706 Crestone Stream DR, Austin TX 78738

Austin, TX 78738 | Serene Hills

$1,319,000 $339/sqft ▼ $41,000 (3%)
4 Beds
5 Baths 4 Full, 1 Half
3,894 Sq Ft
0.2422 Acres
2022 Built
3 Garage

About This Property

A stunning custom-built residence in Lakeway offering 4 bedrooms, 4.5 baths, a dedicated office, game room and private theater. Designed for both sophisticated entertaining and comfortable everyday living, the wide-open floor plan is filled with abundant natural light and elevated by designer selections and thoughtful details throughout.

At the heart of the home, the chef’s kitchen makes a statement with an impressive 14-foot waterfall island, 40-inch Italian ILVE gas range, reverse-osmosis water system and custom glass-front china cabinet with drawers. A stylish bar tucked beneath the staircase creates an additional gathering space, while abundant storage has been seamlessly incorporated throughout the home.

The primary suite is a private retreat featuring a spa-inspired bath with a dramatic natural stone wall, connected fitness room and private sauna. Upstairs, the spacious game room opens to a balcony showcasing sweeping Lakeway views, while each secondary bedroom enjoys the privacy and convenience of its own ensuite bath. A dedicated office and private theater provide exceptional spaces for working from home and relaxing.

Outdoor living is designed for year-round enjoyment with a fully equipped outdoor kitchen featuring a grill and sink, dual ceiling fans and generous space for dining and entertaining. Additional amenities include a three-car garage, whole-home water softener, remote window shades, surround sound, and extensive entertainment wiring indoors and out.

706 Crestone Stream Dr. brings together custom design, exceptional entertaining spaces and everyday functionality in a beautifully appointed Lakeway home built for modern luxury living.

Property Highlights

View Neighborhood

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

Location

Schools

School District Lake Travis ISD
Elementary Serene Hills
Middle School Lake Travis
High School Lake Travis

Property Details

Property Type Residential
Construction Stucco
Roof Metal
Foundation Slab
Levels Two
Flooring Carpet, Tile
Cooling Ceiling Fan(s), Central Air
Heating Central
Fireplace Living Room
Exterior Balcony, Outdoor Grill, Private Yard
County Travis
MLS # 5708570
Garage 3 spaces (Attached)
Parking 6 spaces: Attached, Driveway, Garage, Oversized, Parking Pad
Windows Double Pane Windows, Window Treatments
Security Security System, Security System Owned

Lot, Outdoor & Utilities

Lot Features Back Yard, Interior Lot, Landscaped, Native Plants, Sprinkler - Automatic, Sprinkler - In-ground, Trees-Small (Under 20 Ft)
Patio & Porch Covered, Rear Porch
Fencing Back Yard, Stone, Wrought Iron
Water Private
Sewer Public Sewer
Utilities Electricity Connected, Water Connected

HOA & Community

HOA Fee $280 /Quarterly
HOA Name Serene Hills HOA (512)288-2376
HOA Includes See Remarks
Community Features See Remarks, Park, Playground

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* Estimate only. Does not include HOA fees, PMI, or other costs.
This property has HOA fees of $280/quarterly.

Tax Information

Annual Taxes (MLS) $31,425 (2026)
Assessed Value $1,288,910
Exemptions None

Sale Terms & Disclosures

Financing Accepted Cash, Conventional
Sale Type Standard
Possession Close Of Escrow, Funding
Disclosures Seller Disclosure

Listing History

MLS# 5708570 - Updated Oct 29, 2026 14 days (60 CDOM)
Oct 28, 2026 Price Change $1,319,000
Oct 14, 2026 Listed Listing Courtesy of Moreland Properties - kbw@​moreland.com $1,360,000

Frequently Asked Questions About 706 Crestone Stream DR, Austin TX 78738

When was 706 Crestone Stream DR, Austin TX 78738 built?

706 Crestone Stream DR, Austin TX 78738 was built in 2022. It is stucco construction with 3,894 square feet on a 0.2422 acre lot.

How much does 706 Crestone Stream DR, Austin TX 78738 cost?

706 Crestone Stream DR, Austin TX 78738 is listed for sale at $1,319,000. That is $339 per square foot.

How many bedrooms and bathrooms does 706 Crestone Stream DR, Austin TX 78738 have?

706 Crestone Stream DR, Austin TX 78738 has 4 bedrooms and 5 bathrooms (4 full, 1 half) with 3,894 square feet of living space.

What school district is 706 Crestone Stream DR, Austin TX 78738 in?

706 Crestone Stream DR, Austin TX 78738 is in the Lake Travis ISD school district. Assigned schools include Serene Hills (elementary), Lake Travis (middle), Lake Travis (high school).

Does 706 Crestone Stream DR, Austin TX 78738 have an HOA?

Yes, 706 Crestone Stream DR, Austin TX 78738 has an HOA fee of $280 per quarterly. The HOA includes see remarks.

What are the property taxes on 706 Crestone Stream DR, Austin TX 78738?

The annual property taxes on 706 Crestone Stream DR, Austin TX 78738 are $31,425 (as of 2026). The tax assessed value is $1,288,910.

How big is the lot at 706 Crestone Stream DR, Austin TX 78738?

The lot at 706 Crestone Stream DR, Austin TX 78738 is 0.2422 acres, and the home has 3,894 square feet of living space.

What type of property is 706 Crestone Stream DR, Austin TX 78738?

706 Crestone Stream DR, Austin TX 78738 is a residential property on a slab foundation.

Does 706 Crestone Stream DR, Austin TX 78738 have a garage?

Yes, 706 Crestone Stream DR, Austin TX 78738 has a 3-car garage (attached). Parking features include attached, driveway, garage, oversized, parking pad.

What subdivision is 706 Crestone Stream DR, Austin TX 78738 in?

706 Crestone Stream DR, Austin TX 78738 is located in the Serene Hills Subdivision subdivision in Austin, TX. Community features include see remarks, park, playground.

How long was 706 Crestone Stream DR, Austin TX 78738 on the market?

706 Crestone Stream DR, Austin TX 78738 was on the market for 14 days, listed on October 14, 2026.

What heating and cooling does 706 Crestone Stream DR, Austin TX 78738 have?

706 Crestone Stream DR, Austin TX 78738 has central heating and ceiling fan(s), central air cooling.

What are the roof and foundation at 706 Crestone Stream DR, Austin TX 78738?

The listing reports a metal roof and a slab foundation at 706 Crestone Stream DR, Austin TX 78738.

What financing does the seller of 706 Crestone Stream DR, Austin TX 78738 accept?

The listing says the seller accepts cash, conventional financing.

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