Waterfront Luxury & STR Opportunity in Hill Country Cove Experience the perfect balance of security, serenity, and income potential in this former Parade of Homes masterpiece. Located in the exclusive, gated community of Hill Country Cove, this estate offers the best of lake living: the peaceful, wake-free waters of a deep-water canal with the main body of the lake just a 2-minute boat ride away. This subdivision allows Short-Term Rentals (Airbnb/Vrbo), making it a premier asset for investors or a perfect family retreat. Inside, the living room boasts soaring wood-beamed ceilings and windows framing the pool. The chef’s kitchen features stainless KitchenAid appliances, granite counters, and custom cabinetry. Two sophisticated primary suites offer total privacy, each with patio access and spa-like baths. A third bedroom and an entryway study (easily a 4th bedroom) provide ample space for guests. The outdoor oasis is unmatched. Enjoy 87’ of waterfront with a stone retaining wall. The canal setting provides true peace of mind; kids and grandkids can swim or paddleboard in calm, glass-like water without the worry of fast boats or large wakes. The massive double-slip boathouse includes extensive toy storage and is crowned by a sprawling rooftop party deck with a deluxe 8-person spa—the ultimate spot for sunset soirées and stargazing. Whether looking for a family compound or a turnkey investment, life doesn’t get better than this.
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178 Sleepy Oaks Drive, Kingsland, TX 78639
4beds
2,895sqft
Single Family Residence, Residential
Built in 2011
0.47 Acres Lot
$1,596,300 Zestimate®
$--/sqft
$3,744 Estimated rent
Home value
$1,596,300
$1.52M - $1.68M
$3,744/mo
Zestimate® history
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Each with patio accessSpa-like bathsTwo sophisticated primary suitesMassive double-slip boathouseGranite countersSprawling rooftop party deckWindows framing the pool
Zillow last checked:
Listing updated:
Listed by:
Trey A Wood 325-277-7540,
Horseshoe Bay Resort Realty
Bought with:
Ray Mungia, 0427764
Mungia Real Estate
Source: HLMLS as distributed by MLS GRID,MLS#: 177943
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Dining Room, Family Room, Foyer, Kitchen, Laundry, Living Room, Study/Office, Utility Room Inside, Main Level Master Bdrm
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Double Oven, Disposal, Ice Maker, Microwave, Electric Range, Refrigerator, Warming Drawer, Washer, Washer Hookup, Electric Water Heater, Cooktop, Wall Oven
Features
- Sound System, Breakfast Bar, Coffered Ceiling(s), Crown Molding, Pantry, Recessed Lighting, Split Bedroom
- Flooring: Carpet, Hard Tile, Laminate, Tile
- Attic: Improved Attic
- Has fireplace: No
Interior area
- Total structure area: 2,895
- Total interior livable area: 2,895 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Car Attached Garage, Golf Cart Storage, Front Entry
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Open Concrete Areas, Stonework
- Has private pool: Yes
- Pool features: In Ground, Private
- Has spa: Yes
- Spa features: Hot Tub
- Fencing: Wrought Iron,Partial
- Has view: Yes
- View description: Hill Country, Lake, Panoramic
- Has water view: Yes
- Water view: Lake
- Waterfront features: Cove, Yes/Other
- Frontage length: 87
Lot
- Size: 0.47 Acres
- Dimensions: 87 FF
- Features: Landscaped
Details
- Parcel number: 065470
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding, Stone, Stucco
- Foundation: Slab
- Roof: Tile
Condition
- Year built: 2011
Utilities & green energy
Green energy
- Energy efficient items: Attic Fan, Ceiling Fan(s), Heat Pump, Zoned
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Hill Country Cove
HOA
- Has HOA: Yes
- Services included: None
- HOA fee: $200 annually
Location
- Region: Kingsland
Financial & listing details
- Tax assessed value: $1,057,400
- Annual tax amount: $10,341
- Date on market: 5/14/2026
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Sold | -- |
Source:  HLMLS as distributed by MLS GRID #177943 Report a problem | ||
| 7/7/2026 | Pending sale | $1,700,000$587/sqft |
Source: HLMLS as distributed by MLS GRID #177943 Report a problem | ||
| 6/25/2026 | Contingent | $1,700,000$587/sqft |
Source:  Unlock MLS #5419896 Report a problem | ||
| 5/14/2026 | Listed for sale | $1,700,000-1.4%$587/sqft |
Source: Unlock MLS #5419896 Report a problem | ||
| 3/23/2026 | Listing removed | $1,725,000$596/sqft |
Source: Unlock MLS #8483595 Report a problem | ||
| 3/13/2026 | Price change | $1,725,000-1.4%$596/sqft |
Source: HLMLS as distributed by MLS GRID #176691 Report a problem | ||
| 2/27/2026 | Listed for sale | $1,750,000$604/sqft |
Source: HLMLS as distributed by MLS GRID #176691 Report a problem | ||
| 7/19/2018 | Sold | -- |
Source: HLMLS as distributed by MLS GRID #142111 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,341 | $1,057,400 |
Find assessor info on the county website
Neighborhood: 78639
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Nearby schools
GreatSchools rating
- 4/10Packsaddle Elementary SchoolGrades: PK-5Distance: 2.7 mi
- 6/10Llano Junior High SchoolGrades: 6-8Distance: 16 mi
- 6/10Llano High SchoolGrades: 9-12Distance: 16.5 mi
- Texas
- Llano County
- Kingsland
- 78639
- 178 Sleepy Oaks Drive
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