Your DREAM HOME has arrived! RARE SINGLE-STORY executive style home on large, LEVEL, CORNER LOT in exclusive SERENE HILLS! This is the one you've been waiting for with single-story living, 4 large bedrooms, all with ensuite baths, privacy and hill country views! Set atop a hill, this home features the uncommon mix of both community and privacy with its expansive, level back and side yards with plenty of room for play, entertaining, or use your imagination to create your own outdoor sanctuary. Outside, soak up the beautiful Santa Barbara style architecture with its distinctive Spanish Colonial Revival aesthetic, defined by stucco walls, red tile roof, and arched windows which create a classic, rustic yet elegant look. Enjoy stunning community hill country views from the elevated, covered front porch. Inside is all modern with beautiful wide-planked flooring and open concept living and dining room with a soaring fireplace creating a focal point. A pristine, white kitchen features expansive countertops, stainless steel appliances, display cabinetry and a sink overlooking the beautiful backyard. Three-way split bedrooms include a separate master wing, two bedrooms, each with their own full bath in another wing, and a private 4th bedroom and ensuite bath in it's own separate area. A lovely office niche is situated just off of the main living area. Large sliding glass doors open to a spacious back patio with new outdoor kitchen with gas grill. Enjoy creating memories in this one-of-a-kind enclave with playground and miles of wooded trails suited for jogging, hiking and mountain biking. Ideally situated feeding to A-rated schools in Lake Travis ISD. *INQUIRE about a lender-funded 1-0 Temporary Interest Rate buy down with a lower interest rate in the first year of the loan with preferred lender*
Listed by Michelle Rawls
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Keller Williams Realty
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817-715-5222
Last updated January 29, 2026
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Source: NTREIS #21154040
Listing Facts
TypeSingle-family
NeighborhoodLakeway
Bedrooms4
Bathrooms4
Days on Prevu17
HOA/Maint. Fees$255/quarter
Size2,914 sqft
Price per sqft$376
Amenities
Dishwasher
Private Outdoor Space
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
01/29/2026
Price Decreased
$1,096,500
01/13/2026
Listed by Keller Williams Realty
$1,099,000
Property Details for 321 Sweet Grass Lane
Association
Amenities
Community Features: Curbs, Jogging Path/Bike Path, Playground
Fees
Association Fee: $255.00 Quarterly
Association Fee Includes: Full Use Of Facilities, Management Fees
Patio And Porch Features: Covered, Front Porch, Patio
Measurements
Lot Features: Corner Lot, Few Trees, Interior Lot, Landscaped, Level, Lrg. Backyard Grass, Sprinkler System, Subdivision
Lot Size Acres: 0.39
Lot Size Area: 0
Lot Size Square Feet: 17,075
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 833903
Interior
Features
Appliances: Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Gas In Kitchen
Fireplace Features: Gas, Living Room
Fireplaces Total: 1
Flooring: Carpet, Tile, Wood
Interior Features: Built-in Features, Cable TV Available, Chandelier, Decorative Lighting, Double Vanity, Flat Screen Wiring, High Speed Internet Available, Open Floorplan, Pantry, Walk-In Closet(s)
Measurements
Living Area: 2,914
Rooms
Bathrooms Full: 4
Bathrooms Total Integer: 4
Bedrooms Total: 4
Other
General
Exclusions: Washer, dryer, refrigerator, chandelier in living room, curtains in children's rooms, and 2 wall-mounted TV's.
Location
Subdivision Name: Serene Hills Ph 3wb
Tax Lot: 316
Parking
Parking
Attached Garage: Yes
Covered Spaces: 2
Garage Spaces: 2
Garage: Yes
Parking Features: Garage, Garage Door Opener, Garage Faces Rear, Garage Single Door
Schools
Elementary School
Elementary School: Serene Hills
Utilities
Equipment
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Natural Gas
Laundry Features: Electric Dryer Hookup, Utility Room, Full Size W/D Area, Dryer Hookup, Washer Hookup
Utilities: Asphalt, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter, MUD Sewer, MUD Water, Natural Gas Available, Underground Utilities
Frequently Asked Questions
How many bedrooms and bathrooms does this single-family home have?
There are 4 bedrooms and 4 bathrooms in this single-family home at 321 Sweet Grass Lane .
What schools are nearby to 321 Sweet Grass Lane ?
Nearby schools include the Serene Hills Elementary School.
Does this single-family home have parking?
Yes, there are 2 parking spaces available for 321 Sweet Grass Lane .
How does 321 Sweet Grass Lane compare to other single-family homes in Lakeway?
This single-family home is listed 22% below the average price for single-family homes in Lakeway and has been on the market for 42 less days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 2,914 sqft.
321 Sweet Grass Lane is a 4-bedroom, 4-bath single-family home for sale in Austin Texas 78738. On Prevu for 17 days at $1,096,500. This includes a recent price decrease of $2,500. This property features 2,914 square feet of living space, located in Lakeway. The median listing price for single-family homes in this area is $885,000. Nearby schools include Serene Hills Elementary School. Additional amenities include private outdoor space, dishwasher, pets allowed, air conditioning, and parking. Explore more single-family home listings in Texas.
Based on information from NTREIS 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.
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.