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Buyer Guide
Westlake TX
2026
New Construction vs Resale – Westlake TX Buyer Guide for 2026The Overlook at Westlake brings 48 new luxury homes to one of Austin’s scarcest land markets. How does new construction compare to resale in Westlake right now — and which path is right for your situation? 
Tammy Davison
REALTOR® · Published May 18 · Updated May 18
Should Westlake TX buyers choose new construction or resale in 2026? New construction at The Overlook offers Eanes ISD access, modern floor plans, and builder warranties at $2.85M–$5M. However, lot options are limited, and move-in timelines stretch into late 2026. Resale, on the other hand, offers more location variety, faster close timelines, and negotiating room in the current market. In addition, resale gives buyers more flexibility on location within the district. Ultimately, the right choice depends on your timeline, price point, and how much the section premium matters to your long-term hold strategy. 
New construction in Westlake Hills is genuinely rare. The combination of steep terrain, established neighborhoods, and limited undeveloped land means new homes come to market in meaningful quantities maybe once a decade. The Overlook at Westlake — 48 homes from MileStone Community Builders priced from $2.85M to $5M, with move-ins expected in late 2026 — is one of those rare moments. That does not mean new construction is automatically the right choice. Resale homes in Westlake offer advantages that new construction cannot match in every situation. Here is a clear-eyed comparison of both paths in 2026. New construction — The Overlook at Westlake
MileStone Community Builders is developing 48 single-family homes in the 78746 zip code, all inside Eanes ISD boundaries. Floor plans run from approximately 3,800 to 5,500 square feet. Prices start at $2.85M and reach $5M on premium lots. Move-ins are scheduled for late 2026, meaning buyers who contract now are purchasing on a forward timeline.
Resale homes — the 2026 market
The Westlake resale market in 2026 is buyer-favorable by historical standards. With approximately 11+ months of supply, a sale-to-list ratio near 91%, and median days on market around 71, buyers have real negotiating leverage on price, terms, and concessions — particularly on homes that have been sitting 90+ days.
The decision framework
Frequently asked questions
The Overlook at Westlake is the most significant new construction event in this market in years and deserves serious consideration from buyers in the $2.85M–$5M range with flexible timelines. But the 2026 resale market is also buyer-favorable in ways that are rare for Westlake — motivated sellers, extended days on market, and real negotiating room exist across the resale inventory in ways the builder market will not match. The right answer is specific to your timeline, budget, and section priorities. In Westlake TX, new construction and resale are not competing options — they are different answers to different questions, and the right one depends entirely on which question you are actually asking. Tammy Davison — REALTOR® | Realty Austin | Compass RE Texas
512.888.8161 ·
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