Serene Hills | Diana Roberts · Compass Austin
HomeCommunitiesSerene Hills
Lakeway, Texas · Lake Travis ISD · Diana's Home Community

Serene HillsHomes for Sale

456 acres. 339 custom homes. The school district Diana chose for her own family.

Serene Hills — Diana Roberts Compass Austin
$1.4M
Median Sold Price
339
Homes — Fully Built Out
456
Acres Total
10+
Miles of Trails
Top 5%
Lake Travis ISD in Texas
The Neighborhood

Austin's Most Distinctive
Boutique Community.

Serene Hills is unlike anything else in the Austin luxury market. A meticulously master-planned 456-acre community that broke ground in 2013, reached complete build-out in 2025, and will never add another home. 339 custom homes. That is it.

The developers preserved 342 acres of natural Hill Country land — restricting impervious cover to just 25% of the original acreage. What surrounds every home is oak-covered terrain, limestone outcroppings, and trails that stretch to 20-mile views.

Diana Roberts lives in Serene Hills. She has been inside more homes here than any other agent in Austin — as a neighbor and as a Licensed General Appraiser who has certified values throughout this community.

Ask Diana About Serene Hills
Serene Hills at a Glance
LocationLakeway, TX 78738
Total Homes339 — fully built out
Price Range$1.1M – $2.4M+
Median Sold~$1.4M
Price / Sq Ft$369–$385
Lot Sizes0.5 – 2.5 acres
School DistrictLake Travis ISD
Tax Rate2.3596% (2025)
HOAYes — managed
Diana's Insider Note

"The four sub-sections price differently. Las Colinas Estates commands a premium for its 2–2.5 acre lots that simply don't exist anywhere else at this price point in west Austin. Knowing which section you're on is worth six figures in a negotiation."

Diana Roberts · Resident & Licensed General Appraiser

Serene Hills neighborhood scene
Serene Hills outdoor amenity
Serene Hills home exterior
Serene Hills luxury home detail — driveway, entryway, or architectural feature
Why Serene Hills

Four things you can't find anywhere else
at this price point.

Hill Country That Stays Wild
342 acres of preserved natural land. Oak canopy, limestone terrain, and 20-mile views baked into the community by deed restriction — not a marketing promise.
Elementary School On Site
The only neighborhood in Lakeway with its own elementary within walking distance. Lake Travis ISD is top 5% in Texas through high school graduation.
10+ Miles of Trails
Trails wind through the community with outdoor workout stations. The La Campana to Bee Creek loop is 5.2 miles with panoramic views across Travis County.
Custom Homes on Real Land
Las Colinas Estates lots run 2–2.5 acres — virtually unheard of within 30 minutes of downtown Austin. Every home custom or semi-custom, no cookie-cutter plans.
Inside Serene Hills

Four Sections.
Each Priced Differently.

The price spread between sections can be $150,000–$400,000 for comparable square footage. Most agents miss this entirely.

01
Custom Builders · 2–2.5 Acre Lots
Las Colinas Estates
The crown of Serene Hills. Custom builders on lots that are genuinely rare near the city. Lot position and builder quality drive the widest price spread in the community.
02
Sitterle · Brohn · Bellaheim
La Campana
Three of Texas's most respected production-luxury builders. Architectural cohesion, trail access, and consistent finish quality at a lower entry point than Las Colinas.
03
Modern Architecture · Hill Country Views
Los Senderos
Strong Hill Country view corridors and contemporary design. View orientation is the primary value driver here — a certified appraiser quantifies it, most agents guess.
04
Lake-Oriented · Privacy · Green Space
Del Lago
Closest to the Lake Travis corridor and community preserves. More private and nature-immersed than other sections — priced to reflect that distinction.

Diana's Appraiser Note: Most agents price by bedroom count and square feet. Diana prices by section, lot position, view corridor, builder quality, and finish spec — the same methodology the bank's appraiser will use. That difference protects your equity on both sides of the transaction.

Wide Hill Country view from a Serene Hills ridgeline
Lake Travis ISD

The School District Diana
Chose for Her Family.

LTISD is top 5% in Texas — and Serene Hills Elementary is within the neighborhood, walking distance for most homes. No other Lakeway community has this.

K–5
Serene Hills Elementary
Within the Neighborhood
40 educators · 11 years avg experience · walking distance for most homes
6–8
Lake Travis Middle School
Lake Travis ISD
Competitive athletics · strong arts program · smooth LTISD pipeline
9–12
Lake Travis High School
Top 5% in Texas · Multiple State Championships
Strong AP program · nationally recognized fine arts · exceptional college placement
Location

Everything West Austin
Within Reach.

Off Highway 71 — easy access to west Austin without central Austin traffic.

