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Austin 78733 Panorama Ranch
10908 River Terrace CIR
$2,995,000
● House - Off Market

10908 River Terrace CIR

Austin, TX 78733
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,253 Ft²
$18,405
Est. Monthly
$150
HOA / Fees

About This Property

This stunning lock-and-leave modern farmhouse-designed by acclaimed architect Jeffrey Berkus as his personal retreat-rests in a secluded setting at the end of scenic Commons Ford Road, just steps from the property's deeded boat dock with lift, storage locker, and tanning deck on the coveted waters of Lake Austin. The dock and slip alone-valued at over $1 million-underscore the extraordinary opportunity this property presents. Both the main residence and guesthouse showcase curated natural materials, including stone columns, wood-framed windows, designer inlaid concrete floors, and a freshly repainted interior that enhances the home's warm, modern aesthetic. The main house offers three bedrooms, three baths, and three distinct living areas. A sunken living room anchors the home with architectural flair, while the chef's kitchen and dining area invite effortless entertaining. Each bedroom features a charming loft-ideal for a fitness nook, studio, or additional sleeping space. The serene primary suite includes a sitting area with treetop views and a newly remodeled spa-like bath with soaking tub, seamless glass shower, and custom closets. A lofted office opens to a skywalk leading to a multilevel deck shaded by heritage oaks, with a fire pit terrace overlooking the private wooded backyard-perfect for intimate gatherings or quiet evenings. The guesthouse offers a kitchenette, full bath, living area, and a hidden second-story bedroom with a private balcony. Located in Panorama Ranch within acclaimed Eanes ISD, this property blends privacy, architectural distinction, and priceless waterfront access, open meadow views, and the rare luxury of direct Lake Austin living-offering an exceptional opportunity to own a true waterfront retreat.
Unit Size
3,253 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$921
Property Type
House
Property Taxes
$3,549
HOA Dues
$150
Year Built
1995

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Last updated: 4 months ago (Unlock MLS #ACT5697168)

Price History

Date / Event Date Event Price
Jun 9, 2026 In contract -
In contract
Apr 18, 2026 Price Decreased $2,995,000
↓ $255K (7.9%)
Price Decreased
Mar 31, 2026 Price Decreased $3,250,000
↓ $150K (4.4%)
Price Decreased
Feb 9, 2026 Listed by Compass RE Texas, LLC $3,400,000
Listed by Compass RE Texas, LLC
Oct 17, 2023 Listed by Moreland Properties $3,500,000
Listed by Moreland Properties
The best deal you can find with a boat dock on Lake Austin! Panorama Ranch is made up of just 20 properties. It's at the bottom of picturesque Commons Ford Road, and once you arrive, you're in a world of your own. It feels like a throwback to a community from decades ago where the pace is relaxed, and neighbors look after one another. As you pull into the neighborhood, it's hard not to see somebody walking their dog, or kids with their friends playing in the open meadow or getting suited up to go out on the boat. What makes Panorama Ranch so unique is its access to Lake Austin. There are 11 homes directly on the water and the remaining homesites all enjoy a private boat slip within the neighborhood. This home is one of the lucky ones that comes with a two-story dock. There's a patio above and a gate where you can jump off into the waters of Lake Austin below. The home is over 3,000 square feet and looks like it belongs on the pages of Architectural Digest - which is only fitting seeing as it was designed by acclaimed architect Jeffrey Berkus as his own personal residence. The home was most recently updated in 2021 and you're going to find a turnkey opportunity that doesn't even need a fresh coat of paint. In addition to the main house is a beautiful, detached home office, and guest bedroom. These owners have enjoyed raising their children and living here for more than 20 years and are excited to pass the baton for the next owner to enjoy as much as they have.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,443
  • Total Building Area: 3,387
  • Gross Building Area: 3,387
  • Building Area: 3,387
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,387
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PANORAMA RANCH SEC 1
  • Land Acres: 0000000630
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 20 PANORAMA RANCH SEC 1

Neighborhood

  • School District Name: Eanes Independent School District
  • School Tax School District: EANES ISD
  • Census Tract: 033900

Geography

  • Assessors Map Reference: 0133400112
  • Account Number: 129613
  • Parcel: 129613
  • Block: 4
  • Lot: 20
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 30.3407
  • Longitude: -97.8835

    Address

  • Full Address: 10908 River Terrace Cir
  • Address - House Number: 10908
  • Address - Street Name: River Terrace
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Austin
  • Carrier Code: R021
  • 4-Digit Zip Code: 1713
  • Zip Code: 78733

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,322,694
  • Tax Rate Code Area: 58

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 1,487,606
  • High Value: 1,847,096
  • Low Value: 1,128,117

    Market Valuation

  • Market Total Value: $1,540,777
  • Market Land Value: $699,600
  • Market Improvement Value: $841,177

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,042,435

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 07, 2024
  • Current Sale Recording Date: Feb 07, 2024
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 13126
  • Previous Sale Recording Date: May 19, 1999
  • Previous Sale Contract Date: May 17, 1999
  • Previous Sale Amount: $403,800
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Panorama Ranch


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Frequently Asked Questions

When was property at 10908 River Terrace built and last sold?
The property at 10908 River Terrace was built in 1995 and last sold on Feb 7, 2024 for $2,660,000.
How much is this home worth?
The estimated value of the home located at 10908 River Terrace is $3,008,008.
What are some comparable homes to 10908 River Terrace?
There are currently no comparable homes to 10908 River Terrace.