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Spanish Oaks golf course and Hill Country terrain representing 78738 luxury real estate in Bee Cave and west Austin.

78738 - Bee Cave / Spanish Oaks

Spanish Oaks · Flintrock Falls · Falconhead · Lake Pointe · Sweetwater

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

What is 78738 (Bee Cave / Spanish Oaks)?

ZIP code 78738 covers Bee Cave's Spanish Oaks, Flintrock Falls, Falconhead, Lake Pointe, Sweetwater area. The area is served by Lake Travis ISD. Current median home price is $855K with 239 active listings. Population: 28,417 with median household income of $150K.

  • Neighborhoods: Spanish Oaks, Flintrock Falls, Falconhead, Lake Pointe
  • Median price: $855K, 239 active listings
  • Population: 28,417
  • Schools: Lake Travis ISD

Source: Keenan Group at Compass Real Estate, Austin TX

78738 Community Profile

28,417

Population

$150K

Median Income

44

Median Age

75%

Owner-Occupied

46.1%

Bachelor's+

30.1%

Graduate Degree

43.2%

Work From Home

15 min

Median Commute

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Neighborhoods in 78738

Spanish Oaks

Median: $3.60M

Flintrock Falls

Median: $7.25M

Falconhead

Lake Pointe

Sweetwater

Median: $690K

Schools Serving 78738

TEA accountability ratings for districts serving this ZIP code.

Lake Travis ISD
TEA: AGreatSchools: 9/10Niche: A+
11,230 students16.3:1 student-teacher ratio11 A-rated schools

Top Schools

Lakeway Elementary SchoolSerene Hills Elementary SchoolLake Pointe Elementary SchoolRough Hollow Elementary School
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Walkability in 78738 Bee Cave / Spanish Oaks

2

Walk Score

Almost All Errands Require a Car

6

Bike Score

Almost All Errands Require a Car

Based on 15 properties in 78738 Bee Cave / Spanish Oaks. Source: Walk Score.

Median age of 43.4 reflects established families. The Hill Country Galleria provides retail and dining.

For detailed lifestyle guides, see the neighborhood pages above.

78738 Real Estate at a Glance

$855K

Median Price

239

Active Listings

$430K$9.80M

Price Range

6.0

Months Supply

Keenan Luxury Market Index

78738 luxury homes sell at a median of $281/sqftover the trailing 12 months - part of Austin's luxury market tracked by the Keenan Luxury Market Index.

6
months supply
See the full Keenan Luxury Market Index →

FAQ: 78738 ZIP Code

Common questions about living, schools, and community in this ZIP.

What neighborhoods are in 78738?

78738 includes Spanish Oaks, Flintrock Falls, Falconhead, Lake Pointe, Sweetwater. Each neighborhood has its own character, price range, and school zoning. See the neighborhood section above for links to individual guides.

What school district is 78738 in?

78738 is served by Lake Travis ISD (TEA rating: A). Street-level school zoning can change - verify directly with the district before purchase.

What is the median home price in 78738?

The trailing-12-month median sale price in 78738 is $855K as of Jun 14, 2026. Active listing prices range from $430K to $9.80M.

Is 78738 a good area to live in Austin?

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.

What is the property tax rate in 78738?

The effective property tax rate in 78738 is approximately 1.21%. Texas has no state income tax, so property tax funds public services. Homestead exemption reduces the school district portion for primary residences.

How far is 78738 from downtown Austin?

Drive time from 78738 (Bee Cave / Spanish Oaks) to downtown Austin varies by location and traffic. Most Austin metro ZIPs are 10-35 minutes off-peak. Keenan Group provides commute analysis to major employment centers as part of every buyer consultation.

What is the median household income in 78738?

The median household income in 78738 is $150K. 46% of residents hold a bachelor's degree or higher.

Who is the best realtor 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. Joe and Cara Keenan have 25+ years of Austin expertise across 78738 and surrounding ZIPs. Contact (512) 415-7653.

Learn More About 78738

Work with Austin's #1 team for expert guidance on 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.

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