— bed, — bath on 1.09 acres in Westlake Hills. West Lake Hills, TX 78746. $2,450,000. Eanes ISD.
About This Home
Rare opportunity to build within the coveted, gated Wildcat Club enclave in West Lake Hills. Estate 5 at 1 Martelli Lane encompasses two expansive homesites set along one of Westlake’s most distinguished ridge lines, offering a remarkable combination of elevation, privacy, natural beauty, and panoramic views toward downtown Austin and the surrounding Texas Hill Country.
Wildcat Club is one of the area’s most exclusive residential settings, where thoughtfully designed estates are integrated into the natural landscape and no two residences share the same architectural vision. The gated community provides an exceptional sense of privacy and seclusion, surrounded by established luxury estates and the serene beauty of the hills while remaining just minutes from Austin’s premier amenities. Located within the highly regarded and sought-after Eanes Independent School District, this exceptional homesite offers the rare combination of luxury, privacy, location, and access to premier schools.
Sewer, electric, and water connections are available. Buyers may select their own builder or work with the preferred building team. The vision behind this extraordinary development is Wes Wigginton of Foursquare Builders, whose thoughtful approach and commitment to exceptional design have helped shape Wildcat Club into a truly distinctive collection of residences.
A rare opportunity to create a one-of-a-kind estate in one of Westlake’s most sought-after enclaves. **Additional lots available, see agent**
Westlake Hills is an incorporated city in Austin's 78746 ZIP code, five minutes west of downtown via Bee Caves Road. Eanes ISD - ranked #1 in Texas by Niche 2026 - draws most buyers. Median home price $2.4M, with estates from $1.2M updates to $10M+ hilltop compounds.
Roughly 1,000 total homes sit on wooded lots averaging half an acre to two acres, spread across the hills south of the Colorado River. Lost Creek, Davenport Ranch, The Oaks, and Bee Caves Woods each have a different character - from 1970s ranches on established lots to new-build Hill Country Contemporary estates with 20-foot ceilings and limestone facades.
The housing stock is in a generational transition. Original 1970s-80s ranch homes sell as teardowns at $1-2M for land alone, replaced by $3-8M contemporary builds. At any given time, 25-30 homes are actively listed. Inventory is tight, and a meaningful share of deals happen off-market through agent networks.
What defines daily life here: morning coffee at Swedish Hill, school drop-off at Eanes Elementary or Bridge Point, a trail run at Wild Basin Preserve, and dinner at Sway or Las Palomas without crossing MoPac. This is a quiet neighborhood built around schools and outdoor access, not nightlife or walkable retail. The people who live here chose it for exactly that trade-off.
School District: Eanes ISD
Westlake Hills luxury homes and neighborhood guide- Property Type
- Land
- Lot Size
- 1.09 acres
- HOA
- $1,000/year
Listing information last updated September 9, 2026.
Listed by DEN Property Group
MLS# 4308209 • Pending
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Back Yard
- Front Yard
- Private
- Private Maintained Road
- Trees-Medium (20 Ft - 40 Ft)
- Views
- Lot Size
- 1.09 Acres
Financial
- HOA Fee
- $1,000 / year
- Original List Price
- $2,450,000
Utilities
- Electricity Available
- Water Available
- Water Source
- Private
- Sewer
- Public Sewer
Transaction History
2 records on file
Every recorded listing, sale, and lease at 1 Martelli LN, whoever represented it.
- PendingListed 2026Current price: $2,450,000Original list: $2,450,000MLS 4308209
- Listed · August 18, 2026$2,450,000
- WithdrawnListed 2023Current price: $2,565,000Original list: $2,700,000MLS 1947279
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $2,450,000
- Original list
- $2,450,000
- Price movement
- No verified reduction
- Listed / DOM
- Aug 18, 2026 · 20 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,038,475
- Assessment Year
- 2025
- Parcel ID
- 000000965102
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $1,038,475 | $1,038,475 | — |
Virtual Tour

Zoned Schools
Westlake
Hill Country
Eanes
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T20:07:24.58+00:00; normalized from annual dues.
20% ($490K)
Adjustable assumption - not a lending recommendation.
$2,450,000
Luxury property intelligence
Keenan Market Position
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$2,450,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
+26.7%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
20 days
Original to current
No verified reduction
$2.5M original
Active inventory context
117 listings
Price Position in Westlake Hills
Listed 27% above the Westlake Hills neighborhood guide reference price. Westlake Hills neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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Westlake Hills Neighborhood Guide
Lifestyle, schools, market context, and homes in Westlake Hills
Westlake Hills Homes for Sale
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78746 ZIP Guide
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Eanes ISD Schools
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