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    • $2,950,000

    10500 Milky Way Dr, Austin, TX 78730

    5beds
    6,261sqft
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    Single Family Residence
    Built in 2005
    1.12 Acres Lot
    $-- Zestimate®
    $471/sqft
    $39/mo HOA

    What's special

    Dramatic stone fireplaceBuilt-in grillOutdoor televisionPrivate officeMicrowave ovenMultiple entertaining areasSoaring spaces
    Set on a beautifully landscaped 1.12-acre homesite in one of Austin’s premier luxury communities, this custom estate offers the rare combination of timeless design, functional living, and resort-style outdoor spaces. From the moment you arrive, the home’s commanding presence and mature landscaping create a sense of privacy and elegance that continues throughout all 6,261 square feet. Designed with both everyday comfort and entertaining in mind, the floor plan lives beautifully with 5 spacious en suite bedrooms, including 3 on the main level and 2 upstairs. The heart of the home is the stunning great room, where soaring spaces and a dramatic stone fireplace create a warm yet sophisticated gathering place. Multiple living and entertaining areas provide incredible flexibility, including formal and casual dining spaces, a private office, downstairs billiards/game room, and an upstairs game room with dedicated media room. The gourmet kitchen opens seamlessly to the living spaces and is equipped for both casual family dinners and large-scale entertaining. Premium stainless appliances include a 48” Wolf range, three ovens, warming drawer, built-in refrigerator, microwave oven, and two beverage refrigerators. An oversized utility room with abundant storage, sink, and additional refrigerator space adds everyday convenience rarely found in luxury homes. Step outside and the property transforms into a true private retreat. Expansive covered patios are designed for year-round enjoyment with a built-in grill, sink, and outdoor television overlooking the resort-style pool and spa. A fire pit and multiple entertaining areas create the perfect setting for everything from quiet evenings under the stars to unforgettable gatherings with family and friends. This is Austin Hill Country living at its finest, yet only 14 miles to downtown Austin.
    49 days
    |
    787
    |
    30
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy Brossette (512) 913-8940,

    Keller Williams - Lake Travis (512) 263-9090

    Source: Unlock MLS,MLS#: 2381013MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      • Main level bedrooms: 3
      Primary bedroom
      • Features: High Ceilings, Recessed Lighting, Two Primary Closets, Walk-In Closet(s)
      • Level: Main
      Heating
      • Central, Fireplace(s), Forced Air, Natural Gas
      Cooling
      • Ceiling Fan(s), Central Air, Electric
      Appliances
      • Included: Bar Fridge, Built-In Electric Oven, Built-In Gas Range, Built-In Oven(s), Built-In Refrigerator, Convection Oven, Cooktop, Dishwasher, Disposal, Microwave, RNGHD, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Gas Water Heater, Wine Refrigerator
      Features
      • Bar, Built-in Features, Ceiling Fan(s), Beamed Ceilings, Cathedral Ceiling(s), Tray Ceiling(s), Vaulted Ceiling(s), Chandelier, Granite Counters, Gas Dryer Hookup, In-Law Floorplan, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Study/Home Office, Walk-In Closet(s), Washer Hookup, Wired for Sound
      • Flooring: Carpet, Tile, Wood
      • Windows: Drapes, Insulated Windows, Screens, Window Treatments
      • Number of fireplaces: 3
      • Fireplace features: Fire Pit, Gas, Great Room, Masonry, Outside, Raised Hearth
      Interior area
      • Total interior livable area: 6,261 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Garage, Garage Door Opener, Garage Faces Side, Guest
      • Attached garage spaces: 3
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Front Porch, Patio, Porch, Rear Porch
      • Exterior features: Gas Grill, Gutters Full, Outdoor Grill
      • Has private pool: Yes
      • Pool features: Fiberglass, Gunite, In Ground, Outdoor Pool, Pool Sweep, Pool/Spa Combo
      • Spa features: Gunite, Hot Tub, In Ground
      • Fencing: Masonry, Stone, Wrought Iron
      • Has view: Yes
      • View description: None
      • Waterfront features: None
      Lot
      • Size: 1.12 Acres
      • Features: Curbs, Landscaped, Sprinkler - Automatic, Sprinkler - Back Yard, Sprinklers In Front, Sprinkler - In-ground, Sprinkler - Side Yard, Trees-Heavy
      Details
      • Additional structures: None
      • Parcel number: 01503002080000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Resale
      • New construction: No
      • Year built: 2005

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Available, Underground Utilities, Water Connected

      Community & HOA

      Community
      • Features: Common Grounds, Curbs, Fishing, Golf, Park, Picnic Area, Playground, Sport Court(s)/Facility, Tennis Court(s), Underground Utilities
      • Subdivision: Preserve At River Place Sec 02
      HOA
      • Has HOA: Yes
      • Services included: Common Area Maintenance, Insurance
      • HOA fee: $462 annually
      • HOA name: River Place Residential Community Association
      Location
      • Region: Austin

      Financial & listing details

      • Price per square foot: $471/sqft
      • Tax assessed value: $2,005,508
      • Annual tax amount: $41,366
      • Date on market: 6/2/2026
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/2/2026Listed for sale$2,950,000+91.7%$471/sqft
        Source: Unlock MLS #2381013 Report a problem
        8/6/2014Listing removed$1,539,200$246/sqft
        Source: HomeCity Real Estate #1679321 Report a problem
        8/1/2014Listed for sale$1,539,200-8.7%$246/sqft
        Source: HomeCity Real Estate #1679321 Report a problem
        5/1/2014Sold--
        Source: Agent Provided Report a problem
        4/15/2014Pending sale$1,685,000$269/sqft
        Source: HomeCity #1679321 Report a problem
        2/23/2014Listed for sale$1,685,000$269/sqft
        Source: HomeCity #1679321 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$38,660 -5.8%$2,005,508 -8.1%
        2024$41,045 +13%$2,181,655 +10%
        2023$36,321 -1.6%$1,983,323 +10%
        2022$36,921 $1,803,021 +10%
        2021-- $1,639,110 +10%
        2020$35,274 +0.7%$1,490,100 -2.3%
        2019$35,012 -0.4%$1,524,610 +0.2%
        2018$35,154 $1,520,983 +2.8%
        2017$35,154 +5.5%$1,479,294 -2%
        2016$33,332 $1,508,765 -0.6%
        2015$33,332 $1,517,682 +15.4%
        2014$33,332 $1,314,899 +10%
        2013-- $1,195,363 +10%
        2012-- $1,086,694 -10.2%
        2011-- $1,209,741
        2010-- $1,209,741 -10.4%
        2009-- $1,350,000 -5.7%
        2008-- $1,432,038 -4.8%
        2007-- $1,503,639
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: River Place

        Getting around

        25 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: River Place
        • Middle: Four Points
        • High: Vandegrift
        • District: Leander ISD

        Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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