10500 Milky WAY Austin, TX 78730 Active

UPDATED: 06/03/2026 09:03 AM ON MARKET: 19 days on market

$2,950,000

5 Beds5.5 Baths6,261 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 6,261 sqft

Price per Sqft $471

Subdivision Preserve At River Place Sec 02

MLS Listing ID 2381013

Style 1st Floor Entry,Entry Steps

Bedrooms 5

Full Baths 5

Half Baths 1

HOA Fees $462/ann

HOA Y/N Yes

Year Built 2005

Annual Tax Amount $41,366

Tax Year 2025

Lot Size 1.120 Acres

Acres 1.12

Property Sub-Type Single Family Residence

Source actris

Property Description

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.

Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 06/03/2026. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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Data last updated: 06/03/2026 20:07