
Set on nearly 10 largely flat, usable acres in Eanes ISD, this Westlake estate offers rare scale, privacy, and downtown Austin view corridors just 10 minutes from the city’s core. With over 1,000 feet of spring-fed Bee Creek frontage and a natural setting that feels removed from everything, the property delivers both immediate livability and long-term flexibility.
The existing 5,400+ SF residence is designed for indoor-outdoor living, with more than 3,500 square feet of covered terraces, verandas, and courtyard spaces surrounding a resort-style pool and spa. In total, the structure encompasses over 10,000 square feet under roof, creating a much larger living experience than the interior square footage alone suggests.
Set on build-friendly terrain, the home provides a strong architectural foundation ready for selective modernization — allowing a buyer to move in comfortably while enhancing over time, without the pressure of a full rebuild.
Beyond the current improvements, elevated portions of the property offer optional expansion potential, additional structures, or future estate planning flexibility if desired. Subdivision configuration is possible (buyer to verify), adding another layer of long-term optionality while preserving its immediate function as a private, usable estate.
Nearly 10 acres this close to downtown — with flat land, water frontage, skyline exposure, and privacy — are increasingly difficult to replicate.
Property Type
Residential
Year Built
1999
Lot Size
9.86 acres
$/Sq Ft
$2,027
Garage
8 spaces
Pool
Yes
Listed by Engel & Volkers Austin
Verified property facts
1601 Wild Basin Ledge is listed at $10,950,000 with 4 bedrooms, 4 full, 1 half bathrooms, 5,402 square feet, 9.86-acre lot. This places it above the 78746 median of $2,000,000.
1601 Wild Basin Ledge is zoned for Eanes ISD with assigned schools: Eanes (10/10) (elementary), Hill Country (9/10) (middle), Westlake (9/10) (high). School assignments should be verified directly with the district.
1601 Wild Basin Ledge is in Westlake Hills, Austin, Texas. See the full [Westlake Hills neighborhood guide](/neighborhoods/westlake-hills-austin) for market data, schools, and lifestyle details.
1601 Wild Basin Ledge is a Residential built in 1999 featuring 4 bedrooms, 4 full, 1 half bathrooms, 5,402 square feet, 9.86-acre lot.
1601 Wild Basin Ledge 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.
#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
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+11.2% | — | $5,949,785 | — | — |
2024-7.9% | — | $5,350,648 | $2,400,000 | $2,425,973 |
2023+78.9% | — | $5,810,479 | $2,400,000 | $2,950,648 |
2022-1.2% | — | $3,247,800 | $2,400,000 | $3,410,479 |
2021 | — | $3,286,600 | $1,350,000 | $1,897,800 |

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% ($2.2M)
$10,950,000
Luxury property intelligence
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List price
$10,950,000
Price per sqft
$2,027/sqft
Vs. Westlake Hills median
+365.8%
$2.4M median
Days on market
260 days
Original to current
$45K reduction
$11M original
Active inventory context
17 listings
Price Position in Westlake Hills
Listed 366% above the Westlake Hills median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 16, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
1601 Wild Basin Ledge is priced at $2,027 per square foot across 5,402 sqft. The Westlake Hills median list price is $2,351,000.
The most recent annual property tax for 1601 Wild Basin Ledge is $69,915. 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.
With 20% down ($2,190,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1601 Wild Basin Ledge is around $62,643 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $10,950,000, 1601 Wild Basin Ledge is in the Westlake Hills market where there are currently 113 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).
1601 Wild Basin Ledge sits on a 9.86-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)
Car-Dependent
No Nearby Transit
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
8 events on record
Current Price
$10,995,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+11.2% | — | $5,949,785 | — | — |
2024-7.9% | — | $5,350,648 | $2,400,000 | $2,425,973 |
2023+78.9% | — | $5,810,479 | $2,400,000 | $2,950,648 |
2022-1.2% | — | $3,247,800 | $2,400,000 | $3,410,479 |
2021 | — | $3,286,600 | $1,350,000 | $1,897,800 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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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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