$665,000
3 bd · 3 ba · 2,404 sqft
16 Mountain Terrace Cv, Austin, TX 78734
16 Mountain Terrace Cv, Austin, TX 78734 is a 3-bedroom, 3-bathroom single family residence listed at $665,000 ($277/sqft). 2,404 sqft. Built in 2006. Located in Lakeway, Austin TX. Priced near the Lakeway median of $282/sqft. MLS #3216522. Listed by Keller Williams Realty.
Property Overview
Perched on one of Travis County's highest points, 16 Mountain Terrace Cove commands astonishing panoramic views of Lake Travis and the surrounding Hill Country landscape. This 3-bedroom, 3-bath home in Lakeway's prestigious Terrace at the Preserve community showcases 2,404 square feet of thoughtfully updated living space anchored by soaring ceilings, abundant windows, and a striking stone fireplace that frames those signature views. A private home office sits adjacent to the foyer, while the chef's kitchen features quartz countertops, updated cabinetry, and stainless steel fixtures that flow naturally into the dining and family spaces.
Recent improvements enhance the home's appeal and value: a new roof installed in March 2024 comes with a transferrable warranty, and high-end LVP flooring runs throughout. The property spans a generous 12,305-square-foot lot in a resort-lifestyle community with marina access, championship golf courses, and waterfront dining—all the amenities that define Lakeway living near Austin, TX. At $277 per square foot, this offering represents exceptional value in the neighborhood while delivering the elevation, views, and lifestyle finishes that discerning buyers seek along Lake Travis.
Vox Real Estate Insight
The Terrace at the Preserve remains one of Lakeway's most desirable enclaves, and this elevation advantage combined with the recent roof replacement creates legitimate buyer confidence in the property's long-term integrity. Vox Residential recognizes that at 7% below area median pricing, this elevated positioning attracts savvy purchasers ready to invest in one of Austin's premier lakeside communities.
Agent Description
Astonishing Hill Country & Lake Travis Views! (New Roof - 03/27/26 with transferrable warranty!) Welcome to 16 Mountain Terrace Cove, perched on one of the highest points in Travis County within Lakeway’s coveted Terrace at the Preserve community. This beautifully updated 3-bedroom, 2.5-bath home spans over 2,400 sq. ft., blending thoughtful design with stunning craftsmanship throughout. Step inside to new high-end LVP flooring that leads your eye to a wall of windows framing breathtaking panoramic views. The soaring foyer with high ceilings introduces a private home office just off to the left. The living room makes a statement with 20+ foot ceilings, a striking stone/brick fireplace, and custom built-ins, creating a warm yet sophisticated space for gathering. The chef’s kitchen has been tastefully updated with quartz countertops, a new backsplash, freshly painted cabinetry, and a sleek stainless steel sink. It seamlessly opens to the dining area and family room, where an entire wall of windows invites in natural light and long-distance views, including Lake Travis. Step through the dining area door to your private outdoor patio, perfect for morning coffee while soaking in the horizon. Upstairs, the primary suite delivers picture-perfect views of the Hill Country, a spacious ensuite with LVP, a huge walk-in closet, additional built-ins, and a versatile flex area for your needs. Two more bedrooms, a full bath, and a convenient flex space complete the upper level. Recent updates include a new roof and lightening rod protection (March 2026) luxury vinyl plank flooring, new carpet, interior painting, quartz countertops, backsplash refresh, and new front and back landscaping, ensuring a move-in-ready experience. Whether you’re looking for a lock-and-leave retreat or a permanent Hill Country home, this property offers once-in-a-lifetime views and a lifestyle that’s second to none.
Neighborhood: Lakeway
This property is located in Lakeway, Austin, TX. The area is known for Lake Travis Living, Marina Access, Golf Courses, Waterfront Dining, Resort Lifestyle.
At $277/sqft, this listing is priced near the Lakeway median of $282/sqft.
