5 bed, 5 bath, 6,326 sqft on 2.17 acres in Austin. Austin, TX 78734. $3,750,000. Lake Travis ISD.
About This Home
Designed by acclaimed architect Jeffrey Berkus, this extraordinary waterfront estate on Lake Travis is set on more than 2 acres within the gated Costa Bella community. Positioned on a protected deep-water cove, the property features a private tram and observation deck leading to a two-slip boat dock with HydroHoist lifts. Expansive terraces and balconies capture sweeping lake views, while walls of windows bring the waterfront setting into nearly every major living space. Thoughtfully designed for both everyday living and entertaining, the residence includes five en-suite bedrooms, including a detached casita with a private entrance and kitchenette. High ceilings, exposed wood beams, natural stone accents, and custom millwork create a warm yet sophisticated atmosphere throughout. The recently updated kitchen features refreshed finishes, a Janska range, and a fireplace that adds to the luxurious ambiance. The primary suite serves as a private retreat with a fireplace, coffee bar, spa-inspired bath, terrace access, and panoramic water views. Exceptional outdoor living features a heated pool, expansive patios, and multiple vantage points for enjoying sunsets over the lake. Recent enhancements include HVAC systems, retaining wall and foundation improvements, pool upgrades, Tesla solar panels with three Powerwall batteries, and integrated smart lighting. Residents of Costa Bella enjoy access to a waterfront clubhouse, resort-style pool, fitness center, tennis and basketball courts, and community event spaces, completing one of Lake Travis' most exceptional waterfront offerings. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.
- Property Type
- Residential
- Year Built
- 2002
- Lot Size
- 2.17 acres
- Price / Sq Ft
- $593
- HOA
- $4,508.2/year
- Garage
- 4 spaces
- Pool
- Yes
Listing information last updated September 22, 2026.
Listed by Moreland Properties
MLS# 6448270 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bar
- Bookcases
- Built-in Features
- Beamed Ceilings
- Ceiling-High
- Stone Counters
- Double Vanity
- Entrance Foyer
- Interior Steps
- Kitchen Island
- Multiple Living Areas
- Pantry
- Smart Home
- Soaking Tub
- Storage
- Study
- Home Office
- Walk-In Closet(s)
- Wet Bar
- Dishwasher
- Disposal
- Gas Range
- Double Oven
- Range
- Free-Standing Range
- RNGHD
- Refrigerator
- Water Heater
- Wine Refrigerator
- Stone
- Wood
- Heating
- Central,Fireplace(s)
- Cooling
- Central Air
- Fireplaces
- 3
Exterior & Lot
- Balcony
- Boat Dock - Private
- Boat Ramp
- Boat Slip
- Rain Gutters
- Stucco
- Front Yard
- Landscaped
- Views
- Wrought Iron
- Slab
- Patio
- Terrace
- Roof
- Tile
- Lot Size
- 2.17 Acres
- Attached
- Covered
- Driveway
- Garage
- Garage Spaces
- 4
- Pool
- Yes
- Lake Front
- Waterfront
Financial
- HOA Fee
- $4,508 / year
- Original List Price
- $3,750,000
- Price per Sq Ft
- $593
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- MUD
- Sewer
- Septic Tank
Transaction History
3 records on file
Every recorded listing, sale, and lease at 203 Bella Riva DR, whoever represented it.
- ActiveListed 2026Current price: $3,750,000Original list: $3,750,000MLS 6448270
- Listed · June 26, 2026$3,750,000
- WithdrawnListed 2025Current price: $3,999,999Original list: $4,450,000MLS 4012543
- Price changed · December 17, 2025$4,450,000
- Price changed · February 25, 2026$4,300,000
- Price changed · May 5, 2026$3,999,999
- SoldJanuary 24, 2023Listed at: $4,750,000MLS 5056661
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
- $3,750,000
- Original list
- $3,750,000
- Price movement
- No verified reduction
- Listed / DOM
- Jun 26, 2026 · 112 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $3,567,990
- Assessment Year
- 2025
- Year Built
- 2002
- Parcel ID
- 000000457654
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+10.3% | — | $3,567,990 | — | — |
2024-9.2% | — | $3,235,036 | $1,703,424 | $2,516,008 |
2023+42.6% | — | $3,564,059 | $999,000 | $2,236,036 |
2022 | — | $2,500,000 | $999,000 | $2,565,059 |
Zoned Schools & District Context
Lake Travis
Hudson Bend
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 2026-10-15T18:07:22.656+00:00; normalized from annual dues.
20% ($750K)
Adjustable assumption - not a lending recommendation.
$3,750,000
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Keenan Market Position
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List price
$3,750,000
Price per sqft
$593/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
112 days
Original to current
No verified reduction
$3.8M 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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