In an ongoing series for Curbed Austin, real-estate analytics site NeighborhoodX is taking a close look at sales price asking ranges per square foot in different neighborhoods.
Today's analysis focuses on West Lake Hills, which is a bit more difficult to define than most neighborhoods in Austin. The separately incorporated city of West Lake Hills has specific and somewhat wonky boundaries within the area between the Colorado River/Lake Austin on the east and Highway 360 on the west, with the Wild Basin wilderness above and Rollingwood and Westlake drives marking the southern boundary, sort of.
More generally, Austinites—particularly real-estate professionals—tend to refer to areas between the river and 360 (and occasionally even west of 360) from MoPac to northerly points as "Westlake." (Then a lot of them like to argue about it.)
The current average listing price is $441 per square foot, although the individual properties that comprise this average range widely, from $180/square foot (1821 Westlake Drive #105, a luxe-looking condo asking $395,000) to $1,259/square foot (900 Live Oak Circle, an architecturally distinctive home on four acres called The Floating Box House).