4 bed, 4 bath, 5,402 sqft on 9.86 acres in Westlake Hills. Austin, TX 78746. $10,950,000. Eanes ISD.
About This Home
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.
At 1601 Wild Basin Ledge in the Bonham subdivision, 9.855 acres of largely flat, buildable terrain sit just 10 minutes from downtown Austin while maintaining the seclusion of true hill country living. This Eanes ISD estate anchors one of the rarest land opportunities in the Austin luxury market: nearly 10 acres with spring-fed Bee Creek frontage, native tree canopy, and unobstructed downtown view corridors, all within the Westlake High School attendance zone.
The 5,402-square-foot main residence functions as the centerpiece of a much larger living ecosystem. Over 3,500 square feet of covered outdoor space surrounds the property, including wrap-around terraces, verandas, an uncovered courtyard, and a resort-style pool and spa complex that anchor the indoor-outdoor flow. When combined with covered porches and additional structures already on site, the total built environment exceeds 10,000 square feet under roof, creating a living experience far larger than interior square footage suggests.
Inside, the home follows a main-floor primary suite design with no interior steps, granite counters, a gas range with indoor grill, wood and tile flooring, and built-in features throughout. Walk-in closets, dual primary vanities, a smart thermostat, and wired sound systems support daily comfort. Multiple living and dining areas, a kitchen island, and a breakfast bar distribute entertaining space naturally across the floorplan.
The setting itself defines the property's appeal. Gently sloping terrain with many mature trees creates privacy that absorbs the scale of the lot. The property borders the Eanes ISD campus area, placing it within a school district ranked among Texas's top public systems. The gentle topography and flat usable acreage mean the home is immediately livable while offering selective modernization potential without requiring a full rebuild. Elevated portions of the land provide optional expansion opportunities, secondary structures, or future flexibility. Subdivision potential exists (buyer verification required), adding optionality for long-term estate planning while preserving current function as a cohesive private residence.
Spring-fed creek frontage, greenbelt protection, proximity to Hill Country Golf Club, and downtown visibility converge on this singular offering. For Austin buyers seeking acreage with established privacy, water features, and near-term city access, 1601 Wild Basin Ledge delivers both immediate resort-living functionality and rare long-term optionality in a market where 10-acre parcels near downtown have become nearly impossible to find intact.
The numbers behind this insight
- Offered at
- $10,950,000
- Listed
- September 29, 2025
- Price changes
- 2, down 4.8% from $11,500,000
- Asking price per sq ft
- $2,027
Westlake Hills market
- Homes sold
- 344
- Median sale price
- $1,868,500
- Median price per sq ft
- $543
- Median days on market
- 33
- Homes for sale now
- 114
- Months of supply
- 4.0
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
- 1999
- Lot Size
- 9.86 acres
- Price / Sq Ft
- $2,027
- Garage
- 3 spaces
- Pool
- Yes
Listing information last updated March 8, 2026.
Listed by Engel & Volkers Austin
MLS# 8213495 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bookcases
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Central Vacuum
- Granite Counters
- Double Vanity
- Entrance Foyer
- In-Law Floorplan
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- No Interior Steps
- Pantry
- Primary Bedroom on Main
- Smart Thermostat
- Storage
- Two Primary Closets
- Walk-In Closet(s)
- Wired for Sound
- Dishwasher
- Gas Range
- Indoor Grill
- Microwave
- Oven
- RNGHD
- Refrigerator
- Washer
- Dryer
- Tile
- Wood
- Heating
- Central,Zoned
- Cooling
- Ceiling Fan(s),Central Air,Zoned
- Fireplaces
- 3
Exterior & Lot
- Uncovered Courtyard
- Playground
- Private Entrance
- Private Yard
- Frame
- Stone
- Greenbelt
- Back Yard
- Gentle Sloping
- Native Plants
- Near Golf Course
- Private
- Split Possible
- Many Trees
- Views
- Waterfall
- Partial
- Slab
- Covered
- Porch
- Rear Porch
- Wrap Around
- Roof
- Metal
- Lot Size
- 9.86 Acres
- Attached
- Circular Driveway
- Door-Multi
- Driveway
- Garage
- Private
- Workshop in Garage
- Garage Spaces
- 3
- Pool
- Yes
Financial
- Original List Price
- $11,500,000
- Price per Sq Ft
- $2,027
Utilities
- Electricity Connected
- Phone Connected
- Propane
- Underground Utilities
- Water Connected
- Water Source
- MUD
- Sewer
- Septic Tank
Transaction History
2 records on file
Every recorded listing, sale, and lease at 1601 Wild Basin Ledge, whoever represented it.
- ActiveListed 2025Current price: $10,950,000Original list: $11,500,000MLS 8532763
- Price changed · May 27, 2026$10,950,000
- ActiveListed 2025Current price: $10,950,000Original list: $11,500,000MLS 8213495
- Price changed · March 4, 2026$10,950,000
- Price changed · March 4, 2026$10,995,000
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
Price Change with current price, original ask, and market time.
- Current list
- $10,950,000
- Original list
- $11,500,000
- Price movement
- $550K reduction
- Listed / DOM
- Sep 29, 2025 · 401 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $5,949,785
- Assessment Year
- 2025
- Year Built
- 1999
- Parcel ID
- 000000121101
| 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 |
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.
Illustrative down payment
20% ($2.2M)
Adjustable assumption - not a lending recommendation.
Home price
$10,950,000
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
$10,950,000
Price per sqft
$2,027/sqft
Vs. Neighborhood guide reference price
+486.0%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
401 days
Original to current
$550K reduction
$11.5M original
Active inventory context
114 listings
Price Position in Westlake Hills
Listed 486% 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 Oct 15, 2026.
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Westlake Hills Neighborhood Guide
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78746 ZIP Guide
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Eanes ISD Schools
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