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5 bed, 3 bath, 3,412 sqft on 0.26 acres in Serene Hills. Austin, TX 78738. Last listed at $1,150,000, sold June 30, 2026. Lake Travis ISD.
About This Home
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.
At 712 Crestone Stream Drive in the Serene Hills subdivision of Austin's 78738 zip code, this 3,412-square-foot residence commands attention from the moment you enter through its formal foyer. Built in 2014, the home spans five bedrooms across a thoughtfully proportioned floor plan that honors both intimate living and grand entertaining. Wide-plank hardwood flooring anchors the main level with warmth and establishes the architectural language throughout-a quality that persists through vaulted ceilings, exposed beams, and natural woodwork that signal uncompromising construction standards.
The kitchen functions as the estate's culinary command center. Viking appliances, quartz countertops, a substantial island with seating, and a walk-in pantry create a space designed for serious cooking and casual family life. A wet bar positioned nearby bridges the transition from dining to entertaining, while recessed lighting and a gas cooktop with stainless steel appliances maintain the home's refined utility. The primary bedroom claims its own wing on the main level, complete with a soaking tub, double vanity, and walk-in closet-a private sanctuary disconnected from the flow of daily activity.
The entertainment spine flows seamlessly toward the rear of the home. Sliding glass doors open from the family room onto a substantial covered patio with automated shade control, creating a flexible outdoor room. The backyard itself is a curator's achievement: an outdoor kitchen equipped with built-in grill, wet bar, sink, and beverage refrigerator allows hosting to extend naturally into evening hours. The level, landscaped lot features mature native oak trees and automatic sprinklers, eliminating maintenance friction while preserving privacy. A three-car garage and extended driveway provide practical parking for a household that entertains.
Upstairs, three additional bedrooms and a flex space with treetop views offer configuration options for growing families or visiting guests. Lake Travis ISD schools serve the address, with Serene Hills Elementary, Lake Travis Middle, and Lake Travis High all assigned. The location positions residents near Highway 71 for commuting, within proximity to regional golf courses and Lake Travis itself, and adjacent to community trails. At $337 per square foot on a 0.257-acre lot, the property delivers five-bedroom scale at a measured price point. After 17 days on market, 712 Crestone Stream Drive remains available for buyers seeking established neighborhood character with modern entertaining capability.
The numbers behind this insight
Serene Hills market
- Homes sold
- 19
- Median sale price
- $1,268,000
- Median price per sq ft
- $379
- Median days on market
- 41
- Homes for sale now
- 4
- Months of supply
- 2.5
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.
School District: Lake Travis ISD
View Serene Hills neighborhood guide- Property Type
- Residential
- Year Built
- 2014
- Lot Size
- 0.26 acres
- Price / Sq Ft
- $337
- HOA
- $255/quarter
- Garage
- 3 spaces
Listing information last updated June 10, 2026.
Listed by Compass RE Texas, LLC
MLS# 7706186 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Built-in Features
- Ceiling Fan(s)
- Beamed Ceilings
- Ceiling-High
- Tray Ceiling(s)
- Ceiling-Vaulted
- Chandelier
- Quartz Counters
- Double Vanity
- Eat-in Kitchen
- Entrance Foyer
- Interior Steps
- Kitchen Island
- Multiple Living Areas
- Natural Woodwork
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Soaking Tub
- Storage
- Walk-In Closet(s)
- Wet Bar
- Built-In Oven(s)
- Dishwasher
- Disposal
- Gas Cooktop
- Microwave
- Plumbed For Ice Maker
- RNGHD
- Stainless Steel Appliance(s)
- Water Heater
- Wine Refrigerator
- Carpet
- Tile
- Wood
- Heating
- Central,Natural Gas
- Cooling
- Ceiling Fan(s),Central Air
- Fireplaces
- 1
Exterior & Lot
- Barbecue
- Gas Grill
- Gutters Full
- Lighting
- No Exterior Steps
- Outdoor Grill
- Private Yard
- Masonry – All Sides
- Stone
- Stucco
- Back Yard
- Curbs
- Front Yard
- Landscaped
- Level
- Native Plants
- Sprinkler - Automatic
- Trees-Medium (20 Ft - 40 Ft)
- Fenced
- Wrought Iron
- Slab
- Covered
- Enclosed
- Front Porch
- Patio
- Rear Porch
- Screened
- Roof
- Composition,Shingle
- Lot Size
- 0.26 Acres
- Attached
- Door-Multi
- Driveway
- Garage
- Garage Door Opener
- Garage Faces Front
- Inside Entrance
- Kitchen Level
- Lighted
- Garage Spaces
- 3
Financial
- HOA Fee
- $255 / quarter
- Original List Price
- $1,150,000
- Price per Sq Ft
- $337
Utilities
- Cable Available
- Electricity Available
- High Speed Internet
- Natural Gas Available
- Phone Available
- Sewer Available
- Water Available
- Water Source
- MUD
- Sewer
- MUD
Transaction History
2 records on file
Every recorded listing, sale, and lease at 712 Crestone Stream DR, whoever represented it.
- SoldFebruary 21, 2024Listed at: $1,249,000MLS 8719055
- SoldMarch 12, 2021Listed at: $980,000MLS 9712655
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Pending with current price, original ask, and market time.
- Current list
- $1,150,000
- Original list
- $1,150,000
- Price movement
- No verified reduction
- Listed / DOM
- May 7, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,114,111
- Assessment Year
- 2025
- Year Built
- 2014
- Parcel ID
- 000000818699
| 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 |
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Zoned Schools & District Context
Lake Travis
Bee Cave Middle School
Serene Hills
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($230K)
Adjustable assumption - not a lending recommendation.
$1,150,000
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Keenan Market Position
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
-9.3%
$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
4 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.
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Serene Hills Neighborhood Guide
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