Market Overview for The Homestead

There are 1 active listings in The Homestead with a median list price of $1.6M and a median sold price of $1.1M.

Homes average 10 days on market.

Over the past 30 days, 2 homes have sold, with 15 sales in the past 12 months.

The average price per square foot is $514.

About The Homestead

The Homestead is a residential subdivision located in Bee Cave, Texas, within the 78738 zip code in Travis County. The neighborhood sits south of Highway 71 and west of RR 620, approximately 18 miles west of downtown Austin. The Homestead was developed in the early-to-mid 2000s as a master-planned community with single-family homes arranged along tree-lined streets with cul-de-sacs and maintained common areas. The community is positioned near the Hill Country Galleria and the Shops at the Galleria commercial district, with the Balcones Canyonlands Preserve and Hill Country terrain bordering the area to the west and south.

Home prices in The Homestead typically range from $550,000 to $900,000 depending on lot size, floor plan, and upgrades. Properties include single-family homes of approximately 2,200 to 3,800 square feet on lots averaging 7,000 to 12,000 square feet. Most homes feature four to five bedrooms, two- to three-car garages, and two-story floor plans with open-concept living areas, stone and stucco exteriors, and covered patios. The community includes a neighborhood pool, a playground, and walking trails connecting common areas. The HOA manages amenities, common-area landscaping, and architectural covenants.

The Homestead is served by Lake Travis Independent School District. Students in the area typically attend Bee Cave Elementary School, Bee Cave Middle School, and Lake Travis High School. Bee Cave Elementary serves grades pre-K through 5 with approximately 600 students. Bee Cave Middle School enrolls roughly 800 students in grades 6 through 8. Lake Travis High School serves grades 9 through 12 with over 2,500 students and offers Advanced Placement courses, dual-credit programs, and career and technical education pathways. Lake Travis ISD has received TEA A-ratings in recent evaluation cycles.

Commuters from The Homestead reach downtown Austin in approximately 25 to 35 minutes via Highway 71 to MoPac Expressway or Highway 360. The Hill Country Galleria, located less than 2 miles east, provides retail, dining, a movie theater, and office space. H-E-B on Highway 71 is within a 5-minute drive, and additional grocery options are available along RR 620. The Bee Cave commercial corridor along Highway 71 includes medical offices, banks, restaurants, and fitness facilities. Bee Cave is an incorporated city of approximately 7,000 residents, with city services including parks and a public library.

Living in The Homestead

The Homestead features two-story single-family homes with stone and stucco exteriors on lots averaging 7,000 to 12,000 square feet. Streets include sidewalks and landscaped medians, and the community maintains a neighborhood pool, a playground, and walking trails. Mature live oak and cedar trees provide canopy throughout the neighborhood, and several lots back up to greenbelt buffers along the perimeter. The HOA enforces architectural guidelines and maintains common areas, including entry landscaping and trail corridors. Property tax rates fall under Travis County, City of Bee Cave, and Lake Travis ISD jurisdictions.