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Crystal Olenbush

512-344-6000
  • 1005 Lakewood Hills Terrace

  • $1,990,000 REDUCED
  • 6 Beds, 6 Bath, 5485 SQ. Feet, 0.54 Acres Residential Austin, TX 78732

Rare opportunity in Steiner Ranch! Located in a gated community on a private .54-acre lot, this exceptional property offers something almost impossible to find in Steiner Ranch at this price— a stunning detached guest house with 1,239 square feet of living space. Perfect for multigenerational living, long-term guests, a private office, or a creative studio, the guest house features its own living area with custom built-ins, Huge living area, kitchen, spacious private bedroom, full bathroom, storage space, covered porch, and walls of windows overlooking the resort-style backyard. It feels like a home of its own and adds incredible flexibility and value to the property. The custom main home offers approximately 4,246 square feet with 5 bedrooms, 5 bathrooms, a dedicated office, game room, and media room. Designer details are showcased throughout including a chef-inspired kitchen, custom lighting, built-ins, designer wallpaper, real wood flooring, designer carpet, and an impressive custom designed primary suite closet. The oversized 3-car garage includes additional air-conditioned flex space ideal for storage, a workshop, gym, or hobby area. Outside, enjoy a true backyard retreat with a covered patio and built-in outdoor kitchen, fireplace, large swimming pool with diving board, hot tub, fire pit area, and mature heritage oak trees creating a private park-like setting. Properties with this level of space, versatility, and a fully functional guest house are exceptionally rare in Steiner Ranch.

View More Properties in Steiner Ranch. View More Properties in the 78732 Zip Code. View More Properties in the Leander School District.

Essential Information

  • MLS® #6725016
  • Price$1,990,000
  • Bedrooms6
  • Bathrooms6.00
  • Full Baths4
  • Half Baths2
  • Square Footage5,485
  • Acres0.54
  • Year Built2011
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address1005 Lakewood Hills Terrace
  • SubdivisionSteiner Ranch Ph 01 Sec 7B
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78732

Amenities

  • # of Garages3
  • GaragesGarage Door Opener
  • WaterfrontNone
  • Has PoolYes

Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities

Features

Common Grounds/Area, Clubhouse, Dog Park, Golf, Playground, Park, Sidewalks, Trails/Paths, Curbs, Community Mailbox, Fishing, Gated, Lake, Pool, Sport Court(s), Suburban, Tennis Court(s), Trash Pickup Door to Door

Parking

Garage, Garage Door Opener, Garage Faces Side

Interior

  • InteriorCarpet, Tile, Wood
  • HeatingCentral, Natural Gas
  • CoolingCentral Air, Ceiling Fan(s)
  • FireplaceYes
  • # of Fireplaces2
  • # of Stories2
  • StoriesTwo

Appliances

Built-In Oven, Dishwasher, Exhaust Fan, Gas Cooktop, Disposal, Microwave, Refrigerator, Plumbed For Ice Maker, Trash Compactor

Fireplaces

Gas Starter, Living Room, Wood Burning, Gas Log, Outside, Stone

Exterior

  • RoofComposition, Shingle
  • ConstructionStucco, Stone
  • FoundationSlab

Exterior Features

Garden, Gas Grill, Private Entrance, Private Yard, Rain Gutters, Fire Pit, Lighting, See Remarks

Lot Description

Back Yard, Front Yard, Landscaped, Sprinklers Automatic, Trees Large Size, Corner Lot, Many Trees

Windows

Double Pane Windows, Drapes, Window Treatments, Insulated Windows, Shutters, Window Coverings

School Information

  • DistrictLeander ISD
  • ElementaryRiver Ridge
  • MiddleCanyon Ridge
  • HighVandegrift

Map & Directions

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Price Change History for 1005 Lakewood Hills Terrace, Austin, TX (MLS® #6725016)

Date Details Price Change
Price Reduced (from $2,100,000) $1,990,000 $110,000 (5.24%)

Property Listed by: Avalar Austin

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from July 19th, 2026 at 10:45pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.