Active Listing  ·  39 days on market

1201 Silver Hill Dr

Austin, TX 78746
$2,495,000
5 Bed 5 Bath 4,265 sqft $585/sqft Built 1991 0.42 acres 2-Car Garage Pool Rolling Hills West

Situated in the highly coveted Rolling Hills West neighborhood and exemplary Eanes ISD schools, this beauty offers an exceptional blend of timeless architecture, privacy, and convenience. Just a short walk to Cedar Creek Elementary, Hill Country Middle School, and Westlake High School, this remarkable property enjoys one of the most desirable locations in Westlake.

Inspired by classic plantation-style architecture, the home showcases stunning 19th-century French doors, beautiful hardwood floors, and an inviting open floor plan designed for both everyday living and effortless entertaining. Gracious living spaces are filled with natural light and thoughtfully positioned to capture serene views and privacy from every room.

The expansive floor plan features five spacious bedrooms, five full bathrooms, a dedicated office, and a large game room currently outfitted as a professional-quality dance studio with Marley floors. Whether hosting gatherings, working from home, pursuing creative passions, or simply enjoying family life, the home's flexible spaces accommodate a variety of lifestyles.

Ideally located just minutes from premier shopping, dining, downtown Austin, and Zilker Park, 1201 Silver Hill presents a rare opportunity to enjoy the tranquility of an established Westlake neighborhood without sacrificing access to the city's best amenities.

At $585/sqft, this home is priced 50% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1201 Silver Hill Dr, Austin, TX 78746

Property Details

Price $2,495,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths ,
Living Area 4,265 sqft
Lot Size 0.42 acres (18,499.93 sqft)
Year Built 1991
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Rolling Hills West
County Travis
Zip Code 78746
$/sqft $585/sqft
Days on Market ,
HOA $250/Annually
Annual Tax Est. $23,454.85
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237612142
List Date June 26, 2026
Elementary School Cedar Creek (Eanes ISD)
Middle School Hill Country
High School Westlake
School District ,

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

Schedule a Call →

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin 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
3712 Meredith St
Laurel Heights
$2,495,000 $731 4 bd / 5 ba 3,413 sqft , 2026-04-16
14753 Arrowhead Dr
Arrowhead Point 01
$2,495,000 $577 4 bd / 4 ba 4,322 sqft , 2026-05-08
14036 Timberline Trl
Sunset Canyon Sec 4
$2,495,000 $478 4 bd / 4 ba 5,216 sqft , 2026-05-27
5711 Pool Canyon Cv
Hudson Bend Colony 02
$2,499,000 $562 4 bd / 4 ba 4,444 sqft , 2026-03-04
1606 Buffalo Gap Rd
Buffalo Gap
$2,499,000 $641 4 bd / 5 ba 3,898 sqft , 2026-04-10

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
$11,976/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
$499,000
20% conventional investment loan

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

Estimated Gross Rent+$11,976
Principal + Interest−$13,616
Property Tax (~2.1% TX avg)−$4,366
Insurance (~0.5%)−$1,040
Est. Monthly Cash Flow $-7,046

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 →

Commute & Employment

Major Employers Near Austin, TX

Austin 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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →