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207 Palazza Alto Dr

Austin, TX 78734

4 beds
4 baths
3,947 sqft
~1 acre lot
$528 per sqft
2025 build
– on site

Welcome to 207 Palazza Alto Drive, an exceptional opportunity to own a to-be-built luxurious custom estate in the exclusive, gated community of Bella Montagna in Lakeway, TX. Situated on a 1.09-acre homesite with stunning Hill Country views, this 3,947-square-foot single-story masterpiece, designed by Grandview Custom Homes, combines elegance, functionality, and high-quality craftsmanship. This thoughtfully designed home features 4 spacious bedrooms, 4 full bathrooms, a private study, a game room, and a stylish bar, perfect for entertaining and daily living alike. The home is beautifully appointed with Andersen 100 Series windows and Western Aluminum sliding doors that flood the space with natural light while providing seamless indoor-outdoor living. High-end finishes include white oak wood floors throughout, a standing seam metal roof, a stone and stucco exterior, and allowances for Thermador appliances, Kohler plumbing fixtures, and landscaping—giving buyers the flexibility to select finishes that match their personal style. With a paver driveway, bib wall insulation, and a foam-insulated attic, this home is as efficient as it is stunning. Nestled in Bella Montagna, a coveted community offering just 84 estate-sized homesites, this property is zoned to the acclaimed Lake Travis ISD and is minutes from Lakeway’s best amenities. Enjoy nearby golf courses, tennis, marinas, shopping, dining, entertainment, parks, and greenbelts - all just 25 miles from downtown Austin. This to-be-built estate offers a customizable design, so the build-out price is approximate, based on final selections. Final plans to be approved by the HOA. The lot can be purchased separately for $570,000 (MLS #1123380) with no required timeframe to build. Buyer to verify all information. Contact me today to learn more about this rare opportunity to create your dream home in one of the Hill Country’s most desirable neighborhoods.

Listing courtesy of ABOR / Jeffrey Grant / Compass RE Texas, LLC

Last checked: Checking… • Last updated May 8, 2025 •

MLS# 6405171 —

This home is listed in more than one place. See it here.

The Building

Year Built:

2025
New Construction:

false
Roof:

Metal
Foundation:

Slab
Exterior Features:

Electric Car Plug-In
Accessibility Features:

Accessible Doors
Patio And Porch Features:

Covered
Window Features:

Double Pane Windows
Levels:

One
Direction Faces:

SW

Interior

Interior Features:

Bar
Living:

2
Dining:

2
Flooring:

Tile
Fireplace:

Living Room
Fireplaces Total:

1
Laundry Location:

Laundry Room

Room Dimensions

Living Area:

3947
Living Area Source:

Public Records

Financial & Terms

Possession:

Close Of Escrow
Restrictions:

Covenant

Location

Latitude:

30.362868
Longitude:

-97.955076
Directions:

From Highway 71: Head North on FM 620 past Lakeway Blvd. Bella Montagna Estates on Left (entrance has waterfall + gate). Stay straight on Palazza Alto Drive. Lot is on the Right with sign.

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Parcel Number:

01396809050000
Property Condition:

To Be Built
Other Structures:

None
Lot Features:

Public MaineTained Road
Lot Size Acres:

1.0952
Lot Size Area:

1 Sqft
Lot Size SqFt:

47,706 Sqft
View:

Hill Country
Waterfront:

false
Waterfront Features:

None
Horse:

false
Additional Parcels:

false
Fencing:

Back Yard
FEMA Flood Plain:

No

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$7,340.31

Beds

Bedrooms Total:

4
Main Level Bedrooms:

4

Baths

Total Baths:

4
Total Baths:

4
Full Baths:

4

The Listing

Special Listing Conditions:

Standard
Listing Terms:

Cash
Occupant Type:

Vacant

Heating & Cooling

Heating:

Central
Cooling:

Ceiling Fan(s)

Utilities

Utilities:

Cable Available
Sewer:

Septic Tank
Water Source:

Municipal Utility District (MUD)
Electric On Property:

true

Appliances

Appliances:

Built-In Gas Range

Schools

Elementary School:

Lake Travis
Elementary School District:

Lake Travis ISD
Middle School:

Hudson Bend
Middle School District:

Lake Travis ISD
High School:

Lake Travis
High School District:

Lake Travis ISD

The Community

Subdivision Name:

Round Mountain Estates 02
Association Name:

Bella Montagna
Association Fee:

$1,440
Association Fee Includes:

Common Area Maintenance
Association Fee Frequency:

Annually
Community Features:

Gated
Pool Private:

false
Pool Features:

None

Parking

Parking Features:

Driveway
Garage:

true
Attached Garage:

false
Garage Spaces:

3
Covered Spaces:

3

Monthly cost estimate

Asking price

$2,085,000

Expense	Monthly cost
Mortgage	$11,164
Taxes	$611
Insurance	$573
HOA fees	$120
Utilities	$206 See report
Total	$12,674/mo.^*
	^*This is an estimate

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This house located in Lakeway, TX 78734 is currently for sale for $2,085,000. 207 Palazza Alto Dr is a 3,947 square foot house with 4 beds and 4 baths that has been on Estately for 129 days. This house is in the attendance area of Hudson Bend Middle School, Lake Travis High School, and Lake Travis Elementary School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.