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321 Sweet Grass LNLakeway, TX 78738

For Sale

$1,096,500

Smart Buyer Rebate $10,965

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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License #637763

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Keller Williams Realty

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(817) 329-8850

Last updated January 29, 2026

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Source: ACTRIS #1885218

Listing Facts

  • TypeSingle-family
  • NeighborhoodLakeway
  • Bedrooms4
  • Bathrooms4
  • Days on Prevu24
  • HOA/Maint. Fees$255/quarter
  • Taxes$24,070.18/year
  • Size2,914 sqft
  • Price per sqft$376

Amenities

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

Location

Mortgage Calculator

Listing History

01/29/2026
Price Decreased
$1,096,500
01/06/2026
Listed by Keller Williams Realty
$1,099,000

Property Details for 321 Sweet Grass LN

Association

Amenities

  • Community Features: Cluster Mailbox, Common Grounds, Curbs, Park, Playground, Underground Utilities

Fees

  • Association Fee: $255.00 Quarterly

General

  • Association Name: Serene Hills Homeowners Association

Exterior

Construction

  • Property Condition: Resale
  • Roof: Concrete, Spanish Tile
  • Window Features: Window Coverings
  • Year Built: 2019
  • Builder Name: Ash Creek Homes, Inc.
  • Construction Materials: Masonry – All Sides, Stucco
  • Exterior Features: Exterior Steps, Gas Grill, Gutters Partial, Outdoor Grill, Private Yard

Features

  • Direction Faces: South
  • Fencing: Back Yard, Fenced, Wrought Iron
  • Other Structures: Outdoor Kitchen
  • Patio And Porch Features: Covered, Front Porch, Patio
  • View: Hill Country, Panoramic, Trees/Woods

Measurements

  • Lot Features: Corner Lot, Curbs, Interior Lot, Landscaped, Sprinkler - Automatic, Sprinkler - In-ground, Trees-Medium (20 Ft - 40 Ft), Views
  • Lot Size Acres: 0.39
  • Lot Size Area: 0
  • Lot Size Square Feet: 17,079

Financial

Taxes

  • Parcel Number: 01278601040000
  • Tax Annual Amount: $24,070.18
  • Tax Assessed Value: $1,030,307.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Built-In Oven(s), Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Gas Water Heater
  • Fireplace Features: Family Room, Gas, Living Room
  • Fireplaces Total: 1
  • Flooring: Carpet, Tile, Wood
  • Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Tray Ceiling(s), Quartz Counters, Double Vanity, Electric Dryer Hookup, French Doors, High Speed Internet, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom On Main, Recessed Lighting, Walk-In Closet(s), Washer Hookup

Measurements

  • Living Area: 2,914
  • Living Area Source: Appraiser

Rooms

  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Main Level Bedrooms: 4

Other

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: Attached, Door-Single, Garage, Garage Door Opener, Garage Faces Rear
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Serene Hills
  • 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: Lake Travis
  • Middle Or Junior School District: Lake Travis ISD

Utilities

Equipment

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Natural Gas
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Municipal Utility District (MUD)
  • Utilities: Electricity Connected, Internet-Cable, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Water Source: Municipal Utility District (MUD)

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 LN.

What schools are nearby to 321 Sweet Grass LN?

Nearby schools include the Serene Hills Elementary School, Lake Travis Middle School, and Lake Travis High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 321 Sweet Grass LN.

What are the annual taxes for 321 Sweet Grass LN?

Annual taxes for this single-family home are estimated at $24,070.

How does 321 Sweet Grass LN 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 35 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 Serene Hills Homeowners Association home owners association.

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

According to the MLS, this listing is 2,914 sqft.

321 Sweet Grass LN is a 4-bedroom, 4-bath single-family home for sale in Lakeway TX 78738. Available on Prevu for 24 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, Lake Travis Middle School, and Lake Travis High School. The home offers private outdoor space, dishwasher, air conditioning, parking, and swimming pool. Explore more single-family home listings in Texas.

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.