4501 WESTLAKE Dr Unit #23, Austin, TX 78746

Davenport Villas. Stunning lock-n-leave mediterranean home located in gated community in the heart of Westlake. Former Scott Felder model home with luxury upgrades throughout. Primary suite down and optional 4th Bedroom or study. Game room up with 2 TV's and built-in office center, Seamless indoor/outdoor living with large sliders, built-in grill and outdoor TV make this home perfect for entertaining inside and out!

4501 WESTLAKE Dr Unit #23 stands out for a simple reason: it puts a 2,959 square foot, 4 bedroom condominium in Westlake Hills and Eanes ISD at $1.55M, or $524 per square foot. In this part of Austin, buyers pay close attention to location efficiency, school path, and ease of ownership, and this property lines up cleanly on all three. The assigned schools are Bridge Point, Hill Country, and Westlake, which keeps the educational track firmly within one of the region's most closely watched districts.

Built in 2013, the home offers a more current construction date than much of the surrounding Westlake inventory, and the floor plan is built for flexibility. The primary suite is on the main level, which gives the layout long-term usability, while the optional fourth bedroom can also serve as a study without forcing a compromise elsewhere in the house. Upstairs, the game room and built-in office center create separation between work, media, and sleeping areas, which is increasingly important for buyers who need a home to handle more than one daily function well. The property's history as a former Scott Felder model home suggests a plan and finish package designed to show clearly from the start, not retrofitted later.

The site also deserves attention. A 0.3352 acre lot is meaningful in a condominium setting because it gives the home a stronger sense of physical presence than the category often implies. The indoor and outdoor connection is one of the more useful parts of the layout, with large sliders opening to an exterior setup that includes a built-in grill and outdoor TV. That is not decorative square footage. It is functional living area that broadens how the home can be used week to week. A fireplace and 2-car garage round out the practical features buyers in this segment expect to see.

With just 1 day on market, this is the kind of Westlake offering that will draw attention from buyers who want a gated, lock-and-leave residence without giving up size, school access, or plan flexibility. Over time, that combination tends to matter because it supports both immediate livability and the resale logic that drives long-term value.

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.