ActiveResidential · sale

11928 Musket Rim

Austin, TX 78738

$4,200,000

  • 5 beds
  • 6 baths
  • 5,200 sq ft
  • 1.36 acres
  • Built 2015

Listed by Compass RE Texas, LLC · MLS #ACT9165264

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2015.

Garage parking

3 garage spaces listed.

Property size

1.36 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Set atop a commanding 1.36-acre hillside within the prestigious gates of Spanish Oaks, this extraordinary estate captures sweeping Hill Country views and a sense of privacy rarely found so close to the city, blending contemporary sophistication with warm natural textures for a home that feels both architecturally striking and effortlessly livable.

A dramatic arrival unfolds through grand double doors into soaring cathedral ceilings framed by Douglas fir beams and floor-to-ceiling windows. Stone, metal, and rich natural woods create a refined palette that feels timeless and quietly luxurious. The kitchen is beautifully appointed with custom knotty alder cabinetry, natural stone surfaces, professional Thermador appliances, and a fully equipped butler's pantry and wine room. Multiple living spaces flow seamlessly throughout, including a sunroom wrapped in glass, a sophisticated library, media room, and inviting secondary suites. The owner's retreat features exquisite architectural detailing, a fireplace, and a spa-inspired bath with a multi-function Roman shower.
Outdoors, terraced decks and expansive entertaining areas overlook a dramatic pool grotto with waterfall, heated spa, and panoramic Hill Country views - an unforgettable setting for hosting or quiet mornings above the valley.

Whole-home automation, multi-zone audio, and advanced security integrate seamlessly throughout. Located in one of Austin's most sought-after gated golf communities, residents enjoy Spanish Oaks Golf Club, Austin Tennis Academy, resort-style pool, scenic trails, and 24-hour security - minutes from Lake Travis and a short drive to downtown. Freshly painted and impeccably maintained, this is elevated Hill Country living at its finest.

THE NEIGHBORHOOD

Explore the location.

11928 Musket Rim, Austin, TX 78738

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2015
Full baths
4
Half baths
2
Garage spaces
3
Cooling
Central Air
Heating
Central, Electric
Appliances
Built-In Gas Range, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Free-Standing Freezer, Microwave, Double Oven, Stainless Steel Appliance(s), Water Softener Owned, Wine Refrigerator
Flooring
Tile, Wood
Fencing
Back Yard, Wrought Iron
Accessibility
None
Pool features
In Ground, Waterfall
Subdivision
Spanish Oaks
Parcel
01136001080000
HOA
Spanish Oaks POA
HOA amenities
Common Area Maintenance
HOA fee frequency
Quarterly
Elementary school
Lake Pointe
Middle school
Lake Travis
High school
Lake Travis
HOA fee
$1,597.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$17,500.00
Cap rate

Annual operating income:

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

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11928 Musket Rim, Austin, TX 78738 · MLS #ACT9165264

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Listing information

MLS #ACT9165264 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Nicole Kessler

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.