#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Tucked behind the gates of the exclusive McCormick Ranch enclave within Steiner Ranch, this contemporary estate offers a rare combination of privacy, scale, and thoughtful design. Set on nearly one acre in a community of just 15 homes, the property captures sweeping Hill Country views while remaining moments from the UT Golf Club.
Built in 2018 by Paradisa Homes, the 5,847-square-foot residence is designed for both everyday living and effortless entertaining. Expansive windows, tall ceilings, and an open layout create a bright, connected feel throughout the main living spaces.
The home includes five bedrooms, five bathrooms, and a single office offering flexibility for a variety of needs. At the center, the kitchen is equipped with Wolf appliances, a Sub-Zero refrigerator, full-size wine fridge, double islands, and under-cabinet lighting, all opening seamlessly to the living and dining areas.
Sliding glass doors extend the living space outdoors to a private setting with a pool and spa, outdoor kitchen, and a fully motorized screened-in porch designed for year-round use. The setting offers a balance of open views and natural privacy, creating a quiet retreat without sacrificing convenience.
Smart home integration provides control of lighting, climate, audio, security, and motorized blackout shades. A dedicated media room adds a comfortable space for entertainment.
Additional features include a garage with 10-foot doors and capacity for up to five vehicles with a lift, fire suppression system, automatic lighting, and a smart water monitoring and shut-off system, fully remodeled media room, custom drapes, wallpaper and sound proofing paneling in the game room. Well positioned within Steiner Ranch, the property offers convenient access to Lake Austin, golf, dining, and outdoor recreation.
Property Type
Residential
Year Built
2018
Lot Size
0.98 acres
$/Sq Ft
$477
HOA
$7,000/year
Garage
5 spaces
Pool
Yes
Listed by eXp Realty, LLC
Verified property facts
901 Cypress Grove DR is listed at $2,790,000 with 5 bedrooms, 4 full, 1 half bathrooms, 5,847 square feet, 0.98-acre lot. This places it above the ZIP 78732 single-family closed-sale median price of $825,000 (ZIP 78732 geography · single-family closed sales · median sale price · trailing 12 months as of Aug 26, 2026).
901 Cypress Grove DR is zoned for Leander ISD with assigned schools: River Ridge (elementary), Canyon Ridge (middle), Vandegrift (high). School assignments should be verified directly with the district.
901 Cypress Grove DR is a Residential built in 2018 featuring 5 bedrooms, 4 full, 1 half bathrooms, 5,847 square feet, 0.98-acre lot.
901 Cypress Grove DR is listed by eXp Realty, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Aug 26, 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
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
2 records on file
Every recorded listing, sale, and lease at 901 Cypress Grove DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change 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 |
|---|---|---|---|---|
2025-10.4% | — | $2,652,526 | — | — |
2024-0.9% | — | $2,961,178 | $450,000 | $2,127,406 |
2023+71.1% | — | $2,987,334 | $450,000 | $2,511,178 |
2022+0.3% | — | $1,745,496 | $450,000 | $2,537,334 |
2021 | — | $1,739,502 | $450,000 | $1,295,496 |
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% ($558K)
Adjustable assumption - not a lending recommendation.
$2,790,000
Luxury property intelligence
A sourced read on Lake Austin pricing, timing, and property scale. No automated valuation claim.
List price
$2,790,000
Price per sqft
$477/sqft
Vs. Neighborhood guide reference price
-48.3%
$5.4M · Lake Austin neighborhood guide · reference price
Days on market
121 days
Original to current
$110K reduction
$2.9M original
Active inventory context
3 listings
Price Position in Lake Austin
Listed 48% below the Lake Austin neighborhood guide reference price. Lake Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 26, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
901 Cypress Grove DR is priced at $477 per square foot across 5,847 sqft. The Lake Austin neighborhood guide reference price is $5,400,000 (Lake Austin neighborhood guide · reference price).
The most recent annual property tax for 901 Cypress Grove DR is $48,556. 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 901 Cypress Grove DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Aug 26, 2026, 901 Cypress Grove DR is offered at $2,790,000. The current MLS snapshot shows 88 active listings in 78732. Keenan Group has completed 5 verified transactions in 78732 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Lake Austin guide for current neighborhood analysis.
901 Cypress Grove DR was built in 2018, making it 8 years old with relatively recent construction.
The MLS listing reports HOA or association dues of $7,000 annual for 901 Cypress Grove 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.
Lake Austin is one of Austin's established neighborhoods, zoned for Leander ISD in the 78732 area. The Keenan Group has specialized in Lake Austin 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)
10 events on record
Current Price
$2,790,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-10.4% | — | $2,652,526 | — | — |
2024-0.9% | — | $2,961,178 | $450,000 | $2,127,406 |
2023+71.1% | — | $2,987,334 | $450,000 | $2,511,178 |
2022+0.3% | — | $1,745,496 | $450,000 | $2,537,334 |
2021 | — | $1,739,502 | $450,000 | $1,295,496 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in McCormick Ranch On Lake Austin
Neighborhood guide and local insights
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.
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