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FOR SALE
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$3,900,000

501 Drawbridge RD, Austin, TX 78746

Est. Mortgage $20,631/mo

5

beds

2

baths

2,466

sqft

5.67

acres

Single Family Residence
Built in 1967
5.67 Acres Lot
2,466 sqft
$1,582/sqft
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OVERVIEW

About this home

Discover a truly exceptional opportunity to embrace expansive living and build your dream home on a remarkable 5.67-acres in Austin, Texas. This property offers a unique blend of privacy and convenience, providing a serene retreat from the bustling city while maintaining easy access to urban amenities. The generous acreage presents endless possibilities, from creating a personal oasis to exploring potential developmental ventures. Renovate the 1960s single story rock residence, built like a fort, or create something new. The home encompasses 2466 square feet of thoughtfully designed living space and is perfectly situated at the top of the lot. Nestled in a desirable Austin location, this property provides a canvas for crafting your ideal living environment. The vast outdoor space invites exploration and enjoyment, promising a harmonious balance with nature. Experience the tranquility and potential that this magnificent acreage provides, a rare find that combines spaciousness with a prime address.

Listings checked every few minutes. MLS# 3266989 was Last Updated: 06-19-2026.

Listed by Allure Real Estate (512) 518-0008

Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

More homes for sale in Westlake

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What is the Westlake neighborhood like?

Westlake refers to the residential community west of Lake Austin in Travis County, defined less by a single municipal boundary than by its shared school district — Eanes ISD — and the two zip codes that cover most of its territory: 78746 and 78733. The area takes its name both from the city of West Lake Hills, a small incorporated city of 3,444 residents (2020 Census) incorporated in 1953 south of Lake Austin, and from its geographic position on the west side of the lake itself.

Explore Westlake

What employers are near 501 Drawbridge RD?

  • Eanes ISD (Education)
  • Omni Barton Creek Resort & Spa (Hospitality)
  • Westlake-area medical and professional offices (Healthcare & Professional Services)

How does this property compare to others in Westlake?

501 Drawbridge RD is listed at $3.9M vs. the $2.0M median in Westlake. The neighborhood average is $814/sqft. Homes in Westlake average 62 days on market.

MetricWestlake
Median List Price$2.0M
Median Sold Price$1.7M
Average Days on Market62
Average Price per Sqft$814
Active Listings146

Market data as of September 2026.

Frequently Asked Questions

How much is 501 Drawbridge RD?

501 Drawbridge RD is listed for $3,900,000. It features 5 bedrooms, 2 bathrooms, 2,466 square feet, 5.67 acres. Built in 1967.

What neighborhood is 501 Drawbridge RD in?

501 Drawbridge RD is located in the Westlake neighborhood of Austin, Texas.

How does 501 Drawbridge RD compare to other homes in Westlake?

The asking price of $3,900,000 is 95.5% higher than the median home price of $2.0M in Westlake. At $1,582/sqft, it compares to the neighborhood average of $814/sqft.

What are the details of 501 Drawbridge RD?

501 Drawbridge RD was built in 1967, and sits on 5.67 acres of land, and is a single family residence style home.