Perched in the hills of Westlake Highlands, 2308 Matador Cir offers a rare opportunity to remodel, redevelop, or hold income-producing property in one of Austin’s most coveted pockets. Set on a 0.646-acre lot with no rear neighbors, this elevated homesite enjoys protected, southwest-facing canyon and hill country views—perfectly positioned to capture glowing sunset skies from the back deck. The existing residence spans approximately 2,052 square feet, featuring vaulted ceilings, a dramatic stone fireplace, walls of windows flooding the space with natural light, and a spacious back patio that immerses you in the treetops. The home is in rentable condition and previously leased at $3,250/month, providing excellent interim value while plans for future improvements or new construction are explored. Recent survey and geotechnical reports are available to expedite design work. Located within Austin’s 2-Mile ETJ, the property benefits from: No City of Austin property taxes - Fewer permitting hurdles through Travis County - Greater flexibility for custom builds or renovations Zoned to Eanes ISD (Bridge Point Elementary, Hill Country Middle, Westlake High), this property combines privacy, versatility, and long-term upside just minutes from downtown and Lake Austin