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5 bed, 4 bath, 4,793 sqft on 0.52 acres in Serene Hills. Lakeway, TX 78738. Last listed at $1,999,995, sold March 20, 2026. Lake Travis ISD.
About This Home
Welcome to 204 Ringtail Stream Drive, located in the heart of Serene Hills, which has had over $150,000 in upgrades. Nestled in a cul-de-sac, where luxury and entertainment intersect, to deliver extraordinary, this home provides you everything you are looking for. Situated on just over a half acre lot, this hill country modern two-story floor plan boasts 4793 square feet offering 5 bedrooms, 4 full bathrooms and 1 half bath, separate office, a custom wine bar, billiard area, and a main level game room. An entertainer’s delight in every aspect. Create indoor/outdoor living by opening sliding glass doors to the spacious covered patio with built-in kitchen and admire the finest sunsets hill country living has to offer. The private backyard is an oasis in itself showcasing a grand sparkling pool and spa, expansive covered patio for plenty of guests, and gas fire-pit for relaxing. An enormous fully turfed side yard offers an area of play and further entertainment. The open floor plan provides for an abundance of natural light. The gourmet kitchen is a chef’s delight featuring an oversized marble center island, double ovens, 6-burner gas range and shaker style cabinets. The laundry room will make your chores a pleasure with its stone counter island and abundance of storage. Stroll into the spacious primary suite with huge windows to overlook the stunning panoramic landscape of Texas hill country. Direct backyard access to miles of hike and bike trails. This magnificent property offers sprawling living areas, soaring ceilings, breathtaking views and luxury at its finest.
At $417 per square foot, 204 Ringtail Stream Dr stands out as a 4,793 square foot single-family residence on 0.523 acres in one of Lakeway’s more desirable newer sections. In Serene Hills, 204 Ringtail Stream Dr pairs a 2016 build with a five-bedroom, four-bath, one-half-bath layout, a pool, and a three-car garage in a setting that feels private without giving up access to the daily essentials of Lakeway and Bee Cave.
This part of Serene Hills draws buyers who want larger lots, newer construction, and direct access to the Hill Country landscape. The home sits on just over half an acre and uses that space well, with a resort-style backyard, covered outdoor living area, and room for play, guests, and quiet evenings. The pool is the headline feature, but the value is in how the outdoor and indoor spaces work together. Large gathering areas, strong natural light, a main level game room, dedicated office space, a wine bar, and a kitchen built for real use make the floor plan practical for both daily life and entertaining. A fireplace adds warmth to the main living space, and the scale of the home gives flexibility for multigenerational living, work from home, or long-term hosting.
For school-conscious buyers, the address feeds to Lake Travis ISD, one of the main reasons this pocket continues to stay on short lists. Serene Hills Elementary is the neighborhood school, with Lake Travis Middle School and Lake Travis High School serving the area. That school path matters here because many buyers in 78738 are making a long-term decision, not just a move for the next two or three years.
Geographically, this address benefits from quick connections to Serene Hills Drive and Highway 71, which keeps Hill Country Galleria, Bee Cave retail, and restaurant runs within easy reach. Lake Travis is also close enough to shape the lifestyle, whether that means weekends on the water, dinner in Rough Hollow, or simply living in a part of Travis County where the terrain, views, and trail access still define the experience. With roughly $2.00 million in asking price, 47 days on market, and a mix of lot size, school draw, and outdoor living that is hard to duplicate, this is the kind of Lakeway property that can continue to make sense for both lifestyle and long-term value.
The numbers behind this insight
Serene Hills market
- Homes sold
- 19
- Median sale price
- $1,268,000
- Median price per sq ft
- $379
- Median days on market
- 41
- Homes for sale now
- 4
- Months of supply
- 2.5
Serene Hills is a 339-home community in Bee Cave where roughly 75 percent of the land was left as preserved green space. That means the neighborhood has more acres of open terrain than residential lots. That ratio is not typical for the price point. Most Bee Cave and Lakeway communities maximize lot yield. Serene Hills went the other direction, and the result is houses that sit in the landscape rather than covering it.
The community is in Bee Cave within the 78738 zip code, along Bee Cave Parkway between Highway 71 and Hamilton Pool Road. Downtown Austin is roughly 25 minutes east via Highway 71 to MoPac. The Bee Cave commercial corridor with H-E-B and Hill Country Galleria is about five minutes away. Lakeway is approximately ten minutes west. Falconhead borders to the south and Sweetwater to the north and east.
Housing was built primarily between 2014 and 2020. Contemporary Hill Country architecture dominates at roughly 40 percent, with native stone, stucco, metal roof accents, and oversized windows that take advantage of the green space views. Modern Farmhouse designs account for about 25 percent. Mediterranean influences appear in about 15 percent. Lot sizes range from a quarter acre to over half an acre on perimeter lots backing to preserved land. Pricing runs from the high $700s to over $2 million. The active market for a four-bedroom falls between $1 million and $1.6 million.
