— bed, — bath on 1.72 acres in Westlake Hills. Austin, TX 78746. $2,750,000. Eanes ISD.
About This Home
Hidden gem in the heart of Westlake Hills. This 1.72 acre lot features Bee Creek running through the middle, creating a unique and natural divide. This portion of the creek is spring fed and has water year-round most years. Views of the creek can be seen from the building site, which is in unincorporated Travis County. It has been cleared and is ready to build. The west side of the creek is in The City of Westlake Hills and is filled with trees, trails, privacy, and character. There is a natural stone grotto at the rear of the property, adding to its own magic to this special place. It is one of only two properties that front on Shadybrook Cove. You feel miles away from the City, yet it’s minutes to downtown Austin. Peaceful, private, serene, green and unique…you must see this one-of-a-kind property in person to truly appreciate it. Please contact agent to arrange a tour. *lot size per survey*
The 1.72-acre lot at 1 Shadybrook Cove in Westlake Highlands offers something rare for equestrian and agricultural pursuits in central Travis County: functional land with year-round water access and the infrastructure potential that serious horse owners require. Bee Creek runs through the middle of the property as a spring-fed water source that flows consistently through most years, eliminating the need for expensive well drilling and providing both irrigation capability and natural water supply for livestock operations. The building site on the east side sits in unincorporated Travis County and has been cleared for immediate development, meaning you can begin construction of barns, arenas, or shelters without clearing delays that often plague other equestrian properties in the Westlake Hills area.
The west side of the property, technically within Westlake Hills proper, remains densely treed with medium growth (20-40 feet) and natural trails, creating a buffer zone that provides privacy and pastoral character while protecting your operation from the visibility that concerns many horse owners. The rolling slope naturally accommodates pasture rotation, arena placement, and barn siting in ways that flat land cannot. A natural stone grotto at the rear adds both aesthetic and functional value, offering natural shelter and creating defined property character beyond typical equestrian lots in the 78746 zip code.
This location sits minutes from downtown Austin via established commute corridors while maintaining the rural feel essential for serious animal husbandry. Bridge Point Elementary, Hill Country Middle, and Westlake High School serve this area through Eanes ISD, so equestrian families don't sacrifice education quality for land access. The property benefits from being one of only two parcels fronting Shadybrook Cove itself, a distinction that typically translates to lower traffic, reduced noise, and greater control over neighboring development pressure. For buyers seeking to establish a functioning equestrian facility, hobby farm, or agricultural operation within the greater Austin metro area without long commutes, this combination of water rights, cleared building land, mature tree cover, and actual usable acreage represents exactly what the market rarely delivers in Travis County luxury segments.
The numbers behind this insight
- Offered at
- $2,750,000
- Listed
- March 27, 2026
Westlake Hills market
- Homes sold
- 345
- Median sale price
- $1,875,000
- Median price per sq ft
- $543
- Median days on market
- 33
- Homes for sale now
- 113
- Months of supply
- 3.9
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $595 per sq ft over the trailing 12 months (384 sales), as of November 4, 2026.
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
- 1.72 acres
Listing information last updated March 27, 2026.
Listed by Gottesman Residential R.E.
MLS# 6339342 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Rolling Slope
- Trees-Medium (20 Ft - 40 Ft)
- Lot Size
- 1.72 Acres
Financial
- Original List Price
- $2,750,000
Utilities
- Electricity Available
- Water Available
- Sewer
- Septic Needed,Septic Tank
Transaction History
4 records on file
Every recorded listing, sale, and lease at 1 Shadybrook Cv, whoever represented it.
- ActiveListed 2026Current price: $2,750,000Original list: $2,750,000MLS 6339342
- Listed · March 27, 2026$2,750,000
- WithdrawnListed 2025Current price: $2,750,000Original list: $2,750,000MLS 4473527
- SoldDecember 5, 2022Listed at: $2,250,000MLS 5846382
- WithdrawnListed 2022Current price: $2,250,000Original list: $2,250,000MLS 6264156
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
- $2,750,000
- Original list
- $2,750,000
- Price movement
- No verified reduction
- Listed / DOM
- Mar 27, 2026 · 222 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,458,059
- Assessment Year
- 2025
- Year Built
- 1967
- Parcel ID
- 000000121087
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-20.2% | — | $1,458,059 | — | — |
2024+4.5% | — | $1,826,229 | $1,040,000 | — |
2023+58.0% | — | $1,747,791 | $1,040,000 | $786,229 |
2022 | — | $1,106,309 | $1,040,000 | $707,791 |
Zoned Schools
Westlake
Hill Country
Bridge Point
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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($550K)
Adjustable assumption - not a lending recommendation.
Home price
$2,750,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$2,750,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
+46.7%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
222 days
Original to current
No verified reduction
$2.8M original
Active inventory context
113 listings
Price Position in Westlake Hills
Listed 47% 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
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