1937 Rue De St Tropez Unit #5, Austin, TX 78746

**Boat slip #2 transfers with the unit, one of the only ones in deep water right next to the jet skis in the picture.** Rare multi-level townhouse in a gated Westlake community offering stunning Lake Austin views, direct lake access, and one of the best boat slips in the marina. Enjoy a wall of windows overlooking the canal, a private covered patio, architectural molding, two fireplaces, a wet bar, and the convenience of a private elevator. Each bedroom sits on its own floor with an en-suite bath, large windows, and exceptional privacy.

The main living area features white oak floors, high ceilings, French doors to a balcony, and a modern wood-burning fireplace. The gourmet kitchen offers granite counters, white cabinetry, stainless steel appliances, a glass cooktop, and double ovens. The primary suite includes a fireplace, generous closet, and a spa-like bath with double vanity, soaking tub, and tile shower.

Community amenities include a private pool, hot tub, fire pit, marina, boat docks, and a pickleball court. Owners enjoy direct Lake Austin access and a locker for paddleboard storage. Rooftop deck showcases incredible views of Lake Austin and downtown Austin. Don’t miss this rare opportunity for luxury lakefront living in Westlake at this price.

The defining advantage at 1937 Rue De St Tropez St Unit #5 is direct Lake Austin access with Boat Slip #2 transferring with the residence, including a deep-water position in the marina. In Westlake Hills, that matters because this is not just a 3,092 square foot waterfront condominium in Austin 78746. It is a multi-level ownership opportunity with real boating utility, set within Eanes ISD and assigned to Bridge Point, Hill Country, and Westlake.

At $1.65M, or $534 per square foot, the property brings together several value drivers that sophisticated buyers track closely. The residence offers 3 bedrooms and 3 baths, with each bedroom placed on its own floor and paired with an en-suite bath, which creates separation and privacy that is hard to replicate in attached housing. Built in 1986 and positioned on a 0.325 acre site, the home also includes an elevator, two fireplaces, and a layout oriented to the water. The main living spaces are defined by high ceilings, white oak floors, French doors, and a wall of windows overlooking the canal. A covered patio, balcony, and rooftop deck extend the living experience outward, with Lake Austin and downtown Austin views shaping the backdrop rather than serving as a minor detail.

The kitchen and entertaining areas support full-time use rather than occasional occupancy. Granite counters, white cabinetry, stainless steel appliances, a glass cooktop, double ovens, and a wet bar give the home practical depth. The primary suite adds another fireplace, a large closet, double vanity, soaking tub, and tile shower, which keeps the owner’s level aligned with the broader standard set by the main living floor. Community amenities strengthen the position further. Residents have access to a private pool, hot tub, fire pit, marina, boat docks, pickleball court, and paddleboard storage, all inside a gated Westlake setting.

Days on market at 109 will draw attention, but that number should be read alongside what is actually being offered here: waterfront access, a transferable deep-water slip, canal orientation, rooftop lake and skyline views, and an Eanes ISD address. Buyers looking at long-term value in Westlake tend to focus on exactly those fundamentals, because they are the pieces that remain hard to replace as inventory changes.

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.