Active Listing  ·  82 days on market

500 Laurel Valley Rd

West Lake Hills, TX 78746
$2,650,000
4 Bed 5 Bath 3,723 sqft $712/sqft Built 2017 0.59 acres 3-Car Garage Pool Stonehedge Estates

This custom West Lake Hills sanctuary is the perfect combination of privacy, ideal location, thoughtful modern design, and connection to its natural surroundings. No more than 15 minutes from most anywhere you’ll need to go (including downtown Austin). From every space you’re immersed in abundant nature and intentional views of the day and night skies. The open plan, multiple outdoor decks and canyon views invite owners and guests to join and relax in a bright, calming and serene setting. The oversized kitchen island serves as the centerpiece of the main level featuring a stunning quartz waterfall design, tons of counter space for cooking and casual dining, and endless storage space below. Enjoy cool, polished concrete floors on the main level. Upstairs, wide-plank white oak floors complete a whole-house carpet-free environment. Trusted Wolf/SubZero and Bosch appliances. Energy efficient spray foam insulation, aluminum clad wood windows and tankless water heater. The property offers 2 locations where a pool can potentially be added (Buyer and their agent to do their own due diligence regarding pool permitting and installation). The central vacuum and PCS lighting system add to the conveniences designed into the home. All combined to create a space where everyone feels at home.

At $712/sqft, this home is priced in line with the West Lake Hills market average of $712/sqft across 15 active listings. View Austin market report →

Location

500 Laurel Valley Rd, West Lake Hills, TX 78746

Property Details

Price $2,650,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 3,723 sqft
Lot Size 0.59 acres (25,569.72 sqft)
Year Built 2017
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Stonehedge Estates
County Travis
Zip Code 78746
$/sqft $712/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $38,762
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238408443
List Date July 3, 2026
Elementary School Eanes
Middle School Hill Country
High School Westlake
School District ,

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.

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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 · July 3, 2026 $2,750,000
Current ask $2,650,000
Reduced $100,000 (-3.6%) 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
601 Westwood Ter
Westwood Sec 03
$2,650,000 $660 4 bd / 4 ba 4,018 sqft , 2026-08-05
501 Westbrook Dr
Westwood Sec 07
$1,950,000 $773 4 bd / 5 ba 2,523 sqft , 2026-08-11
816 Terrace Mountain Dr
Stonehedge Estates
$1,850,000 $679 5 bd / 3 ba 2,725 sqft , 2026-08-14

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
$12,720/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
$530,000
20% conventional investment loan

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

Estimated Gross Rent+$12,720
Principal + Interest−$14,462
Property Tax (~2.1% TX avg)−$4,638
Insurance (~0.5%)−$1,104
Est. Monthly Cash Flow $-7,484

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 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

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
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 19, 2026.

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