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The true standout here is the finish-out. Thoughtfully curated by SLIC Design, the level of detail is difficult to capture in photos…from the flooring selections to the stonework, bath design, cabinetry and kitchen surfaces. The quality rivals anything in this price category. It’s refined, timeless, and executed in a way that will satisfy even the toughest buyer. The backyard is what Westlake buyers are constantly searching for but rarely find-usable, level space with room to truly live. Pool, spa, sport court, trampoline, covered patio, and generous yard space all come together to create a setting for both entertaining and everyday life. Inside, the floor plan offers exceptional flexibility. The main level features a private primary suite with nice views, direct pool access, a spa-like bath with sauna, and a custom walk-in closet. The chef’s kitchen is outfitted with Thermador appliances, separate built-in refrigerator and freezer, a butler’s pantry with additional dishwasher, and a secondary walk-in pantry. The open living area centers around a gas fireplace and a wall of windows overlooking the outdoor living spaces. Also on the main level: a dedicated office with built-ins and beautiful natural light, formal dining, wet bar, powder bath, an oversized laundry room with sink and refrigerator, plus a secondary bedroom with en-suite bath-currently functioning as an incredible mud room space but easily converted back to a sixth bedroom if needed. Upstairs offers four spacious bedrooms with walk-in closets, Jack-and-Jill baths, a large playroom flooded with light, and a separate flex room complete with bar area, sink, and mini refrigerator. Backing to one of Westlake’s most recognizable ridge lines, the property enjoys exceptional privacy with no rear neighbors. Resting beneath the landmark radio and TV towers, you’re assured exceptional privacy and a quiet neighbor. This is a rare combination of location, lot, views, and high-level design in the heart of Westlake.
Property Type
Residential
Year Built
2001
Lot Size
0.99 acres
$/Sq Ft
$808
HOA
$724/year
Garage
3 spaces
Pool
Yes
Listed by Moreland Properties
Verified property facts
2809 Waterbank CV is listed at $4,900,000 with 6 bedrooms, 4 full, 1 half bathrooms, 6,068 square feet, 0.99-acre lot. This places it above the ZIP 78746 single-family closed-sale median price of $2,100,000 (ZIP 78746 geography · single-family closed sales · median sale price · trailing 12 months as of Aug 30, 2026).
2809 Waterbank CV is zoned for Eanes ISD with assigned schools: Bridge Point (10/10) (elementary), Hill Country (9/10) (middle), Westlake (9/10) (high). School assignments should be verified directly with the district.
2809 Waterbank CV is a Residential built in 2001 featuring 6 bedrooms, 4 full, 1 half bathrooms, 6,068 square feet, 0.99-acre lot.
2809 Waterbank CV is listed by Moreland Properties. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Jun 5, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
2 records on file
Every recorded listing, sale, and lease at 2809 Waterbank CV, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Pending with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+39.6% | — | $3,321,400 | — | — |
2024-6.9% | — | $2,378,997 | $1,050,000 | $2,102,000 |
2023+37.3% | — | $2,556,412 | $787,500 | $1,591,497 |
2022+18.7% | — | $1,862,300 | $787,500 | $1,768,912 |
2021 | — | $1,569,100 | $525,000 | $1,337,300 |
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. Ratings from GreatSchools.org.
20% ($980K)
Adjustable assumption - not a lending recommendation.
$4,900,000
Luxury property intelligence
A sourced read on Davenport Ranch pricing, timing, and property scale. No automated valuation claim.
List price
$4,900,000
Price per sqft
$808/sqft
Vs. Neighborhood guide reference price
+137.6%
$2.1M · Davenport Ranch neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$4.9M original
Active inventory context
7 listings
Price Position in Davenport Ranch
Listed 138% above the Davenport Ranch neighborhood guide reference price. Davenport Ranch neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
2809 Waterbank CV is priced at $808 per square foot across 6,068 sqft. The Davenport Ranch neighborhood guide reference price is $2,062,500 (Davenport Ranch neighborhood guide · reference price).
