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— bed, — bath on 0.11 acres in Westlake Hills. West Lake Hills, TX 78746. Last listed at $460,000, sold November 27, 2024.
About This Home
Amazing and rare opportunity to own a commercial office in the heart of Westlake with 3 private offices, a conference room (that could be converted back to a 4th office), a reception area, bathroom and kitchenette with under counter tankless hot water heater and mini fridge. Westland Office Park is a well-known commercial complex that lies adjacent to Westlake Hospital & Medical Center and across Bee Caves Road from The Village at Westlake with easy access to Loop 360/Capital of Texas Highway and only 12 minutes to downtown Austin. This is a first floor unit and has just received a complete update with new paint throughout, updated light fixtures, custom cabinetry with new countertops, sinks and faucets as well as new tankless hot water heater and mini-fridge. Interior features hardwood tile throughout and Texas limestone walls on each end that have been updated with a stone slurry finish. Plentiful parking. HOA dues include water and garbage pickup for $279/mo. Water is provided by Travis County Water Control & Improvement District #10 (notice attached). Owner agent. Square footage per Floor Plan Graphics. These units NEVER come on MLS!
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
- Commercial Sale
- Year Built
- 1975
- Lot Size
- 0.11 acres
Listing information last updated May 15, 2025.
Listed by Compass RE Texas, LLC
MLS# 7273009 • 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
- Tile
- Heating
- Ceiling,Central,Electric,Hot Water
- Cooling
- Ceiling Fan(s),Central Air,Electric
Exterior & Lot
- Frame
- Hardi
- Plank Type
- Stone
- Slab
- Lot Size
- 0.11 Acres
- Asphalt
- Common
- Parking Lot
Financial
- Original List Price
- $495,000
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source
- Public,See Remarks
- Sewer
- Public Sewer
Transaction History
2 records on file
Every recorded listing, sale, and lease at 5524 Bee Caves RD, whoever represented it.
- SoldNovember 27, 2024Listed at: $495,000MLS 7273009
- WithdrawnListed date not recordedCurrent price: $2,500Original list: $2,600MLS 4701210
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
- $460,000
- Original list
- $495,000
- Price movement
- $35K reduction
- Listed / DOM
- May 8, 2024
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $308,033
- Assessment Year
- 2025
- Year Built
- 1975
- Parcel ID
- 000000115141
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+6.6% | — | $308,033 | $126,089 | $181,944 |
2024+7.5% | — | $289,000 | $126,089 | $148,638 |
2023+0.0% | — | $268,800 | $126,089 | $162,911 |
2022+4.0% | — | $268,800 | $126,089 | $142,711 |
2021 | — | $258,524 | $126,089 | $142,711 |
Virtual Tour
District Schools Nearby
Westlake High School
Hill Country Middle School
West Ridge Middle School
Barton Creek Elementary
Bridge Point Elementary
Eanes Elementary
District context schools are shown because address-level assigned school fields are not available for this property. 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% ($92K)
Adjustable assumption - not a lending recommendation.
$460,000
Luxury property intelligence
Keenan Market Position
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$460,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
-76.2%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$35K reduction
$495K original
Active inventory context
117 listings
Price Position in Westlake Hills
Listed 76% 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 Apr 25, 2026.
Request Private Market AnalysisConnect 5524 Bee Caves Rd 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
District guide, nearby schools, and homes by attendance area
Austin Home Valuation
Private Austin CMA, TCAD context, and pricing strategy
Seller Resources
Pricing, prep, launch timing, and Compass marketing strategy
Keenan Group Results
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