10500 Milky WAY
Austin, TX, 78730
$2,950,000
5 Beds
5.5 Baths
6,261 SqFt
1.12 Acres
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MLS #2381013 image #0
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.
Listing Provided Courtesy of Keller Williams – Lake Travis

Property Details

Price:
$2,950,000
MLS #:
2381013
Status:
Active
Beds:
5
Baths:
5.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Preserve At River Place Sec 02
Listed Date:
May 15, 2026
Finished Sq Ft:
6,261
Lot Size:
48,787 sqft / 1.12 acres (approx)
Year Built:
2005
PoolTennisPreserve At River Place Sec 02Leander IsdRiver PlaceFour PointsVandegriftNone

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Schools

School District:
Leander ISD
Elementary School:
River Place
Middle School:
Four Points
High School:
Vandegrift

Interior

Appliances
Bar Fridge, Built-In Electric Oven, Built-In Gas Range, Built-In Oven(s), Built-In Refrigerator, Convection Oven, Cooktop, Dishwasher, Disposal, Microwave, RNGHD, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Gas Water Heater, Wine Refrigerator
Bathrooms
5 Full Bathrooms, 1 Half Bathroom
Cooling
Ceiling Fan(s), Central Air, Electric
Fireplaces Total
3
Flooring
Carpet, Tile, Wood
Heating
Central, Fireplace(s), Forced Air, Natural Gas
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
Levels
Two
Main Level Bedrooms
3

Exterior

Accessibility Features
None
Attached Garage YN
1
Community Features
Common Grounds, Curbs, Fishing, Golf, Park, Picnic Area, Playground, Sport Court(s)/Facility, Tennis Court(s), Underground Utilities
Covered Spaces
3
Direction Faces
South
Exterior Features
Gas Grill, Gutters Full, Outdoor Grill
Fencing
Masonry, Stone, Wrought Iron
Garage Spaces
3
Lot Features
Curbs, Landscaped, Sprinkler – Automatic, Sprinkler – Back Yard, Sprinklers In Front, Sprinkler – In-ground, Sprinkler – Side Yard, Trees-Heavy
Other Structures
None
Parking Features
Attached, Garage, Garage Door Opener, Garage Faces Side, Guest
Patio And Porch Features
Covered, Front Porch, Patio, Porch, Rear Porch
Roof
Metal
Spa Features
Gunite, Hot Tub, In Ground
View
None
Waterfront Features
None
Window Features
Drapes, Insulated Windows, Screens, Window Treatments

Financial

HOA Fee
$462
HOA Fee Frequency
Annually
HOA Includes
Common Area Maintenance, Insurance
HOA Name
River Place Residential Community Association
Taxes
$41,366

Map

Community

Subdivisions in Austin

Market Summary

Current real estate data for Single Family in Austin as of Jun 20, 2026
4,181
Single Family Listed
81
Avg DOM
386
Avg $ / SqFt
$1,012,235
Avg List Price

Property Summary

    Located in the Preserve At River Place Sec 02 subdivision, 10500 Milky WAY Austin TX is a Single Family for sale in Austin, TX, 78730. It is listed for $2,950,000 and features 5 beds, 6 baths, and has approximately 6,261 square feet of living space, and was originally constructed in 2005. The current price per square foot is $471. The average price per square foot for Single Family listings in Austin is $386. The average listing price for Single Family in Austin is $1,012,235. To schedule a showing of MLS#2381013 at 10500 Milky WAY in Austin, TX, contact your Stripe Realty agent at 512-439-2122.

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