2308 Matador Cir, Austin, TX 78746

Perched in the hills of Westlake Highlands, 2308 Matador Cir offers a rare opportunity to remodel, redevelop, or hold income-producing property in one of Austin’s most coveted pockets. Set on a 0.646-acre lot with no rear neighbors, this elevated homesite enjoys protected, southwest-facing canyon and hill country views—perfectly positioned to capture glowing sunset skies from the back deck.

The existing residence spans approximately 2,052 square feet, featuring vaulted ceilings, a dramatic stone fireplace, walls of windows flooding the space with natural light, and a spacious back patio that immerses you in the treetops. The home is in rentable condition and previously leased at $3,250/month, providing excellent interim value while plans for future improvements or new construction are explored.

Recent survey and geotechnical reports are available to expedite design work. Located within Austin’s 2-Mile ETJ, the property benefits from: No City of Austin property taxes - Fewer permitting hurdles through Travis County - Greater flexibility for custom builds or renovations

Zoned to Eanes ISD (Bridge Point Elementary, Hill Country Middle, Westlake High), this property combines privacy, versatility, and long-term upside just minutes from downtown and Lake Austin

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.