4 bed, 4 bath, 3,723 sqft on 0.59 acres in Westlake Hills. West Lake Hills, TX 78746. $2,575,000. Eanes ISD.
About This Home
This custom West Lake Hills sanctuary is the perfect combination of privacy, ideal location, thoughtful modern design, and connection to its natural surroundings. No more than 15 minutes from most anywhere you’ll need to go (including downtown Austin). From every space you’re immersed in abundant nature and intentional views of the day and night skies. The open plan, multiple outdoor decks and canyon views invite owners and guests to join and relax in a bright, calming and serene setting. The oversized kitchen island serves as the centerpiece of the main level featuring a stunning quartz waterfall design, tons of counter space for cooking and casual dining, and endless storage space below. Enjoy cool, polished concrete floors on the main level. Upstairs, wide-plank white oak floors complete a whole-house carpet-free environment. Trusted Wolf/SubZero and Bosch appliances. Energy efficient spray foam insulation, aluminum clad wood windows and tankless water heater. The property offers 2 locations where a pool can potentially be added (Buyer and their agent to do their own due diligence regarding pool permitting and installation). The central vacuum and PCS lighting system add to the conveniences designed into the home. All combined to create a space where everyone feels at home.
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
- 2017
- Lot Size
- 0.59 acres
- Price / Sq Ft
- $692
- Garage
- 3 spaces
Listing information last updated October 11, 2026.
Listed by Compass RE Texas, LLC
MLS# 7954928 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Ceiling Fan(s)
- Ceiling-High
- Central Vacuum
- Chandelier
- Granite Counters
- Quartz Counters
- Double Vanity
- Eat-in Kitchen
- Entrance Foyer
- High Speed Internet
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Open Floorplan
- Primary Bedroom on Main
- Recessed Lighting
- Smart Home
- Smart Thermostat
- Soaking Tub
- Study
- Home Office
- Walk-In Closet(s)
- Built-In Oven(s)
- Built-In Refrigerator
- Dishwasher
- Gas Range
- Double Oven
- RNGHD
- Stainless Steel Appliance(s)
- Vented Exhaust Fan
- Tankless Water Heater
- Concrete
- No Carpet
- Tile
- Wood
- Heating
- Central,Fireplace(s)
- Cooling
- Ceiling Fan(s),Central Air
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Private Yard
- Masonry – All Sides
- Stone
- Stucco
- Back Yard
- Corner Lot
- Front Yard
- Landscaped
- Views
- Slab
- Covered
- Deck
- Patio
- Lot Size
- 0.59 Acres
- Additional Parking
- Attached
- Concrete
- Driveway
- Garage
- Garage Door Opener
- Garage Faces Side
- Lighted
- Garage Spaces
- 3
Financial
- Original List Price
- $2,750,000
- Price per Sq Ft
- $692
Utilities
- Cable Available
- Electricity Connected
- High Speed Internet
- Propane
- Water Connected
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
4 records on file
Every recorded listing, sale, and lease at 500 Laurel Valley RD, whoever represented it.
- ActiveListed 2026Current price: $2,575,000Original list: $2,750,000MLS 7954928
- Listed · July 3, 2026$2,750,000
- Price changed · August 11, 2026$2,650,000
- Price changed · October 9, 2026$2,575,000
- LeasedOctober 9, 2025Asking rent: $10,500/moMLS 9690231
- ExpiredListed 2025Current price: $2,850,000Original list: $3,250,000MLS 9631848
- WithdrawnListed 2024Current price: $3,500,000Original list: $3,500,000MLS 5885459
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
Price Change with current price, original ask, and market time.
- Current list
- $2,575,000
- Original list
- $2,750,000
- Price movement
- $175K reduction
- Listed / DOM
- Jul 3, 2026 · 104 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $3,678,500
- Assessment Year
- 2025
- Year Built
- 2016
- Parcel ID
- 000000114935
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+27.0% | — | $3,678,500 | — | — |
2024-21.5% | — | $2,897,570 | $968,000 | $1,784,771 |
2023+83.3% | — | $3,690,998 | $968,000 | $1,929,570 |
2022+7.9% | — | $2,013,300 | $968,000 | $2,722,998 |
2021 | — | $1,866,000 | $544,500 | $1,468,800 |
Virtual Tour
Zoned Schools
Westlake
Hill Country
Eanes
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% ($515K)
Adjustable assumption - not a lending recommendation.
$2,575,000
Luxury property intelligence
Keenan Market Position
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$2,575,000
Price per sqft
$692/sqft
Vs. Neighborhood guide reference price
+33.2%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
104 days
Original to current
$175K reduction
$2.8M original
Active inventory context
117 listings
Price Position in Westlake Hills
Listed 33% above 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
Lifestyle, schools, market context, and homes in Westlake Hills
Westlake Hills Homes for Sale
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78746 ZIP Guide
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Eanes ISD Schools
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Austin Home Valuation
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