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— bed, — bath on 1.54 acres in Westlake Hills. West Lake Hills, TX 78746. Last listed at $3,250,000, sold September 20, 2023. Eanes ISD.
About This Home
Rare view lot in Westlake just 7 minutes to DT Austin. Coveted sewer tap already secured, so no septic to worry with. City sewer opens endless construction possibilities on this gently sloping lot with gorgeous oak trees. DT, UT tower, and Capitol views - east facing homesites are finite in supply and ideal for living away from the searing summer sun. Join Nautical Boat Club just 5 minutes down Westlake Dr. for the full Lake Austin living experience - see agent for details. 1.5 acres in award-winning Eanes ISD. Lots this size don't come up often!
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
- Land
- Lot Size
- 1.54 acres
Listing information last updated September 26, 2023.
Listed by Moreland Properties
MLS# 7945361 • 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
Exterior & Lot
- Private Entrance
- Gentle Sloping
- Interior Lot
- Native Plants
- Private
- Rolling Slope
- Trees-Large (Over 40 Ft)
- Trees-Moderate
- Views
- Lot Size
- 1.54 Acres
- Dry
- Seasonal
Financial
- Original List Price
- $3,250,000
Utilities
- Electricity Connected
- Natural Gas Available
- Sewer Available
- Water Connected
- Water Source
- MUD
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1508 Westlake DR, whoever represented it.
- SoldSeptember 20, 2023Listed at: $3,250,000MLS 7945361
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
- $3,250,000
- Original list
- $3,250,000
- Price movement
- No verified reduction
- Listed / DOM
- May 5, 2023
Zoned Schools
Westlake
Hill Country
Eanes
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% ($650K)
Adjustable assumption - not a lending recommendation.
$3,250,000
Luxury property intelligence
Keenan Market Position
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$3,250,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
+68.1%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$3.3M original
Active inventory context
117 listings
Price Position in Westlake Hills
Listed 68% 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 Mar 25, 2026.
Request Private Market AnalysisConnect 1508 Westlake Dr 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
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Eanes ISD Schools
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Austin Home Valuation
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