Active Listing  ·  182 days on market

6205 Marshall Ranch Rd

Austin, TX 78746
$4,905,740
6 Bed 6 Bath 4,937 sqft $994/sqft Built 2026 0.27 acres 3-Car Garage Pool New Construction The Overlook at Westlake

Tucked inside an exclusive gated enclave in the highly sought-after West Austin/Westlake area, this newly constructed luxury residence offers a rare blend of privacy, design, and location—just 5 miles from Downtown Austin.

Designed in collaboration with Butter Lutz Interiors, this 6-bedroom, 5.5-bath home showcases elevated finishes and thoughtful detail throughout. Wide-plank oak hardwood floors, quartz countertops, and a curated palette of materials create a clean, modern aesthetic, while a full metal roof adds both durability and architectural presence.

The chef’s kitchen is outfitted with premium Wolf and Sub-Zero appliances, ideal for both everyday living and entertaining. Expansive living spaces flow seamlessly outdoors to double rear decks overlooking a sparkling pool and spa, all set against a peaceful greenbelt backdrop.

Designed for entertaining, a standout bonus space—“the speakeasy”—features a full bar and counter build-out, along with its own private balcony for an elevated hosting experience. Upstairs, a front-facing bedroom captures stunning downtown views, while the owner’s suite offers vaulted ceilings and custom closet built-ins for a refined, functional retreat.

Situated within a boutique community of only 48 homes and zoned to highly sought-after Eanes Independent School District, this property delivers both exclusivity and top-tier education access.

Additional highlights include a 3-car garage, spacious secondary bedrooms, and a layout designed for modern living.

Move-in ready June 2026.

At $994/sqft, this home is priced 153% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

6205 Marshall Ranch Rd, Austin, TX 78746

Property Details

Price $4,905,740
Status Active Listing
Beds 6
Full Baths 5
Half Baths 1
Living Area 4,937 sqft
Lot Size 0.27 acres (11,600.03 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision The Overlook at Westlake
County Travis
Zip Code 78746
$/sqft $994/sqft
Days on Market ,
HOA $250/Monthly
Annual Tax Est. $0.53
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT223785299
List Date March 25, 2026
Elementary School Forest Trail
Middle School West Ridge
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 →

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 · March 25, 2026 $4,758,796
Previous ask $4,761,642
Current ask $4,905,740
Increased $146,944 (+3.1%) 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
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
1117 Eternity Ter
The Overlook at Westlake
$5,259,189 $1,047 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
$23,548/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
$981,148
20% conventional investment loan

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

Estimated Gross Rent+$23,548
Principal + Interest−$26,773
Property Tax (~2.1% TX avg)−$8,585
Insurance (~0.5%)−$2,044
Est. Monthly Cash Flow $-13,854

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 · 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 17, 2026.

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