Active Listing  ·  432 days on market

506 Konstanty Cir

West Lake Hills, TX 78746
$5,995,000
6 Bed 6 Bath 6,729 sqft $891/sqft Built 2002 2.05 acres 3-Car Garage Pool Stoney Wood

EXTRAORDINARY WESTLAKE HILLS ESTATE - RARE OPPORTUNITY

Nestled on 2 pristine acres in coveted Westlake Hills, this secluded estate presents a unique opportunity to own both a masterfully completed guest house and a main residence with unlimited potential. Accessed via a private cul-de-sac and set on a flat, wooded lot with tranquil creek, this property offers unparalleled privacy just minutes from downtown Austin.

The immaculately renovated guest house, designed by renowned architect Paul Lamb with interiors by celebrated designer Elizabeth Stanley, serves as an inspirational blueprint for the main residence transformation. Complete architectural plans by this distinguished team are included, offering the rare chance to extend this exquisite design aesthetic throughout the property.

The main residence, while awaiting your vision, currently features beautiful wood flooring, custom tile work, wood-beamed vaulted ceilings, and a striking stone fireplace. The gourmet kitchen boasts a professional-grade Wolf range, dual dishwashers, massive island, premium Caesarstone countertops, and a breakfast bar opening to a spacious great room. A lovely screened-in porch provides year-round indoor/outdoor living.

Resort-style amenities abound with a stunning pool, adjacent fire pit, fully lit tennis court with integrated speakers, dedicated gym space, and specialized exercise pool with cold plunge—creating a comprehensive wellness retreat within your own estate.

Within walking distance to both elementary and high schools, this unique property presents a compelling opportunity to create a cohesive architectural masterpiece or enjoy as-is. An extraordinary canvas awaiting your vision in one of Austin's most prestigious neighborhoods.

At $891/sqft, this home is priced 25% above the West Lake Hills active market average of $712/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

506 Konstanty Cir, West Lake Hills, TX 78746

Property Details

Price $5,995,000
Status Active Listing
Beds 6
Full Baths 6
Half Baths ,
Living Area 6,729 sqft
Lot Size 2.05 acres (89,123.76 sqft)
Year Built 2002
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Stoney Wood
County Travis
Zip Code 78746
$/sqft $891/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $67,588
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT202523916
List Date July 18, 2025
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.

Schedule a Call →

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
1117 Eternity Ter
The Overlook at Westlake
$5,259,189 $1,047 6 bd / 6 ba 5,025 sqft , 2025-10-03
6205 Marshall Ranch Rd
The Overlook at Westlake
$4,905,740 $994 6 bd / 6 ba 4,937 sqft , 2026-03-25
1216 Eternity Ter
The Overlook at Westlake
$4,717,046 $955 5 bd / 6 ba 4,937 sqft , 2026-05-23
1209 Eternity Ter
The Overlook at Westlake
$4,639,481 $881 5 bd / 7 ba 5,266 sqft , 2026-05-23
1304 Dusky Thrush Trl
Woodhaven
$4,580,000 $872 5 bd / 6 ba 5,253 sqft , 2026-06-04

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
$28,776/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
$1,199,000
20% conventional investment loan

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

Estimated Gross Rent+$28,776
Principal + Interest−$32,717
Property Tax (~2.1% TX avg)−$10,491
Insurance (~0.5%)−$2,498
Est. Monthly Cash Flow $-16,930

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 June 26, 2026.

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