1603 Westlake Dr, West Lake Hills, TX 78746

Here's your opportunity to own a piece of prestigious Westlake Hills, within the highly sought-after Eanes ISD. This gorgeous, oak-filled lot offers over half an acre of prime real estate, ideal for expanding, building, or simply enjoying as-is. Lakeview Gardens offers a beautiful neighborhood park on Lake Austin. The existing residence is a well-maintained mid-century ranch, featuring 1,974 square feet of living space with 3 bedrooms and 2 bathrooms. Step inside to discover spacious living areas, boasting beautiful mid-century lines, vaulted ceilings, and a striking fireplace. The open kitchen, complete with a large island, has been recently remodeled to showcase a sleek, modern aesthetic. The large primary bedroom includes an ensuite bathroom and provides stunning views from an attached private deck—a perfect retreat after a long day. With plenty of outdoor space, this property is ideal for hosting gatherings or simply enjoying the tranquility of the surroundings. The unbeatable location in the heart of Westlake Hills ensures you’re just minutes away from top-rated schools, shopping, dining, and all the amenities that make this area so desirable.

The value at 1603 Westlake Dr starts with land, school path, and location discipline. In Westlake Hills in West Lake Hills, this 0.536 acre parcel places a 1,974 square foot single family residence inside Eanes ISD, with Eanes Elementary, Hill Country Middle, and Westlake High all tied to the address. At $1.20 million, or $608 per square foot, the property sits in a part of Travis County where lot quality and district alignment tend to matter as much as the house itself.

The existing residence was built in 1972 and holds 3 bedrooms, 2 baths, and 1 fireplace. The architecture reads as a mid-century ranch, which gives the home a clear identity instead of a generic remodel story. The interior is defined by open living space, vaulted ceilings, and a recently remodeled kitchen centered on a large island. That combination matters because buyers in this segment tend to look for layout efficiency first, then decide whether to preserve, expand, or reposition over time. Here, the house appears usable now without losing the longer-term upside of the site.

The lot is another key part of the equation. More than half an acre in West Lake Hills changes the way a property can function day to day. The oak-filled setting creates separation and outdoor utility, and it gives the next owner room to think strategically about additions, a broader renovation, or a future build plan. The primary suite adds another layer of livability with an ensuite bath and a private deck, which helps the current house compete beyond simple bedroom count and square footage.

Days on market at five suggest this is still early in its exposure cycle, which matters when a property offers both immediate occupancy and redevelopment optionality. Westlake Hills also includes neighborhood access to a park on Lake Austin, adding a geographic advantage that supports the address beyond the lot lines. For a buyer focused on Westlake land, Eanes ISD, and a property that can work now while holding future flexibility, 1603 Westlake Dr is positioned as a practical long-term asset rather than a short-term trade.

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.