
BRAND-NEW MOVE-IN-READY home NEVER LIVED IN located in the sought-after Headwaters community. HILLTOP with incredible HILL COUNTRY VIEWS. One of 12 houses in the EXCLUSIVE HILLTOP enclave of Headwaters offering incredible Hill COUNTRY VIEWS, on a large 0.35 AC lot large enough for a POOL! This stunning luxury home features include a chef's kitchen with an oversized island, quartz countertops, Siltstone sink & stainless appliances. Wood floors though out the main floor & staircase, 12’ beamed ceilings in family room, w/ 16’ FULL GLASS SLIDERS opening to the oversized 12’ ceiling back patio giving this a true indoor/outdoor experience. The main level provides an owner's retreat also w/ 12’ ceilings, owner bath w/ quartz countertops, walk-in shower w/ beautiful Carrara marble though out, freestanding tub & huge walk-in closet. Your guests will enjoy a very private second bedroom & bath DOWNSTAIRS, & second dining room, game room/office-your choice of use. Upstairs there are three additional bedrooms & two baths, game room & wired media room. The home sits on over 1/3 acre & offers a 3-car front loaded garage. Owners paid $305k in lot premium alone and large enough for a pool site!!! This home is one of the largest floor plans and on the best lot in Headwaters w/sweeping VIEWS from every window. Enjoy waking up to the sunrise over the hills beaming into the kitchen, dining, family room and owners suite. Home includes over $150k well thought out design upgrade options. Brand new furniture is negotiable. Miles of nature hiking/biking trails, an amenity center, playground, infinity edge resort-style pool, splash pad, gym/work out center and much more. Exemplary award- winning & top-ranking Dripping Springs ISD. Just 25 minutes west of Austin with quick access to 290, shopping and restaurants less than 2 miles.
Property Type
Residential
Year Built
2022
Lot Size
0.35 acres
$/Sq Ft
$260
HOA
$372/mo
Garage
3 spaces
Listed by Coldwell Banker Realty
Verified property facts
298 Smoke Tree CIR is listed at $1,169,700 with 5 bedrooms, 4 full, 1 half bathrooms, 4,501 square feet, 0.35-acre lot. This places it above the 78620 median of $867,000.
298 Smoke Tree CIR is zoned for Dripping Springs ISD with assigned schools: Dripping Springs (6/10) (elementary), Dripping Springs Middle (middle), Dripping Springs (8/10) (high). School assignments should be verified directly with the district.
298 Smoke Tree CIR is a Residential built in 2022 featuring 5 bedrooms, 4 full, 1 half bathrooms, 4,501 square feet, 0.35-acre lot.
298 Smoke Tree CIR 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 298 Smoke Tree CIR is $2,025. 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
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Price Change 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 | — | $971,400 | $158,420 | $812,980 |
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% ($234K)
$1,169,700
Luxury property intelligence
A sourced read on Headwaters At Barton Creek Ph 2 pricing, timing, and property scale. No automated valuation claim.
List price
$1,169,700
Price per sqft
$260/sqft
Vs. Headwaters At Barton Creek Ph 2 median
Not available
Days on market
466 days
Original to current
$110K reduction
$1.3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 1, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($233,940) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 298 Smoke Tree CIR is around $6,238 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,169,700, 298 Smoke Tree CIR is in the Headwaters At Barton Creek Ph 2 market where there are currently 230 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
298 Smoke Tree CIR was built in 2022, making it 4 years old with relatively recent construction.
298 Smoke Tree CIR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
298 Smoke Tree CIR is part of a managed community with HOA dues of $372 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.
8 events on record
Current Price
$1,169,700
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $971,400 | $158,420 | $812,980 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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