●Deerwood EstatesHomes for Sale

Market Overview for Deerwood Estates

There are 0 active listings in Deerwood Estates and a median sold price of $270K.

Over the past 30 days, 0 homes have sold, with 1 sales in the past 12 months.

About Deerwood Estates

Deerwood Estates is a residential neighborhood in the greater Austin metro area, situated in the San Marcos area within the 78666 zip code in Hays County. The neighborhood is positioned along the I-35, SH 123, Ranch Road 12 corridor and Wonder World Drive, approximately 45-55 minutes via I-35 from downtown Austin. Deerwood Estates is part of the broader San Marcos area residential landscape that has seen ongoing development and population growth as the Austin metropolitan area continues to expand outward from the city core into surrounding communities.

Homes in Deerwood Estates are primarily single-family residences that reflect the development patterns typical of Hays County communities in the San Marcos area. The neighborhood offers housing options ranging from newer construction to established homes, depending on the section and phase of development. Properties in this part of Hays County generally sit on standard suburban lot sizes, with some sections featuring larger homesites. Nearby amenities include H-E-B, Walmart, ALDI, along with restaurants and retail along San Marcos Square and Aquarena Springs Drive.

Deerwood Estates is served by San Marcos CISD. The district operates multiple campuses across the San Marcos area region and serves a growing student population. Residents of Deerwood Estates have access to the district's elementary, middle, and high school campuses within a reasonable commute.

Deerwood Estates residents benefit from proximity to San Marcos River Park and Purgatory Creek Natural Area for outdoor recreation, as well as commercial areas along San Marcos Square for shopping and dining. The commute to downtown Austin from Deerwood Estates is 45-55 minutes via I-35, primarily via I-35 or SH 123. Major employers accessible from the neighborhood include Texas State University and San Marcos CISD, both within a reasonable commuting distance. Grocery shopping is available at nearby H-E-B and Walmart locations. The San Marcos area continues to attract new residents drawn to the combination of residential settings, San Marcos CISD schools, and convenient access to Austin's major employment centers and entertainment districts.

Living in Deerwood Estates

Deerwood Estates provides a residential setting in the San Marcos area of Hays County with access to local amenities, schools, and parks. The San Marcos area location offers proximity to both suburban conveniences and Austin's urban core. Nearby grocery options include H-E-B, Walmart, ALDI, and dining options are available along San Marcos Square and Aquarena Springs Drive. The neighborhood is served by San Marcos CISD, which operates multiple campuses in the area.

The commute to downtown Austin from Deerwood Estates is 45-55 minutes via I-35, primarily using I-35 or SH 123. Residents have access to outdoor recreation at San Marcos River Park and Purgatory Creek Natural Area, and the broader San Marcos area offers additional parks, trails, and green spaces for residents and outdoor enthusiasts. The neighborhood is part of the San Marcos area growth corridor that has seen continued residential development, retail expansion, and infrastructure investment as the Austin metro's population has grown. New commercial services, dining options, and recreational amenities continue to open along major corridors serving the San Marcos area community and its surrounding neighborhoods.

Things to Do in Deerwood Estates

• San Marcos River: Crystal-clear spring-fed river popular for tubing, kayaking, and swimming with multiple outfitters and public access points.
• Tanger Outlets San Marcos: Large outlet shopping center at I-35 with over 100 brand-name stores and restaurants.
• Wonder World Cave & Adventure Park: Show cave formed by an earthquake fault with guided tours, observation tower, and wildlife park.
• Meadows Center at Spring Lake: Glass-bottom boat tours over the headwaters of the San Marcos River with aquatic education center.

Major Employers in Deerwood Estates

• Texas State University (Education): Public university with approximately 44,596 students (fall 2025) and more than 1,700 full-time faculty and 2,300 full-time staff. The facility serves the San Marcos area community and surrounding areas.
• San Marcos CISD (Education): School district serving San Marcos with multiple campuses. The facility serves the San Marcos area community and surrounding areas.
• Tanger Outlets (Retail): Major outlet shopping center employing hundreds in retail and food service.
• Christus Santa Rosa Hospital San Marcos (Healthcare): Full-service hospital serving the San Marcos and Hays County community. The facility serves the San Marcos area community and surrounding areas.

Deerwood Estates Schools

Deerwood Estates is served by San Marcos ISD. Students typically attend Rodriguez Elementary (San Marcos ISD) or Hernandez Elementary or Bowie Elementary for elementary school, Doris Miller Middle School or Goodnight Middle School for middle school, and San Marcos High School for high school.

School District: San Marcos ISD

Public Schools

Pre-Schools

• Primrose School of Bee Cave - Accredited early education center in Bee Cave serving infants through pre-K with structured daily programs.
• The Goddard School - Bee Cave - Play-based learning center on Highway 71 in Bee Cave for ages 6 weeks through 6 years.

Private Schools

• Summit Christian Academy - Private school on Highway 620 in Lakeway serving pre-K through 12th grade with a college-preparatory curriculum.
• Challenger School - Avery Ranch - Independent school with a campus in north Austin offering pre-K through 8th grade with an emphasis on reasoning and academic skills.

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