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Austin Neighborhood Guide
Serene Hills homes for sale in 78738. Lake Travis ISD, newer master-planned community near Bee Cave, $1.27M median. Austin's #1 team — 25+ years.
Serene Hills in 78738 has a median home price around $1.27M. Zoned to Lake Travis ISD. 8 listings currently available. Keenan Group - #1 Austin team, 25+ years, 1,000+ transactions.
Source: Keenan Group at Compass Real Estate, Austin TX
Luxury Buyer Fit Snapshot
Buyer Fit
Best for buyers targeting $1.27M+ opportunities in Serene Hills.
Lifestyle Fit
Real experiences from buyers and sellers in this neighborhood

Serene Hills is one of those communities that doesn't have the name recognition of Barton Creek or Westlake, but Cara told us it was the best value in the 78738 zip code for the quality of home you get. She was right. We got a five-bedroom with a three-car garage and a pool for under $1.3M. Try finding that in Bee Cave or Steiner Ranch. Cara also pointed out the community is still growing, which means more amenities are coming.
M. Townsend
Cara showed us Serene Hills when we told her we wanted newer construction with Hill Country views and Lake Travis schools. The homes are beautiful — most built after 2015 — and the community has a resort-style pool and playground that our kids love. Cara was honest that the lots are smaller than older communities like Bee Cave or Belvedere, but the finishes are much more modern. She helped us prioritize what mattered most to our family.
Lake Travis ISD (78738) helps anchor school-driven search and day-to-day livability.
Seller Fit
8 active listings means pricing precision and premium positioning matter for faster offer quality.
Keenan Group Authority
Serene Hills is 20-30 minutes from downtown Austin via Highway 71 to MoPac during off-peak hours. During rush hour, expect 35+ minutes. Bee Cave and the Hill Country Galleria are 10-15 minutes east, making it more convenient than most Lakeway-area communities.
Serene Hills is served by Lake Travis ISD. Students attend Lake Travis Elementary, Lake Travis Middle School, and Lake Travis High School. Lake Travis ISD is consistently rated among the top school districts in the Austin metro area.
No. Serene Hills is a residential community without a golf course, marina, or lake access. It focuses on quality homes and Hill Country setting. For golf or lake amenities, residents join nearby clubs or use public access points at Lake Travis.
Both are newer communities in the Lake Travis ISD zone. Rough Hollow has a private marina, YachtClub, and trails at $905K median. Serene Hills has newer, higher-quality homes at $1.27M without lake amenities. Choose Rough Hollow for lake lifestyle; Serene Hills for the best home quality at this price point.
The Keenan Group is the #1 Austin Board of Realtors Team (2024) with 25+ years selling in the Bee Cave corridor. With $1B+ in career sales and knowledge of which builders delivered the best quality in Serene Hills, we help buyers make informed decisions. Contact us at (512) 415-7653.
The Keenan Group at Compass is the #1 ranked team by the Austin Board of Realtors (2024) with 25+ years serving Serene Hills. Joe and Cara Keenan have completed 1,000+ career transactions and $1B+ in career sales volume, with deep expertise in Serene Hills pricing, schools, and market dynamics. Their 8-person team includes specialists in residential sales, relocation, and new construction. Contact Keenan Group for a confidential consultation: (512) 415-7653.
Current live MLS market data for Serene Hills shows median pricing around $1,270,000. Prices range significantly by product type, size, condition, floor plan, and proximity to amenities. For exact median price, price bands, sales-through, and a property-specific valuation, contact the Keenan Group for a market brief.
Serene Hills is a residential neighborhood in Austin, Texas (ZIP 78738) known for Lake Travis ISD school context, established tree canopy, and proximity to downtown Austin. Current market data shows median pricing around $1,270,000, and pricing should be reviewed by price band, property type, and recent sales. Serene Hills attracts families, professionals, and executives who value address-level school verification, central location, and neighborhood character. The Keenan Group has served Serene Hills buyers and sellers for 25+ years.
| Metric | Serene Hills | Lakeway Average |
|---|---|---|
| Median Sold Price (12M) | $1.27M | $1.06M |
| Avg Days on Market | 60 days | 81 days |
| Sale-to-List Ratio | 96.9% | 90.8% |
| Price per Sq Ft | $411 | $295 |
| Active Listings | 8 | 89 |
| Homes Sold (12M) | 13 | 12 |
| Months of Supply | 7.4 | 89.0 |
Data as of . Source: Keenan Group at Compass Real Estate, Austin MLS (ACTRIS). Benchmark reflects the citywide market cohort labeled above.
School district: Lake Travis ISD
| School | Type | Grades | Rating | Distance |
|---|---|---|---|---|
| River Ridge Elementary School | Regular | KG-5 | A | 0.6 mi |
| Canyon Ridge Middle School | Regular | 6-8 | A | 1.8 mi |
| Laura Welch Bush Elementary School | Regular | PK-5 | A+ | 1.8 mi |
| Lake Pointe Elementary School | Regular | PK-5 | A | 2.2 mi |
| School in the Hills | Montessori | PK-KG | — | 2.3 mi |
| Bridges Academy Austin | Special Education | 1-12 | — | 2.3 mi |
| Primrose School of Bee Cave | Early Childhood Program/Child Care Center | PK-KG | — | 2.6 mi |
| Barton Creek Elementary School | Regular | KG-5 | A+ | 2.9 mi |
| Lake Travis Elementary School |
Source: ATTOM Data, U.S. Census. Reported at the neighborhood/community level.
| Neighborhood | Median Price | School District | ZIP | Active Listings |
|---|---|---|---|---|
| Serene Hills (you are here) | $1.27M | Lake Travis ISD | 78738 | 8 |
| Rough Hollow | $905K | Lake Travis ISD | 78738 | 49 |
| Sweetwater | $690K | Lake Travis ISD | 78738 | 27 |
| Bee Cave | $895K | Lake Travis ISD | 78738 | 20 |
| The Hills | $564K | Lake Travis ISD | 78738 | 10 |
Last updated
D. Lambert
We built in Serene Hills and Joe represented us through the builder negotiation. He saved us over $30K by knowing which upgrades the builder would discount and which ones to skip entirely and do after closing. Joe had worked with three other buyers in Serene Hills and knew the builder's playbook. That insider knowledge was worth every penny of his commission.
K. Donovan
District guides, ratings, and school-zone pricing impact

A newer master-planned community in 78738 near Bee Cave with Lake Travis ISD schools, Hill Country views, and custom homes on generous lots — 20-30 minutes from downtown Austin.
#1 ABoR Team 2024$1B+ Career Sales1,000+ Homes Sold
Written by Joe and Cara Keenan — 25+ years selling luxury homes in the Bee Cave and Lake Travis corridor.
Serene Hills is a newer master-planned community near Bee Cave in 78738, about 20-30 minutes west of downtown Austin. The community features custom and semi-custom homes on generous lots with Hill Country views and mature tree preservation. The community is served by Lake Travis ISD, with students attending Lake Travis Elementary, Lake Travis Middle, and Lake Travis High School. Current market context: median sold price $1.3M, 8 active listings, and 13 trailing-12-month closed sales.
Source: Written by Joe and Cara Keenan — 25+ years selling luxury homes in the Bee Cave and Lake Travis corridor.
Map & Boundary
Active Listings
8
Serene Hills attracts buyers who want newer construction in the Lake Travis ISD zone with a residential, low-key community feel. Unlike resort-style communities with marinas and golf courses, Serene Hills is focused on the homes and the setting — Hill Country terrain, preserved trees, and generous lot sizes that give houses breathing room.
The housing stock is newer than most Lakeway neighborhoods, with many homes built from the 2010s through the present. Builders include a mix of custom and semi-custom, with architectural styles leaning toward Hill Country contemporary. Floor plans range from 2,500 to 5,000+ square feet on lots that typically offer some combination of tree coverage and Hill Country views.
Where Serene Hills buyers and residents actually eat — from date night to weeknight favorites.
| Name | Cuisine / Type | Price | Highlights | Last verified |
|---|---|---|---|---|
| American / Southwestern | $$ |
| 2026-03-27 | |
Trails and outdoor activities that buyers and locals ask about most.
| Name | Highlights |
|---|---|
Serene Hills Community Trails |
|
Bee Cave Park Loop |
|
Family favorites, date night ideas, and local experiences close to the neighborhood.
| Name | Highlights |
|---|---|
Lake Travis Zipline Adventures |
|
High 5 Entertainment |
|
Side-by-side comparison with similar Austin neighborhoods based on price range, school district, and location.
| Neighborhood | Median Price | Active Listings | Guide |
|---|---|---|---|
Serene HillsCurrent | $1.3M | 8 | You're here |
| $905K | 49 | View Guide | |
| $690K | 27 | View Guide | |
| $895K | 20 | View Guide | |
| $564K | 10 | View Guide |
Prices based on trailing 12-month polygon-based market data. Contact Keenan Group for a personalized comparison.
The live Serene Hills MLS market snapshot shows a median sold price of $1.3M, 8 active listings, 60 days average days on market, and $411 average sold price per square foot, based on 13 closed sales in the trailing 12-month market dataset.
Sales-through should be read with inventory and pricing together: 13 trailing-12-month closed sales, 1 pending listings, 7.4 months of supply, and a 97% sale-to-list ratio.
Serene Hills is located near the intersection of Highway 71 and FM 620, which puts it in the sweet spot between Bee Cave's retail infrastructure and Lakeway's growing commercial area. Daily errands are more convenient from Serene Hills than from most Lakeway-area communities.
The Bee Cave corridor along Highway 71 continues to add restaurants, medical offices, and services. The Hill Country Galleria and surrounding retail provide most daily needs within a 10-15 minute drive.
Serene Hills is a residential community first. There is no golf course, marina, or resort at its center. The anchor is the quality of the homes, the Hill Country setting, and the Lake Travis ISD school connection. For buyers who prefer their home to be the lifestyle — rather than a club or amenity center — this approach works.
Serene Hills benefits from being in the path of the Bee Cave and Lakeway commercial growth without bearing the traffic and density that comes with being on a main road. The community is set back from the commercial corridors, which provides the quiet that the name promises.