Hill Country Galleria4 miles
Lake Travis / Marina8 minutes
Lakeway Medical Center3 minutes
Bee Cave5 minutes
4 Area Golf Courses≤10 minutes
Downtown Austin~30 minutes
Austin Airport~35 minutes
Diana's Perspective

"I didn't choose Serene Hills because I sell homes here. I sell homes here because I chose Serene Hills — for my family, for the schools, for the trails, and for a community built with real intention."

Diana Roberts · Licensed General Appraiser · CA Broker · TX Agent

Why Diana Is Different Here
She lives on your streetDiana and her family live in Serene Hills. She's not studying this neighborhood — she's walking it.
Certified General AppraiserThe highest Texas appraiser designation. She prices by section, lot, view, and finish — not Zillow.
Knows every sub-sectionLas Colinas, La Campana, Los Senderos, Del Lago — the $150K–$400K spread most agents miss entirely.
Compass Coming SoonYour home reaches 60M+ buyers before MLS day one. No price history. No days-on-market clock.
CA Broker since 2003One advisor from your California sale to your Serene Hills closing. No referral hand-off, ever.
California Buyers

What California Buyers Say About Serene Hills

Most Similar To: Palo Alto / Portola Valley

Northern California: Bay Area buyers from Portola Valley or Los Altos Hills recognize Serene Hills immediately — gated-feel acreage, top schools, mature landscaping, fixed supply. The Hill Country terrain reads like the Santa Cruz Mountains, but drier and with genuine Texas sky.

Southern California: SoCal buyers from Calabasas or Thousand Oaks find the ridgeline community feel familiar — HOA-maintained quality, panoramic views, and a school district that competes directly with Conejo Valley Unified. The price difference is the shock: Serene Hills at $1.4M median vs. $2.8M–$4M+ for a comparable Calabasas address.

The Hill Country terrain — limestone outcroppings, live oak canopy, canyon views — reads as something close to the Santa Cruz Mountains or Marin, but drier and with genuine Texas sky. No state income tax, lower property taxes (even accounting for the Texas rate), and a school district that California buyers consistently rate as comparable or better to what they left behind.

What surprises California buyers most: the community is fully built out. 339 homes. No new construction, no additional density. That scarcity dynamic is something Bay Area buyers understand intuitively — and it is a meaningful long-term value driver.

Talk to Diana About Relocating
Aerospace & Tech Employers

Apple, Tesla & SpaceX Employees

Apple's Austin campus (The Domain, ~30 min) has 6,000+ employees expanding to 15,000. Apple engineers skew California-origin, Eanes/LTISD-focused, and accustomed to premium housing. Serene Hills checks every box: top school district, built-out scarcity, Hill Country lifestyle.

Tesla Gigafactory employees (southeast Austin, ~35 min via 71/130) in senior roles prioritize family housing in west Austin specifically for Lake Travis ISD. Serene Hills's on-site elementary is a decision-maker for families with young children.

SpaceX employees transferring from Hawthorne recognize Serene Hills immediately as the Texas equivalent of Palos Verdes or Portola Valley — gated character, top schools, natural terrain, fixed supply.

Diana holds a California broker license and has navigated the CA→Austin move personally. She coordinates the sale, the purchase, the timeline, and the financing as one managed event — without handing you off.

Ask Diana About Tech Relocation
Why Diana · Compass Austin

The credential stack no other agent
in this corridor can match.

Credential

Certified General
Appraiser — Texas

The highest appraiser designation issued by the State of Texas — earned, not conferred. Diana is one of a small number of licensed agents in the Austin market who is also a Certified General Appraiser. That means she prices homes the way banks do: with comparable analysis, cost methodology, and a certification your lender will accept on any transaction, any price point.

Most agents estimate value. Diana certifies it. That distinction is worth real money on both sides of a transaction.

Texas Certified General Appraiser · License Active
Compass Advantage

Coming Soon &
Private Exclusives

Compass is the only brokerage with a national Coming Soon and Private Exclusive platform — giving Diana's sellers exposure to 60M+ potential buyers before a home ever hits the MLS. No days-on-market clock. No price history. No negotiating leverage lost before day one.

Sellers who launch through Compass Coming Soon consistently close at a higher price-per-square-foot than comparable homes that went straight to MLS. Diana's buyers get access to this off-market inventory first — before it's available to anyone else.

Diana Roberts · Compass Austin · Senior Agent
Diana Roberts

23 Years.
$600M+ Closed.

Diana came to real estate from an International Marketing degree at Oxford Brookes University — which is a long way of saying she understands how to position a home, not just list it. She earned her California broker license in 2003, moved into luxury markets, built a practice around precision over volume, and added her Texas license when she and her family moved to Serene Hills.

She is not a team. She does not hand clients off. When you work with Diana, you work with Diana — through offer, inspection, appraisal, and closing.

CA Broker since 2003 · TX Agent · Oxford Brookes Marketing

Questions about credentials, pricing methodology, or the Compass Coming Soon process?

Serene Hills community park or pool area
Outdoor living space, pool, or Hill Country sunset view
Serene Hills
Builders & Architects

Who builds here.
What Diana knows about them.

