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$1,099,000
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Property Description
Your DREAM HOME has arrived! RARE SINGLE-STORY executive style home on large, LEVEL, CORNER LOT in exclusive SERENE HILLS! This is the one you've been waiting for with single-story living, 4 large bedrooms, all with ensuite baths, privacy and hill country views! Set atop a hill, this home features the uncommon mix of both community and privacy with its expansive, level back and side yards with plenty of room for play, entertaining, or use your imagination to create your own outdoor sanctuary. Outside, soak up the beautiful Santa Barbara style architecture with its distinctive Spanish Colonial Revival aesthetic, defined by stucco walls, red tile roof, and arched windows which create a classic, rustic yet elegant look. Enjoy stunning community hill country views from the elevated, covered front porch. Inside is all modern with beautiful wide-planked flooring and open concept living and dining room with a soaring fireplace creating a focal point. A pristine, white kitchen features expansive countertops, stainless steel appliances, display cabinetry and a sink overlooking the beautiful backyard. Three-way split bedrooms include a separate master wing, two bedrooms, each with their own full bath in another wing, and a private 4th bedroom and ensuite bath in it's own separate area. A lovely office niche is situated just off of the main living area. Large sliding glass doors open to a spacious back patio with new outdoor kitchen with gas grill. Enjoy creating memories in this one-of-a-kind enclave with playground and miles of wooded trails suited for jogging, hiking and mountain biking. Ideally situated feeding to A-rated schools in Lake Travis ISD. *INQUIRE about a lender-funded 1-0 Temporary Interest Rate buy down with a lower interest rate in the first year of the loan with preferred lender*
Full Property Details
Full Property Details for 321 Sweet Grass Ln
General
- Price: $1,099,000
- HOA FEE: $85/month
- HOA FEE FREQ.: Quarterly
- Taxes: $24,070 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 1885218
- Updated: 1/15/2026
- Added to Site: 12 day(s) ago
Interior
- Interior Features: Breakfast Bar, Built-in Features, Tray Ceiling(s), Ceiling Fan(s), Double Vanity, French Door(s)/Atrium Door(s), High Ceilings, High Speed Internet, Main Level Primary, No Interior Steps, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Gas, Living Room
- Appliances: Built-In Oven, Dishwasher, Exhaust Fan, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Stainless Steel Appliance(s)
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Other Rooms
- Laundry: Main Level, Laundry Room, Washer Hookup, Electric Dryer Hookup
Additional Information
- Shared Amenities: Common Grounds/Area, Community Mailbox, Playground, Park, Trails/Paths, Curbs
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Exterior Steps, Gas Grill, Outdoor Grill, Private Yard, Rain Gutters
- Porch/Patio/Deck: Covered, Front Porch, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 2
- Parking Features: Attached, Door-Single, Garage, Garage Door Opener, Garage Faces Rear
Location
- Area: LS
- County: Travis
- Subdivision: Serene Hills Ph 3Wb
- Driving Directions: From US Hwy 290, take Hwy 71 west. Turn right on Serene Hills Drive, then left on Sweet Grass Lane. Home in on the corner of Sweet Grass Lane and Bow Cross Point.
- Direction Faces: South
School Information
- Elem School District: Lake Travis ISD
- Midd School District: Lake Travis ISD
- High School District: Lake Travis ISD
- Elementary School: Serene Hills
- Middle School: Lake Travis
- High School: Lake Travis
Community
- Association: Yes
- Assoc. Name: Serene Hills Homeowners Association
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Natural Gas
Utilities
- Sewer: Municipal Utility District
- Water: Municipal Utility District
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Sewer Connected, Water Connected, Underground Utilities
Structural Information
- Detached/Attached: Detached
- Builder: Ash Creek Homes, Inc.
- Construction: Masonry, Stucco
- Roof: Concrete, Spanish Tile
- Windows: Window Coverings
- Stories/Levels: 1
- Square Feet: 2,914
- Sq. Ft. Source: Appraiser
- Living Area: 2,914 Sq. Ft.
- Year Built: 2019
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Outdoor Kitchen
Lot Features
- Property View: Hills, Panoramic, Trees/Woods
- Lot Size (Acres): 0.3921
- Lot Size (Sq. Ft.): 17,079.88
- Fence: Yes
- Lot Features: Corner Lot, Interior Lot, Landscaped, Sprinklers Automatic, Sprinklers In Ground, Trees Medium Size, Views
- Fencing (Description): Back Yard, Fenced, Wrought Iron
Financial Considerations
- Association Fee: $255
- Assoc Fee Freq.: Quarterly
- Assessment Amount: $1,030,307
- Tax Amount: $24,070.18
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Survey
- Legal Description: LOT 316 SERENE HILLS PHS 3WB
- Disclosures/Reports: Seller Disclosure, Public Improvement District
- Property ID: 1278601040000
- Lot Number: 316
Listed by Keller Williams Realty
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Schools
Schools serving 321 Sweet Grass Ln
School District:Lake Travis Independent School District
| Name | Grades | Distance |
|---|---|---|
Serene Hills Elementary School 3301 Serene Hills Drive, Austin, TX 78738 | PK-5 | 1.6 mi |
Lake Travis Middle School 4932 Bee Creek Road, Spicewood, TX 78669 | 6-8 | 1.5 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 321 Sweet Grass Ln
Date
Details
Price
Change
Source
1/06/2026
Listed
$1,099,000
—
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 321 Sweet Grass Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$20,820
—
$1,030,307
-5%
2024
$20,820
4%
$1,079,570
-20%
2022
$20,113
—
$1,347,206
—
2022
$20,113
15%
$1,349,568
77%
2021
$17,461
44%
$760,834
73%
2020
$12,129
—
$439,768
450%
2020
$12,145
555%
$80,000
21%
2018
$1,855
-10%
$65,880
-12%
2016
$2,065
-27%
$75,000
3%
2017
$2,848
39%
$72,500
4%
2015
$2,044
268%
$70,000
273%
2014
$556
—
$18,750
—
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 321 Sweet Grass Ln
321 Sweet Grass Lane, Lakeway, TX 78738 (MLS# 1885218) is a Single Family property with 4 bedrooms and 4 full bathrooms. 321 Sweet Grass Lane is currently listed for $1,099,000 and was received on January 06, 2026. Want to learn more about 321 Sweet Grass Lane? Do you have questions about finding other Single Family real estate for sale in Lakeway? You can browse all Lakeway real estate or contact a Coldwell Banker agent to request more information.

