— bed, — bath on 0.20 acres in Westlake Hills. Austin, TX 78746. $1,100,000. Eanes ISD.
About This Home
Prime close-in Westlake location less than half a mile from Westlake High School, walkable to both Hill Country Middle School and Cedar Creek Elementary School, with quick access to downtown Austin. This approximately 0.21-acre homesite offers a strong standalone opportunity with utilities available, within the acclaimed Eanes ISD. With a manageable footprint and favorable build potential, it’s well-suited for a custom home that maximizes both indoor and outdoor living. One of three available lots on Allen Rd, this property provides flexibility for buyers looking to secure a single homesite or explore multiple acquisitions within the same desirable close-in Westlake location.
This 0.2006-acre homesite in Allen Terrace just west of Westlake High School sits less than half a mile from one of Austin's top-rated secondary campuses, putting you in the heart of Eanes ISD territory where Cedar Creek Elementary and Hill Country Middle anchor the surrounding neighborhoods. Allen Road itself is a public-maintained route that keeps you connected to downtown Austin in under 15 minutes while preserving the quiet, tree-lined character of close-in West Lake Hills real estate.
What makes this lot exceptional for a weekend lifestyle property is the flexibility it offers. At just over one-fifth of an acre, you're not managing sprawling acreage that demands constant upkeep, yet you have enough land to carve out genuine outdoor recreation space. Build a custom home with a workshop bay for maintaining ATVs or fishing gear. Add a covered porch that becomes your launch pad for weekend adventures into the Hill Country, which sits just 20 minutes further west via Loop 360 and Bee Cave Road. Your morning could start with coffee overlooking your own piece of land; your afternoon could have you on the water at Lake Travis or hitting trails in nearby Walnut Creek Metropolitan Park.
The lot's proximity to established infrastructure means utilities are available, cutting years off your build timeline and keeping development costs reasonable. You're not building in isolation. Hill Country Middle School is a short walk away, and Westlake High School's campus presence signals an area where families value both land access and strong educational anchors. Yet you're close enough to downtown that a Friday evening dinner at Congress Avenue or catching live music on Rainey Street isn't a production.
Three lots exist on Allen Road in this configuration, giving you the rare option to acquire multiple adjacent homesites if you're thinking longer-term about family compound potential or even modest development flexibility. One purchase can be the weekend retreat; two or three can become something more substantial as your vision for how you use close-in West Lake Hills property evolves.
At $1.10 million, you're securing land in the Westlake corridor at a price point that reflects its manageable size but premium location. Eanes ISD schools deliver consistent performance, the neighborhood has established value retention, and your build potential here means you control exactly how the finished property serves your family's actual recreation and lifestyle priorities.
The numbers behind this insight
- Offered at
- $1,100,000
- Listed
- April 3, 2026
Westlake Hills market
- Homes sold
- 345
- Median sale price
- $1,875,000
- Median price per sq ft
- $543
- Median days on market
- 33
- Homes for sale now
- 113
- Months of supply
- 3.9
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
- 0.20 acres
Listing information last updated April 5, 2026.
Listed by KW-Austin Portfolio Real Estate
MLS# 2107483 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Public Maintained Road
- Lot Size
- 0.20 Acres
Financial
- Original List Price
- $1,100,000
Utilities
- Electricity Available
- Natural Gas Available
- Sewer Available
- Underground Utilities
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at Lot 2, whoever represented it.
- ActiveListed 2026Current price: $1,100,000Original list: $1,100,000MLS 2107483
- Listed · April 3, 2026$1,100,000
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
- $1,100,000
- Original list
- $1,100,000
- Price movement
- No verified reduction
- Listed / DOM
- Apr 3, 2026 · 215 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $786,433
- Assessment Year
- 2025
- Year Built
- 2023
- Parcel ID
- 000000907338
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+191.3% | — | $786,433 | $786,433 | — |
2021 | — | $270,000 | $270,000 | — |
Zoned Schools
Westlake
Hill Country
Cedar Creek
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.
Illustrative down payment
20% ($220K)
Adjustable assumption - not a lending recommendation.
Home price
$1,100,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$1,100,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
-41.3%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
215 days
Original to current
No verified reduction
$1.1M original
Active inventory context
113 listings
Price Position in Westlake Hills
Listed 41% 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 Oct 16, 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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