3 bed, 3 bath, 2,254 sqft on 2.65 acres in Westlake Hills. Austin, TX 78746. $3,000,000. Eanes ISD.
About This Home
Discover a true sanctuary on 2.628 acres of unincorporated land, just 12 minutes from the vibrant heart of Downtown, nestled within the acclaimed Eanes School District. This extraordinary property boasts a harmonious blend of privacy, expansive space, and the freedom that comes with lower taxes and minimal regulations, unlocking limitless development opportunities. Each bedroom serves as a personal retreat, featuring a balcony to fully embrace the tranquil, serene environment. The primary suite is an awe-inspiring haven adorned with a wall of windows framing breathtaking private views of canyons that highlight nature’s stunning beauty. Step outside onto the expansive deck, where spectacular sunsets and starry nights become integral to your everyday life, surrounding a luxurious pool and hot tub designed for ultimate relaxation and rejuvenation. This is more than just a home; it’s a masterpiece crafted by the ingenious David Shiftlet, complete with thoughtful updates that perfectly blend aesthetics with functionality. In this dream-like setting, high-speed fiber internet ensures seamless remote work, while a detached office and a spacious two-car garage—accompanied by a matching air-conditioned workshop—transform this property into a hobbyist’s paradise. The possibilities are endless! The land itself whispers tranquility, reminiscent of your own private greenbelt adorned with thousands of mature trees, winding all-season creeks, enchanting waterfalls, and inviting trails. These characteristics ensure your views remain protected and extend to three picturesque canyons. This is not merely a property but a rare opportunity to own one of the last expansive acreage parcels in West Austin—a beautiful home with boundless room to flourish and thrive. With an impressive annual short-term rental income of $70k, seize this chance to embrace a lifestyle where dreams flourish and inspiration reigns supreme.
Ten acres of unincorporated Travis County land with a private waterfall, canyon views across three ridges, and a fully operational residence at 1002 Jousting Pl in Camelot Section 03 represents one of the last major acreage opportunities west of Austin's urban core. The 2,254 square foot home sits on 2.645 acres of heavily treed terrain with mature oaks exceeding 40 feet, a sloped topography that creates natural privacy barriers, and seasonal creek systems that feed a working waterfall feature on the property. The main residence features a primary suite with wall-mounted windows framing unobstructed canyon views, while separate bedrooms each include private balconies overlooking the greenbelt. The pool and hot tub occupy the elevated deck section, positioned to capture western exposure for sunset viewing across the canyon system.
Interior finishes include a recently updated kitchen with discrete appliances, walk-in closets throughout, and ceiling fans for climate control across the carpet and tile flooring. A detached air-conditioned workshop and two-car garage provide functional workspace separate from the living quarters, critical for the property's documented $70,000 annual short-term rental income. High-speed fiber internet connectivity supports remote work without dependence on cellular infrastructure. The manual and partial sprinkler systems maintain the landscaping across the irregular lot, which descends gradually toward the eastern boundary where the waterfall and creek drainage systems operate year-round.
Location positioning places 1002 Jousting Pl approximately 12 minutes from downtown Austin via Ranch Road 2222 corridor, though subject to Eanes ISD zoning and unincorporated Travis County regulations rather than City of Austin jurisdiction. This classification delivers significantly lower property tax rates and minimal development restrictions compared to properties within city limits. Forest Trail Elementary, West Ridge Middle School, and Westlake High School serve the subdivision. The surrounding Camelot community maintains lower density residential character due to the acreage-based lot structure.
The property trades at $1,331 per square foot against the main structure, though the true asset concentration lies in the 2.645 acres themselves. Unrestricted by typical municipal codes, the land supports expansion, agricultural use, or alternative residential configurations. The canyon view protection through greenbelt designation and the permanent water features create enduring landscape security. The combination of functional rental income history, established outdoor infrastructure, and unencumbered acreage positions this as both a lifestyle property and a land banking opportunity in West Austin's most constrained geographic zone.
The numbers behind this insight
- Offered at
- $3,000,000
- Listed
- March 16, 2026
- Asking price per sq ft
- $1,331
Westlake Hills market
- Homes sold
- 344
- Median sale price
- $1,868,500
- Median price per sq ft
- $543
- Median days on market
- 33
- Homes for sale now
- 114
- Months of supply
- 4.0
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $732 per sq ft over the trailing 12 months (178 sales), as of November 3, 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
- Residential
- Year Built
- 1975
- Lot Size
- 2.65 acres
- Price / Sq Ft
- $1,331
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated March 18, 2026.
Listed by Keller Williams Realty
MLS# 1131018 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Cedar Closet(s)
- Ceiling Fan(s)
- Pantry
- Primary Bedroom on Main
- Walk-In Closet(s)
- Dishwasher
- Microwave
- Oven
- Refrigerator
- Carpet
- Tile
- Heating
- Central,Electric
- Cooling
- Central Air,Wall/Window Unit(s)
Exterior & Lot
- Exterior Steps
- Private Yard
- Greenbelt
- Irregular Lot
- Sloped Down
- Sprinkler-Manual
- Sprinkler - Partial
- Trees-Heavy
- Trees-Large (Over 40 Ft)
- Many Trees
- Waterfall
- Lot Size
- 2.65 Acres
- Assigned
- Detached
- Door-Multi
- Garage Faces Front
- Garage Spaces
- 2
- Pool
- Yes
Financial
- Original List Price
- $3,000,000
- Price per Sq Ft
- $1,331
Utilities
- Electricity Available
- Natural Gas Available
- Water Source
- MUD
- Sewer
- Septic Tank
Transaction History
3 records on file
Every recorded listing, sale, and lease at 1002 Jousting Pl, whoever represented it.
- ActiveListed 2026Current price: $3,000,000Original list: $3,000,000MLS 1131018
- Listed · March 16, 2026$3,000,000
- WithdrawnListed 2025Current price: $4,000,000Original list: $4,000,000MLS 6293193
- WithdrawnListed 2024Current price: $4,000,000Original list: $4,000,000MLS 3455940
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
- $3,000,000
- Original list
- $3,000,000
- Price movement
- No verified reduction
- Listed / DOM
- Mar 16, 2026 · 233 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,307,436
- Assessment Year
- 2025
- Year Built
- 1975
- Parcel ID
- 000000115345
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-6.9% | — | $1,307,436 | $362,669 | $291,049 |
2024+26.8% | — | $1,405,030 | $546,250 | $888,339 |
2023+78.6% | — | $1,107,982 | $546,250 | $858,780 |
2022 | — | $620,511 | $546,250 | $561,732 |
Virtual Tour

Zoned Schools
Westlake
West Ridge
Forest Trail
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% ($600K)
Adjustable assumption - not a lending recommendation.
Home price
$3,000,000
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
$3,000,000
Price per sqft
$1,331/sqft
Vs. Neighborhood guide reference price
+60.6%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
233 days
Original to current
No verified reduction
$3M original
Active inventory context
114 listings
Price Position in Westlake Hills
Listed 61% 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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