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5 bed, 4 bath, 6,542 sqft on 0.82 acres in Westlake Hills. Austin, TX 78746. Last listed at $4,250,000, sold February 4, 2026. Eanes ISD.
About This Home
The Diamond of Davenport, an exquisite blend of luxury and natural beauty in the Davenport Rim neighborhood of Westlake. This completely renovated estate features 5 spacious bedrooms, 4 full bathrooms, and 2 half bathrooms. The grand two-floor entry with a breathtaking curved stairway leads to a formal living area with a floor-to-ceiling Venetian plastered fireplace-- opening directly to the outdoor entertainment area. The private primary bedroom is a serene retreat with a cozy seating area and private patio entrance. Its luxurious bathroom boasts a grand garden tub, separate shower, dual vanities with exquisite finishes, and a spacious walk-in closet.
The beautifully updated kitchen is a chef's dream with stunning gold accents, built-in features, and professional Wolf appliances. It flows into a casual living space with a fireplace and panoramic views, perfect for everyday living and entertaining. Adjacent to the kitchen and living area is a dedicated wine room for showcasing your collection. A dedicated office area next to the primary suite provides a quiet workspace, while a large flex-space currently used as a gym offers versatility for a game room or additional office. An upper-level game room with a wet bar and stairs to a bonus room on the third floor adds to the home's entertainment options.
The outdoor space is designed for relaxation and entertainment, featuring a heated pool, spa, multiple levels of patios, and hill country views. Beautiful natural light floods the home through every window, highlighting high ceilings and expansive vistas. The third level offers a study nook, also perfect for yoga/meditation, with unobstructed views of the hill country-- providing tranquility and inspiration.
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
- 0.82 acres
- Price / Sq Ft
- $650
- HOA
- $570/year
- Garage
- 3 spaces
- Pool
- Yes
Listing information last updated February 4, 2026.
Listed by Christie's Int'l Real Estate
MLS# 5173868 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Breakfast Bar
- Built-in Features
- Ceiling-High
- Chandelier
- Quartz Counters
- Crown Molding
- Eat-in Kitchen
- Entrance Foyer
- Interior Steps
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Natural Woodwork
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Walk-In Closet(s)
- Dishwasher
- Disposal
- Gas Range
- Double Oven
- Free-Standing Range
- Refrigerator
- Vented Exhaust Fan
- Water Heater
- Tankless Water Heater
- Marble
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 2
Exterior & Lot
- Balcony
- Rain Gutters
- Private Yard
- Frame
- Masonry – All Sides
- Stone
- Stucco
- Greenbelt
- Curbs
- Interior Lot
- Sprinkler - Automatic
- Trees-Large (Over 40 Ft)
- Trees-Medium (20 Ft - 40 Ft)
- Fenced
- Masonry
- Stone
- Wrought Iron
- Slab
- Arbor
- Covered
- Patio
- Terrace
- Roof
- Spanish Tile,Tile,See Remarks
- Lot Size
- 0.82 Acres
- Attached
- Circular Driveway
- Door-Multi
- Garage Faces Side
- Garage Spaces
- 3
- Pool
- Yes
Financial
- HOA Fee
- $570 / year
- Original List Price
- $4,495,000
- Price per Sq Ft
- $650
Utilities
- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
- Underground Utilities
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
3 records on file
Every recorded listing, sale, and lease at 2005 FAR GALLANT DR, whoever represented it.
- SoldFebruary 4, 2026Listed at: $4,495,000MLS 5173868
- ExpiredListed 2025Current price: $4,495,000Original list: $4,650,000MLS 5092522
- ExpiredListed 2024Current price: $4,650,000Original list: $4,995,000MLS 2729507
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
Listing timeline with current price, original ask, and market time.
- Current list
- $4,250,000
- Original list
- $4,495,000
- Price movement
- $245K reduction
- Listed / DOM
- Jul 1, 2025
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $3,791,052
- Assessment Year
- 2025
- Year Built
- 2002
- Parcel ID
- 000000423064
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+31.4% | — | $3,791,052 | — | — |
2024-5.0% | — | $2,885,459 | $1,155,000 | $3,025,529 |
2023+189.1% | — | $3,035,751 | $866,250 | $2,019,209 |
2022-40.2% | — | $1,050,000 | $866,250 | $2,169,501 |
2021 | — | $1,754,408 | $577,500 | $1,654,163 |
Virtual Tour

Zoned Schools
Westlake
Hill Country
Bridge Point
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 2026-06-05T17:30:08.809018+00:00; normalized from annual dues.
Illustrative down payment
20% ($850K)
Adjustable assumption - not a lending recommendation.
Home price
$4,250,000
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
$4,250,000
Price per sqft
$650/sqft
Vs. Neighborhood guide reference price
+126.7%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$245K reduction
$4.5M original
Active inventory context
113 listings
Price Position in Westlake Hills
Listed 127% 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 5, 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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