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3 bed, 2 bath, 2,421 sqft on 0.18 acres in Sweetwater. Austin, TX 78738. Last listed at $620,000, sold September 12, 2025. Lake Travis ISD.
About This Home
Beautifully updated single-story home nestled in the heart of the highly sought-after Sweetwater community. Upon entry, high ceilings and elegant archways invite you in. A home office with French doors and rich wood flooring is tucked away off the foyer. The open concept main living area is perfect for entertaining and everyday living, featuring thoughtful updates and abundant natural light. The living space features a custom-built-in entertainment center, tongue-and-groove accent paneling, and a beautiful fireplace with tile surround, adding warmth and character. The modern kitchen offers quartz countertops, tile backsplash, stainless steel appliances, a large center island, pantry, and upgraded pendant lighting and cabinet hardware. All bedrooms feature wood flooring and Elfa closet systems, providing smart storage solutions in every room. The primary suite is a spacious retreat with a serene ensuite bath featuring a soaking tub, double vanity, and walk-in shower. Additional interior upgrades include fresh interior paint, updated light fixtures and ceiling fans, custom laundry room built-ins, and plantation shutters. Outside, professional landscaping with lush greenery creates the perfect backdrop for al fresco dining, relaxing, and entertaining. The expansive patio is surrounded by vibrant garden beds and shaded by a cedar trellis. Situated in a welcoming neighborhood known for its top-tier amenities, residents enjoy access to a clubhouse, fitness center, pools, sports courts, playgrounds, and scenic walking trails. All of this, just minutes from the Hill Country Galleria, Lake Travis, Southwest Parkway, and the vibrant dining and shopping scenes in Bee Cave.
Sweetwater is the Bee Cave community where the developer spent as much on the pool complex as some neighborhoods spend on their entire amenity package. The resort-style aquatic center includes a heated lap pool, a family pool with splash pad, and an adults-only pool, all surrounded by Hill Country landscaping and cabana seating. It sounds like a vacation resort, but this is a neighborhood amenity residents use on a regular Tuesday in June.
Sweetwater is in Bee Cave within the 78738 zip code, along Sweetwater Boulevard off Hamilton Pool Road. Downtown Austin is approximately 25 minutes east via Highway 71 to MoPac. The Bee Cave commercial district is about five minutes along the 71 corridor. Hamilton Pool Preserve is roughly 20 minutes west on Hamilton Pool Road. Reimers Ranch Park, with rock climbing, mountain biking, and Pedernales river access, is about 15 minutes in the same direction. Lake Travis boat ramps are 15 to 20 minutes away.
Housing reflects construction from 2015 through present. Hill Country Contemporary dominates at roughly 40 percent, with native limestone, metal roofing, and floor plans oriented around outdoor living. Texas Traditional accounts for about 25 percent. Modern Farmhouse at approximately 20 percent brings the open-plan aesthetic popular across Austin luxury. Lot sizes range from a fifth of an acre in townhome sections to three-quarters of an acre on estate lots. Pricing spans from the mid-$500s for patio homes to over $2.5 million for custom builds. The core market for a four-bedroom falls between $850,000 and $1.4 million.
Lake Travis ISD serves Sweetwater, with assignments at Bee Cave Elementary, Lake Travis Middle, and Lake Travis High. The district rests on strong academic performance, competitive athletics, and broad extracurriculars. Lake Travis High sends graduates to competitive universities statewide. The growing commercial tax base supplements residential revenue and supports per-student spending.
The internal trail system connects neighborhoods to the pool complex, parks, and common areas. Falconhead West trails are nearby for longer outings. Hamilton Pool draws visitors from across Texas but is close enough to feel local. Reimers Ranch offers 18-plus miles for biking and hiking plus river access. Cafe Blue handles seafood consistently. The Garden at Ellera brings Italian-influenced fare for date nights. Jack Allen's Kitchen serves Texas comfort food with local sourcing. Baguette et Chocolat provides French bakery and bistro. Meridian 98 brings a modern American menu. Summer revolves around pools and lake outings. Fall and spring push residents onto trails and into Hill Country parks.
Compared to Serene Hills, which emphasizes preserved green space, Sweetwater offers a larger community with more amenity infrastructure. Serene Hills is quieter and more intimate. Sweetwater is more active and programmed. Compared to Rough Hollow with its marina, Sweetwater lacks direct lake infrastructure but counters with the pool complex and a location closer to Bee Cave's commercial core. Rough Hollow suits buyers centered on the lake. Sweetwater suits those wanting resort amenities without tying routine to water.
Sweetwater fits families wanting a loaded amenity package, Lake Travis ISD, and Bee Cave convenience without committing to a lake or golf lifestyle. If your Saturday involves morning laps, an afternoon hike at Reimers Ranch, and dinner at one of five restaurants within ten minutes, this is where those things converge. The community is large enough for variety but structured enough that amenities create connection points. It is built for people who will actually use what the HOA provides.
School District: Lake Travis ISD
View Sweetwater neighborhood guide- Property Type
- Residential
- Year Built
- 2013
- Lot Size
- 0.18 acres
- Price / Sq Ft
- $256
- HOA
- $248/quarter
- Garage
- 3 spaces
Listing information last updated September 12, 2025.
Listed by Compass RE Texas, LLC
MLS# 4982781 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Quartz Counters
- Double Vanity
- Kitchen Island
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Soaking Tub
- Walk-In Closet(s)
- Built-In Oven(s)
- Dishwasher
- Gas Cooktop
- Microwave
- Stainless Steel Appliance(s)
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Private Yard
- Masonry – All Sides
- Back Yard
- Wood
- Slab
- Covered
- Patio
- Roof
- Composition
- Lot Size
- 0.18 Acres
- Attached
- Door-Multi
- Driveway
- Garage
- Garage Spaces
- 3
Financial
- HOA Fee
- $248 / quarter
- Original List Price
- $620,000
- Price per Sq Ft
- $256
Utilities
- Electricity Available
- Natural Gas Available
- Sewer Available
- Water Available
- Water Source
- MUD
- Sewer
- MUD
Transaction History
1 record on file
Every recorded listing, sale, and lease at 5521 Cherokee Draw RD, whoever represented it.
- SoldSeptember 12, 2025Listed at: $620,000MLS 4982781
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $620,000
- Original list
- $620,000
- Price movement
- No verified reduction
- Listed / DOM
- Aug 21, 2025
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $584,482
- Assessment Year
- 2025
- Year Built
- 2013
- Parcel ID
- 000000818567
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-16.2% | — | $584,482 | — | — |
2024+4.6% | — | $697,545 | $150,000 | $497,707 |
2023+42.8% | — | $666,765 | $150,000 | $547,545 |
2022+10.6% | — | $466,899 | $150,000 | $516,765 |
2021 | — | $422,300 | $80,000 | $386,899 |
Zoned Schools & District Context
Lake Travis
Bee Cave Middle School
Rough Hollow
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.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-04-25T02:51:50.833075+00:00; normalized from quarterly dues.
20% ($124K)
Adjustable assumption - not a lending recommendation.
$620,000
Luxury property intelligence
Keenan Market Position
A sourced read on Sweetwater pricing, timing, and property scale. No automated valuation claim.
List price
$620,000
Price per sqft
$256/sqft
Vs. Neighborhood guide reference price
-10.1%
$689.4K · Sweetwater neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$620K original
Active inventory context
34 listings
Price Position in Sweetwater
Listed 10% below the Sweetwater neighborhood guide reference price. Sweetwater neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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Sweetwater Neighborhood Guide
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