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4 bed, 3 bath, 3,249 sqft on 0.76 acres in Westlake Hills. West Lake Hills, TX 78746. Last listed at $2,195,000, sold August 24, 2026. Eanes ISD.
About This Home
A Quiet Retreat in West Lake Hills
Positioned on a secluded 0.76-acre homesite in prestigious West Lake Hills, this thoughtfully reimagined residence blends contemporary design with the natural beauty of the Texas Hill Country. Offering 4 bedrooms, 3.5 bathrooms, and 3,249 square feet, the home is oriented to capture expansive canyon views while creating a seamless connection between its sophisticated interiors and inviting outdoor spaces.
Floor-to-ceiling windows, warm natural finishes, and clean architectural lines are complemented by multiple terraces, a resort-inspired lap pool, and thoughtfully curated native landscaping anchored by mature oaks. Together, they create a rare sense of quiet, privacy, and solitude, where the home's refined interiors and outdoor living spaces feel effortlessly connected to the surrounding canyon landscape.
Located just minutes from downtown Austin and within acclaimed Eanes ISD, 509 Terrace Mountain Drive offers a unique opportunity to experience one of West Lake Hills' most coveted settings.
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
- 1970
- Lot Size
- 0.76 acres
- Price / Sq Ft
- $676
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated August 21, 2026.
Listed by Compass RE Texas, LLC
MLS# 2290810 • 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
- Ceiling Fan(s)
- Quartz Counters
- Stone Counters
- Eat-in Kitchen
- Kitchen Island
- Open Floorplan
- Soaking Tub
- Walk-In Closet(s)
- Built-In Refrigerator
- Cooktop
- Dishwasher
- Disposal
- Washer
- Dryer
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Balcony
- Private Yard
- Stucco
- Landscaped
- Native Plants
- Private
- Trees-Heavy
- Slab
- Covered
- Front Porch
- Side Porch
- Roof
- Metal
- Lot Size
- 0.76 Acres
- Driveway
- Garage
- Garage Spaces
- 2
- Pool
- Yes
Financial
- Original List Price
- $2,195,000
- Price per Sq Ft
- $676
Utilities
- Natural Gas Available
- Underground Utilities
- Water Available
- Sewer
- See Remarks,Septic Tank
Transaction History
3 records on file
Every recorded listing, sale, and lease at 509 Terrace Mountain DR, whoever represented it.
- SoldAugust 24, 2026MLS 2290810
- WithdrawnListed 2001Current price: $595,000Original list: $595,000MLS 573105
- WithdrawnListed 2000Current price: $695,000Original list: $695,000MLS 563208
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
- $2,195,000
- Original list
- $2,195,000
- Price movement
- No verified reduction
- Listed / DOM
- Aug 7, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $2,477,508
- Assessment Year
- 2025
- Year Built
- 1970
- Parcel ID
- 000000119855
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+3.0% | — | $2,477,508 | — | — |
2024-5.9% | — | $2,404,727 | $920,000 | $1,354,809 |
2023+73.8% | — | $2,555,285 | $920,000 | $1,484,727 |
2022 | — | $1,470,527 | $920,000 | $1,635,285 |
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% ($439K)
Adjustable assumption - not a lending recommendation.
$2,195,000
Luxury property intelligence
Keenan Market Position
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$2,195,000
Price per sqft
$676/sqft
Vs. Neighborhood guide reference price
+13.6%
$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 14% above the Westlake Hills neighborhood guide reference price. Westlake Hills neighborhood guide · reference price.
Source: Public records and Keenan Group review as of Oct 15, 2026.
Request Private Market AnalysisConnect 509 Terrace Mountain Dr to the Austin Market
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
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Austin Home Valuation
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