5 bed, 5 bath, 4,530 sqft on 0.31 acres in Lost Creek. Austin, TX 78746. $3,537,578. Eanes ISD.
About This Home
New construction home to be built at The Overlook at Westlake, a private gated community in the heart of Westlake and located within highly sought-after Eanes ISD. Situated at 1101 Eternity Terrace on a premium corner lot, this two-story Ridgeline plan offers a rare combination of security, exclusivity, and close-in convenience just minutes from downtown Austin. Estimated completion January 2027, this 5 bedroom, 5 bathroom home offers approximately 4,530 square feet with a thoughtfully designed layout ideal for both everyday living and entertaining. The main level features expansive living and dining areas, a dedicated study, and a luxurious primary suite. The chef’s kitchen is equipped with Wolf and Sub-Zero appliances and complemented by a full butler’s pantry, providing additional prep space and storage. Upstairs, additional bedrooms are paired with a spacious loft that can function as a game room, media room, fitness space, or flexible living area. Designed with a modern hill country aesthetic, the home includes a full metal roof, high-end finishes, and large windows that bring in abundant natural light. Outdoor living is elevated with a sparkling pool and spa included, creating a true resort-style backyard. Buyers have the opportunity to personalize interior selections and finishes during construction, allowing for a tailored, custom feel. Additional highlights include a 3-car tandem garage, covered outdoor patio, and quality craftsmanship throughout. Rare opportunity to own new construction in a gated Westlake community offering privacy, limited inventory, and a true lock-and-leave lifestyle, all within minutes of Austin’s top dining, shopping, and entertainment.
Lost Creek is a gated community where privacy isn't promised in marketing copy but built into the infrastructure itself. 1101 Eternity Terrace sits on a corner lot within this secured neighborhood, designed so residents control who enters and when. The home is new construction completing January 2027, positioned in Eanes ISD with enrollment at Forest Trail Elementary, West Ridge Middle, and Westlake High School. This matters to families who understand that school district quality compounds over time.
The 5-bedroom, 5-bathroom floor plan spans 4,530 square feet on 0.31 acres. The main level holds a primary suite with its own spa-like bath, a separate study, and an open kitchen flowing into dining and living spaces. Wolf and Sub-Zero appliances aren't chosen for their brand status but for the performance standard they represent. A full butler's pantry provides what most homes lack: genuine storage and prep space. Upstairs, a second primary suite offers flexibility for guests or multigenerational living, while additional bedrooms connect to a loft designed without constraints. That space can function as a media room, fitness area, or simply as additional breathing room.
The construction details reflect forward-thinking design. Spray foam insulation, radiant barrier, and a tankless water heater reduce operational costs. ENERGY STAR appliances, smart thermostat control, and high-speed internet are integrated but unobtrusive. Cathedral ceilings, recessed lighting, and quartz counters in the kitchen and baths reflect quality without announcing it. Wood and tile flooring transition naturally between spaces. Stone and stucco exterior, combined with a full metal roof, age gracefully in Hill Country weather.
The outdoor living extends beyond typical patios. A resort-style pool and spa occupy the back portion of the lot. An automatic sprinkler system maintains landscaping without daily attention. The 3-car garage accommodates multiple vehicles and maintains the clean exterior appearance that gated communities protect.
Westlake's proximity to major employers, downtown Austin, and Dell's offices in Round Rock creates efficiency for commuters. The neighborhood sits minutes from Westlake shopping and dining without the density of closer-in residential areas. Buyers can personalize interior finishes during construction, creating a home that feels custom without the timeline or uncertainty of a full build.
This is ownership designed for people who value their time and privacy equally.
The numbers behind this insight
- Offered at
- $3,537,578
- Listed
- May 4, 2026
- Price changes
- 4, down 6.2% from $3,770,487
- Asking price per sq ft
- $781
Lost Creek market
- Homes sold
- 25
- Median sale price
- $1,410,000
- Median price per sq ft
- $507
- Median days on market
- 22
- Homes for sale now
- 10
- Months of supply
- 4.8
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $736 per sq ft over the trailing 12 months (182 sales), as of October 27, 2026.
Lost Creek is the neighborhood where Forest Trail Elementary parents have been walking their kids to school along the same shaded sidewalks for over 40 years, and many of them grew up doing the exact same thing. That kind of generational continuity is rare in Austin, a city that has reinvented itself several times during Lost Creek's existence. The neighborhood has held steady through all of it.
Lost Creek sits between Loop 360 and Barton Creek, just south of Bee Caves Road in West Austin. Downtown is a straight 15-minute shot east on Bee Caves Road to MoPac. The Barton Creek Square area is about eight minutes east, and Bee Cave's commercial district is five minutes west. The location threads a needle that is hard to find elsewhere. You are close enough to everything urban but surrounded by enough topography and tree cover that the city feels distant.
Housing spans about four decades, with most original homes built between the late 1970s and early 1990s. Texas Traditional architecture accounts for roughly 35 percent, with brick and stone exteriors and pitched rooflines. Ranch-style homes make up about 25 percent, and Mediterranean and Hill Country Contemporary each represent about 15 percent. Lot sizes range from a third of an acre to over an acre, with mature oak and pecan canopy throughout. Pricing runs from the high $700s for smaller unrenovated homes to over $3 million for updated estates on premium lots. The median transaction for a four-bedroom in good condition falls between $1.2 million and $1.8 million.
