$3,750,000
2 bd · 2 ba · 1,472 sqft
2934-2938 Westlake Cv, Austin, TX 78746
2934-2938 Westlake Cv, Austin, TX 78746 is a 2-bedroom, 2-bathroom single family residence listed at $3,750,000 ($2548/sqft). 1,472 sqft. Built in 1968. Located in Westlake Hills, Austin TX. Priced 186% above the Westlake Hills median of $891/sqft. MLS #4018702. Listed by Phillip Way, Broker.
Property Overview
Rare opportunity to own two interior lots totaling 1.08 wooded acres in Lago Villa, an exclusive gated community of just 16 homes on Lake Austin in Westlake Hills. The existing 1,472-square-foot residence with two bedrooms and baths serves as a guest house, rental, or foundation for development, while the adjoining lot provides flexibility for builders seeking prime real estate in Austin's most prestigious address. Combined with direct lake access and two included boat slips at the community dock, this property captures the tranquility of Hill Country living mere minutes from Westlake schools and amenities.
The wooded lots slope gently toward the water, offering natural privacy and mature trees that frame views of Lake Austin. Central heating and cooling, an open floor plan, and two-car garage provide solid bones for those considering renovation or development options. Eanes ISD schools, premium location, and community fishing access enhance the appeal for discerning buyers seeking escape and investment potential.
Vox Real Estate Insight
At Vox Real Estate, we recognize that Lago Villa's gated setting and limited inventory of just 16 homes makes this one of Westlake Hills' most exclusive opportunities, where the combination of existing structures, buildable potential, and lakefront amenities is rarely available. For developers and buyers who understand the long-term value of Lake Austin proximity and Eanes ISD positioning, this property's extended market time reflects its unique positioning rather than any lack of appeal.
Agent Description
2934/2938 WESTLAKE CV, AUSTIN, TX 78746. Lago Villa. This 2/2/2 1,472 sf house offers seclusion and 2 interior lots (not lakefront, but with direct lake access) include a total of 1.08 wooded acres. Sitting adjacent to direct lake access with a community boat dock, two boat slips are included (one per lot). House could be used as a guest house, rental, or tear down for new build. These lots are being sold together but buyer would be able to build one or two new houses. Great location in a gated community with 16 lots total (6 interior, 10 lakefront). Buy and build your new lakeview home at Lake Austin.
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 $2548/sqft, this listing is priced 186% above the Westlake Hills median of $891/sqft.
Property Details
| Property Type | Single Family Residence |
| Year Built | 1968 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Living Area | 1,472 sqft |
| Lot Size | 1.08 acres |
| Price / Sqft | $2,548 |
| Stories | Two |
| Condition | Resale |
| Subdivision | Lago Villa |
| County | Travis |
| MLS Area | 8E |
| Listed | Mar 16, 2024 |
| MLS # | 4018702 |
| Listed By | Phillip Way, Broker |
Interior
| Flooring | Carpet, Tile |
| Appliances | Electric Cooktop, Microwave, Refrigerator |
| Interior Features | Two Primary Baths, Laminate Counters, Interior Steps, Open Floorplan |
| Laundry | Laundry Closet |
| Main-Level Bedrooms | 1 |
Systems & Utilities
| Cooling | Central Air |
| Heating | Central, Wood Stove |
| Utilities | Electricity Connected, Sewer Available, Water Connected |
| Water Source | Public |
| Sewer | Septic Tank |
Exterior & Lot
| Foundation | Slab |
| Exterior Features | Exterior Steps |
| Patio & Porch | Terrace |
| Lot Features | Interior Lot, Sloped Down, Steep Slope, Trees-Medium (20 Ft - 40 Ft) |
| View | Trees/Woods, Water |
| Faces | Southeast |
Parking
| Parking Spaces | 2 |
| Garage Spaces | 2 |
| Parking Features | Asphalt, Garage |
Community & HOA
| HOA | Yes |
| HOA Name | Lago Villa |
| HOA Fee | $5,000 / Annually |
| Fee Includes | Common Area Maintenance |
| Community Features | Fishing, Lake |
| Security | Key Card Entry |
Assigned Schools
| Elementary | Bridge Point |
| Middle | Hill Country |
| High | Westlake |
| District | Eanes ISD |
Taxes & Legal
| Tax Year | 2022 |
| Assessed Value | $1,000,000 |
| Parcel # | 01230902410000 |
| Legal Description | LOT 1 LAGO VILLA AMD LOTS 4 & 5, and LOT 2 LAGO VILLA AMD LOTS 4 & 5 |
| FEMA Flood Plain | Yes-500 yr |
| In ETJ | No |
| Disclosures | Seller Disclosure |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 2934-2938 Westlake Cv, Austin, TX 78746?
This property is listed at $3,750,000, which is $2548 per square foot. That is 186% above the Westlake Hills area median of $891/sqft.
How many bedrooms and bathrooms does 2934-2938 Westlake Cv, Austin, TX 78746 have?
This home has 2 bedrooms and 2 bathrooms, with 1,472 square feet of living space.
When was 2934-2938 Westlake Cv, Austin, TX 78746 built?
This property was built in 1968, making it 58 years old.
What neighborhood is 2934-2938 Westlake Cv, Austin, TX 78746 in?
This property is in Westlake Hills, Austin, TX. The area is known for eanes isd schools, lake austin views, luxury estates.
How long has 2934-2938 Westlake Cv, Austin, TX 78746 been on the market?
This listing has been on the market for 879 days.
What type of property is 2934-2938 Westlake Cv, Austin, TX 78746?
This is a Single Family Residence on a 47,044.8 sqft lot.