6708 Leprechaun Dr, Austin, TX 78746

FIRST TIME ON THE MARKET IN OVER 40 YEARS! This might just be the MOST VALUABLE and UNIQUE property in all of Rivercrest, a Lake Austin waterfront neighborhood with a vibe and community that is unbeatable. The flat property has over 175 feet of main body waterfront. Where else can you walk out your front door and join the walkers, joggers, bikers, dogs and walk out your back door to enjoy lake living with all its activities, views, and entertainment? Grab your coffee and sit on the oversized deck with panoramic views and watch the swans fly by. Or start the day by grabbing your waterski, paddle board or fishing rod and tap into the lake lifestyle. The house could be a remodel or teardown candidate, but the value is in the land, the generous lake frontage, location on the private Leprechaun Drive cul de sac, and the pre-existing double slip boat dock. Here's your chance to LIVE LIFE LAKESIDE in the most sought-after neighborhood in all of Austin! Rivercrest is not just a street, it's a lifestyle. Just when you thought it couldn't get any better, it's also located in Eanes ISD and minutes from Jack Allen's Kitchen...Come make your dreams come true; what a great start to 2023!

Lake Austin is Austin's most exclusive waterfront corridor - 22 miles of constant-level shoreline in 78732, 15 minutes from downtown. Waterfront homes start around $4M and trophy lots with 200+ feet of flat shoreline trade at $15M-$35M+. The lake is controlled by Tom Miller Dam, which maintains consistent water levels year-round - the key advantage over seasonal Lake Travis.

This is one of Austin's thinnest markets. Roughly 22 miles of total shoreline, and at any given time only 3-5 homes are actively listed. Many of the best lots trade privately through agent relationships before they ever reach the MLS. The finite supply creates a structural price floor that insulates Lake Austin from broader market cycles.

Buyers here want water access as daily life, not a weekend plan. Morning paddleboard, afternoon ski run, burgers at Ski Shores by boat, sunset from your own dock watching Hill Country ridgelines. The practical side matters too: you are inside Austin city limits with full services, 15 minutes from downtown, 10 from the Domain.

Four Seasons Private Residences is under development on 145 acres with 188 planned homes - the first significant new inventory since the lake was established. Eanes ISD and Leander ISD serve different sections of the corridor, both with strong school ratings.