Eanes ISD is the anchor. Forest Trail Elementary serves Lost Creek directly and carries a decades-long reputation as one of the strongest elementary campuses in Central Texas. Students feed into Hill Country Middle and Westlake High, which competes at the highest levels in academics and UIL activities. Westlake's college placement record is among the best in the state. The Eanes tax base funds facilities and staffing ratios that most districts cannot match.
Mornings start with joggers heading to the Barton Creek Greenbelt, accessible from multiple trailheads nearby. Lost Creek Trail connects to Sculpture Falls, one of the most popular swimming holes on Barton Creek. Twin Falls is another favorite via a moderate hike from the eastern edge. The country club anchors social life with golf, tennis, swimming, and a dining room that serves as informal community gathering spot. County Line on the Hill is a longtime barbecue institution at the neighborhood's edge. Laurel Restaurant brings refined American cooking. The Grove on West 6th is a quick drive for patio dining. Lee's Kitchen handles casual weeknight meals, and Bob's Steak and Chop House covers the steakhouse occasions.
Lost Creek sits between higher-profile neighbors and benefits from the comparison. Rob Roy and Westlake Highlands to the east carry higher prices and more visible luxury signaling. Bee Cave's newer master-planned communities to the west offer updated homes but lack the tree cover and character. Lost Creek offers Eanes ISD at a lower entry point than Barton Creek or Rob Roy, with more personality than production communities further west.
Lost Creek is right for families who prioritize Eanes ISD, greenbelt access, and a mature tree-covered setting over new construction and resort amenities. The daily rhythm is school drop-off, trail run, work, evening walk, repeat. If you want a neighborhood where kids walk to elementary school and you can hike to a swimming hole the same morning, Lost Creek makes that possible. It is not trying to impress anyone, which is precisely what makes it impressive to the people who understand what they are looking at.
School District: Eanes ISD
View Lost Creek neighborhood guide- Property Type
- Residential
- Year Built
- 2026
- Lot Size
- 0.31 acres
- Price / Sq Ft
- $781
- HOA
- $250/mo
- Garage
- 3 spaces
- Pool
- Yes
Listing information last updated August 18, 2026.
Listed by Outlaw Realty
MLS# 2645475 • Pending
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Two Primary Baths
- Two Primary Suties
- Built-in Features
- Ceiling Fan(s)
- Cathedral Ceiling(s)
- Ceiling-High
- Quartz Counters
- Double Vanity
- High Speed Internet
- In-Law Floorplan
- Kitchen Island
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Smart Thermostat
- Soaking Tub
- Storage
- Walk-In Closet(s)
- Built-In Oven(s)
- Cooktop
- Dishwasher
- Disposal
- ENERGY STAR Qualified Appliances
- Microwave
- Double Oven
- RNGHD
- Refrigerator
- Stainless Steel Appliance(s)
- Vented Exhaust Fan
- Water Heater
- Tankless Water Heater
- Tile
- Wood
- Heating
- Central,ENERGY STAR Qualified Equipment,Natural Gas
- Cooling
- Ceiling Fan(s),Central Air,ENERGY STAR Qualified Equipment,Exhaust Fan
- Fireplaces
- 1
Exterior & Lot
- Rain Gutters
- Lighting
- Pest Tubes in Walls
- Concrete
- Frame
- Glass
- ICAT Recessed Lighting
- Spray Foam Insulation
- Masonry – All Sides
- Radiant Barrier
- Stone
- Stucco
- Back Yard
- Corner Lot
- Curbs
- Few Trees
- Front Yard
- Landscaped
- Sprinkler - Automatic
- Back Yard
- Gate
- Wrought Iron
- Slab
- Covered
- Patio
- Roof
- Metal
- Lot Size
- 0.31 Acres
- Attached
- Door-Single
- Driveway
- Garage
- Garage Door Opener
- Garage Faces Front
- Tandem
- Garage Spaces
- 3
- Pool
- Yes
Financial
- HOA Fee
- $250 / mo
- Original List Price
- $3,770,487
- Price per Sq Ft
- $781
Utilities
- Cable Available
- Electricity Connected
- Natural Gas Connected
- Phone Available
- Sewer Connected
- Underground Utilities
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1101 Eternity TER, whoever represented it.
- PendingListed 2026Current price: $3,537,578Original list: $3,770,487MLS 2645475
- Listed · May 4, 2026$3,770,487
- Price changed · May 21, 2026$3,750,900
- Price changed · May 29, 2026$3,658,584
- Price changed · June 4, 2026$3,511,053
- Price changed · July 24, 2026$3,537,578
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Pending with current price, original ask, and market time.
- Current list
- $3,537,578
- Original list
- $3,770,487
- Price movement
- $232.9K reduction
- Listed / DOM
- May 4, 2026 · 106 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $32
- Assessment Year
- 2025
- Parcel ID
- 000000978847
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $32 | — | — |
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 and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T18:07:23.561+00:00; normalized from monthly dues.
Illustrative down payment
20% ($708K)
Adjustable assumption - not a lending recommendation.
Home price
$3,537,578
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Lost Creek pricing, timing, and property scale. No automated valuation claim.
List price
$3,537,578
Price per sqft
$781/sqft
Vs. Neighborhood guide reference price
+150.9%
$1.4M · Lost Creek neighborhood guide · reference price
Days on market
106 days
Original to current
$232.9K reduction
$3.8M original
Active inventory context
10 listings
Price Position in Lost Creek
Listed 151% above the Lost Creek neighborhood guide reference price. Lost Creek neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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Lost Creek Neighborhood Guide
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78746 ZIP Guide
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Eanes ISD Schools
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