●Canyon RidgeHomes for Sale

Market Overview for Canyon Ridge

There are 2 active listings in Canyon Ridge with a median list price of $937K and a median sold price of $905K.

Homes average 48 days on market.

Over the past 30 days, 0 homes have sold, with 3 sales in the past 12 months.

The average price per square foot is $262.

About Canyon Ridge

Canyon Ridge is a residential neighborhood located in the Bee Cave and Lakeway area of western Travis County, Texas, served by Lake Travis Independent School District. The community sits west of Austin along the SH 71 and RR 620 corridors, approximately 18 miles from downtown. Homes in Canyon Ridge occupy terrain typical of the Texas Hill Country, with elevation changes, exposed limestone outcroppings, and mature live oak and juniper tree cover that provides shade and privacy between lots. The neighborhood falls within the 78738 zip code and is part of the broader Lake Travis residential corridor that has grown steadily since the early 2000s as employment centers expanded westward from central Austin. Bee Cave, the nearest incorporated city, was established as a small Hill Country settlement named after a cave of wild bees and has since developed into a suburban hub with retail, office, and residential growth concentrated along the SH 71 and RR 620 intersection.

Housing in Canyon Ridge consists primarily of single-family homes built in the 2000s and 2010s, with square footage generally ranging from 2,200 to 4,000 square feet on lots of one-quarter to one-half acre. Construction materials include limestone veneer, stucco, and composition roofing consistent with Hill Country residential design standards. Floor plans typically feature open-concept living areas, covered patios, and two- to three-car garages. Properties in the area trade in a range that reflects the broader Bee Cave and Lakeway market, where median home prices have remained above $600,000 in recent years. Some lots along the neighborhood edges back to undeveloped Hill Country terrain, providing unobstructed views and added separation between properties. Interior streets follow the natural topography rather than a grid pattern, and cul-de-sacs are common, limiting through traffic and creating a quieter residential environment.

Canyon Ridge is zoned to Lake Travis ISD, which operates 11 campuses and serves 10,771 students (2025-26). Students in the neighborhood attend Hill Country Elementary for grades pre-K through 5, then feed into Lake Travis ISD middle schools including Bee Cave Middle School, which is rated 5 out of 5 stars by SchoolDigger with high proficiency rates in reading and math. Lake Travis High School enrolls approximately 3,427 students (2025-26) in grades 9 through 12 and has a four-year graduation rate of 95.5 percent (class of 2024), with Advanced Placement courses, dual-credit partnerships, and career and technical education pathways available. The average SAT score for Lake Travis High graduates was 1,154 for the 2022-2023 class, and the average ACT score was 25.4. The district has received consistent TEA accountability ratings and ranks among the higher-performing districts in the greater Austin metro area.

The Bee Cave commercial corridor along RR 620 and SH 71 provides daily services within a 5- to 10-minute drive. Hill Country Galleria, a 1.3-million-square-foot mixed-use center anchored by Whole Foods Market, Dillard's, and Dick's Sporting Goods, sits nearby with over 100 retail and dining tenants plus 285,000 square feet of Class A office space, 300,000 square feet of apartments, and 50 acres of green space. H-E-B operates a full-service grocery location on RR 620 in Lakeway. Medical services are available at Baylor Scott & White Medical Center in Lakeway, a full-service hospital with emergency, surgical, and outpatient departments. Commuters reach downtown Austin in 25 to 40 minutes via SH 71 east to MoPac Expressway or RR 620 to Loop 360, depending on traffic conditions and time of day. Capital Metro does not currently serve the Lake Travis corridor, so personal vehicles are the primary mode of commuting.

Living in Canyon Ridge

Canyon Ridge offers a residential setting defined by Hill Country topography, with homes positioned along sloped lots that provide varying degrees of elevation and tree coverage. Streets follow the natural contour of the terrain, and many properties feature xeriscaped front yards with native grasses and drought-tolerant plantings suited to the local semi-arid climate. The neighborhood is within the Bee Cave extraterritorial jurisdiction, and property tax rates combine Travis County, Lake Travis ISD, and applicable special district levies. HOA dues cover common-area maintenance including entry features, street landscaping, and neighborhood signage. Water service in the area is typically provided by the West Travis County Public Utility Agency or Lakeway Municipal Utility District, and residents are subject to Stage-based watering restrictions during dry periods consistent with LCRA water management guidelines.