The most recent annual property tax for 2809 Waterbank CV is $49,366. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 2809 Waterbank CV. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jun 5, 2026, 2809 Waterbank CV is offered at $4,900,000. The current MLS snapshot shows 88 active listings in 78746. Keenan Group has completed 19 verified transactions in 78746 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Davenport Ranch guide for current neighborhood analysis.
The MLS listing reports HOA or association dues of $724 annual for 2809 Waterbank CV. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Davenport Ranch is one of Austin's established neighborhoods, zoned for Eanes ISD in the 78746 area. The Keenan Group has specialized in Davenport Ranch real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Car-Dependent
No Nearby Transit
N/A
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
11 events on record
Current Price
$4,900,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+39.6% | — | $3,321,400 | — | — |
2024-6.9% | — | $2,378,997 | $1,050,000 | $2,102,000 |
2023+37.3% | — | $2,556,412 | $787,500 | $1,591,497 |
2022+18.7% | — | $1,862,300 | $787,500 | $1,768,912 |
2021 | — | $1,569,100 | $525,000 | $1,337,300 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Comparable homes that recently closed in this area
Neighborhood guide and local insights
Davenport Ranch sits directly above the Wild Basin Wilderness Preserve, which means roughly a third of the homes back up to 227 acres of protected juniper-oak woodland that will never be developed. That permanent green buffer is the defining feature and the reason lot premiums have held steady even when the broader Austin market has softened. The neighborhood occupies a ridgeline along the west side of Loop 360, between Westlake Drive to the north and Bee Caves Road to the south. Downtown Austin is about 10 minutes east via 360 to MoPac, making this one of the closest Hill Country neighborhoods to the urban core. Lake Austin sits less than five minutes north. The commercial activity along Bee Caves Road handles most daily needs. The Pennybacker Bridge overlook sits at the northern edge where 360 crosses Lake Austin. About 35% of homes feature Texas Hill Country Traditional design - native limestone, metal roofs, deep porches, and plans that follow the terrain's natural grade. Mediterranean homes account for 25%, with stucco, arched entries, and tile roofs. Contemporary designs make up 20%, emphasizing glass and indoor-outdoor living. The balance includes updated ranch-style homes from the 1980s and 1990s. Lots range from a quarter acre to over an acre on ridgeline positions. Pricing starts around $1.2 million for dated homes and climbs past $3 million for renovated custom builds with unobstructed westward views. Davenport Ranch feeds into Eanes ISD, the single biggest factor in the neighborhood's premium. Eanes Elementary, Bridge Point Elementary, and Valley View Elementary serve younger grades depending on address. Hill Country Middle School and Westlake High School complete the pipeline. Westlake High ranks among the top public high schools in Texas, with National Merit Scholar counts rivaling the state's best private schools. Davenport Ranch offers one of the more accessible entry prices within the district compared to Rob Roy or Barton Creek. Daily life has a Hill Country retreat quality despite being 10 minutes from downtown. Wild Basin offers 2.5 miles of hiking trails through native woodland. Barton Creek Greenbelt access sits nearby for longer hikes and swimming holes. The Pennybacker overlook draws sunset crowds. Lake Austin provides kayaking and paddleboarding without the longer drive to Lake Travis. For dining, Maudie's Milagro handles Tex-Mex with a popular patio. Jack Allen's on 360 does its reliable menu. The Grove brings a polished New American option. County Line on the Hill has been serving barbecue with views for decades. And Uchi and SP Brazilian are within a 10-minute drive. In the Eanes ISD market, Davenport Ranch positions itself as the value entry with genuine nature connection. It is less expensive than Rob Roy and Barton Creek, which start closer to $2 million. It offers more character than newer Westlake developments along Bee Caves Road. And it has better views than the townhome options along the 360 corridor. The tradeoff is that some original homes need significant updating, and hilly terrain means not every lot accommodates a pool without substantial engineering. Davenport Ranch fits buyers who want Eanes ISD and proximity to downtown without the price tag of the most exclusive west Austin enclaves. It works for nature-oriented families who will use Wild Basin and the Greenbelt regularly. And it suits anyone who wants the Hill Country aesthetic within a 10-minute commute. If you need flat streets or brand-new construction, this is not your neighborhood. But if you want to hike through a wilderness preserve in the morning and be at your desk downtown before 9, Davenport Ranch puts both within reach.
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