
3 bed, 2 bath, 2,143 sqft on 0.12 acres in Preston Park Sec 1, Raceway. Austin, TX 78728. $483,000. Round Rock ISD.
Rare Austin “unicorn” home with a 1.62% tax rate, Round Rock ISD schools, and a private backyard backing to a greenbelt! Located in the City of Austin, this move-in-ready home offers a combination of location, schools, low taxes, upgrades, and privacy that is difficult to find.
The light and bright open floor plan features beautiful kitchen upgrades, including stainless steel appliances, a gourmet island, and 42-inch cabinets. The kitchen opens to the main living area, creating an ideal space for everyday living and entertaining. The first floor also includes a dedicated office.
Upstairs, you’ll find a spacious second living area and three generous bedrooms. The primary suite features dual vanities and two large walk-in closets. A standout feature is the private balcony overlooking the greenbelt, providing a peaceful outdoor retreat and a beautiful view.
The backyard is designed for enjoying the outdoors, with a private greenbelt setting and stone patio that provides an ideal space for relaxing, dining, and entertaining. The combination of the upgraded interior and attractive outdoor living space gives this home a distinctive, comfortable feel.
For buyers searching for an Austin home with Round Rock ISD schools and a low tax rate, this property offers an especially compelling combination. The 1.62% tax rate is a major feature for buyers comparing the overall cost of homeownership among Austin-area properties.
Conveniently located near I-35 and SH 45, the home provides easy access to shopping, restaurants, medical facilities, and major transportation routes. The location offers the convenience of Austin while providing access to highly sought-after Round Rock ISD schools.
If you're searching for an Austin home with Round Rock ISD, a 1.62% tax rate, a greenbelt backyard, private balcony, upgraded kitchen, and convenient location, this home is worth seeing.
Verified property facts
3121 Lions Tail ST is listed at $483,000 with 3 bedrooms, 2 full, 1 half bathrooms, 2,143 square feet, 0.12-acre lot. This places it above the ZIP 78728 single-family closed-sale median price of $415,000 (ZIP 78728 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 25, 2026).
3121 Lions Tail ST is zoned for Round Rock ISD with assigned schools: Joe Lee Johnson (elementary), Deerpark (middle), McNeil (high). School assignments should be verified directly with the district.
3121 Lions Tail ST is a Residential built in 2018 featuring 3 bedrooms, 2 full, 1 half bathrooms, 2,143 square feet, 0.12-acre lot.
3121 Lions Tail ST is listed by Kopa Real Estate. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 25, 2026.
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1 record on file
Every recorded listing, sale, and lease at 3121 Lions Tail ST, 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 |
|---|---|---|---|---|
2025-20.6% | — | $444,587 | — | — |
2024-10.8% | — | $560,000 | $75,000 | $446,060 |
2023+57.7% | — | $627,587 | $75,000 | $485,000 |
2022 | — | $397,954 | $75,000 | $552,587 |

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.
20% ($97K)
Adjustable assumption - not a lending recommendation.
$483,000
Luxury property intelligence
A sourced read on Preston Park Sec 1, Raceway pricing, timing, and property scale. No automated valuation claim.
List price
$483,000
Price per sqft
$225/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
0 days
Original to current
No verified reduction
$483K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 25, 2026.
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The most recent annual property tax for 3121 Lions Tail ST is $3,316. 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 3121 Lions Tail ST. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 25, 2026, 3121 Lions Tail ST is offered at $483,000. The current MLS snapshot shows 38 active listings in 78728. Keenan Group has completed 4 verified transactions in 78728 within its 1,000+ completed transactions and $1B+ career volume across Austin.
3121 Lions Tail ST was built in 2018, making it 8 years old with relatively recent construction.
The MLS listing reports HOA or association dues of $125 quarterly for 3121 Lions Tail ST. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
6 events on record
Current Price
$483,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-20.6% | — | $444,587 | — | — |
2024-10.8% | — | $560,000 | $75,000 | $446,060 |
2023+57.7% | — | $627,587 | $75,000 | $485,000 |
2022 | — | $397,954 | $75,000 | $552,587 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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