Market Overview for Highland Creek Lake

There are 2 active listings in Highland Creek Lake with a median list price of $509K and a median sold price of $400K.

Homes average 98 days on market.

Over the past 30 days, 1 homes have sold, with 3 sales in the past 12 months.

The average price per square foot is $216.

About Highland Creek Lake

Highland Creek Lakes is a residential subdivision located in the Dripping Springs area of Hays County, Texas, within the 78620 zip code. The neighborhood is part of the broader Deer Creek Ranch area, situated along Panorama Drive and Lake Park Drive approximately 25 miles southwest of downtown Austin. The subdivision has been developed over three decades, with homes ranging from older construction to recent new builds on remaining vacant lots. Highland Creek Lakes sits in the Texas Hill Country with rolling limestone terrain and scattered live oak and juniper trees.

Home prices in Highland Creek Lakes typically range from $400,000 to over $700,000 depending on lot size, home condition, and whether the property is new construction or a resale. Lots average approximately one-quarter acre, which is smaller than many Dripping Springs subdivisions where acreage properties are common. Homes range from roughly 1,400 to 3,200 square feet with three to five bedrooms. Construction styles vary due to the multi-decade buildout, with newer homes featuring modern floor plans and older properties reflecting 1990s-era Hill Country architecture with limestone and stucco exteriors. Some sections of the neighborhood have paved roads while others use gravel or unpaved surfaces.

Highland Creek Lakes is served by Lake Travis Independent School District. Lake Travis ISD operates eleven campuses serving approximately 11,500 students across western Travis County and portions of Hays County. Students in the area typically attend one of the district's seven elementary schools based on address zoning, Hudson Bend Middle School or Bee Cave Middle School, and Lake Travis High School. Lake Travis High School enrolls over 3,000 students in grades 9 through 12 and offers Advanced Placement courses, dual-credit programs, and career and technical education pathways.

Commuters from Highland Creek Lakes reach downtown Austin in approximately 30 to 40 minutes via US 290 East to MoPac Expressway or via RM 12 and SH 71. The Dripping Springs commercial district along US 290 provides grocery shopping at H-E-B, restaurants, and medical offices within a 10-minute drive. Bee Cave, located approximately 15 miles northeast on RM 12, offers additional retail and dining at the Hill Country Galleria. The property tax rate for Highland Creek Lakes is approximately 1.61 percent as of the 2024 tax year, covering Hays County and Lake Travis ISD assessments.

Living in Highland Creek Lake

Highland Creek Lakes features homes on quarter-acre lots with a mix of paved and unpaved roads reflecting the subdivision's multi-decade development timeline. Newer construction homes sit alongside 1990s-era properties, creating variety in architectural styles from modern Hill Country to traditional limestone-and-stucco designs. The terrain is rolling with native live oak and juniper coverage throughout the neighborhood. There is no formal HOA, and the relaxed structure allows for variation in fencing, landscaping, and outbuilding placement. Property tax rates cover Hays County and Lake Travis ISD jurisdictions, totaling approximately 1.61 percent of assessed value.