4916 Paraiso Pkwy, Austin, TX 78738

We are thrilled to present an incredible opportunity to own a remarkable estate at 4916 Paraiso Parkway in the prestigious Spanish Oaks community of Austin, TX. The seller is offering a credit toward a golf membership at the Spanish Oaks Golf Club!

This exceptional 1.17-acre corner property features a spacious 5400 sq ft main house and a charming 942 sq ft guest house. The main residence includes 4 bedrooms, 4 full baths, 2 half baths, a game room, a separate study, and a media room. The open-concept design highlights soaring ceilings, abundant natural light, and a gourmet kitchen with high-end appliances, custom cabinetry, and a large island, perfect for entertaining.

The elegant living area flows into a private outdoor retreat with lush landscaping, a resort-style pool, and expansive patio space ideal for alfresco dining or relaxation. The private owner’s wing offers a luxurious master suite with a spa-like ensuite, two walk-in closets, a workout room, and access to the backyard. A separate wing includes a large laundry/craft room and a guest room with an ensuite bathroom and backyard access.

Upstairs, you'll find a game room, media room, and two additional bedrooms, each with walk-in closets and en-suite baths, ensuring privacy and comfort for family or guests.

The guest house provides 942 sq ft of versatile space, perfect for visitors, an office, or a workout area.

Located in the sought-after Spanish Oaks community, this home offers access to exceptional amenities, including a golf course, pool, and scenic trails, all while being just minutes from Austin’s culture and dining. Known for its exclusivity and safety, Spanish Oaks provides an unparalleled quality of life.

Don’t miss this opportunity to own a piece of luxury in Spanish Oaks. Contact us for more information or to schedule a tour today!

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.