
Welcome to this stunning 5-bedroom, 3.5-bath home with a dedicated office in Cypress Forest! Thoughtfully designed for both everyday living and entertaining, this spacious one-story floor plan features an open kitchen, living, and dining area filled with natural light from a wall of windows overlooking the backyard oasis. The split-bedroom layout offers privacy with secondary bedrooms and a full bath on one side and a spacious MIL suite with its own full bath on the other. The private owner’s suite features a sitting area overlooking the pool, luxurious bath with soaking tub and walk-in shower, and an oversized walk-in closet. Enjoy upgraded tile flooring throughout the main living areas, new carpet in all bedrooms, a large office with French doors, and a beautifully appointed laundry room with custom storage. Step outside to your own private retreat featuring a covered patio, large sport pool with tanning deck, separate Jacuzzi hot tub, and outdoor gas fireplace - perfect for relaxing or entertaining year-round. Situated on a large lot backing to a greenbelt on a quieter street, with easy walking access to the neighborhood park, pool, stocked lake, walking trails, and mailbox. With a full 3-car garage, generous front yard, and thoughtful upgrades throughout, this home truly has it all!
Property Type
Residential
Year Built
2016
Lot Size
0.24 acres
$/Sq Ft
$205
HOA
$300/mo
Garage
3 spaces
Pool
Yes
Listed by Realty One Group Prosper
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
221 Clearwater WAY is listed at $615,000 with 5 bedrooms, 3 full, 1 half bathrooms, 2,994 square feet, 0.24-acre lot. This places it above the 78640 median of $425,000.
221 Clearwater WAY is zoned for HaysCONSISD with assigned schools: Jim Cullen (elementary), R C Barton (middle), Jack C Hays (high). School assignments should be verified directly with the district.
221 Clearwater WAY is a Residential built in 2016 featuring 5 bedrooms, 3 full, 1 half bathrooms, 2,994 square feet, 0.24-acre lot.
221 Clearwater WAY is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 221 Clearwater WAY is $14,910. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded sale and lease at 221 Clearwater WAY, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $617,160 | $118,240 | $498,920 |

HaysCONSISD
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.
20% ($123K)
$615,000
Luxury property intelligence
A sourced read on Cypress Forest Ph One pricing, timing, and property scale. No automated valuation claim.
List price
$615,000
Price per sqft
$205/sqft
Vs. Cypress Forest Ph One median
Not available
Days on market
3 days
Original to current
No verified reduction
$615K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 15, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($123,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 221 Clearwater WAY is around $4,434 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $615,000, 221 Clearwater WAY is in the Cypress Forest Ph One market where there are currently 599 active listings in 78640. The Keenan Group has completed 6 transactions in 78640 as part of 1,000+ career sales totaling $1B+ across Austin.
221 Clearwater WAY was built in 2016, making it 10 years old with relatively recent construction.
221 Clearwater WAY includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
221 Clearwater WAY is part of a managed community with HOA dues of $300 quarterly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
2 events on record
Current Price
$615,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $617,160 | $118,240 | $498,920 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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