●The HomesteadHomes for Sale

Market Overview for The Homestead

There are 1 active listings in The Homestead with a median list price of $1.8M and a median sold price of $985K.

Homes average 6 days on market.

Over the past 30 days, 0 homes have sold, with 12 sales in the past 12 months.

The average price per square foot is $454.

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 785 students. Bee Cave Middle School enrolls roughly 861 students in grades 6 through 8. Lake Travis High School serves grades 9 through 12 with approximately 3,427 students (2025-26) and offers Advanced Placement courses, dual-credit programs, and career and technical education pathways. Lake Travis ISD earned an "A" overall TEA accountability rating for 2024-25 (90 of 100).

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 9,144 residents at the 2020 census, 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.

The Hill Country Galleria, less than 2 miles east, serves as the primary commercial hub with grocery, dining, retail, and entertainment options. H-E-B on Highway 71 is within a five-minute drive for full-service grocery. Bee Cave Central Park, a 5-acre city park on Bee Cave Parkway, offers a playground, splash pad, and open lawn area for community events. Homestead Park within the subdivision provides additional green space and play areas. Hamilton Pool Preserve, a Travis County park featuring a 50-foot waterfall and natural swimming grotto, is approximately 25 miles west on Hamilton Pool Road. The Bee Cave Public Library on Highway 71 opened in 2019 and offers programming and meeting spaces.

Things to Do in The Homestead

• Hill Country Galleria: Open-air shopping and dining center less than 2 miles east with retail stores, restaurants, a movie theater, and community event space.
• Bee Cave Central Park: 5-acre city park on Bee Cave Parkway with a playground, splash pad, and open lawn area used for community events.
• Hamilton Pool Preserve: Travis County park approximately 25 miles west featuring a 50-foot waterfall and natural swimming grotto. Reservations required during peak season.
• Bee Cave Public Library: Public library on Highway 71 opened in 2019 with meeting rooms, programming for all ages, and study spaces.
• Falconhead Golf Club: 18-hole public golf course in Bee Cave approximately 3 miles south, set among Hill Country terrain with elevation changes.

Major Employers in The Homestead

• Lake Travis ISD (Education): School district operating 11 campuses and serving 10,771 students (2025-26) in the Lake Travis and Bee Cave area.
• Baylor Scott & White Medical Center – Lakeway (Healthcare): 106-bed hospital campus at 100 Medical Parkway off RR 620 in Lakeway, providing emergency, surgical, and specialty care.
• Indeed (Technology): Job search platform with a large Austin office employing over 3,000 workers at the Domain, approximately 25 minutes northeast.
• H-E-B (Grocery/Retail): Texas-based grocery chain with a Bee Cave store on Highway 71 and regional distribution operations based in San Antonio.

The Homestead Schools

The Homestead is served by Lake Travis ISD. Students typically attend Bee Cave Elementary or Lake Pointe Elementary for elementary school, Bee Cave Middle School or Lake Travis Middle School for middle school, and Lake Travis High School for high school.

School District: Lake Travis ISD

Public Schools

Pre-Schools

• Primrose School of Bee Cave - Accredited early education center in Bee Cave serving infants through pre-K with Balanced Learning curriculum.
• The Goddard School - Bee Cave - Licensed preschool and childcare center in Bee Cave offering programs for ages 6 weeks through 6 years.

Private Schools

• The Oakhill Academy - Private school in southwest Austin serving pre-K through 5 with individualized instruction, approximately 10 miles east.
• Regents School of Austin - Classical Christian school on an 82-acre campus at 3230 Travis Country Circle in southwest Austin, serving kindergarten through 12th grade with approximately 1,100 students.

Higher Education

• Concordia University Texas - Private university on a 389-acre campus in northwest Austin offering undergraduate and graduate degrees, approximately 15 minutes northeast.

Frequently Asked Questions