Welcome to 706 Crestone Stream, a custom home completed in 2024 in the desirable Serene Hills community of Lakeway, directly across from the neighborhood park. Spanning 3,893 square feet, this residence includes four bedrooms with ensuite bathrooms, a half bath, a dedicated office, a game room, and a private theater. The wide open floor plan is filled with an abundance of natural light and enhanced by designer selections throughout, creating a space that is both functional and elevated. The chef’s kitchen anchors the home with a fourteen-foot waterfall island, a forty-inch Italian ILVE gas range, a reverse osmosis water system, and a custom glass-front china cabinet with drawers. A bar tucked under the staircase adds a stylish touch, while abundant storage is thoughtfully incorporated throughout the home. The primary suite offers a true retreat with a spa bath featuring a dramatic natural stone wall, a connected fitness room, and a private sauna. Upstairs, a game room opens to a balcony with sweeping Lakeway views, while each additional bedroom offers the privacy of its own ensuite. Outdoor living is equally inviting with a full kitchen, grill, sink, dual ceiling fans, and plenty of room to entertain year-round. With a three-car garage, whole-home water softener, remote window shades, surround sound, and full entertainment wiring inside and out, this home blends luxury, comfort, and convenience in one of Lakeway’s most sought-after communities.
Active
Price cut: $32.1K (10/2)
$1,362,900
706 Crestone Stream Dr, Austin, TX 78738
4beds
3,894sqft
Single Family Residence
Built in 2022
10,550 Square Feet Lot
$-- Zestimate®
$350/sqft
$93/mo HOA
What's special
Dedicated officeWhole-home water softenerRemote window shadesConnected fitness roomThree-car garagePrivate theaterDesigner selections throughout
- 24 days
- 981
- 87
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Soud Twal (512) 787-8617,
Kuper Sotheby's Int'l Realty (512) 831-6577
Source: Unlock MLS,MLS#: 5423517
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Wine Refrigerator
Features
- Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Double Vanity, Entrance Foyer, In-Law Floorplan, Interior Steps, Kitchen Island, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Sauna, Smart Thermostat, Soaking Tub, Walk-In Closet(s), Wet Bar
- Flooring: Carpet, Tile
- Windows: Double Pane Windows, Window Treatments
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total interior livable area: 3,894 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached, Driveway, Garage, Oversized, Parking Pad
- Attached garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Rear Porch
- Exterior features: Balcony, Outdoor Grill, Private Yard
- Pool features: None
- Fencing: Back Yard, Stone, Wrought Iron
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
Lot
- Size: 10,550 Square Feet
- Features: Back Yard, Interior Lot, Landscaped, Native Plants, Sprinkler - Automatic, Sprinkler - In-ground, Trees-Small (Under 20 Ft)
Details
- Additional structures: None
- Parcel number: 01278301150000
- 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: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Private
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
Community
- Features: See Remarks, Park, Playground
- Subdivision: Serene Hills Sub Ph 2E
HOA
- Has HOA: Yes
- Services included: See Remarks
- HOA fee: $280 quarterly
- HOA name: Serene Hills HOA (512)288-2376
Location
- Region: Austin
Financial & listing details
- Price per square foot: $350/sqft
- Tax assessed value: $1,288,910
- Annual tax amount: $31,425
- Date on market: 9/9/2026
- 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 |
|---|---|---|
| 10/2/2026 | Price change | $1,362,900-2.3%$350/sqft |
Source: Kuper Sotheby's International Realty #5423517 Report a problem | ||
| 9/9/2026 | Listed for sale | $1,395,000-3.8%$358/sqft |
Source: | ||
| 9/9/2026 | Listing removed | $1,450,000$372/sqft |
Source: | ||
| 8/27/2026 | Listed for sale | $1,450,000+873.2%$372/sqft |
Source: Kuper Sotheby's International Realty #6247587 Report a problem | ||
| 2/22/2021 | Listing removed | -- |
Source: | ||
| 1/5/2021 | Pending sale | $149,000$38/sqft |
Source: Coldwell Banker Realty #2589241 Report a problem | ||
| 1/2/2021 | Price change | $149,000-87%$38/sqft |
Source: Coldwell Banker Realty #2589241 Report a problem | ||
| 12/3/2020 | Price change | $1,150,000+671.8%$295/sqft |
Source: Coldwell Banker Realty #5208518 Report a problem | ||
| 10/24/2020 | Price change | $149,000-87%$38/sqft |
Source: Coldwell Banker Realty #5208518 Report a problem | ||
| 9/18/2020 | Listed for sale | $1,150,000$295/sqft |
Source: Coldwell Banker Realty #5208518 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $24,696 +19.4% | $1,288,910 +26% |
| 2024 | $20,684 +371% | $1,022,756 +438.3% |
| 2023 | $4,391 -6.9% | $190,000 |
| 2022 | $4,716 | $190,000 +100% |
| 2021 | -- | $95,000 -4.5% |
| 2020 | $2,744 -18.6% | $99,505 -18.5% |
| 2019 | $3,370 +24.8% | $122,031 +28.5% |
| 2018 | $2,701 | $95,000 0% |
| 2017 | $2,701 +27.7% | $95,001 |
| 2016 | $2,114 | $95,001 +35.7% |
| 2015 | $2,114 | $70,000 -1.8% |
| 2014 | $2,114 | $71,250 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 78738
Nearby schools
Schools provided by the listing agent
- Elementary: Serene Hills
- Middle: Lake Travis
- 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.






