Ed's Opinion of Value

$2,730,513 Ed's Estimate: $3,636,478 $9,800,000
Lowest Comp Recommended List: $2,629,000 to $2,639,000 Highest Comp
The comparable sales data (3 recent transactions in SPANISH OAKS) supports an estimated value of $3,636,478. The data suggests a list price between $2,629,000 and $2,639,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 3rd most expensive of 5 comparable homes on the market in SPANISH OAKS's current inventory. This home's larger footprint (940 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 1.17 acres versus 1.08 for the typical comp. Buyers in SPANISH OAKS have 5 comparable options right now, with asking prices between $2,325,000 and $9,800,000. Prices in SPANISH OAKS have risen 50.6% over the last 6 months. A similar home at 16001 Pontevedra PL, Austin TX 78738 carries an adjusted comparable value of $3,640,673, providing a strong data point. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
6 Beds
7 Baths 5 Full, 2 Half
6,362 Sq Ft
1.174 Acres
2006 Built
3 Garage

About This Property

We are thrilled to present an incredible opportunity to own a remarkable estate at 4916 Paraiso Parkway in the prestigious Spanish Oaks community of Austin, TX. The seller is offering a credit toward a golf membership at the Spanish Oaks Golf Club!

This exceptional 1.17-acre corner property features a spacious 5400 sq ft main house and a charming 942 sq ft guest house. The main residence includes 4 bedrooms, 4 full baths, 2 half baths, a game room, a separate study, and a media room. The open-concept design highlights soaring ceilings, abundant natural light, and a gourmet kitchen with high-end appliances, custom cabinetry, and a large island, perfect for entertaining.

The elegant living area flows into a private outdoor retreat with lush landscaping, a resort-style pool, and expansive patio space ideal for alfresco dining or relaxation. The private owner’s wing offers a luxurious master suite with a spa-like ensuite, two walk-in closets, a workout room, and access to the backyard. A separate wing includes a large laundry/craft room and a guest room with an ensuite bathroom and backyard access.

Upstairs, you'll find a game room, media room, and two additional bedrooms, each with walk-in closets and en-suite baths, ensuring privacy and comfort for family or guests.

The guest house provides 942 sq ft of versatile space, perfect for visitors, an office, or a workout area.

Located in the sought-after Spanish Oaks community, this home offers access to exceptional amenities, including a golf course, pool, and scenic trails, all while being just minutes from Austin’s culture and dining. Known for its exclusivity and safety, Spanish Oaks provides an unparalleled quality of life.

Don’t miss this opportunity to own a piece of luxury in Spanish Oaks. Contact us for more information or to schedule a tour today!

Property Highlights

Pool Heated, In Ground, Waterfall

Features

  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Beamed Ceilings
  • Coffered Ceiling(s)
  • High Ceilings
  • In-Law Floorplan
  • Interior Steps
  • Multiple Dining Areas
  • Multiple Living Areas
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

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Schools

School District Lake Travis ISD
Elementary Lake Pointe
High School Lake Travis

Property Details

Property Type Residential
Flooring Carpet, Stone, Wood
Cooling Central Air
Heating Central
Exterior Private Yard
County Travis
MLS # 9408739

Parking

Garage 3 spaces

HOA & Community

HOA Fee $1,320 /Quarterly
HOA Includes Common Area Maintenance, Security

Tax Information

Annual Taxes $44,766 (2024)

Listing History

MLS# 9408739 - Updated Mar 28, 2026 223 days
Jun 24, 2025 Off Market
Apr 8, 2025 Price Change $2,895,000
Oct 3, 2024 Listed $2,995,000

Frequently Asked Questions About 4916 Paraiso PKWY, Austin TX 78738

When was 4916 Paraiso PKWY, Austin TX 78738 built?

4916 Paraiso PKWY, Austin TX 78738 was built in 2006.

How much does 4916 Paraiso PKWY, Austin TX 78738 cost?

4916 Paraiso PKWY, Austin TX 78738 sold on June 24, 2025. Contact us for sale price details.

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