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$499,900
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What does it feel like when a home has everything — and looks the part too? Welcome to one of Austin's 78748 gems, where lush landscaping, soaring mature trees, and a line of crepe myrtles frame a set-back facade that turns heads before you ever step inside. And once you do — the magic only deepens. A grand entry with elegant archways and tall ceilings draws you into a bright, open world of comfort and sophistication. The versatile front room — with new LVP and a fresh light fixture — flexes as a formal dining room, private office, or third living space. Flow into the main living room, past a beautiful accent wall, into the open-concept kitchen and dining area that spills out to your shaded back porch and firepit. This is where life happens. The kitchen is the heartbeat of it all — rich wood cabinetry, oil-rubbed bronze hardware, high-level granite counters, a generous breakfast bar, stainless steel appliances, new stove, new dishwasher, gooseneck faucet, and recessed lighting. Stunning and functional in equal measure. A large utility room and a chic powder bath round out the main floor. Upstairs, discover another expansive living and flex space, plus two light-filled secondary bedrooms and a full bath. Through French doors awaits your primary suite — serene, spacious, and complete with a sitting area, walk-in closet, and a spa-like bath with garden tub, walk-in shower, double vanity, and rich wood cabinetry to match. New HVAC (2025). New fence. New carpet. New LVP. New toilets. Move-in ready doesn't begin to cover it. 3min walk to endless Mary Moore Seawright Park hike/bike trails and amenities. Walkable to Southpark Meadows shopping, dining, and more. Minutes from everywhere. This is the one everyone wishes they'd bought first.
Property Type
Residential
Year Built
2006
Lot Size
0.19 acres
$/Sq Ft
$193
HOA
$530/mo
Garage
2 spaces
Listed by Heart Of Austin Homes
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
328 Island Oak DR is listed at $499,900 with 3 bedrooms, 2 full, 1 half bathrooms, 2,593 square feet, 0.19-acre lot. This places it above the 78748 median of $423,000.
328 Island Oak DR is zoned for Austin ISD with assigned schools: Williams (6/10) (elementary), Paredes (2/10) (middle), Akins (6/10) (high). School assignments should be verified directly with the district.
328 Island Oak DR is a Residential built in 2006 featuring 3 bedrooms, 2 full, 1 half bathrooms, 2,593 square feet, 0.19-acre lot.
328 Island Oak DR 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 328 Island Oak DR is $8,856. 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
1 record on file
Every recorded sale and lease at 328 Island Oak DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Pending 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 |
|---|---|---|---|---|
2025-12.5% | — | $432,754 | — | — |
2024-19.6% | — | $494,657 | $100,000 | $401,589 |
2023+62.0% | — | $615,587 | $100,000 | $394,657 |
2022 | — | $379,992 | $100,000 | $515,587 |

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. Ratings from GreatSchools.org.
20% ($100K)
$499,900
Luxury property intelligence
A sourced read on Oak At Twin Creeks Sec 02 The pricing, timing, and property scale. No automated valuation claim.
List price
$499,900
Price per sqft
$193/sqft
Vs. Oak At Twin Creeks Sec 02 The median
Not available
Days on market
Not available
Original to current
$25.1K reduction
$525K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 5, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($99,980) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 328 Island Oak DR is around $3,332 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $499,900, 328 Island Oak DR is in the Oak At Twin Creeks Sec 02 The market where there are currently 139 active listings in 78748. The Keenan Group has completed 24 transactions in 78748 as part of 1,000+ career sales totaling $1B+ across Austin.
328 Island Oak DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
328 Island Oak DR is part of a managed community with HOA dues of $530 annually. 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.
9 events on record
Current Price
$499,900
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-12.5% | — | $432,754 | — | — |
2024-19.6% | — | $494,657 | $100,000 | $401,589 |
2023+62.0% | — | $615,587 | $100,000 | $394,657 |
2022 | — | $379,992 | $100,000 | $515,587 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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