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3 bed, 2 bath, 2,630 sqft on 0.92 acres in Westlake Hills. West Lake Hills, TX 78746. Last listed at $2,150,000, sold April 28, 2026. Eanes ISD.
About This Home
Dick Clark design with influence from Mexican architect Legoretta featured on 2001 AIA Tour of Homes. Published in numerous magazines & received national recognition for its stunning architecture. Steel framed construction, 5 Star Highest Green Rating by Austin's nationally acclaimed Green Builder program; Features include: lifetime metal roof, new landscaping, downtown view, open floor plan, European light fixtures, double pane commercial windows, recently updated all dimmers and controllers with state of the art technology, cascading waterfall run with rainwater collection cistern, sustainably harvested oak flooring, solar shades, chef's kitchen, recent pool tile & plaster, Viking fence, concrete paver driveway, no HOA, meticulously maintained home.
Featured on the 2001 AIA Tour of Homes, 501 Westlake Dr is one of the most architecturally distinct single-family residences currently available in West Lake Hills. At 501 Westlake Dr in Westlake Hills, buyers are getting 2,630 square feet on a rare 0.921-acre lot for $2.15 million, or $817 per square foot, with a pool, 3 bedrooms, 2 full baths, 1 half bath, and a 2-car garage.
This is not standard Westlake housing stock. Built in 2000, the home reflects Dick Clark design with clear Legorreta influence, and that design pedigree still matters in a market where truly memorable houses are limited. The steel-framed construction adds substance behind the architecture. The property also earned a 5-star highest green rating through Austin's Green Builder program, which gives buyers something concrete to point to beyond style alone. A lifetime metal roof, double-pane commercial windows, solar shades, sustainably harvested oak flooring, and a rainwater collection cistern show that the house was planned with long-term performance in mind, not just presentation.
The setting works for buyers who want land and access. Westlake Hills sits in one of the most established pockets of West Lake Hills, with direct routes along Westlake Drive and quick connections to Bee Caves Road and Loop 360. Downtown Austin is close enough for regular office or dinner runs, but the home still feels removed from the pace of central neighborhoods. A downtown view adds to that advantage. The recent landscaping, concrete paver driveway, updated lighting controls, refreshed pool tile and plaster, and careful maintenance mean the next owner is stepping into a property that has already been kept to a high standard.
For families focused on schools, the address feeds to Eanes ISD, one of the main reasons buyers compete for West Lake Hills real estate in the first place. The assigned campuses are Eanes Elementary, Hill Country Middle School, and Westlake High School. That school path remains one of the strongest location signals in the Austin luxury market. The lack of an HOA is another practical plus in a part of town where flexibility can matter.
What is it like to live here? It is a design-forward home with real privacy, real land, and real access to the city, set in a West Lake Hills neighborhood that continues to hold value because the fundamentals stay strong. For a buyer who wants architecture people remember and a location the market keeps rewarding, 501 Westlake Dr has staying power.
The numbers behind this insight
Westlake Hills market
- Homes sold
- 347
- Median sale price
- $1,933,000
- Median price per sq ft
- $550
- Median days on market
- 46
- Homes for sale now
- 117
- Months of supply
- 4.0
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
- 2000
- Lot Size
- 0.92 acres
- Price / Sq Ft
- $817
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated April 28, 2026.
Listed by Friedmann Parks Realty
MLS# 3908847 • 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
- Bookcases
- Breakfast Bar
- Ceiling-High
- Dumbwaiter
- Interior Steps
- Walk-In Closet(s)
- Built-In Oven(s)
- Convection Oven
- Dishwasher
- Disposal
- Instant Hot Water
- Microwave
- Double Oven
- Refrigerator
- Stainless Steel Appliance(s)
- Tankless Water Heater
- Wine Refrigerator
- Tile
- Wood
- Heating
- Central,Natural Gas
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Exterior Steps
- Gutters Full
- Private Yard
- Stucco
- Sprinkler - Automatic
- Many Trees
- Trees-Medium (20 Ft - 40 Ft)
- Waterfall
- Fenced
- Slab
- Deck
- Roof
- Metal
- Lot Size
- 0.92 Acres
- Attached
- Door-Single
- Garage Spaces
- 2
- Pool
- Yes
Financial
- Original List Price
- $2,150,000
- Price per Sq Ft
- $817
Utilities
- Electricity Available
- Natural Gas Available
- Water Source
- MUD
- Sewer
- Public Sewer,See Remarks
Transaction History
3 records on file
Every recorded listing, sale, and lease at 501 Westlake DR, whoever represented it.
- SoldApril 28, 2026Listed at: $2,150,000MLS 3908847
- WithdrawnListed 2018Current price: $1,649,000Original list: $1,795,000MLS 8378275
- WithdrawnListed 2013Current price: $7,500Original list: $7,500MLS 7569019
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
Pending with current price, original ask, and market time.
- Current list
- $2,150,000
- Original list
- $2,150,000
- Price movement
- No verified reduction
- Listed / DOM
- Mar 2, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $3,044,000
- Assessment Year
- 2025
- Year Built
- 2000
- Parcel ID
- 000000113331
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+21.4% | — | $3,044,000 | — | — |
2024-12.5% | — | $2,506,932 | $1,200,000 | $1,176,862 |
2023+57.0% | — | $2,864,035 | $1,200,000 | $1,306,932 |
2022 | — | $1,824,200 | $1,200,000 | $1,664,035 |
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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% ($430K)
Adjustable assumption - not a lending recommendation.
$2,150,000
Luxury property intelligence
Keenan Market Position
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$2,150,000
Price per sqft
$817/sqft
Vs. Neighborhood guide reference price
+11.2%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$2.2M original
Active inventory context
117 listings
Price Position in Westlake Hills
Listed 11% 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 Jun 5, 2026.
Request Private Market AnalysisConnect 501 Westlake Dr to the Austin Market
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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