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$4,250,000
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Award-winning architecture completed in 2010 after several years of thoughtful design. A combination of elegant mid-century style with waterfront modern features & extraordinary quality. This home was constructed as two exterior wings connected by an interior courtyard, expertly situated in a way that shields the view of neighboring homes while maximizing the hillside scenery. Every detail is strategic, of the highest quality and contributes to the aura of sanctuary & tranquility. This residence is ready for an owner desiring the boating lifestyle with unique access to Lake Austin on a protected cove with an exclusive deeded boat dock + slip + boat. The boat dock and waterfront park are gated & only accessible to 18 property owners. Many surprises throughout, notably the one-of-a-kind “Airplane Cabin” media room with 7 first class leather seats from Delta L-1011. The home furnishings are customized to each space and will stay with the home for the new owner, as well as the Home Theater System in the media room. The home was designed in the spirit of high-efficiency with a 5-star Austin Energy rating, facing northeast, the home maximizes the hill country views. Basement and attic spaces are encapsulated, insulated and conditioned with separate dehumidifiers. Utmost energy efficiency is displayed in every detail. A 10,000 gallon cistern collects rainwater for landscaping irrigation. Inside the home experience the Kitchen that won the National Dream Home Award. Downsview cabinets with 22 coats of hand-sanded custom-color lacquer & stainless steel. Miele Appliance package with induction cooktop & Beverage Center. Israeli blue limestone floor tile and Cambria Whitehall counters & paneling. Many exquisite details such as tongue and groove Ipe ceiling accents and custom Cherry floating cabinets. An expert Home Automation System controls lighting, motorized window shades, security cameras & sound system.
Property Type
Residential
Year Built
2010
Lot Size
0.31 acres
$/Sq Ft
$884
HOA
$300/mo
Garage
3 spaces
Listed by Compass RE Texas, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
5312 N Scout Island CIR is listed at $4,250,000 with 4 bedrooms, 4 full, 1 half bathrooms, 4,809 square feet, 0.31-acre lot. This places it above the 78731 median of $1,225,000.
5312 N Scout Island CIR is zoned for Austin ISD with assigned schools: Highland Park (10/10) (elementary), Lamar (Austin ISD) (middle), McCallum (8/10) (high). School assignments should be verified directly with the district.
5312 N Scout Island CIR is a Residential built in 2010 featuring 4 bedrooms, 4 full, 1 half bathrooms, 4,809 square feet, 0.31-acre lot.
5312 N Scout Island CIR 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 5312 N Scout Island CIR is $41,680. 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
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+12.7% | — | $4,557,137 | — | — |
2024-6.5% | — | $4,043,738 | $2,160,000 | $3,137,660 |
2023+108.4% | — | $4,325,129 | $2,160,000 | $1,883,738 |
2022 | — | $2,075,000 | $2,160,000 | $2,165,129 |

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% ($850K)
$4,250,000
Luxury property intelligence
A sourced read on Courtyard Ph 03-B pricing, timing, and property scale. No automated valuation claim.
List price
$4,250,000
Price per sqft
$884/sqft
Vs. Courtyard Ph 03-B median
Not available
Days on market
Not available
Original to current
$250K reduction
$4.5M 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
With 20% down ($850,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5312 N Scout Island CIR is around $25,526 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $4,250,000, 5312 N Scout Island CIR is in the Courtyard Ph 03-B market where there are currently 53 active listings in 78731. The Keenan Group has completed 107 transactions in 78731 as part of 1,000+ career sales totaling $1B+ across Austin.
5312 N Scout Island CIR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
5312 N Scout Island CIR is part of a managed community with HOA dues of $300 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.
7 events on record
Current Price
$4,500,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+12.7% | — | $4,557,137 | — | — |
2024-6.5% | — | $4,043,738 | $2,160,000 | $3,137,660 |
2023+108.4% | — | $4,325,129 | $2,160,000 | $1,883,738 |
2022 | — | $2,075,000 | $2,160,000 | $2,165,129 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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