
From the moment you arrive, this Lakeway Highlands retreat feels like a private resort suspended above Lake Travis. Sunrise light pours across the water views, setting the tone for a home that blends elegance, comfort, and unforgettable lifestyle living.
Designed for those who want more than a home, this residence delivers a daily experience—soaring ceilings, expansive open living spaces, and walls of glass that frame poolside and lake vistas like artwork. The chef’s kitchen becomes the heart of the home, where gathering feels effortless and every detail is built for both beauty and function.
The main-level primary suite offers a private escape with tranquil water views and a spa-inspired bath. A flexible secondary suite provides ideal comfort for guests or multigenerational living, offering privacy without compromise.
Evenings unfold in a dedicated media room or spill outdoors where resort-style living takes over—sparkling pool and spa, covered lounge areas, outdoor kitchen elements, fire feature, built-in sound, and spaces designed for entertaining under Texas skies.
Fresh updates in 2025 bring a crisp, modern feel throughout, making this home truly move-in ready. A 3-car garage with epoxy flooring, EV charging, and thoughtful upgrades throughout complete the package.
Located in one of Lake Travis’ most sought-after enclaves, you’re minutes from marinas, golf, Hill Country Galleria, dining, trails, and easy access to downtown Austin and ABIA—yet it feels like a world apart.? Recent lender-ordered appraisal valued the property at $1,025,000. Appraisal available for buyer review.
Property Type
Residential
Year Built
2020
Lot Size
0.22 acres
$/Sq Ft
$302
HOA
$94.72/mo
Garage
3 spaces
Pool
Yes
Listed by eXp Realty, LLC
Verified property facts
402 San Donato DR is listed at $972,500 with 4 bedrooms, 3 full, 1 half bathrooms, 3,222 square feet, 0.22-acre lot. This places it above the 78738 median of $856,000.
402 San Donato DR is zoned for Lake Travis ISD with assigned schools: Serene Hills (elementary), Lake Travis (middle), Lake Travis (high). School assignments should be verified directly with the district.
402 San Donato DR is a Residential built in 2020 featuring 4 bedrooms, 3 full, 1 half bathrooms, 3,222 square feet, 0.22-acre lot.
402 San Donato 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 402 San Donato DR is $17,142. 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
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 |
|---|---|---|---|---|
2025-16.8% | — | $769,201 | — | — |
2024+6.3% | — | $924,100 | $202,500 | $686,596 |
2023+45.5% | — | $869,493 | $202,500 | $721,600 |
2022+497.6% | — | $597,650 | $200,000 | $669,493 |
2021 | — | $100,000 | $100,000 | $497,650 |

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% ($195K)
$972,500
Luxury property intelligence
A sourced read on Lakeway Highlands Ph 2 Sec 4 pricing, timing, and property scale. No automated valuation claim.
List price
$972,500
Price per sqft
$302/sqft
Vs. Lakeway Highlands Ph 2 Sec 4 median
Not available
Days on market
80 days
Original to current
$52.5K reduction
$1M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 25, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($194,500) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 402 San Donato DR is around $6,475 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $972,500, 402 San Donato DR is in the Lakeway Highlands Ph 2 Sec 4 market where there are currently 230 active listings in 78738. The Keenan Group has completed 19 transactions in 78738 as part of 1,000+ career sales totaling $1B+ across Austin.
402 San Donato DR was built in 2020, making it 6 years old with relatively recent construction.
402 San Donato DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
402 San Donato DR is part of a managed community with HOA dues of $95 monthly. 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.
Car-Dependent
N/A
N/A
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
10 events on record
Current Price
$972,500
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-16.8% | — | $769,201 | — | — |
2024+6.3% | — | $924,100 | $202,500 | $686,596 |
2023+45.5% | — | $869,493 | $202,500 | $721,600 |
2022+497.6% | — | $597,650 | $200,000 | $669,493 |
2021 | — | $100,000 | $100,000 | $497,650 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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