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An incredible opportunity; the most sought-after property in one of the most desirable neighborhoods in all of Austin. 3.6+ stunning acres in Spanish Oaks overlooks the Barton Creek Greenbelt with uninterrupted rolling green hills stretching as far as the eye can see with a glimpse of the creek at the bottom of the valley. Rivaling any Hill Country resort, this property provides endless opportunities to relax, play and entertain. Imagine hosting hundreds across the vast lawn towards the amphitheater for the evening’s entertainment. Family fun can include splashing in the two-level pool, a game of bocce ball, apple- or pear-picking in the fruit tree grove, or a playdate in the three-level playhouse. Evening meals can be cooked up in the summer kitchen and enjoyed on a one of a kind patio overlooking the breathtaking view. Equally impressive, the expansive interior includes exceptional entertaining areas as well as private retreats. The main floor features a formal living and dining room, sunken lounge area with bar, a theater-style media room and an oversized open kitchen where guests can mingle and chat. A catering kitchen, prep kitchen, and large pantry offer plenty of room to prepare for events. The luxurious primary suite is a relaxing retreat; encased in travertine and mosaic tile, the bathing suite enjoys two separate sink and water closets areas, a soaking tub niche with a fireplace and television, an oversized walk-in shower and his-and-hers closets with laundry. Upstairs hosts more space for informal entertaining and family fun. Three en-suite bedrooms share access to a large game room with bar and balcony, separate play room, an exercise room plus a bunk room with four beds for guests. Additional luxuries you will appreciate include an elevator, a golf simulator, two offices, a main-floor guest suite, a separate two-bedroom guest casita with a full kitchen and living area, four garages, a dog run, and stage hookups for the amphitheater.
Property Type
Residential
Year Built
2010
Lot Size
3.64 acres
$/Sq Ft
$673
HOA
$1,100/quarter
Garage
4 spaces
Pool
Yes
Listed by Moreland Properties
Verified property facts
6005 Krause Ln is listed at $8,650,000 with 7 bedrooms, 7 full, 4 half bathrooms, 12,856 square feet, 3.64-acre lot. This places it above the ZIP 78738 single-family closed-sale median price of $850,000 (ZIP 78738 geography · single-family closed sales · median sale price · trailing 12 months as of Aug 24, 2026).
6005 Krause Ln is zoned for Lake Travis ISD with assigned schools: Lake Pointe (10/10) (elementary), Bee Cave Middle School (8/10) (middle), Lake Travis (8/10) (high). School assignments should be verified directly with the district.
6005 Krause Ln is a Residential built in 2010 featuring 7 bedrooms, 7 full, 4 half bathrooms, 12,856 square feet, 3.64-acre lot.
6005 Krause Ln is listed by Moreland Properties. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Jun 3, 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
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
1 record on file
Every recorded listing, sale, and lease at 6005 KRAUSE LN, 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+17.5% | — | $8,433,234 | — | — |
2024-10.1% | — | $7,177,632 | $1,478,400 | $4,360,176 |
2023+43.9% | — | $7,982,142 | $1,478,400 | $5,699,232 |
2022+68.1% | — | $5,548,000 | $1,478,400 | $6,503,742 |
2021 | — | $3,300,000 | $687,500 | $4,860,500 |
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% ($1.7M)
Adjustable assumption - not a lending recommendation.
$8,650,000
Luxury property intelligence
A sourced read on Spanish Oaks pricing, timing, and property scale. No automated valuation claim.
List price
$8,650,000
Price per sqft
$673/sqft
Vs. Neighborhood guide reference price
+140.3%
$3.6M · Spanish Oaks neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$8.7M original
Active inventory context
5 listings
Price Position in Spanish Oaks
Listed 140% 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 3, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
6005 Krause Ln is priced at $673 per square foot across 12,856 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 6005 Krause Ln is $62,265. 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 6005 Krause Ln. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jun 3, 2026, 6005 Krause Ln is offered at $8,650,000. The current MLS snapshot shows 200 active listings in 78738. Keenan Group has completed 19 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.
The MLS listing reports HOA or association dues of $1,100 quarterly for 6005 Krause Ln. 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
$8,650,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+17.5% | — | $8,433,234 | — | — |
2024-10.1% | — | $7,177,632 | $1,478,400 | $4,360,176 |
2023+43.9% | — | $7,982,142 | $1,478,400 | $5,699,232 |
2022+68.1% | — | $5,548,000 | $1,478,400 | $6,503,742 |
2021 | — | $3,300,000 | $687,500 | $4,860,500 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Spanish Oaks
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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