West Lake Hills TX Commercial for Sale

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Type:
Office
Sq.Ft.:
8,191
Status:
Active
Beds:
n/a
Lot size:
2.47 Acres
Year built:
1985
Baths:
MLS#:
5628753

ADDITIONAL INFORMATION

We are pleased to offer individual buildings in Westlake Village for sale for the first time since their construction. There are three individual buildings for sale: Building A, Building B and Building C. Each building is approximately 8,300 square feet and offers a mix of vacant space for an owner occupant and leased space providing income for the building owner. Bee Cave Road and Westlake Drive is the “Main and Main” intersection of West Lake Hills. The households surrounding Westlake Village have some of the highest average incomes and net worth in the entire Austin metro area. The residential real estate prices are also some of the highest in the Austin area, commonly exceeding $1,000 per square foot. Stand alone buildings on Bee Cave Road are very rarely available for purchase. Most commercial properties are held for generations. Westlake Village is ideally suited for office or medical office owner/users that want to own their own building and see the potential for value appreciation in this location. A condominium regime will be created to manage the exterior common areas of the project (parking lot, signage, landscaping, etc.). Each individual building owner will have complete control over the interior improvements to their building and will have input on improvements to the exteriors of each building and common areas of the project. Buyers may elect to hire the same company managing the common areas to manage their building, collect rents and pay bills.

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Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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West Lake Hills Real Estate

The median home value in West Lake Hills, TX is $2,223,900. This is higher than the county median home value of $524,300. The national median home value is $338,100. The average price of homes sold in West Lake Hills, TX is $2,223,900. Approximately 85.29% of West Lake Hills homes are owned, compared to 11.49% rented, while 3.23% are vacant. West Lake Hills real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a West Lake Hills real estate agent to arrange a tour today!

West Lake Hills, Texas has a population of 3,373. West Lake Hills is less family-centric than the surrounding county with 36.35% of the households containing married families with children. The county average for households married with children is 36.42%.

The median household income in West Lake Hills, Texas is $191,667. The median household income for the surrounding county is $85,043 compared to the national median of $69,021. The median age of people living in West Lake Hills is 49.4 years.

West Lake Hills Weather

The average high temperature in July is 95.2 degrees, with an average low temperature in January of 38.6 degrees. The average rainfall is approximately 35.1 inches per year, with 0.5 inches of snow per year.

West Lake Hills Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    23
    30-day change

West Lake Hills Schools and Demographics

Education near West Lake Hills, TX

Metric City County
High School Graduates 99.52 90.64
College Degree - 2 year 5.96 5.54
College Degree - 4 year 83.13 52.7
Graduate Degree 25.42 14.01
Expenditures per Student 19,780 19,780
Students per Teacher 14.5 14.5

Elementary Schools near West Lake Hills, TX

School Grades Students P/T Ratio ZIP
Bridge Point Elementary KG - 05 744 14.1 78746
Bryker Woods Elementary School PK - 06 393 15.2 78703
Casis Elementary School PK - 05 806 16.1 78703
Cedar Creek Elementary School KG - 05 474 13.5 78746
Doss Elementary School PK - 05 919 16.4 78731
Eanes Elementary School PK - 05 678 13.8 78746
Forest Trail Elementary School KG - 05 591 12.7 78746
Highland Park Elementary School PK - 05 640 15.9 78731
Lee Elementary School PK - 06 390 15.2 78705
Mathews Elementary School PK - 06 410 14.8 78703
Oak Hill Elementary School PK - 05 803 15.8 78735
Padron Elementary PK - 05 693 15.1 78703
Valley View Elementary School KG - 05 493 11 78746

Middle Schools near West Lake Hills, TX

School Grades Students P/T Ratio ZIP
Hill Country Middle School 06 - 08 1,001 15.3 78746
Murchison Middle School 06 - 08 1,363 15.2 78731
O Henry Middle School 06 - 08 891 14.4 78703

High Schools near West Lake Hills, TX

School Grades Students P/T Ratio ZIP
Austin High School 09 - 12 2,085 16.6 78703
Westlake High School 09 - 12 2,541 14.3 78746

Ungraded Schools near West Lake Hills, TX

School Grades Students P/T Ratio ZIP
* Adult Transition Services 12 - 12 40 9.7 78746
Southeast Middle UG - UG 0 78703
Westlake Alter UG - UG 0 78746

Demographics near West Lake Hills, TX

Metric City County
Neighborhood Type
Population 3,373 1,267,795
Population Density 932 1,278
Median Age 49.4 34.9
People per Household 2.7 2.4
Median Household Income 191,667 85,043
Average Income per Capita 102,423 49,191