2607 River Hills Rd Unit #G, Austin, TX 78733

~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 Lake 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.

Lake Austin is Austin's most exclusive waterfront corridor - 22 miles of constant-level shoreline in 78732, 15 minutes from downtown. Waterfront homes start around $4M and trophy lots with 200+ feet of flat shoreline trade at $15M-$35M+. The lake is controlled by Tom Miller Dam, which maintains consistent water levels year-round - the key advantage over seasonal Lake Travis.

This is one of Austin's thinnest markets. Roughly 22 miles of total shoreline, and at any given time only 3-5 homes are actively listed. Many of the best lots trade privately through agent relationships before they ever reach the MLS. The finite supply creates a structural price floor that insulates Lake Austin from broader market cycles.

Buyers here want water access as daily life, not a weekend plan. Morning paddleboard, afternoon ski run, burgers at Ski Shores by boat, sunset from your own dock watching Hill Country ridgelines. The practical side matters too: you are inside Austin city limits with full services, 15 minutes from downtown, 10 from the Domain.

Four Seasons Private Residences is under development on 145 acres with 188 planned homes - the first significant new inventory since the lake was established. Eanes ISD and Leander ISD serve different sections of the corridor, both with strong school ratings.