For SaleNeutral Deal14 days on market

803 Westlake Dr

803 Westlake Dr, Austin, TX 78746, Austin, TX 78746
$7,500,000

Listing Price

Property image 1
803 Westlake Dr, Austin, TX 78746
Loc: Austin, TX
Days Listed
14
Tax Assessed
$1365k
Lot Size
8.42 acres
Type
lot

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

10

Eanes Elementary School

PK-5
0.7 mi away
10

Hill Country Middle School

6-8
1.2 mi away
9

Westlake High School

9-12
1.2 mi away
Haven Underwritten Market·Weaker DSCR (0.45x)

Austin, TX Investment Analysis (2026)

Cap Rate: 2.77% · Median Rent: $2,950/mo · Effective Tax: 1.8%

Open Austin Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

modernhill countrycontemporaryminimalistluxurymulti-levelwooded landscapeasymmetricalindoor-outdoor livingscenic viewarchitectural renderexpansive lotclean lines

Haven AI Verdict

Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.46%
Total ROI
99.4%
Cash Flow
$1,487/mo
DSCR
1.04
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $1,487/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.

Strengths
  • • Favorable cap rate profile (6.5%)
  • • Strong rental demand in Austin
Considerations
  • • Verify historical operating expenses and local tax assessment
  • • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-09Listed for sale$7,500,000–
2019-09-16Listing removed$4,500,000–
2019-03-09Listed for sale$4,500,000–
2018-01-01Listing removed$5,000,000–
2017-08-18Price change$5,000,000–
2017-07-27Price change$5,100,000–
2017-06-06Price change$5,300,000–
2016-08-25Listed for sale$5,400,000–
2015-07-01Listing removed$5,750,000–
2014-01-31Price change$5,750,000–
2014-01-16Listed for sale$6,000,000–
2013-06-24Listing removed$6,000,000–
2013-01-23Listed for sale$6,000,000–
2012-12-01Listing removed$6,000,000–
2012-08-23Listed for sale$6,000,000–
2008-06-10Listing removed$5,000,000–
2008-04-29Listed for sale$5,000,000–

Tax History

YearProperty TaxTax Assessment
2025$21,543.08$1,364,651
2024$19,353.27$1,219,093
2023$42,927.97$2,777,706
2022$42,873.39$2,607,042
2021$0$1,518,800
2020$24,401.32$1,385,600
2019$24,348.74$1,389,003
2018$23,314.61$1,387,271
2017$23,314.61$1,283,219
2016$21,436.2$1,266,533
2015$21,436.2$1,156,568
2014$21,436.2$1,114,321
2013$0$1,023,009
2012$0$894,426
2011$0$894,426
2010$0$844,099
2009$0$846,929
2008$0$844,988
2007$0$534,810
2006$0$534,810
2005$0$490,080
2002$5,183.94$368,205
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
0
Baths
0
Sq Ft
0

Similar Properties Nearby

Explore other investment opportunities in Austin.