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— bed, — bath on 3.78 acres in Westlake Hills. West Lake Hills, TX 78746. Last listed at $2,980,000, sold September 20, 2023. Eanes ISD.
About This Home
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.
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
- Land
- Lot Size
- 3.78 acres
Listing information last updated September 20, 2023.
Listed by Moreland Properties
MLS# 6572408 • 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
Exterior & Lot
- Gentle Sloping
- Many Trees
- Trees-Medium (20 Ft - 40 Ft)
- Lot Size
- 3.78 Acres
Financial
- Original List Price
- $3,980,000
Utilities
- Electricity Connected
- High Speed Internet
- Natural Gas Not Available
- Phone Connected
- Sewer Not Available
- Water Connected
- Water Source
- MUD
- Sewer
- Septic Needed
Transaction History
3 records on file
Every recorded listing, sale, and lease at 602 Terrace Mountain DR, whoever represented it.
- SoldApril 21, 2025Listed at: $2,995,000MLS 1824372
- WithdrawnListed 2024Current price: $3,800,000Original list: $3,800,000MLS 5841395
- SoldSeptember 20, 2023Listed at: $3,980,000MLS 6572408
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
- $2,980,000
- Original list
- $3,980,000
- Price movement
- $1M reduction
- Listed / DOM
- Apr 21, 2023
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,832,380
- Assessment Year
- 2025
- Parcel ID
- 000000119875
| 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 |
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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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($596K)
Adjustable assumption - not a lending recommendation.
$2,980,000
Luxury property intelligence
Keenan Market Position
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
+54.2%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$1M reduction
$4M original
Active inventory context
117 listings
Price Position in Westlake Hills
Listed 54% 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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Westlake Hills Neighborhood Guide
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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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