
Tucked behind the gates of Key Ranch, this extraordinary Mission Revival estate offers over four acres of privacy, timeless architecture, and thoughtfully designed Hill Country living. Blending old-world character with modern functionality, the property is as beautiful as it is practical. The single-story main residence spans more than 4,100 square feet and features five bedrooms, four full baths, and two powder baths. A stunning courtyard sets the tone, welcoming you into interiors filled with natural light, soaring ceilings, and carefully curated details throughout. Designed for both everyday living and effortless entertaining, the chef’s kitchen is anchored by striking Macaubas quartzite countertops and outfitted with a professional-grade appliance package, including a 48-inch range, double ovens, and a built-in espresso station. The approximately 1,600-square-foot detached guest house provides exceptional flexibility with its own kitchen, living area, bedroom, full bath, and laundry—ideal for guests, multigenerational living, long-term stays, or a private retreat. Outside, resort-style amenities include a lap pool and spa, turfed backyard, dedicated dog wash station, and a three-car garage. Designed with sustainability in mind, the property features a 64,000-gallon rainwater collection system for household use, a private well dedicated to irrigation, and whole-house generators for year-round peace of mind. More than just a home, this is a legacy property where distinctive architecture, modern conveniences, and the natural beauty of the Texas Hill Country come together in one unforgettable setting.
Property Type
Residential
Year Built
2018
Lot Size
4.23 acres
$/Sq Ft
$557
HOA
$1000/mo
Garage
3 spaces
Pool
Yes
Listed by Compass RE Texas, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
242 Winning Colors is listed at $3,199,000 with 6 bedrooms, 5 full, 2 half bathrooms, 5,741 square feet, 4.23-acre lot. This places it above the 78737 median of $862,990.
242 Winning Colors is zoned for Dripping Springs ISD with assigned schools: Sycamore Springs (elementary), Sycamore Springs (middle), Dripping Springs (high). School assignments should be verified directly with the district.
242 Winning Colors is a Residential built in 2018 featuring 6 bedrooms, 5 full, 2 half bathrooms, 5,741 square feet, 4.23-acre lot.
242 Winning Colors 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.
With 20% down ($639,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 242 Winning Colors is around $22,464 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
3 records on file
Every recorded sale and lease at 242 Winning Colors, 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.
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. Ratings from GreatSchools.org.
20% ($640K)
$3,199,000
Luxury property intelligence
A sourced read on Key Ranch At The Polo Club pricing, timing, and property scale. No automated valuation claim.
List price
$3,199,000
Price per sqft
$557/sqft
Vs. Key Ranch At The Polo Club median
Not available
Days on market
51 days
Original to current
No verified reduction
$3.2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 16, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $3,199,000, 242 Winning Colors is in the Key Ranch At The Polo Club market where there are currently 114 active listings in 78737. The Keenan Group has completed 16 transactions in 78737 as part of 1,000+ career sales totaling $1B+ across Austin.
242 Winning Colors was built in 2018, making it 8 years old with relatively recent construction.
242 Winning Colors includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
242 Winning Colors sits on a 4.23-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
242 Winning Colors is part of a managed community with HOA dues of $1,000 annually. 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.
5 events on record
Current Price
$3,199,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
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Recent sales for market context