Astonishing Hill Country & Lake Travis Views! (New Roof - 03/27/26 with transferrable warranty!) Welcome to 16 Mountain Terrace Cove, perched on one of the highest points in Travis County within Lakeway’s coveted Terrace at the Preserve community. This beautifully updated 3-bedroom, 2.5-bath home spans over 2,400 sq. ft., blending thoughtful design with stunning craftsmanship throughout. Step inside to new high-end LVP flooring that leads your eye to a wall of windows framing breathtaking panoramic views. The soaring foyer with high ceilings introduces a private home office just off to the left. The living room makes a statement with 20+ foot ceilings, a striking stone/brick fireplace, and custom built-ins, creating a warm yet sophisticated space for gathering. The chef’s kitchen has been tastefully updated with quartz countertops, a new backsplash, freshly painted cabinetry, and a sleek stainless steel sink. It seamlessly opens to the dining area and family room, where an entire wall of windows invites in natural light and long-distance views, including Lake Travis. Step through the dining area door to your private outdoor patio, perfect for morning coffee while soaking in the horizon. Upstairs, the primary suite delivers picture-perfect views of the Hill Country, a spacious ensuite with LVP, a huge walk-in closet, additional built-ins, and a versatile flex area for your needs. Two more bedrooms, a full bath, and a convenient flex space complete the upper level. Recent updates include a new roof and lightening rod protection (March 2026) luxury vinyl plank flooring, new carpet, interior painting, quartz countertops, backsplash refresh, and new front and back landscaping, ensuring a move-in-ready experience. Whether you’re looking for a lock-and-leave retreat or a permanent Hill Country home, this property offers once-in-a-lifetime views and a lifestyle that’s second to none.
Active
Price cut: $10K (5/5)
$665,000
16 Mountain Terrace Cv, Austin, TX 78734
3beds
2,404sqft
Single Family Residence
Built in 2006
0.28 Acres Lot
$-- Zestimate®
$277/sqft
$150/mo HOA
What's special
Outdoor patioFreshly painted cabinetryPanoramic viewsCustom built-insExpansive viewsPrivate home officeFamily room
- 266 days |
- 572 |
- 64 |
Zillow last checked:
Listing updated:
Listed by:
Eric Malstrom (512) 656-3789,
Keller Williams Realty (512) 448-4111
Source: Unlock MLS,MLS#: 3216522
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Ceiling Fan(s), CRWN, High Ceilings, Recessed Lighting
- Level: Second
Primary bathroom
- Features: Double Vanity, Full Bath, Soaking Tub, High Ceilings, Recessed Lighting, Separate Shower, Walk-In Closet(s), Walk-in Shower
- Level: Second
Kitchen
- Features: Kitchn - Breakfast Area, Breakfast Bar, Kitchen Island, Quartz Counters, Dry Bar, Open to Family Room, Pantry, Plumbed for Icemaker, Recessed Lighting
- Level: Main
Heating
- Central, Fireplace(s), Forced Air, Natural Gas, Zoned
Cooling
- Ceiling Fan(s), Central Air, Zoned
Appliances
- Included: Built-In Oven(s), Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Electric Oven, Plumbed For Ice Maker, Free-Standing Refrigerator, Gas Water Heater
Features
- Bookcases, Built-in Features, Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Central Vacuum, Corain Counters, Quartz Counters, Crown Molding, Double Vanity, Dry Bar, Electric Dryer Hookup, Entrance Foyer, French Doors, Kitchen Island, Multiple Living Areas, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s), Washer Hookup
- Flooring: Carpet, Tile, Vinyl
- Windows: Aluminum Frames, Blinds, Double Pane Windows, Screens
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas Log, Glass Doors, Insert
Interior area
