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$8,252,000

NAL Estimated Property Value

706 Las Lomas Dr, West Lake Hills, TX, 78746

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths7,529 Sq Ft
price_per_sqft$1,141.59 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBar Fridge, Built-In Refrigerator, Dishwasher, Disposal, Free-Standing Freezer, Microwave, Oven, Free-Standing Range, Free-Standing Refrigerator, Wine Cooler, Wine Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Entrance, Private Yard
Lot Size2.23 acres

Building Information

Year Built1991
Stories2
Roof Type104
Garage Spaces6

Land Information

APN01111108630000
Lot Number34-B
SubdivisionLas Lomas Subd Amd Plt Lts 33-35 Bl C Am
Land UseResidential
Legal DescriptionLOT 34-B BLK C LAS LOMAS SUBD AMENDED PLAT LOTS 33-35 BLK C AMENDED PLAT OF LOTS 34-A & 35-A
Census Tract001919
Assessed Land Value$2,516,102
Assessed Improvement Value$2,224,786
Assessment Year2025

About this property

Discreetly perched among heritage oak trees on a hilltop behind a gated entry, this entertainer’s dream home offers unparalleled views of downtown Austin. The soft contemporary residence is a testament to modern luxury, with floor to ceiling windows positioned to embrace both dazzling evening city lights and serene sunrises. Thoughtfully curated open-plan living spaces offer wooden floors, custom stainless-steel staircase, onyx fireplace, zebra wood study, 2,200 bottle wine cellar, handcrafted stained glass kitchen and cocktail bar backsplashes, gourmet and prep kitchen, butler’s pantry with built-in china cabinets, crystal chandeliers, and a granite fountain upon entry. A private wing blends an oversized primary suite with walls of glass, and a cozy niche to a secluded patio. The primary bathroom offers a 14-head walk-in shower, soaking tub, and an audacious designer closet. Inclusive to the 7,574 square foot estate are two, upstairs ensuite bedrooms for family and friends.

Investor Tools

Property Icon
$8,252,000
Estimated Property Value
$925,756Estimated Mortgage Balance
$2,659,045Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$51,570 /month
Positive
Cash Flow Estimate:
$17,190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$8,921/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$65,791
$4,706,310
2025
$2,516,102
$2,224,786
$4,740,888
No

Tax History

Year
Tax Paid
Assessed Value
2024
$65,791
$4,706,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$1,058,000
No
First
Sep 8, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$925,756
$7,010,244
88%
11%
$4,461/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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706 Las Lomas Dr | Property Details | No Agent List