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3 bed, 2 bath, 2,004 sqft on 0.28 acres in Westlake Hills. Austin, TX 78746. Last listed at $1,290,000, sold May 11, 2026. Eanes ISD.
About This Home
Over $90,000 in updates—move-in ready in Westlake’s Woodhaven neighborhood. Recent improvements include brand-new white oak flooring throughout, fresh interior and exterior paint, new lighting, refreshed landscaping, and a renovated secondary bathroom.
This home offers 3 bedrooms, 2.5 baths, plus a flex space that can serve as a home office, second living area, playroom, or workout room. The main living area is bright and comfortable, centered around a fireplace. Upstairs, you’ll find the large primary suite with an updated bathroom, along with the updated kitchen featuring stainless steel appliances and a dining area. Step out from the dining area onto the expansive deck, perfect for relaxing or entertaining. Downstairs are two secondary bedrooms, a secondary bathroom, laundry room and large flex space with 2 additional storage areas.
Outside, enjoy a spacious backyard shaded by mature trees, along with a storage shed for tools, bikes, and gear. The home’s location offers convenient access to Downtown Austin, major roadways, grocery stores, shopping, dining, Austin-Bergstrom International Airport, and the Westlake Athletic & Community Center. Cedar Creek Elementary, Hill Country Middle School, and Westlake High School are all within approximately 0.5 to 0.6 miles. Schedule your private tour today. This home is a must-see.
Fresh, updated inventory in Eanes ISD is hard to find at this price point, which is what makes 3627 Peregrine Falcon Dr in Westlake Hills immediately relevant. Offered at $1.29M, or $644 per square foot, this 3 bedroom, 2 full bath, 1 half bath single family residence delivers 2,004 square feet on a 0.281 acre lot in Austin 78746, with Cedar Creek Elementary, Hill Country Middle School, and Westlake High in the school path.
The value here starts with the work already completed. More than $90,000 in updates changes the conversation from future project to current usability. White oak flooring runs throughout the home, the interior and exterior have been repainted, lighting has been replaced, landscaping has been refreshed, and the secondary bathroom has been renovated. For buyers comparing older Westlake inventory, that matters. A 1980 build can be compelling when the capital improvements are already in place and the house presents as move-in ready rather than deferred maintenance.
The layout also gives this home more flexibility than the bedroom count alone suggests. In addition to the main living area with a fireplace, there is a large flex space that can function as an office, second living room, playroom, or workout area. The primary suite is large and paired with an updated bathroom. The kitchen has also been updated and includes stainless steel appliances, with the dining area opening to an expansive deck. That indoor-outdoor connection is important on a lot of this size, especially with a backyard shaded by mature trees and additional storage provided by a shed plus two interior storage areas.
Location remains the other major lever. The home offers access to Downtown Austin, major roadways, grocery stores, shopping, dining, Austin-Bergstrom International Airport, and the Westlake Athletic & Community Center. The proximity to Cedar Creek Elementary, Hill Country Middle School, and Westlake High, noted at roughly 0.5 to 0.6 miles, adds practical daily value that buyers in this part of the market weigh carefully.
With only 2 days on market, this is the kind of Westlake Hills listing that stands out because the updates, lot size, school path, and flexible floor plan all support long-term livability and resale strength.
The numbers behind this insight
Westlake Hills market
- Homes sold
- 345
- Median sale price
- $1,875,000
- Median price per sq ft
- $543
- Median days on market
- 33
- Homes for sale now
- 113
- Months of supply
- 3.9
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
- 1980
- Lot Size
- 0.28 acres
- Price / Sq Ft
- $644
Listing information last updated May 12, 2026.
Listed by Magnolia Realty Austin Hill Co
MLS# 8865452 • 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
- Bookcases
- Built-in Features
- Ceiling Fan(s)
- Ceiling-Vaulted
- Quartz Counters
- Double Vanity
- Entrance Foyer
- Interior Steps
- Open Floorplan
- Recessed Lighting
- Smart Thermostat
- Two Primary Closets
- Walk-In Closet(s)
- Built-In Gas Range
- Dishwasher
- Disposal
- Exhaust Fan
- Microwave
- Wine Refrigerator
- Parquet
- Tile
- Heating
- Central,Fireplace(s),Natural Gas
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Exterior Steps
- Lighting
- Board & Batten Siding
- Stone
- Back Yard
- Front Yard
- Gentle Sloping
- Private
- Trees-Moderate
- Views
- Back Yard
- Fenced
- Gate
- Wrought Iron
- Slab
- Deck
- Roof
- Metal
- Lot Size
- 0.28 Acres
- Creek
Financial
- Original List Price
- $1,290,000
- Price per Sq Ft
- $644
Utilities
- Above Ground
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
2 records on file
Every recorded listing, sale, and lease at 3627 Peregrine Falcon DR, whoever represented it.
- SoldMay 11, 2026Listed at: $1,290,000MLS 8865452
- SoldMay 24, 2024Listed at: $1,299,000MLS 6893483
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
- $1,290,000
- Original list
- $1,290,000
- Price movement
- No verified reduction
- Listed / DOM
- Mar 13, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,263,630
- Assessment Year
- 2025
- Year Built
- 1980
- Parcel ID
- 000000105960
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-2.8% | — | $1,263,630 | — | — |
2024+8.9% | — | $1,300,000 | $900,000 | $212,629 |
2023+38.8% | — | $1,194,190 | $1,050,000 | $250,000 |
2022 | — | $860,451 | $1,050,000 | $144,190 |
Zoned Schools
Westlake
Hill Country
Cedar Creek
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.
Illustrative down payment
20% ($258K)
Adjustable assumption - not a lending recommendation.
Home price
$1,290,000
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
$1,290,000
Price per sqft
$644/sqft
Vs. Neighborhood guide reference price
-31.2%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$1.3M original
Active inventory context
113 listings
Price Position in Westlake Hills
Listed 31% 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 Oct 15, 2026.
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Westlake Hills Neighborhood Guide
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78746 ZIP Guide
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