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FOR SALE
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$3,900,000

501 Drawbridge RD, Austin, TX 78746

Est. Mortgage $20,631/mo

5.67

acres

Unimproved Land
5.67 Acres Lot
$687,831/acre
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OVERVIEW

About this lot

Discover an unparalleled opportunity to embrace expansive living on this remarkable site in the Camelot subdivision. Renovate the 1960s single story rock residence, built like a fort, or create something new. It is perfectly situated on over five acres of serene landscape offering privacy in a sought after location. The generous lot size of 5.67 acres opens up a world of possibilities, from creating lush gardens to enjoying outdoor activities. Eanes schools, including Westlake High, and proximity to Barton Creek golf course only serve to make this property even more special. This is a rare chance to own a substantial piece of land in a desirable area, offering both seclusion and convenience. Design your dream home and experience the perfect blend of spaciousness and tranquility designed to cater to a refined way of life.

Listings checked every few minutes. MLS# 1555933 was Last Updated: 06-10-2026.

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

See all homes for sale in Westlake

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. 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 5.67 acres.

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 lots in Westlake?

The asking price of $3,900,000 is 95.5% higher than the median lot price of $2.0M in Westlake.

What are the details of 501 Drawbridge RD?

501 Drawbridge RD sits on 5.67 acres of land, and is a unimproved land style lot.