Serene Hills buyers compare with Rough Hollow, Sweetwater, Bee Cave general market, and Belvedere. The decision typically comes down to amenity preferences versus new-construction quality.
Serene Hills is 20-30 minutes from downtown Austin via Highway 71 to MoPac during off-peak hours. During rush hour, expect 35+ minutes. Bee Cave and the Hill Country Galleria are 10-15 minutes east, making it more convenient than most Lakeway-area communities.
Serene Hills is served by Lake Travis ISD. Students attend Lake Travis Elementary, Lake Travis Middle School, and Lake Travis High School. Lake Travis ISD is consistently rated among the top school districts in the Austin metro area.
No. Serene Hills is a residential community without a golf course, marina, or lake access. It focuses on quality homes and Hill Country setting. For golf or lake amenities, residents join nearby clubs or use public access points at Lake Travis.
Both are newer communities in the Lake Travis ISD zone. Rough Hollow has a private marina, YachtClub, and trails at $905K median. Serene Hills has newer, higher-quality homes at $1.27M without lake amenities. Choose Rough Hollow for lake lifestyle; Serene Hills for the best home quality at this price point.
The Keenan Group is the #1 Austin Board of Realtors Team (2024) with 25+ years selling in the Bee Cave corridor. With $1B+ in career sales and knowledge of which builders delivered the best quality in Serene Hills, we help buyers make informed decisions. Contact us at (512) 415-7653.
The Keenan Group at Compass is the #1 ranked team by the Austin Board of Realtors (2024) with 25+ years serving Serene Hills. Joe and Cara Keenan have completed 1,000+ career transactions and $1B+ in career sales volume, with deep expertise in Serene Hills pricing, schools, and market dynamics. Their 8-person team includes specialists in residential sales, relocation, and new construction. Contact Keenan Group for a confidential consultation: (512) 415-7653.
Current live MLS market data for Serene Hills shows median pricing around $1,270,000. Prices range significantly by product type, size, condition, floor plan, and proximity to amenities. For exact median price, price bands, sales-through, and a property-specific valuation, contact the Keenan Group for a market brief.
Serene Hills is a residential neighborhood in Austin, Texas (ZIP 78738) known for Lake Travis ISD school context, established tree canopy, and proximity to downtown Austin. Current market data shows median pricing around $1,270,000, and pricing should be reviewed by price band, property type, and recent sales. Serene Hills attracts families, professionals, and executives who value address-level school verification, central location, and neighborhood character. The Keenan Group has served Serene Hills buyers and sellers for 25+ years.
| Japanese / Sushi |
| $$$ |
|
| 2026-03-27 |
| Coastal Seafood | $$$ |
| 2026-03-27 |
| Brazilian Steakhouse | $$$$ |
| 2026-03-27 |
| American / Sports Bar | $$ |
| 2026-03-27 |
| Argentine | $$ |
| 2026-03-27 |
| Steakhouse | $$$$ |
| 2026-03-27 |
| New American | $$$ |
| 2026-03-27 |
| Wine Bar / New American | $$$ |
| 2026-03-27 |
| Steakhouse | $$ |
| 2026-03-27 |
| New American / Rooftop | $$$ |
| 2026-03-27 |
| Chinese | $$ |
| 2026-03-27 |
| Mexican | $$ |
| 2026-03-27 |
|
River Place Nature Trail |
|
Milton Reimers Ranch Park |
|
Pace Bend Park |
|
Bee Cave Central Park Perimeter Trail |
|
Bee Cave Sculpture Park |
|
Hill Country Galleria |
|
Lakeway Resort and Spa |
|
Flintrock Falls Golf Course |
|
Lake Travis Boating |
|
World of Tennis at Lakeway |
|
Yaupon Golf Course |
|
Our Results
550+ homes sold across Austin. See our track record and client results.
| Regular |
| PK-5 |
| C+ |
| 3.0 mi |
| West Ridge Middle School | Regular | 6-8 | A+ | 3.0 mi |
16 transactions totaling $13.81M | Avg list price $863K
| Address | List Price |
|---|---|
| 12309 Carlsbad Dr | $1.60M |
| 13802 Yellow Bell Bnd Unit #17 | $625K |
| 15504 Cabrillo Way | $875K |
| 5812 Davenport Divide Rd | $1.27M |
| 14501 Falcon Head Blvd Unit #16 | $580K |
| 14501 Falcon Head Blvd Unit #47 | $595K |
Showing 6 of 16 sales in Serene Hills. View all
Browse current listings in Serene Hills. Updated daily from Austin MLS.

