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4 bed, 3 bath, 3,372 sqft on 0.28 acres in Westlake Hills. Austin, TX 78746. Last listed at $1,725,000, sold June 30, 2023. Eanes ISD.
About This Home
Traditional and Timeless Residence in Davenport Ranch. This 4-bedroom, 3.5-bathroom home is located in the desirable Eanes school district and set on .282 acre. The main floor contains both formal living and dining spaces, in addition to the family room. The open kitchen features stainless steel appliances, a center island and breakfast bar. Upstairs, the expansive primary suite is paralleled by a unique sunroom that overlooks the privately-fenced backyard letting in ample natural light. Three additional guest bedrooms complete the second floor. Enjoy a shaded backyard and covered patio spaces to host family and friends. Co-listed by Andrew Ware and Karen Liddy.
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
- 1989
- Lot Size
- 0.28 acres
- Price / Sq Ft
- $512
- HOA
- $684/year
- Garage
- 2 spaces
Listing information last updated June 30, 2023.
Listed by Moreland Properties
MLS# 5482699 • 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
- Built-in Features
- Ceiling Fan(s)
- Granite Counters
- Double Vanity
- Kitchen Island
- Multiple Living Areas
- Recessed Lighting
- Walk-In Closet(s)
- Cooktop
- Dishwasher
- Disposal
- Electric Cooktop
- Microwave
- Refrigerator
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Private Yard
- Brick
- Slab
- Covered
- Front Porch
- Roof
- Composition,Shingle
- Lot Size
- 0.28 Acres
- Attached
- Garage
- Garage Spaces
- 2
Financial
- HOA Fee
- $684 / year
- Original List Price
- $1,900,000
- Price per Sq Ft
- $512
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 3206 Riva Ridge RD, whoever represented it.
- SoldJune 30, 2023Listed at: $1,900,000MLS 5482699
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
- $1,725,000
- Original list
- $1,900,000
- Price movement
- $175K reduction
- Listed / DOM
- Mar 24, 2023
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,948,716
- Assessment Year
- 2025
- Year Built
- 1989
- Parcel ID
- 000000125108
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-7.1% | — | $1,948,716 | — | — |
2024+33.2% | — | $2,096,731 | $1,187,500 | $684,506 |
2023+39.9% | — | $1,573,905 | $890,625 | $1,206,106 |
2022 | — | $1,124,782 | $890,625 | $683,280 |
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 2026-06-04T06:30:07.913078+00:00; normalized from annual dues.
Illustrative down payment
20% ($345K)
Adjustable assumption - not a lending recommendation.
Home price
$1,725,000
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
$1,725,000
Price per sqft
$512/sqft
Vs. Neighborhood guide reference price
-8.0%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$175K reduction
$1.9M original
Active inventory context
113 listings
Price Position in Westlake Hills
Listed 8% 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 Jun 4, 2026.
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Westlake Hills Neighborhood Guide
Lifestyle, schools, market context, and homes in Westlake Hills
Westlake Hills Homes for Sale
Active listings and buyer search context in Westlake Hills
78746 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Eanes ISD Schools
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Austin Home Valuation
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