Market Overview for Zip Code 78669
There are 258 active listings in Zip Code 78669 with a median list price of $950K and a median sold price of $739K.
Homes average 133 days on market.
Over the past 30 days, 43 homes have sold, with 228 sales in the past 12 months.
The average price per square foot is $385.
About Zip Code 78669
Zip code 78669 covers Bee Cave and portions of Lakeway in western Travis County, approximately 18 miles west of downtown Austin along State Highway 71 and Ranch Road 620. The area sits within the Texas Hill Country at elevations ranging from 700 to 1,000 feet, with terrain marked by limestone bluffs, live oak canopies, and direct access to Lake Travis, a 63-mile-long Colorado River reservoir managed by the Lower Colorado River Authority. Bee Cave incorporated in 1987 and has grown from a rural crossroads to a retail and residential hub anchored by the Hill Country Galleria mixed-use development.
Real estate in 78669 spans a wide price range, from townhomes and condominiums near the Galleria starting around $350K to lakefront estates on Lake Travis exceeding $3 million. The median home price is approximately $650K. Master-planned communities include Falconhead, Spanish Oaks, and The Backyard at Bee Cave, with single-family homes ranging from $500K to $1.5 million. Lots in Spanish Oaks average one to three acres and many homes exceed 4,000 square feet. The Lakeway portion of the zip code features golf course communities such as Lakeway proper and Rough Hollow, with homes from $450K to $2 million. New construction remains active along SH-71 and Hamilton Pool Road.
Students in 78669 attend Lake Travis ISD, a highly rated district serving approximately 12,000 students across 13 campuses. Elementary schools in this zip code include Bee Cave Elementary, Lake Pointe Elementary, and Lakeway Elementary. Hudson Bend Middle School and Lake Travis Middle School serve the intermediate grades, and Lake Travis High School handles 9th through 12th. Lake Travis High School is recognized for its state championship football program with multiple UIL 6A titles and a National Merit Scholar count that regularly places it among the top schools in Central Texas.
Bee Cave and Lakeway are connected to downtown Austin by SH-71 and Loop 360 (Capital of Texas Highway), with commute times of 25 to 40 minutes depending on traffic. Austin-Bergstrom International Airport is approximately 30 minutes southeast. The Hill Country Galleria serves as the area's commercial center with over 100 shops, restaurants, and a 14-screen cinema. Medical facilities include Baylor Scott & White Lakeway and Austin Regional Clinic locations. Lake Travis itself provides year-round boating, with multiple public marinas and ramps within the zip code, including Lakeway Marina and Mansfield Dam Park.
Living in Zip Code 78669
The population of 78669 consists primarily of affluent families and professionals, with a median household income exceeding $130,000. Many residents work in technology, finance, and professional services in downtown Austin or along the SH-360 corridor. The median age is approximately 40, and the area has a high concentration of families with school-age children drawn by Lake Travis ISD. Homeownership rates exceed 75 percent. The communities of Bee Cave and Lakeway maintain separate municipal governments, each with distinct park systems, community events, and local ordinances. HOAs are common throughout the zip code and manage community amenities including pools, tennis courts, and trail systems.
