702 Serene Estates Dr, Lakeway, TX, 78738
About This Home
Located in the highly acclaimed Lake Travis Independent School District, this Serene Hills home offers the perfect blend of luxury, privacy, and convenience - just minutes from Lake Travis and Hill Country Galleria. Situated on a corner lot, this thoughtfully designed home features 2 bedrooms down (including a secondary suite with walk-in shower) and 3 bedrooms up, along with a private study. Designed around an oversized central patio, natural light fills the home while a natural buffer enhances privacy. The chef’s kitchen includes KitchenAid appliances, a large island, custom cabinetry, and a separate bar with wine refrigerator - ideal for entertaining. The spacious owner’s retreat features an oversized walk-in closet with direct access to an oversized utility room for added convenience. A 3-car garage and pre-wiring for EV charging add everyday functionality. A rare combination of layout, location, and livability
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2018
Materials
- Foundation: Slab
- Roof: Tile
- Construction materials: Stone,Stucco
Other
- Builder name: Drees Custom Homes
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary,Mediterranean
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Disposal,Dryer,Refrigerator,Washer,Double Oven,Microwave,Gas Range,Dishwasher
- Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Features
- High Ceilings,Wired for Sound,2 Bedrooms Down,Primary Bed - 1st Floor,Walk-In Closet(s)
- Flooring: Tile,Vinyl
- Number of fireplaces: 1
- Fireplace features: Electric
- Fireplace: Yes
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Ceiling Fan(s),Electric
Interior Area
- Total structure area: 4,663
- Total interior livable area: 4,663 sqft
Kitchen
- Features: Kitchen Island,Kitchen open to Family Room,Under Cabinet Lighting,Walk-in Pantry
Master Bathroom
- Features: Full Secondary Bathroom Down,Half Bath,Primary Bath: Double Sinks,Primary Bath: Separate Shower
Property
Details
- Parcel number: 834262
Features
- Stories: 2
- Exterior features: Sprinkler System
- Fencing: Back Yard
Lot
- Lot size: 0.37 Acres
- Features: Corner Lot,Greenbelt,Subdivided,1/4 Up to 1/2 Acre
Parking
- Total spaces: 3
- Parking features: Attached,Oversized,Garage Door Opener,Driveway
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Inland Flooding
- Tornado
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $10,113 | $121,356 |
| Home Insurance * | $750 | $9,000 |
| Property Taxes | $3,851 | $46,212 |
| Electricity | $512 | $6,144 |
| Total | $15,226 | $182,712 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-22 | Listed for sale | $1,999,999 |
| 2025-07-30 | Listing removed | $2,220,000 |
| 2025-05-30 | Price change | $9,000 |
| 2025-05-30 | Price change | $2,220,000 |
| 2025-04-25 | Listed for rent | $10,000 |
| 2025-03-18 | Listed for sale | $2,320,000 |
| 2023-09-05 | Listing removed | -- |
| 2023-08-24 | Listing removed | -- |
| 2023-08-14 | Price change | $2,400,000 |
| 2023-08-10 | Price change | $9,000 |
| 2023-08-04 | Price change | $2,395,000 |
| 2023-07-26 | Price change | $9,500 |
| 2023-07-17 | Listed for sale | $2,400,000 |
| 2023-06-25 | Price change | $10,000 |
| 2023-06-20 | Listed for rent | $12,000 |
| 2022-03-17 | Listing removed | -- |
| 2022-02-04 | Listed for sale | $2,450,000 |
| 2021-08-09 | Sold | -- |
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