Active Listing  ·  25 days on market

3608 Woodcutters Way

Austin, TX 78746
$4,500,000
5 Bed 7 Bath 6,231 sqft $722/sqft Built 1992 1.01 acres 3-Car Garage Pool Forest At Westlake

Never before offered, this traditional Westlake residence is set on a beautiful one-acre homesite in one of the area's most established and sought-after neighborhoods. Surrounded by mature trees and situated on a rare flat lot with expansive lawn space, the property offers exceptional outdoor enjoyment with plenty of room for a future pool, play areas, gardens, or entertaining. Designed for comfortable everyday living, the home features a spacious and thoughtfully planned floor plan with an abundance of storage and a variety of living spaces to accommodate changing needs over time. Formal living and dining rooms provide classic gathering spaces, while multiple family rooms, private offices, flex spaces, and generously sized bedrooms offer privacy and functionality throughout. At the heart of the home, the kitchen and breakfast area serve as a welcoming hub, connecting naturally to the home's main living spaces and outdoor areas. Covered porches and open-air terraces create inviting spaces to enjoy the peaceful setting and beautiful grounds year-round. The surrounding community is equally appealing, known for its wide streets, walkability, mature landscaping, and level terrain that make the neighborhood both beautiful and highly livable. Opportunities to acquire a property of this size and setting are increasingly rare in Westlake. Located within acclaimed Eanes ISD and just minutes from Lake Austin, Westlake's premier amenities, Bee Cave Road, and downtown Austin, this is a rare offering that combines space, character, flexibility, and an exceptional neighborhood setting.

At $722/sqft, this home is priced 85% 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

3608 Woodcutters Way, Austin, TX 78746

Property Details

Price $4,500,000
Status Active Listing
Beds 5
Full Baths 6
Half Baths 1
Living Area 6,231 sqft
Lot Size 1.01 acres (43,986.89 sqft)
Year Built 1992
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Forest At Westlake
County Travis
Zip Code 78746
$/sqft $722/sqft
Days on Market ,
HOA $400/Annually
Annual Tax Est. $40,595.8
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236540501
List Date July 10, 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
2701 Toro Canyon Rd #B
Christopher Condominium Homes
$4,500,000 $806 5 bd / 7 ba 5,580 sqft , 2025-04-03
604 Brookhaven Trl
Westwood Sec 04
$4,495,000 $840 5 bd / 6 ba 5,349 sqft , 2026-04-30
1117 Eternity Ter
The Overlook at Westlake
$4,573,207 $910 6 bd / 6 ba 5,025 sqft , 2025-10-03
1304 Dusky Thrush Trl
Woodhaven
$4,580,000 $872 5 bd / 6 ba 5,253 sqft , 2026-06-04
6205 Marshall Ranch Rd
The Overlook at Westlake
$4,655,740 $943 6 bd / 6 ba 4,937 sqft , 2026-03-25

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
$21,600/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
$900,000
20% conventional investment loan

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

Estimated Gross Rent+$21,600
Principal + Interest−$24,558
Property Tax (~2.1% TX avg)−$7,875
Insurance (~0.5%)−$1,875
Est. Monthly Cash Flow $-12,708

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →