




$1,541,000
NAL Estimated Property Value506 Padres Pl, Austin, TX, 78738
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Tucked away at the end of a tranquil cul-de-sac in upscale Serene Hills, 506 Padres Place embodies the pinnacle of luxury living. This exquisitely designed and custom-built home by Eppright Homes was also the personal home of the highly sought after Austin-area builder. With a newly constructed and reimagined pool, spa and grand pergola, this beauty is a show-stopper for sure! Sitting on an expansive lot of just under ½ acre with no neighbors to one side, privacy and exclusivity abounds. The expansive one-story residence boasts 4 spacious bedrooms, each conveniently accompanied by its own en-suite bath. Elegance and sophistication define this home, with striking beamed ceilings, custom designed cabinetry, high-end Thermador appliances, Subzero wine and beverage storage, Cambria quartz countertops, porcelain tile and hardwood floors. A dedicated office as well as a separate living area for noisy children or guests provides ample space for both productivity and relaxation. The interior is adorned with well-crafted details as well as plantation shutters throughout, adding a touch of refinement to every corner. And the generous screened-in porch offers a seamless transition between indoor and outdoor living, allowing for year-round enjoyment of the lush surroundings of the extensive landscaping. The property also features a spacious garage with elegant cabinetry, storage and even a work bench for projects galore. Serene Hills offers majestic views of the highly sought after Texas hill country and is located in the award-winning Lake Travis Independent School District. Close by are miles and miles of hiking trails, 7 area golf courses and an abundance of water activities on any of the well-loved Highland Lakes. In addition, convenient access to schools, shopping and dining make this ideal location not only tranquil but close to everything! Only 20 minutes from downtown Austin and 30 minutes from Austin Bergstrom International Airport.
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Learn About the Market: Opportunity in Austin




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Austin
Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.
From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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