Lake Travis ISD serves Serene Hills. Students attend Bee Cave Elementary, Lake Travis Middle, and Lake Travis High. The district is well-regarded for academics, athletics, and extracurriculars. The tax base from Bee Cave and Lakeway commercial development supports teacher compensation and facilities. The elementary campus is close enough that the morning drop-off is brief, a practical detail that matters more to daily life than rankings.
With 339 homes, residents know neighbors by name. That is not a figure of speech. Community events, the pool, and trails create enough recurring contact for relationships to form naturally. Internal trails connect to Bee Cave Park Loop for longer outings. For dining, Tadashi serves Japanese cuisine with quality ingredients. Cafe Blue offers polished seafood. SP Brazilian handles special occasions. CARVE American Grille brings straightforward steaks and cocktails. The Grove Wine Bar works for quieter weeknights. Restaurant density in Bee Cave has reached the point where residents eat out several nights without repeating.
Compared to Rough Hollow, which is four times the size with a marina, Serene Hills offers a quieter experience with more breathing room and tighter social fabric. Compared to Sweetwater nearby, Serene Hills is smaller with more preserved natural terrain. Sweetwater offers more resort-style pools and a wider price range. Compared to Falconhead with its golf course, Serene Hills replaces golf with green space. No golf course, no marina, no lazy river. What it has is land that was left alone.
Serene Hills is for buyers who have looked at the large master-planned communities and decided they want something quieter. If 339 homes is the right scale, if you would rather look at open Hill Country than a roofline, and if Lake Travis ISD and a 25-minute commute check the practical boxes, this delivers. It works for families with young children who want kids growing up together, and couples wanting Bee Cave without the density. The green space is the product. Everything else is built around preserving it.
School District: Lake Travis ISD
View Serene Hills neighborhood guide- Property Type
- Residential
- Year Built
- 2016
- Lot Size
- 0.52 acres
- Price / Sq Ft
- $417
- HOA
- $255/quarter
- Garage
- 3 spaces
- Pool
- Yes
Listing information last updated March 13, 2026.
Listed by TXS Realty
MLS# 6983146 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Breakfast Bar
- Ceiling Fan(s)
- Cathedral Ceiling(s)
- Ceiling-Vaulted
- Double Vanity
- Granite Counters
- Ceiling-High
- In-Law Floorplan
- Kitchen Island
- Recessed Lighting
- Primary Bedroom on Main
- Open Floorplan
- Pantry
- Walk-In Closet(s)
- Stone Counters
- Storage
- Wet Bar
- Interior Steps
- Multiple Living Areas
- Multiple Dining Areas
- Bar
- Study
- Home Office
- Built-In Gas Range
- Dishwasher
- Disposal
- Gas Cooktop
- Microwave
- Double Oven
- Stainless Steel Appliance(s)
- Carpet
- Tile
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Private Yard
- Masonry – All Sides
- Stone
- Greenbelt
- Cul-De-Sac
- Few Trees
- Trees-Medium (20 Ft - 40 Ft)
- Wood
- Wrought Iron
- Slab
- Covered
- Patio
- Roof
- Metal
- Lot Size
- 0.52 Acres
- Attached
- Door-Multi
- Door-Single
- Garage Spaces
- 3
- Pool
- Yes
Financial
- HOA Fee
- $255 / quarter
- Original List Price
- $1,999,995
- Price per Sq Ft
- $417
Utilities
- Electricity Available
- Natural Gas Available
- Underground Utilities
- Water Source
- Public
- Sewer
- Public Sewer
Explore this area
Price & Listing History
Pending with current price, original ask, and market time.
- Current list
- $1,999,995
- Original list
- $1,999,995
- Price movement
- No verified reduction
- Listed / DOM
- Jan 25, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,691,664
- Assessment Year
- 2025
- Year Built
- 2016
- Parcel ID
- 000000845739
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-18.9% | — | $1,691,664 | — | — |
2024+1.5% | — | $2,086,410 | $330,000 | $1,503,817 |
2023+35.8% | — | $2,054,724 | $330,000 | $1,756,410 |
2022 | — | $1,512,988 | $330,000 | $1,724,724 |
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Zoned Schools & District Context
Lake Travis
Bee Cave Middle School
Serene Hills
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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($400K)
Adjustable assumption - not a lending recommendation.
$1,999,995
Luxury property intelligence
Keenan Market Position
A sourced read on Serene Hills pricing, timing, and property scale. No automated valuation claim.
List price
$1,999,995
Price per sqft
$417/sqft
Vs. Neighborhood guide reference price
+57.7%
$1.3M · Serene Hills neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$2M original
Active inventory context
4 listings
Price Position in Serene Hills
Listed 58% above the Serene Hills neighborhood guide reference price. Serene Hills neighborhood guide · reference price.
Source: Public records and Keenan Group review as of Mar 25, 2026.
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Serene Hills Neighborhood Guide
Lifestyle, schools, market context, and homes in Serene Hills
Serene Hills Homes for Sale
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78738 ZIP Guide
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Lake Travis ISD Schools
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