#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 20246 bed, 8 bath, 8,251 sqft on 3.74 acres in Westlake Hills. Austin, TX 78746. $17,499,000. Eanes ISD.
There is only one home in Austin, Texas with a view this commanding. Set behind gates atop a rare, flat hilltop plateau in Westlake Hills, The Majestic captures an entirely unobstructed panorama across Lake Austin, Mount Bonnell, the UT, Capitol Tower, Muny Golf Course, downtown, Lady Bird Lake, St. Edward’s and beyond.
Offered as the complete approximately 3.7-acre estate across two separate lots, this is a once-in-a-generation opportunity to control an extraordinary piece of Austin. The additional lot preserves privacy and critical sightlines while creating significant potential for future expansion into a larger private compound.
The meticulously maintained 8,251-square-foot residence was built with exceptional quality and intention, elevated so the panoramic view is fully realized from both the main and upper levels. Six bedrooms, eight full and two half baths, a chef’s kitchen, multiple bars, expansive living areas, two offices, elevator, generous suites, extensive storage and substantial garage capacity create effortless living at scale.
More than 4,000 square feet of covered outdoor living includes grand covered terraces, outdoor dining, fireplaces and fire features, manicured lawns, private trails, and a pool and spa overlooking the lake and city.
Nearly 9,000 additional square feet of walk-out lower-level space offers extraordinary potential for a collector’s car gallery, wellness retreat, gym, golf simulator, theater, wine cellar, speakeasy and more.
Commanding views. Usable acreage at elevation. Two lots. Exceptional construction. Extraordinary privacy. The Majestic is a legacy estate that simply cannot be duplicated.
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 guideVerified property facts
1415 Mount Larson Rd & 2012 Frances Dr is listed at $17,499,000 with 6 bedrooms, 8 full, 2 half bathrooms, 8,251 square feet, 3.74-acre lot. This places it above the ZIP 78746 single-family closed-sale median price of $2,125,000 (ZIP 78746 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).
1415 Mount Larson Rd & 2012 Frances Dr is zoned for Eanes ISD with assigned schools: Bridge Point (elementary), Hill Country (middle), Westlake (high). School assignments should be verified directly with the district.
1415 Mount Larson Rd & 2012 Frances Dr is a Residential built in 2007 featuring 6 bedrooms, 8 full, 2 half bathrooms, 8,251 square feet, 3.74-acre lot.
1415 Mount Larson Rd & 2012 Frances Dr is priced at $2,121 per square foot across 8,251 sqft. The Westlake Hills neighborhood guide reference price is $1,933,000 (Westlake Hills neighborhood guide · reference price).
#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.
25+ years advising buyers and sellers in this community
Listing information last updated September 29, 2026.
Listed by Kuper Sotheby's Int'l Realty
MLS# 4507807 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
1 record on file
Every recorded listing, sale, and lease at 1415 Mount Larson Rd & 2012 Frances Dr, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listed 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+113.6% | — | $11,002,016 | — | — |
2024-14.2% | — | $5,150,000 | $3,240,000 | $1,460,000 |
2023+56.5% | — | $6,000,000 | $3,240,000 | $1,910,000 |
2022+215.5% | — | $3,833,400 | $3,240,000 | $2,760,000 |
2021 | — | $1,215,000 | $1,215,000 | $2,618,400 |
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.
20% ($3.5M)
Adjustable assumption - not a lending recommendation.
$17,499,000
Luxury property intelligence
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$17,499,000
Price per sqft
$2,121/sqft
Vs. Neighborhood guide reference price
+805.3%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
49 days
Original to current
No verified reduction
$17.5M original
Active inventory context
116 listings
Price Position in Westlake Hills
Listed 805% 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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#1 ABOR Team 2024 with $1B+ career sales volume
The most recent annual property tax for 1415 Mount Larson Rd & 2012 Frances Dr is $108,504. 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 1415 Mount Larson Rd & 2012 Frances Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 15, 2026, 1415 Mount Larson Rd & 2012 Frances Dr is offered at $17,499,000. The current MLS snapshot shows 93 active listings in 78746. Keenan Group has completed 32 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.
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)
Homes sold by Keenan Group.
6 events on record
Current Price
$17,499,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+113.6% | — | $11,002,016 | — | — |
2024-14.2% | — | $5,150,000 | $3,240,000 | $1,460,000 |
2023+56.5% | — | $6,000,000 | $3,240,000 | $1,910,000 |
2022+215.5% | — | $3,833,400 | $3,240,000 | $2,760,000 |
2021 | — | $1,215,000 | $1,215,000 | $2,618,400 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Car-Dependent
Minimal 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.
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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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