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$515,000
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Property Description
Welcome to one of the last premier homesites in the exclusive gated community of Bell Montagna, nestled in the scenic hills of Lakeway, Texas. This expansive 1.170-acre lot offers the perfect canvas to build your dream home, with breathtaking panoramic views that will truly come to life once construction is complete. Ideally north-facing, the lot is positioned to minimize exposure to the west-setting sun, providing cooler afternoons and beautiful, soft evening light. Residents of Bell Montagna enjoy access to resort-style amenities, including championship golf courses, tennis facilities, marinas, and upscale shopping and dining - all just minutes away. The community's gated entrance adds privacy and security, enhancing the overall sense of luxury and exclusivity. With its prime orientation, generous size, and location within one of Lakeway's most desirable neighborhoods, this lot presents a rare opportunity to create a custom retreat in the heart of the Texas Hill Country.For those interested in building, a completed custom design plan for house plan are available upon request. The custom design plan includes approx. 4800 sqft. home featuring 4 bedrooms, 4 bathrooms, a private study, a game room, and a 4 car side garage. This plan offers a customizable design, allowing buyers to modify it to match their personal style. Final plans are subject to HOA approval. Preferred builder available for consultation.
Full Property Details
Full Property Details for 206 Palazza Alto Dr
General
- Price: $515,000
- HOA FEE: $120/month
- HOA FEE FREQ.: Annually
- Taxes: (2024)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 7698388
- Updated: 10/26/2025
- Added to Site: 89 day(s) ago
Additional Information
- Shared Amenities: Community Mailbox, Gated
Location
- Area: LS
- County: Travis
- Subdivision: BELLA MONTAGNA ESTATES (Round Mountain Estates)
- Driving Directions: Heading south on 620 towards Lakeway, right on Palazza Alto Drive into Bella Montagna Subdivision. Once through gate property down on left. See signage. You will need to obtain gate code from agent.
School Information
- Elem School District: Lake Travis ISD
- Midd School District: Lake Travis ISD
- High School District: Lake Travis ISD
- Elementary School: Lake Travis
- Middle School: Lake Travis
- High School: Lake Travis
Community
- Gated community: Yes
- Association: Yes
Utilities
- Sewer: Septic Needed
- Water: Municipal Utility District
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Phone Available, Underground Utilities
Structural Information
- Detached/Attached: Detached
Additional Structures
- Other Structures: None
Lot Features
- Property View: Hills
- Lot Size (Acres): 1.1703
- Lot Size (Sq. Ft.): 50,978.27
- Lot Features: Sloped Down, Near Golf Course, Interior Lot, Trees Medium Size, Views
Financial Considerations
- Association Fee: $1,440
- Assoc Fee Freq.: Annually
- Assessment Amount: $600,000
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LOT 59 BELLA MONTAGNA ESTATES (FORMERLY ROUND MOUNTAIN ESTATES 2)
- Disclosures/Reports: None
- Property ID: 1396808290000
- Lot Number: 59
Listed by LaVache Property Group
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Schools
Schools serving 206 Palazza Alto Dr
School District:Lake Travis Independent School District
| Name | Grades | Distance |
|---|---|---|
Lake Travis Elementary School 15303 Kollmeyer, Austin, TX 78734 | PK-5 | 0.9 mi |
Hudson Bend Middle School 15600 Lariat Trail, Austin, TX 78734 | 6-8 | 2.3 mi |
Lake Travis High School 3324 Ranch Road 620 South, Austin, TX 78738 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 206 Palazza Alto Dr
Date
Details
Price
Change
Source
10/22/2025
Listed
$515,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 206 Palazza Alto Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,476
—
$678,951
18%
2024
$10,476
15%
$576,000
20%
2022
$9,115
89%
$480,000
100%
2021
$4,825
-6%
$240,000
—
2020
$5,119
—
$240,000
—
2020
$5,128
-2%
$240,000
—
2018
$5,259
25%
$240,000
—
2016
$4,224
-21%
$240,000
26%
2017
$5,335
24%
$190,000
—
2015
$4,314
-8%
$190,000
-6%
2014
$4,693
32%
$202,500
35%
2013
$3,545
—
$150,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 206 Palazza Alto Dr
206 Palazza Alto Drive, Austin, TX 78734 (MLS# 7698388) is a Lots/Land property with a lot size of 1.1703 acres. 206 Palazza Alto Drive is currently listed for $515,000 and was received on October 22, 2025. Want to learn more about 206 Palazza Alto Drive? Do you have questions about finding other Lots/Land real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

