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3 bed, 3 bath, 2,408 sqft on 0.71 acres in Westlake Hills. West Lake Hills, TX 78746. Last listed at $1,635,000, sold December 13, 2021. Eanes ISD.
About This Home
Priced under recent appraisal, see attached. Easy to add sq footage that's already there! Rare corner lot lives and feels much bigger than .71+ acre suggests. Quiet cul de sacs aplenty are just steps away and perfect for nature walks. Easy expansions (if desired) inside and out or tear down and build your dream home on the gentle topography amongst the gorgeous trees. Only residence in close-in Westlake on lot this size for under $1.8m. Rock-solid construction just 20 years young. Primary suite on main level. Kitchen opens to living room, and concrete floors await your rugs for some added personality. 10 minutes to downtown. Ample parking in over-sized garage and driveway. Corner-lot configuration adds ultimate privacy.
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
- 2000
- Lot Size
- 0.71 acres
- Price / Sq Ft
- $679
- Garage
- 3 spaces
Listing information last updated December 16, 2021.
Listed by Moreland Properties
MLS# 9916828 • 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
- Ceiling Fan(s)
- High Ceilings
- Eat-in Kitchen
- Pantry
- Primary Bedroom on Main
- Dishwasher
- Electric Range
- Microwave
- Refrigerator
- Carpet
- Tile
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Exterior Steps
- Rain Gutters
- Private Yard
- Hardi
- Plank Type
- Masonry – All Sides
- Stone
- Gentle Sloping
- Sloped Down
- Sprinkler - Automatic
- Trees-Moderate
- Views
- Slab
- Covered
- Front Porch
- Roof
- Composition
- Lot Size
- 0.71 Acres
- Attached
- Garage
- Garage Faces Rear
- Garage Spaces
- 3
Financial
- Original List Price
- $1,790,000
- Price per Sq Ft
- $679
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 706 Terrace Mountain DR, whoever represented it.
- SoldDecember 13, 2021Listed at: $1,790,000MLS 9916828
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
- $1,635,000
- Original list
- $1,790,000
- Price movement
- $155K reduction
- Listed / DOM
- Jul 21, 2021
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $4,901,233
- Assessment Year
- 2025
- Year Built
- 2022
- Parcel ID
- 000000119862
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+503.0% | — | $4,901,233 | — | — |
2024-52.7% | — | $812,830 | $874,000 | $606,779 |
2023+54.3% | — | $1,716,712 | $812,830 | — |
2022 | — | $1,112,272 | $874,000 | $842,712 |
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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% ($327K)
Adjustable assumption - not a lending recommendation.
$1,635,000
Luxury property intelligence
Keenan Market Position
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$1,635,000
Price per sqft
$679/sqft
Vs. Neighborhood guide reference price
-15.4%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$155K reduction
$1.8M original
Active inventory context
117 listings
Price Position in Westlake Hills
Listed 15% 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 Jun 3, 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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