— bed, — bath on 8.42 acres in Westlake Hills. West Lake Hills, TX 78746. $7,500,000. Eanes ISD.
About This Home
8.42 acres subdivided into six individually platted lots. Lots range from 1.02 to 1.76 acres and surround a shared private drive, with water and wastewater available to the site, six LUEs paid for, and two curb cuts approved off Westlake Drive. Perfect for a developer or a single owner seeking a rare, large-acreage estate in infill Austin. +/-3.39 acres of buildable area; ~$300,000 worth of entitlement work done. Approved building pads from ±5,100 to ±6,000 SF. One existing water well on site.
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
- 8.42 acres
Listing information last updated September 9, 2026.
Listed by Cotton Real Estate Ventures LLC
MLS# 1783741 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Back Yard
- Open Lot
- Sloped Down
- Trees-Medium (20 Ft - 40 Ft)
- Lot Size
- 8.42 Acres
- Dry
- Seasonal
Financial
- Original List Price
- $7,500,000
Utilities
- Electricity Available
- Natural Gas Available
- Sewer Available
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 803 Westlake DR, whoever represented it.
- ActiveListed 2026Current price: $7,500,000Original list: $7,500,000MLS 1783741
- Listed · September 9, 2026$7,500,000
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
- $7,500,000
- Original list
- $7,500,000
- Price movement
- No verified reduction
- Listed / DOM
- Sep 9, 2026 · 36 days
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% ($1.5M)
Adjustable assumption - not a lending recommendation.
$7,500,000
Luxury property intelligence
Keenan Market Position
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$7,500,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
+288.0%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
36 days
Original to current
No verified reduction
$7.5M original
Active inventory context
117 listings
Price Position in Westlake Hills
Listed 288% 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 Oct 15, 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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