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5 bed, 5 bath, 4,971 sqft on 0.48 acres in Spanish Oaks. Austin, TX 78738. Last listed at $3,050,000, sold May 22, 2026. Lake Travis ISD.
About This Home
4700 Monte Carmelo Place showcases amazing design and top-tier materials throughout. The living room provides a sophisticated sanctuary, where a welcoming fireplace offers comfort and warmth, complemented by the grandeur of a high ceiling adorned with rich beamed detailing. Culinary artistry finds its home in the exquisitely appointed kitchen, featuring a striking backsplash and a generously sized kitchen island, perfect for gathering and preparation. This space is equipped with a high-end range oven, custom hood, and elegant shaker cabinets, all beneath a distinctive wood ceiling. A Large Butler Pantry is also conveniently located behind the kitchen providing an ideal space for a Coffee Bar and Caterer use when entertaining. Retreat to a primary bathroom designed for ultimate relaxation, offering a spacious tiled walk in shower for invigorating starts to the day and a luxurious soaking tub, providing a tranquil escape for unwinding. The property encompasses four secondary bedrooms, each with an ensuite bath, in addition to 2 well-appointed half baths, ensuring comfort and privacy for all. Convenience is paramount with three dedicated garage spaces, and the exterior boasts a welcoming covered porch and patio. A curved driveway offers a grand arrival, while the outdoor living space, complete with a large spa, putting green, & covered outdoor living & dining areas, provides an idyllic setting for leisure and outdoor entertainment overlooking Little Barton Creek. This residence within the gated community of Spanish Oaks offers an opportunity to embrace a lifestyle of sophisticated comfort and serene indulgence. HOA Fee includes Access to community pool & private fish pond. Spanish Oaks Country Club membership is not included in the HOA Fee. Club Membership is available to home owners for additional fees.
At $614 per square foot, 4700 Monte Carmelo Pl stands out as a 2017-built luxury home with nearly half an acre backing toward Little Barton Creek in Spanish Oaks. In Spanish Oaks, Austin, TX 78738, this 5-bedroom, 5-bath, 2 half-bath Residential - Single Family Residence offers 4,971 square feet, a 0.4829-acre lot, and a layout built for privacy, entertaining, and day-to-day function.
The setting is a major part of the appeal. This section of Spanish Oaks is known for gated privacy, larger homesites, and quick access to club and community amenities without giving up the Hill Country feel. From the curved drive to the 3-car garage, the arrival has presence. Inside, the plan is practical for a household that needs space. The primary suite reads as a true owner’s retreat, while four secondary bedrooms with ensuite baths give guests or family members real separation. Two fireplaces add warmth to the main living areas, and the kitchen is designed for heavy use, with a large island, custom hood, range oven, shaker cabinetry, and a butler pantry that works well for catering, prep, or a dedicated coffee bar.
Outdoor living is what pushes this property into a different category. The covered patio and dining area, large spa, and putting green create usable space instead of square footage that sits idle. Views toward Little Barton Creek add a natural buffer that is hard to replicate in newer luxury inventory. For buyers comparing custom homes in West Austin and Bee Cave, that combination of lot size, outdoor function, and creek-side setting matters.
From a school standpoint, 4700 Monte Carmelo Pl feeds to Lake Travis ISD, one of the strongest draws for luxury buyers in this part of Travis County. Assigned schools include Lake Pointe, Bee Cave Middle School, and Lake Travis High School, all names that carry weight with relocating families and local move-up buyers. Community access to the Spanish Oaks pool and private fish pond adds value, while Spanish Oaks Country Club remains a separate membership option for owners who want golf and club amenities.
With only 2 days on market, this address enters the market as a newer single-family residence in one of the most closely watched luxury neighborhoods west of downtown Austin. For buyers who want Lake Travis ISD, gated privacy, and long-term staying power in Spanish Oaks, this is the kind of property that tends to age well in both lifestyle and value.
The numbers behind this insight
Spanish Oaks market
- Homes sold
- 13
- Median sale price
- $3,650,000
- Median price per sq ft
- $701
- Median days on market
- 49
- Homes for sale now
- 9
- Months of supply
- 8.3
Spanish Oaks has one of only three Bobby Weed-designed golf courses in Texas, and membership is capped well below the capacity most private clubs allow. That intentional scarcity defines the community's approach: fewer homes, larger lots, wider buffers between neighbors, and a club experience that prioritizes quality of play over volume. The result functions more like a private retreat than a subdivision.
The community is located in the Bee Cave corridor of 78738, west of Austin along Highway 71. Downtown follows 71 east to MoPac, about twenty-five to thirty minutes in normal traffic. Hill Country Galleria is roughly ten minutes away. Trattoria Lisina offers Italian food and a wine cave experience near Driftwood. SP Brazilian does churrascaria. The Gramercy has become a date-night go-to. Steiner Ranch Steakhouse covers the classic category, Cafe Blue does seafood, and Tadashi handles Japanese.
Homes are luxury estates on large lots, with native limestone, standing-seam metal roofs, and expansive outdoor living areas taking advantage of canyon views. Custom builds are the norm. Architectural review maintains cohesive character without forcing uniformity. Most homes range from 4,000 to over 8,000 square feet on lots starting at one acre, extending past two acres for canyon rim and golf course positions. Prices begin around $2 million and climb past $6 million. Inventory turns slowly because most owners are long-term residents.
