ActiveResidential · sale

802 Crestone Stream

Lakeway, TX 78738

$1,299,000

  • 4 beds
  • 3 baths
  • 2,956 sq ft
  • 0.29 acres
  • Built 2013

Listed by Compass RE Texas, LLC. · MLS #ACT1456569

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The inviting family room is anchored by a floor-to-ceiling stone fireplace with custom built-in shelving and cabinetry, creating a warm focal point.

Details worth a look

The covered patio includes a built-in fireplace and BBQ island, overlooking a sparkling self-cleaning pool and the lush greenbelt backdrop beyond.

Year built

Built in 2013.

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

THE PROPERTY

Get to know the property.

Backing to an 18-acre greenbelt with 3.6 miles of walking trails, 802 Crestone Stream Drive offers a rare combination of privacy, thoughtful updates, and effortless single-story living. This bright and spacious 4-bedroom home with a dedicated office, 3.5 baths, and nearly 3,000 square feet features a highly functional floor plan, elegant architectural details, crown molding, remodeled bathrooms, and beautiful greenbelt views. Rich chocolate-brown real hardwood floors flow throughout the home, adding character and style.

The inviting family room is anchored by a floor-to-ceiling stone fireplace with custom built-in shelving and cabinetry, creating a warm focal point. The living area opens seamlessly to the gourmet kitchen and breakfast area, making the home ideal for everyday living and entertaining. The kitchen features built-in KitchenAid appliances, quartz countertops, a stylish backsplash, refinished cabinetry, and a convenient butler’s pantry/coffee bar with beverage refrigerator. A large formal dining room provides additional space for gatherings and special occasions.

The private primary suite offers a beautifully remodeled bathroom with designer tile, a pedestal soaking tub, and a spacious walk-in shower. A secondary guest bathroom has also been tastefully updated with striking marble tile, while two additional guest bedrooms share a Jack-and-Jill bath. The large utility room offers excellent functionality, with space for a second refrigerator.

Outdoor living is a true highlight. The covered patio includes a built-in fireplace and BBQ island, overlooking a sparkling self-cleaning pool and the lush greenbelt backdrop beyond.

Complete with a 3-car garage with epoxy flooring, direct access to nature trails, and a very private greenbelt setting, this beautifully updated home delivers comfort, style, and an exceptional lifestyle in Serene Hills within Lake Travis ISD and zoned to Serene Hills Elementary.

THE NEIGHBORHOOD

Explore the location.

802 Crestone Stream, Lakeway, TX 78738

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2013
Full baths
3
Half baths
0
Garage spaces
3
Cooling
Central Air
Heating
Central, Natural Gas
Appliances
Bar Fridge, Built-In Oven(s), Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Double Oven, RNGHD, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater, Water Softener, Water Softener Owned, Wine Refrigerator
Flooring
Tile, Wood
Fencing
Fenced, Full, Wrought Iron
Accessibility
None
Pool features
Gunite, Heated, In Ground
Subdivision
Serene Hills Sub Ph 2e
Parcel
01278301210000
HOA
Serene Hills
HOA amenities
Common Area Maintenance
HOA fee frequency
Quarterly
Elementary school
Serene Hills
Middle school
Lake Travis
High school
Lake Travis
Annual property tax
$25,624.00
HOA fee
$255.00

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$1,698.11
Estimated monthly rent$5,412.50
Cap rate1.82%

Annual operating income: $23,624.80

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.

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802 Crestone Stream, Lakeway, TX 78738 · MLS #ACT1456569

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Listing information

MLS #ACT1456569 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC.
Listing agent: Diana Roberts

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