$1,370,000
303 Westlake Drive, West Lake Hills, TX
0.35
Acres
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.
Facts & Features
ListingFeed | abor_vow |
---|---|
MLS® # | 4841161 |
List Price | $1,370,000 |
Sale Price | $945,000 |
Sale Date | January 29th, 2024 |
Bathrooms | 0.00 |
Acres | 0.35 |
Type | Lots and Acreage |
Sub-Type | Unimproved Land |
Status | Closed |
Community Information
Address | 303 Westlake Drive |
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Subdivision | Westlake Park Sec 02 |
City | West Lake Hills |
County | Travis |
State | TX |
Zip Code | 78746 |
Amenities
Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
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Features | Curbs, Suburban |
View | None |
Is Waterfront | No |
Waterfront | None |
Has Pool | No |
Interior
Fireplace | No |
---|
Exterior
Exterior Features | Exterior Steps, Private Yard |
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Lot Description | Back Yard, Level, Few Trees, Trees Large Size |
School Information
District | Eanes ISD |
---|---|
Elementary | Eanes |
Middle | Hill Country |
High | Westlake |
Additional Information
Foreclosure | No |
---|---|
Short Sale | No |
RE / Bank Owned | No |