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10500 Milky WAYAustin, TX 78730

For Sale

$2,950,000

Smart Buyer Rebate $29,500

Set on a beautifully landscaped 1.12-acre homesite in one of Austin’s premier luxury communities, this custom estate offers the rare combination of timeless design, functional living, and resort-style outdoor spaces. From the moment you arrive, the home’s commanding presence and mature landscaping create a sense of privacy and elegance that continues throughout all 6,261 square feet.

Designed with both everyday comfort and entertaining in mind, the floor plan lives beautifully with 5 spacious en suite bedrooms, including 3 on the main level and 2 upstairs. The heart of the home is the stunning great room, where soaring spaces and a dramatic stone fireplace create a warm yet sophisticated gathering place. Multiple living and entertaining areas provide incredible flexibility, including formal and casual dining spaces, a private office, downstairs billiards/game room, and an upstairs game room with dedicated media room.

The gourmet kitchen opens seamlessly to the living spaces and is equipped for both casual family dinners and large-scale entertaining. Premium stainless appliances include a 48” Wolf range, three ovens, warming drawer, built-in refrigerator, microwave oven, and two beverage refrigerators. An oversized utility room with abundant storage, sink, and additional refrigerator space adds everyday convenience rarely found in luxury homes.

Step outside and the property transforms into a true private retreat. Expansive covered patios are designed for year-round enjoyment with a built-in grill, sink, and outdoor television overlooking the resort-style pool and spa. A fire pit and multiple entertaining areas create the perfect setting for everything from quiet evenings under the stars to unforgettable gatherings with family and friends. This is Austin Hill Country living at its finest, yet only 14 miles to downtown Austin.

Listed by Amy Brossette

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License #610248

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Keller Williams - Lake Travis

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(512) 913-8940

Last updated June 03, 2026

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Source: ACTRIS #2381013

Listing Facts

  • TypeSingle-family
  • NeighborhoodMansfield - River Place
  • Bedrooms5
  • Bathrooms6
  • Days on Prevu31
  • HOA/Maint. Fees$462/annual
  • Taxes$41,366/year
  • Size6,261 sqft
  • Price per sqft$471

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

05/15/2026
Listed by Keller Williams - Lake Travis
$2,950,000

Property Details for 10500 Milky WAY

Association

Amenities

  • Community Features: Common Grounds, Curbs, Fishing, Golf, Park, Picnic Area, Playground, Sport Court(s)/Facility, Tennis Court(s), Underground Utilities

Fees

  • Association Fee: $462.00 Annually
  • Association Fee Includes: Common Area Maintenance, Insurance

General

  • Association Name: River Place Residential Community Association

Exterior

Construction

  • Property Condition: Resale
  • Roof: Metal
  • Window Features: Drapes, Insulated Windows, Screens, Window Treatments
  • Year Built: 2005
  • Construction Materials: Stone Veneer, Stucco
  • Exterior Features: Gas Grill, Gutters Full, Outdoor Grill

Features

  • Direction Faces: South
  • Fencing: Masonry, Stone, Wrought Iron
  • Patio And Porch Features: Covered, Front Porch, Patio, Porch, Rear Porch
  • Pool Features: Fiberglass, Gunite, In Ground, Outdoor Pool, Pool Sweep, Pool/Spa Combo
  • Pool Private: Yes

Measurements

  • Lot Features: Curbs, Landscaped, Sprinkler - Automatic, Sprinkler - Back Yard, Sprinklers In Front, Sprinkler - In-ground, Sprinkler - Side Yard, Trees-Heavy
  • Lot Size Acres: 1.12
  • Lot Size Area: 1
  • Lot Size Square Feet: 48,787

Financial

Taxes

  • Parcel Number: 01503002080000
  • Tax Annual Amount: $41,366.00
  • Tax Assessed Value: $2,206,059.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Bar Fridge, Built-In Electric Oven, Built-In Gas Range, Built-In Oven(s), Built-In Refrigerator, Convection Oven, Cooktop, Dishwasher, Disposal, Microwave, RNGHD, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Gas Water Heater, Wine Refrigerator
  • Fireplace Features: Fire Pit, Gas, Great Room, Masonry, Outside, Raised Hearth
  • Fireplaces Total: 3
  • Flooring: Carpet, Tile, Wood
  • Interior Features: Bar, Built-in Features, Ceiling Fan(s), Beamed Ceilings, Cathedral Ceiling(s), Tray Ceiling(s), Vaulted Ceiling(s), Chandelier, Granite Counters, Gas Dryer Hookup, In-Law Floorplan, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom On Main, Recessed Lighting, Study/Home Office, Walk-In Closet(s), Washer Hookup, Wired For Sound
  • Spa Features: Gunite, Hot Tub, In Ground

Measurements

  • Living Area: 6,261
  • Living Area Source: Public Records

Rooms

  • Bathrooms Full: 5
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 5
  • Main Level Bedrooms: 3

Other

Location

  • Subdivision Name: Preserve At River Place Sec 02
  • Tax Block: B
  • Tax Lot: 4

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 3
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Side, Guest
  • Parking Total: 3

Schools

Elementary School

  • Elementary School: River Place
  • Elementary School District: Leander ISD

High School

  • High School: Vandegrift
  • High School District: Leander ISD

Middle or Junior School

  • Middle Or Junior School: Four Points
  • Middle Or Junior School District: Leander ISD

Utilities

Equipment

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Fireplace(s), Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available, Underground Utilities, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 5 bedrooms and 6 bathrooms in this single-family home at 10500 Milky WAY.

What schools are nearby to 10500 Milky WAY?

Nearby schools include the River Place Elementary School, Four Points Middle School, and Vandegrift High School.

Does this single-family home have parking?

Yes, there are 3 parking spaces available for 10500 Milky WAY.

What are the annual taxes for 10500 Milky WAY?

Annual taxes for this single-family home are estimated at $41,366.

How does 10500 Milky WAY compare to other single-family homes in Mansfield - River Place?

This single-family home is listed 23% above the average price for single-family homes in Mansfield - River Place and has been on the market for 33 less days than the typical home in this area.

What building or home owners association is the single-family home part of?

This single-family home is part of the River Place Residential Community Association home owners association.

What is the square footage on this single-family home?

According to the MLS, this listing is 6,261 sqft.

10500 Milky WAY is a 5-bedroom, 6-bath single-family home for sale in Austin TX 78730. Available on Prevu for 31 days at $2,950,000. This home features 6,261 square feet of living space, located in Mansfield - River Place. The median listing price for single-family homes in this area is $1,398,500. Nearby schools include River Place Elementary School, Four Points Middle School, and Vandegrift High School. Property amenities include private outdoor space, dishwasher, air conditioning, parking, and swimming pool. View other single-family home listings in Austin.

Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.