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5 bed, 5 bath, 5,505 sqft on 2.80 acres in Westlake Hills. Austin, TX 78746. Last listed at $4,000,000, sold May 3, 2021. Eanes ISD.
About This Home
This one-of-a-kind estate, minutes to downtown Austin, is the perfect retreat. Whether you want to unwind or entertain, the generous outdoor living area offers serenity and privacy. Located in the nationally ranked Eanes Independent School District. The expansive, open concept room with walls of glass and 20' ceilings provides an idyllic place to either entertain or unwind. Prepare amazing meals in the chef’s dream kitchen, featuring Subzero refrigerator & built-in drawers, Bertazonni gas range, and so much more. Enjoy the incredible downtown Austin skyline views not only from the great room but also from the upper deck. David Webber Studio (leading Austin design studio) designed a stunning modern renovation of the stairwell and lower floor level in 2019. Sleek and practical design offering a separate living space with 4 bedrooms, 4 bathrooms, living room, laundry room and kitchen. Enjoy outdoor living and fun: pool, sport court and batting cage!!! For a nominal amount, enjoy all that the Westlake Oaks Homeowner's Association has to offer. The multi-acre common area is connected to the property. Take a leisurely stroll down the trail to the horse stables, tennis courts, hiking trails, open field space and serene pond.
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
- 1994
- Lot Size
- 2.80 acres
- Price / Sq Ft
- $727
- HOA
- $575/year
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated May 5, 2021.
Listed by Compass RE Texas, LLC
MLS# 1675485 • 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
- Cedar Closet(s)
- Beamed Ceilings
- High Ceilings
- Vaulted Ceiling(s)
- Entrance Foyer
- Interior Steps
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Primary Bedroom on Main
- Walk-In Closet(s)
- Built-In Oven(s)
- Dishwasher
- Disposal
- Gas Cooktop
- Water Heater
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 2
Exterior & Lot
- Exterior Steps
- Private Yard
- Frame
- Masonry – All Sides
- Stone
- Stone Veneer
- Sprinkler - Automatic
- Trees-Large (Over 40 Ft)
- Trees-Medium (20 Ft - 40 Ft)
- Slab
- Covered
- Deck
- Patio
- Roof
- Metal
- Lot Size
- 2.80 Acres
- Detached
- Garage Door Opener
- Garage Spaces
- 2
- Pool
- Yes
Financial
- HOA Fee
- $575 / year
- Original List Price
- $4,000,000
- Price per Sq Ft
- $727
Utilities
- Electricity Available
- Natural Gas Available
- Water Source
- MUD
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 56 Sundown PKWY, whoever represented it.
- SoldMay 3, 2021Listed at: $4,000,000MLS 1675485
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
- $4,000,000
- Original list
- $4,000,000
- Price movement
- No verified reduction
- Listed / DOM
- Mar 8, 2021
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $3,768,234
- Assessment Year
- 2025
- Year Built
- 1994
- Parcel ID
- 000000113499
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+11.6% | — | $3,768,234 | — | — |
2024-10.0% | — | $3,375,046 | $2,362,500 | $1,596,984 |
2023+36.0% | — | $3,750,000 | $1,800,000 | $1,575,046 |
2022 | — | $2,756,800 | $1,800,000 | $1,950,000 |
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 and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-06-03T01:30:06.549377+00:00; normalized from annual dues.
Illustrative down payment
20% ($800K)
Adjustable assumption - not a lending recommendation.
Home price
$4,000,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$4,000,000
Price per sqft
$727/sqft
Vs. Neighborhood guide reference price
+113.3%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$4M original
Active inventory context
112 listings
Price Position in Westlake Hills
Listed 113% 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 3, 2026.
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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
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Seller Resources
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