
Location, Lake Access and Loads of Upside-rarely do all three align like this. Just steps to main body Lake Austin and located on a quiet cul de sac, this newly listed property is an ideal foundation for your own renovations. A great price point to get your foothold in the popular Rivercrest neighborhood and have immediate lake access, just in time for summer! Bring your vision, your architect, and your plans-and get ready to unlock the full potential of this rare Rivercrest opportunity.
The existing 3100 sf home has 4 bedrooms, each with it's own full bathroom, with primary on the main floor. Other features include, grand-scale windows, high ceilings, and a large outdoor stone patio where you can bring your living outside, watching the moving landscape on the lake.
The value is in the location in the highly acclaimed Eanes ISD, the lake access, the recent disannexation from the City of Austin with more upside and less developmental restrictions, and the Rivercrest neighborhood vibe. Opportunities like this don't last so lock in your immediate Lake Austin enjoyment now. Ready to reimagine 6705 Elfland? The possibilities are endless!
Property Type
Residential
Year Built
1989
Lot Size
0.38 acres
$/Sq Ft
$1,109
Garage
2 spaces
Listed by Compass RE Texas, LLC
Verified property facts
6705 Elfland Dr is listed at $3,495,000 with 4 bedrooms, 4 full, 1 half bathrooms, 3,151 square feet, 0.38-acre lot. This places it above the 78746 median of $2,000,000.
6705 Elfland Dr is zoned for Eanes ISD with assigned schools: Bridge Point (elementary), Hill Country (middle), Westlake (high). School assignments should be verified directly with the district.
6705 Elfland Dr is a Residential built in 1989 featuring 4 bedrooms, 4 full, 1 half bathrooms, 3,151 square feet, 0.38-acre lot.
6705 Elfland Dr 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 6705 Elfland Dr is $51,255. 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
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Listed 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+49.3% | — | $6,351,221 | — | — |
2024+1.6% | — | $4,254,059 | $6,007,230 | $478,605 |
2023+109.9% | — | $4,188,584 | $3,337,350 | $916,709 |
2022 | — | $1,995,144 | $3,337,350 | $851,234 |

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% ($699K)
$3,495,000
Luxury property intelligence
A sourced read on Rivercrest Add Sec 02 pricing, timing, and property scale. No automated valuation claim.
List price
$3,495,000
Price per sqft
$1,109/sqft
Vs. Rivercrest Add Sec 02 median
Not available
Days on market
80 days
Original to current
No verified reduction
$3.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 25, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($699,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 6705 Elfland Dr is around $22,406 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $3,495,000, 6705 Elfland Dr is in the Rivercrest Add Sec 02 market where there are currently 106 active listings in 78746. The Keenan Group has completed 19 transactions in 78746 as part of 1,000+ career sales totaling $1B+ across Austin.
6705 Elfland Dr was built in 1989 (37 years ago). Buyers should budget for potential updates to major systems.
6705 Elfland Dr includes verified waterfront access. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
No Nearby Transit
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.
6 events on record
Current Price
$3,495,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+49.3% | — | $6,351,221 | — | — |
2024+1.6% | — | $4,254,059 | $6,007,230 | $478,605 |
2023+109.9% | — | $4,188,584 | $3,337,350 | $916,709 |
2022 | — | $1,995,144 | $3,337,350 | $851,234 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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