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Real experiences from buyers and sellers in this neighborhood

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
Joe Keenan was excellent. He did everything I asked for and more. I was very happy with my final purchase and feel we got a really good deal on a really good property. I intend to recommend Joe Keenan to anyone who needs a Realtor.
| Metric | Spanish Oaks | Austin Average |
|---|---|---|
| Median Sold Price (12M) | $3.38M | $610K |
| Avg Days on Market | 135 days | 62 days |
| Sale-to-List Ratio | 93.1% | 96.7% |
| Price per Sq Ft | $668 | $351 |
| Active Listings | 11 | 2,836 |
| Homes Sold (12M) | 12 | 6,445 |
| Months of Supply | 11.0 | 5.3 |
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 / Dripping Springs ISD
| School | Type | Grades | Rating | Distance |
|---|---|---|---|---|
| Barton Creek Elementary School | Regular | KG-5 | A+ | 1.1 mi |
| West Ridge Middle School | Regular | 6-8 | A+ | 1.2 mi |
| Lake Pointe Elementary School | Regular | PK-5 | A | 2.0 mi |
| St Gabriel's Catholic School | Regular | PK-8 | — | 2.2 mi |
| River Ridge Elementary School | Regular | KG-5 | A | 2.4 mi |
| St Michael's Catholic Academy | Regular | 9-12 | — | 2.4 mi |
| Primrose School of Bee Cave | Early Childhood Program/Child Care Center | PK-KG | — | 2.8 mi |
View all Lake Travis ISD / Dripping Springs ISD schools and homes by zone →
Source: ATTOM Data, U.S. Census. Reported at the neighborhood/community level.
| Neighborhood | Median Price | School District | ZIP | Active Listings |
|---|---|---|---|---|
| Spanish Oaks (you are here) | $3.38M | Lake Travis ISD / Dripping Springs ISD | 78738 | 11 |
| 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
Tom Loftus
Homebuyer in Austin, TX
Can't recommend Joe Keenan highly enough. My situation was tricky due to being on the road, but Joe Keenan stepped up and did the legwork to make things happen. Go with Joe Keenan!
Blake Wickliffe
Remote Buyer with Complex Needs
58 Austin neighborhood guides with pricing and lifestyle

An ultra-luxury gated golf community in 78738 with a Bobby Weed-designed 18-hole course, 400-home cap, equity membership, and Hill Country views that rank among the best in the Austin metro.
#1 ABoR Team 2024$1B+ Career Sales1,000+ Homes Sold
Written by Joe and Cara Keenan - #1 Austin Board of Realtors Team 2024, $1B+ career volume.
Austin Neighborhood Guide
Spanish Oaks homes for sale in 78738. Gated golf community, Bobby Weed 18-hole course, $2.8M+ median, 400-home cap. Austin's #1 team - $1B+ career volume.
Spanish Oaks in 78738 has a median home price around $3.38M. Zoned to Lake Travis ISD / Dripping Springs ISD. 11 listings currently available. Keenan Group - #1 Austin team, 25+ years, 1,000+ transactions.
Source: Keenan Group at Compass Real Estate, Austin TX
Private Club + Estate Scale
Buyer Fit
High-net-worth buyers seeking custom builds and private streets.
Lifestyle Fit
Daily access to country-club amenities and hill country views.
Seller Fit
Premium presentation and private-listing strategy drive strongest outcomes.
Keenan Group Authority
Spanish Oaks straddles two school districts. The majority of addresses fall within Lake Travis ISD, but some homes are in Dripping Springs ISD. Your school assignment depends on your specific lot address, not the community as a whole. We verify the school district for every lot we show. Both districts are well-regarded, but the curricula, campuses, and extracurriculars differ. Confirm directly with both districts before purchasing.
Spanish Oaks is an equity membership club with initiation fees typically ranging from $150K to $200K+, plus monthly dues. Equity membership means members have an ownership stake in the club. Some resale homes include the membership in the sale; others require separate purchase. Membership terms and availability change, so verify current initiation fees and dues directly with the club. For a detailed breakdown, see our guide at thekeenangroup.com/source/spanish-oaks-golf-club-membership-guide.
Spanish Oaks is 25-35 minutes from downtown Austin via Highway 71 and Bee Cave Road in normal traffic. During rush hour, expect 40-50 minutes. Bee Cave shopping and restaurants are 10-15 minutes. Dripping Springs is 10-15 minutes west. Austin-Bergstrom Airport is 30-40 minutes. The commute is the primary tradeoff for the privacy and space that Spanish Oaks provides.
Spanish Oaks is a gated luxury golf community in Austin's 78738 ZIP code, located off Highway 71 between Bee Cave and Dripping Springs in the Texas Hill Country. The community is built around a Bobby Weed-designed 18-hole championship golf course and is capped at approximately 400 homes. Spanish Oaks operates as an equity membership club with initiation fees typically ranging from $150K to $200K+. The community straddles two school districts - Lake Travis ISD covers the majority of addresses, while some homes fall in Dripping Springs ISD. Specific school assignment depends on the lot address, so buyers must verify directly with both districts. Homes sit on 1-5+ acre lots with Hill Country views, and the community offers a clubhouse, pool, fitness center, tennis courts, and dining. Current market context: median sold price $3.4M, 11 active listings, and 12 trailing-12-month closed sales.
