For our ongoing series Homes in the Range, real-estate analytics site NeighborhoodX is taking a close look at sales prices ranges in different Austin neighborhoods.
Today's analysis focuses on West Lake Hills. West Lake Hills 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 south 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.)
NeighborhoodX found that the average price for West Lake Hills is $401/square feet, but there is a considerable range of highs and lows that take off in both directions.
At the low end is this quirky compound at 314 Eanes School Road, which costs $244/square foot.
At the high end is a property that, we should note, has been on the market for almost four months: the 9,900-square-foot 3148 Above Stratford Place, at $1,389/square feet.
You can view NeighborhoodX's full, interactive chart at the link below.
• 3146 Above Stratford Place [Christie's International Real Estate]
• 314 Eanes School Road [Redfin]
• Austin Homes in the Range: West Lake Hills [NeighborhoodX]