10500 Milky Way Austin, TX $ 2,950,000
10500 Milky Way
$ 2,950,000
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10500 Milky Way

Austin, TX, 78730
$ 2,950,000
Bedrooms5 Baths5.1 Sq 6,261

Monthly Estimate*

$ 18,164

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Single Family Home for sale in Austin, TX

for $2,950,000 with 5 bedrooms and 5 full baths, 1 half bath. This 6,261 square foot home was built in 2005 on a lot size of 1.12.

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.

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Single Family Active

Price

$ 2,950,000

Bedrooms

5

Full Bath

5

Half Bath

1

Property Type

Single Family

Taxes

$ 41,366

Style

Single Family Residence

Lot Size

1.12

Year Built

2005

Town/City

Austin

County/Region

Travis

MLS | Web ID

2381013

Features
General
Living Area 6261
Sewer Public Sewer
Heating Central Fireplace(s) Forced Air Natural Gas
Cooling Ceiling Fan(s) Central Air Electric
Utilities Electricity Connected Natural Gas Available Underground Utilities Water Connected
Roof Metal
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
HOA Fee 462
Garage Spaces 3
Association Fee Includes Common Area Maintenance Insurance
Patio/Porch Features Covered Front Porch Patio Porch Rear Porch
Pool Features Fiberglass Gunite In Ground Outdoor Pool Pool Sweep Pool/Spa Combo
Security Features Security System Security System Owned Smoke Detector(s)
Construction Materials Stone Veneer Stucco
Year Built 2005
View None
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features None
Community Features Common Grounds Curbs Fishing Golf Park Picnic Area Playground Sport Court(s)/Facility Tennis Court(s) Underground Utilities Trail(s)
Accessibility None
Assoc Fee Paid Per Annually
County Travis
New Construction N
Property Type Residential
HOA Y
Energy Efficient None
Subdivision Name Preserve At River Place Sec 02
Facing Direction South
Green Sustainability None
Other Structures None
Full Baths 5
Status Active
Directions west on 2222 to River Place BLVD; Turn left at light at River Place BLVD. Milky Way Dr will be the on the left. Turn left onto Milky Way Dr. House is 4th on the left.
High School Vandegrift
City Austin
Disclosures Seller Disclosure
Association Name River Place Residential Community Association
MLS Area RN
Lot Size Square Feet 48787.2
Spa Features Gunite Hot Tub In Ground
Elementary School River Place
Tax Annual Amount 41366
Middle/Junior High School Four Points
Property Condition Resale
Additional Parcels Y/N N
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 2206059
Virtual Tour https://properties.centexmarketing.com/10500milkywaydr
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Interior
Interior Amenities Bar Built-in Features Ceiling Fan(s) Beamed Ceilings Cathedral Ceiling(s) Tray Ceiling(s) Ceiling-Vaulted Chandelier Granite Counters In-Law Floorplan Interior Steps Kitchen Island Multiple Dining Ar
Flooring Carpet Tile Wood
Total Fireplaces 3
Fireplace Features Fire Pit Gas Great Room Masonry Outside Raised Hearth
Window Features Drapes Insulated Windows Screens Window Treatments
Half Baths 1
Total Bedrooms 5
Main Level Bedrooms 3
Total Baths 6
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Exterior
Exterior Amenities Gas Grill Gutters Full Outdoor Grill
Fencing Masonry Stone Wrought Iron
Parking Features Attached Garage Garage Door Opener Garage Faces Side Guest
Lot Features Curbs Landscaped Sprinkler - Automatic Sprinklers In Rear Sprinklers In Front Sprinklers On Side Trees-Heavy
Water Source Public
Total Parking 3
Foundation Details Slab
Lot Size Acres 1.12
Waterfront Y/N N
Covered Spaces 3
Horse Y/N N
Horse Amenities None
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Internal Only
Street Number 1 10500
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* Excluded Features
List By
Amy Brossette

Listing Agent

Keller Williams - Lake Travis

Broker

amy@amysellingaustin.com

Email

Affordability Calculator

$21,611
Per Month
84%
16%
0%
Monthly Principal & Interest
$18,164
Monthly Property Taxes
$3,447
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4360535 Elementary School
4360523 Middle School
Vandegrift High School High School
Pricing History
DatePricePrice ChangeDescription
6/2/2026$2,950,000 Listed Price

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10500 Milky Way, Austin, TX, 78730 is a Single Family Home for sale at $2,950,000 with 6,261 sqft and a lot size of 1.12. 10500 Milky Way has 5 bedrooms, 5.1 baths, and was built in 2005. The property's zip code is 78730 which is in Austin, TX