#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024This property has sold on May 29, 2024. Looking for something similar? Contact us or browse available homes.
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$2,800,000
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Nestled in the coveted Blackacre Estates in West Lake Hills. Built by the current owners three decades ago, this 5-bedroom, 4-full, 2-half-bath residence offers an exquisite blend of classic charm and elegance. Enter through the front door to find a spacious layout designed for effortless living. The main level features an open kitchen with stainless steel appliances and a kitchen island, alongside a living room, formal dining room, office, and a guest bedroom with a full bath. Use the front or back staircase to discover the upper level, where the master suite awaits with an update bathroom, two closets, a private balcony and sunroom. Three additional bedrooms, two bathrooms, and a large playroom provide ample space for family and guests. Outside, a sprawling 1-acre flat lot beckons with a lagoon-style pool and spa and beautiful landscaping, offering a serene retreat. A covered and uncovered patio provides the perfect spot for outdoor gatherings. With a three-car garage, high ceilings, and abundant natural light, this home offers elegance and comfort in the heart of Westlake Hills. Don't miss the opportunity to make this your own private oasis. Schedule a showing today and experience the allure of Blackacre Estates living at its finest.
Property Type
Residential
Year Built
1994
Lot Size
1.04 acres
$/Sq Ft
$662
HOA
$1,400/year
Garage
3 spaces
Pool
Yes
Listed by Moreland Properties
Verified property facts
1201 Sprague LN is listed at $2,800,000 with 5 bedrooms, 4 full, 2 half bathrooms, 4,231 square feet, 1.04-acre lot. This places it above the ZIP 78746 single-family closed-sale median price of $2,100,000 (ZIP 78746 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 4, 2026).
1201 Sprague LN is zoned for Eanes ISD with assigned schools: Eanes (10/10) (elementary), Hill Country (9/10) (middle), Westlake (9/10) (high). School assignments should be verified directly with the district.
1201 Sprague LN is a Residential built in 1994 featuring 5 bedrooms, 4 full, 2 half bathrooms, 4,231 square feet, 1.04-acre lot.
1201 Sprague LN is listed by Moreland Properties. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Jun 4, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
1 record on file
Every recorded listing, sale, and lease at 1201 Sprague LN, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-2.5% | — | $2,620,000 | — | — |
2024+9.5% | — | $2,686,234 | $960,000 | $1,092,819 |
2023+49.6% | — | $2,454,243 | $960,000 | $1,726,234 |
2022 | — | $1,640,530 | $960,000 | $1,494,243 |
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. Ratings from GreatSchools.org.
20% ($560K)
Adjustable assumption - not a lending recommendation.
$2,800,000
Luxury property intelligence
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$2,800,000
Price per sqft
$662/sqft
Vs. Neighborhood guide reference price
+19.1%
$2.4M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$2.8M original
Active inventory context
17 listings
Price Position in Westlake Hills
Listed 19% 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 Jun 4, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Westlake Hills
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#1 ABOR Team 2024 with $1B+ career sales volume
1201 Sprague LN is priced at $662 per square foot across 4,231 sqft. The Westlake Hills neighborhood guide reference price is $2,351,000 (Westlake Hills neighborhood guide · reference price).
The most recent annual property tax for 1201 Sprague LN is $26,405. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 1201 Sprague LN. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jun 4, 2026, 1201 Sprague LN is offered at $2,800,000. The current MLS snapshot shows 83 active listings in 78746. Keenan Group has completed 19 verified transactions in 78746 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Westlake Hills guide for current neighborhood analysis.
1201 Sprague LN was built in 1994 (32 years ago). Buyers should budget for potential updates to major systems.
The MLS listing reports HOA or association dues of $1,400 annual for 1201 Sprague LN. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Westlake Hills is one of Austin's established neighborhoods, zoned for Eanes ISD in the 78746 area. The Keenan Group has specialized in Westlake Hills real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Car-Dependent
No Nearby Transit
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
7 events on record
Current Price
$2,800,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-2.5% | — | $2,620,000 | — | — |
2024+9.5% | — | $2,686,234 | $960,000 | $1,092,819 |
2023+49.6% | — | $2,454,243 | $960,000 | $1,726,234 |
2022 | — | $1,640,530 | $960,000 | $1,494,243 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Comparable homes that recently closed in this area
Neighborhood guide and local insights
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.
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