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4 bed, 4 bath, 4,738 sqft on 0.59 acres in Westlake Hills. Austin, TX 78746. Last listed at $3,449,000, sold August 28, 2024. Eanes ISD.
About This Home
*Buyer interest rate buy down options available* Step into a world where luxury seamlessly meets a vibrant community spirit in Westlake. One of the original 5 homes in all of Westview, this one story entertainer's dream is a highly sought after masterpiece of design and comfort, highlighted by a stunning redesigned kitchen with a 9-foot quartzite island and top-tier appliances, setting the stage for unforgettable entertaining. The seamless flow and thoughtful floor plan guides you through spacious, well-lit living spaces adorned with designer lighting, custom window treatments, Schumacher wallpaper and 4 cozy fireplaces, to a backyard paradise featuring an expansive patio with a fireplace, a pool, an outdoor kitchen with green egg, a fire pit - ideal for hosting any event. The primary suite is a haven of tranquility, complete with a fireplace, seating area and a spa-like bath, ensuring privacy and relaxation. Three large secondary bedrooms provide ample space.This versatile floor plan allows for endless possibilities with ample parking for guests. Nestled on a sprawling corner lot in a close-knit neighborhood celebrated for its community events, this property offers a unique blend of privacy and suburban warmth. Embrace the lifestyle you've dreamed of in a home that's more than a residence—it's a community. All encompassed in Eanes ISD with a low tax rate all within 8 miles of downtown Austin. Experience it for yourself by scheduling a showing today! *Buyer interest rate buy down options available*
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
- 1987
- Lot Size
- 0.59 acres
- Price / Sq Ft
- $728
- HOA
- $1,300/year
- Garage
- 3 spaces
- Pool
- Yes
Listing information last updated August 28, 2024.
Listed by Engel & Volkers Austin
MLS# 7879970 • 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
- High Ceilings
- Stone Counters
- Eat-in Kitchen
- Kitchen Island
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Soaking Tub
- Walk-In Closet(s)
- Wired for Sound
- Built-In Oven(s)
- Built-In Refrigerator
- Dishwasher
- Disposal
- Ice Maker
- Microwave
- Gas Oven
- Double Oven
- Stainless Steel Appliance(s)
- Water Heater
- Water Softener
- Carpet
- Stone
- Tile
- Wood
- Heating
- Central,Fireplace(s)
- Cooling
- Central Air
- Fireplaces
- 4
Exterior & Lot
- Gutters Full
- Outdoor Grill
- Private Yard
- Stone
- Stucco
- Corner Lot
- Cul-De-Sac
- Landscaped
- Level
- Sprinkler - Automatic
- Trees-Large (Over 40 Ft)
- Wrought Iron
- Slab
- Covered
- Deck
- Patio
- Roof
- Tile
- Lot Size
- 0.59 Acres
- Circular Driveway
- Garage
- Garage Spaces
- 3
- Pool
- Yes
Financial
- HOA Fee
- $1,300 / year
- Original List Price
- $3,785,000
- Price per Sq Ft
- $728
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- Private
- Sewer
- Shared Septic,Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 3314 Three Rivers DR, whoever represented it.
- SoldAugust 28, 2024Listed at: $3,785,000MLS 7879970
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
- $3,449,000
- Original list
- $3,785,000
- Price movement
- $336K reduction
- Listed / DOM
- Apr 17, 2024
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $2,932,946
- Assessment Year
- 2025
- Year Built
- 1987
- Parcel ID
- 000000122350
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+32.4% | — | $2,932,946 | — | — |
2024+0.3% | — | $2,215,286 | $1,000,000 | $846,725 |
2023+42.5% | — | $2,208,756 | $1,000,000 | $1,215,286 |
2022 | — | $1,550,000 | $1,000,000 | $1,208,756 |
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 and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-06-05T01:07:18.981+00:00; normalized from annual dues.
Illustrative down payment
20% ($690K)
Adjustable assumption - not a lending recommendation.
Home price
$3,449,000
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
$3,449,000
Price per sqft
$728/sqft
Vs. Neighborhood guide reference price
+83.9%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$336K reduction
$3.8M original
Active inventory context
113 listings
Price Position in Westlake Hills
Listed 84% 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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