4 bed, 3 bath, 3,152 sqft on 0.32 acres in Lost Creek. Austin, TX 78746. $1,795,000. Eanes ISD.
About This Home
Beautifully reimagined and extensively remodeled, 2308 Cypress Point East offers the character and community of established Lost Creek with a fresh, sophisticated interior completed in August 2026. The renovation touched virtually every part of the home—from new windows and doors to reconfigured walls, a fully remodeled kitchen and beautifully updated bathrooms—creating bright, inviting spaces designed for the way families live today. The exceptionally flexible floor plan is a standout. Two generous guest bedrooms and two full baths are located on the main level, while upstairs the private owner’s suite is joined by an additional bedroom and bath. Across the home, just a half-flight of stairs away, an expansive bonus space offers remarkable versatility and is currently used as a private guest suite, complete with its own full bath and adjoining loft area. Whether envisioned as a guest retreat, game room, media space, home office or combination of uses, this separate wing provides options rarely found in the neighborhood. The newly remodeled kitchen opens to the spacious living and dining areas, creating an easy flow for everyday living and entertaining. Abundant natural light, thoughtfully selected finishes and the comprehensive renovation give the home a polished, cohesive feel. Outside, the property offers two distinct spaces for gathering and play. The expansive front yard is made for neighborhood life, with a large front porch where parents can relax while children play in the yard. In back, a newly enclosed yard with 6ft+ privacy fencing creates a more intimate outdoor retreat with raised stone planters, a patio for grilling and entertaining, and an open yard area. Lost Creek residents enjoy convenient access to parks, green spaces, trails, outdoor recreation and Westlake Country Club, while Loop 360 provides easy connectivity to downtown Austin, Barton Creek and Westlake shopping and dining. Eanes ISD schools: Forest Trail, West Ridge and Westlake High.
Lost Creek is the neighborhood where Forest Trail Elementary parents have been walking their kids to school along the same shaded sidewalks for over 40 years, and many of them grew up doing the exact same thing. That kind of generational continuity is rare in Austin, a city that has reinvented itself several times during Lost Creek's existence. The neighborhood has held steady through all of it.
Lost Creek sits between Loop 360 and Barton Creek, just south of Bee Caves Road in West Austin. Downtown is a straight 15-minute shot east on Bee Caves Road to MoPac. The Barton Creek Square area is about eight minutes east, and Bee Cave's commercial district is five minutes west. The location threads a needle that is hard to find elsewhere. You are close enough to everything urban but surrounded by enough topography and tree cover that the city feels distant.
Housing spans about four decades, with most original homes built between the late 1970s and early 1990s. Texas Traditional architecture accounts for roughly 35 percent, with brick and stone exteriors and pitched rooflines. Ranch-style homes make up about 25 percent, and Mediterranean and Hill Country Contemporary each represent about 15 percent. Lot sizes range from a third of an acre to over an acre, with mature oak and pecan canopy throughout. Pricing runs from the high $700s for smaller unrenovated homes to over $3 million for updated estates on premium lots. The median transaction for a four-bedroom in good condition falls between $1.2 million and $1.8 million.
Eanes ISD is the anchor. Forest Trail Elementary serves Lost Creek directly and carries a decades-long reputation as one of the strongest elementary campuses in Central Texas. Students feed into Hill Country Middle and Westlake High, which competes at the highest levels in academics and UIL activities. Westlake's college placement record is among the best in the state. The Eanes tax base funds facilities and staffing ratios that most districts cannot match.
Mornings start with joggers heading to the Barton Creek Greenbelt, accessible from multiple trailheads nearby. Lost Creek Trail connects to Sculpture Falls, one of the most popular swimming holes on Barton Creek. Twin Falls is another favorite via a moderate hike from the eastern edge. The country club anchors social life with golf, tennis, swimming, and a dining room that serves as informal community gathering spot. County Line on the Hill is a longtime barbecue institution at the neighborhood's edge. Laurel Restaurant brings refined American cooking. The Grove on West 6th is a quick drive for patio dining. Lee's Kitchen handles casual weeknight meals, and Bob's Steak and Chop House covers the steakhouse occasions.
