#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
— bed, — bath on 2.00 acres in Steiner Ranch. Austin, TX 78732. $6,750,000. Leander ISD.
Welcome to 924 Cypress Grove Drive, a prime real estate opportunity nestled along the serene shores of Lake Austin. This expansive 2-acre property presents an unparalleled canvas for crafting the home of your dreams. Boasting +/-150’ of waterfront, this parcel offers a rare and coveted connection to the picturesque lake, inviting you to embrace a lifestyle defined by tranquility, privacy, and natural beauty. Seize the chance to build a modern lakefront estate with Sam Burch plans for a luxurious, contemporary residence designed to harmonize seamlessly with the natural beauty of its surroundings. Meticulously crafted and engineered plans for a private boat dock and limestone bulkhead are included, with permits ready to be reactivated to begin construction. The lot is cleared, with water, sewer, power, and internet all installed, while water well and lake water draws are permissible. Approximately $650,000 has already been invested in design and development. Imagine enjoying the convenience of having your own waterfront retreat, where serene days on Lake Austin are just steps away. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.
Steiner Ranch is a 4,600-acre master-planned community in 78732, built along the bluffs above Lake Austin and Lake Travis. Median home price $800K. Leander ISD schools (Laura Bush Elementary, Canyon Ridge Middle, Vandegrift High), three resort-style community pools, 20+ miles of trails, and private Lake Austin access via the Lake Club.
Around 6,500 homes across multiple sections, built from the late 1990s through today. Housing ranges from $500K townhomes to $2M+ estates backing to the UT Golf Club (Roy Bechtol championship course, 7,412 yards). The community is fully built out in most sections, with limited new construction remaining.
Daily life revolves around being outside. Trail runners hit J Canyon and Powerline Hill loops before work. The Lake Club gives residents private boat launch access with eleven day-use docks on Lake Austin. Lake Travis is five minutes from the community entrance. Steiner Ranch Steakhouse — panoramic lake views, live music seven nights a week — is the social center.
What makes Steiner Ranch the value play for lake-adjacent living: resort-level amenities at a fraction of Lake Austin waterfront pricing, strong schools, and a community infrastructure (pools, trails, golf, lake access) that most master-planned developments can't match. The tradeoff is the 620 commute — 25-35 minutes to downtown depending on traffic.
School District: Leander ISD
View Steiner Ranch neighborhood guideVerified property facts
924 Cypress Grove Dr is listed at $6,750,000 with 0 bedrooms, 2.00-acre lot. This places it above the ZIP 78732 single-family closed-sale median price of $827,000 (ZIP 78732 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 6, 2026).
924 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.
The most recent annual property tax for 924 Cypress Grove Dr is $34,853. 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 924 Cypress Grove Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.
25+ years advising buyers and sellers in this community
Listing information last updated October 1, 2026.
Listed by Moreland Properties
MLS# 7330463 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
2 records on file
Every recorded listing, sale, and lease at 924 Cypress Grove 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.
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.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-07T14:07:10.304+00:00; normalized from annual dues.
20% ($1.4M)
Adjustable assumption - not a lending recommendation.
$6,750,000
Luxury property intelligence
A sourced read on Steiner Ranch pricing, timing, and property scale. No automated valuation claim.
List price
$6,750,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
+744.3%
$799.5K · Steiner Ranch neighborhood guide · reference price
Days on market
6 days
Original to current
No verified reduction
$6.8M original
Active inventory context
35 listings
Price Position in Steiner Ranch
Listed 744% above the Steiner Ranch neighborhood guide reference price. Steiner Ranch neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 7, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
As of Oct 7, 2026, 924 Cypress Grove Dr is offered at $6,750,000. The current MLS snapshot shows 78 active listings in 78732. Keenan Group has completed 10 verified transactions in 78732 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Steiner Ranch guide for current neighborhood analysis.
The MLS listing marks 924 Cypress Grove Dr as waterfront. The reported waterfront feature is Lake Front, Lake Privileges, River Front, Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $7,000 annual for 924 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.
Steiner Ranch is one of Austin's established neighborhoods, zoned for Leander ISD in the 78732 area. The Keenan Group has specialized in Steiner Ranch 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
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.
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Neighborhood guide and local insights
Steiner Ranch is a 4,600-acre master-planned community in 78732, built along the bluffs above Lake Austin and Lake Travis. Median home price $800K. Leander ISD schools (Laura Bush Elementary, Canyon Ridge Middle, Vandegrift High), three resort-style community pools, 20+ miles of trails, and private Lake Austin access via the Lake Club. Around 6,500 homes across multiple sections, built from the late 1990s through today. Housing ranges from $500K townhomes to $2M+ estates backing to the UT Golf Club (Roy Bechtol championship course, 7,412 yards). The community is fully built out in most sections, with limited new construction remaining. Daily life revolves around being outside. Trail runners hit J Canyon and Powerline Hill loops before work. The Lake Club gives residents private boat launch access with eleven day-use docks on Lake Austin. Lake Travis is five minutes from the community entrance. Steiner Ranch Steakhouse — panoramic lake views, live music seven nights a week — is the social center. What makes Steiner Ranch the value play for lake-adjacent living: resort-level amenities at a fraction of Lake Austin waterfront pricing, strong schools, and a community infrastructure (pools, trails, golf, lake access) that most master-planned developments can't match. The tradeoff is the 620 commute — 25-35 minutes to downtown depending on traffic.
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