3 bed, 2 bath, 2,426 sqft on 0.69 acres in Lake Austin. Austin, TX 78734. $4,195,000. Lake Travis ISD.
About This Home
Nestled along the shores of Lake Austin and surrounded by nature preserves, this furnished classic 3-bedroom, 2-bath lake house offers the ultimate in privacy and waterfront living. Set on almost 3/4 of an acre and 100' of waterfront, the completely updated home features warm, timeless character anchored by a cozy fireplace. Outdoor living is where this property truly shines. Expansive decks offer breathtaking lake views, and a new two-story boat dock with a 10,000 lb lift is ready for your new boat! The oversized garage fits multiple vehicles, a full-size RV, and doubles as a workshop. Seller also has a set of plans for new construction 90% complete. Broker Owner. Sold fully furnished and truly turnkey — just bring yourself and enjoy Lake Austin from day one!
The moment you turn onto Lago Verde Road in Rio Vista, Austin's suburban pulse fades behind you. This 303 Lago Verde residence sits on 0.6884 acres of waterfront property along Lake Austin with 100 feet of direct water access, offering the kind of privacy that requires distance but delivers proximity to everything that matters. You're in Lake Travis ISD territory, with Lake Travis Elementary, Hudson Bend Middle, and Lake Travis High School serving the area, yet the property itself feels removed from routine.
The home was built in 1963 and updated to modern standards, a 2,426 square foot single-family residence with three bedrooms, three full baths, and two half baths. The floor plan moves naturally with an open design, vaulted ceilings, and the primary bedroom anchored on the main level. Energy Star qualified appliances throughout, including the dishwasher and refrigerator, handle the practical work quietly. A smart thermostat manages climate without thought. Wood and tile flooring transitions between spaces, while ceiling fans move air gently through the home.
The real estate here is the water. A private boat dock with a 10,000 pound lift extends into Lake Austin, ready for a boat of genuine size. Wraparound decks frame the property, positioning you to watch morning light hit the water and settle into evening views without stepping foot off your own boards. Interior sight lines deliberately frame these views. The lot is fully sprinklered with an automatic system that maintains the landscape without intervention.
Supporting this lifestyle is a six-car garage that functions as more than parking. The oversized space accommodates vehicles, an RV, and serves workshop purposes for someone who needs to tinker or create. The home comes fully furnished and turnkey, meaning the transition from showing to living happens on your schedule.
At $4.20 million, the property values out to $1,729 per square foot. The Travis County location keeps you within reasonable driving distance to downtown Austin via Bee Caves Road, while anchoring you in the Hill Country's quieter rhythm. This isn't a seasonal retreat. It's a permanent address for someone seeking daily waterfront living without sacrificing access to the city's professional and cultural infrastructure. Lake Austin from your dock. Austin from your car.
The numbers behind this insight
- Offered at
- $4,195,000
- Listed
- June 10, 2026
- Asking price per sq ft
- $1,729
Lake Austin market
- Homes sold
- 15
- Median sale price
- $5,050,000
- Median price per sq ft
- $1,173
- Homes for sale now
- 21
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $732 per sq ft over the trailing 12 months (178 sales), as of November 4, 2026.
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.
- Property Type
- Residential
- Year Built
- 1963
- Lot Size
- 0.69 acres
- Price / Sq Ft
- $1,729
- Garage
- 6 spaces
Listing information last updated October 26, 2026.
Listed by EXP Marketing Group
MLS# 8838686 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- Ceiling-Vaulted
- Double Vanity
- No Interior Steps
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Smart Thermostat
- ENERGY STAR Qualified Appliances
- ENERGY STAR Qualified Dishwasher
- ENERGY STAR Qualified Refrigerator
- Microwave
- Free-Standing Electric Range
- Stainless Steel Appliance(s)
- Tile
- Wood
- Heating
- Central,Heat Pump
- Cooling
- Ceiling Fan(s),Central Air,Electric,Heat Pump
- Fireplaces
- 2
Exterior & Lot
- Boat Dock - Private
- Boat Lift
- Hardi
- Plank Type
- Interior Lot
- Sprinkler - Automatic
- Chain Link
- Wrought Iron
- Slab
- Deck
- Wrap Around
- Roof
- Metal
- Lot Size
- 0.69 Acres
- Detached
- Drive Through
- Gated
- Gravel
- RV Access
- Parking
- Garage Spaces
- 6
- Lake Front
- Waterfront
Financial
- Original List Price
- $4,195,000
- Price per Sq Ft
- $1,729
Utilities
- High Speed Internet
- Natural Gas Not Available
- Sewer Not Available
- Water Source
- Well
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 303 Lago Verde RD, whoever represented it.
- ActiveListed 2026Current price: $4,195,000Original list: $4,195,000MLS 8838686
- Listed · June 10, 2026$4,195,000
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
Listed with current price, original ask, and market time.
- Current list
- $4,195,000
- Original list
- $4,195,000
- Price movement
- No verified reduction
- Listed / DOM
- Jun 10, 2026 · 147 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,615,616
- Assessment Year
- 2025
- Year Built
- 1963
- Parcel ID
- 000000134507
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-21.2% | — | $1,615,616 | — | — |
2024+1.8% | — | $2,049,073 | $112,291 | — |
2023+25.3% | — | $2,012,298 | $109,760 | — |
2022+3.2% | — | $1,606,537 | $109,760 | — |
2021 | — | $1,556,750 | $1,029,000 | $577,537 |
Zoned Schools & District Context
Lake Travis
Hudson Bend
Lake Pointe Elementary
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.
Illustrative down payment
20% ($839K)
Adjustable assumption - not a lending recommendation.
Home price
$4,195,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Lake Austin pricing, timing, and property scale. No automated valuation claim.
List price
$4,195,000
Price per sqft
$1,729/sqft
Vs. Neighborhood guide reference price
-16.9%
$5.1M · Lake Austin neighborhood guide · reference price
Days on market
147 days
Original to current
No verified reduction
$4.2M original
Active inventory context
31 listings
Price Position in Lake Austin
Listed 17% below the Lake Austin neighborhood guide reference price. Lake Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 26, 2026.
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