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4 bed, 2 bath, 2,571 sqft on 0.10 acres in Lake Austin. Austin, TX 78746. Last listed at $3,950,000, sold September 20, 2022. Eanes ISD.
About This Home
LAKE AUSTIN WATERFRONT TOWNHOUSE! Just 5 miles, or 15 minutes, to downtown Austin. Beautifully updated inside and out in 2017. This place is totally turn-key and can even be sold totally furnished. All bedrooms upstairs allowing for great open space on main level for living/entertaining. The biggest & best trees in the complex are at your back door offering great shade on your patio which overlooks your private boat-lift at your back door. Upstairs has primary bedroom, 2 additional bedrooms and an office which could be used as the 4th bedroom if needed (it was previously a bedroom and would make a large/comfortable bedroom). The garage is used as a beautifully finished garage but if needed, has pull out bunk-beds to make for a great bunk room for all the guests you'll have that want to enjoy Lake Austin with you over the weekends. This place is truly turn-key ready. Call for an easy appointment to see this property.
Lake Austin is Austin's most exclusive waterfront corridor - 22 miles of constant-level shoreline in 78732, 15 minutes from downtown. Waterfront homes start around $4M and trophy lots with 200+ feet of flat shoreline trade at $15M-$35M+. The lake is controlled by Tom Miller Dam, which maintains consistent water levels year-round - the key advantage over seasonal Lake Travis.
This is one of Austin's thinnest markets. Roughly 22 miles of total shoreline, and at any given time only 3-5 homes are actively listed. Many of the best lots trade privately through agent relationships before they ever reach the MLS. The finite supply creates a structural price floor that insulates Lake Austin from broader market cycles.
Buyers here want water access as daily life, not a weekend plan. Morning paddleboard, afternoon ski run, burgers at Ski Shores by boat, sunset from your own dock watching Hill Country ridgelines. The practical side matters too: you are inside Austin city limits with full services, 15 minutes from downtown, 10 from the Domain.
Four Seasons Private Residences is under development on 145 acres with 188 planned homes - the first significant new inventory since the lake was established. Eanes ISD and Leander ISD serve different sections of the corridor, both with strong school ratings.
- Property Type
- Residential
- Year Built
- 1977
- Lot Size
- 0.10 acres
- Price / Sq Ft
- $1,536
- HOA
- $525/mo
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated September 20, 2022.
Listed by Moreland Properties
MLS# 9558363 • 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
- Bar
- Breakfast Bar
- High Ceilings
- Built-In Range
- Built-In Refrigerator
- Dishwasher
- Disposal
- Stone
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Barbecue
- Boat Lift
- Frame
- Level
- Wrought Iron
- Slab
- Patio
- Roof
- Metal
- Lot Size
- 0.10 Acres
- Additional Parking
- Garage Spaces
- 2
- Pool
- Yes
- Lake Front
Financial
- HOA Fee
- $525 / mo
- Original List Price
- $4,995,000
- Price per Sq Ft
- $1,536
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
3 records on file
Every recorded listing, sale, and lease at 2463 Westlake DR, whoever represented it.
- ExpiredListed 2025Current price: $3,795,000Original list: $4,100,000MLS 6284998
- SoldSeptember 20, 2022Listed at: $4,995,000MLS 9558363
- WithdrawnListed 2022Asking rent: $15,000/moOriginal asking rent: $15,000/moMLS 2034501
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
- $3,950,000
- Original list
- $4,995,000
- Price movement
- $1M reduction
- Listed / DOM
- May 16, 2022
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $2,657,767
- Assessment Year
- 2025
- Year Built
- 1977
- Parcel ID
- 000000119657
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-31.4% | — | $2,657,767 | — | — |
2024+36.6% | — | $3,875,000 | $1,302,600 | $1,473,382 |
2023 | — | $2,837,181 | $1,302,600 | $2,572,400 |
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 2026-06-03T17:40:05.354938+00:00; normalized from monthly dues.
Illustrative down payment
20% ($790K)
Adjustable assumption - not a lending recommendation.
Home price
$3,950,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Lake Austin pricing, timing, and property scale. No automated valuation claim.
List price
$3,950,000
Price per sqft
$1,536/sqft
Vs. Neighborhood guide reference price
-21.8%
$5.1M · Lake Austin neighborhood guide · reference price
Days on market
Not available
Original to current
$1M reduction
$5M original
Active inventory context
31 listings
Price Position in Lake Austin
Listed 22% below the Lake Austin neighborhood guide reference price. Lake Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 3, 2026.
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