Market Overview for Westlake Terrace

There are 1 active listings in Westlake Terrace with a median list price of $1.6M and a median sold price of $1.6M.

Over the past 30 days, 0 homes have sold, with 2 sales in the past 12 months.

The average price per square foot is $633.

About Westlake Terrace

Westlake Terrace is a residential neighborhood located in the city of West Lake Hills, Texas, within the 78746 zip code in Travis County. The neighborhood sits south of Bee Caves Road (FM 2244) and east of Walsh Tarlton Lane, approximately 6 miles west of downtown Austin. West Lake Hills is an independent municipality incorporated in 1953, surrounded by Austin on most sides and bordered by Rollingwood to the east. Westlake Terrace occupies a hillside setting with terrain typical of the Balcones Escarpment, featuring limestone geology, live oak and juniper tree cover, and sloping lots.

Homes in Westlake Terrace consist of single-family residences built primarily from the 1960s through the 1980s, with selective teardowns and rebuilds occurring in recent years. Lot sizes typically range from 10,000 to 20,000 square feet. Resale prices generally range from $900,000 to $2,000,000 depending on lot size, condition, and whether the original structure has been replaced or renovated. Original homes range from 1,800 to 2,800 square feet, while newer construction can exceed 4,000 square feet. Exterior materials include limestone, brick, and wood siding with composition or standing-seam metal roofs.

Westlake Terrace is served by Eanes Independent School District, which operates nine campuses. Students in the area are typically zoned to Eanes Elementary School, West Ridge Middle School, and Westlake High School. Eanes Elementary enrolls approximately 500 students in grades pre-K through 5. West Ridge Middle School serves grades 6 through 8 with roughly 900 students. Westlake High School enrolls over 2,600 students in grades 9 through 12 and offers more than 30 Advanced Placement courses. Eanes ISD has maintained TEA Met Standard ratings across its campuses.

Commuters from Westlake Terrace reach downtown Austin in approximately 10 to 15 minutes via Bee Caves Road to MoPac Expressway or via Loop 360 (Capital of Texas Highway). The Westlake and Barton Creek commercial corridors along Bee Caves Road and Loop 360 include grocery stores, restaurants, medical offices, and professional services within a 5-minute drive. Barton Creek Square Mall at Loop 360 and MoPac is roughly 3 miles east. The Barton Creek Greenbelt trailhead system is accessible within 2 miles to the east.

Living in Westlake Terrace

Westlake Terrace sits on sloped terrain with homes positioned to take advantage of elevation changes common in the Balcones Escarpment zone. Lot sizes and setbacks exceed those found in most central Austin neighborhoods, contributing to lower density and more canopy cover per parcel. The West Lake Hills city government provides police services, zoning enforcement, and road maintenance for the area. Property tax rates include West Lake Hills city taxes and Eanes ISD taxes, with combined rates among the higher in the metro area due to the Eanes ISD rate. The city enforces tree preservation ordinances that restrict the removal of Heritage oaks and other protected species.