Skip to content
Keenan Group#1 Austin Board of Realtors Team 2024

Westlake Hills Home Value

Westlake Hills values driven by Eanes ISD zoning, Hill Country topography, lot size, and proximity to downtown Austin. One of Austin's highest price-per-acre submarkets.

  • Eanes ISD
  • $1.5M-$10M+
  • ZIP 78746

What determines home value in Westlake Hills?

Eanes ISD premium adds $300K-$500K over adjacent AISD-zoned homes at the same spec level.

  • Hill Country view lots vs wooded privacy lots attract different buyer profiles, but both carry a premium over flat, exposed parcels.
  • Lot size drives pricing more than square footage. Half-acre is the minimum for most buyers; 1-2 acre estate lots start at $3M+.
  • Proximity to Barton Creek Greenbelt and downtown Austin (15 min via MoPac, 20 via Bee Caves Rd) supports consistent demand from relocating executives.

Source: Keenan Group at Compass Real Estate, Austin TX - #1 Austin Board of Realtors Team (2024)

Current Market Snapshot

Source: Austin MLS/VOW data | Geography: Westlake Hills neighborhood guide record | Window: trailing 12 months | Computed: Oct 15, 2026

Median Sold Price
$1.93M
Median Days on Market
46
Sale-to-List Ratio
92.9%
Months of Supply
4.0

Comparable Sale Constraints

Why generic online estimates miss the mark here.

  • Custom homes dominate Westlake Hills. Very few production builds exist, so each comp requires individual adjustments for finishes, layout, and site work.
  • Wide price spread from $1.5M entry to $10M+ estates makes neighborhood averages useless for pricing any single property.
  • Slope and buildable area vary dramatically. A 1-acre hillside lot may have less usable space than a flat 0.4-acre lot, and buyers price accordingly.

TCAD Assessment Context

Eanes ISD properties carry higher tax rates than AISD (roughly 2.0-2.2% combined), but TCAD assessments on long-held homes lag market by 25-40% due to homestead cap. Recent $4M+ sales are assessed closest to market. Protest success rates for Westlake Hills are among the highest in Travis County.

Frequently Asked Questions

How accurate are Westlake Hills Home Value estimates?
Accuracy depends on comp quality. Custom homes dominate Westlake Hills. Very few production builds exist, so each comp requires individual adjustments for finishes, layout, and site work. For a pricing decision, request a full CMA from Keenan Group that accounts for condition, lot, school zone, and current competition.
What drives home values in Westlake Hills?
Eanes ISD premium adds $300K-$500K over adjacent AISD-zoned homes at the same spec level.
How does TCAD assessment compare to market value here?
Eanes ISD properties carry higher tax rates than AISD (roughly 2.0-2.2% combined), but TCAD assessments on long-held homes lag market by 25-40% due to homestead cap. Recent $4M+ sales are assessed closest to market. Protest success rates for Westlake Hills are among the highest in Travis County.
What should I prepare before requesting a valuation?
Helpful information to share: recent improvements or renovations with dates and approximate costs, any features not in TCAD records (finished garage conversions, pool upgrades, custom built-ins), current HOA dues and special assessments, recent property tax protest results, and photos of interior, exterior, and unique features. None of this is required - we can start with just your address.
How do I request a free CMA for my Westlake Hills home?
Call (512) 415-7653 or visit thekeenangroup.com/contact. Provide your property address and any relevant context (selling timeline, renovation history, estate or refinance purpose). The Keenan Group delivers a preliminary CMA within 24-48 hours, free and with no obligation to list.

Related Valuation Resources

Home Valuation Hub

Get your Austin home value range with comparable sales and TCAD context

Austin CMA

What a Comparative Market Analysis includes and how to request one

Our Results

Pricing outcomes and list-to-sale ratios across 1,000+ transactions

Seller Resources

Prep, pricing, timing, and Compass marketing strategy

Northwest Hills Home Value

Home value drivers and market data for Northwest Hills

78731 Home Value

Home value drivers and market data for 78731

Why Choose the #1 Austin Board Team

#1 ABoR Team 20241,000+ Career SalesLuxury Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

What Should You Do Next?

Westlake Hills pricing requires custom comp analysis. Lot topography, view quality, school zone confirmation, and custom-home condition create $500K-$1M pricing swings on adjacent properties. Request a full CMA.

Get Instant EstimateGet My 78746 Pricing Range