Property Details
| Property Type | Single Family Residence |
| Year Built | 2006 |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Living Area | 2,404 sqft |
| Lot Size | 0.28 acres |
| Price / Sqft | $277 |
| Stories | Two |
| Condition | Updated/Remodeled |
| Subdivision | Terrace At The Preserve Condom |
| County | Travis |
| MLS Area | LS |
| Listed | Oct 11, 2025 |
| MLS # | 3216522 |
| Listed By | Keller Williams Realty |
Interior
| Flooring | Carpet, Tile, Vinyl |
| Appliances | Built-In Oven(s), Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Electric Oven, Plumbed For Ice Maker, Free-Standing Refrigerator, Water Heater |
| Interior Features | Bookcases, Built-in Features, Ceiling Fan(s), Ceiling-High, Ceiling-Vaulted, Central Vacuum, Corian Counters, Quartz Counters, Crown Molding, Double Vanity, Dry Bar, Entrance Foyer, Kitchen Island, Multiple Living Areas, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s) |
| Windows | Aluminum Frames, Blinds, Double Pane Windows, Screens |
| Fireplaces | 1 (Family Room, Gas Log, Glass Doors, Insert) |
| Laundry | Laundry Room, Upper Level |
Systems & Utilities
| Cooling | Ceiling Fan(s), Central Air, Zoned |
| Heating | Central, Fireplace(s), Forced Air, Natural Gas, Zoned |
| Utilities | Cable Available, Electricity Connected, High Speed Internet, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected |
| Water Source | Public |
| Sewer | Public Sewer |
Exterior & Lot
| Construction | Masonry – All Sides, Stone, Stucco |
| Roof | Composition |
| Foundation | Slab |
| Exterior Features | Rain Gutters, No Exterior Steps, Private Yard |
| Patio & Porch | Covered, Front Porch, Rear Porch, Side Porch |
| Fencing | Back Yard, Gate, Wrought Iron |
| Lot Features | Back Yard, Bluff, Cul-De-Sac, Front Yard, Gentle Sloping, Landscaped, Private, Sprinkler - Automatic, Sprinklers In Rear, Sprinklers In Front, Sprinklers On Side, Trees-Small (Under 20 Ft), Views |
| View | Canyon, City Lights, Hill Country, Lake, Panoramic, Trees/Woods |
| Faces | North |
Parking
| Parking Spaces | 2 |
| Garage Spaces | 2 |
| Parking Features | Attached, Concrete, Driveway, Garage Door Opener, Garage Faces Front, Off Street |
Community & HOA
| HOA | Yes |
| HOA Name | Terrace at The Preserve |
| HOA Fee | $150 / Monthly |
| Fee Includes | Common Area Maintenance |
| Security | Prewired, Security System, Smoke Detector(s) |
Assigned Schools
| Elementary | Lakeway |
| Middle | Hudson Bend |
| High | Lake Travis |
| District | Lake Travis ISD |
Taxes & Legal
| Tax Year | 2025 |
| Annual Tax | $10,516 |
| Assessed Value | $608,193 |
| Parcel # | 01356815500000 |
| Legal Description | UNT 49 TERRACE AT THE PRESERVE CONDOMINIUMS THE AMENDED PLUS 1.8519 % INT IN COM AREA |
| FEMA Flood Plain | No |
| In ETJ | No |
| Disclosures | Seller Disclosure, Water District |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 16 Mountain Terrace Cv, Austin, TX 78734?
This property is listed at $665,000, which is $277 per square foot. That is near the Lakeway area median of $282/sqft.
How many bedrooms and bathrooms does 16 Mountain Terrace Cv, Austin, TX 78734 have?
This home has 3 bedrooms and 3 bathrooms, with 2,404 square feet of living space.
When was 16 Mountain Terrace Cv, Austin, TX 78734 built?
This property was built in 2006, making it 20 years old.
What neighborhood is 16 Mountain Terrace Cv, Austin, TX 78734 in?
This property is in Lakeway, Austin, TX. The area is known for lake travis living, marina access, golf courses.
How long has 16 Mountain Terrace Cv, Austin, TX 78734 been on the market?
This listing has been on the market for 305 days.
What type of property is 16 Mountain Terrace Cv, Austin, TX 78734?
This is a Single Family Residence on a 12,305.7 sqft lot.