$1,175,000

Property Overview

This Trail of the Madrones property in Westlake Hills offers something increasingly rare in Austin's luxury market: a substantial 23,809-square-foot lot with dramatic canyon views and significant development potential. Currently occupied by a 1970s home last updated in the 1990s, the land itself is the star—positioned to capture sweeping natural vistas across a pristine backdrop while remaining minutes from shopping, dining, and downtown. At $709 per square foot, this offering sits meaningfully below the neighborhood median, pricing the land and canyon views at exceptional value for Westlake Hills.

The property's true appeal lies in its blank-canvas opportunity. Buyers can renovate the existing structure, expand thoughtfully, or pursue complete redevelopment to craft a custom estate reflective of their vision. The adjacent spec-built home with over 4,500 square feet and pool demonstrates the caliber of construction possible on lots of this caliber. Situated within the prestigious Eanes Independent School District boundaries, 2717 Trail of the Madrones combines educational excellence with Hill Country serenity—a compelling intersection rarely available at this price point in this address.

Vox Residential Insight

The Vox Residential team recognizes this as a genuine value play in Westlake Hills, where canyon-view lots rarely hit the market, especially at below-median pricing that reflects development potential rather than diminished appeal. This is the kind of property serious builders and owner-developers circle, making the 58-day listing window an opportunity window before it attracts the right buyer.

Agent Description

Tucked away on a quiet street in a stellar location, this exceptional canyon-view home presents a rare opportunity to create something truly special. Perched above a sweeping natural backdrop, the property captures breathtaking views and peaceful surroundings that feel worlds away—yet remain just minutes from everything you need. The existing 1970s home was last updated in the 90's and provides a unique opportunity for renovation or redevelopment, allowing you to reimagine the space or start fresh and design the custom home you’ve always envisioned. With its prime positioning, serene canyon views, and unbeatable location, this is your chance to secure a premier lot and bring your dream home to life. The adjacent home was built as a spec home with over 4,500 sqft with a pool, offering an example of possibilities with a tear-down and new design. Located within the highly acclaimed Eanes Independent School District, this homesite offers access to some of the area’s top-rated schools, adding long-term value to an already remarkable setting.

Neighborhood: Westlake Hills

This property is located in Westlake Hills, Austin, TX. The area is known for Eanes ISD Schools, Lake Austin Views, Luxury Estates, Hill Country Setting, Premier Address.

At $709/sqft, this listing is priced 12% below the Westlake Hills median of $806/sqft.

Property Details

Listing data last updated: May 19, 2026

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