— bed, — bath on 0.44 acres in Lake Austin. Austin, TX 78746. $5,995,000. Eanes ISD.
About This Home
Nearly half an acre awaits on one of Austin's most coveted addresses. Tucked along a private canal just moments from the main body of Lake Austin, this waterfront lot offers the best of both worlds — peaceful, secluded canal frontage paired with effortless access to open water.
Build the lakeside home you've always envisioned, with the serenity of a quiet cove and the convenience of being just a short paddle or boat ride from the iconic main body of Lake Austin.
Westlake Drive is synonymous with luxury lake living, and this is a rare chance to secure your own piece of it. Don't miss this opportunity to build your custom waterfront retreat on nearly .5 acres in one of Austin's most prestigious lake communities.
Lake Austin is Austin's most exclusive waterfront corridor - 22 miles of constant-level shoreline in 78732, 15 minutes from downtown. Waterfront homes start around $4M and trophy lots with 200+ feet of flat shoreline trade at $15M-$35M+. The lake is controlled by Tom Miller Dam, which maintains consistent water levels year-round - the key advantage over seasonal Lake Travis.
This is one of Austin's thinnest markets. Roughly 22 miles of total shoreline, and at any given time only 3-5 homes are actively listed. Many of the best lots trade privately through agent relationships before they ever reach the MLS. The finite supply creates a structural price floor that insulates Lake Austin from broader market cycles.
Buyers here want water access as daily life, not a weekend plan. Morning paddleboard, afternoon ski run, burgers at Ski Shores by boat, sunset from your own dock watching Hill Country ridgelines. The practical side matters too: you are inside Austin city limits with full services, 15 minutes from downtown, 10 from the Domain.
Four Seasons Private Residences is under development on 145 acres with 188 planned homes - the first significant new inventory since the lake was established. Eanes ISD and Leander ISD serve different sections of the corridor, both with strong school ratings.
- Property Type
- Land
- Lot Size
- 0.44 acres
Listing information last updated October 21, 2026.
Listed by Kuper Sotheby's Int'l Realty
MLS# 3823198 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Boat Slip
- Cleared
- Open Lot
- Private
- Trees-Large (Over 40 Ft)
- Views
- Lot Size
- 0.44 Acres
- Lake Front
- Waterfront
Financial
- Original List Price
- $5,995,000
Utilities
- Water Source
- Public
Transaction History
1 record on file
Every recorded listing, sale, and lease at 3407 Westlake DR, whoever represented it.
- ActiveListed 2026Current price: $5,995,000Original list: $5,995,000MLS 3823198
- Listed · October 21, 2026$5,995,000
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
- $5,995,000
- Original list
- $5,995,000
- Price movement
- No verified reduction
- Listed / DOM
- Oct 21, 2026 · 6 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,823,500
- Assessment Year
- 2025
- Year Built
- 1965
- Parcel ID
- 000000455592
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-26.8% | — | $1,823,500 | $1,822,500 | $1,000 |
2024+1.6% | — | $2,492,751 | $747,225 | $204,485 |
2023+49.7% | — | $2,454,083 | $747,225 | $670,251 |
2022-2.2% | — | $1,639,500 | $747,225 | $631,583 |
2021 | — | $1,676,320 | $1,302,369 | $337,131 |
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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($1.2M)
Adjustable assumption - not a lending recommendation.
$5,995,000
Luxury property intelligence
Keenan Market Position
A sourced read on Lake Austin pricing, timing, and property scale. No automated valuation claim.
List price
$5,995,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
+20.8%
$5M · Lake Austin neighborhood guide · reference price
Days on market
6 days
Original to current
No verified reduction
$6M original
Active inventory context
31 listings
Price Position in Lake Austin
Listed 21% above the Lake Austin neighborhood guide reference price. Lake Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 21, 2026.
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