$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
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
Features Curbs, Suburban
View None
Is Waterfront No
Waterfront None
Has Pool No

Interior

Fireplace No

Exterior

Exterior Features Exterior Steps, Private Yard
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

Listing Map

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