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6 bed, 7 bath, 8,992 sqft on 1.44 acres in Westlake Hills. West Lake Hills, TX 78746. Last listed at $10,300,000, sold October 4, 2024. Eanes ISD.
NEWLY COMPLETED RESIDENCE REDUCED FROM $16,499,000. Step into the realm of architectural splendor at 2 Valbella Drive, a newly revealed residence in the heart of Westlake set on 1.44 acres. Crafted in collaboration with Windsor Custom Homes and RD Architecture, this residence redefines sophisticated design and offers privacy and sweeping views of the rolling Hill Country. The home's design is a symphony of natural and modern elements including wood, steel and glass, creating a sanctuary connected with its lush surroundings. The well-appointed kitchen and additional catering kitchen are finished with walnut cabinetry, Calacatta Gold countertops and wine storage. An elevator adds convenience and luxury to this already impressive estate. Natural light pours in the open living spaces that lead seamlessly out to the spectacular outdoors with two dedicated pools and a spa. The primary suite, spanning 1,450 approximately square feet, is a sanctuary of privacy and luxury, with floor-to-ceiling windows that frame stunning, picturesque views. When it’s time to host, the upper level unveils a lavish retreat complete with a bar and captivating views off the terrace. A three-floor elevator provides seamless access to all levels. 2 Valbella Drive emerges as a retreat of modern privacy and serenity, offering refined elegance and excellence in one of Austin’s most sought-after neighborhoods. Adjoining 2.06-acre lot located at 3 Valbella Drive is available for sale separately under MLS #8077208. See agent for options to adjoin the two properties. Neither the cost of the lot at 3 Valbella, nor any build or concept plans are included in this listing. 24-Hour Advance Showing Notice. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.
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 guideVerified property facts
2 Valbella Dr is zoned for Eanes ISD with assigned schools: Eanes (elementary), Hill Country (middle), Westlake (high). School assignments should be verified directly with the district.
2 Valbella Dr is a Residential built in 2023 featuring 6 bedrooms, 7 full, 2 half bathrooms, 8,992 square feet, 1.44-acre lot.
2 Valbella Dr was last listed at $1,145 per square foot across 8,992 sqft. The Westlake Hills neighborhood guide reference price is $1,933,000 (Westlake Hills neighborhood guide · reference price).
The most recent annual property tax for 2 Valbella Dr is $84,072. 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.
2 Valbella Dr was last listed at $10,300,000 and sold on October 4, 2024. The current MLS snapshot shows 94 active listings in 78746. Keenan Group has completed 32 verified transactions in 78746 within its 1,000+ completed transactions and $1B+ career volume across Austin.
#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.
25+ years advising buyers and sellers in this community
Listing information last updated October 4, 2024.
Listed by Moreland Properties
MLS# 2789890 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
1 record on file
Every recorded listing, sale, and lease at 2 Valbella DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline 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+204.4% | — | $8,898,113 | $1,708,950 | — |
2024+422.2% | — | $2,922,708 | $1,040,000 | $4,185,604 |
2021 | — | $559,669 | $585,000 | — |
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 and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-06-16T04:20:00.637536+00:00; normalized from annual dues.
20% ($2.1M)
Adjustable assumption - not a lending recommendation.
$10,300,000
Luxury property intelligence
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$10,300,000
Price per sqft
$1,145/sqft
Vs. Neighborhood guide reference price
+432.9%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$1.7M reduction
$12M original
Active inventory context
117 listings
Price Position in Westlake Hills
Listed 433% 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 Jun 16, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Westlake Hills
Active listings and buyer search context in Westlake Hills
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
2 Valbella Dr was built in 2023, making it 3 years old with relatively recent construction.
The MLS listing reports HOA or association dues of $650 annual for 2 Valbella Dr. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
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)
Homes sold by Keenan Group.
7 events on record
Current Price
$10,300,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+204.4% | — | $8,898,113 | $1,708,950 | — |
2024+422.2% | — | $2,922,708 | $1,040,000 | $4,185,604 |
2021 | — | $559,669 | $585,000 | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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.
Near This Home
Active listings in the same neighborhood or ZIP search area. More homes in Westlake Hills
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.
Looking for more homes in Westlake Hills?
Contact an Expert →10 similar homes sold in the Eanes Elementary zone in the last 24 months; median list price $7,497,500; median 80 days on market (as of Oct 2026). Compared with those 10 homes, this one has 8,992 sq ft of living space, against a median of 6,726 sq ft, and a 1.44-acre lot, against a median of 1.09 acres.
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