2934-2938 Westlake Cv, Austin, TX 78746

2934/2938 WESTLAKE CV, AUSTIN, TX 78746. Lago Villa. This 2/2/2 1,472 sf house offers seclusion and 2 interior lots (not lakefront, but with direct lake access) include a total of 1.08 wooded acres. Sitting adjacent to direct lake access with a community boat dock, two boat slips are included (one per lot). House could be used as a guest house, rental, or tear down for new build. These lots are being sold together but buyer would be able to build one or two new houses. Great location in a gated community with 16 lots total (6 interior, 10 lakefront). Buy and build your new lakeview home at Lake Austin.

At 2934-2938 Westlake Cv, the defining fact is the land: 1.08 wooded acres in Westlake Hills with direct Lake Austin access and two included boat slips. In a Westlake market where buildable waterfront-adjacent opportunities are scarce, this Austin, TX 78746 property stands out less for the existing 1,472 square foot home and more for what the site allows next.

The property is a Residential - Single Family Residence built in 1968 with 2 bedrooms and 2 bathrooms, priced at $3.75 million, or $2,548 per square foot. That price per square foot reads high if you look only at the house. It makes more sense when you look at the two interior lots being sold together, the gated setting, the community boat dock, and the option to hold, lease, renovate, or start over with one or two new homes, subject to buyer due diligence. For buyers asking what it is like to live at 2934-2938 Westlake Cv, the answer starts with privacy, trees, water access, and long-term flexibility in one of the most land-constrained parts of Austin.

Westlake Hills is a small gated community with only 16 lots, including 6 interior lots and 10 lakefront lots. That limited supply matters. You are buying into a quiet pocket near Lake Austin rather than a dense section of Westlake. The immediate feel is secluded, but the location still keeps you connected to the core Westlake corridor, with Westlake Drive and Bee Cave Road shaping daily access in and out of the neighborhood. Loop 360 is also within easy reach, which is one reason this part of Travis County continues to hold value for buyers who want quick movement between Westlake, Downtown Austin, and the western hills.

The listing does not provide a school district, assigned schools, or school ratings, so those details should be confirmed directly during due diligence. What is clear is the property type, lot size, year built, and water access profile, which are the details that will drive most buyer decisions here. With 662 days on market, this is not a plug-and-play house purchase. It is a strategic land and lifestyle play in Austin 78746 for someone who understands the value of acreage, gated privacy, and direct access to Lake Austin. For the right buyer, the next chapter here is about building something that matches the setting and holds value over time.

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.