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Austin ETJ & no HOA. Beautiful canyon, hill country, and/or downtown Austin views can be enjoyed from the open and bright living areas and ipe pool deck. Some of Austin’s most exclusive multi-million dollar properties surround you along with sounds of nature and an entrance to the Wild Basin Preserve within walking distance. The extremely flexible floorplan allows for multi-generational living with two owner suites, multiple living areas, and plenty of outdoor spaces for al fresco dining underneath a terrace, kicking around a soccer ball on flat grassy areas, or roasting marshmallows around the natural fire pit. The laid back contemporary style is welcoming and warm, and the current owners have updated in a chic fashion including the owner suite with fireplace, reimagined bathroom with steam shower, and boutique-style closet. While it will be a perfect match for many, some may want to explore tweaking the property to take advantage of even more expansive downtown views at some point in time. Many updates to the open and bright kitchen include upgraded appliances, a wine refrigerator, and a built-in coffee maker. The recent addition of an 8+ vehicle car barn with oversized garage doors large enough to store boats, RVs, and/or lifts for additional car storage. This structure also houses an office and gym with the potential to add 1-2 BDRMs and a bathroom, with upgraded septic to accommodate. Exemplary Eanes ISD and only ~10 minutes to downtown Austin. This hidden gem oozes with a cool Austin vibe that's innocuous and understated from the outside, but unique and energetic on the inside.
Property Type
Residential
Year Built
1979
Lot Size
1.40 acres
$/Sq Ft
$515
Garage
8 spaces
Pool
Yes
Listed by Compass RE Texas, LLC
Verified property facts
5419 Petticoat LN is listed at $3,246,000 with 5 bedrooms, 4 full, 1 half bathrooms, 6,300 square feet, 1.40-acre lot. This places it above the 78746 median of $2,050,000.
5419 Petticoat LN is zoned for Eanes ISD with assigned schools: Bridge Point (10/10) (elementary), Hill Country (9/10) (middle), Westlake (9/10) (high). School assignments should be verified directly with the district.
5419 Petticoat LN is in Westlake Hills, Austin, Texas. See the full [Westlake Hills neighborhood guide](/neighborhoods/westlake-hills-austin) for market data, schools, and lifestyle details.
5419 Petticoat LN is a Residential built in 1979 featuring 5 bedrooms, 4 full, 1 half bathrooms, 6,300 square feet, 1.40-acre lot.
5419 Petticoat LN is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+82.2% | — | $6,281,754 | — | — |
2024+10.0% | — | $3,448,500 | $1,250,000 | $3,291,257 |
2023+3.0% | — | $3,135,000 | $1,250,000 | $3,326,410 |
2022 | — | $3,044,918 | $1,250,000 | $1,885,000 |
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. Ratings from GreatSchools.org.
20% ($649K)
$3,246,000
Luxury property intelligence
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$3,246,000
Price per sqft
$515/sqft
Vs. Westlake Hills median
+38.1%
$2.4M median
Days on market
1,962 days
Original to current
No verified reduction
$3M original
Active inventory context
17 listings
Price Position in Westlake Hills
Listed 38% above the Westlake Hills median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 3, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Westlake Hills
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
5419 Petticoat LN is priced at $515 per square foot across 6,300 sqft. The Westlake Hills median list price is $2,351,000.
With 20% down ($649,200) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5419 Petticoat LN is around $22,794 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $3,246,000, 5419 Petticoat LN is in the Westlake Hills market where there are currently 113 active listings in 78746. The Keenan Group has completed 19 transactions in 78746 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Westlake Hills guide](/neighborhoods/westlake-hills-austin).
5419 Petticoat LN was built in 1979 (47 years ago). Buyers should budget for potential updates to major systems.
5419 Petticoat LN includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
5419 Petticoat LN sits on a 1.40-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Westlake Hills is one of Austin's established neighborhoods, zoned for Eanes ISD in the 78746 area. The Keenan Group has specialized in Westlake Hills real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
7 events on record
Current Price
$2,988,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+82.2% | — | $6,281,754 | — | — |
2024+10.0% | — | $3,448,500 | $1,250,000 | $3,291,257 |
2023+3.0% | — | $3,135,000 | $1,250,000 | $3,326,410 |
2022 | — | $3,044,918 | $1,250,000 | $1,885,000 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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Neighborhood guide and local insights
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.
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