Spanish Oaks is served by Lake Travis ISD. Bee Cave Elementary is the primary feeder and reflects the small, well-funded campus parents here expect. Students move to Bee Cave Middle School and Lake Travis High School, recognized for academics and athletics. The district has invested heavily in facilities and technology, and the tax base from communities like Spanish Oaks supports that investment.
Mornings often start on the course, where the first tee fills before 8 AM. The Bobby Weed layout plays through native terrain with canyon crossings that are as scenic as they are challenging. The clubhouse hosts dinners and member events. Beyond the gates, Milton Reimers Ranch provides miles of mountain biking along the Pedernales River. Hamilton Pool is a short drive southwest. Pace Bend Park on Lake Travis offers lake access. The lifestyle is private but not isolated, with club events and school functions keeping the calendar full.
Spanish Oaks competes with Barton Creek, Rob Roy, and The Hills of Lakeway. Barton Creek offers larger scale with more amenities and a shorter commute. Rob Roy provides Eanes ISD and established acreage closer to the city. The Hills has similar pricing and Lake Travis ISD but a larger community. Spanish Oaks differentiates through exclusivity and golf quality. The Bobby Weed course is widely considered one of the best private courses in the Hill Country, and limited membership means you never wait for a tee time.
Spanish Oaks is for buyers who want a private club lifestyle in the Texas Hill Country with a world-class golf course at the center. It fits families who value Lake Travis ISD, retirees who want serious golf every morning, and anyone where privacy and quality matter more than proximity.
School District: Lake Travis ISD
View Spanish Oaks neighborhood guide- Property Type
- Residential
- Year Built
- 2017
- Lot Size
- 0.48 acres
- Price / Sq Ft
- $614
- HOA
- $1,597/quarter
- Garage
- 3 spaces
Listing information last updated May 23, 2026.
Listed by Austin Loop 1 Realty, LLC
MLS# 2403628 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Breakfast Bar
- Ceiling Fan(s)
- Beamed Ceilings
- Ceiling-High
- Kitchen Island
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Soaking Tub
- Walk-In Closet(s)
- Dishwasher
- Disposal
- Microwave
- Free-Standing Gas Oven
- Stainless Steel Appliance(s)
- Carpet
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 2
Exterior & Lot
- Exterior Steps
- Rain Gutters
- Outdoor Grill
- Private Yard
- Stone
- Stucco
- Cul-De-Sac
- Landscaped
- Trees-Medium (20 Ft - 40 Ft)
- Fenced
- Wrought Iron
- Slab
- Covered
- Front Porch
- Patio
- Rear Porch
- Roof
- Tile
- Lot Size
- 0.48 Acres
- Attached
- Garage
- Garage Spaces
- 3
Financial
- HOA Fee
- $1,597 / quarter
- Original List Price
- $3,050,000
- Price per Sq Ft
- $614
Utilities
- Electricity Available
- Propane
- Water Available
- Water Source
- MUD
- Sewer
- MUD
Transaction History
5 records on file
Every recorded listing, sale, and lease at 4700 Monte Carmelo PL, whoever represented it.
- SoldMay 22, 2026Listed at: $3,050,000MLS 2403628
- SoldJuly 10, 2023Listed at: $2,660,000MLS 5417881
- SoldJuly 27, 2011Listed at: $199,900MLS 2039855
- SoldDecember 22, 2005Listed at: $270,000MLS 8499168
- ExpiredListed date not recordedCurrent price: $225,000Original list: $225,000MLS 6445331
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
Pending with current price, original ask, and market time.
- Current list
- $3,050,000
- Original list
- $3,050,000
- Price movement
- No verified reduction
- Listed / DOM
- Mar 12, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $2,896,075
- Assessment Year
- 2025
- Year Built
- 2017
- Parcel ID
- 000000521363
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+3.7% | — | $2,896,075 | — | — |
2024-1.1% | — | $2,792,190 | $720,000 | $1,855,000 |
2023+70.2% | — | $2,822,077 | $720,000 | $2,072,190 |
2022 | — | $1,657,684 | $720,000 | $2,102,077 |
Zoned Schools
Lake Travis
Bee Cave Middle School
Lake Pointe
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 and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T20:07:04.527+00:00; normalized from quarterly dues.
20% ($610K)
Adjustable assumption - not a lending recommendation.
$3,050,000
Luxury property intelligence
Keenan Market Position
A sourced read on Spanish Oaks pricing, timing, and property scale. No automated valuation claim.
List price
$3,050,000
Price per sqft
$614/sqft
Vs. Neighborhood guide reference price
-16.4%
$3.7M · Spanish Oaks neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$3.1M original
Active inventory context
9 listings
Price Position in Spanish Oaks
Listed 16% below the Spanish Oaks neighborhood guide reference price. Spanish Oaks neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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Spanish Oaks Neighborhood Guide
Lifestyle, schools, market context, and homes in Spanish Oaks
Spanish Oaks Homes for Sale
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78738 ZIP Guide
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