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5 bed, 7 bath, 5,872 sqft on 1.11 acres in Westlake Hills. Austin, TX 78746. Last listed at $3,500,000, sold August 10, 2026. Eanes ISD.
About This Home
Set on over an acre in Davenport Ranch, this Westlake property offers scale, privacy & a highly usable homesite with sweeping Hill Country views. The thoughtfully designed floor plan features five en-suite bedrooms, including a guest suite with convenient access to a separate exterior entrance, ideal for multi-generational living or extended stays. Formal & casual living and dining spaces are complemented by a dedicated office and expansive upper-level flex room with a wall of windows framing panoramic Hill Country views, offering exceptional flexibility for entertaining, work & everyday living. A butler's pantry with wet bar & wine refrigerator enhances the home's formal entertaining spaces. The outdoor setting is a standout feature. A resort-style heated pool & spa are complemented by a covered cabana featuring a full outdoor kitchen, living room, fireplace, and private bath with dressing area—creating an exceptional year-round entertaining space. Beyond the main yard, a privately cleared nature trail—rare for the neighborhood—leads to a secondary gathering area with a firepit, custom play structure & climbing wall, offering a unique combination of recreation, exploration & usable land. Interior features include extensive built-in shelving & cabinetry, exceptional storage throughout, oversized closets, and a beautifully renovated primary suite. Additional highlights include dual garages with built-in storage, solar panels servicing the home, and a lifetime concrete tile roof. Recent improvements include fresh interior paint & new flooring in the upper entertaining areas. The home offers convenient access to Lake Austin, Austin Country Club & Loop 360, with a direct route to Downtown Austin & major employers. Zoned to acclaimed Eanes ISD and minutes from St. Stephen's Episcopal School & Trinity Episcopal School. Comprehensive improvement history available upon request.
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
- 1.11 acres
- Price / Sq Ft
- $596
- HOA
- $724/year
- Garage
- 4 spaces
- Pool
- Yes
Listing information last updated July 24, 2026.
Listed by eXp Realty, LLC
MLS# 1501206 • 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
- Eat-in Kitchen
- Entrance Foyer
- Interior Steps
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Murphy Bed
- Pantry
- Primary Bedroom on Main
- Soaking Tub
- Storage
- Study
- Home Office
- Walk-In Closet(s)
- Wet Bar
- Built-In Oven(s)
- Built-In Refrigerator
- Dishwasher
- Disposal
- Gas Cooktop
- Ice Maker
- Microwave
- Double Oven
- Refrigerator
- Wine Refrigerator
- Carpet
- Tile
- Vinyl
- Heating
- Central,Natural Gas
- Cooling
- Central Air
- Fireplaces
- 2
Exterior & Lot
- Balcony
- Exterior Steps
- Lighting
- Outdoor Grill
- Playground
- Stucco
- Landscaped
- Open Lot
- Sprinkler - Automatic
- Sprinklers In Rear
- Sprinklers In Front
- Trees-Large (Over 40 Ft)
- Many Trees
- Views
- Wrought Iron
- Slab
- Covered
- Patio
- Rear Porch
- Roof
- Tile
- Lot Size
- 1.11 Acres
- Attached
- Garage
- Garage Faces Side
- Inside Entrance
- Workshop in Garage
- Garage Spaces
- 4
- Pool
- Yes
Financial
- HOA Fee
- $724 / year
- Original List Price
- $3,500,000
- Price per Sq Ft
- $596
Utilities
- Electricity Available
- Natural Gas Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 2541 Waymaker WAY, whoever represented it.
- SoldJune 6, 2001Listed at: $1,325,000MLS 588303
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
Pending with current price, original ask, and market time.
- Current list
- $3,500,000
- Original list
- $3,500,000
- Price movement
- No verified reduction
- Listed / DOM
- May 12, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $3,258,864
- Assessment Year
- 2025
- Year Built
- 1999
- Parcel ID
- 000000423041
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+20.8% | — | $3,258,864 | — | — |
2024-9.8% | — | $2,697,719 | $1,265,000 | $2,240,524 |
2023+29.7% | — | $2,990,411 | $1,031,250 | $1,666,469 |
2022 | — | $2,305,500 | $1,031,250 | $1,959,161 |
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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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($700K)
Adjustable assumption - not a lending recommendation.
Home price
$3,500,000
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
$3,500,000
Price per sqft
$596/sqft
Vs. Neighborhood guide reference price
+86.7%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$3.5M original
Active inventory context
113 listings
Price Position in Westlake Hills
Listed 87% above the Westlake Hills neighborhood guide reference price. Westlake Hills neighborhood guide · reference price.
Source: Public records and Keenan Group review as of Aug 10, 2026.
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Westlake Hills Neighborhood Guide
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