
PERMITTED PLANS for 7,500+/- sqft HOME DESIGNED BY A PARALLEL ARCHITECTURE – VALUE IS IN THE LAND WITH OVER +/- 230’ OF LAKE AUSTIN WATERFRONT WITHIN THE PRESTIGIOUS EANES ISD. This offers a unique opportunity to build your dream home in a prime location known for its top-rated schools, tranquil surroundings, and luxurious lifestyle amenities. This incredible property on Rivercrest Drive is a prime build site – for which A Parallel Architecture has designed concept plans for a remarkable modern home. The luxurious home will feature floor-to-ceiling panoramic windows, multiple observation decks, a pool deck and outdoor kitchen, and a boat house. From the architects at A Parallel Architecture, we find extraordinary concepts for a home specifically designed for 4200 Rivercrest Drive. Dramatically bridging between a wooded cliff side and the shore of Lake Austin, this 7500+sf home spreads out over four levels to create a wide variety of indoor and outdoor living experiences. The slender profile of the building affords 180-degree lake-front views to all living spaces while facilitating abundant daylighting and cross-ventilation at every level. The home’s design has an open floor, gourmet kitchen, several spaces for living and entertaining, a primary wing, and a double-height deck. The lake-level features a game room, storage, and an expansive covered outdoor area with a kitchen, fireplace, seating area, recreational lawn, pool, spa and boat house. The house and boat dock are fully permitted by the City of Austin. The project is construction-ready, which saves a buyer years of City approval time. The cost to build the permitted house and dock plans is not included in the list price. All information contained herein deemed reliable but not guaranteed. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.
Property Type
Land
Lot Size
0.63 acres
Listed by Moreland Properties
Verified property facts
4200 Rivercrest DR is listed at $5,999,000 with 0 bedrooms, 0.63-acre lot. This places it above the 78746 median of $2,000,000.
4200 Rivercrest DR is zoned for Eanes ISD with assigned schools: Bridge Point (10/10) (elementary), Hill Country (9/10) (middle), Westlake (9/10) (high). School assignments should be verified directly with the district.
4200 Rivercrest 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 4200 Rivercrest DR is $18,563. 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 ($1,199,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 4200 Rivercrest DR is around $32,674 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#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
Lot Features
Fencing
Waterfront
Listing timeline 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+0.0% | — | $1,123,200 | $1,123,200 | — |
2021 | — | $1,123,200 | $1,123,200 | — |

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% ($1.2M)
$5,999,000
Luxury property intelligence
A sourced read on Aqua Verde pricing, timing, and property scale. No automated valuation claim.
List price
$5,999,000
Price per sqft
Not available
Vs. Aqua Verde median
Not available
Days on market
785 days
Original to current
$2M reduction
$8M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 25, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $5,999,000, 4200 Rivercrest DR is in the Aqua Verde market where there are currently 106 active listings in 78746. The Keenan Group has completed 19 transactions in 78746 as part of 1,000+ career sales totaling $1B+ across Austin.
4200 Rivercrest DR includes verified waterfront access: Lake Front,River Front,Waterfront. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
4200 Rivercrest DR sits on a 0.63-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
No Nearby Transit
Somewhat Bikeable
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.
5 events on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
| — |
| $1,123,200 |
| $1,123,200 |
| — |
2021 | — | $1,123,200 | $1,123,200 | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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Recent sales for market context