#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024This property has sold on September 19, 2023. Looking for something similar? Contact us or browse available homes.
1508 Westlake DR
West Lake Hills, TX, 78746
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This property is no longer actively listed. We can help you find similar homes currently for sale, notify you if this property relists, or explore off-market opportunities in the area.
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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!
Property Type
Land
Lot Size
1.54 acres
Listed by Moreland Properties
Verified property facts
1508 Westlake DR is listed at $3,250,000 with 0 bedrooms, 1.54-acre lot. This places it above the 78746 median of $2,025,000.
1508 Westlake DR is zoned for Eanes ISD with assigned schools: Eanes (elementary), Hill Country (middle), Westlake (high). School assignments should be verified directly with the district.
1508 Westlake DR is in Westlake Hills, Austin, Texas. See the full [Westlake Hills neighborhood guide](/neighborhoods/westlake-hills-austin) for market data, schools, and lifestyle details.
1508 Westlake DR is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 1508 Westlake DR is $39,377. 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.
#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
Lot Features
Fencing
Waterfront
Listing timeline with current price, original ask, and market time.
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% ($650K)
$3,250,000
Luxury property intelligence
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. Westlake Hills median
+38.2%
$2.4M median
Days on market
1,135 days
Original to current
No verified reduction
$3.3M original
Active inventory context
17 listings
Price Position in Westlake Hills
Listed 38% above the Westlake Hills median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Mar 25, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Westlake Hills
Active listings and buyer search context in Westlake Hills
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($650,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1508 Westlake DR is around $20,145 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $3,250,000, 1508 Westlake DR is in the Westlake Hills market where there are currently 110 active listings in 78746. The Keenan Group has completed 16 transactions in 78746 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Westlake Hills guide](/neighborhoods/westlake-hills-austin).
1508 Westlake DR includes verified waterfront access: Dry/Seasonal. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
1508 Westlake DR sits on a 1.54-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
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)
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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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