
78738 Homes for Sale - Bee Cave / Spanish Oaks
Bee Cave / Spanish Oaks
Hill Country luxury in Bee Cave featuring Spanish Oaks, Flintrock Falls, Falconhead, and Sweetwater. Population of 28,790 with a median household income of $170K and 76% owner-occupied. Over 75% hold a bachelor's degree, and 41% work from home. Lake Travis ISD schools, 25 minutes to downtown. Median age of 43.4 reflects established families. The Hill Country Galleria provides retail and dining.
#1 ABoR Team 2024$1B+ Career Sales1,000+ Homes Sold
What is 78738 Bee Cave / Spanish Oaks like?
78738 covers Bee Cave / Spanish Oaks in Bee Cave. Hill Country luxury in Bee Cave featuring Spanish Oaks, Flintrock Falls, Falconhead, and Sweetwater. Population of 28,790 with a median household income of $170K and 76% owner-occupied. Over 75% hold a bachelor's degree, and 41% work from home. Lake Travis ISD schools, 25 minutes to downtown. Median age of 43.4 reflects established families. The Hill Country Galleria provides retail and dining. 78738: Median Price: $855K | Price Bands: Min $430K | Max $9.80M | 6.0 months supply | Sales Through: 481 sales through Jun 14, 2026. Active listings at the latest refresh: 239.
- Median Price: $855K | Price Bands: Min $430K | Max $9.80M | 6.0 months supply | Sales Through: 481 sales through Jun 14, 2026
- Active listings: 239
- Median $/sqft: $281
- Sold last 12 months: 481
- Neighborhoods: Spanish Oaks, Flintrock Falls, Falconhead
Source: Keenan Group at Compass Real Estate, Austin TX
What schools are in 78738 Bee Cave / Spanish Oaks?
78738 is served by Lake Travis ISD (TEA rating: A). 18 schools serve this area, including 11 with TEA 'A' ratings. Top-rated schools include Lakeway Elementary School, Serene Hills Elementary School, Lake Pointe Elementary School.
- Lake Travis ISD: TEA A, 18 schools, 11,230 students
Source: Keenan Group at Compass Real Estate, Austin TX
Property tax rate: 1.21% effective. See full valuation data for 78738 →
239
Active Listings
$855K
Median Sale Price
$281
Median $/Sqft
3,412
Avg Sqft
481
Sold Last 12M
19
Keenan Sold
78738 Real Estate Market
As of Jun 14, 2026. Source: Austin MLS (ACTRIS). Methodology: SFR only.
| Median Sale Price | $855K |
|---|---|
| Median Price per Sq Ft | $281 |
| Active Listings | 239 |
| Homes Sold, Last 12 Months | 481 |
| Months of Supply | 6.0 |
| Average Sq Ft | 3,412 |
| Sold by Keenan Group | 19 |
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. See full neighborhood guide for 78738
About 78738
Community demographics, property values, tax rates, walkability, and lifestyle data for 78738.
View full 78738 ZIP code guideSchool Districts in 78738
TEA accountability ratings for districts serving this ZIP code.
School District Ratings
TEA Accountability Ratings (2024-2025). Source: Texas Tribune / Texas Education Agency.
Active Listings in 78738
View All
$9.80M
11941 Overlook PASS
Austin, TX 78738

$8.50M
20640 Moreh Peak Pass
Austin, TX 78738

$6.85M
629 Casasanta TRL
Austin, TX 78738

$6.19M
11400 Crumley Ranch RD
Austin, TX 78738

$6.19M
11400 Crumley Ranch RD
Austin, TX 78738

$5.88M
16400 Hamilton Pool RD
Austin, TX 78738
Sold by Keenan Group in 78738
Proven results from Austin's #1 team
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Explore >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 $855K as of Jun 14, 2026. The median household income is $150K.
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 239 active listings in 78738 as of Jun 14, 2026. Prices range from $430K to $9.80M.
What is the current market snapshot in 78738?
78738: Median Price: $855K | Price Bands: Min $430K | Max $9.80M | 6.0 months supply | Sales Through: 481 sales through Jun 14, 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 6.0 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.