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Off market
  • Tax assessed value
    $3,653,284

    1616 Westlake Dr, Austin, TX 78746

    --beds
    --baths
    2.86Acres
    Unimproved Land
    Built in ----
    2.86 Acres Lot
    $-- Zestimate®
    $--/sqft
    $2,765 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,765/mo

    Zestimate® history
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    $24,295/mo

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    What's special

    Unique vantage point

    Experience an unparalleled opportunity to own a prestigious slice of Westlake Hills, boasting breathtaking panoramic city and lake views. This exceptional 2.86-acre lot offers a unique vantage point and an unmatched canvas for your custom-designed residential masterpiece. Nestled within the renowned Westlake community, this property stands as a beacon of exclusivity and seclusion, providing a serene escape without sacrificing proximity to the vibrant heartbeat of downtown Austin. Included in this offering are plans by A Parallel Architects for an exquisite 8,500 sqft home, expertly designed to maximize the incredible views and privacy afforded by this lot. Furthermore, the lot's grandfathered status permits the construction of a surrounding wall, enhancing privacy and security. As an added bonus, a grass tennis court can become a hard court, providing a unique recreational element that is extremely rare. With this extraordinary backdrop, residents will enjoy a harmonious blend of natural beauty and urban sophistication, embodying the epitome of Austin luxury living. The tranquil environment, juxtaposed with the convenience of city life, ensures a daily experience that seamlessly integrates the best of both worlds. Nestled in the heart of Westlake Hills, where the city and lake views demand attention, the opportunity to create a home here is an invitation to set a new standard of prestigious living. With nature as your canvas and the allure of the city just moments away, this site is not just a location, but a gateway to a life of exquisite fulfillment and architectural distinction.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Source: Kuper Sotheby's International Realty,MLS#: Q998QN

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 2.86 Acres
    Details
    • Parcel number: 117342

    Community & HOA

    Location
    • Region: Austin

    Financial & listing details

    • Tax assessed value: $3,653,284
    • Annual tax amount: $59,835
    • Date on market: 5/10/2024
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    7/23/2025Listing removed--
    Source: Kuper Sotheby's International Realty #Q998QN Report a problem
    3/28/2025Price change--
    Source: Kuper Sotheby's International Realty #Q998QN Report a problem
    1/14/2025Price change$8,500,000-15%
    Source: Kuper Sotheby's International Realty #Q998QN Report a problem
    5/16/2024Price change$10,000,000+163.9%
    Source: Kuper Sotheby's International Realty #Q998QN Report a problem
    5/10/2024Listed for sale--
    Source: Kuper Sotheby's International Realty #Q998QN Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    9/17/2018Listing removed$3,790,000
    Source: Owner Report a problem
    6/25/2018Price change$3,790,000+8.3%
    Source: Owner Report a problem
    6/22/2018Listed for sale$3,500,000-7.7%
    Source: Owner Report a problem
    1/11/2017Listing removed$3,790,000
    Source: Engel & Volkers Austin Westlake #5276135 Report a problem
    7/21/2016Listed for sale$3,790,000
    Source: Engel & Volkers Austin #5276135 Report a problem
    12/27/2015Listing removed$3,790,000
    Source: Owner Report a problem
    11/8/2015Price change$3,790,000-1.6%
    Source: Owner Report a problem
    10/21/2015Listed for sale$3,850,000
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$59,835 -9.5%$3,653,284 -8.8%
    2024$66,087 -11.5%$4,007,887 -13.6%
    2023$74,645 +1.1%$4,639,656 +7.6%
    2022$73,803 $4,310,882 +64.9%
    2021-- $2,613,470 +14.9%
    2020$41,971 +0.3%$2,274,770
    2019$41,832 +92.6%$2,274,770 +70.6%
    2018$21,717 $1,333,503 +10%
    2017$21,717 +31.3%$1,212,275 +10%
    2016$16,546 $1,102,068 +10%
    2015$16,546 $1,001,880 +10%
    2014$16,546 $910,800 +10%
    2013-- $828,000 +10%
    2012-- $752,727 +2.5%
    2011-- $734,392 -8.4%
    2010-- $801,669 +10%
    2009-- $728,790 +10%
    2008-- $662,536 +10%
    2007-- $602,305 +10%
    2006-- $547,550 +10%
    2005-- $497,773 -1.8%
    2002$11,295 $507,126
    Find assessor info on the county website

    Neighborhood: 78746

    Nearby schools

    GreatSchools rating