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Keenan Group#1 Austin Board of Realtors Team 2024

$650,000

3Beds
2Baths
1,997Sq Ft
0.13 acresLot

408 SAILMASTER St Unit #B, Lakeway, TX 78734

Lakeway·MLS# 4403783·Built 2007·28 days on market

3 bed, 2 bath, 1,997 sqft on 0.13 acres in Lakeway. Lakeway, TX 78734. $650,000. Lake Travis ISD.

About This Home

Exquisite private townhome nestled in the heart of Lakeway, backing to Hurst Creek and the Hamilton Greenbelt Trail. From the moment you step inside, a dramatic wall of windows draws your eyes to the lush greenbelt beyond, creating an immediate sense of peace, privacy, and tranquility.

Impeccably designed with soaring 12-foot ceilings and an airy, open floor plan, the home flows effortlessly from one space to the next—much like the creek that borders this special property. Just under 2,000 square feet, this beautifully appointed home offers 3 bedrooms, 2 bathrooms, and a spacious 2-car garage, along with a large private front courtyard and an expansive back porch overlooking nature.

Whether you're enjoying your morning coffee, entertaining friends, or simply unwinding at the end of the day, this home offers a rare opportunity to live surrounded by the beauty and serenity of the Hill Country while remaining conveniently located in the heart of Lakeway.

Unit A is also available for purchase, offering an incredible opportunity to create a unique multi-generational living arrangement or an exceptional investment compound.

Property Type
Residential
Year Built
2007
Lot Size
0.13 acres
Price / Sq Ft
$325
Garage
2 spaces

Listing information last updated September 21, 2026.

Listed by All City Real Estate Ltd. Co

MLS# 4403783 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

2-car garage with additional parking capacity
Breakfast Bar
Built-in Features
Ceiling Fan(s)
Ceiling-High
Entrance Foyer

Facts & Features

Interior

Features

  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Ceiling-High
  • Entrance Foyer
  • Kitchen Island
  • No Interior Steps
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)

Appliances

  • Dishwasher
  • Disposal
  • ENERGY STAR Qualified Appliances
  • Exhaust Fan
  • Microwave
  • Oven
  • Free-Standing Range
  • Self Cleaning Oven
  • Stainless Steel Appliance(s)
  • Electric Water Heater

Flooring

  • Carpet
  • Concrete
Heating
Central,Electric
Cooling
Central Air
Exterior & Lot

Features

  • Uncovered Courtyard
  • Exterior Steps
  • Private Yard

Construction

  • Masonry – All Sides
  • Stucco

Lot Features

  • Greenbelt
  • Public Maintained Road
  • Trees-Heavy
  • Trees-Large (Over 40 Ft)

Fencing

  • Fenced
  • Privacy
  • Wood

Foundation

  • Slab

Patio / Porch

  • Deck
  • Patio
Roof
Composition
Lot Size
0.13 Acres

Parking

  • Attached
  • Garage
  • Garage Door Opener
Garage Spaces
2

Waterfront

  • Creek
  • Stream
Financial
Original List Price
$650,000
Price per Sq Ft
$325
Utilities
  • Cable Connected
  • Electricity Connected
  • Phone Available
  • Sewer Connected
  • Underground Utilities
  • Water Connected
Water Source
MUD
Sewer
MUD

Transaction History

3 records on file

Every recorded listing, sale, and lease at 408 SAILMASTER ST Unit #B, whoever represented it.

  1. ActiveListed 2026
    Current price: $650,000Original list: $650,000MLS 4403783
    1. Listed · September 17, 2026$650,000
  2. WithdrawnListed 2017
    Current price: $335,000Original list: $345,000MLS 2562334
  3. WithdrawnListed 2008
    Current price: $269,000Original list: $329,000MLS 5017539

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

Listed with current price, original ask, and market time.