Serene Hills was built by a curated roster of Texas's most respected production-luxury and custom builders. Knowing who built what — and what each builder's quality floor looks like — is appraiser knowledge that Diana brings to every Serene Hills transaction.

Sitterle Homes
La Campana's primary builder. Strong stone-and-stucco execution, consistent floorplans, and one of the better warranty programs in Texas production luxury. Kitchens and primary baths are typically well-specified.
Brohn Homes
La Campana and Los Senderos. Contemporary-leaning architecture with good natural light. Finish quality is strong for the price tier; lot premiums for view-oriented positions are worth paying.
Bellaheim Homes
La Campana. Boutique Texas builder with a reputation for elevated interior finishes relative to comparable production builders. Smaller footprint in the community — find them early.
Custom / Owner-Build
Las Colinas Estates lots were largely custom-built by Austin's top independent architects and builders. No two homes are alike. Diana evaluates custom quality with certified appraiser methodology — finish quality, structural spec, and site positioning all matter here.
Ash Creek Homes
Active in Serene Hills with a reputation for Hill Country-appropriate design — stone exteriors, energy-efficient builds, and thoughtful site orientation. A strong choice for buyers who want contemporary finishes with a genuine Hill Country material palette.
C & A Builders
A respected Serene Hills builder known for quality construction and close attention to finish detail. Their homes hold value well and are consistently well-regarded in resale — a builder name Diana looks for favorably when evaluating Serene Hills listings.

Architect Note: If you are building or renovating in Las Colinas Estates, Diana can connect you with the architects who have the most successful track record in Serene Hills's Hill Country terrain context — design approaches that work with the lot rather than against it.

Who Else Works With Diana Here

More buyer and seller profiles
than most agents recognize.

Serene Hills attracts a wider buyer and seller profile than most agents recognize.

The Empty-Nester Right-Sizer
Your children have left. You have 4,000 square feet and two people using it. You want to stay in the community — or at least in the corridor — but in something that fits your actual life now. Diana coordinates sell-first strategies, bridge timelines, and purchases within the same ISD so the school district decision doesn't need to be revisited.
Estate & Life-Change Sellers
Settling a parent's estate. Navigating a divorce. Dissolving a partnership that includes property. These sellers need precision and discretion above all else — not marketing enthusiasm. Diana's certified appraiser methodology produces values that hold up in probate, settlement, and mediation. She has handled all three.
Investment & Second-Home Buyers
Buyers purchasing for rental income, appreciation, or a weekend escape need a different analysis than primary-home buyers. Cap rates, rental income potential, HOA rental restrictions, and short-term rental legality all vary by community. Diana evaluates investment merit with the same certified methodology she applies to primary transactions — because the stakes are the same.

Not sure which profile fits your situation? Diana responds personally — (512) 888-8326

Frequently Asked Questions

Serene Hills Answered.

Diana responds personally — call (512) 888-8326

Is Serene Hills still building new homes?

No. Serene Hills reached complete build-out in 2025 with 339 homes. No vacant lots remain. Every future purchase is a resale — permanently fixed supply is a meaningful driver of long-term value.

What are the four sections and how do they differ in price?

Las Colinas Estates, La Campana, Los Senderos, and Del Lago. Las Colinas commands the highest prices due to 2–2.5 acre custom-built lots. La Campana has established luxury builders and trail access. Los Senderos has Hill Country views and modern architecture. Del Lago sits closest to lake access. The spread between sections can be $150,000–$400,000 for comparable square footage.

What schools do Serene Hills children attend?

Serene Hills Elementary (within the neighborhood), Lake Travis Middle School, and Lake Travis High School — all Lake Travis ISD. LTISD is consistently top 5% in Texas. Serene Hills Elementary being on-site is unique — no other Lakeway community has this.

What is the property tax rate?

2.3596% as of the 2025 tax year. On a $1.4M home that is approximately $33,034 annually. Texas has no state income tax. Diana can provide a tax projection for any specific home you're considering.

How close is Serene Hills to Lake Travis?

About 8 minutes to Lake Travis and Lakeway Marina — 325 covered and uncovered slips, boat and jet ski rentals. Homes in Serene Hills don't have direct lake frontage but the proximity is a primary lifestyle draw.

Why work with Diana Roberts specifically for Serene Hills?

Diana lives in Serene Hills. She holds the Licensed General Appraiser designation — the highest in Texas — pricing homes using the same certified methodology your bank's appraiser uses. Sub-section premiums can be $150,000–$400,000 in a negotiation. She also holds a California broker license since 2003 — the only agent in this corridor who can handle CA-to-Austin relocations without a hand-off.

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Your Serene Hills Agent

Ready to Buy or Sell
in Serene Hills?

Diana lives here, appraised here, and knows every pricing nuance in this community. She responds personally — typically within a few hours.