About This Home

An incredible opportunity to get into West Lake Hills and Eanes ISD on a flat, tree-filled .27-acre lot! This gorgeous two-story home offers a functional floor plan with soaring ceilings, abundant natural light, multiple living areas, and a kitchen that opens directly to the main living space. Thoughtful updates, stainless steel appliances, and a limestone fireplace add to the home’s appeal, while the oversized 42' x 14' deck creates an incredible outdoor living and entertaining space overlooking the private backyard. Just 10–15 minutes from downtown and around the corner from Eanes Elementary and all that Rollingwood has to offer, this property couldn’t be more conveniently located. With a flat, usable lot and plenty of room to make it your own, this is a rare opportunity to get into one of West Lake Hills’ most sought-after locations.

At $700/sqft, this home is 2% below the West Lake Hills active market average of $712/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

108 W SPRING Dr, West Lake Hills, TX 78746

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Property Details

Price $1,300,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,856 sqft

Lot Size 0.27 acres (11,569.54 sqft)

Year Built 1986

Garage 1 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Westlake Park

County Travis

Zip Code 78746

$/sqft $700/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT247247825

List Date September 18, 2026

Elementary School Eanes

Middle School Hill Country

High School Westlake

School District ,

Have Questions About This Property?

Luke Allen (TREC #788149) has deep knowledge of West Lake Hills and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · September 18, 2026 $1,250,000

Current ask $1,300,000

▲ Increased $50,000 (+4.0%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in West Lake Hills

Comparable Listings Right Now

Homes currently for sale in West Lake Hills with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed

7 Hull Circle Dr
Lakeview Gardens $1,050,000 $592 3 bd / 2 ba 1,773 sqft , 2026-07-01

435 Brady Ln
Henry P Hill League $1,700,000 $830 4 bd / 2 ba 2,047 sqft , 2026-07-27

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent

$6,240/mo

0.48% rule · conservative Austin est.

Gross Yield

5.76%

Annual rent ÷ purchase price

Cap Rate (est.)

3.46%

NOI after 40% vacancy + expenses

Down Payment

$260,000

20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$6,240

Principal + Interest−$7,095

Property Tax (~2.1% TX avg)−$2,275

Insurance (~0.5%)−$542

Est. Monthly Cash Flow $-3,672

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Neighborhood Context

About Westlake Hills

Westlake Hills is Austin's most prestigious address. The small city of Westlake Hills sits in the hills west of Austin proper - with views of the city skyline, the Texas Hill Country, and Lake Austin visible from many properties. It is where Austin's most successful executives, entrepreneurs, and professionals choose to live.

The primary driver of Westlake's demand is Eanes ISD - consistently ranked among the top school districts in Texas and regularly appearing on national top-100 lists. Families move to Westlake specifically for Westlake High School, and the school's reputation sustains property values through every market cycle.

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Eanes ISD

Westlake High School is among the top public high schools in Texas. AP course offerings, athletics, and college matriculation rates rival private schools. This is the #1 driver of Westlake real estate demand.

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Hill Country Views

Elevated terrain means many homes have panoramic views of downtown Austin's skyline, Lake Austin, and the surrounding hill country. Views add significant value and are irreplaceable.

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Privacy & Security

Many Westlake properties are set back from the road on large lots, often in gated communities. The density is far lower than inside Austin proper.

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Downtown Access

Despite feeling removed, Westlake is 10 to 15 minutes from downtown Austin via MoPac. The hills buffer from city noise without sacrificing access.

Full Westlake Hills Guide →

Commute & Employment

Major Employers Near West Lake Hills, TX

West Lake Hills sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E

Apple Campus (Domain) 20-30 min N

Google / Meta / Indeed 10-15 min downtown

Dell Medical School / UT Austin 10-20 min

Samsung Austin Semiconductor 25 min N

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on September 21, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

108 W SPRING Dr