Market Overview for Zip Code 78737
There are 110 active listings in Zip Code 78737 with a median list price of $1.0M and a median sold price of $843K.
Homes average 43 days on market.
Over the past 30 days, 17 homes have sold, with 356 sales in the past 12 months.
The average price per square foot is $359.
About Zip Code 78737
Zip code 78737 covers a rapidly growing area in southern Travis County and northern Hays County, roughly 18 to 24 miles southwest of downtown Austin. The area includes the master-planned communities of Belterra and Ledge Stone, as well as the Bear Creek and Thomas Springs areas along Highway 290 between Oak Hill and Dripping Springs. The terrain is classic Hill Country with rolling limestone hills, seasonal creek beds, scattered live oaks, and open grassland. The area has transitioned from predominantly ranch land to residential development over the past two decades, with national homebuilders opening multiple subdivisions along the 290 corridor.
Real estate in 78737 is heavily weighted toward newer construction in master-planned communities. Belterra, the largest community, has approximately 2,500 homes and lots, with single-family houses from 1,800 to 4,000 square feet. Prices in Belterra range from $425K for smaller three-bedroom homes to $800K for larger five-bedroom properties on premium lots. Ledge Stone features homes from $450K to $750K with views of the surrounding Hill Country. Older ranch properties and custom homes on 2 to 20 acre tracts are also available, ranging from $500K to $1.5 million. The median home price across 78737 is approximately $550K. The community continues to add new sections with active builder inventory.
Students in 78737 attend Dripping Springs ISD, a district serving approximately 8,000 students across multiple campuses. Belterra has Rooster Springs Elementary within the community, and other elementary campuses include Sycamore Springs Elementary. Dripping Springs Middle School covers 6th through 8th grade. Dripping Springs High School, the sole high school in the district, enrolls approximately 2,000 students and has earned recognition for academic performance, with above-average SAT and ACT scores and competitive UIL programs in academics, athletics, and fine arts.
Highway 290 is the primary transportation corridor through 78737, connecting east to Austin and west to Dripping Springs and Johnson City. The drive to downtown Austin is typically 30 to 45 minutes depending on traffic, with the highway widening projects along 290 aimed at reducing congestion. The Thomas Springs Road and Nutty Brown Road intersections along 290 provide local access. Commercial development within 78737 is growing but still limited, with the Belterra Village shopping center providing an H-E-B, CVS, restaurants, and local retail. The Hill Country Galleria in Bee Cave is about 15 minutes north on Highway 71.
Living in Zip Code 78737
Belterra and the surrounding communities attract buyers seeking new construction homes with Dripping Springs ISD schools at prices below the closer-in west Austin zip codes. Median household income in 78737 is approximately $120,000, reflecting the dual-income professional households that predominate in the master-planned communities. Many residents commute to offices in downtown Austin, the MoPac corridor, or the southwest Austin technology campuses. The community is growing rapidly, with new sections of homes and commercial development added each year.
Belterra HOA operates a community pool, fitness center, playgrounds, sports courts, and miles of walking trails through the Hill Country terrain. The community also has a stocked fishing pond and a dog park. Belterra Village shopping center, anchored by H-E-B, provides daily needs without driving into Austin. The Nutty Brown Amphitheatre on Highway 290, a well-known outdoor music venue, hosts live concerts and events throughout the year. The Dripping Springs area, about 10 minutes west, has developed a craft beverage scene with distilleries including Deep Eddy Vodka, Treaty Oak Distilling, and Desert Door sotol. Hamilton Pool Preserve, a Travis County natural area featuring a 50-foot waterfall and collapsed grotto swimming hole, is about 25 minutes west and requires reservations during peak season.
Things to Do in Zip Code 78737
- Nutty Brown Amphitheatre: Outdoor music venue on Highway 290 hosting live concerts, comedy shows, and community events throughout the year.
- Hamilton Pool Preserve: Travis County natural area about 25 minutes west featuring a 50-foot waterfall and collapsed grotto swimming hole. Reservations required in peak season.
- Belterra Village: Shopping center within the community anchored by H-E-B, with restaurants, a coffee shop, and local retail.
- Dripping Springs Distillery Trail: Collection of craft distilleries including Deep Eddy Vodka, Treaty Oak Distilling, and Desert Door on Ranch Road 12.
- Pedernales Falls State Park: State park about 35 minutes west with swimming, tubing on the Pedernales River, hiking, and camping on 5,200 acres.
Major Employers in Zip Code 78737
- Dripping Springs ISD (Education): Largest employer in the area with approximately 1,200 staff across its campuses and facilities.
- H-E-B (Retail/Grocery): Texas-based grocer with a full-service store at Belterra Village and another in Dripping Springs.
- Treaty Oak Distilling (Beverage Manufacturing): Craft distillery on Highway 290 near Dripping Springs producing whiskey, gin, and rum with a restaurant and event venue.
- Travis County (Government): County services including EMS, sheriff, parks, and road maintenance with distributed staff across the area.
- Baylor Scott & White (Healthcare): Healthcare system with clinics in the Dripping Springs and Bee Cave areas serving the growing population.
Zip Code 78737 Schools
78737 is served by Dripping Springs ISD, a well-regarded district with approximately 8,000 students and strong academic performance.
School District: Dripping Springs ISD
Public Schools
Dripping Springs Independent School District
Austin Independent School District
Hays Consolidated Independent School District
Pre-Schools
- Kiddie Academy of Belterra - Licensed childcare and early learning center within the Belterra Village commercial area.
- Dripping Springs KinderCare - Childcare center near the Dripping Springs town center, about 10 minutes west.
Private Schools
- Veritas Academy - Classical Christian school in southwest Austin offering pre-K through 12th grade, about 15 minutes east.
- Hill Country Christian School Dripping Springs - Private school near Dripping Springs serving elementary and middle school students.
Frequently Asked Questions
What school district is 78737 in?
78737 is served by Dripping Springs ISD, which has approximately 8,000 students. Dripping Springs High School is the sole high school in the district with about 2,000 students.
What is the median home price in 78737?
The median home price in 78737 is approximately $550K. Belterra homes range from $425K to $800K, while older ranch properties and custom homes on acreage can reach $1.5 million.
How far is 78737 from downtown Austin?
78737 is 18 to 24 miles southwest of downtown Austin. Commute times run 30 to 45 minutes via Highway 290 to MoPac, depending on traffic and location.
What is Belterra in Austin?
Belterra is a master-planned community of approximately 2,500 homes in 78737 with an H-E-B-anchored shopping village, community pool, fitness center, trails, and Dripping Springs ISD schools.
Are there distilleries near 78737?
The Dripping Springs area about 10 minutes west has multiple craft distilleries including Deep Eddy Vodka, Treaty Oak Distilling, and Desert Door sotol. Tasting rooms and tours are open to the public.
