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A true work of art in Westlake’s best-kept secret – Las Lomas. Renowned architect Michael Hsu’s touches are designed into every detail of this singular residence – natural materials utilized to perfection. Just yards behind the much-hyped streets of Rollingwood, Las Lomas enjoys rare large lots, great views and privacy, and a low tax rate. 705 Las Lomas epitomizes a comfortable, modern style combining warmth & livability, carefully created to cascade down the lot, highlighting the spectacular views. The luxurious courtyard anchors the pool, spa, firepit, movie screen, and built-in outdoor seating to create indelible memories. The pool is deep enough for diving, the covered outdoor dining can seat at least a dozen, and the adjacent fully appointed casita doubles as a party space before or after the sun dies down. The main home contains 5 bedrooms, 5-1/2 baths white oak floors throughout, a custom steel staircase, exposed concrete walls downstairs, 2 offices, a climate-controlled wine room, and a separate, perfectly placed 1-1 casita. The views command attention, and the architecture reflects Hsu’s works at Uchi, Loro, Sway, the Cliff House, and countless others. 705 Las Lomas is one of the few Hsu-designed private homes in Central Austin. 5 minutes from downtown Austin, and 5 minutes from award-winning Eanes schools, this residence offers the perfect package of desirability, functionality, and value appreciation. Nestled into the last cul-de-sac at the end of a low-traffic residential paradise, 705 is the fresh new epitome of what this neighborhood embodies. The 1.6+ acre lot still contains potential for future improvements – only about half of the allowable impervious cover has been utilized, and the septic system has additional capacity. See broker for details.
Property Type
Residential
Year Built
2019
Lot Size
1.63 acres
$/Sq Ft
$1,469
HOA
$500/mo
Garage
6 spaces
Pool
Yes
Listed by Moreland Properties
Verified property facts
705 Las Lomas DR is listed at $8,950,000 with 6 bedrooms, 6 full, 1 half bathrooms, 6,094 square feet, 1.63-acre lot. This places it above the 78746 median of $2,000,000.
705 Las Lomas DR is zoned for Eanes ISD with assigned schools: Eanes (10/10) (elementary), Hill Country (9/10) (middle), Westlake (9/10) (high). School assignments should be verified directly with the district.
705 Las Lomas DR is in Westlake Hills, Austin, Texas. See the full [Westlake Hills neighborhood guide](/neighborhoods/westlake-hills-austin) for market data, schools, and lifestyle details.
705 Las Lomas DR is a Residential built in 2019 featuring 6 bedrooms, 6 full, 1 half bathrooms, 6,094 square feet, 1.63-acre lot.
705 Las Lomas DR is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
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+0.7% | — | $7,592,516 | — | — |
2024+55.3% | — | $7,538,990 | $2,160,000 | $3,834,526 |
2023+88.3% | — | $4,855,690 | $2,160,000 | $5,378,990 |
2022+28.0% | — | $2,579,100 | $1,200,000 | $3,655,690 |
2021 | — | $2,014,792 | $1,200,000 | $1,379,100 |

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% ($1.8M)
$8,950,000
Luxury property intelligence
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$8,950,000
Price per sqft
$1,469/sqft
Vs. Westlake Hills median
+280.7%
$2.4M median
Days on market
1,378 days
Original to current
No verified reduction
$9M original
Active inventory context
17 listings
Price Position in Westlake Hills
Listed 281% above the Westlake Hills median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 3, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Westlake Hills
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
705 Las Lomas DR is priced at $1,469 per square foot across 6,094 sqft. The Westlake Hills median list price is $2,351,000.
The most recent annual property tax for 705 Las Lomas DR is $50,118. 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.
With 20% down ($1,790,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 705 Las Lomas DR is around $50,616 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $8,950,000, 705 Las Lomas DR is in the Westlake Hills market where there are currently 109 active listings in 78746. The Keenan Group has completed 19 transactions in 78746 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Westlake Hills guide](/neighborhoods/westlake-hills-austin).
705 Las Lomas DR was built in 2019, making it 7 years old with relatively recent construction.
705 Las Lomas DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
705 Las Lomas DR sits on a 1.63-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
705 Las Lomas DR is part of a managed community with HOA dues of $500 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
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)
7 events on record
Current Price
$8,950,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+0.7% | — | $7,592,516 | — | — |
2024+55.3% | — | $7,538,990 | $2,160,000 | $3,834,526 |
2023+88.3% | — | $4,855,690 | $2,160,000 | $5,378,990 |
2022+28.0% | — | $2,579,100 | $1,200,000 | $3,655,690 |
2021 | — | $2,014,792 | $1,200,000 | $1,379,100 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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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