#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Welcome to 707 Moonlight Bay, a stunning 2.68-acre homesite that captures the very best of Texas Hill Country living. Situated in the exclusive gated community of The Coves on Lake Travis, this property offers breathtaking Hill Country views and a setting surrounded by the natural beauty of Spicewood and the sparkling waters of Lake Travis. This pristine land offers a unique canvas to create your dream home, tailored to your lifestyle, surrounded by the beauty of rolling hills, majestic oak trees, and stunning lake views that define this remarkable area. The Coves on Lake Travis is a boutique waterfront neighborhood where residents enjoy privacy, tranquility, and thoughtfully designed amenities. A small private marina makes it easy to launch onto Lake Travis for boating and water sports, while a waterfront park and gazebo with cooking stations and picnic tables provide a scenic spot to gather with family and friends. For recreation on land, the community offers pickleball and tennis courts as well as walking trails that wind through the Hill Country landscape, allowing you to soak in the natural surroundings. Beyond the community, you’ll love being part of Spicewood—a peaceful corner of the Hill Country known for its wineries, rolling hills, and wide-open skies—while also enjoying the convenience of nearby Lakeway, the Hill Country Galleria, and all the shopping, dining, and entertainment of Austin. Families will also appreciate that the property is located within the highly acclaimed Lake Travis Independent School District. Whether you’re envisioning a private weekend escape or a full-time residence, 707 Moonlight Bay offers a unique opportunity to secure acreage in one of the most sought-after waterfront communities on Lake Travis. This 2.68-acre lot is the perfect canvas to create your Hill Country dream home, where the unmatched beauty of Spicewood and Lake Travis become part of your everyday view.
Property Type
Land
Lot Size
2.68 acres
HOA
$1775/mo
Listed by Douglas Elliman Real Estate
Property Details
Lot Features
Waterfront
Verified property facts
707 Moonlight Bay DR is zoned for Lake Travis ISD with assigned schools: West Cypress Hills (8/10) (elementary), Bee Cave Middle School (8/10) (middle), Lake Travis (8/10) (high). School assignments should be verified directly with the district.
707 Moonlight Bay 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 707 Moonlight Bay DR is $7,187. 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.
With 20% down ($95,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 707 Moonlight Bay DR is around $3,064 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
2 records on file
Every recorded sale and lease at 707 Moonlight Bay DR, 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.
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% ($95K)
$475,000
Luxury property intelligence
A sourced read on Coves On Lake Travis The Ph 1 pricing, timing, and property scale. No automated valuation claim.
List price
$475,000
Price per sqft
Not available
Vs. Coves On Lake Travis The Ph 1 median
Not available
Days on market
361 days
Original to current
$175K reduction
$650K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 21, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $475,000, 707 Moonlight Bay DR is in the Coves On Lake Travis The Ph 1 market where there are currently 240 active listings in 78669. The Keenan Group has completed 9 transactions in 78669 as part of 1,000+ career sales totaling $1B+ across Austin.
707 Moonlight Bay DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
707 Moonlight Bay DR is part of a managed community with HOA dues of $1,775 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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.
Best Match
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