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7862 Lakewood DR
Austin, TX, 78750
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$1,245,000
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INCREDIBLE VIEWS!! Current Contract is CONTINGENT please show if your clients are not-contingent strong buyers.This exceptional home has PANORAMIC VIEWS of the Hwy 360 Valley and Rolling Hills that can be seen from all three levels of deck along the back of the house. This is an almost half acre lot that has a large expansive front yard, with tons of mature trees and great curb appeal. The back yard is fantastic with a gorgeous large pool with plenty of decks and mature trees. There is a main floor deck with built in bar and large balcony off the top floor that you can see for miles. The home has an excellent floor plan with a large kitchen, 2 dining areas, a stunning living room and all are open concept. The living room and kitchen are light and bright and feature many picture windows to admire the views. There are 2 full beds and a bath down and two bedrooms up. The Kitchen is large with white cabinets and granite counters, a stone backsplash, a breakfast bar and tons of counter space. The home has many upgrades including, new decks, custom railings, custom front door and garage doors, new windows, and a new water heater to name just a few. The Laundry Room, Pantry, 2 Storage Rooms and oversized garage all offer lots of storage. This home sits on is a beautiful street in Jester a great NW Austin community with its own Swimming Pool, Tennis, Basketball and Playground. Feeds to good AISD schools, Hill, Murchison and Doss. There are few homes that come up in Jester with Panoramic Views like this, you will not want to miss this one.
Property Type
Residential
Year Built
1985
Lot Size
0.46 acres
$/Sq Ft
$485
Garage
2 spaces
Pool
Yes
Listed by Bramlett Residential
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
7862 Lakewood DR is listed at $1,245,000 with 4 bedrooms, 2 full bathrooms, 2,566 square feet, 0.46-acre lot. This places it above the 78750 median of $707,500.
7862 Lakewood DR is zoned for Austin ISD with assigned schools: Hill (8/10) (elementary), Murchison (7/10) (middle), Anderson (7/10) (high). School assignments should be verified directly with the district.
7862 Lakewood DR is a Residential built in 1985 featuring 4 bedrooms, 2 full bathrooms, 2,566 square feet, 0.46-acre lot.
7862 Lakewood 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 7862 Lakewood DR is $14,670. 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
1 record on file
Every recorded sale and lease at 7862 Lakewood 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.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-11.6% | — | $1,029,425 | — | — |
2024-0.9% | — | $1,164,960 | $600,000 | $615,000 |
2023+77.5% | — | $1,176,038 | $600,000 | $564,960 |
2022 | — | $662,551 | $600,000 | $576,038 |
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% ($249K)
$1,245,000
Luxury property intelligence
A sourced read on Jester Point 2 Sec 3 pricing, timing, and property scale. No automated valuation claim.
List price
$1,245,000
Price per sqft
$485/sqft
Vs. Jester Point 2 Sec 3 median
Not available
Days on market
Not available
Original to current
No verified reduction
$1.2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($249,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 7862 Lakewood DR is around $7,683 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,245,000, 7862 Lakewood DR is in the Jester Point 2 Sec 3 market where there are currently 59 active listings in 78750. The Keenan Group has completed 21 transactions in 78750 as part of 1,000+ career sales totaling $1B+ across Austin.
7862 Lakewood DR was built in 1985 (41 years ago). Buyers should budget for potential updates to major systems.
7862 Lakewood DR includes verified waterfront access: None. 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.
7 events on record
Current Price
$1,245,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-11.6% | — | $1,029,425 | — | — |
2024-0.9% | — | $1,164,960 | $600,000 | $615,000 |
2023+77.5% | — | $1,176,038 | $600,000 | $564,960 |
2022 | — | $662,551 | $600,000 | $576,038 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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