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5 bed, 3 bath, 3,412 sqft on 0.26 acres in Serene Hills. Austin, TX 78738. $1,150,000. Lake Travis ISD.
Nestled in the highly desirable Serene Hills community, this exceptional 5-bedroom home offers over 3,400 square feet of thoughtfully designed living space. The meticulously landscaped lot, dotted with mature native oak trees, creates a picturesque setting while adding both shade and character. Step inside to be welcomed by rich, wide-plank hardwood floors that set a warm and inviting tone. The chef’s kitchen is a true showstopper, featuring premium Viking appliances, quartz countertops, an oversized center island and a generously sized pantry—perfect for culinary enthusiasts. The main level boasts a functional layout with both the primary suite and a private guest suite, offering flexibility and convenience. Upstairs, updated flooring leads to three additional spacious bedrooms and a versatile flex space with enchanting treetop views. The wet bar makes it an ideal spot for relaxation or entertaining. Back downstairs, the family room opens effortlessly to the backyard through sliding glass doors, where you can lower the automatic patio shade to enjoy seamless indoor-outdoor living. With no steps to the flat backyard and beautiful lush landscaping the space provides easy living, complete with a newly added patio area and a built-in outdoor kitchen equipped with a wet bar, sink, beverage refrigerator and grill—perfect for hosting gatherings or quiet evenings under the stars. A three-car garage and extended driveway provide ample parking for family and guests. This home is both comfortable and elegant, designed to cater to both everyday living and memorable entertaining. Conveniently located just steps from the community park that will be undergoing a major renovation in the near future, close to the trailhead to the miles of hiking and biking trails and easy access to Hwy 71, multiple area golf courses and Lake Travis. Zoned to acclaimed Serene Hill Elementary within Lake Travis ISD.
Verified property facts
712 Crestone Stream DR is listed at $1,150,000 with 5 bedrooms, 3 full, 2 half bathrooms, 3,412 square feet, 0.26-acre lot. This places it above the ZIP 78738 single-family closed-sale median price of $858,617 (ZIP 78738 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 25, 2026).
712 Crestone Stream DR is zoned for Lake Travis ISD with assigned schools: Serene Hills (elementary), Lake Travis (middle), Lake Travis (high). School assignments should be verified directly with the district.
712 Crestone Stream DR is a Residential built in 2014 featuring 5 bedrooms, 3 full, 2 half bathrooms, 3,412 square feet, 0.26-acre lot.
712 Crestone Stream DR is listed by Compass RE Texas, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using public records data reviewed as of Jul 1, 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
3 records on file
Every recorded listing, sale, and lease at 712 Crestone Stream DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Pending 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 |
|---|---|---|---|---|
2025-1.0% | — | $1,114,111 | — | — |
2024-1.0% | — | $1,125,000 | $200,000 | $980,000 |
2023+36.9% | — | $1,136,362 | $200,000 | $1,266,288 |
2022+9.8% | — | $830,153 | $200,000 | $936,362 |
2021 | — | $756,324 | $100,000 | $730,153 |
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% ($230K)
Adjustable assumption - not a lending recommendation.
$1,150,000
Luxury property intelligence
A sourced read on Serene Hills pricing, timing, and property scale. No automated valuation claim.
List price
$1,150,000
Price per sqft
$337/sqft
Vs. Neighborhood guide reference price
-9.4%
$1.3M · Serene Hills neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$1.2M original
Active inventory context
5 listings
Price Position in Serene Hills
Listed 9% below the Serene Hills neighborhood guide reference price. Serene Hills neighborhood guide · reference price.
Source: Public records and Keenan Group review as of Jul 1, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Serene Hills
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
712 Crestone Stream DR is priced at $337 per square foot across 3,412 sqft. The Serene Hills neighborhood guide reference price is $1,270,000 (Serene Hills neighborhood guide · reference price).
The most recent annual property tax for 712 Crestone Stream DR is $21,354. 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 712 Crestone Stream DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jul 1, 2026, 712 Crestone Stream DR is offered at $1,150,000. The current MLS snapshot shows 202 active listings in 78738. Keenan Group has completed 30 verified transactions in 78738 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Serene Hills guide for current neighborhood analysis.
