ActiveResidential · sale

3400 Serene Hills

Austin, TX 78738

$1,290,000

  • 4 beds
  • 4 baths
  • 3,278 sq ft
  • 2.47 acres
  • Built 2002

Listed by Creekview Realty · MLS #ACT1792918

3400 Serene Hills, Austin, TX 78738 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

The west-facing backyard delivers unforgettable sunsets each evening, best enjoyed from the covered patio overlooking the sparkling pool and serene, wooded surroundings.

Year built

Built in 2002.

Garage parking

2 garage spaces listed.

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

THE PROPERTY

Get to know the property.

Set on nearly 2.5 private acres in the heart of Lakeway, this stunning estate offers the perfect blend of luxury, nature, and convenience. Spend your days lounging in your very large, private pool with a view of Lake Travis. If pickle ball is your thing, there is plenty of room to build your own court! Surrounded by miles of scenic hiking and biking trails, with parks and recreation just moments from your doorstep, this house has it all. Enjoy easy access to nearby public and private golf courses, a tennis club, marina, and general aviation airport — all while experiencing the sought-after Lakeway resort lifestyle without mandatory HOA fees.
Inside, expansive windows flood the home with natural light and frame breathtaking, panoramic views of the Texas Hill Country and Lake Travis. The west-facing backyard delivers unforgettable sunsets each evening, best enjoyed from the covered patio overlooking the sparkling pool and serene, wooded surroundings.
This rare retreat offers the privacy and tranquility of a secluded getaway while remaining just minutes from Lakeway’s premier dining, shopping, and amenities, with convenient access to downtown Austin. Located within the highly acclaimed Lake Travis Independent School District and within walking distance to Serene Hills Elementary School, this exceptional property combines timeless beauty with everyday practicality.
Home includes over 3416 sqft of updated and renovated space including an office/sun room and climate controlled garage. Notable updates include upgraded windows and roof (2015), new floors (2021), pool resurfaced (2021), new carpet (2026), all renovated bathrooms and kitchen, as well as a new tankless water heater (2026).This property offers so much and has plenty of opportunities to make it your dream property!
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THE NEIGHBORHOOD

Explore the location.

3400 Serene Hills, Austin, TX 78738

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2002
Full baths
4
Half baths
0
Garage spaces
2
Cooling
Ceiling Fan(s), Central Air, Whole House Fan
Heating
Heat Pump
Appliances
Built-In Electric Oven, Built-In Refrigerator, Dishwasher, Disposal, Down Draft, Dryer, Electric Cooktop, Microwave, Electric Oven, Washer
Flooring
Carpet, Laminate, Tile
Fencing
Back Yard, Partial, Perimeter
Accessibility
None
Pool features
Diving Board, Gunite, In Ground, Outdoor Pool
Subdivision
Majestic Hills Ranchettes
Parcel
01338301020000
Elementary school
Serene Hills
Middle school
Lake Travis
High school
Lake Travis
Annual property tax
$18,899.80

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$5,375.00
Cap rate—

Annual operating income: —

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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 & interest—Loan 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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3400 Serene Hills, Austin, TX 78738 · MLS #ACT1792918

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Listing information

MLS #ACT1792918 · Austin Board of Realtors

Listing brokerage: Creekview Realty
Listing agent: John Prell

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