#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
An exceptional Lake Austin waterfront opportunity offering rare entitlements and outstanding development potential. This close-in waterfront lot features approximately 100 feet of shoreline, with 70 feet of usable waterfront, and conveys long-standing entitlements dating back to 1915.
The property presents a unique chance to build a legacy estate with breathtaking Lake Austin views in one of Austin’s most desirable waterfront corridors. Buyers may take advantage of existing, permit-ready plans or pursue a fully custom design tailored to their vision, all within a setting that offers both privacy and proximity to the city’s premier amenities.
A truly rare offering where history, scale, and location converge to create an unparalleled waterfront homesite on Lake Austin.
Potential Owner Financing with Below-Market Interest Rates.
Property Type
Land
Lot Size
0.84 acres
Listed by Kuper Sotheby's Int'l Realty
Verified property facts
3823 Westlake DR is listed at $5,300,000 with 0 bedrooms, 0.84-acre lot. This places it above the 78746 median of $2,000,000.
3823 Westlake DR is zoned for Eanes ISD with assigned schools: Bridge Point (10/10) (elementary), Hill Country (9/10) (middle), Westlake (9/10) (high). School assignments should be verified directly with the district.
3823 Westlake DR is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($1,060,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 3823 Westlake DR is around $37,217 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Lot Features
Fencing
Waterfront
2 records on file
Every recorded sale and lease at 3823 Westlake DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
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. Ratings from GreatSchools.org.
20% ($1.1M)
$5,300,000
Luxury property intelligence
A sourced read on Lake Shore Add pricing, timing, and property scale. No automated valuation claim.
List price
$5,300,000
Price per sqft
Not available
Vs. Lake Shore Add median
Not available
Days on market
485 days
Original to current
$695K reduction
$6M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 15, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $5,300,000, 3823 Westlake DR is in the Lake Shore Add market where there are currently 94 active listings in 78746. The Keenan Group has completed 19 transactions in 78746 as part of 1,000+ career sales totaling $1B+ across Austin.
3823 Westlake DR includes verified waterfront access: Lake Front,Stream. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
3823 Westlake DR sits on a 0.84-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
No Nearby Transit
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Lake Shore Add
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