The MLS listing reports HOA or association dues of $255 quarterly for 712 Crestone Stream DR. 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.
Serene Hills is one of Austin's established neighborhoods, zoned for Lake Travis ISD in the 78738 area. The Keenan Group has specialized in Serene Hills 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.
5 events on record
Current Price
$1,150,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-1.0% | — | $1,114,111 | — | — |
2024-1.0% | — | $1,125,000 | $200,000 | $980,000 |
2023+36.9% | — | $1,136,362 | $200,000 | $1,266,288 |
2022+9.8% | — | $830,153 | $200,000 | $936,362 |
2021 | — | $756,324 | $100,000 | $730,153 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Sold Price |
|---|---|
| 603 Anfield CIR | $860K |
| 12309 Carlsbad DR | $1.54M |
| 13802 Yellow Bell BND Unit #17 | $600K |
| 15504 Cabrillo WAY | $875K |
| 5812 Davenport Divide RD | $1.25M |
| 14501 Falcon Head BLVD Unit #16 | $575K |
| 2801 Fortuna DR | $627K |
| 16512 Leopold TRL | $1.05M |
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Neighborhood guide and local insights
Serene Hills is a 339-home community in Bee Cave where roughly 75 percent of the land was left as preserved green space. That means the neighborhood has more acres of open terrain than residential lots. That ratio is not typical for the price point. Most Bee Cave and Lakeway communities maximize lot yield. Serene Hills went the other direction, and the result is houses that sit in the landscape rather than covering it. The community is in Bee Cave within the 78738 zip code, along Bee Cave Parkway between Highway 71 and Hamilton Pool Road. Downtown Austin is roughly 25 minutes east via Highway 71 to MoPac. The Bee Cave commercial corridor with H-E-B and Hill Country Galleria is about five minutes away. Lakeway is approximately ten minutes west. Falconhead borders to the south and Sweetwater to the north and east. Housing was built primarily between 2014 and 2020. Contemporary Hill Country architecture dominates at roughly 40 percent, with native stone, stucco, metal roof accents, and oversized windows that take advantage of the green space views. Modern Farmhouse designs account for about 25 percent. Mediterranean influences appear in about 15 percent. Lot sizes range from a quarter acre to over half an acre on perimeter lots backing to preserved land. Pricing runs from the high $700s to over $2 million. The active market for a four-bedroom falls between $1 million and $1.6 million. Lake Travis ISD serves Serene Hills. Students attend Bee Cave Elementary, Lake Travis Middle, and Lake Travis High. The district is well-regarded for academics, athletics, and extracurriculars. The tax base from Bee Cave and Lakeway commercial development supports teacher compensation and facilities. The elementary campus is close enough that the morning drop-off is brief, a practical detail that matters more to daily life than rankings. With 339 homes, residents know neighbors by name. That is not a figure of speech. Community events, the pool, and trails create enough recurring contact for relationships to form naturally. Internal trails connect to Bee Cave Park Loop for longer outings. For dining, Tadashi serves Japanese cuisine with quality ingredients. Cafe Blue offers polished seafood. SP Brazilian handles special occasions. CARVE American Grille brings straightforward steaks and cocktails. The Grove Wine Bar works for quieter weeknights. Restaurant density in Bee Cave has reached the point where residents eat out several nights without repeating. Compared to Rough Hollow, which is four times the size with a marina, Serene Hills offers a quieter experience with more breathing room and tighter social fabric. Compared to Sweetwater nearby, Serene Hills is smaller with more preserved natural terrain. Sweetwater offers more resort-style pools and a wider price range. Compared to Falconhead with its golf course, Serene Hills replaces golf with green space. No golf course, no marina, no lazy river. What it has is land that was left alone. Serene Hills is for buyers who have looked at the large master-planned communities and decided they want something quieter. If 339 homes is the right scale, if you would rather look at open Hill Country than a roofline, and if Lake Travis ISD and a 25-minute commute check the practical boxes, this delivers. It works for families with young children who want kids growing up together, and couples wanting Bee Cave without the density. The green space is the product. Everything else is built around preserving it.
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