-High
- Stone Counters
- Double Vanity
- Entrance Foyer
- In-Law Floorplan
- Interior Steps
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Storage
- Walk-In Closet(s)
- Refrigerator
- Stainless Steel Appliance(s)
- Concrete
- Tile
- Wood
- Heating
- Central,Fireplace(s)
- Cooling
- Ceiling Fan(s),Central Air
- Fireplaces
- 6
Exterior & Lot
- Exterior Steps
- Gutters Full
- Lighting
- Private Entrance
- Private Yard
- Stone
- Stucco
- Greenbelt
- Back Yard
- Front Yard
- Landscaped
- Level
- Native Plants
- Open Lot
- Private
- Trees-Heavy
- Trees-Large (Over 40 Ft)
- Trees-Medium (20 Ft - 40 Ft)
- Trees-Small (Under 20 Ft)
- Views
- Partial
- Wrought Iron
- Slab
- Covered
- Enclosed
- Front Porch
- Patio
- Rear Porch
- Terrace
- Roof
- Tile
- Lot Size
- 23.42 Acres
- Additional Parking
- Asphalt
- Carport
- Circular Driveway
- Covered
- Detached
- Detached Carport
- Pool
- Yes
- Creek
Financial
- HOA Fee
- $385 / mo
- Original List Price
- $2,600,000
- Price per Sq Ft
- $425
Utilities
- Electricity Available
- Underground Utilities
- Water Available
- Sewer
- Septic Tank
Transaction History
4 records on file
Every recorded listing, sale, and lease at 19201 Moreh Peak PASS, whoever represented it.
- ActiveListed 2026Current price: $2,600,000Original list: $2,600,000MLS 6884822
- Listed · October 5, 2026$2,600,000
- ActiveListed 2026Current price: $2,600,000Original list: $2,600,000MLS 5313080
- Listed · October 5, 2026$2,600,000
- WithdrawnListed 2025Current price: $4,295,000Original list: $4,295,000MLS 7966949
- WithdrawnListed 2025Current price: $4,295,000Original list: $4,295,000MLS 201185162
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
- $2,600,000
- Original list
- $2,600,000
- Price movement
- No verified reduction
- Listed / DOM
- Oct 5, 2026 · 30 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $3,476,629
- Assessment Year
- 2025
- Year Built
- 2003
- Parcel ID
- 000000961934
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-1.3% | — | $3,476,629 | — | — |
2024-0.4% | — | $3,522,537 | $761,701 | $2,975,951 |
2023 | — | $3,538,079 | $570,400 | $1,367,713 |
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Zoned Schools & District Context
Lake Travis
Bee Cave Middle School
Lake Pointe Elementary
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 2026-10-15T20:07:18.413+00:00; normalized from monthly dues.
Illustrative down payment
20% ($520K)
Adjustable assumption - not a lending recommendation.
Home price
$2,600,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$2,600,000
Price per sqft
$425/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
30 days
Original to current
No verified reduction
$2.6M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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