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3 bed, 2 bath, 2,605 sqft on 0.50 acres in Westlake Hills. West Lake Hills, TX 78746. Last listed at $1,500,000, sold November 5, 2024. Eanes ISD.
About This Home
Discover an amazing opportunity to own a mid-century modern masterpiece in the heart of Westlake, complete with access to a neighborhood park on Lake Austin. This home is a true gardener’s paradise, set on a beautifully landscaped half-acre lot featuring meticulously developed gardens, charming walkways, and serene sitting areas. The peaceful and tranquil atmosphere is enhanced by mature, towering trees that provide ample shade for the expansive outdoor decks. Renovated in 2006, the home boasts stunning Brazilian Cherry hardwood floors and a gorgeous Maple kitchen, making it move-in ready while still offering potential for future upgrades or expansion. The main-level master bedroom impresses with vaulted ceilings, an abundance of natural light, and an outdoor patio. The spacious en-suite bathroom includes a double vanity and an impressive walk-in closet. Downstairs, a secondary living area, two additional bedrooms, and a shared bath provide ample space for family or guests. Experience a tranquil lifestyle just minutes from downtown and within the highly acclaimed Eanes ISD. This is a truly unique chance to own a mid-century modern home with Lake Austin access—an opportunity like no other!
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
- 1970
- Lot Size
- 0.50 acres
- Price / Sq Ft
- $576
- Garage
- 2 spaces
Listing information last updated November 7, 2024.
Listed by Compass RE Texas, LLC
MLS# 9673493 • 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
- Bookcases
- High Ceilings
- Vaulted Ceiling(s)
- Granite Counters
- Double Vanity
- Multiple Living Areas
- Open Floorplan
- Primary Bedroom on Main
- Walk-In Closet(s)
- Microwave
- Free-Standing Range
- Refrigerator
- Washer
- Dryer
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Garden
- Private Yard
- Wood Siding
- Garden
- Sloped Down
- Many Trees
- Wood
- Slab
- Deck
- Wrap Around
- Roof
- Metal
- Lot Size
- 0.50 Acres
- Driveway
- Garage
- Garage Spaces
- 2
- Lake Privileges
Financial
- Original List Price
- $1,600,000
- Price per Sq Ft
- $576
Utilities
- Electricity Connected
- Water Source
- MUD,Public
- Sewer
- Public Sewer
Transaction History
5 records on file
Every recorded listing, sale, and lease at 1509 Westlake DR, whoever represented it.
- SoldNovember 5, 2024Listed at: $1,600,000MLS 9673493
- WithdrawnListed 2024Current price: $4,600Original list: $5,000MLS 4186599
- LeasedAugust 21, 2023Asking rent: $5,500/moMLS 5720460
- LeasedSeptember 20, 2019Asking rent: $4,450/moMLS 7715567
- WithdrawnListed date not recordedCurrent price: $4,450Original list: $4,600MLS 8357911
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
- $1,500,000
- Original list
- $1,600,000
- Price movement
- $100K reduction
- Listed / DOM
- Sep 12, 2024
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,389,000
- Assessment Year
- 2025
- Year Built
- 1970
- Parcel ID
- 000000117327
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-31.8% | — | $1,389,000 | — | — |
2024+11.3% | — | $2,037,511 | $1,134,000 | $465,146 |
2023+95.1% | — | $1,831,171 | $1,134,000 | $903,511 |
2022+26.7% | — | $938,737 | $1,134,000 | $697,171 |
2021 | — | $740,744 | $425,250 | $513,487 |
Virtual Tour
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% ($300K)
Adjustable assumption - not a lending recommendation.
$1,500,000
Luxury property intelligence
Keenan Market Position
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$1,500,000
Price per sqft
$576/sqft
Vs. Neighborhood guide reference price
-22.4%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$100K reduction
$1.6M original
Active inventory context
117 listings
Price Position in Westlake Hills
Listed 22% 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 Jun 5, 2026.
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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
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Austin Home Valuation
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Seller Resources
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Keenan Group Results
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