706 Crestone Stream DR, Austin, TX — photo 1
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$1,360,000
4 beds4.5 baths3,894 sqft

706 Crestone Stream DR, Austin, TX 78738

MLS #248635396 · Moreland Properties · Katherine Wright

Residential
Built in 2022
0.24 Acres Lot
$349/sqft
HOA $280 / quarterly

About this home

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.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
2022
Full baths
4
Half baths
1
Lot size
0.2422
MLS area
LS
MLS #
248635396

Features

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

Exterior features

  • Balcony
  • Outdoor Grill
  • Private Yard

Additional details

Parking
Attached, Driveway, Garage, Oversized, Parking Pad
Garage spaces
3
Roof
Metal
Foundation
Slab
HOA
$280 / quarterly
Annual tax
$31,425

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Schools

Assigned schools per the MLS.

School district
Lake Travis ISD
Elementary
Serene Hills
Middle
Lake Travis
High
Lake Travis

See Lake Travis ISD schools & boundaries →

Comparable homes near 706 Crestone Stream DR

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
16.1 mi
Austin-Bergstrom Airport
22.1 mi

Straight-line distance, not drive time.

Market insights

Compared with 482 active homes in ZIP 78738 · HomeLocating listings

Area median price
$977,000
This home vs. median
39% above
Homes with a price cut
43%

At $1,360,000, this home is priced 39% above the $977,000 median across 482 active homes in ZIP 78738, including other homes in Serene Hills.

Estimated monthly payment

$10,156/mo
Principal & interest$6,877/mo
Property taxes
Home insurance (est.)
HOA dues

Home price

$1,360,000

Down payment

20% ($272,000)

Loan details

30-yr fixed, 6.50%

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Listing courtesy of Moreland Properties · Katherine Wright

Listing data last updated Oct 23, 2026, 5:46 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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