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205 Palazza Alto DRAustin, TX 78734

For Sale

$1,790,000

Smart Buyer Rebate $17,900

Experience refined Hill Country living in this stunning Bella Montagna estate, located within one of Lakeway’s most prestigious gated communities. Spanning three levels with five bedrooms and five-and-a-half bathrooms, this residence offers both sophistication and comfort in equal measure.

The main level is designed for effortless living and entertaining, with a statement kitchen featuring premium appliances and a stylish breakfast bar flowing into expansive dining and living areas. Walls of windows frame sweeping Hill Country views, creating a seamless connection between indoors and out.

The primary suite offers a private retreat with an elegant ensuite bath, generous walk-in closet, and panoramic vistas. Each additional bedroom includes its own ensuite, ensuring privacy and convenience for family and guests.

Thoughtful design extends throughout the home with three separate living areas, a dedicated media room, and multiple outdoor terraces ideal for both quiet mornings and evening gatherings.

Enhanced with solar panels, this residence combines modern efficiency with timeless design. With its elevated setting, abundant natural light, and versatile spaces, this Bella Montagna home delivers a lifestyle defined by elegance, sustainability, and exceptional views.

Listed by Kiely Wolters

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License #757955

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Compass RE Texas, LLC

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(512) 417-8060

Listed by Wendi Slaton Anderson

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License #503973

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Compass RE Texas, LLC

Last updated October 22, 2025

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Source: ACTRIS #1305867

Listing Facts

  • TypeSingle-family
  • NeighborhoodLakeway
  • Bedrooms5
  • Bathrooms6
  • Days on Prevu7
  • HOA/Maint. Fees$1,500/annual
  • Taxes$33,100.43/year
  • Size5,183 sqft
  • Price per sqft$345

Amenities

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

Location

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Listing History

10/17/2025
Listed by Compass RE Texas, LLC
$1,790,000

Property Details for 205 Palazza Alto DR

Association

Amenities

  • Community Features: Gated

Fees

  • Association Fee: $1,500.00 Annually
  • Association Fee Includes: Common Area Maintenance

General

  • Association Name: First Service Residential

Exterior

Construction

  • Property Condition: Resale
  • Roof: Metal
  • Window Features: Blinds
  • Year Built: 2017
  • Construction Materials: Concrete, Stone
  • Exterior Features: Outdoor Grill

Features

  • Direction Faces: East
  • Fencing: Wrought Iron
  • Other Structures: Outdoor Kitchen
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch, Side Porch
  • View: Hill Country, Lake, Panoramic, Water

Measurements

  • Lot Features: Sprinkler - Automatic, Trees-Medium (20 Ft - 40 Ft), Views
  • Lot Size Acres: 1.05
  • Lot Size Area: 1
  • Lot Size Square Feet: 45,838

Financial

Taxes

  • Parcel Number: 01396809060000
  • Tax Annual Amount: $33,100.43
  • Tax Assessed Value: $1,819,991.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Built-In Gas Oven, Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Microwave, Oven, Refrigerator, Water Softener Owned
  • Fireplace Features: Living Room
  • Fireplaces Total: 1
  • Flooring: Carpet, Tile, Wood
  • Interior Features: Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Vaulted Ceiling(s), Chandelier, Granite Counters, Double Vanity, Eat-in Kitchen, Entrance Foyer, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Primary Bedroom On Main, Soaking Tub, Walk-In Closet(s)

Measurements

  • Living Area: 5,183
  • Living Area Source: Builder

Rooms

  • Bathrooms Full: 5
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 5
  • Main Level Bedrooms: 2

Other

Environmental

  • Green Energy Efficient: Solar Panel

Location

  • Subdivision Name: Round Mountain Estates 02
  • Tax Lot: 53

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 3
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Features: Attached, Door-Multi, Driveway, Garage, Garage Door Opener, Garage Faces Side, Private
  • Parking Total: 3

Schools

Elementary School

  • Elementary School: Lake Travis
  • Elementary School District: Lake Travis ISD

High School

  • High School: Lake Travis
  • High School District: Lake Travis ISD

Middle or Junior School

  • Middle Or Junior School: Hudson Bend
  • Middle Or Junior School District: Lake Travis ISD

Utilities

Equipment

  • Cooling: Central Air, ENERGY STAR Qualified Equipment
  • Heating: Central, ENERGY STAR Qualified Equipment, Fireplace(s), Solar
  • Sewer: Aerobic Septic
  • Utilities: Propane, Solar
  • Water Source: Municipal Utility District (MUD)

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.