5 bed, 5 bath, 4,265 sqft on 0.42 acres in Westlake Hills. Austin, TX 78746. $1,995,000. Eanes ISD.
About This Home
Situated in the highly coveted Rolling Hills West neighborhood and exemplary Eanes ISD schools, this beauty offers an exceptional blend of timeless architecture, privacy, and convenience. Just a short walk to Cedar Creek Elementary, Hill Country Middle School, and Westlake High School, this remarkable property enjoys one of the most desirable locations in Westlake. Inspired by classic plantation-style architecture, the home showcases stunning 19th-century French doors, beautiful hardwood floors, and an inviting open floor plan designed for both everyday living and effortless entertaining. Gracious living spaces are filled with natural light and thoughtfully positioned to capture serene views and privacy from every room. The expansive floor plan features five spacious bedrooms, five full bathrooms, a dedicated office, and a large game room currently outfitted as a professional-quality dance studio with Marley floors. Whether hosting gatherings, working from home, pursuing creative passions, or simply enjoying family life, the home's flexible spaces accommodate a variety of lifestyles. Ideally located just minutes from premier shopping, dining, downtown Austin, and Zilker Park, 1201 Silver Hill presents a rare opportunity to enjoy the tranquility of an established Westlake neighborhood without sacrificing access to the city's best amenities.
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
- 1991
- Lot Size
- 0.42 acres
- Price / Sq Ft
- $468
- HOA
- $250/year
- Garage
- 2 spaces
Listing information last updated September 24, 2026.
Listed by Moreland Properties
MLS# 7673699 • Active Under Contract
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Built-in Features
- Ceiling-High
- Entrance Foyer
- Interior Steps
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Study
- Home Office
- Walk-In Closet(s)
- Gas Cooktop
- Tile
- Vinyl
- Wood
- Heating
- Central,Natural Gas
- Cooling
- Central Air
- Fireplaces
- 2
Exterior & Lot
- Balcony
- Private Yard
- Masonry – All Sides
- Back Yard
- Front Yard
- Private
- Trees-Heavy
- Trees-Large (Over 40 Ft)
- Slab
- Covered
- Front Porch
- Rear Porch
- Roof
- Composition,Shingle
- Lot Size
- 0.42 Acres
- Attached
- Driveway
- Garage
- Garage Spaces
- 2
Financial
- HOA Fee
- $250 / year
- Original List Price
- $2,495,000
- Price per Sq Ft
- $468
Utilities
- Electricity Connected
- Natural Gas Connected
- Water Connected
- Water Source
- MUD
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1201 Silver Hill DR, whoever represented it.
- Active Under ContractListed 2026Current price: $1,995,000Original list: $2,495,000MLS 7673699
- Listed · June 26, 2026$2,495,000
- Price changed · September 10, 2026$1,995,000
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
Active Under Contract with current price, original ask, and market time.
- Current list
- $1,995,000
- Original list
- $2,495,000
- Price movement
- $500K reduction
- Listed / DOM
- Jun 26, 2026 · 89 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,621,604
- Assessment Year
- 2025
- Year Built
- 1991
- Parcel ID
- 000000107882
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-27.0% | — | $1,621,604 | — | — |
2024+19.2% | — | $2,220,623 | $1,170,000 | $495,648 |
2023+48.4% | — | $1,863,434 | $1,300,000 | $920,623 |
2022 | — | $1,255,482 | $1,300,000 | $563,434 |
Virtual Tour

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 2026-10-15T21:07:13.546+00:00; normalized from annual dues.
Illustrative down payment
20% ($399K)
Adjustable assumption - not a lending recommendation.
Home price
$1,995,000
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
$1,995,000
Price per sqft
$468/sqft
Vs. Neighborhood guide reference price
+6.4%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
89 days
Original to current
$500K reduction
$2.5M original
Active inventory context
113 listings
Price Position in Westlake Hills
Listed 6% 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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Westlake Hills Homes for Sale
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78746 ZIP Guide
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Eanes ISD Schools
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