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Keenan Group#1 Austin Board of Realtors Team 2024
5.0 · 176+ reviews#1 Team - Austin Board of Realtors (2024)$1B+ career sales
Spanish Oaks golf course and Hill Country terrain representing 78738 luxury real estate in Bee Cave and west Austin.

78738 Homes for Sale - Bee Cave / Spanish Oaks

Bee Cave / Spanish Oaks

#1 ABoR Team 2024$1B+ Career Sales1,000+ Homes Sold

What is 78738 Bee Cave / Spanish Oaks like?

In the 12 months to October 16, 2026, 606 single-family homes sold in the 78738 ZIP code at a median price of $899K and a median of $279 per square foot, based on MLS closed sales; 188 single-family homes are listed for sale now. Keenan Group has closed 31 sales in 78738 since 2009.

As of · Austin MLS (ACTRIS)

78738 homes for sale

Source: Keenan Group at Compass Real Estate, Austin TX

188

Active Listings

$899K

Median Sale Price

$279

Median $/Sqft

3,479

Avg Sqft

606

Sold Last 12M

31

Keenan Sales

78738 Real Estate Market

As of Oct 16, 2026. Source: Austin MLS (ACTRIS). Methodology: SFR only.

78738 Bee Cave / Spanish Oaks market data as of
Median Sale Price$899K
Median Price per Sq Ft$279
Active Listings188
Homes Sold, Last 12 Months606
Months of Supply3.7
Average Sq Ft3,479
Keenan Group Sales31

Data as of . Source: Keenan Group at Compass Real Estate, Austin MLS (ACTRIS).

What Our Clients Say About Bee Cave / Spanish Oaks

“We moved from Houston and knew almost nothing about the west side of Austin. Joe spent a full afternoon driving us through Bee Cave, Lakeway, and the 620 corridor so we could see the differences for ourselves. He was upfront that Bee Cave had grown fast and that traffic on 71 was something to plan around. We appreciated that honesty. Ended up in a four-bedroom off Hamilton Pool Road and our kids are thriving in Lake Travis ISD. Joe checked in on us a month after closing just to see how we were settling in.”

- J. Carter (Buyer), Bee Cave

“Sweetwater was Joe's suggestion when we told him we wanted a master-planned community with good amenities and Lake Travis ISD but didn't need to be right on the lake. He showed us the community pool, the fitness center, and the playgrounds — all well-maintained and not overcrowded. We got a four-bedroom built in 2018 for under $700K. Joe said Sweetwater was one of the better values in 78738 and so far he's been right. Our property has already appreciated since we bought.”

- G. Pearson (Buyer), Sweetwater

“Spanish Oaks is a specific kind of purchase — you're buying the land, the course, and the privacy as much as the house. Joe understood that. He walked us through the membership structure, the building requirements, and the HOA rules before we even toured a lot. We bought a five-acre homesite with canyon views and are building custom. Joe connected us with a builder who had done three other homes in Spanish Oaks and knew the architectural review process. His network at this price point is strong.”

- V. Sterling (Buyer), Spanish Oaks

“Every ZIP code in Austin tells a different story. Bee Cave / Spanish Oaks (78738) has its own personality - the schools, the commute, the lot sizes, and the neighborhood feel are all distinct. We walk our clients through these differences so they find the right fit, not just the right price.”

- Joe Keenan, Keenan Group at Compass

Neighborhoods: Spanish Oaks, Flintrock Falls, Falconhead, Lake Pointe, Sweetwater.

About 78738

Community demographics, property values, tax rates, walkability, and lifestyle data for 78738.

Why Buy in 78738?

Bee Cave / Spanish Oaks (78738) is in Bee Cave and includes Spanish Oaks, Flintrock Falls, Falconhead, Lake Pointe and 1 more neighborhoods. The trailing-12-month median sale price is $899K as of Oct 16, 2026.

Keenan Group at Compass, Austin's #1 real estate team (2024 ABoR), has deep expertise in 78738. Contact us at (512) 415-7653 for a personalized market brief, off-market inventory, or a home valuation.

FAQ: 78738 Real Estate

Common questions from buyers and sellers exploring this ZIP.

How many homes are for sale in 78738?

There are 188 active listings in 78738 as of Oct 16, 2026. Prices range from $447K to $14.00M.

What is the current market snapshot in 78738?

78738: Median Price: $899K | Price Bands: Min $447K | Max $14.00M | 3.7 months supply | Sales Through: 606 sales through Oct 16, 2026. This ZIP market dataset uses sfr only filtering. Contact the Keenan Group for a tailored valuation for your specific property.

How competitive is the 78738 market in 2026?

78738 currently shows about 3.7 months of supply. Under 3 months generally signals a seller's market, while over 6 months gives buyers more negotiating room. Demand still varies by block, school assignment, and condition.

Who is the top real estate team in 78738?

The Keenan Group at Compass is Austin's #1 real estate team (Austin Board of Realtors 2024), with $1B+ in career sales and 1,000+ transactions across the metro. Joe and Cara Keenan have 25+ years of Austin expertise and deep market knowledge across 78738 and adjacent ZIPs. Contact (512) 415-7653 to schedule a consultation.

What property types are available in 78738?

78738 (Bee Cave / Spanish Oaks) inventory typically includes single-family homes, townhomes, condos, and in select areas: estate properties on larger lots, new construction, and waterfront homes. Price range, lot size, and architectural style vary significantly by sub-neighborhood. Contact (512) 415-7653 for a custom search.

Do HOAs apply to most homes in 78738?

HOA prevalence in 78738 depends on the specific neighborhood. Central Austin ZIPs (78703, 78704, 78756, 78757) are mostly unincorporated neighborhoods without formal HOAs. Suburban ZIPs (78730, 78732, 78733, 78738, 78739) commonly have HOAs with dues ranging from $400-$2,800/year. Keenan Group can pull HOA documents during the option period for any active listing.

When is the best time to buy in 78738?

Austin metro buying patterns: spring (March-June) sees the most inventory and competitive offers. Fall (September-November) provides the best negotiating room. Winter transactions are fewest but often include motivated sellers. 78738 timing can differ - Keenan Group advises based on your specific target properties.

Does Keenan Group work with first-time buyers in 78738?

Yes. The Keenan Group guides first-time buyers in 78738 through every step: mortgage pre-approval, school district research, inspections, Texas-specific option period strategy, and closing. Many first-time buyers return as repeat clients.

What neighborhoods and demographics are in 78738?

78738 includes Spanish Oaks, Flintrock Falls, Falconhead, Lake Pointe, Sweetwater. For demographics, schools, walkability, property tax data, and community profile, see our 78738 ZIP code guide.

Find Your Home in 78738

Work with Austin's #1 team to find your perfect home in Bee Cave / Spanish Oaks.

Written by the Keenan Group - Joe Keenan and Cara Keenan, Austin's #1 real estate team (Austin Board of Realtors 2024). 25+ years, 1,000+ transactions, $1B+ career sales.

Last updated

Why Choose the #1 Austin Board Team

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

Austin's #1 Real Estate Team · 2024 Austin Board of Realtors

The Keenan Group in 78738

$639/sqft

Spanish Oaks luxury homes ($2M-$10M) · indicative

Spanish Oaks home sales at all price points, last 12 months: $3.65M median sale · 49 median days on market · 94.2% of list · indicative

Spanish Oaks, anchor neighborhood of 78738

#1ABoR Team 2024
$1B+Career Sales
1000+Homes Sold
25+Years Experience

Source: Keenan Group at Compass · Updated October 2026