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Crystal Olenbush

512-344-6000
  • 3823 Westlake Drive

  • $5,300,000 REDUCED
  • 0.84 Acres Land Austin, TX 78746

An exceptional Lake Austin waterfront opportunity offering rare entitlements and outstanding development potential. This close-in waterfront lot features approximately 100 feet of shoreline, with 70 feet of usable waterfront, and conveys long-standing entitlements dating back to 1915. The property presents a unique chance to build a legacy estate with breathtaking Lake Austin views in one of Austin’s most desirable waterfront corridors. Buyers may take advantage of existing, permit-ready plans or pursue a fully custom design tailored to their vision, all within a setting that offers both privacy and proximity to the city’s premier amenities. A truly rare offering where history, scale, and location converge to create an unparalleled waterfront homesite on Lake Austin. Potential Owner Financing with Below-Market Interest Rates.

View More Properties in the 78746 Zip Code. View More Properties in the Eanes School District.

Essential Information

  • MLS® #3470342
  • Price$5,300,000
  • Bathrooms0.00
  • Acres0.84
  • TypeLand
  • Sub-TypeMultiple Parcels
  • StatusActive Under Contract

Community Information

  • Address3823 Westlake Drive
  • SubdivisionLake Shore Add
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78746

Amenities

  • UtilitiesElectricity Available
  • FeaturesNone
  • ViewLake, River
  • Is WaterfrontYes
  • WaterfrontLake Front, Stream

Exterior

  • Exterior FeaturesDock

Lot Description

Many Trees, See Remarks, Sloped Down, Xeriscape

School Information

  • DistrictEanes ISD
  • ElementaryBridge Point
  • MiddleHill Country
  • HighWestlake

Additional Information

  • ZoningUnknown

Map & Directions

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Price Change History for 3823 Westlake Drive, Austin, TX (MLS® #3470342)

Date Details Price Change
Price Reduced $5,300,000 $575,000 (9.79%)
Price Reduced $5,875,000 $624,000 (9.60%)
Price Reduced $6,499,000 $401,000 (5.81%)
Price Increased (from $5,995,000) $6,900,000 $905,000 (15.10%)

Property Listed by: Kuper Sotheby's Int'l Realty

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 5th, 2026 at 5:30am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.