Market Overview for Zip Code 78747
There are 140 active listings in Zip Code 78747 with a median list price of $380K and a median sold price of $366K.
Homes average 84 days on market.
Over the past 30 days, 32 homes have sold, with 376 sales in the past 12 months.
The average price per square foot is $215.
About Zip Code 78747
Zip code 78747 covers a large swath of southeast Austin and unincorporated Travis County south of State Highway 71 and east of I-35, including the communities of Easton Park, Goodnight Ranch, and portions of Del Valle. The area stretches from the southern edge of the Austin-Bergstrom International Airport down to the Colorado River bottomlands. Population has grown rapidly since 2015, driven by large master-planned developments on formerly agricultural land. The terrain is flat to gently rolling Blackland Prairie, with Onion Creek and its tributaries running through the western portions of the zip code.
Real estate in 78747 is dominated by new construction in master-planned communities. Easton Park, developed by Brookfield Residential, offers homes from roughly $300K to $550K across builders including Brookfield, Pacesetter, and Taylor Morrison. Goodnight Ranch, closer to Slaughter Lane, has homes ranging from $350K to $500K. Older housing stock near McKinney Falls Parkway includes ranch-style homes from the 1980s and 1990s priced between $280K and $420K. Lot sizes in the newer subdivisions typically run 5,000 to 7,000 square feet, while older properties along FM 973 may sit on one to five acres.
Students in 78747 are split between Austin ISD and Del Valle ISD depending on their specific address. Austin ISD students may attend Blazier Elementary, Perez Elementary, or Galindo Elementary, feeding into Paredes Middle School and Akins High School. Del Valle ISD students attend Del Valle Elementary or Baty Elementary, then Del Valle Middle School and Del Valle High School. Del Valle ISD has invested in a new career and technical education center, and Akins High School operates several small learning communities focused on health sciences, STEM, and business. Private options nearby include St. Elmo Academy on Slaughter Lane.
The zip code sits adjacent to Austin-Bergstrom International Airport, making it one of the closest residential areas to the terminal, approximately 10 minutes by car. Downtown Austin is 15 to 20 minutes north via I-35 or SH-71. Tesla's Gigafactory on the east side of SH-130 is roughly 10 minutes away. McKinney Falls State Park occupies 726 acres along Onion Creek within the zip code's boundaries, providing direct access to hiking and swimming. The SH-130 toll road runs along the eastern edge, connecting to Round Rock and Georgetown to the north.
Living in Zip Code 78747
The population of 78747 skews toward young families and first-time homebuyers drawn by new construction priced below the Austin median. Median household income in the area is approximately $72,000, and the median age is in the low 30s. Many residents commute to jobs at the airport, Tesla's Gigafactory, downtown Austin, or the tech corridor along SH-71. The newer subdivisions have a diverse demographic profile, with significant Hispanic, Asian, and Black populations. Homeownership rates are high in the master-planned communities, while rental properties are more common in the older apartment complexes near McKinney Falls Parkway.
