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— bed, — bath on 0.48 acres in Westlake Hills. Austin, TX 78746. Last listed at $1,195,000, sold April 10, 2023. Eanes ISD.
About This Home
Your search ends here! Set on an extraordinary landscape with breathtaking views and enviable privacy, this home is the ultimate renovation opportunity in Westlake! Nestled in the trees and perfectly located to capture the glorious sights and peaceful sounds of the Texas hill country, this 2,363 sq ft home has two elevated decks to enjoy the most spectacular views of canyon exposure. It's truly an entertainer's dream with the most idyllic setting for a life well lived. This .48-acre lot has a lot of potential. The home is zoned to the highly rated EANES ISD with an INCREDIBLY LOW TAX RATE OF 1.6%. Located in the ETJ so no homeowners association. All within a short driving distance to downtown Austin, Lake Austin, shopping, dining and so much more. Your hill country, dream home awaits! Interested in making it yours? Reach out today!
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
- Land
- Lot Size
- 0.48 acres
Listing information last updated April 11, 2023.
Listed by Engel & Volkers Austin
MLS# 6461181 • 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
Exterior & Lot
- Balcony
- Front Yard
- Sloped Down
- Trees-Heavy
- Lot Size
- 0.48 Acres
Financial
- Original List Price
- $1,699,999
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
2 records on file
Every recorded listing, sale, and lease at 2715 Trail Of Madrones, whoever represented it.
- SoldApril 10, 2023Listed at: $1,699,999MLS 6461181
- WithdrawnListed 2022Current price: $1,195,000Original list: $1,699,999MLS 9807584
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
- $1,195,000
- Original list
- $1,699,999
- Price movement
- $505K reduction
- Listed / DOM
- Jun 24, 2022
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $2,140,550
- Assessment Year
- 2025
- Year Built
- 2023
- Parcel ID
- 000000122508
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+24.9% | — | $2,140,550 | — | — |
2024+10.3% | — | $1,713,475 | $882,000 | — |
2023+60.5% | — | $1,553,804 | $1,014,320 | $699,155 |
2022+19.9% | — | $967,896 | $1,014,320 | $539,484 |
2021 | — | $807,525 | $570,544 | $397,352 |
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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($239K)
Adjustable assumption - not a lending recommendation.
$1,195,000
Luxury property intelligence
Keenan Market Position
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$1,195,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
-37.5%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$505K reduction
$1.7M original
Active inventory context
118 listings
Price Position in Westlake Hills
Listed 38% below the Westlake Hills neighborhood guide reference price. Westlake Hills neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Mar 25, 2026.
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Westlake Hills Neighborhood Guide
Lifestyle, schools, market context, and homes in Westlake Hills
Westlake Hills Homes for Sale
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78746 ZIP Guide
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Eanes ISD Schools
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Austin Home Valuation
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