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$2,065,000
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Property Description
Welcome to 207 Palazza Alto Drive, an exceptional opportunity to own a to-be-built luxurious custom estate in the exclusive, gated community of Bella Montagna in Lakeway, TX. Situated on a 1.09-acre homesite with stunning Hill Country views, this 3,947-square-foot single-story masterpiece, designed by Grandview Custom Homes, combines elegance, functionality, and high-quality craftsmanship. This thoughtfully designed home features 4 spacious bedrooms, 4 full bathrooms, a private study, a game room, and a stylish bar, perfect for entertaining and daily living alike. The home is beautifully appointed with Andersen 100 Series windows and Western Aluminum sliding doors that flood the space with natural light while providing seamless indoor-outdoor living. High-end finishes include white oak wood floors throughout, a standing seam metal roof, a stone and stucco exterior, and allowances for Thermador appliances, Kohler plumbing fixtures, and landscaping-giving buyers the flexibility to select finishes that match their personal style. With a paver driveway, bib wall insulation, and a foam-insulated attic, this home is as efficient as it is stunning. Nestled in Bella Montagna, a coveted community offering just 84 estate-sized homesites, this property is zoned to the acclaimed Lake Travis ISD and is minutes from Lakeway's best amenities. Enjoy nearby golf courses, tennis, marinas, shopping, dining, entertainment, parks, and greenbelts - all just 25 miles from downtown Austin. This to-be-built estate offers a customizable design, so the build-out price is approximate, based on final selections. Final plans to be approved by the HOA. The lot can be purchased separately for $570,000 (MLS #1123380) with no required timeframe to build. Buyer to verify all information. Contact me today to learn more about this rare opportunity to create your dream home in one of the Hill Country's most desirable neighborhoods.
Full Property Details
Full Property Details for 207 Palazza Alto Dr
General
- Price: $2,065,000
- HOA FEE: $120/month
- HOA FEE FREQ.: Annually
- Taxes: $7,340 (2024)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 6405171
- Updated: 12/29/2025
- Added to Site: 377 day(s) ago
Interior
- Interior Features: Beamed Ceilings, Built-in Features, Open Beams/Beamed Ceailings, Ceiling Fan(s), Chandelier, Separate/Formal Dining Room, Entrance Foyer, High Ceilings, High Speed Internet, In-Law Floorplan, Kitchen Island, Low Flow Plumbing Fixtures, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, Multiple Closets, Open Floorplan, Pantry, Stone Counters, Sound System, Storage
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Built-In Gas Range, Built-In Refrigerator, Dishwasher, ENERGY STAR Qualified Appliances, Freezer, Disposal, Ice Maker, Microwave, Tankless Water Heater, Vented Exhaust Fan
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: Gated
- Security/Safety: See Remarks
Exterior
- Exterior Features: Lighting, Outdoor Grill, Private Yard, Rain Gutters, See Remarks
- Porch/Patio/Deck: Rear Porch, Covered, Front Porch, Patio
Parking
- Garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Total Spaces: 8
- Parking Features: Driveway, Garage Faces Front, Garage, Garage Door Opener, Garage Faces Side, Electric Vehicle Charging Station(s)
Location
- Area: LS
- County: Travis
- Subdivision: Round Mountain Estates 02
- Driving Directions: From Highway 71: Head North on FM 620 past Lakeway Blvd. Bella Montagna Estates on Left (entrance has waterfall + gate). Stay straight on Palazza Alto Drive. Lot is on the Right with sign.
- Direction Faces: Southwest
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: Hudson Bend
- High School: Lake Travis
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: Bella Montagna
- Assoc. Fees Include: Common Area Maintenance
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
- Heating Type: Central, ENERGY STAR Qualified Equipment
Utilities
- Sewer: Septic Tank
- Water: Municipal Utility District
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Fiber Optic Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Masonry
- Roof: Metal
- Windows: Double Pane Windows, ENERGY STAR Qualified Windows, See Remarks
- Stories/Levels: 1
- Square Feet: 3,947
- Sq. Ft. Source: Public Records
- Living Area: 3,947 Sq. Ft.
- Year Built: 2025
- Year Built Source: Public Records
- Property Condition: To Be Built
Additional Structures
- Other Structures: None
Lot Features
- Property View: Hills, Lake, Panoramic
- Lot Size (Acres): 1.0952
- Lot Size (Sq. Ft.): 47,706.91
- Fence: Yes
- Lot Features: Sloped Down, Moderate Trees, Trees Medium Size, Trees Small Size
- Fencing (Description): Back Yard, Full, Gate, Perimeter, Wood, Wrought Iron
Water Features
- Water View: Yes
Green Features
- Energy Efficient: Appliances
Financial Considerations
- Association Fee: $1,440
- Assoc Fee Freq.: Annually
- Assessment Amount: $403,000
- Tax Amount: $7,340.31
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Survey
- Legal Description: LOT 52 BELLA MONTAGNA ESTATES (FORMERLY ROUND MOUNTAIN ESTATES 2)
- Disclosures/Reports: See Remarks, Municipal Utility District Disclosure
- Property ID: 1396809050000
- Lot Number: 52
Listed by Compass RE Texas, LLC
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Schools
Schools serving 207 Palazza Alto Dr
School District:Lake Travis Independent School District
| Name | Grades | Distance |
|---|---|---|
Lake Travis Elementary School 15303 Kollmeyer, Austin, TX 78734 | PK-5 | 0.8 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 | 2.5 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 207 Palazza Alto Dr
Date
Details
Price
Change
Source
9/22/2025
Price Reduced
$2,065,000
-0.96%
MLS
1/07/2025
Listed
$2,085,000
—
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 207 Palazza Alto Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,329
—
$483,600
5%
2024
$7,329
29%
$460,800
20%
2022
$5,697
—
$384,000
28%
2022
$5,697
89%
$300,000
100%
2021
$3,016
-6%
$150,000
—
2020
$3,199
—
$150,000
—
2020
$3,205
-19%
$150,000
-17%
2018
$3,944
-1%
$180,000
—
2016
$4,001
—
$180,000
—
2017
$4,001
-2%
$180,000
—
2015
$4,087
44%
$180,000
—
2013
$2,836
—
$180,000
50%
2013
$2,836
—
$120,000
—
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 207 Palazza Alto Dr
207 Palazza Alto Drive, Austin, TX 78734 (MLS# 6405171) is a Single Family property with 4 bedrooms and 4 full bathrooms. 207 Palazza Alto Drive is currently listed for $2,065,000 and was received on January 07, 2025. Want to learn more about 207 Palazza Alto Drive? Do you have questions about finding other Single Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

