#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024This property has sold on April 7, 2011. Looking for something similar? Contact us or browse available homes.
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$2,500,000
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5 bed, 5 bath, 11,114 sqft on 1.62 acres in Austin. Austin, TX 78731. Last listed at $2,500,000, sold April 7, 2011. Austin ISD.
STUNNING 11,000 sq/ft estate in Austin's most prestigious gated lake community. Home is palatial in its dimensions and exquisite finishes. Main living floor is a stunning light filled space wrapped around a center courtyard of terraces, pool and gardens. Upper floor can be used as separate 2 bedroom guest suite. Lower level is an amazing area for entertaining with arguably the best media room in Austin, capable of seating 13. Price is over $1M LESS than tax appraisal! Shares waterfront lot with neighbor.Guest Accommodations: Yes Restrictions: Yes Sprinkler Sys:Yes
Listing information last updated October 20, 2021.
Listed by Goldwasser Real Estate
MLS# 4117526 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Verified property facts
4708 Island Cv is zoned for Austin ISD with assigned schools: Highland Park (elementary), Lamar (Austin ISD) (middle), McCallum (high). School assignments should be verified directly with the district.
4708 Island Cv is a Residential built in 2001 featuring 5 bedrooms, 5 full, 3 half bathrooms, 11,114 square feet, 1.62-acre lot.
The most recent annual property tax for 4708 Island Cv is $82,710. 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.
4708 Island Cv was last listed at $2,500,000 and sold on April 7, 2011. The current MLS snapshot shows 58 active listings in 78731. Keenan Group has completed 91 verified transactions in 78731 within its 1,000+ completed transactions and $1B+ career volume across Austin.
#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
1 record on file
Every recorded listing, sale, and lease at 4708 Island CV, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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 |
|---|---|---|---|---|
2025-7.4% | — | $5,808,940 | — | — |
2024+0.0% | — | $6,274,058 | $2,683,800 | $3,247,665 |
2023+39.2% | — | $6,274,058 | $1,616,201 | $4,657,857 |
2022 | — | $4,506,804 | $1,616,201 | $4,657,857 |
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 2026-06-03T06:40:03.495981+00:00; normalized from annual dues.
20% ($500K)
Adjustable assumption - not a lending recommendation.
$2,500,000
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List price
$2,500,000
Price per sqft
$225/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$200K reduction
$2.7M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 3, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
The MLS listing marks 4708 Island Cv as waterfront. The reported waterfront feature is Lake Front. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $2,400 annual for 4708 Island Cv. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Homes sold by Keenan Group.
| Address | Offered At |
|---|---|
| 6428 Williams Ridge Way | $2.50M |
| 3924 Arbor Glen Way | $1.25M |
| 6109 Mountain Villa Cir | $3.20M |
| 6905 Ladera Norte | $1.90M |
| 4607 Balcones DR | $1.50M |
| 7218 Valburn DR | $3.27M |
| 7311 Running Rope | $2.50M |
| 7602 Rim CV | $1.98M |
Comparable homes that recently closed in this area
7 events on record
Current Price
$2,500,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-7.4% | — | $5,808,940 | — | — |
2024+0.0% | — | $6,274,058 | $2,683,800 | $3,247,665 |
2023+39.2% | — | $6,274,058 | $1,616,201 | $4,657,857 |
2022 | — | $4,506,804 | $1,616,201 | $4,657,857 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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.
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