West Lake Hills is a small town of about 3,500 people in Texas, with a luxury price point at the top end of the residential market.
| State | Texas |
|---|---|
| Population | 3,500 |
| Median home value | $1,200,000 |
| Active listings | 29 |
| Median across Texas communities we track | $315,000 |
The West Lake Hills housing market
At $1,200,000, the median home value here runs roughly 281% above the median across the 58 communities we track in Texas — this is one of the more expensive addresses in the state.
Inventory is thin — roughly 29 active listings at last count. In a market this small, a single well-priced listing can draw multiple offers, and waiting for more selection often means waiting months.
Search homes in West Lake Hills
Current listings for West Lake Hills are maintained on the following site:
- Luxury homes for sale in West Lake Hills — westlakehillsluxuryhomes.com
These are external sites operated independently of 1PropertyHub. We do not control their listings, pricing, or availability, and we are not a party to any transaction arising from them.
Buying in West Lake Hills
Luxury inventory turns slowly by design. Expect longer marketing periods, a smaller buyer pool, and jumbo or portfolio financing rather than agency loans.
Before you make an offer, work out what the monthly payment actually looks like at this price level. Our mortgage calculator includes property tax, insurance, and mortgage insurance rather than just principal and interest, and the affordability calculator solves backwards from your income to a purchase price a lender would support. If you are weighing a purchase against continuing to rent, the rent vs buy calculator accounts for transaction costs on both ends.
Investing in West Lake Hills
For rental investors, the questions here are rent-to-price ratio, the property tax burden, insurance cost, and the depth of the tenant pool at this population size. Underwrite with honest vacancy, management, maintenance, and capital reserves rather than rent minus mortgage — see our cash flow calculator and the rental underwriting guide. Verify short-term rental rules with the municipality before assuming any STR strategy will be permitted.
Nearby communities in Texas
- Mount Vernon, TX
- La Grange, TX
- Pittsburg, TX
- Dripping Springs, TX
- Terrell Hills, TX
- Cooper, TX
- Mineola, TX
- Itasca, TX
Frequently asked questions
What is the median home value in West Lake Hills, TX?
The median home value in West Lake Hills is approximately $1,200,000. At $1,200,000, the median home value here runs roughly 281% above the median across the 58 communities we track in Texas — this is one of the more expensive addresses in the state. Values move with the market and vary widely by neighborhood, condition, and lot — treat this as a starting point and verify against recent closed sales before pricing an offer.
How many homes are for sale in West Lake Hills?
There were roughly 29 active listings at last count. Inventory is thin — roughly 29 active listings at last count. In a market this small, a single well-priced listing can draw multiple offers, and waiting for more selection often means waiting months. For current inventory, see Luxury homes for sale in West Lake Hills.
What should I know before buying in West Lake Hills?
Luxury inventory turns slowly by design. Expect longer marketing periods, a smaller buyer pool, and jumbo or portfolio financing rather than agency loans. Beyond the property itself, confirm the property tax rate and any exemptions with the county assessor, and get an insurance quote before you are under contract — both vary far more by location than buyers expect. Our Texas state guide covers closing practice and property law.