Lost Creek sits between higher-profile neighbors and benefits from the comparison. Rob Roy and Westlake Highlands to the east carry higher prices and more visible luxury signaling. Bee Cave's newer master-planned communities to the west offer updated homes but lack the tree cover and character. Lost Creek offers Eanes ISD at a lower entry point than Barton Creek or Rob Roy, with more personality than production communities further west.
Lost Creek is right for families who prioritize Eanes ISD, greenbelt access, and a mature tree-covered setting over new construction and resort amenities. The daily rhythm is school drop-off, trail run, work, evening walk, repeat. If you want a neighborhood where kids walk to elementary school and you can hike to a swimming hole the same morning, Lost Creek makes that possible. It is not trying to impress anyone, which is precisely what makes it impressive to the people who understand what they are looking at.
School District: Eanes ISD
View Lost Creek neighborhood guide- Property Type
- Residential
- Year Built
- 1975
- Lot Size
- 0.32 acres
- Price / Sq Ft
- $569
- HOA
- $80/year
- Garage
- 2 spaces
Listing information last updated October 11, 2026.
Listed by Compass RE Texas, LLC
MLS# 5919876 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Coffered Ceiling(s)
- Ceiling-Vaulted
- Eat-in Kitchen
- Entrance Foyer
- Kitchen Island
- Multiple Living Areas
- Recessed Lighting
- Walk-In Closet(s)
- Dishwasher
- Microwave
- Double Oven
- Range
- Free-Standing Gas Range
- Stainless Steel Appliance(s)
- Washer
- Dryer Stacked
- Tankless Water Heater
- Carpet
- Tile
- Wood
- Heating
- Central,Natural Gas
- Cooling
- Central Air,Electric
- Fireplaces
- 1
Exterior & Lot
- Rain Gutters
- Lighting
- Private Yard
- Hardi
- Plank Type
- Stone
- Back Yard
- Curbs
- Front Yard
- Landscaped
- Public Maintained Road
- Sprinkler - Automatic
- Many Trees
- Back Yard
- Wood
- Slab
- Front Porch
- Rear Porch
- Roof
- Composition,Shingle
- Lot Size
- 0.32 Acres
- Attached
- Driveway
- Garage
- Garage Door Opener
- Garage Faces Side
- Garage Spaces
- 2
Financial
- HOA Fee
- $80 / year
- Original List Price
- $1,825,000
- Price per Sq Ft
- $569
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
2 records on file
Every recorded listing, sale, and lease at 2308 Cypress PT, whoever represented it.
- ActiveListed 2026Current price: $1,795,000Original list: $1,825,000MLS 5919876
- Listed · September 24, 2026$1,825,000
- Price changed · October 8, 2026$1,795,000
- SoldNovember 17, 2025Listed at: $1,615,000MLS 2217646
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
Price Change with current price, original ask, and market time.
- Current list
- $1,795,000
- Original list
- $1,825,000
- Price movement
- $30K reduction
- Listed / DOM
- Sep 24, 2026 · 21 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $999,184
- Assessment Year
- 2025
- Year Built
- 1975
- Parcel ID
- 000000108377
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-8.1% | — | $999,184 | — | — |
2024-8.4% | — | $1,087,242 | $575,000 | $460,999 |
2023+62.0% | — | $1,186,470 | $500,000 | $587,242 |
2022+8.1% | — | $732,524 | $500,000 | $686,470 |
2021 | — | $677,900 | $350,000 | $382,524 |
Zoned Schools
Westlake
West Ridge
Forest Trail
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 2026-10-15T14:22:05.572+00:00; normalized from annual dues.
20% ($359K)
Adjustable assumption - not a lending recommendation.
$1,795,000
Luxury property intelligence
Keenan Market Position
A sourced read on Lost Creek pricing, timing, and property scale. No automated valuation claim.
List price
$1,795,000
Price per sqft
$569/sqft
Vs. Neighborhood guide reference price
+27.3%
$1.4M · Lost Creek neighborhood guide · reference price
Days on market
21 days
Original to current
$30K reduction
$1.8M original
Active inventory context
13 listings
Price Position in Lost Creek
Listed 27% above the Lost Creek neighborhood guide reference price. Lost Creek neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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