Active Listing  ·  27 days on market

1500 The High Rd

Austin, TX 78746
$3,450,000
5 Bed 5 Bath 3,638 sqft $948/sqft Built 2017 0.83 acres 3-Car Garage Pool Westlake Highlands

Located in one of Westlake’s most desirable settings, this refined modern residence offers privacy, thoughtful design, and elevated Hill Country living on a large, secluded lot. Built in 2017, the home blends clean architectural lines with warm finishes and exceptional indoor–outdoor flow. The main living spaces are light-filled and open, anchored by a designer kitchen featuring marble countertops, a spacious island, Wolf six-burner range, Sub-Zero refrigerator, wine fridge, ice maker, beverage fridge, built-in Miele espresso maker, dual dishwashers, and a butler’s pantry. Expansive accordion style glass doors connect the living area to a screened-in porch with a fireplace and scenic views beyond.

The flexible floor plan includes a main-level guest bedroom with full bath, a large laundry room, and multiple living spaces for everyday comfort or entertaining. Upstairs, the primary suite offers serene views and a spa-inspired bathroom with soaking tub, oversized steam shower, and generous storage in the two primary closets (one even has a stackable washer/dryer). Additional bedrooms, a media room (currently used as a fifth bedroom), and a second living area with built-in bookcases provide exceptional versatility.

Outdoor living is a standout with multiple fruit trees, scenic views, a pool, spa, outdoor kitchen, pool shed, and two level grassy lawn sections with ample room for activities or future improvements. A detached heated and cooled flex space—originally designed as a third-car garage—adds flexibility for a gym, office, podcast space or studio, or the option to convert back to garage use.

Ideally located near downtown Austin while maintaining the privacy and prestige of Westlake, the property is also zoned to Eanes ISD, offering access to one of the area’s most highly regarded public school districts.

At $948/sqft, this home is priced 142% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1500 The High Rd, Austin, TX 78746

Property Details

Price $3,450,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 3,638 sqft
Lot Size 0.83 acres (36,198.36 sqft)
Year Built 2017
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Westlake Highlands
County Travis
Zip Code 78746
$/sqft $948/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $36,214.03
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239129821
List Date July 8, 2026
Elementary School Bridge Point
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
6705 Elfland Dr
Rivercrest Add Sec 02
$3,495,000 $1,109 4 bd / 5 ba 3,151 sqft , 2026-05-06
3310 Westhill Dr
West Park Add
$3,495,000 $1,092 4 bd / 4 ba 3,201 sqft , 2026-05-08
244 Zonetail Cv
Hawk Ridge Ph 1
$3,495,000 $756 5 bd / 5 ba 4,626 sqft , 2026-05-14
5403 Ridge Oak Dr
Highland Park West Sec 02
$3,495,000 $827 6 bd / 4 ba 4,224 sqft , 2026-06-19
4301 Balcones Dr
Balcones Park Add Sec 02
$3,500,000 $723 4 bd / 4 ba 4,841 sqft , 2026-04-23

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
$16,560/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
$690,000
20% conventional investment loan

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

Estimated Gross Rent+$16,560
Principal + Interest−$18,828
Property Tax (~2.1% TX avg)−$6,038
Insurance (~0.5%)−$1,438
Est. Monthly Cash Flow $-9,744

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.

🎓
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.

🏔️
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.

🔒
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.

⏱️
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 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

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