
Beautiful Home in the Greenshores on Lake Austin community. The main home offers 4 bedrooms, 4 full baths, and a dedicated office, PLUS A PRIVATE DETACHED GUEST HOUSE with its own bedroom, living room, kitchen, and full bathroom perfect for private guest accommodations. Inside, you'll find soaring ceilings with exposed wood beams, hand-scraped hardwood floors, custom built-ins, and elegant architectural details throughout. The chefs kitchen features a massive granite island, high-end finishes, and seamless flow into the main living spaces.
The home opens to a resort-style backyard with pool, spa, and cascading waterfalls, all framed by a covered loggia ideal for relaxing or entertaining. The guest house offers direct access to this private outdoor retreat. Additional highlights: include multiple living areas and an extended-depth garage ideal for boat storage. Residents of Greenshores on Lake Austin have exclusive access to a gated, members-only waterfront park on Lake Austin featuring a private boat ramp, day docks, sun and picnic deck, sand volleyball court, and playground.
Property Type
Residential
Year Built
2007
Lot Size
0.45 acres
$/Sq Ft
$404
HOA
$2000/mo
Garage
4 spaces
Pool
Yes
Listed by Cornerstone Partners Realty
Verified property facts
3804 Pappys WAY is listed at $2,095,000 with 5 bedrooms, 5 full bathrooms, 5,185 square feet, 0.45-acre lot. This places it above the 78730 median of $1,325,000.
3804 Pappys WAY is zoned for Austin ISD with assigned schools: Highland Park (10/10) (elementary), Lamar (Austin ISD) (middle), McCallum (8/10) (high). School assignments should be verified directly with the district.
3804 Pappys WAY is in Lake Austin, Austin, Texas. See the full [Lake Austin neighborhood guide](/neighborhoods/lake-austin) for market data, schools, and lifestyle details.
3804 Pappys WAY is a Residential built in 2007 featuring 5 bedrooms, 5 full bathrooms, 5,185 square feet, 0.45-acre lot.
3804 Pappys WAY 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Price Change 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 |
|---|---|---|---|---|
2025-32.3% | — | $1,589,824 | — | — |
2024+13.4% | — | $2,350,000 | $475,000 | $1,238,476 |
2023+29.5% | — | $2,072,767 | $500,000 | $1,850,000 |
2022+38.9% | — | $1,600,000 | $500,000 | $1,572,767 |
2021 | — | $1,152,133 | $150,000 | $1,450,000 |

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% ($419K)
$2,095,000
Luxury property intelligence
A sourced read on Lake Austin pricing, timing, and property scale. No automated valuation claim.
List price
$2,095,000
Price per sqft
$404/sqft
Vs. Lake Austin median
-61.2%
$5.4M median
Days on market
81 days
Original to current
$100K reduction
$2.2M original
Active inventory context
3 listings
Price Position in Lake Austin
Listed 61% below the Lake Austin median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 14, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
3804 Pappys WAY is priced at $404 per square foot across 5,185 sqft. The Lake Austin median list price is $5,400,000.
The most recent annual property tax for 3804 Pappys WAY is $24,627. 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.
With 20% down ($419,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 3804 Pappys WAY is around $12,923 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $2,095,000, 3804 Pappys WAY is in the Lake Austin market where there are currently 45 active listings in 78730. The Keenan Group has completed 16 transactions in 78730 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Lake Austin guide](/neighborhoods/lake-austin).
3804 Pappys WAY includes verified waterfront access: Lake Privileges. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
3804 Pappys WAY is part of a managed community with HOA dues of $2,000 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.
Lake Austin is one of Austin's established neighborhoods, zoned for Austin ISD in the 78730 area. The Keenan Group has specialized in Lake Austin real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
9 events on record
Current Price
$2,095,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-32.3% | — | $1,589,824 | — | — |
2024+13.4% | — | $2,350,000 | $475,000 | $1,238,476 |
2023+29.5% | — | $2,072,767 | $500,000 | $1,850,000 |
2022+38.9% | — | $1,600,000 | $500,000 | $1,572,767 |
2021 | — | $1,152,133 | $150,000 | $1,450,000 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Greenshores On Lake Austin
Neighborhood guide and local insights
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.
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