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$2,195,000

509 Terrace Mountain Dr, West Lake Hills, TX, 78746

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,249 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$675.59 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Refrigerator, Cooktop, Dryer, Dishwasher, Disposal, See Remarks, Washer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Yard, See Remarks
Lot Size33,106 sqft

Building Information

Year Built1970
Stories2
Roof Type112
Garage Spaces3

Land Information

APN01191304320000
Lot Number1
SubdivisionStonehedge Estates Blk M
Land UseResidential
Legal DescriptionLOT 1 BLK M STONEHEDGE ESTATES BLK M
Census Tract001918
Assessed Land Value$913,965
Assessed Improvement Value$1,563,543
Assessment Year2025

About this property

A Quiet Retreat in West Lake Hills Positioned on a secluded 0.76-acre homesite in prestigious West Lake Hills, this thoughtfully reimagined residence blends contemporary design with the natural beauty of the Texas Hill Country. Offering 4 bedrooms, 3.5 bathrooms, and 3,249 square feet, the home is oriented to capture expansive canyon views while creating a seamless connection between its sophisticated interiors and inviting outdoor spaces. Floor-to-ceiling windows, warm natural finishes, and clean architectural lines are complemented by multiple terraces, a resort-inspired lap pool, and thoughtfully curated native landscaping anchored by mature oaks. Together, they create a rare sense of quiet, privacy, and solitude, where the home's refined interiors and outdoor living spaces feel effortlessly connected to the surrounding canyon landscape. Located just minutes from downtown Austin and within acclaimed Eanes ISD, 509 Terrace Mountain Drive offers a unique opportunity to experience one of West Lake Hills' most coveted settings.

Investor Tools

$330,250Estimated Mortgage Balance
$2,235,750Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,396 /month
Positive
Cash Flow Estimate:
$5,132 /month

Interested in this property?

Chad Mize

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,537/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$29,617
$2,477,508
2025
$913,965
$1,563,543
$2,477,508
No

Tax History

Year
Tax Paid
Assessed Value
2024
$29,617
$2,477,508

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plainscapital Bank
Unknown
$301,200
No
First
Jun 26, 2008
Jun 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$330,250
$2,235,750
87%
13%
$3,787/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: West Lake Hills

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