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2 bed, 1 bath, 1,031 sqft on 0.07 acres in Westlake Hills. Austin, TX 78746. Last listed at $449,000, sold March 11, 2022. Eanes ISD.
About This Home
ACCEPTING BACKUP OFFERS~Must see to appreciate the superb location of this wonderful 2 story townhome style condo in Westlake! Located approximately 10 minutes from downtown Austin, this home offers 2 bedrooms 1.5 bathrooms and an open concept floor plan that is ideal for relaxed entertaining. Enjoy a spacious and comfortable living area with a stone fireplace and recessed lighting that flows to an open dining and kitchen. The well appointed kitchen features granite counter tops, and SS appliances with a built-in microwave. Numerous windows throughout the dining and living area provide abundant natural light and exterior views. Recently added wooden flooring and fresh interior paint; no carpet. Two bedrooms upstairs with walk-in closets share a full bath. Enjoy outdoor living within a private, fenced-in patio and the excellent location to Barton Creek Greenbelt. Zoned to Eanes ISD schools!
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
- 1980
- Lot Size
- 0.07 acres
- Price / Sq Ft
- $435
- HOA
- $600/quarter
Listing information last updated March 11, 2022.
Listed by Redfin Corporation
MLS# 3059191 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- Granite Counters
- High Speed Internet
- Open Floorplan
- Recessed Lighting
- Smart Thermostat
- Convection Oven
- Dishwasher
- Disposal
- Electric Cooktop
- Microwave
- Electric Oven
- Stainless Steel Appliance(s)
- Electric Water Heater
- No Carpet
- Tile
- Wood
- Heating
- Central,Electric,Fireplace(s)
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Rain Gutters
- Lighting
- Hardi
- Plank Type
- Stone
- Wood
- Slab
- Patio
- Roof
- Composition,Shingle
- Lot Size
- 0.07 Acres
- Assigned
- Shared Driveway
Financial
- HOA Fee
- $600 / quarter
- Original List Price
- $449,000
- Price per Sq Ft
- $435
Utilities
- Electricity Available
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
3 records on file
Every recorded listing, sale, and lease at 1501 Allen RD Unit #B, whoever represented it.
- SoldMarch 11, 2022Listed at: $449,000MLS 3059191
- LeasedOctober 10, 2019Asking rent: $1,550/moMLS 5009320
- LeasedAugust 5, 2017Asking rent: $1,650/moMLS 9973996
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
Listing timeline with current price, original ask, and market time.
- Current list
- $449,000
- Original list
- $449,000
- Price movement
- No verified reduction
- Listed / DOM
- Feb 8, 2022
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $291,993
- Assessment Year
- 2025
- Year Built
- 1980
- Parcel ID
- 000000798983
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-26.6% | — | $291,993 | $151,920 | $140,073 |
2024-16.7% | — | $397,950 | $125,000 | $242,369 |
2023+25.5% | — | $477,947 | $125,000 | $272,950 |
2022+54.1% | — | $380,900 | $100,000 | $377,947 |
2021 | — | $247,225 | $100,000 | $280,900 |
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 2026-04-25T02:51:50.833075+00:00; normalized from quarterly dues.
Illustrative down payment
20% ($90K)
Adjustable assumption - not a lending recommendation.
Home price
$449,000
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
$449,000
Price per sqft
$435/sqft
Vs. Neighborhood guide reference price
-76.1%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$449K original
Active inventory context
113 listings
Price Position in Westlake Hills
Listed 76% below the Westlake Hills neighborhood guide reference price. Westlake Hills neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
Request Private Market AnalysisConnect 1501 Allen Rd Unit #B to the Austin Market
Westlake Hills Neighborhood Guide
Lifestyle, schools, market context, and homes in Westlake Hills
Westlake Hills Homes for Sale
Active listings and buyer search context in Westlake Hills
78746 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Eanes ISD Schools
District guide, nearby schools, and homes by attendance area
Austin Home Valuation
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Seller Resources
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Keenan Group Results
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