Active Listing  ·  186 days on market

2405 Deer Pass

Austin, TX 78746
$5,150,000
6 Bed 6 Bath 4,322 sqft $1,192/sqft Built 2025 0.52 acres 3-Car Garage Pool Westlake Highlands

Crafted by award-winning Murray Legge Architecture, Lindsey Hanna Design, and Brad Wells Custom Homes, this extraordinary Westlake residence redefines modern luxury. Perched on a private hillside, the home captures sweeping Hill Country views through walls of glass, while its striking design—two wings connected by a glass walkway—sets it apart as an architectural statement. Inside, soaring ceilings and natural light accentuate the open living spaces. With five bedrooms, a separate guest house with en-suite bath, and a study that doubles as a sixth bedroom, the home offers exceptional flexibility for family and guests alike. Outdoor living is elevated with a hillside pool and spa, landscaped terraces, and space planned for a plunge pool and sauna. Every detail is designed to blend luxury with relaxation. All of this comes with unmatched convenience—just minutes from Eanes ISD, St. Stephen’s, Magellan, Trinity, and Acton Academy, plus the Wild Basin Wilderness Preserve, Austin Country Club, and Austin’s best dining and shopping. Private, peaceful, and only minutes from the city, this home brings together modern architecture, refined living, and the natural beauty of the Hill Country.

At $1,192/sqft, this home is priced 205% 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

2405 Deer Pass, Austin, TX 78746

Property Details

Price $5,150,000
Status Active Listing
Beds 6
Full Baths 6
Half Baths ,
Living Area 4,322 sqft
Lot Size 0.52 acres (22,842.86 sqft)
Year Built 2025
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Westlake Highlands
County Travis
Zip Code 78746
$/sqft $1,192/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $45,420.06
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT217807504
List Date January 30, 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.

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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 · January 30, 2026 $5,395,000
Previous ask $5,249,000
Current ask $5,150,000
Reduced $245,000 (-4.5%) 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 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
2601 Buckminster Ct
West Rim
$4,950,000 $897 5 bd / 6 ba 5,521 sqft , 2026-03-06
610 Davis St #4704
The Modern Austin Residences
$4,725,000 $1,438 5 bd / 6 ba 3,285 sqft , 2025-08-26
6205 Marshall Ranch Rd
The Overlook at Westlake
$4,655,740 $943 6 bd / 6 ba 4,937 sqft , 2026-03-25
1304 Dusky Thrush Trl
Woodhaven
$4,580,000 $872 5 bd / 6 ba 5,253 sqft , 2026-06-04
1117 Eternity Ter
The Overlook at Westlake
$4,573,207 $910 6 bd / 6 ba 5,025 sqft , 2025-10-03

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
$24,720/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
$1,030,000
20% conventional investment loan

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

Estimated Gross Rent+$24,720
Principal + Interest−$28,106
Property Tax (~2.1% TX avg)−$9,013
Insurance (~0.5%)−$2,146
Est. Monthly Cash Flow $-14,545

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.

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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 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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