Austin Market Guide

What do homes cost in Westlake (78746), Austin?

Westlake (ZIP 78746) is the most expensive major ZIP in the Austin area. In the 12 months ending September 2026, 310 homes sold there at a median $1,868,500, or $565 per square foot, in a median 37 days. 266 sold for $1 million or more and 80 for $3 million or more.

12 months ending September 2026

$1.87M Median sale price
310 Sales, 12 mo.
$565 Median price per sq ft
37 days Median days on market

Where Westlake is

Westlake is the hill country directly west of downtown, across Lady Bird Lake and the MoPac corridor, centered on Bee Caves Road and Loop 360. It takes in the City of West Lake Hills, Rollingwood, Davenport Ranch, Rob Roy and much of the Lake Austin shoreline. Most of 78746 is served by Eanes ISD.

What sold in the last 12 months

  • 310 sales of houses, condos and townhomes, median $1,868,500.
  • 266 sales at $1 million or more; 80 at $3 million or more.
  • Top sale: about $12.1 million.
  • Median 37 days on market; homes closed at 95% of final list price.

Within 78746, gated Rob Roy had 23 sales at a median $2,175,000, and Lake Austin waterfront estates sit at the very top of the range.

How Westlake compares

Tarrytown (78703) had a $1.3 million median at a higher $614 per square foot, because its lots and homes are smaller. Barton Creek had 109 sales at a $918,000 median with a top sale above $12 million. See Tarrytown and Austin luxury prices by tier.

What drives value in Westlake

Views across the hills or downtown skyline, lot size and usability on steep terrain, proximity to Bee Caves Road and Loop 360, and whether a home is original 1970s or 1980s construction or a modern rebuild. Original homes on prime lots frequently sell as rebuild opportunities.

Source: MJ McFarland's analysis of Unlock MLS (ACTRIS) closed sales of single-family homes, condos and townhomes, October 2025 through September 2026. Leases excluded. Figures are medians unless noted.

Frequently Asked Questions

What is the median home price in Westlake, Austin?

In Westlake, ZIP 78746, the median sale price was $1,868,500 across 310 sales of houses, condos and townhomes in the 12 months ending September 2026, based on Unlock MLS closed sales. That is about $565 per square foot. Detached houses alone run higher than the overall median, since condos and townhomes pull it down.

How many homes sell above $3 million in Westlake?

80 homes in ZIP 78746 sold for $3 million or more in the 12 months ending September 2026, out of 310 total sales. That is about a quarter of the market, the deepest $3M+ market of any Austin ZIP. The top sale closed at about $12.1 million.

What school district is Westlake in?

Most of ZIP 78746, including the City of West Lake Hills and Rollingwood, is in Eanes Independent School District, though a few edges of the ZIP fall in Austin ISD. Always confirm the district for a specific address with the district's own boundary tool, since ZIP and district lines differ.

Is Rob Roy in Westlake?

Yes. Rob Roy is a gated community off Bee Caves Road in the 78746 Westlake area, known for large hillside lots and views. In the 12 months ending September 2026, 23 homes sold there at a median $2,175,000, with 20 above $1 million and a top sale of about $3.9 million.

How fast do homes sell in Westlake?

Quickly when priced right. Westlake 78746 homes had a median 37 days on market in the 12 months ending September 2026 and closed at 95% of final list price. The fastest sales are updated homes under $2.5 million; estates above $5 million take longer because the buyer pool is smaller.

Is West Lake Hills the same as Westlake?

Not exactly. West Lake Hills is a small incorporated city of its own. "Westlake" is the broader name people use for the 78746 area, which also includes Rollingwood, unincorporated neighborhoods and parts of the City of Austin. City limits affect taxes, permitting and services, so check which applies to a given address.

Work With MJ

(512) 717-1567 [email protected]

MJ McFarland, Principal | Broker Associate
Christie's International Real Estate · 1105 N Lamar Ste 100, Austin, TX 78703
TX License 07001832 (TX)