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.
Listed by Brandon Willin
·
License #766226
·
Capital River Realty LLC
·
(512) 766-0543
Last updated October 19, 2025
·
Source: ACTRIS #5427600
Listing Facts
TypeSingle-family
NeighborhoodWest Lake Hills
Bedrooms4
Bathrooms3
Days on Prevu106
Taxes$19,833.14/year
Size3,236 sqft
Price per sqft$858
Amenities
Dishwasher
Private Outdoor Space
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
10/09/2025
Price Decreased
$2,775,000
09/04/2025
Price Decreased
$2,850,000
07/10/2025
Listed by Capital River Realty LLC
$2,950,000
Property Details for 701 Terrace Mountain DR
Association
Amenities
Community Features: See Remarks
Exterior
Construction
Property Condition: Updated/Remodeled
Roof: Shingle
Window Features: Bay Window(s), Display Window(s)
Year Built: 1977
Construction Materials: Cedar
Exterior Features: See Remarks
Features
Direction Faces: East
Fencing: See Remarks
Other Structures: See Remarks
Patio And Porch Features: Covered, Deck, Rear Porch, Wrap Around
View: City, Downtown, Lake, Panoramic, Skyline
Measurements
Lot Features: Back Yard, Cleared, Few Trees, Front Yard, Gentle Sloping
Lot Size Acres: 0.64
Lot Size Area: 0
Lot Size Square Feet: 27,878
Financial
Taxes
Parcel Number: 01191304210000
Tax Annual Amount: $19,833.14
Tax Assessed Value: $1,339,807.00
Tax Year: 2025
Interior
Features
Appliances: Built-In Electric Oven, Cooktop, Dishwasher, Disposal, Down Draft
Fireplace Features: Bedroom, Living Room
Fireplaces Total: 2
Flooring: Wood
Interior Features: Bookcases, Ceiling Fan(s), Quartz Counters, Kitchen Island, Open Floorplan, Primary Bedroom On Main, Recessed Lighting
Measurements
Living Area: 3,236
Living Area Source: Public Records
Rooms
Bathrooms Full: 3
Bathrooms Total Integer: 3
Bedrooms Total: 4
Main Level Bedrooms: 2
Other
Environmental
Green Energy Efficient: See Remarks
Location
Subdivision Name: Stonehedge Estates
Tax Block: N
Tax Lot: 12
Parking
Parking
Covered Spaces: 2
Garage Spaces: 2
Parking Features: Additional Parking, Asphalt
Parking Total: 9
Schools
Elementary School
Elementary School: Eanes
Elementary School District: Eanes ISD
High School
High School: Westlake
High School District: Eanes ISD
Middle or Junior School
Middle Or Junior School: Hill Country
Middle Or Junior School District: Eanes ISD
Utilities
Equipment
Cooling: Central Air
Heating: Central
Sewer: Aerobic Septic
Utilities: See Remarks
Water Source: Public
Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.