View Timeline
Current list
$650,000
Original list
$650,000
Price movement
No verified reduction
Listed / DOM
Sep 17, 2026 · 28 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$451,398
Assessment Year
2025
Year Built
2007
Parcel ID
000000858783
$604K
$328K
$327,731
2021
$340,100
+3.8% from prev
2022
$537,596
+58.1% from prev
2023
$604,000
+12.4% from prev
2024
$451,398
-25.3% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025-25.3%
—$451,398——
2024+12.4%
—$604,000$193,600$264,532
2023+58.1%
—$537,596$193,600$410,400
2022+3.8%
—$340,100$110,000$427,596
2021
—$327,731$110,000$230,100
5-Year Change37.7%

Virtual Tour

Virtual tour of 408 SAILMASTER St Unit #B
Map showing 408 SAILMASTER ST Unit #B
408 SAILMASTER ST Unit #B
Directions

Zoned Schools

Lake Travis ISD →

1 High School1 Middle School1 Elementary School

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.

Principal & interest
$3,600

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($130K)

Adjustable assumption - not a lending recommendation.

$650,000

Loan: $520K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Lakeway pricing, timing, and property scale. No automated valuation claim.

List price

$650,000

Price per sqft

$325/sqft

Vs. Neighborhood guide reference price

-23.5%

$850K · Lakeway neighborhood guide · reference price

Days on market

28 days

Original to current

No verified reduction

$650K original

Active inventory context

148 listings

Price Position in Lakeway

Neighborhood guide reference price $850KThis home $650K

Listed 24% below the Lakeway neighborhood guide reference price. Lakeway neighborhood guide · reference price.

Balanced Market - 148 active listings, 28 days on market

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

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Verified property facts

Frequently Asked Questions

How much is 408 SAILMASTER St Unit #B?

408 SAILMASTER St Unit #B is listed at $650,000 with 3 bedrooms, 2 full bathrooms, 1,997 square feet, 0.13-acre lot.

What school district is 408 SAILMASTER St Unit #B in?

408 SAILMASTER St Unit #B is zoned for Lake Travis ISD with assigned schools: Serene Hills (elementary), Hudson Bend (middle), Lake Travis (high). School assignments should be verified directly with the district.

What are the property details for 408 SAILMASTER St Unit #B?

408 SAILMASTER St Unit #B is a Residential built in 2007 featuring 3 bedrooms, 2 full bathrooms, 1,997 square feet, 0.13-acre lot.

What is the price per square foot at 408 SAILMASTER St Unit #B?

408 SAILMASTER St Unit #B is priced at $325 per square foot across 1,997 sqft. The Lakeway neighborhood guide reference price is $850,000 (Lakeway neighborhood guide · reference price).

What are the property taxes for 408 SAILMASTER St Unit #B?

The most recent annual property tax for 408 SAILMASTER St Unit #B is $4,027. 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.

How should a buyer estimate the monthly payment for 408 SAILMASTER St Unit #B?

This page does not assume a mortgage rate or publish a monthly payment for 408 SAILMASTER St Unit #B. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 408 SAILMASTER St Unit #B compare with other homes in Lakeway?

As of Oct 15, 2026, 408 SAILMASTER St Unit #B is offered at $650,000. The current MLS snapshot shows 180 active listings in 78734. Keenan Group has completed 23 verified transactions in 78734 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Lakeway guide for current neighborhood analysis.

What is the water access at 408 SAILMASTER St Unit #B?

The MLS listing marks 408 SAILMASTER St Unit #B as waterfront. The reported waterfront feature is Creek, Stream. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

What should buyers know about Lakeway?

Lakeway is one of Austin's established neighborhoods, zoned for Lake Travis ISD in the 78734 area. The Keenan Group has specialized in Lakeway real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.

  • Lakeway area specialists
  • Lake Travis ISD zoning
  • #1 Austin Board of Realtors Team 2024
  • 25+ years Austin luxury real estate

Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)

Why Choose the #1 Austin Board Team for Lakeway

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 8:32:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 8:32:02 AM

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