4 bed, 4 bath, 3,710 sqft on 0.80 acres in Spanish Oaks. Austin, TX 78738. $2,650,000. Lake Travis ISD.
About This Home
Gorgeous, timeless, and truly special, this exceptional Spanish Oaks retreat offers the perfect blend of luxury, comfort, and natural beauty. Nestled on a beautifully landscaped lot filled with mature trees and native vegetation, this single-story residence is the definition of lock-and-leave living in one of the community's most peaceful, private, and quiet settings.
Tucked away near the back of Spanish Oaks, just moments from the Fish Camp and Pool Pavilion, the property welcomes you through a charming courtyard featuring an inviting fountain, lush landscaping, and a detached casita. The thoughtfully designed floor plan includes 3 bedrooms in the main house plus a private casita bedroom, offering 4 bedrooms, 4 full baths, and 1 half bath in total.
Blending seamlessly with its natural surroundings, the home exudes warmth, quality, and timeless elegance. Open-concept living and dining spaces flow effortlessly from the kitchen, creating an ideal environment for both everyday living and entertaining. Three fireplaces add character and ambiance throughout the home, while walls of windows frame serene views of the surrounding landscape. Outdoor living is equally impressive, with expansive spaces designed to enjoy the shade and beauty of majestic Live Oaks. Whether relaxing with a morning coffee, gathering with friends, or enjoying the peaceful privacy of the setting, this home offers a rare opportunity to experience the very best of Spanish Oaks living.
Additional features include a 3-car garage, detached casita, and an unparalleled location within one of Austin's most sought-after gated communities.
This 3,710-square-foot residence at 5729 Krause Lane in Spanish Oaks represents the architectural restraint that defines timeless design. Built in 2008, the home prioritizes material honesty over ornamentation, with masonry on all sides paired with wood siding that ages gracefully in the Hill Country climate. The 0.8007-acre interior lot sits elevated among mature live oaks, creating natural privacy without fortress-like walls or over-landscaping.
The material palette tells a clear story. Inside, the home layers stone, wood, and carpet across multiple living zones, each material chosen for durability rather than trend. Recessed lighting and ceiling fans maintain functional simplicity, while the kitchen anchors the home with stainless steel appliances, a gas cooktop with double ovens, and a wine refrigerator that suggests serious entertaining without theatrical excess. The primary bedroom sits on the main floor, eliminating navigational complexity that often frustrates buyers in their later decades of ownership.
What distinguishes this property is spatial variety without visual chaos. Multiple dining areas and multiple living zones allow household members to occupy different activities simultaneously, yet the open-concept flow prevents the fragmented feel of chopped-up floor plans. Built-in bookcases and storage throughout suggest a design philosophy rooted in practical elegance rather than Instagram moments. A wet bar serves guests without requiring a separate room.
The courtyard entry through a detached casita creates intentional separation between public and private space, a refinement absent from most Austin homes. Three fireplaces provide ambient warmth during Hill Country winters when evening temperatures dip sharply. The covered outdoor living area frames views of surrounding oaks without requiring screened enclosures that age poorly in Texas humidity.
Location matters here. Spanish Oaks sits adjacent to the golf course, with immediate proximity to Fish Camp and the Pool Pavilion. Lake Travis ISD schools - Lake Pointe Elementary, Bee Cave Middle School, and Lake Travis High School - serve the neighborhood. The property's position near the community's back edge means fewer through-traffic roads and quieter surroundings than front-gate properties.
At $714 per square foot, this represents direct competition with newer construction in premium neighborhoods while offering mature landscaping, established infrastructure, and the design coherence that only comes from a single architectural vision. Spanish Oaks buyers prioritize serenity and stability, and this home delivers both.
The numbers behind this insight
- Offered at
- $2,650,000
- Listed
- June 11, 2026
- Asking price per sq ft
- $714
Spanish Oaks market
- Homes sold
- 13
- Median sale price
- $3,650,000
- Median price per sq ft
- $701
- Median days on market
- 49
- Homes for sale now
- 9
- Months of supply
- 8.3
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $601 per sq ft over the trailing 12 months (379 sales), as of October 15, 2026.
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.
School District: Lake Travis ISD
View Spanish Oaks neighborhood guide- Property Type
- Residential
- Year Built
- 2008
- Lot Size
- 0.80 acres
- Price / Sq Ft
- $714
- HOA
- $1,500/quarter
- Garage
- 3 spaces
Listing information last updated July 31, 2026.
Listed by Kuper Sotheby's Int'l Realty
MLS# 8426286 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bookcases
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Ceiling-High
- Chandelier
- Double Vanity
- Entrance Foyer
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- No Interior Steps
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Storage
- Walk-In Closet(s)
- Wet Bar
- Wired for Sound
- Built-In Oven(s)
- Dishwasher
- Disposal
- Gas Cooktop
- Microwave
- Double Oven
- Refrigerator
- Stainless Steel Appliance(s)
- Wine Refrigerator
- Carpet
- Stone
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 3
Exterior & Lot
- Barbecue
- Exterior Steps
- Private Entrance
- Masonry – All Sides
- Wood Siding
- Interior Lot
- Landscaped
- Level
- Near Golf Course
- Sprinkler - Automatic
- Many Trees
- Trees-Medium (20 Ft - 40 Ft)
- Trees-Moderate
- Fenced
- Wrought Iron
- Slab
- Covered
- Roof
- Metal
- Lot Size
- 0.80 Acres
- Attached
- Garage Faces Front
- Garage Spaces
- 3
Financial
- HOA Fee
- $1,500 / quarter
- Original List Price
- $2,650,000
- Price per Sq Ft
- $714
Utilities
- Electricity Available
- Propane
- Water Source
- MUD
- Sewer
- MUD
Transaction History
1 record on file
Every recorded listing, sale, and lease at 5729 Krause LN Unit #19, whoever represented it.
- ActiveListed 2026Current price: $2,650,000Original list: $2,650,000MLS 8426286
- Listed · June 11, 2026$2,650,000
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
Listed with current price, original ask, and market time.
- Current list
- $2,650,000
- Original list
- $2,650,000
- Price movement
- No verified reduction
- Listed / DOM
- Jun 11, 2026 · 127 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $2,711,444
- Assessment Year
- 2025
- Year Built
- 2007
- Parcel ID
- 000000754160
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+53.5% | — | $2,711,444 | — | — |
2024-0.9% | — | $1,766,742 | $348,786 | $1,238,779 |
2023+8.0% | — | $1,782,326 | $348,786 | $1,417,956 |
2022-5.8% | — | $1,650,621 | $348,786 | $1,433,540 |
2021 | — | $1,751,357 | $348,786 | $1,301,835 |
Virtual Tour

Zoned Schools
Lake Travis
Bee Cave Middle School
Lake Pointe
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 2026-10-15T20:07:18.114+00:00; normalized from quarterly dues.
20% ($530K)
Adjustable assumption - not a lending recommendation.
$2,650,000
Luxury property intelligence
Keenan Market Position
A sourced read on Spanish Oaks pricing, timing, and property scale. No automated valuation claim.
List price
$2,650,000
Price per sqft
$714/sqft
Vs. Neighborhood guide reference price
-27.4%
$3.7M · Spanish Oaks neighborhood guide · reference price
Days on market
127 days
Original to current
No verified reduction
$2.7M original
Active inventory context
9 listings
Price Position in Spanish Oaks
Listed 27% below the Spanish Oaks neighborhood guide reference price. Spanish Oaks neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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Spanish Oaks Neighborhood Guide
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