10500 Milky WAY, Austin TX 78730
MLS #242855480 · Keller Williams - Lake Travis · Amy Brossette
About this home
Set on a beautifully landscaped 1.12-acre homesite in one of Austin’s premier luxury communities, this custom estate offers the rare combination of timeless design, functional living, and resort-style outdoor spaces. From the moment you arrive, the home’s commanding presence and mature landscaping create a sense of privacy and elegance that continues throughout all 6,261 square feet. Designed with both everyday comfort and entertaining in mind, the floor plan lives beautifully with 5 spacious en suite bedrooms, including 3 on the main level and 2 upstairs. The heart of the home is the stunning great room, where soaring spaces and a dramatic stone fireplace create a warm yet sophisticated gathering place. Multiple living and entertaining areas provide incredible flexibility, including formal and casual dining spaces, a private office, downstairs billiards/game room, and an upstairs game room with dedicated media room. The gourmet kitchen opens seamlessly to the living spaces and is equipped for both casual family dinners and large-scale entertaining. Premium stainless appliances include a 48” Wolf range, three ovens, warming drawer, built-in refrigerator, microwave oven, and two beverage refrigerators. An oversized utility room with abundant storage, sink, and additional refrigerator space adds everyday convenience rarely found in luxury homes. Step outside and the property transforms into a true private retreat. Expansive covered patios are designed for year-round enjoyment with a built-in grill, sink, and outdoor television overlooking the resort-style pool and spa. A fire pit and multiple entertaining areas create the perfect setting for everything from quiet evenings under the stars to unforgettable gatherings with family and friends. This is Austin Hill Country living at its finest, yet only 14 miles to downtown Austin.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 2005
- Full baths
- 5
- Half baths
- 1
- Lot size
- 1.12
- Subdivision
- Preserve At River Place Sec 02
- MLS area
- RN
- MLS #
- 242855480
Features
Interior features
- Bar
- Built-in Features
- Ceiling Fan(s)
- Beamed Ceilings
- Cathedral Ceiling(s)
- Tray Ceiling(s)
- Vaulted Ceiling(s)
- Chandelier
- Granite Counters
- Gas Dryer Hookup
- In-Law Floorplan
- Interior Steps
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Study/Home Office
- Walk-In Closet(s)
- Washer Hookup
- Wired for Sound
Exterior features
- Gas Grill
- Gutters Full
- Outdoor Grill
Additional details
- Parking
- Attached, Garage, Garage Door Opener, Garage Faces Side, Guest
- Garage spaces
- 3
- Roof
- Metal
- Foundation
- Slab
- HOA
- $462 / annually
- Annual tax
- $41,366
Location
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Schools
Assigned schools per the MLS.
- School district
- Leander ISD
- Elementary
- River Place
- Middle
- Four Points
- High
- Vandegrift
Comparable homes near 10500 Milky WAY
Similar homes currently for sale nearby, ranked by distance.
Getting around
- Downtown Austin
- 10.4 mi
- Austin-Bergstrom Airport
- 17 mi
Straight-line distance, not drive time.
Market insights
Compared with 101 active homes in ZIP 78730 · HomeLocating listings
At $2,950,000, this home is priced 207% above the $959,500 median across 101 active homes in ZIP 78730.
Estimated monthly payment
Home price
$2,950,000
Down payment
20% ($590,000)
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 Keller Williams - Lake Travis · Amy Brossette
Listing data last updated Oct 2, 2026, 11:46 PM
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