Loading
#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
908 Cypress Grove is listed for $2,575,000 and includes 6 bedrooms, 4 full baths, 5,639 square feet, 0.99 acres.
908 Cypress Grove is in the Lake Austin area of Austin, Texas.
908 Cypress Grove is associated with Leander ISD. School assignments should always be verified directly with the district before relying on them.
908 Cypress Grove is a Residential built in 2018 with 6 bedrooms, 4 full baths, 5,639 square feet, 0.99 acres.
908 Cypress Grove is listed at $2,575,000, -52.3% versus the available Lake Austin median of $5,400,000, with a price-per-square-foot of $457.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Price Change with current price, original ask, and market time.
Tucked within the exclusive gated enclave of McCormick Ranch on Lake Austin, this private estate offers a rare opportunity to own in one of Austin’s most tightly held luxury communities with a limited collection of custom homes and close proximity to Lake Austin. Residents enjoy a quiet, secure setting just minutes from the UT Golf Club, River Place Country Club, and the shopping, dining, and waterfront lifestyle along 620, Four Points, and Lakeway.
Set on nearly a full acre with Hill Country and lake views, this Paradisa-built residence features a flexible layout with 6 bedrooms, 4 full baths, multiple living and dining areas, and a private office. Soaring ceilings and expansive glass doors and windows flood the home with natural light while creating a seamless indoor-outdoor connection.
The chef’s kitchen impresses with a massive 13 ft quartz island, Wolf appliances, Sub-Zero, full size wine fridge, custom cabinetry, and generous prep space, all opening to the main living areas for effortless entertaining. The primary suite offers a private retreat with spa-inspired bath, dual vanities, soaking tub, walk-in shower, and an expansive boutique-style closet with dressing and fit check area.
A main level flex room serves as a bedroom, second office, or guest space, while an additional room near the primary suite opens to a private patio, ideal as a secluded study, lounge, or pet retreat. Upstairs, the media room opens to a covered balcony capturing sweeping Hill Country and lake views.
The outdoor living is designed for both entertaining and everyday enjoyment with a heated pool and spa, multiple covered patios, and a fully equipped outdoor kitchen that extends the living space outdoors. A rare oversized boat/RV garage with dual access doors adds exceptional functionality.
This is more than a home, it is a private Lake Austin lifestyle offering space, design, and seamless indoor-outdoor living, ideal as a primary residence or luxury second home.
Property Type
Residential
Year Built
2018
Lot Size
0.99 acres
$/Sq Ft
$457
HOA
$7000/mo
Garage
8 spaces
Pool
Yes
Listed by Outlaw Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-9.9% | — | $2,583,126 | — | — |
2024-6.8% | — | $2,866,272 | $450,000 | $2,040,003 |
2023+71.8% | — | $3,076,303 | $450,000 | $2,416,272 |
2022+0.7% | — | $1,790,925 | $450,000 | $2,626,303 |
2021 | — | $1,778,822 | $450,000 | $1,340,925 |
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% ($515K)
$2,575,000
Luxury property intelligence
A sourced read on Lake Austin pricing, timing, and property scale. No automated valuation claim.
List price
$2,575,000
Price per sqft
$457/sqft
Vs. Lake Austin median
-52.3%
$5.4M median
Days on market
10 days
Original to current
No verified reduction
$2.6M original
Active inventory context
3 listings
Price Position in Lake Austin
Listed 52% below the Lake Austin median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 29, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Lake Austin
Active listings and buyer search context in Lake Austin
ZIP-level inventory, pricing, and Austin market data
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
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
$2,575,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-9.9% | — | $2,583,126 | — | — |
2024-6.8% | — | $2,866,272 | $450,000 | $2,040,003 |
2023+71.8% | — | $3,076,303 | $450,000 | $2,416,272 |
2022+0.7% | — | $1,790,925 | $450,000 | $2,626,303 |
2021 | — | $1,778,822 | $450,000 | $1,340,925 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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.
Looking for more homes in Lake Austin?
Contact an Expert →Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in McCormick Ranch On Lake Austin
Active listings near 908 Cypress Grove
Recent sales for market context
$3.00M
901 Cypress Grove Dr
$2.60M
832 Cypress Grove Dr
$3.69M
833 Cypress Grove Dr
$3.25M
809 Cypress Grove Dr
$2.29M
1320 Morning Moon Cir
$1.80M
1300 Morning Moon Cir
