2 bed, 2 bath, 1,191 sqft on 0.12 acres in Westlake Hills. Austin, TX 78746. $625,000. Eanes ISD.
About This Home
Tucked within a gated Westlake community, 1000 Liberty Park Drive #507 offers a peaceful retreat just minutes from the heart of Austin. Surrounded by lush greenery and overlooking a private greenspace, this bright and inviting second-floor condo combines the ease of lock-and-leave living with an exceptional location.
Thoughtfully designed across 1,191 square feet, the single-level floor plan features two bedrooms and two full baths, offering a comfortable balance of space, functionality, and flexibility. Natural light fills the living areas, while tranquil greenspace views create a sense of privacy and connection to the outdoors. The secondary bedroom provides versatility for guests, a home office, or additional living space. With a manageable footprint and low-maintenance lifestyle, the residence is equally suited for everyday living or a convenient Austin home base.
Located within one of Westlake's few condominium communities and zoned to acclaimed Eanes ISD, the property offers the added benefits of gated access, a community swimming pool, and beautifully established surroundings. The peaceful setting feels removed from the energy of the city, yet some of Austin's most beloved destinations are just minutes away.
Start your morning with coffee at Day Maker Half Day Cafe, grab a bite at Tacodeli, or pick up groceries at nearby Trader Joe's, all approximately a mile from home. Outdoor enthusiasts will appreciate easy access to the Barton Creek Greenbelt and Zilker Park, while Downtown Austin's dining, entertainment, and cultural attractions are just a short drive away.
Offering an appealing combination of privacy, convenience, and location, this Westlake residence delivers an effortless approach to Austin living, with the city's best amenities close at hand and a quiet retreat to return to at the end of the day.
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
- 1996
- Lot Size
- 0.12 acres
- Price / Sq Ft
- $525
- HOA
- $504.9/mo
- Garage
- 1 spaces
Listing information last updated November 3, 2026.
Listed by Christies Intl Real Estate Lone Star
MLS# 8386785 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- Ceiling-High
- Double Vanity
- Open Floorplan
- Pantry
- Recessed Lighting
- Walk-In Closet(s)
- Dishwasher
- Disposal
- Microwave
- Free-Standing Gas Range
- Refrigerator
- Tile
- Vinyl
- Heating
- Central,Fireplace(s)
- Cooling
- Ceiling Fan(s),Central Air
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Wood Siding
- Stone Veneer
- Stucco
- Private
- Trees-Medium (20 Ft - 40 Ft)
- Wrought Iron
- Slab
- Covered
- Porch
- Roof
- Tile
- Lot Size
- 0.12 Acres
- Detached
- Garage
- Garage Door Opener
- Garage Spaces
- 1
Financial
- HOA Fee
- $505 / mo
- Original List Price
- $625,000
- Price per Sq Ft
- $525
Utilities
- Electricity Connected
- Natural Gas Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1000 Liberty Park DR Unit #507, whoever represented it.
- ActiveListed 2026Current price: $625,000Original list: $625,000MLS 8386785
- Listed · October 29, 2026$625,000
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
Listed with current price, original ask, and market time.
- Current list
- $625,000
- Original list
- $625,000
- Price movement
- No verified reduction
- Listed / DOM
- Oct 29, 2026 · 6 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $512,632
- Assessment Year
- 2025
- Year Built
- 1996
- Parcel ID
- 000000540849
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-19.3% | — | $512,632 | $102,963 | $409,669 |
2024+12.5% | — | $635,103 | $102,963 | $476,021 |
2023+13.5% | — | $564,342 | $102,963 | $532,140 |
2022+28.4% | — | $497,234 | $102,963 | $461,379 |
2021 | — | $387,147 | $102,963 | $394,271 |
Zoned Schools
Westlake
Hill Country
Cedar Creek
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 2026-11-03T23:33:00.494674+00:00; normalized from monthly dues.
Illustrative down payment
20% ($125K)
Adjustable assumption - not a lending recommendation.
Home price
$625,000
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
$625,000
Price per sqft
$525/sqft
Vs. Neighborhood guide reference price
-66.7%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
6 days
Original to current
No verified reduction
$625K original
Active inventory context
113 listings
Price Position in Westlake Hills
Listed 67% 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 Nov 3, 2026.
Request Private Market AnalysisConnect 1000 Liberty Park Dr Unit #507 to the Austin Market
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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