1453 Wild Basin Ledge St, Austin, TX 78746

The best remaining properties are the Hidden Gems! Beautiful estate with expansive level building site overlooking one of the largest natural pools on Bee Creek. The natural waterfall is one of the outstanding characteristics of this property. This approximately 3 acre estate is only minutes from downtown Austin and located in the highly acclaimed Westlake High School/Eanes Schools district. The homesite sits amid a forest of trees and is one of the last parcels of Emmett Shelton's estate that has been in the family since the 1960s. I am happy to meet to show the property, even on short notice; just call or text. If you walk the land without listing broker/owner, be mindful of the bluff's edge that overlooks the creek, natural pool, and waterfall. Email listing broker/owner for a video of the creek to view its impressive flow! And is the price negotiable? Of course! Priced separately is LOT 2 LOST CANYON RANCH (about one acre) located on the south side of the creek and is available, too. Acreage size, tax rate and property tax figures are owner's personal estimates only and may not be relied upon. Public water supply is provided by Water District # 10.

The iron gates at 1453 Wild Basin Ledge Street open onto a rare 3.03-acre estate in Westlake Hills, where Bee Creek runs through the property with a natural waterfall and one of the largest natural pools on the creek. This unimproved land sits in the Eanes Independent School District, which feeds into Westlake High School, placing it in one of Austin's most sought education zones on the west side of the city.

The driveway winds through a mature forest canopy that has protected this parcel since the 1960s, when it was part of Emmett Shelton's original family estate. The wooded setting creates a private country atmosphere while remaining minutes from downtown Austin via Highway 71 and the surrounding road network that connects to Westlake Drive and Bee Creek Road. The topography slopes naturally toward the creek, creating dramatic elevation changes and bluff views that frame the water feature below.

The grounds encompass level building sites that take advantage of the creek frontage and natural landscape. The property's forest of mature trees provides both privacy screening and the kind of established canopy that typically takes decades to replicate. The natural waterfall and pool system represent significant water rights and landscape features that distinguish this from typical suburban lots. The creek runs year-round, maintaining its flow through seasons.

From an infrastructure standpoint, Water District #10 provides public water service to the property. The unimproved status means development potential remains entirely in the hands of the next owner, whether that's building a single-family residence, creating a compound, or preserving the natural state. The topography near the bluff edge requires careful site planning, as the elevation drop to the creek is substantial.

At $7.90 million for approximately 3 acres of Bee Creek frontage with established trees, water features, and proximity to Westlake schools and downtown access, this estate land offers the rare combination of creek frontage, privacy, and development potential within the Austin city sphere. A companion parcel of approximately 1 acre is also available separately. The extended market time reflects the niche nature of raw estate land this size in the central Austin area, where such properties rarely become available.

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.