Serene Hills · Lakeway, TX 78738 · Diana Roberts' home community
Lakeway, Texas · Lake Travis ISD · Diana's Home Community
Serene Hills
A 456-acre boutique luxury community built into the Texas Hill Country. 339 custom homes. Ten-plus miles of trails. Diana lives here, appraises here, and knows every street better than any other agent in Austin.
The Neighborhood
Austin's Most Distinctive Boutique Community
Serene Hills is unlike anything else in the Austin luxury market. It is not a large production neighborhood. It is 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.
That scarcity is not accidental. The developers preserved 342 acres of natural Hill Country land — restricting impervious cover to just 25% of the original acreage — so what surrounds every home is not other homes. It 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. When she says she knows every street and every pricing nuance — she means it as a neighbor and as a Licensed General Appraiser who has certified values throughout this community.
A Look Inside
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Why Buyers Choose Serene Hills
Four things you can't find anywhere else at this price point
342 acres of preserved natural land. Oak canopy, limestone terrain, and 20-mile views are baked into the community's DNA by deed restriction — not a marketing promise.
Built out in 2025. 339 homes, no more. Every resale is competing for something that physically cannot be replicated — a hard supply ceiling that no other Austin community at this price offers.
Every LTISD campus — elementary through Lake Travis High School — is within approximately 3 miles of Serene Hills. Top 5% in Texas, with exceptional academics, athletics, and arts through graduation.
Hike and bike trails run throughout the community and connect to the broader Lakeway trail network. This is not a sidewalk neighborhood — it is a trail system with purpose-built elevation and views.
"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 and which street you're on is worth six figures in a negotiation."
Diana Roberts · Serene Hills Resident & Licensed General Appraiser
At a Glance
| Location | Lakeway, TX 78738 |
| Community Size | 456 acres total · 342 acres preserved natural land |
| Total Homes | 339 — fully built out (2025) |
| Build Period | 2013 – 2025 |
| Price Range | $1.1M – $2.4M+ |
| Median Sold | ~$1.4M (2026) |
| Lot Sizes | 0.5 – 2.5 acres |
| School District | Lake Travis ISD — Top 5% in Texas |
| Schools (≈3 mi) | Serene Hills Elementary · Hudson Bend Middle · Lake Travis High |
| Trails | 10+ miles hike & bike with Hill Country views |
| Property Tax | ~2.3596% (2025 rate) |
| HOA | Yes — managed community |
| Sub-Sections | Las Colinas Estates · Serene Hills Drive · Cavalier · Preserve |
Live Market
Active, Pending & Sold in Serene Hills
Diana personally tracks every home in Serene Hills — active, pending, and recently sold. This live view updates directly from MLS.
Data sourced from Unlock MLS/ABoR. Updated in real time. View full listings page →
Diana Lives Here
Talk to the Only Agent Who Calls Serene Hills Home
Diana is a Serene Hills resident, a Licensed General Appraiser, and a Compass luxury advisor. She knows this community from the inside — every section, every street, every pricing nuance.
Talk to Diana View All ListingsBella Vista Cove, Lake Travis
Listed at $4,150,000
6 bedrooms, 6 baths, 2 half-baths, 7,837 Squarefeet
Represented Buyer