Day-to-day life centers on the commercial areas along RR 620 and SH 71, where grocery shopping, dining, and errands are handled within a short drive. Bee Cave Central Park, a 50-acre public park with live oak groves and open meadows, provides walking paths and green space for joggers and dog walkers. The Bee Cave Sculpture Park spans 7 acres with rotating outdoor installations, a children's play area, a pond, and shaded walking paths. Lake Travis, an 18,929-acre reservoir managed by the Lower Colorado River Authority, is accessible for boating, swimming, and fishing at several public parks and marinas within 15 minutes. Boat rentals are available at Lakeway Marina and Emerald Point Marina. Residents use the area's trail networks for hiking and cycling, including the Hamilton Greenbelt with creek-side paths and birding overlooks. The Lake Travis Zipline Adventure offers seven zip lines covering distances from 250 to 2,000 feet on the lakeshore, and Hamilton Pool Preserve, approximately 20 minutes west, provides a natural swimming grotto with a $15 per vehicle entrance fee and required reservations.

Things to Do in Canyon Ridge

• Bee Cave Central Park: 50-acre public park with live oak groves, open meadows, and walking paths. Free admission and open daily.
• Lake Travis: 18,929-acre reservoir managed by LCRA with public access at multiple parks and marinas. Boat rentals available at Lakeway Marina and Emerald Point Marina.
• Bee Cave Sculpture Park: 7-acre outdoor sculpture park with rotating installations, a children's play area, a pond, and shaded walking paths. Free admission.
• Hill Country Galleria: Open-air mixed-use center at the intersection of RR 620 and SH 71 with over 100 shops and restaurants, a live music amphitheater, and seasonal community events.
• Hamilton Pool Preserve: Travis County park approximately 20 minutes west featuring a natural grotto and swimming hole. Reservations required; $15 per vehicle entrance fee.
• Lake Travis Zipline Adventures: Zip line course on the Lake Travis shore with 7 lines ranging from 250 to 2,000 feet. Sessions last approximately 2 hours.

Major Employers in Canyon Ridge

• Lake Travis ISD (Education): School district employing over 1,800 staff across 11 campuses in the Lake Travis corridor.
• Baylor Scott & White Medical Center - Lakeway (Healthcare): Full-service hospital on RR 620 in Lakeway employing over 400 staff.
• Hill Country Galleria (Retail/Mixed-Use): 1.3-million-square-foot mixed-use center in Bee Cave with 285,000 square feet of Class A office space and over 100 retail tenants.
• H-E-B (Grocery/Retail): Texas-based grocery chain with a Lakeway location on RR 620 and distribution operations across the Austin metro area.

Canyon Ridge Schools

Canyon Ridge is served by Lake Travis ISD, which operates 11 campuses and enrolls 10,771 students (2025-26) with consistent TEA A ratings and a four-year graduation rate of 95.5 percent (class of 2024).

School District: Lake Travis ISD

Public Schools

Pre-Schools

• Primrose School of Bee Cave - Accredited early education center serving infants through pre-K with Balanced Learning curriculum.
• KLA Schools of Sweetwater - Reggio Emilia-inspired preschool in the Lakeway and Bee Cave area serving children ages 6 weeks through pre-K.
• Kiddie Academy of Bee Cave - Educational childcare center offering programs from infants through school-age using the Life Essentials curriculum.

Private Schools

• Summit Christian Academy - Lake Travis - Private school in the Lake Travis area serving pre-K through 8 with small class sizes.
• Challenger School - Lakeway - Private school in Lakeway serving pre-K through 8 with focus on academics and independent reasoning.

Higher Education

• Concordia University Texas - Private university on a 389-acre campus along SH 71 offering undergraduate and graduate programs, approximately 10 miles east.

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