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5 bed, 6 bath, 5,201 sqft on 0.74 acres in Westlake Hills. Austin, TX 78746. Last listed at $2,799,900, sold March 24, 2026. Eanes ISD.
About This Home
Welcome to your dream home, nestled in the prestigious Davenport Ranch neighborhood and the highly acclaimed Eanes School District. This stunning Mediterranean style home on .74 acres has breathtaking hill country views, making it the perfect sanctuary for buyers seeking both elegance and privacy.
The eat-in kitchen is a culinary enthusiast's paradise, featuring high-end appliances and ample counter space, and it seamlessly flows into an open great room that is ideal for entertaining.
The owner’s retreat is conveniently located on the main level, with a private deck for serene morning coffee or evening relaxation. The recently remodeled bathroom boasts exquisite Turkish marble, creating a spa-like atmosphere.
Upstairs are four spacious bedrooms, each with recently remodeled en-suite bathrooms, ensuring comfort and privacy for family and guests alike. Additionally, there are two offices on the first level.
Wine lovers will appreciate the wine cellar, perfect for storing your favorite vintages. The backyard is an entertainer's dream, featuring a pool with a spa and infinity edge, all surrounded by lush landscaping with no visibility from neighboring homes offering then ultimate in privacy!
A private 0.74-acre homesite with hill country views is the headline at 2900 Water Bank Cv, a 5,201-square-foot single family residence priced at $2.80 million, or $538 per square foot. In Westlake Hills, 2900 Water Bank Cv sits in one of West Austin’s most established luxury pockets, where buyers get large lots, mature streetscapes, and fast access to both Lake Austin and downtown.
Built in 2001, this Austin, TX 78746 property in Travis County offers 5 bedrooms, 6 full baths, 1 half bath, a 3-car garage, 2 fireplaces, and a pool setup designed for privacy. The floor plan works for buyers who need both daily function and entertaining space. The owner’s suite is on the main level with its own deck, which matters in a house with this kind of topography and outlook. The bath has been remodeled with Turkish marble, and upstairs each secondary bedroom has its own updated en-suite bath. Two main-level offices give the home real flexibility for work, study, or dual executive use. A wine cellar adds another layer of utility for owners who entertain often.
The location is a major part of the value. Davenport Ranch remains one of the most reliable luxury neighborhoods in West Austin because it connects easily to Loop 360, Westlake Drive, and Bee Cave Road without losing its residential feel. Davenport Village is close for everyday errands, casual dining, and quick stops. Austin Country Club and Lake Austin are nearby, and Commons Ford Ranch Metropolitan Park is an easy option for outdoor time. In normal traffic, downtown Austin is roughly 15 to 20 minutes away, and Austin-Bergstrom International Airport is usually about 30 minutes.
For school-driven buyers, Eanes ISD is a key draw. The assigned path of Bridge Point, Hill Country, and Westlake places this home in one of the most recognized public school systems in Central Texas. That school alignment continues to carry weight with relocation buyers and long-term owners alike.
At 131 days on market, the home presents a specific opportunity: a large-lot West Austin address, strong school track, and resort-style privacy at a price point that is increasingly hard to find in core Eanes ISD. For buyers who want space, views, and staying power in the Westlake area, this is the kind of property that tends to age well in both lifestyle and value.
The numbers behind this insight
Westlake Hills market
- Homes sold
- 347
- Median sale price
- $1,933,000
- Median price per sq ft
- $550
- Median days on market
- 46
- Homes for sale now
- 117
- Months of supply
- 4.0
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
- 2001
- Lot Size
- 0.74 acres
- Price / Sq Ft
- $538
- HOA
- $724/year
- Garage
- 3 spaces
- Pool
- Yes
Listing information last updated March 24, 2026.
Listed by JBGoodwin REALTORS WL
MLS# 5913781 • 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
- Ceiling Fan(s)
- Beamed Ceilings
- Coffered Ceiling(s)
- Ceiling-High
- Tray Ceiling(s)
- Chandelier
- Granite Counters
- Quartz Counters
- Double Vanity
- Eat-in Kitchen
- Entrance Foyer
- Interior Steps
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Natural Woodwork
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Two Primary Closets
- Walk-In Closet(s)
- Wet Bar
- Cooktop
- Dishwasher
- Disposal
- Exhaust Fan
- Gas Cooktop
- Microwave
- Oven
- Refrigerator
- Stainless Steel Appliance(s)
- Washer
- Dryer
- Carpet
- Marble
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 2
Exterior & Lot
- Balcony
- Exterior Steps
- Gutters Full
- Lighting
- Private Yard
- Masonry – Partial
- Stone Veneer
- Stucco
- Back Yard
- Front Yard
- Gentle Sloping
- Landscaped
- Native Plants
- Private
- Sloped Down
- Sprinkler - Automatic
- Trees-Medium (20 Ft - 40 Ft)
- Views
- Back Yard
- Slab
- Covered
- Deck
- Front Porch
- Patio
- Terrace
- Roof
- Concrete,Tile
- Lot Size
- 0.74 Acres
- Attached
- Garage Faces Side
- Garage Spaces
- 3
- Pool
- Yes
Financial
- HOA Fee
- $724 / year
- Original List Price
- $3,200,000
- Price per Sq Ft
- $538
Utilities
- Electricity Available
- Natural Gas Available
- Phone Available
- Sewer Available
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
2 records on file
Every recorded listing, sale, and lease at 2900 Water Bank CV, whoever represented it.
- SoldMarch 24, 2026Listed at: $3,200,000MLS 5913781
- ExpiredListed 2025Current price: $3,200,000Original list: $3,275,000MLS 9995915
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
- $2,799,900
- Original list
- $3,200,000
- Price movement
- $400.1K reduction
- Listed / DOM
- Oct 31, 2025
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $3,178,579
- Assessment Year
- 2025
- Year Built
- 2001
- Parcel ID
- 000000423105
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+14.5% | — | $3,178,579 | — | — |
2024+0.0% | — | $2,775,449 | $1,155,000 | $2,308,010 |
2023+37.7% | — | $2,775,449 | $866,250 | $1,909,199 |
2022+23.9% | — | $2,015,948 | $866,250 | $1,909,199 |
2021 | — | $1,627,413 | $577,500 | $1,438,448 |
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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 and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-06-05T19:30:08.735081+00:00; normalized from annual dues.
20% ($560K)
Adjustable assumption - not a lending recommendation.
$2,799,900
Luxury property intelligence
Keenan Market Position
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$2,799,900
Price per sqft
$538/sqft
Vs. Neighborhood guide reference price
+44.8%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$400.1K reduction
$3.2M original
Active inventory context
117 listings
Price Position in Westlake Hills
Listed 45% above the Westlake Hills neighborhood guide reference price. Westlake Hills neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 5, 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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