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3 bed, 2 bath, 2,210 sqft on 1.14 acres in Westlake Hills. Austin, TX 78746. Last listed at $1,525,000, sold May 23, 2025. Eanes ISD.
About This Home
Tucked away on a cul de sac behind a gate, this private 1+ acre estate in the heart of Westlake offers both seclusion and convenience. The home itself is a vibrant blend of character and charm, featuring 2,210 square feet of thoughtfully designed space, including three bedrooms and two bathrooms. Natural light pours through large windows, complementing the warmth of wood flooring throughout the main living areas.
The updated kitchen balances style and function, while the formal dining room seamlessly extends to a lovely flagstone and steel patio—an inspired creation by Big Red Sun. Expansive decking encircles the home, enhancing the connection to the surrounding native landscape.
While the existing home exudes personality, the true potential of this property lies in its flexibility. Whether you choose to update and enhance the current structure or start fresh with a custom build, this estate presents a rare opportunity in the sought-after Eanes ISD.
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
- 1981
- Lot Size
- 1.14 acres
- Price / Sq Ft
- $690
Listing information last updated May 29, 2025.
Listed by Compass RE Texas, LLC
MLS# 6193167 • 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
- Entrance Foyer
- Interior Steps
- Primary Bedroom on Main
- Recessed Lighting
- Track Lighting
- Walk-In Closet(s)
- Convection Oven
- Dishwasher
- Disposal
- Dryer
- Electric Cooktop
- Electric Range
- Microwave
- Refrigerator
- Self Cleaning Oven
- Washer
- Electric Water Heater
- Carpet
- Tile
- Wood
- Heating
- Central,Electric
- Cooling
- Central Air
Exterior & Lot
- Exterior Steps
- Gutters Full
- Private Yard
- Frame
- Greenbelt
- Cul-De-Sac
- Sprinkler - Automatic
- Many Trees
- Trees-Large (Over 40 Ft)
- Trees-Medium (20 Ft - 40 Ft)
- Partial
- Wood
- Wrought Iron
- Slab
- Deck
- Patio
- Porch
- Roof
- Metal
- Lot Size
- 1.14 Acres
- Carport
Financial
- Original List Price
- $1,525,000
- Price per Sq Ft
- $690
Utilities
- Electricity Available
- Water Source
- MUD
- Sewer
- Septic Tank
Transaction History
2 records on file
Every recorded listing, sale, and lease at 4701 Peace Pipe PATH, whoever represented it.
- SoldMay 23, 2025Listed at: $1,525,000MLS 6193167
- LeasedJuly 10, 2023Asking rent: $4,650/moMLS 2216277
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
- $1,525,000
- Original list
- $1,525,000
- Price movement
- No verified reduction
- Listed / DOM
- Mar 24, 2025
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,407,364
- Assessment Year
- 2025
- Year Built
- 1981
- Parcel ID
- 000000438470
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-19.7% | — | $1,407,364 | — | — |
2024+11.5% | — | $1,751,611 | $1,200,000 | $244,020 |
2023+45.4% | — | $1,570,866 | $1,200,000 | $551,611 |
2022+13.5% | — | $1,080,128 | $1,200,000 | $370,866 |
2021 | — | $951,916 | $675,000 | $405,128 |
Virtual Tour
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% ($305K)
Adjustable assumption - not a lending recommendation.
$1,525,000
Luxury property intelligence
Keenan Market Position
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$1,525,000
Price per sqft
$690/sqft
Vs. Neighborhood guide reference price
-21.1%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$1.5M original
Active inventory context
117 listings
Price Position in Westlake Hills
Listed 21% 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 Jun 5, 2026.
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Westlake Hills Neighborhood Guide
Lifestyle, schools, market context, and homes in Westlake Hills
Westlake Hills Homes for Sale
Active listings and buyer search context in Westlake Hills
78746 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Eanes ISD Schools
District guide, nearby schools, and homes by attendance area
Austin Home Valuation
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Seller Resources
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Keenan Group Results
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