Active Listing  ·  35 days on market

5000 Fast Fox Trl

Austin, TX 78746
$2,200,000
3 Bed 3 Bath 2,370 sqft $928/sqft Built 1981 0.74 acres 2-Car Garage Pool Westlake Highlands Sec 08 Amd

Behind a gated entrance, this Westlake Hills residence sits on an expansive lot with privacy, mature surroundings, and eastern views. The home has been extensively renovated in 2020 with a focus on quality materials and a clean, thoughtful design. Oversized windows and doors bring in beautiful natural light and keep the surrounding landscape present throughout the interiors. Hardwood floors, limestone details, and carefully selected finishes add warmth, while the open layout creates an easy connection between the main living spaces. Located within Eanes ISD, the property feels private and removed while remaining minutes from Loop 360, downtown Austin, and everything Westlake has to offer. The living room is anchored by a custom concrete fireplace, with large windows drawing toward the views beyond. From there, the home flows into an open kitchen designed with custom cabinetry, generous prep space, and a full suite of Miele appliances. A built-in refrigerator, induction cooktop, wall oven, steam oven, two sinks, and extensive storage make the space equally suited for everyday use and entertaining. The primary suite continues the home’s understated design with a marble and limestone bath and two custom closets. Each secondary bedroom also includes a custom closet, custom window treatments, distinctive lighting, and integrated technology add thoughtful detail throughout. The outdoor spaces take full advantage of the home’s elevated setting and eastern views. An extended ipe deck creates a substantial place to gather, dine, or spend time outside, with iron and cable railings keeping the outlook open to the surrounding hills. The expansive lot provides additional breathing room around the home, while perimeter fencing adds another layer of privacy. With beautifully finished interiors, generous outdoor living, and a setting that captures some of the best views in Westlake Hills, the property offers a rare combination of space and privacy so close to the center of Austin.

At $928/sqft, this home is priced 138% 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

5000 Fast Fox Trl, Austin, TX 78746

Property Details

Price $2,200,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,370 sqft
Lot Size 0.74 acres (32,439.13 sqft)
Year Built 1981
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Westlake Highlands Sec 08 Amd
County Travis
Zip Code 78746
$/sqft $928/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $26,374.97
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249268180
List Date October 8, 2026
Elementary School Bridge Point
Middle School Hill Country
High School Westlake
School District Eanes ISD

Eanes ISD

Bridge Point · Hill Country · Westlake

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 · October 8, 2026 $2,300,000
Current ask $2,200,000
▼ Reduced $100,000 (-4.3%) 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
4306 Bennedict Ln
West Rim
$2,200,000 $705 4 bd / 4 ba 3,122 sqft , 2026-05-22
1910 Rue De St Tropez None #6
Enclave Villas Condo
$1,899,000 $602 3 bd / 3 ba 3,155 sqft , 2026-05-31

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
$10,560/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
$440,000
20% conventional investment loan

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

Estimated Gross Rent+$10,560
Principal + Interest−$12,006
Property Tax (assumed ~2.1%)−$3,850
Insurance (assumed ~0.5%)−$917
Est. Monthly Cash Flow $-6,213

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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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 · 41 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. The written content was last updated on November 7, 2026.

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

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