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5 bed, 3 bath, 4,119 sqft in Lake Austin. Austin, TX 78746. Last listed at $2,695,000, sold June 11, 2019. Eanes ISD.
About This Home
Description available upon request.
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
- 2002
- Price / Sq Ft
- $654
Listed by MLS Member Office
MLS# 3382794 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Facts & Features
Exterior & Lot
- Waterfront
- Yes
Financial
- Original List Price
- $2,695,000
- Price per Sq Ft
- $654
Transaction History
3 records on file
Every recorded listing, sale, and lease at 3308 Rivercrest Dr, whoever represented it.
- SoldAugust 15, 2012Listed at: $1,700,000MLS 2338886
- WithdrawnListed 2009Asking rent: $4,500/moOriginal asking rent: $6,800/moMLS 4743182
- WithdrawnListed 2008Current price: $1,685,000Original list: $1,985,000MLS 5621843
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
Listing timeline with current price, original ask, and market time.
- Current list
- $2,695,000
- Original list
- $2,695,000
- Price movement
- No verified reduction
- Listed / DOM
- Not available
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,900,000
- Assessment Year
- 2025
- Year Built
- 2002
- Parcel ID
- 000000126882
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+7.0% | — | $1,900,000 | — | — |
2024-4.1% | — | $1,775,000 | $1,900,000 | — |
2023+1.9% | — | $1,850,000 | $1,169,800 | $605,200 |
2022+16.2% | — | $1,815,200 | $1,169,800 | $680,200 |
2021 | — | $1,562,457 | $584,900 | $1,230,300 |
Zoned Schools
Westlake
West Ridge
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.
20% ($539K)
Adjustable assumption - not a lending recommendation.
$2,695,000
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Keenan Market Position
A sourced read on Lake Austin pricing, timing, and property scale. No automated valuation claim.
List price
$2,695,000
Price per sqft
$654/sqft
Vs. Neighborhood guide reference price
-45.7%
$5M · Lake Austin neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$2.7M original
Active inventory context
30 listings
Price Position in Lake Austin
Listed 46% 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 Apr 25, 2026.
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Lake Austin Neighborhood Guide
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78746 ZIP Guide
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Eanes ISD Schools
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