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$1,600.00 per month reduction! This one of a kind, palatial 7400+ sq. ft. estate sits on a 7.02 acre lot perched above Lake Travis in a private and gated neighborhood with only two other homes. Relax on one of the multiple outdoor living patios and catch breathtaking water views and Texas sunsets. Master bedroom has a fireplace and a separate exercise room off its bath. Guest bedroom on first story with a private bath, but no additional kitchenette facilities. Game room, media room and billiards room upstairs. One bedroom with private bath upstairs, and two others have Jack and Jill bath between. Wrought iron curving staircase, formal dining room has adjacent butler's pantry.