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5 bed, 6 bath, 8,000 sqft on 1.00 acres in Spanish Oaks. Austin, TX 78738. $7,750,000. Lake Travis ISD.
Stunning Hill Country Contemporary home designed by DCA and built by Ohad Sagiv. This home is essentially a single story home, with a fitness/bonus room upstairs and second office. Featuring four bedrooms, five full & one half bath in the main house and an attached guest cabana with a separate entrance and bathroom, overlooking the resort style pool and spa. Western windows and doors disappear into the walls, creating a seamless environment for indoor/outdoor living. The open floor plan is perfectly suited for entertaining guests and hosting family gatherings. Interior finishes have been carefully selected and include amazing stone flooring, floating walls, state of the art appliances and quartz countertops throughout.
Verified property facts
5516 Laceback TER is listed at $7,750,000 with 5 bedrooms, 6 full, 1 half bathrooms, 8,000 square feet, 1.00-acre lot. This places it above the ZIP 78738 single-family closed-sale median price of $858,675 (ZIP 78738 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 20, 2026).
5516 Laceback TER is zoned for Lake Travis ISD with assigned schools: Lake Pointe (9/10) (elementary), Bee Cave Middle School (8/10) (middle), Lake Travis (8/10) (high). School assignments should be verified directly with the district.
5516 Laceback TER is a Residential built in 2019 featuring 5 bedrooms, 6 full, 1 half bathrooms, 8,000 square feet, 1.00-acre lot.
5516 Laceback TER is listed by Compass RE Texas, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Jun 4, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded listing, sale, and lease at 5516 Laceback TER, 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+54.7% | — | $6,531,564 | — | — |
2024-0.8% | — | $4,223,068 | $1,600,000 | $2,891,750 |
2023+63.8% | — | $4,258,166 | $1,040,000 | $3,183,068 |
2022+18.1% | — | $2,598,908 | $1,040,000 | $3,218,166 |
2021 | — | $2,200,000 | $750,000 | $1,848,908 |
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% ($1.6M)
Adjustable assumption - not a lending recommendation.
$7,750,000
Luxury property intelligence
A sourced read on Spanish Oaks pricing, timing, and property scale. No automated valuation claim.
List price
$7,750,000
Price per sqft
$969/sqft
Vs. Neighborhood guide reference price
+115.3%
$3.6M · Spanish Oaks neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$7.8M original
Active inventory context
5 listings
Price Position in Spanish Oaks
Listed 115% above the Spanish Oaks neighborhood guide reference price. Spanish Oaks neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 4, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
5516 Laceback TER is priced at $969 per square foot across 8,000 sqft. The Spanish Oaks neighborhood guide reference price is $3,600,000 (Spanish Oaks neighborhood guide · reference price).
The most recent annual property tax for 5516 Laceback TER is $56,121. 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.
This page does not assume a mortgage rate or publish a monthly payment for 5516 Laceback TER. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jun 4, 2026, 5516 Laceback TER is offered at $7,750,000. The current MLS snapshot shows 205 active listings in 78738. Keenan Group has completed 31 verified transactions in 78738 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Spanish Oaks guide for current neighborhood analysis.
5516 Laceback TER was built in 2019, making it 7 years old with relatively recent construction.
The MLS listing reports HOA or association dues of $1,320 quarterly for 5516 Laceback TER. 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.
Spanish Oaks is one of Austin's established neighborhoods, zoned for Lake Travis ISD in the 78738 area. The Keenan Group has specialized in Spanish Oaks real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Car-Dependent
N/A
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.
7 events on record
Current Price
$7,750,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+54.7% | — | $6,531,564 | — | — |
2024-0.8% | — | $4,223,068 | $1,600,000 | $2,891,750 |
2023+63.8% | — | $4,258,166 | $1,040,000 | $3,183,068 |
2022+18.1% | — | $2,598,908 | $1,040,000 | $3,218,166 |
2021 | — | $2,200,000 | $750,000 | $1,848,908 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Comparable homes that recently closed in this area
Best Match
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Neighborhood guide and local insights
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.
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