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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
505 Deer Lake Rd is listed at $1,500,000 with 4 bedrooms, 3 full, 1 half bathrooms, 2,567 square feet, 6.00-acre lot. This places it above the 78676 median of $804,250.
505 Deer Lake Rd is zoned for Wimberley ISD with assigned schools: Jacobs Well (elementary), Danforth (middle), Wimberley (8/10) (high). School assignments should be verified directly with the district.
505 Deer Lake Rd is a Residential built in 1946 featuring 4 bedrooms, 3 full, 1 half bathrooms, 2,567 square feet, 6.00-acre lot.
505 Deer Lake Rd 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.
With 20% down ($300,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 505 Deer Lake Rd is around $10,533 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
Price Change with current price, original ask, and market time.
**Rare Waterfront Gem – First Time on the Market in Decades**
This is a once-in-a-generation opportunity. Sitting on 6 acres with over 600 feet of spring-fed frontage on Lone Man Creek, this one-of-a-kind property offers privacy, natural beauty, and tons of potential. It’s only the second time it’s been available in nearly 40 years—don’t miss it.
The single-story home features a **gorgeous master suite with peaceful creek views right from bed**, plus a pool that overlooks the water. You’re less than 4 miles from Wimberley Square, but it feels like a world away—quiet, private, and surrounded by nature.
Additional features include a **22,000-gallon rainwater collection system**, a **guest studio with full bath**, a **large workshop**, and a **covered outdoor space** that’s perfect for entertaining—or adding an outdoor kitchen.
Property Type
Residential
Year Built
1946
Lot Size
6.00 acres
$/Sq Ft
$584
Garage
2 spaces
Listed by Hills Of Texas Sky Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Wimberley ISD
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% ($300K)
$1,500,000
Luxury property intelligence
A sourced read on Deer Lake Estates pricing, timing, and property scale. No automated valuation claim.
List price
$1,500,000
Price per sqft
$584/sqft
Vs. Deer Lake Estates median
Not available
Days on market
377 days
Original to current
$300K reduction
$1.8M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 10, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $1,500,000, 505 Deer Lake Rd is in the Deer Lake Estates market where there are currently 171 active listings in 78676. The Keenan Group has completed 2 transactions in 78676 as part of 1,000+ career sales totaling $1B+ across Austin.
505 Deer Lake Rd was built in 1946 (80 years ago). Buyers should budget for potential updates to major systems.
505 Deer Lake Rd includes verified waterfront access. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
5 events on record
Current Price
$1,500,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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