Stratford Drive in Austin recorded significant luxury home sales at the end of October, with two properties off the street ranking as the city’s most expensive transactions last week. Both homes are located in Westlake Hills’ Bluffington section, according to information from the Eklund Gomes team.
The first property, located at 2702 Valley Springs Road—a small drive branching off Stratford—was listed for $6.5 million, or about $2,500 per square foot. Built in 1964, this three-bedroom, three-bathroom house sits on a 1.6-acre lot and features 303 feet of waterfront access along with a natural cave formation. The home offers an unobstructed view of the Austin skyline across the water.
Kirk Lewis of Kuper Sotheby’s International Realty described the property as a “remodel opportunity.” County records show that the property had remained within one family since its construction. Bassett Maguire inherited it from Marjorie Maguire in 2010 and sold it to Rachel Maguire earlier this year. The buyer has not been identified.
The sale was completed quickly; the property went under contract in just 16 days. This is notably faster than average for Austin’s luxury market, where high-end homes typically spend around 90 days on the market, making it one of the slowest luxury markets nationally according to Redfin.
The second highest-priced sale last week was at 2505 Stratford Drive, about half a mile away from Valley Springs Road. This four-bedroom, four-bathroom contemporary glass-and-concrete home measures 5,000 square feet and was last listed for $4.25 million—about $800 per square foot—after being initially listed for $5 million in June and receiving a price reduction on October 12 according to Zillow data.
Built in 2009 on half an acre and also offering downtown views, this listing was handled by Dave van Heuven of van Heuven Properties alongside Deacon Shields of RA Residential.
Final sales prices for both properties have not been disclosed.
Recent reports indicate that some high-value residential properties in Texas have seen price reductions before selling, reflecting broader trends in local real estate markets such as those documented by Heyl Homes’ Barton Creek mansion topping recent Austin sales after similar adjustments.
