#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024This property has sold on September 13, 2022. Looking for something similar? Contact us or browse available homes.
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$1,850,000
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Incredible opportunity to own a large, very private lot in Westlake Hills. Tastefully Updated home surrounded by mature trees with potential Downtown Views. Dramatic entrance to tall ceilings, wood beams, light colors in walls, modern updated fireplace and sliding doors will connect the house with the beautiful nature. Enjoy your coffee, reading or just unwind from a busy day. Main Bedroom has two closets, wood flooring, sliding doors with access to the balcony and Full Bathroom with double vanities and Shower. 2 Secondary bedrooms share 1 full bath and the laundry closet is also at the same level for your convenience. Kitchen has white cabinets, Stainless Steel Appliances, dimming lights and a breakfast nook with modern cabinets with lots of storage. Lower level includes a long bonus room with half bathroom and access to the covered/patio and pool. Move in ready or add to fit your needs. Garage for 2 cars and a long driveway with lots of space to accommodate more vehicles.Trail beyond the fence and still part of the property leads to flowing Bee Creek with water falls. Just few minutes of all the amenities of Westlake like fine dining, shopping, bike and hike trails and a few minute drive to downtown. No HOA fees and low taxes!
Property Type
Residential
Year Built
1978
Lot Size
1.21 acres
$/Sq Ft
$773
Garage
4 spaces
Pool
Yes
Listed by Austin Hills and Views Realty
Verified property facts
1 Terrace Mountain CV is listed at $1,850,000 with 4 bedrooms, 2 full, 1 half bathrooms, 2,392 square feet, 1.21-acre lot.
1 Terrace Mountain CV is zoned for Eanes ISD with assigned schools: Eanes (10/10) (elementary), Hill Country (9/10) (middle), Westlake (9/10) (high). School assignments should be verified directly with the district.
1 Terrace Mountain CV is in Westlake Hills, Austin, Texas. See the full [Westlake Hills neighborhood guide](/neighborhoods/westlake-hills-austin) for market data, schools, and lifestyle details.
1 Terrace Mountain CV is a Residential built in 1978 featuring 4 bedrooms, 2 full, 1 half bathrooms, 2,392 square feet, 1.21-acre lot.
1 Terrace Mountain CV is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-6.7% | — | $1,586,828 | — | — |
2024-14.5% | — | $1,700,000 | $1,150,000 | $554,523 |
2023+57.3% | — | $1,987,293 | $1,150,000 | $550,000 |
2022+21.3% | — | $1,263,548 | $1,150,000 | $837,293 |
2021 | — | $1,041,730 | $646,875 | $616,673 |
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. Ratings from GreatSchools.org.
20% ($370K)
$1,850,000
Luxury property intelligence
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$1,850,000
Price per sqft
$773/sqft
Vs. Westlake Hills median
-21.3%
$2.4M median
Days on market
1,551 days
Original to current
$400K reduction
$2.3M original
Active inventory context
17 listings
Price Position in Westlake Hills
Listed 21% below the Westlake Hills median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 3, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Westlake Hills
Active listings and buyer search context in Westlake Hills
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
1 Terrace Mountain CV is priced at $773 per square foot across 2,392 sqft. The Westlake Hills median list price is $2,351,000.
The most recent annual property tax for 1 Terrace Mountain CV is $22,322. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($370,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1 Terrace Mountain CV is around $11,459 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,850,000, 1 Terrace Mountain CV is in the Westlake Hills market where there are currently 111 active listings in 78746. The Keenan Group has completed 19 transactions in 78746 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Westlake Hills guide](/neighborhoods/westlake-hills-austin).
1 Terrace Mountain CV was built in 1978 (48 years ago). Buyers should budget for potential updates to major systems.
1 Terrace Mountain CV includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Westlake Hills is one of Austin's established neighborhoods, zoned for Eanes ISD in the 78746 area. The Keenan Group has specialized in Westlake Hills real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
7 events on record
Current Price
$2,250,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-6.7% | — | $1,586,828 | — | — |
2024-14.5% | — | $1,700,000 | $1,150,000 | $554,523 |
2023+57.3% | — | $1,987,293 | $1,150,000 | $550,000 |
2022+21.3% | — | $1,263,548 | $1,150,000 | $837,293 |
2021 | — | $1,041,730 | $646,875 | $616,673 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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Neighborhood guide and local insights
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.
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