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For sale
  • $2,995,000

    12885 Park Drive, Austin, TX 78732

    5beds
    4,036sqft
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    Single Family Residence, Residential
    Built in 2022
    0.26 Acres Lot
    $-- Zestimate®
    $742/sqft
    $-- HOA

    What's special

    Pool and spaIconic sunsetsGlass-enclosed wine roomPremium appliancesCovered and open-air terracesMarble countertops
    Panoramic Lake Travis & Hill Country views, iconic sunsets, close proximity to the water - without waterfront pricing. Built in 2022, this contemporary residence is less than one mile from Marshall Ford Marina & minutes from The Oasis, offering convenient access to boating, dining, & lake recreation. Designed for indoor-outdoor living, expansive terraces span multiple levels. Outdoor spaces include covered & open-air terraces, pool & spa, & rooftop patio designed for sunset entertaining. Floor-to-ceiling windows frame the surrounding landscape. The open-concept main level opens to the outdoor living area, connecting living, dining, and kitchen areas - ideal for entertaining.The chef's kitchen features a large center island, marble countertops, premium appliances, and a large butler's pantry. A fireplace, glass-enclosed wine room, and wet bar add architectural interest. A private guest suite with full bath is located on the main level, & a 3-stop elevator provides access to all floors. The primary suite includes a private balcony overlooking Lake Travis and spa-style bath with dual vanities, soaking tub, walk-in shower, & two closets including an oversized boutique-style walk-in. Additional en-suite bedrooms offer privacy for guests. A dedicated study can function as a fifth bedroom. Public water access, nearby marinas, golf, dining & shopping are all minutes away with Downtown Austin & the Domain ~20 minutes away. Potential short term rental use, subject to buyer verification of current regulations.
    139 days
    |
    1,653
    |
    133
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Monica Fabbio 512-825-8891,

    Christies Intl Real Estate Lone Star

    Source: HLMLS as distributed by MLS GRID,MLS#: 176766MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Dining Room, Foyer, Kitchen, Laundry, Living Room, Study/Office, Utility Room Inside
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Refrigerator, Cooktop
      Features
      • Pantry, Recessed Lighting
      • Flooring: Marble, Tile
      • Number of fireplaces: 1
      • Fireplace features: One
      Interior area
      • Total structure area: 4,036
      • Total interior livable area: 4,036 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: 3+ Car Attached Garage, Front Entry, Side Entry
      • Has attached garage: Yes
      Features
      • Stories: 3
      • Patio & porch: Covered, Patio
      • Exterior features: Balcony
      • Has private pool: Yes
      • Pool features: Private
      • Fencing: Wood,Fenced
      • Has view: Yes
      • View description: Hill Country, Lake, Panoramic
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: No
      Lot
      • Size: 0.26 Acres
      • Features: Landscaped
      Details
      • Parcel number: 154049
      • Zoning: SF-2

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Custom
      • Property subtype: Single Family Residence, Residential
      Materials
      • Wood Siding, Stucco
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Year built: 2022

      Utilities & green energy

      • Water: MUD
      Green energy
      • Energy efficient items: Ceiling Fan(s)

      Community & HOA

      Community
      • Subdivision: Out of Area
      HOA
      • Has HOA: No
      Location
      • Region: Austin

      Financial & listing details

      • Price per square foot: $742/sqft
      • Tax assessed value: $1,900,000
      • Annual tax amount: $31,256
      • Date on market: 3/3/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/14/2026Price change$13,500-3.6%$3/sqft
        Source: Unlock MLS #7513010 Report a problem
        6/11/2026Listed for rent$14,000-6.7%$3/sqft
        Source: Unlock MLS #7513010 Report a problem
        4/21/2026Price change$2,995,000-1.8%$742/sqft
        Source: Unlock MLS #1084763 Report a problem
        3/26/2026Price change$3,050,000-4.7%$756/sqft
        Source: Unlock MLS #1084763 Report a problem
        2/15/2026Listed for sale$3,200,000$793/sqft
        Source: Unlock MLS #1084763 Report a problem
        11/10/2025Listing removed$15,000$4/sqft
        Source: Unlock MLS #1253746 Report a problem
        11/8/2025Listing removed$3,200,000$793/sqft
        Source: Unlock MLS #7585431 Report a problem
        9/19/2025Price change$3,200,000-8.6%$793/sqft
        Source: Unlock MLS #7585431 Report a problem
        9/7/2025Price change$15,000+25%$4/sqft
        Source: Unlock MLS #1253746 Report a problem
        8/28/2025Listed for rent$12,000$3/sqft
        Source: Unlock MLS #1253746 Report a problem
        2/14/2025Listed for sale$3,500,000+2.9%$867/sqft
        Source: Unlock MLS #7585431 Report a problem
        12/13/2024Listing removed$3,400,000$842/sqft
        Source: Unlock MLS #8909658 Report a problem
        11/22/2024Listed for sale$3,400,000+112.5%$842/sqft
        Source: Unlock MLS #8909658 Report a problem
        7/28/2021Sold--
        Source: Agent Provided Report a problem
        8/16/2020Listing removed$1,600,000$396/sqft
        Source: Tankersley Realty-Austin #1864248 Report a problem
        8/15/2020Price change$1,600,000+33.3%$396/sqft
        Source: Tankersley Realty-Austin #1864248 Report a problem
        5/4/2020Listed for sale$1,200,000+25%$297/sqft
        Source: Tankersley Realty-Austin #1864248 Report a problem
        9/29/2017Listing removed$960,000$238/sqft
        Source: O Realty #4206131 Report a problem
        2/11/2017Listed for sale$960,000+11%$238/sqft
        Source: O Realty #4206131 Report a problem
        7/9/2013Listing removed$865,000$214/sqft
        Source: Realty Austin #6882209 Report a problem
        1/29/2013Listed for sale$865,000$214/sqft
        Source: Realty Austin #6882209 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$31,256 -12.6%$1,900,000 -13.1%
        2024$35,761 +131.9%$2,187,234 +12.6%
        2023$15,421 +195.7%$1,942,092 +619.3%
        2022$5,214 $270,000 -60.8%
        2021-- $689,222 +14.6%
        2020$13,047 -0.4%$601,600
        2019$13,098 +18%$601,600 +17.4%
        2018$11,104 $512,466 +3.8%
        2017$11,104 +30.3%$493,724
        2016$8,524 $493,724 +32%
        2015$8,524 $374,083 +3%
        2014$8,524 $363,300 -13.9%
        2013-- $421,924 +5.7%
        2012-- $399,151 +15.2%
        2011-- $346,620
        2010-- $346,620
        2009-- $346,620 -1.4%
        2008-- $351,654 +34.1%
        2007-- $262,195
        2006-- $262,195 +46.7%
        2002$999 $178,750
        Find assessor info on the county website

        Monthly payment

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        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

        26 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        13 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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