1 bed, 1 bath, 751 sqft on 2.04 acres in Austin. Austin, TX 78733. $4,999,000. Eanes ISD.
~1.5M PRICE REDUCTION FROM ORIGINAL LIST PRICE! Fantastic waterfront opportunity set on 2.04 acres on Lake Austin. Enjoy the waterfrontage and private views looking out across the lush rolling hills of Emma Long Park. Equidistant to Westlake and Bee Caves, you will have access to all the shopping, dining and entertainment you could want. The level property hosts a modern lakeside bungalow, private boat dock, party deck and comes with two sets of plans to construct a spectacular main residence. The Ryan Street Architects designed lake cabin is a showpiece on its own, with a wall of steel-framed windows opening up to the water. A huge, two-level shaded deck is cantilevered out over a boat dock and the water. The sleek, modern lake cabin features polished concrete floors, shiplap ceiling accents and fresh white walls so the focus is on the view. The kitchen is a perfect space to whip up waterside snacks or an elegant alfresco dinner on the patio off the living room. The cabin also includes a large, secured storage space under the dwelling. Two sets of Ryan Street Architect plans (one permitted, one previously permitted) are a perfect starting place to create your dream home and save months in development time. See plan options in the “MORE INFO” tab, or inquire for details. One set of the plans and renderings are not fully permitted by the City of Austin. All parties should independently verify planning and building specifics with the appropriate agencies. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.
A 2.04-acre Lake Austin waterfront tract at $5.00 million is hard to find in Austin, and 2607 River Hills Rd Unit #G pairs that land value with an existing residence, dock access, and direct water orientation across from Emma Long Metropolitan Park. In Austin, 2607 River Hills Rd Unit #G is a residential single family residence priced at $6,656 per square foot, with 751 square feet, 1 bedroom, 1 bath, and a 2005 build that gives buyers immediate use while they plan what comes next.
This address in Austin, TX 78733 works best for a buyer who understands that the headline here is the site. The home is compact, but the setting is not. You get a level 2.04-acre footprint on Lake Austin, open views toward Emma Long Metropolitan Park, and waterfront living that is difficult to replicate this close to both Westlake and the Bee Cave corridor. River Hills Road puts you in a quiet pocket of western Travis County while keeping daily access practical. In normal traffic, Westlake Village is roughly 15 minutes away and Bee Cave Road shopping and dining are in a similar range, which matters if you want lake privacy without giving up routine convenience.
For families focused on schools, the property is in Eanes ISD, one of the most closely watched districts in Central Texas. Zoned schools include Barton Creek Elementary, West Ridge Middle School, and Westlake High School. That district alignment adds a second layer of demand beyond the waterfront itself. Buyers in this part of the market tend to track both land scarcity and school stability, and this address checks both boxes.
The current house includes two fireplaces and the kind of scale that suits weekend use, guest overflow, or a placeholder while a larger plan is evaluated. With 148 days on market, the listing has had time to surface clearly to serious buyers, and the pricing tells you this is not being sold as a typical 1 bed, 1 bath home. It is being sold as a Lake Austin position with real utility on day one and long-term upside tied to frontage, acreage, and Eanes ISD demand. For the right buyer, that combination can translate into years of lake use now and stronger estate value later.
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $734 per sq ft over the trailing 12 months (181 sales), as of October 15, 2026.
Verified property facts
2607 River Hills Rd Unit #G is listed at $4,999,000 with 1 bedrooms, 1 full bathrooms, 751 square feet, 2.04-acre lot. This places it above the ZIP 78733 single-family closed-sale median price of $1,352,500 (ZIP 78733 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).
2607 River Hills Rd Unit #G is zoned for Eanes ISD with assigned schools: Barton Creek (elementary), West Ridge (middle), Westlake (high). School assignments should be verified directly with the district.
2607 River Hills Rd Unit #G is a Residential built in 2005 featuring 1 bedrooms, 1 full bathrooms, 751 square feet, 2.04-acre lot.
2607 River Hills Rd Unit #G is priced at $6,656 per square foot across 751 sqft.
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Listing information last updated August 10, 2026.
Listed by Moreland Properties
MLS# 2142029 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
2 records on file
Every recorded listing, sale, and lease at 2607 River Hills RD Unit #G, 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+54.2% | — | $2,747,979 | — | — |
2024-4.1% | — | $1,782,598 | $414,072 | — |
2023+222.9% | — | $1,859,497 | $216,000 | — |
2022+21.9% | — | $575,930 | $216,000 | — |
2021 | — | $472,633 | $466,870 | $109,060 |

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% ($1000K)
Adjustable assumption - not a lending recommendation.
$4,999,000
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List price
$4,999,000
Price per sqft
$6,656/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
377 days
Original to current
$401K reduction
$5.4M 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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The most recent annual property tax for 2607 River Hills Rd Unit #G is $43,581. 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.
This page does not assume a mortgage rate or publish a monthly payment for 2607 River Hills Rd Unit #G. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 15, 2026, 2607 River Hills Rd Unit #G is offered at $4,999,000. The current MLS snapshot shows 23 active listings in 78733. Keenan Group has completed 6 verified transactions in 78733 within its 1,000+ completed transactions and $1B+ career volume across Austin.
The MLS listing marks 2607 River Hills Rd Unit #G as waterfront. The reported waterfront feature is Lake Front, River Front, Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Homes sold by Keenan Group.
7 events on record
Current Price
$4,999,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+54.2% | — | $2,747,979 | — | — |
2024-4.1% | — | $1,782,598 | $414,072 | — |
2023+222.9% | — | $1,859,497 | $216,000 | — |
2022+21.9% | — | $575,930 | $216,000 | — |
2021 | — | $472,633 | $466,870 | $109,060 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 9001 Camelback Dr | $3.50M |
Car-Dependent
No Nearby Transit
Somewhat Bikeable
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