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Barn with planned upstairs garage apartment on 4.75-Acres at Lake Travis which allows horses. The building is at the southwest corner along street. The best Lakeview site was saved for future main house if you prefer to build new. Scenic views of Muleshoe Bend of Lake Travis and panoramic hill country. Covered side patio. Indoor stairs to the unfinished proposed 800 sq ft apartment with plumbing rough for bathroom and kitchen. 4-car deep garage with both front and side overhead doors. Front yard acreage is level for pasture with bluebonnets, homesite, or space for a variety of outdoor activity, fun & games, or sport court. Neighbor has putting green. Lovely scenic canyon through right side of Lot with stonewall lined paved driveway down to lower yard, patios, and pathway to Lake Travis cove. In the process of re-platting Lot-12 into two Lots. Welcome home, make it yours..!!!
Property Type
Residential
Year Built
2007
Lot Size
4.75 acres
$/Sq Ft
$398
HOA
$650/mo
Garage
8 spaces
Listed by Coldwell Banker S.G. Billings
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
5135 Lookout Ridge DR is listed at $700,000 with 0 bedrooms, 0 full bathrooms, 1,760 square feet, 4.75-acre lot.
5135 Lookout Ridge DR is zoned for Marble Falls ISD with assigned schools: Colt (elementary), Marble Falls (middle), Marble Falls (high). School assignments should be verified directly with the district.
5135 Lookout Ridge DR is a Residential built in 2007 featuring 0 bedrooms, 0 full bathrooms, 1,760 square feet, 4.75-acre lot.
5135 Lookout Ridge 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 5135 Lookout Ridge DR is $10,292. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed with current price, original ask, and market time.

Marble Falls 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.
20% ($140K)
$700,000
Luxury property intelligence
A sourced read on Lookout Ridge pricing, timing, and property scale. No automated valuation claim.
List price
$700,000
Price per sqft
$398/sqft
Vs. Lookout Ridge median
Not available
Days on market
11 days
Original to current
No verified reduction
$700K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 31, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($140,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5135 Lookout Ridge DR is around $4,490 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $700,000, 5135 Lookout Ridge DR is in the Lookout Ridge market where there are currently 187 active listings in 78654. The Keenan Group has completed 1 transactions in 78654 as part of 1,000+ career sales totaling $1B+ across Austin.
5135 Lookout Ridge DR includes verified waterfront access: Lake Front,Waterfront. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
5135 Lookout Ridge DR is part of a managed community with HOA dues of $650 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Current Price
$700,000
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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