Market Overview for Teravista

There are 34 active listings in Teravista with a median list price of $497K and a median sold price of $457K.

Homes average 63 days on market.

Over the past 30 days, 13 homes have sold, with 111 sales in the past 12 months.

The average price per square foot is $190.

About Teravista

Teravista is one of Round Rock's largest and most established master-planned communities, encompassing over 1,900 acres in northeast Round Rock along University Boulevard. Developed beginning in the early 2000s by Newland Communities, Teravista has grown to include more than 3,000 homes, making it a self-contained suburban community with its own golf course, extensive amenity centers, parks, and commercial areas.

Homes in Teravista typically range from $350,000 to $650,000 or more, with prices varying by section, lot size, and builder. The community features production homes from builders including Meritage Homes, Lennar, and Taylor Morrison, with architectural styles ranging from traditional Texas to Hill Country contemporary. Sections within Teravista include the Heights, the Reserve, and the golf course neighborhoods, each offering different lot sizes and price points to accommodate a range of buyers.

Teravista is served by Round Rock Independent School District (Round Rock ISD), consistently ranked among the highest-rated school districts in Central Texas. Students typically attend Teravista Elementary, Hopewell Middle School, and Cedar Ridge High School. Cedar Ridge is one of Round Rock ISD's newer high schools with modern facilities and growing academic and athletic programs.

I-35 and University Boulevard provide the primary transportation corridors, with downtown Round Rock within 10 minutes and downtown Austin approximately 25-30 minutes south. The community's location in northeast Round Rock provides convenient access to the growing tech employer base along the I-35 corridor and in nearby Georgetown.

Living in Teravista

Teravista delivers the full master-planned experience at price points that remain accessible for the Austin metro — homes from $350K to $650K+ in Round Rock ISD with a community golf course, multiple amenity centers, pools, parks, and miles of trails. The community's scale, with over 3,000 homes, supports a level of amenity investment and commercial development that smaller neighborhoods cannot match.

Round Rock ISD's Cedar Ridge High School serves the community, and the district's overall reputation as one of Central Texas's strongest is a consistent draw for families. The I-35 corridor connects to downtown Austin in 25-30 minutes, while the Round Rock and Georgetown employment centers are within 10-15 minutes. The Dell Technologies headquarters, major healthcare facilities, and the expanding tech presence along I-35 provide employment options that reduce commute dependence on Austin's urban core.