- Total interior livable area: 2,404 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Driveway, Garage Door Opener, Garage Faces Front, Off Street
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch, Rear Porch, Side Porch
- Exterior features: Gutters Partial, No Exterior Steps, Private Yard
- Pool features: None
- Fencing: Back Yard, Gate, Wrought Iron
- Has view: Yes
- View description: Canyon, City Lights, Hill Country, Lake, Panoramic, Trees/Woods
- Has water view: Yes
- Water view: Lake
- Waterfront features: None
Lot
- Size: 0.28 Acres
- Features: Back Yard, Bluff, Cul-De-Sac, Front Yard, Gentle Sloping, Landscaped, Private, Sprinkler - Automatic, Sprinkler - Back Yard, Sprinklers In Front, Sprinkler - In-ground, Sprinkler - Side Yard, Trees-Small (Under 20 Ft), Views
Details
- Additional structures: None
- Parcel number: 01356815500000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Internet-Cable, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Features: None
- Subdivision: Terrace At The Preserve Condom
HOA
- Has HOA: Yes
- Services included: Common Area Maintenance
- HOA fee: $150 monthly
- HOA name: Terrace at The Preserve
Location
- Region: Austin
Financial & listing details
- Price per square foot: $277/sqft
- Tax assessed value: $578,213
- Annual tax amount: $10,516
- Date on market: 10/11/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Price change | $665,000-1.5%$277/sqft |
Source:  Unlock MLS #3216522 Report a problem | ||
| 10/11/2025 | Listed for sale | $675,000+24007.1%$281/sqft |
Source: Unlock MLS #3216522 Report a problem | ||
| 9/6/2017 | Listing removed | $2,700$1/sqft |
Source: Oberg Properties #5694287 Report a problem | ||
| 8/8/2017 | Price change | $2,700-3.6%$1/sqft |
Source: Oberg Properties #5694287 Report a problem | ||
| 7/9/2017 | Listed for rent | $2,800$1/sqft |
Source: Oberg Properties #5694287 Report a problem | ||
| 5/29/2016 | Listing removed | $2,800$1/sqft |
Source: Lone Star Luxury #5638077 Report a problem | ||
| 5/26/2016 | Pending sale | $2,800$1/sqft |
Source: Lone Star Luxury #5638077 Report a problem | ||
| 5/26/2016 | Listed for sale | $2,800$1/sqft |
Source: Lone Star Luxury #5638077 Report a problem | ||
| 5/26/2016 | Listing removed | $2,800$1/sqft |
Source: Lone Star Luxury #5638077 Report a problem | ||
| 2/11/2016 | Listed for rent | $2,800$1/sqft |
Source: Lone Star Luxury Report a problem | ||
| 8/20/2014 | Listing removed | $2,800$1/sqft |
Source: LONE STAR LUXURY Report a problem | ||
| 6/17/2014 | Listed for rent | $2,800$1/sqft |
Source: LONE STAR LUXURY Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,695 -3.3% | $578,213 -4.9% |
| 2024 | $11,061 -2.3% | $608,193 -5.4% |
| 2023 | $11,319 -13% | $643,171 -6.1% |
| 2022 | $13,006 | $684,899 +47.6% |
| 2021 | -- | $463,933 +10.8% |
| 2020 | $8,932 -0.2% | $418,764 |
| 2019 | $8,948 +1.4% | $418,764 +3.1% |
| 2018 | $8,820 | $406,065 +2.1% |
| 2017 | $8,820 +29.7% | $397,686 +14.6% |
| 2016 | $6,800 | $347,071 +5.7% |
| 2015 | $6,800 | $328,243 +11.9% |
| 2014 | $6,800 | $293,395 +16.2% |
| 2013 | -- | $252,494 -1.7% |
| 2012 | -- | $256,862 -0.1% |
| 2011 | -- | $257,155 +24.7% |
| 2010 | -- | $206,301 +15.1% |
| 2009 | -- | $179,240 |
| 2008 | -- | $179,240 -7.8% |
| 2007 | -- | $194,415 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: 78734
Nearby schools
GreatSchools rating
- 8/10Lakeway Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 8/10Hudson Bend Middle SchoolGrades: 6-8Distance: 3 mi
- 8/10Lake Travis High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Lakeway
- Middle: Hudson Bend
- High: Lake Travis
- District: Lake Travis ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Travis County
- Lakeway
- 78734
- 16 Mountain Terrace Cv
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