#1175597, Charlotte Lipscomb, Listing office: Compass RE Texas, LLC
$2,950,000 List price
701 Terrace Mountain Dr West Lake Hills, TX 78746
4 beds
3 full
3,236 sqft
0.6 acres
$912 / sqft
House
Property details
About 701 Terrace Mountain Dr
(*Pictures Friday, showings start Saturday*) You will probably not find a better view on the market. The rare trifecta - a view of the Capitol, Downtown, and the Lake - all visible from the backyard, wrap around porch, dining room, living room, and the master bedroom. One of the few lots with a large, level backyard. Completly remodeled home to maintain the original charm of the storied long-time owner, artist Ruth Borinstein. Her artwork is still dispalyed in the yard and will convey to new owner. Almost everything was renewed in the home to bring it back to life. New roof, new over-engineered septic system (can handle more square footage for future development), new asphalt driveway, new AC systems, new windows, flooring, etc. The residence has plenty of parking for guests and get-togethers (9+ spots comfortably) for the new owners. Live in the home for lifetime or dream up your new planned home while soaking up the amazing views day after day. You will need to see it for yourself to understand.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size3,236 sqft
Lot size0.64 Acres
Year built1977
ParkingAdditional Parking, Asphalt
MLS #5427600
Garage2 spaces
FireplaceBedroom, Living Room
ViewCity, Lake, Panoramic
Summary
- Full Bathrooms: 3
- Appliances: Electric Oven, Cooktop, Down Draft, Dishwasher, Disposal
- Flooring Type: Wood
- Interior: Bookcases, Ceiling Fan(s), Kitchen Island, Main Level Primary, Open Floorplan, Quartz Counters, Recessed Lighting
- Fireplace: Bedroom, Living Room
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Private Pool: No
- Parking: Additional Parking, Asphalt
- Waterfront: None
- View: City, Lake, Panoramic
- Exterior: See Remarks
- Heating: Central
- Cooling: Central Air
- List Price: $2,950,000
- Price/SqFt: $911
- Annual Tax Amount: $7,331
- Tax Year: 2024
- Lot: Back Yard, Cleared, Front Yard, Gentle Sloping, Few Trees
- Directions: head west on Redbud Trail, Righ
- Year Built: 1977
- Stories: 2
- Living Area: 3,236 SqFt
- Lot Size: 0.64 Acres
- MLS Number: 5427600
- MLS Name: ACTRIS
- Office Name: Capital River Realty LLC
- Office Phone: (512) 766-0543
- Listing Agent: Brandon Willin
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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Last updated on: 7/13/2025, 1:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,339,807 | $7,331 |
| 2023 | $2,019,412 | $7,331 |
| 2022 | $1,789,343 | $7,331 |
| 2021 | $930,600 | $6,334 |
| 2019 | $824,606 | $15,557 |
| 2018 | $749,642 | $13,026 |
| 2017 | $681,493 | $12,393 |
History based on county public records data.
Nearby schools
10
Eanes Elementary School
Public District KG-5
1.6 mi
•4101 Bee Caves Rd
10
Casis Elementary School
Public District PK-5
2.0 mi
•2710 Exposition Blvd
7
Valley View Elementary School
Public District KG-5
2.0 mi
•1201 S Capital of Texas Hwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $153,571. Residents of West Lake Hills, TX typically earn between $100k-200k each year. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
6%
<35k
13%
35k-100k
46%
100k-200k
35%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
33%
Single, No Kids
3%
Single, with Kids
43%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
9%
12-17 yrs old
6%
18-34 yrs old
55%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
College Football
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Nordstrom
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 701 Terrace Mountain Dr
The listing price of 701 Terrace Mountain Dr property is $2,950,000.
The property 701 Terrace Mountain Dr is a house located in West Lake Hills, Texas, 78746.
Active Listing: 701 Terrace Mountain Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 701 Terrace Mountain Dr are: Eanes Elementary School (GreatSchools Rating 10/10), Casis Elementary School (GreatSchools Rating 10/10), Valley View Elementary School (GreatSchools Rating 7/10), O. Henry Middle School (GreatSchools Rating 6/10), Hill Country Middle School (GreatSchools Rating 10/10), Helping Hand (GreatSchools Rating 1/10), Westlake High School (GreatSchools Rating 9/10), Austin High School (GreatSchools Rating 8/10), Rosedale (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $7,331 (source: MLS/based on county public records data).
The property at 701 Terrace Mountain Dr has 4 bedrooms and 3 bathrooms.
The property 701 Terrace Mountain Dr is 3,236 SqFt (source: MLS/tax record).
The year of construction for 701 Terrace Mountain Dr is 1977.
This home is located at 701 Terrace Mountain Dr in West Lake Hills, TX and zip code 78746 in the Stonehedge Estates neighborhood. This 3,236 square foot home, which was built in 1977, sits on a 0.64 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $2,950,000.
West Lake Hills, TX housing market in June 2025 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 2 sold below. Between May and June 2025, West Lake Hills, TX real estate market has seen increase in the number of listings by 18.2%. In June 2025 median list price was $2,780,000 and the average listing age was 47 days.
From Rocket Homes Real Estate and based on county public records data.