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— bed, — bath on 3.78 acres in Westlake Hills. West Lake Hills, TX 78746. $2,980,000. Eanes ISD.
BIG price reduction 6/12/23. Beloved UT biology professor Dr. Robert Barth passed away in September, 2022 at the age of 88. His gorgeous property in West Lake Hills, which he purchased in the late 1960s, showcases 3.78 acres of rustic land with a drop-dead view of downtown Austin (which, 50 years ago, was nothing like the glistening cityscape of today!). Hill Country to the max, the acreage features many stately oaks and junipers on a variety of terrains, including limestone cliffs above Oracle Gorge and Bee Creek with a ridgeline trail running between them the length of the property. Approximately 300 feet of frontage on Terrace Mountain Drive. The Leon Chandler-designed house, vintage 1970, and above-ground swimming pool, are not valued for improvements. (Those improvements, however, include a huge, fully functional greenhouse that recently housed Dr. Barth's Oracle Gorge Nursery world-class collection of cacti and succulents, which will soon be on permanent display at Zilker Botanical Gardens in Austin). Not only does the property afford ample space for a multi-storied home on the higher, western portion, but also a smaller dwelling, such as a grandparents' home. To fully appreciate this once-in-a-lifetime building opportunity, please watch the video at www.602Video.com, then come out to see--and walk--this lovely property. There is nothing on the market that compares to 602! Tree and topo survey available. Video by Bret Whitney.
Verified property facts
602 Terrace Mountain DR is listed at $2,980,000 with 0 bedrooms, 3.78-acre lot. This places it above the ZIP 78746 single-family closed-sale median price of $2,100,000 (ZIP 78746 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 25, 2026).
602 Terrace Mountain DR is zoned for Eanes ISD with assigned schools: Eanes (elementary), Hill Country (middle), Westlake (high). School assignments should be verified directly with the district.
602 Terrace Mountain DR is listed by Moreland Properties. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Mar 25, 2026.
The most recent annual property tax for 602 Terrace Mountain DR is $26,352. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
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3 records on file
Every recorded listing, sale, and lease at 602 Terrace Mountain DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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 |
|---|---|---|---|---|
2025-27.9% | — | $1,832,380 | — | — |
2024+6.3% | — | $2,542,131 | $1,800,000 | $376,539 |
2023+65.3% | — | $2,391,434 | $1,800,000 | $742,131 |
2022 | — | $1,446,921 | $1,800,000 | $591,434 |
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% ($596K)
Adjustable assumption - not a lending recommendation.
$2,980,000
Luxury property intelligence
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$2,980,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
+26.8%
$2.4M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$1M reduction
$4M original
Active inventory context
17 listings
Price Position in Westlake Hills
Listed 27% 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 Mar 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 602 Terrace Mountain DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Mar 25, 2026, 602 Terrace Mountain DR is offered at $2,980,000. The current MLS snapshot shows 94 active listings in 78746. Keenan Group has completed 32 verified transactions in 78746 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Westlake Hills guide for current neighborhood analysis.
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)
5 events on record
Current Price
$2,980,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-27.9% | — | $1,832,380 | — | — |
2024+6.3% | — | $2,542,131 | $1,800,000 | $376,539 |
2023+65.3% | — | $2,391,434 | $1,800,000 | $742,131 |
2022 | — | $1,446,921 | $1,800,000 | $591,434 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Sold Price |
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| 403 Graciosa CV | $4.10M |
| 5620 Clarion CV | $2.52M |
| 218 Buckeye Trl | $1.75M |
| 409 Vale St | $2.38M |
| 403 Graciosa Cv | $2.33M |
| 2001 Cueva De Oro CV | $3.26M |
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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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