1005 Lakewood Hills TER, Austin, TX — photo 1
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$1,899,999
6 beds5 baths5,485 sqft

1005 Lakewood Hills TER, Austin TX 78732

MLS #244172224 · Avalar Austin · Rhonda Durrill

Residential
Built in 2011
0.54 Acres Lot
$346/sqft
HOA $1,018 / semi-annually

About this home

Rare opportunity in Steiner Ranch! Located in a gated community on a private .54-acre lot, this exceptional property offers something almost impossible to find in Steiner Ranch at this price— a stunning detached guest house or ADU with 1,239 square feet of living space. Perfect for multigenerational living, long-term guests, a private office, or a creative studio, the guest house features its own living area with custom built-ins, Huge living area, kitchen, spacious private bedroom, full bathroom, storage space, covered porch, and walls of windows overlooking the resort-style backyard. It feels like a home of its own and adds incredible flexibility and value to the property. The custom main home offers approximately 4,246 square feet with 5 bedrooms, 5 bathrooms, a dedicated office, game room, and media room. Designer details are showcased throughout including a chef-inspired kitchen, custom lighting, built-ins, designer wallpaper, real wood flooring, designer carpet, and an impressive custom designed primary suite closet. The oversized 3-car garage includes additional air-conditioned flex space ideal for storage, a workshop, gym, or hobby area. Outside, enjoy a true backyard retreat with a covered patio and built-in outdoor kitchen, fireplace, large swimming pool with diving board, hot tub, fire pit area, and mature heritage oak trees creating a private park-like setting. This property is perfect for multigenerational living or someone needing an ADU (Accessory Dwelling Unit), Mother-in-law suite, guest house, casita, or a detached area for work purposes.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
2011
Full baths
4
Half baths
2
Lot size
0.5427
MLS area
RN
MLS #
244172224

Features

Interior features

  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • High Ceilings
  • Tray Ceiling(s)
  • Chandelier
  • Granite Counters
  • Crown Molding
  • Double Vanity
  • Entrance Foyer
  • French Doors
  • Kitchen Island
  • Multiple Dining Areas
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Sauna
  • Storage
  • Study/Home Office
  • Walk-In Closet(s)

Exterior features

  • See Remarks
  • Garden
  • Gas Grill
  • Gutters Full
  • Lighting
  • Private Entrance
  • Private Yard

Additional details

Parking
Garage, Garage Door Opener, Garage Faces Side
Garage spaces
3
Roof
Composition, Shingle
Foundation
Slab
HOA
$1,018 / semi-annually
Annual tax
$26,449

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Schools

Assigned schools per the MLS.

School district
Leander ISD
Elementary
River Ridge
Middle
Canyon Ridge
High
Vandegrift

See Leander ISD schools & boundaries →

Comparable homes near 1005 Lakewood Hills TER

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
11.7 mi
Austin-Bergstrom Airport
18.2 mi

Straight-line distance, not drive time.

Market insights

Compared with 178 active homes in ZIP 78732 · HomeLocating listings

Area median price
$850,000
This home vs. median
124% above
Homes with a price cut
45%

At $1,899,999, this home is priced 124% above the $850,000 median across 178 active homes in ZIP 78732, including other homes in Steiner Ranch.

Estimated monthly payment

$12,773/mo
Principal & interest$9,607/mo
Property taxes
Home insurance (est.)
HOA dues

Home price

$1,899,999

Down payment

20% ($380,000)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of Avalar Austin · Rhonda Durrill

Listing data last updated Oct 2, 2026, 11:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

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