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706 Crestone Stream DR, Austin TX 78738
706 Crestone Stream DR, Austin TX 78738
Texas>Lakeway

706 Crestone Stream DRAustin, TX 78738

For Sale

$1,319,000

Smart Buyer Rebate $13,190

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.

Listed by Katherine Wright

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License #642325

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Moreland Properties

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(512) 480-0848

Last updated October 31, 2026

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Source: ACTRIS #5708570

Listing Facts

  • TypeSingle-family
  • NeighborhoodLakeway
  • Bedrooms4
  • Bathrooms5
  • Days on Prevu17
  • HOA/Maint. Fees$280/quarter
  • Taxes$31,425.32/year
  • Size3,894 sqft
  • Price per sqft$339

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

10/28/2026
Price Decreased
$1,319,000
10/14/2026
Listed by Moreland Properties
$1,360,000
  1. 10/28/2026$1,319,000
    Price Decreased
  2. 10/14/2026$1,360,000
    Listed by Moreland Properties

Property Details for 706 Crestone Stream DR

Association

Amenities

  • Community Features: See Remarks, Park, Playground

Fees

  • Association Fee: $280.00 Quarterly
  • Association Fee Includes: See Remarks

General

  • Association Name: Serene Hills HOA (512)288-2376

Exterior

Construction

  • Property Condition: Resale
  • Roof: Metal
  • Window Features: Double Pane Windows, Window Treatments
  • Year Built: 2022
  • Construction Materials: Stucco
  • Exterior Features: Balcony, Outdoor Grill, Private Yard

Features

  • Direction Faces: NE
  • Fencing: Back Yard, Stone, Wrought Iron
  • Patio And Porch Features: Covered, Rear Porch
  • View: Neighborhood

Measurements

  • Lot Features: Back Yard, Interior Lot, Landscaped, Native Plants, Sprinkler - Automatic, Sprinkler - In-ground, Trees-Small (Under 20 Ft)
  • Lot Size Acres: 0.24
  • Lot Size Area: 0
  • Lot Size Square Feet: 10,550

Financial

Taxes

  • Parcel Number: 01278301150000
  • Tax Annual Amount: $31,425.32
  • Tax Assessed Value: $1,288,910.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Dishwasher, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Wine Refrigerator
  • Fireplace Features: Living Room
  • Fireplaces Total: 1
  • Flooring: Carpet, Tile
  • Interior 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

Measurements

  • Living Area: 3,894
  • Living Area Source: Public Records

Rooms

  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 4
  • Main Level Bedrooms: 2

Other

Environmental

  • Green Energy Efficient: See Remarks

Location

  • Subdivision Name: Serene Hills Sub Ph 2E
  • Tax Lot: 46

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 3
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Features: Attached, Driveway, Garage, Oversized, Parking Pad
  • Parking Total: 6

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
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Private

Frequently Asked Questions

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

There are 4 bedrooms and 5 bathrooms in this single-family home at 706 Crestone Stream DR.

What schools are nearby to 706 Crestone Stream DR?

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 3 parking spaces available for 706 Crestone Stream DR.

What are the annual taxes for 706 Crestone Stream DR?

Annual taxes for this single-family home are estimated at $31,425.

How does 706 Crestone Stream DR compare to other single-family homes in Lakeway?

This single-family home is listed 8% above the average price for single-family homes in Lakeway and has been on the market for 78 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 HOA (512)288-2376 home owners association.

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

According to the MLS, this listing is 3,894 sqft.

706 Crestone Stream DR is a 4-bedroom, 5-bath single-family home for sale in Austin TX 78738. Available on Prevu for 17 days at $1,319,000. This includes a recent price decrease of $41,000. This home features 3,894 square feet of living space, located in Lakeway. The median listing price for single-family homes in this area is $825,000. Nearby schools include Serene Hills Elementary School, Lake Travis Middle School, and Lake Travis High School. Additional amenities include private outdoor space, dishwasher, air conditioning, and parking. View other 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.