Market Overview for Zip Code 78724
There are 94 active listings in Zip Code 78724 with a median list price of $373K and a median sold price of $367K.
Homes average 50 days on market.
Over the past 30 days, 12 homes have sold, with 144 sales in the past 12 months.
The average price per square foot is $227.
About Zip Code 78724
Zip code 78724 covers the Harris Branch and Colony Park areas of northeast Austin and unincorporated eastern Travis County, approximately 10 miles northeast of downtown. The zip code is bounded roughly by US-290 to the south, SH-130 to the east, FM 973 to the north, and Ed Bluestein Boulevard/Decker Lane to the west. The terrain is flat to gently rolling Blackland Prairie with Walter E. Long Lake (Decker Lake), a 1,269-acre city-owned reservoir, occupying the central-eastern portion of the zip code. Development includes the Harris Branch master-planned community, the Colony Park neighborhood, and scattered rural properties along FM 969 (Martin Luther King Jr. Boulevard East).
Real estate in 78724 is among the most affordable in the Austin city limits. The median home price is approximately $325K. Harris Branch, the largest subdivision, offers single-family homes from $275K for three-bedroom models to $450K for five-bedroom properties. Colony Park, a historically African American community dating to the mid-20th century, has older homes on larger lots from $200K to $350K. Rural acreage properties east of Decker Lane range from $300K to $600K. New apartment complexes along Harris Branch Parkway offer two-bedroom units from $1,200 to $1,600. The area has attracted national builders including KB Home, Lennar, and D.R. Horton, and continued development is expected as Austin expands eastward.
Students in 78724 are split among multiple school districts depending on location. Manor ISD serves the northern portions, with campuses including Manor Elementary, Manor Middle School, and Manor High School. Del Valle ISD covers the southern sections. Austin ISD serves some western areas. Manor ISD has experienced rapid enrollment growth, adding new campuses to keep pace with residential development. The district offers career and technology programs, dual-language instruction, and a New Tech High School model emphasizing project-based learning.
The 78724 zip code is served by SH-130 (a north-south toll road), US-290, and FM 969. Downtown Austin is approximately 20 minutes west via US-290. Austin-Bergstrom Airport is about 20 minutes south via SH-130. Walter E. Long Metropolitan Park on the reservoir provides camping, boating, fishing, and a new disc golf course. The Colony Park District Plan, a city-led master plan, envisions a mixed-use town center with retail, housing, and community facilities on 208 acres of city-owned land. Samsung Austin Semiconductor and the broader east Austin industrial corridor along SH-130 provide nearby employment opportunities.
Living in Zip Code 78724
Median household income is approximately $55,000, below the Austin metro average but reflective of the area's affordability and younger workforce. Many residents commute west to jobs in central Austin, the tech campuses along Parmer Lane, or the Samsung and Tesla facilities. Colony Park, one of Austin's oldest African American communities, has a strong sense of cultural identity and active civic organizations that have advocated for improved infrastructure, transit access, and commercial development.
Walter E. Long Metropolitan Park (Decker Lake) is the primary recreational asset in 78724, offering a 1,269-acre reservoir with public boat ramps, fishing piers, and designated swimming areas. The park also has a camping area, 18-hole disc golf course, and picnic pavilions. The Travis County Expo Center on Decker Lane hosts the Star of Texas Fair and Rodeo, livestock shows, and community events. Dining and retail within 78724 are limited, with most commercial activity centered on FM 969 and Harris Branch Parkway. Grocery shopping requires a trip to the H-E-B on Ed Bluestein or the Walmart on US-290, each about 10 minutes west. The Austin city government's Colony Park District Plan aims to address the lack of neighborhood retail by developing a mixed-use center with grocery, medical, and community space on 208 acres of city-owned land.
Things to Do in Zip Code 78724
- Walter E. Long Metropolitan Park: 1,269-acre reservoir (Decker Lake) with boat ramps, fishing piers, swimming, camping, and an 18-hole disc golf course.
- Travis County Expo Center: Event venue on Decker Lane hosting the Star of Texas Fair and Rodeo, livestock shows, and flea markets.
- Colony Park Community Garden: Neighborhood community garden on Loyola Lane maintained by local residents and the Sustainable Food Center.
- Decker Creek Bike Trail: Paved trail along Decker Creek connecting Harris Branch neighborhoods to Walter E. Long Park.
- Pioneer Farms (Austin's Colony): Living history farm on Sprinkle Cut Off Road with seasonal events, heritage breed animals, and school field trips.
Major Employers in Zip Code 78724
- Samsung Austin Semiconductor (Manufacturing): Semiconductor fab on East Parmer Lane employing over 3,000 workers, accessible via SH-130.
- Manor ISD (Education): School district serving approximately 12,000 students across multiple campuses with over 1,600 employees.
- Travis County Expo Center (Events): County-owned event facility on Decker Lane hosting rodeos, fairs, and community events with seasonal staff.
- Amazon Distribution (Logistics): Distribution facilities along SH-130 corridor employing several hundred workers in package sorting and delivery.
Zip Code 78724 Schools
78724 is served by Manor ISD, Del Valle ISD, and portions of Austin ISD depending on location.
School District: Manor ISD / Austin ISD
Public Schools
Manor Independent School District
Del Valle Independent School District
Austin Independent School District
Pre-Schools
- Manor ISD Pre-K - Free public pre-K at Manor Elementary for qualifying households.
- Del Valle ISD Pre-K - Free public pre-K at Hornsby-Dunlap for qualifying households.
Private Schools
- Harmony Science Academy - Charter school on Ed Bluestein serving K through 12 with STEM-focused curriculum.
Frequently Asked Questions
Where is zip code 78724?
78724 covers the Harris Branch and Colony Park areas in northeast Austin, approximately 10 miles northeast of downtown, centered around Walter E. Long Lake.
What do homes cost in 78724?
The median home price is approximately $325K. Harris Branch homes range from $275K to $450K, Colony Park from $200K to $350K, and rural acreage from $300K to $600K.
What school districts serve 78724?
78724 is split among Manor ISD, Del Valle ISD, and parts of Austin ISD. Manor ISD serves the largest portion with a growing campus network.
Is there a lake in 78724?
Walter E. Long Lake (Decker Lake) is a 1,269-acre city-owned reservoir in 78724 with public boat ramps, fishing, swimming, and camping at the metropolitan park.
How far is 78724 from downtown Austin?
78724 is approximately 10 miles and 20 minutes from downtown Austin via US-290. SH-130 provides toll road access to the airport (20 minutes) and Round Rock (25 minutes).
