Market Overview for Zip Code 78733
There are 33 active listings in Zip Code 78733 with a median list price of $1.8M and a median sold price of $1.1M.
Homes average 45 days on market.
Over the past 30 days, 6 homes have sold, with 85 sales in the past 12 months.
The average price per square foot is $765.
About Zip Code 78733
Zip code 78733 covers a section of west Austin that includes the neighborhoods of Rob Roy, Cuernavaca, Lost Creek, and portions of the FM 2222 and Bee Caves Road (FM 2244) corridors. The area is positioned roughly 10 to 14 miles west of downtown Austin, nestled in the Balcones Canyonlands with dramatic terrain that includes deep creek valleys, limestone bluffs, and heavy tree canopy. Lake Austin forms part of the eastern boundary, and many properties have views of the lake, downtown skyline, or surrounding Hill Country. This is one of Austin's most established luxury residential areas, with some estates dating to the 1970s and 1980s when the original Rob Roy subdivision was developed.
Real estate in 78733 is primarily large single-family homes on wooded lots ranging from 0.5 to 5 acres or more. The Rob Roy subdivisions (Rob Roy, Rob Roy on the Creek, and Rob Roy West) feature custom-built homes from 3,500 to 10,000 square feet with prices from $1.2 million to over $5 million. Cuernavaca offers homes from 2,500 to 5,000 square feet in the $700K to $1.5 million range. Lost Creek, one of the older neighborhoods, has homes from 2,000 to 4,000 square feet priced from $700K to $1.3 million. The median home price across 78733 is approximately $1.1 million, reflecting the concentration of high-value properties.
Students in 78733 attend Eanes ISD, one of the highest-rated school districts in Texas. Bridge Point Elementary serves pre-K through 5th grade and is located within the zip code. Students feed into Hill Country Middle School for 6th through 8th grade and Westlake High School for 9th through 12th. Westlake High School enrolls approximately 2,600 students and consistently ranks among the top public high schools in the state, with a graduation rate above 98 percent, average SAT scores well above the state median, and a nationally recognized football program that has won multiple state championships.
The primary transportation corridors through 78733 are FM 2222 and Bee Caves Road (FM 2244), which connect west toward Bee Cave and east toward MoPac and central Austin. Walsh Tarlton Lane and Westbank Drive provide alternative connections to Loop 360 and MoPac. Commute times to downtown Austin are typically 15 to 25 minutes via MoPac from the eastern portions of the zip code, though the hilly roads and limited direct routes can add time from properties deeper in the western sections. The Westbank Market and nearby shops on Bee Caves Road provide limited retail. Barton Creek Square mall is about 10 minutes east, and the Hill Country Galleria in Bee Cave is about 10 minutes west.
Living in Zip Code 78733
Residents of 78733 are predominantly high-income families and established professionals. Median household income exceeds $200,000, placing it among the wealthiest zip codes in the Austin metro. Many residents are business owners, executives, physicians, and attorneys. The area has a high rate of owner-occupied single-family homes, with very limited rental inventory. The population includes both families with children in Eanes ISD schools and empty-nesters who have lived in Rob Roy and Cuernavaca for decades.
Daily life in 78733 centers on the home, school, and outdoor recreation. The Lost Creek Country Club, a private facility, offers a golf course, tennis, swimming, and dining. Wild Basin Wilderness Preserve, a 227-acre tract managed by St. Edward's University, is located within the zip code and provides 2.5 miles of hiking trails through protected woodland. Lake Austin is accessible from nearby boat ramps and private docks, and kayaking and paddleboarding on the lake are common weekend activities. Dining options include upscale restaurants along Bee Caves Road in West Lake Hills and Bee Cave, including Trattoria Lisina and Jack Allen's Kitchen. H-E-B on Bee Caves Road serves as the primary grocery store, with Central Market on North Lamar about 15 minutes east. The annual Eanes ISD community events and Westlake High School football games are significant social gathering points for residents.
Things to Do in Zip Code 78733
- Wild Basin Wilderness Preserve: 227-acre nature preserve managed by St. Edward's University with 2.5 miles of hiking trails through Hill Country woodland and creek habitat.
- Lost Creek Country Club: Private country club with an 18-hole golf course, tennis courts, swimming pool, and dining room.
- Lake Austin Kayaking and Paddleboarding: Lake Austin provides calm water for kayaking and paddleboarding, accessible from boat ramps and rental facilities along the shoreline.
- Westbank Market: Small neighborhood retail center on Bee Caves Road with local dining and service businesses.
- Barton Creek Greenbelt: 12 miles of trails through limestone canyons accessible from trailheads within a short drive, popular for hiking, climbing, and swimming.
Major Employers in Zip Code 78733
- Eanes ISD (Education): School district employing approximately 1,500 staff across its campuses, headquartered in West Lake Hills.
- University of Texas at Austin (Higher Education): UT Austin employs over 24,000 people and is approximately 15 minutes east via MoPac.
- Ascension Seton (Healthcare): Hospital network with multiple facilities in central Austin, within 15 to 20 minutes of the zip code.
- 3M Company (Manufacturing/Technology): 3M's Austin campus on Ed Bluestein Boulevard employs over 1,000, approximately 25 minutes east.
- Oracle (Technology): Oracle's lakeside campus on the shores of Lake Austin is adjacent to 78733, serving as the company's headquarters.
Zip Code 78733 Schools
78733 is served by Eanes ISD, one of the top-rated public school districts in Texas, feeding into Westlake High School.
School District: Eanes ISD
Public Schools
- Bridge Point Elementary (Eanes ISD) - Pre-K through 5th grade campus within the zip code, approximately 500 students.
- Hill Country Middle School (Eanes ISD) - 6th through 8th grade campus serving approximately 900 students with advanced academic programs.
- Westlake High School (Eanes ISD) - About 2,600 students, top-ranked in Texas with 98%+ graduation rate and nationally recognized athletics.
Pre-Schools
- Westlake United Methodist Preschool - Church-based preschool program in nearby West Lake Hills for ages 2 through pre-K.
- Bee Cave Montessori - Montessori-based early childhood program near Bee Caves Road, about 10 minutes west.
Private Schools
- The Regents School of Austin - Classical Christian school offering pre-K through 12th grade on Bee Caves Road in southwest Austin.
- St. Andrew's Episcopal School - Independent school for pre-K through 12th grade on Old Walsh Tarlton Lane within the zip code.
Frequently Asked Questions
What school district is 78733 in?
78733 is served by Eanes ISD, one of the highest-rated school districts in Texas. Students attend Westlake High School, which consistently ranks among the top public high schools in the state.
What is the median home price in 78733?
The median home price in 78733 is approximately $1.1 million. Prices range from about $700K in Lost Creek and Cuernavaca to over $5 million for large estates in Rob Roy.
How far is 78733 from downtown Austin?
78733 is 10 to 14 miles from downtown Austin. Commute times from the eastern portions are typically 15 to 25 minutes via MoPac. Properties deeper in the western sections may require 30 minutes.
Is 78733 near Lake Austin?
Lake Austin borders the eastern edge of 78733. Several boat ramps and private docks provide access for kayaking, paddleboarding, and motorboating. Oracle's campus sits directly on the lakefront.
What is Rob Roy in Austin?
Rob Roy is a collection of luxury subdivisions in 78733 including Rob Roy, Rob Roy on the Creek, and Rob Roy West. Homes range from 3,500 to 10,000 square feet on wooded lots of 0.5 to 5+ acres.
