4 bed, 4 bath, 4,678 sqft on 0.42 acres in Lake Austin. Austin, TX 78746. $9,995,000. Eanes ISD.
About This Home
Set along the main body of Lake Austin in the highly sought-after Rivercrest neighborhood, 3104 Rivercrest offers an unparalleled waterfront lifestyle in coveted Eanes ISD. This high-end luxury home blends timeless Mediterranean architecture with refined and elegant finishes at every turn, creating both a sophisticated and warm environment. The property features a newly constructed boat dock with immediate deep water access, complimented by an oversized deck above the slips for hosting large gatherings while overlooking the lake. The ample on-site parking can accommodate up to 16 vehicles, offering every element needed for exceptional Lake Austin entertaining. Enjoy the benefits of recent disannexation from the City of Austin-offering significant tax savings, enhanced value and future potential for this premier waterfront property. Welcome to the real Riviera of Rivercrest-where days begin on the water and end with sunset views.
The view from 3104 Rivercrest Dr hits differently at golden hour. This 4,678-square-foot waterfront home sits directly on Lake Austin's main body in the Rivercrest neighborhood, where the sunset transforms the water into liquid gold and your deck becomes the most coveted gathering spot in Eanes ISD territory. The architecture-Mediterranean stucco with clean lines-recedes into the background the moment guests step onto the rear deck. What matters is what happens next.
The home's floor plan solves the fundamental problem of waterfront entertaining: the kitchen, bar, and dining areas flow seamlessly toward the outside. Stone counters and stainless steel appliances line the open kitchen. The island anchors the space. But the real design move is how the architecture doesn't fight the view-it frames it. From the moment the first guests arrive around 5 PM, the light begins its daily shift. The covered rear porch extends the entertaining square footage. An oversized deck hovers above the water, providing sight lines across Lake Austin without obstruction.
The boat dock isn't an afterthought. It's newly constructed with deep water access and a private boat lift, connected to the main deck so the transition from land to water feels intentional. On weekends when the light softens, this is where the real party unfolds-people move from the kitchen to the bar to the deck to the dock, a natural flow that creates the kind of evening that gets remembered.
Rivercrest itself sits northwest of downtown Austin, anchored by Eanes ISD schools including Bridge Point Elementary, Hill Country Middle, and Westlake High School. The neighborhood's 0.4209-acre lots are generous by urban standards, and this property maximizes that space. The three-car garage handles vehicle parking, but the property's layout accommodates up to 16 vehicles total-an unusual detail that matters if you host the kind of gatherings that define a lake house.
Built in 2011, the home carries cathedral ceilings, walk-in closets, and the kind of built-in features that expensive homes use to solve practical problems. Primary bedroom on the main floor. Five full bathrooms. Automatic sprinklers. A trash compactor. These details disappear into the background until you need them.
The price-$11.99 million, or $2,564 per square foot-reflects not just the waterfront location but the view's permanence. Lake Austin doesn't get narrower or less beautiful. The Rivercrest neighborhood doesn't lose its edge. The sunset happens every single night. This is where the best evenings of your year actually happen.
The numbers behind this insight
- Offered at
- $9,995,000
- Listed
- May 1, 2026
- Price changes
- 2, down 16.7% from $11,995,000
- Asking price per sq ft
- $2,137
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: $5M-$10M single-family homes across the Austin area sold at a median $990 per sq ft over the trailing 12 months (44 sales), as of November 3, 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
- 2011
- Lot Size
- 0.42 acres
- Price / Sq Ft
- $2,137
- Garage
- 3 spaces
Listing information last updated November 3, 2026.
Listed by Compass RE Texas, LLC
MLS# 5177972 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bar
- Built-in Features
- Ceiling Fan(s)
- Cathedral Ceiling(s)
- Stone Counters
- Eat-in Kitchen
- Interior Steps
- Kitchen Island
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Walk-In Closet(s)
- Built-In Electric Oven
- Built-In Electric Range
- Built-In Refrigerator
- Dishwasher
- Disposal
- Microwave
- Stainless Steel Appliance(s)
- Warming Drawer
- Carpet
- Stone
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Boat Dock - Private
- Boat Lift
- Stucco
- Back Yard
- Front Yard
- Landscaped
- Level
- Sprinkler - Automatic
- Trees-Large (Over 40 Ft)
- Wrought Iron
- Slab
- Covered
- Rear Porch
- Roof
- Tile
- Lot Size
- 0.42 Acres
- Additional Parking
- Attached
- Driveway
- Garage
- Guest
- Garage Spaces
- 3
- Lake Front
- Waterfront
Financial
- Original List Price
- $11,995,000
- Price per Sq Ft
- $2,137
Utilities
- Cable Connected
- Electricity Connected
- Water Source
- Private
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 3104 Rivercrest DR, whoever represented it.
- ActiveListed 2026Current price: $9,995,000Original list: $11,995,000MLS 5177972
- Listed · May 1, 2026$11,995,000
- Price changed · June 21, 2026$10,995,000
- Price changed · August 28, 2026$9,995,000
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
Price Change with current price, original ask, and market time.
- Current list
- $9,995,000
- Original list
- $11,995,000
- Price movement
- $2M reduction
- Listed / DOM
- May 1, 2026 · 187 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $5,750,000
- Assessment Year
- 2025
- Year Built
- 2010
- Parcel ID
- 000000126892
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+29.9% | — | $5,750,000 | — | — |
2024-8.2% | — | $4,426,480 | $4,464,450 | $1,480,866 |
2023+12.9% | — | $4,823,375 | $2,002,000 | $2,424,480 |
2022 | — | $4,272,257 | $2,002,000 | $2,821,375 |
Virtual Tour

Zoned Schools
Westlake
Hill Country
Bridge Point
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% ($2.0M)
Adjustable assumption - not a lending recommendation.
Home price
$9,995,000
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
$9,995,000
Price per sqft
$2,137/sqft
Vs. Neighborhood guide reference price
+97.9%
$5.1M · Lake Austin neighborhood guide · reference price
Days on market
187 days
Original to current
$2M reduction
$12M original
Active inventory context
31 listings
Price Position in Lake Austin
Listed 98% above the Lake Austin neighborhood guide reference price. Lake Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Nov 3, 2026.
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