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4 bed, 2 bath, 2,392 sqft on 1.21 acres in Westlake Hills. West Lake Hills, TX 78746. Last listed at $1,850,000, sold September 14, 2022. Eanes ISD.
About This Home
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!
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
- Residential
- Year Built
- 1978
- Lot Size
- 1.21 acres
- Price / Sq Ft
- $773
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated September 19, 2022.
Listed by Austin Hills and Views Realty
MLS# 3123508 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Primary Bedroom on Main
- Dishwasher
- Disposal
- Dryer
- Exhaust Fan
- Gas Range
- Microwave
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Wood Siding
- Back Yard
- Cul-De-Sac
- Private
- Sprinkler-Manual
- Trees-Heavy
- Chain Link
- Wood
- Slab
- Covered
- Deck
- Roof
- Shingle
- Lot Size
- 1.21 Acres
- Additional Parking
- Attached
- Garage Door Opener
- Garage Spaces
- 2
- Pool
- Yes
Financial
- Original List Price
- $2,250,000
- Price per Sq Ft
- $773
Utilities
- Cable Available
- Electricity Available
- Propane Needed
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
2 records on file
Every recorded listing, sale, and lease at 1 Terrace Mountain CV, whoever represented it.
- SoldSeptember 14, 2022Listed at: $2,250,000MLS 3123508
- LeasedOctober 26, 2021Asking rent: $5,900/moMLS 5953292
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
- $1,850,000
- Original list
- $2,250,000
- Price movement
- $400K reduction
- Listed / DOM
- Mar 21, 2022
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,586,828
- Assessment Year
- 2025
- Year Built
- 1978
- Parcel ID
- 000000119868
| 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 |
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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($370K)
Adjustable assumption - not a lending recommendation.
$1,850,000
Luxury property intelligence
Keenan Market Position
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. Neighborhood guide reference price
-4.3%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$400K reduction
$2.3M original
Active inventory context
117 listings
Price Position in Westlake Hills
Listed 4% below the Westlake Hills neighborhood guide reference price. Westlake Hills neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 3, 2026.
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Westlake Hills Neighborhood Guide
Lifestyle, schools, market context, and homes in Westlake Hills
Westlake Hills Homes for Sale
Active listings and buyer search context in Westlake Hills
78746 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Eanes ISD Schools
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Austin Home Valuation
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