5 bed, 3 bath, 3,306 sqft on 0.14 acres in Westlake Hills. Austin, TX 78746. $1,275,000. Eanes ISD.
About This Home
Experience the ultimate Austin lifestyle in this beautifully appointed 5-bedroom, 3-bathroom home in the highly desirable Davenport Ranch neighborhood. Designed with an open and airy floor plan, the home invites you in with two distinct living spaces perfectly suited for hosting friends or cozying up with family. On the main level, the primary suite is a true retreat, offering peaceful views of the private patio just outside. A flexible fifth bedroom on the first floor easily adapts to your needs—whether that’s a dedicated home office, a gym, or a quiet library. For those who love to entertain, the tucked-away wine storage room is a fantastic surprise. Step out to the secluded back patio, your new favorite spot for morning coffee or evening gatherings under the Texas sky. With three additional bedrooms upstairs, there is abundant space for everyone. Paired with zoning to the acclaimed Eanes ISD and a location just minutes from the Austin Country Club, this home is the perfect blend of luxury, comfort, and convenience.
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
- 1997
- Lot Size
- 0.14 acres
- Price / Sq Ft
- $386
- HOA
- $1,010/year
- Garage
- 2 spaces
Listing information last updated September 20, 2026.
Listed by Compass RE Texas, LLC
MLS# 3537914 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bookcases
- Ceiling-High
- Granite Counters
- Quartz Counters
- Crown Molding
- Double Vanity
- Entrance Foyer
- Interior Steps
- Kitchen Island
- Multiple Living Areas
- Open Floorplan
- Primary Bedroom on Main
- Recessed Lighting
- Walk-In Closet(s)
- Built-In Oven(s)
- Cooktop
- Dishwasher
- Carpet
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Exterior Steps
- Private Yard
- Masonry – All Sides
- Cul-De-Sac
- Sprinkler - Automatic
- Trees-Small (Under 20 Ft)
- Privacy
- Slab
- Patio
- Roof
- Composition
- Lot Size
- 0.14 Acres
- Attached
- Garage Spaces
- 2
Financial
- HOA Fee
- $1,010 / year
- Original List Price
- $1,275,000
- Price per Sq Ft
- $386
Utilities
- Electricity Connected
- Natural Gas Connected
- Phone Available
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
3 records on file
Every recorded listing, sale, and lease at 5903 Cane Pace, whoever represented it.
- ActiveListed 2026Current price: $1,275,000Original list: $1,275,000MLS 3537914
- Listed · September 13, 2026$1,275,000
- ExpiredListed 2025Current price: $1,275,000Original list: $1,395,000MLS 7878928
- SoldMarch 31, 2021Listed at: $1,025,000MLS 3790996
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
Listed with current price, original ask, and market time.
- Current list
- $1,275,000
- Original list
- $1,275,000
- Price movement
- No verified reduction
- Listed / DOM
- Sep 13, 2026 · 34 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,505,636
- Assessment Year
- 2025
- Year Built
- 1997
- Parcel ID
- 000000126713
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-15.2% | — | $1,505,636 | — | — |
2024+25.6% | — | $1,774,857 | $850,000 | $584,540 |
2023+35.3% | — | $1,412,938 | $637,500 | $1,137,357 |
2022 | — | $1,044,049 | $637,500 | $775,438 |
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Zoned Schools
Westlake
Hill Country
Bridge Point
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 2026-10-15T23:07:20.571+00:00; normalized from annual dues.
20% ($255K)
Adjustable assumption - not a lending recommendation.
$1,275,000
Luxury property intelligence
Keenan Market Position
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$1,275,000
Price per sqft
$386/sqft
Vs. Neighborhood guide reference price
-34.0%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
34 days
Original to current
No verified reduction
$1.3M original
Active inventory context
116 listings
Price Position in Westlake Hills
Listed 34% 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 Oct 15, 2026.
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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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Austin Home Valuation
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