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Description

Waterfront Luxury & STR Opportunity in Hill Country Cove Experience the perfect balance of security, serenity, and income potential in this former Parade of Homes masterpiece. Located in the exclusive, gated community of Hill Country Cove, this estate offers the best of lake living: the peaceful, wake-free waters of a deep-water canal with the main body of the lake just a 2-minute boat ride away. This subdivision allows Short-Term Rentals (Airbnb/Vrbo), making it a premier asset for investors or a perfect family retreat. Inside, the living room boasts soaring wood-beamed ceilings and windows framing the pool. The chef’s kitchen features stainless KitchenAid appliances, granite counters, and custom cabinetry. Two sophisticated primary suites offer total privacy, each with patio access and spa-like baths. A third bedroom and an entryway study (easily a 4th bedroom) provide ample space for guests. The outdoor oasis is unmatched. Enjoy 87’ of waterfront with a stone retaining wall. The canal setting provides true peace of mind; kids and grandkids can swim or paddleboard in calm, glass-like water without the worry of fast boats or large wakes. The massive double-slip boathouse includes extensive toy storage and is crowned by a sprawling rooftop party deck with a deluxe 8-person spa—the ultimate spot for sunset soirées and stargazing. Whether looking for a family compound or a turnkey investment, life doesn’t get better than this.

Contact Agent

Col Realty

(512) 699-3810

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Property Details

Status	Active
MLS #	ACT230111201
Taxes	$12,817 (2025) / year
HOA Fees	$200 / Annually
Type	Residential
Year Built	2011
Lot Size	0.47 AC / 20,560 SF
County	Llano
Subdivision	Hill Country Cove
Garage Spaces	2

Property Information

Interior

Breakfast BarBeamed CeilingsCeiling-HighGranite CountersCrown MoldingPantryPrimary Bedroom on MainRecessed LightingStudy/Home OfficeWalk-In Closet(s)Wired for Sound

Exterior

Boat Dock - SharedExterior StepsGutters Full

Appliances

Built-In Oven(s)Electric CooktopDishwasherDouble OvenStainless Steel Appliance(s)

Community

None

Parking

AttachedGarage Door OpenerGarage Faces FrontReserved

Utilities & Construction

Heat: ElectricAC: Central AirCarpet, Tile, WoodRoof: TileFoundation: Slab

🏊 Pool

Directions: FM 1431 to FM 2545, to right on Elkhorn Drive to right on Sleepy Oaks Drive to house on right.