See Home Value
$1,370,000
House - Off Market

303 Westlake DR

West Lake Hills, TX 78746
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1514 Sqft
$9,004
Estimated Monthly
$0
HOA / Fees
0.64%
Cap Rate

About This Property

Discover the boundless potential of this rare opportunity in the heart of West Lake Hills! The visionary owner is open to an enticing financing option, offering a remarkable 2% interest rate over a 30-year term with a 20% down payment (3-year balloon). Boasting a generous lot size of 0.35 acres (15,220 sq ft) and nestled within the esteemed Eanes Independent School District, this parcel presents an exceptional canvas to actualize your dream home with the capability to construct up to 3,800 sq ft of living space (per City of West Lake Hills, buyer to confirm setbacks and impervious coverage). Revel in the promise of an excellent investment opportunity, as recent new home construction costs in the coveted Westlake Area have averaged +/- $1,000 per sq ft, making this property an opportune venture. The property is already connected to county water and city sewage systems. The strategic location offers seamless access to a plethora of amenities, from Barton Creek Mall, to charming coffee shops and restaurants while being just 5 minutes from vibrant Downtown Austin. Enjoy the ease of being within walking distance to Eanes Elementary School (0.4 miles) / Westlake High School (1 mile) and relish in the fact that both Randall's and HEB are within a short drive, with Randall's just a mile away and HEB a mere 1.8 miles. Situated within a highly desirable neighborhood undergoing substantial transformation, this property captures the essence of West Lake Hills' charm! Recent appraisal based on lot value available upon request.
Unit Size
1,514Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$905
Property Type
House
Property Taxes
$2,277
HOA Dues
-
Year Built
1969
Last updated: 4 months ago (Unlock MLS #ACT9184259)

Price History

Date / Event Date Event Price
Aug 21, 2023 Listed by All Hands Real Estate $1,370,000
Listed by All Hands Real Estate
Discover the boundless potential of this rare opportunity in the heart of West Lake Hills! The visionary owner is open to an enticing financing option, offering a remarkable 2% interest rate over a 30-year term with a 20% down payment (3-year balloon). Boasting a generous lot size of 0.35 acres (15,220 sq ft) and nestled within the esteemed Eanes Independent School District, this parcel presents an exceptional canvas to actualize your dream home with the capability to construct up to 3,800…

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,227
  • Lot Size Depth Feet: 1,770
  • Lot Size Frontage Feet: 880
  • Total Building Area: 3,148
  • Gross Building Area: 3,148
  • Building Area: 2,664
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,664
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTLAKE PARK SEC 2
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 3 WESTLAKE PARK SEC 2

Ownership

  • Current Owner : JCI RESIDENTIAL LLC
  • Previous Owner : ACCOMMODATION TITLEHOLDER INC
  • Owner Before Previous Owner: BARRETT GARY L
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Eanes Independent School District
  • School Tax School District: EANES ISD
  • Census Tract: 001918

Geography

  • Assessors Map Reference: 0111150322
  • Account Number: 110972
  • Parcel: 110972
  • Lot: 3
  • Municipality: CITY OF WEST LAKE HILLS
  • Latitude: 30.2842
  • Longitude: -97.8064

    Address

  • Full Address: 303 Westlake Dr
  • Address - House Number: 303
  • Address - Street Name: Westlake
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: West Lake Hills
  • Carrier Code: C003
  • 4-Digit Zip Code: 5305
  • Zip Code: 78746

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,305
  • Tax Rate Code Area: 39

    Appraisal Valuation

  • Standard Deviation: 0.1873
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 1,306,119
  • High Value: 1,550,851
  • Low Value: 1,061,387

    Market Valuation

  • Market Total Value: $1,595,868
  • Market Land Value: $1,000,000
  • Market Improvement Value: $595,868

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,595,868
  • Assessed Land Value: $1,000,000
  • Assessed Improvements Value: $595,868

    Sales

  • Current Sale Contract Date: Jan 29, 2024
  • Current Sale Recording Date: Jan 30, 2024
  • Current Sale Transaction ID: 11920241771
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9736
  • Previous Sale Recording Date: Aug 03, 2023
  • Previous Sale Contract Date: Jul 20, 2023
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BARRETT GARY
  • Previous Mortgage Transaction Date: Aug 03, 2023
  • Previous Mortgage Loan Type: Seller take-back



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,743 ft²
$950,000 Mar 1, 2023
$855,000 - $1,045,000 May 31, 2023
$707/mo
Townhouse
3 Beds
3 Baths
1,502 ft²
$1,250,000 Apr 28, 2022
$1,125,000 - $1,375,000 Jun 1, 2022
$1,248/mo
House
4 Beds
3 Baths
3,128 ft²
$1,520,000 Nov 19, 2023
$1,368,000 - $1,672,000 Dec 15, 2023
$1,357/mo
House
4 Beds
2 Baths
1,870 ft²
$749/ft²
$1,400,000 Nov 2, 2023
-
-
House
3 Beds
3 Baths
2,840 ft²
$560/ft²
$1,590,000 Nov 16, 2023
-
$726/mo
House
2 Beds
1 Bath
1,056 ft²
$1,136/ft²
$1,200,000 Oct 16, 2023
-
-
House
6 Beds
5 Baths
3,500 ft²
$414/ft²
$1,449,000 Aug 1, 2023
-
-
Land
Loft
-
-
$1,599,000 Jul 12, 2023
-
$3,145/mo

About West Lake Hills


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Nearby Rentals



Frequently Asked Questions

When was property at 303 Westlake Drive built and last sold?
The property at 303 Westlake Drive was built in 1969 and last sold on Jan 29, 2024 for $0.
How much is this home worth?
The estimated value of the home located at 303 Westlake Drive is $1,374,138.
What are some comparable homes to 303 Westlake Drive?
Homes that are comparable to 303 Westlake Drive include a house property at 509 Bee Tree Circle, 850 Forest View Drive, 200 Redbud Trail.

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