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4 bed, 4 bath, 3,359 sqft on 1.59 acres in Westlake Hills. Austin, TX 78746. Last listed at $599,000, sold November 30, 2012. Eanes ISD.
About This Home
Location, location, location! Stunning Hill Country views and a very private back yard-yet only minutes to shopping, schools & downtown. A property for someone who wants something a little different. Fresh paint. Completely rebuilt 10 yrs ago. Gorgeous European style kitchen open to the dining area and great room. Huge master w/ deck access. Large pool w/ expansive decks for entertaining. Exemplary rated EANES ISD. Owner/Agent.Restrictions: Yes
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
- 1972
- Lot Size
- 1.59 acres
- Price / Sq Ft
- $178
- Garage
- 3 spaces
- Pool
- Yes
Listing information last updated October 20, 2021.
Listed by Goldwasser Real Estate
MLS# 2846517 • 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
- Cathedral Ceiling(s)
- Vaulted Ceiling(s)
- Entrance Foyer
- Interior Steps
- Multiple Dining Areas
- Multiple Living Areas
- Pantry
- Primary Bedroom on Main
- Walk-In Closet(s)
- Wired for Sound
- Built-In Oven(s)
- Convection Oven
- Dishwasher
- Disposal
- Dryer
- Microwave
- Oven
- Self Cleaning Oven
- Water Heater
- Marble
- Tile
- Wood
- Heating
- Central,Natural Gas
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Dog Run
- Exterior Steps
- Gutters Full
- Private Yard
- RV Hookup
- Frame
- Hardi
- Plank Type
- Stone
- Sloped Down
- Many Trees
- Trees-Medium (20 Ft - 40 Ft)
- Partial
- Wood
- Slab
- Covered
- Deck
- Patio
- Porch
- Roof
- Metal
- Lot Size
- 1.59 Acres
- Attached
- Door-Multi
- Garage Door Opener
- Garage Faces Rear
- Off Street
- Garage Spaces
- 3
- Pool
- Yes
- Stream
- View
- Hill Country
Financial
- Original List Price
- $750,000
- Price per Sq Ft
- $178
Utilities
- Electricity Available
- Natural Gas Available
- Phone Available
- Underground Utilities
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 704 Knollwood DR, whoever represented it.
- SoldNovember 30, 2012Listed at: $750,000MLS 2846517
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
- $599,000
- Original list
- $750,000
- Price movement
- $151K reduction
- Listed / DOM
- Jun 28, 2012
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,529,665
- Assessment Year
- 2025
- Year Built
- 1972
- Parcel ID
- 000000115335
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-5.9% | — | $1,529,665 | — | — |
2024+33.0% | — | $1,626,010 | $630,000 | $1,064,109 |
2023+69.6% | — | $1,222,605 | $630,000 | $996,010 |
2022 | — | $720,800 | $630,000 | $592,605 |
Virtual Tour
Zoned Schools
Westlake
West Ridge
Forest Trail
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% ($120K)
Adjustable assumption - not a lending recommendation.
$599,000
Luxury property intelligence
Keenan Market Position
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$599,000
Price per sqft
$178/sqft
Vs. Neighborhood guide reference price
-69.0%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$151K reduction
$750K original
Active inventory context
117 listings
Price Position in Westlake Hills
Listed 69% 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.
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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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