West Lake Hills is about 10 miles outside of Austin yet it is one of the most exclusive addresses, according to the city’s realtors.
Homes prices start at $600,000 and go all the way up to $30 million, according to Mansion Global, though the average prices are between $1.2 to $1.5 million.
The neighborhood’s demand is credited to its schools and suburb lifestyle while being only a short drive away from the city’s downtown core. The sustaining demand to buy in has also started attracting investors and second-home owners.
“Properties that are coming on the market that look nice and are priced well are selling quickly, often with multiple offers,” said Moreland Properties’ Joanie Capalupo. [Mansion Global] — Erin Hudson