3901 Peak Lookout DR, Austin TX 78738

Austin, TX 78738 | Cherry Mountain

Ed's Opinion of Value

$2,111,731 Ed's Estimate: $2,308,050 $3,250,000
Lowest Comp Recommended List: $2,262,000 to $2,354,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $2,308,050. For a well positioned listing in CHERRY MOUNTAIN, I'd target the $2,262,000 to $2,354,000 range. In the current CHERRY MOUNTAIN market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. The 302 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a differentiator here, since 1 of 7 comparable sales didn't include one. Right now, 2 similar properties are competing for buyers in CHERRY MOUNTAIN, listed between $2,699,999 and $3,250,000. Recent trends in 78738 show home values have risen 8.9% since 6 months ago. The most comparable recent sale is 5601 Sombria CT, Austin TX 78738, with an adjusted value of $3,126,223; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
5 Beds
6 Baths 4 Full, 2 Half
5,732 Sq Ft
1.19 Acres
1984 Built
2 Garage

About This Property

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Lease Price: $10,000/month | 5 Bed | 6 Bath | ~5,700 SF | 1.19 Acres

Discover elevated Hill Country living in this sprawling estate perched atop one of the most coveted view lots in West Austin. Set on over an acre in the exclusive Cherry Mountain enclave, this 5-bedroom, 6-bathroom residence blends architectural drama with everyday livability—ideal for both grand entertaining and private retreat.

Step inside to soaring ceilings, oversized windows, and an open-concept layout that frames panoramic views of Lake Travis and the Austin skyline. The chef’s kitchen features high-end appliances, double ovens, custom cabinetry, and a walk-in pantry. Flowing effortlessly into the family room and formal living area, this home was designed for connection.

The main-level primary suite is a true sanctuary, offering a spa-inspired bathroom, private terrace access, and two walk-in closets. Additional bedrooms are generously sized with ensuite baths and custom finishes. Upstairs, a bonus media/game room opens to a private balcony overlooking the backyard and beyond.

Outdoor living shines with multiple covered patios, an expansive lawn, and space ready for a pool or garden. EV charging, smart home systems, and a 3-car garage plus additional parking complete the package.

Minutes from shopping, dining, top-rated Lake Travis ISD schools, and Lakeway Regional Medical Center. Just 30 minutes from downtown Austin, yet worlds away.

Terms:
Available for immediate occupancy. Lease with Purchase Option. 12–24 month lease preferred. Pets negotiable. Unfurnished.

Property Highlights

Pool In Ground, Pool/Spa Combo
View City Lights, Hill Country, Lake, Neighborhood, Skyline, Trees/Woods

Features

  • 2 Primary Baths
  • 2 Primary Suites
  • Bar
  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Cathedral Ceiling(s)
  • High Ceilings
  • Vaulted Ceiling(s)
  • Chandelier
  • Quartz Counters
  • Stone Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • Entrance Foyer
  • French Doors
  • High Speed Internet
  • Interior Steps
  • Kitchen Island
  • Low Flow Plumbing Fixtures
  • Multiple Dining Areas
  • Multiple Living Areas
  • Natural Woodwork
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Smart Home
  • Smart Thermostat
  • Soaking Tub
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup
  • Wet Bar
  • Wired for Data

Location

Schools

School District Lake Travis ISD
Elementary Bee Cave
Middle School Hudson Bend
High School Lake Travis

Property Details

Property Type Residential Lease
Construction Concrete, Blown-In Insulation, Spray Foam Insulation, Masonry – All Sides, Cement Siding, Stone Veneer, Stucco
Roof Spanish Tile
Foundation Slab
Levels Three Or More
Flooring Tile, Wood
Cooling Central Air
Heating Central
Fireplace Basement, Heatilator, Living Room, Outside, Wood Burning
Exterior Balcony, Uncovered Courtyard, Electric Car Plug-in, Garden, Gutters Full, Lighting, Private Entrance, Private Yard, See Remarks
County Travis
MLS # 6625750
Garage 2 spaces
Parking 10 spaces: Additional Parking, Circular Driveway, Driveway, Garage, Garage Faces Side, Off Street, Parking Lot
Windows Double Pane Windows, Skylight(s), Vinyl Windows, Wood Frames

Lot, Outdoor & Utilities

Lot Features Back Yard, Front Yard, Garden, Landscaped, Native Plants, Sprinkler - Automatic, Sprinklers In Front, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Views, Xeriscape
Patio & Porch Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Terrace, Wrap Around
Fencing Wrought Iron
Water Public, Well
Sewer Septic Tank
Utilities Above Ground, Cable Available, Electricity Connected, Internet-Cable, Phone Available, Propane, Sewer Not Available, Water Connected

HOA & Community

Community Features None

Tax Information

Annual Taxes (MLS) $26,738 (2022)
Assessed Value $1,510,580

Listing History

MLS# 6625750 212 days
Jan 28, 2026 Off Market
Dec 12, 2025 Price Change $7,495
Jun 13, 2025 Listed $10,000

Frequently Asked Questions About 3901 Peak Lookout DR, Austin TX 78738

When was 3901 Peak Lookout DR, Austin TX 78738 built?

3901 Peak Lookout DR, Austin TX 78738 was built in 1984. It is concrete, blown-in insulation, spray foam insulation, masonry – all sides, cement siding, stone veneer, stucco construction with 5,732 square feet on a 1.19 acre lot.

How much does 3901 Peak Lookout DR, Austin TX 78738 cost?

3901 Peak Lookout DR, Austin TX 78738 sold on January 28, 2026. Contact us for sale price details.

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