Lakeway, TX 78738
Serene Hills Ph 3wa & Rep
MLS# 5911721 • Courtesy of ACTRIS
$1,565,000
$474/sqft

Austin, TX 78738
Serene Hills Sub Ph 3E
MLS# 7861817 • Courtesy of ACTRIS
$1,519,000
$372/sqft

Austin, TX 78738
Serene Hills Ph 3Wb
MLS# 1037398 • Courtesy of ACTRIS
$1,490,000
$462/sqft

Austin, TX 78738
Serene Hills Sub Ph 2W
MLS# 6503252 • Courtesy of ACTRIS
$1,485,000
$466/sqft

Austin, TX 78738
Serene Hills Sub Ph 3E
MLS# 8651424 • Courtesy of ACTRIS
$1,449,000
$368/sqft

Austin, TX 78738
Serene Hills Sub Ph 2W
MLS# 1312729 • Courtesy of ACTRIS
$1,325,000
$464/sqft

Austin, TX 78738
SERENE HILLS; LAKEWAY
MLS# 4237976 • Courtesy of ACTRIS
$1,199,900
$255/sqft

Austin, TX 78738
Serene Hills Sub Ph 2E; LAKEWAY
MLS# 4895807 • Courtesy of ACTRIS
$975,000
$271/sqft