403 Graciosa Cv, Austin, TX 78746

Reduced $695,000!! Welcome to a modern luxury sanctuary, nestled on a private 1.1-acre wooded lot in Westlake's exclusive Loma Graciosa community with a low property tax rate of 1.43% offering ultimate privacy along with stunning views. Crafted by Foursquare builders in 2012, this architectural gem seamlessly blends sophistication with functionality, designed by award-winning David Webber of Webber+Studio Architects. Energy efficiency and tranquility are paramount, featuring a reflective metal roof, blond woods, native landscape, Control4 whole house AV system, and solar panels; all harmonizing with the natural surroundings. Upon arrival, be captivated by the home's integration with nature, boasting stone walls, cypress timber cladding, and abundant natural light through curtains of RAM windows and Heritage glass sliders.Zoned for highly ranked Eanes ISD (walkable to all 3 schools), immediate access to Bee Cave Road's shopping and restaurants, only 10 minutes from downtown Austin and conveniently located near Barton Creek Greenbelt, ABIA, and major highways; 403 Graciosa Cove embodies the pinnacle of modern living. The interior is a study in simplicity and sustainability, with an open-concept layout framing panoramic views to the south and east of the Texas hill country and downtown Austin skyline views. The chef's kitchen, primary suite, and four spacious versatile living spaces offer comfort and elegance, while outdoor amenities include a heated and chilled 75 foot lap pool, grill station, expansive pool deck for lounging, outdoor shower, and a cascading waterfall. Whether seeking tranquility or entertainment, this Westlake residence exceeds expectations with its meticulous design and prime location.

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.