Source: Written by Joe and Cara Keenan - #1 Austin Board of Realtors Team 2024, $1B+ career volume.
Map & Boundary
Active Listings
11
Spanish Oaks is the community buyers choose when they want a private golf club lifestyle without leaving the Austin metro. The Bobby Weed-designed 18-hole course is the centerpiece, but the real draw is the combination of limited inventory (400-home cap), Hill Country acreage, and a club that functions as an extension of daily life rather than a weekend destination. Members play golf, eat at the clubhouse, swim at the pool, and use the fitness center as their primary social infrastructure.
The 400-home cap is not marketing - it is a hard limit written into the community's development plan. That constraint means Spanish Oaks will never feel crowded, tee times are available, and the golf course is maintained at a level that higher-member clubs cannot sustain. For serious golfers, the member-to-hole ratio is the single most important factor, and Spanish Oaks gets it right.
Where Spanish Oaks buyers and residents actually eat — from date night to weeknight favorites.
| Name | Cuisine / Type | Price | Highlights | Last verified |
|---|---|---|---|---|
Trattoria Lisina 13308 FM 150 W, Driftwood, TX 78619 | Italian | $$$ |
| 2026-03-27 |
SP Brazilian Steakhouse 900 Ranch Rd 620 S, Ste B108, Lakeway, TX 78734 | Brazilian Steakhouse | $$$$ |
Trails and outdoor activities that buyers and locals ask about most.
| Name | Highlights |
|---|---|
Milton Reimers Ranch Park |
|
Hamilton Pool Preserve |
|
Family favorites, date night ideas, and local experiences close to the neighborhood.
| Name | Highlights |
|---|---|
Spanish Oaks Golf Club |
|
Spanish Oaks Clubhouse Dining |
|
Side-by-side comparison with similar Austin neighborhoods based on price range, school district, and location.
| Neighborhood | Median Price | Active Listings | Guide |
|---|---|---|---|
Spanish OaksCurrent | $3.4M | 11 | 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.
Barton Creek is closer to downtown Austin (15-20 min) with multiple golf courses and a larger membership base. Spanish Oaks is farther out (25-35 min) but has a 400-home cap that keeps tee times available and the course in better condition. Spanish Oaks lots are larger (1-5+ acres vs Barton Creek's more suburban lots). Barton Creek has more convenient urban access; Spanish Oaks offers more privacy and exclusivity. The Keenan Group has sold in both communities. Full comparison: /the-source/barton-creek-or-spanish-oaks-austins-golf-communities-compared
Both are small private gated golf communities in the Lake Travis corridor, but they serve different profiles. Spanish Oaks is closer to Bee Cave (25-30 min to downtown vs 30-40 for Travis Club), has Bobby Weed's course with a hard 400-home cap, and sits at a higher price point ($2.8M+ median). Travis Club offers a more remote Hill Country-deep setting with somewhat lower entry prices and a more intimate community. Both share Lake Travis ISD as the majority district (some Spanish Oaks addresses fall in Dripping Springs ISD — verify by address). Buyers prioritizing proximity and course reputation often choose Spanish Oaks; buyers prioritizing acreage and a further-out private feel often choose Travis Club. See our [Travis Club guide](/neighborhoods/travis-club-austin) for the full comparison.
Spanish Oaks has distinct sections with meaningfully different lot characteristics. The interior and early-phase lots tend to run 1-2 acres with Hill Country or golf course exposure but less dramatic views. The ridge and premium-phase lots run 2-5+ acres with panoramic Hill Country views, and command the highest premiums per square foot. Afternoon sun exposure, creek proximity, and position relative to the course each affect long-term value. We walk every Spanish Oaks property to evaluate view quality, build orientation, and lot usability before recommending an offer — the 400-home cap means lot-level differences compound over decades of ownership.
The Keenan Group at Compass is the #1 ranked team by the Austin Board of Realtors (2024) with 25+ years serving Spanish Oaks. Joe and Cara Keenan have completed 1,000+ career transactions and $1B+ in career sales volume, with deep expertise in Spanish Oaks 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 Spanish Oaks shows median pricing around $3,375,000. 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.
The live Spanish Oaks MLS market snapshot shows a median sold price of $3.4M, 11 active listings, 135 days average days on market, and $668 average sold price per square foot, based on 12 closed sales in the trailing 12-month market dataset.
Sales-through should be read with inventory and pricing together: 12 trailing-12-month closed sales, 3 pending listings, 11.0 months of supply, and a 93% sale-to-list ratio.
Spanish Oaks is located off Highway 71, roughly 20 miles southwest of downtown Austin. The commute to downtown is 25-35 minutes depending on traffic, with most residents using Highway 71 to Bee Cave Road or MoPac. Rush hour extends that to 40-50 minutes on bad days. This is the primary tradeoff of Spanish Oaks - the privacy and space come at the cost of distance from Austin's urban core.
Daily errands are handled in the Bee Cave and Lakeway commercial corridor, which has grown significantly over the past decade. The Hill Country Galleria, H-E-B, and a full range of retail and dining are 10-15 minutes from the gate. Most Spanish Oaks residents describe a daily life that is largely self-contained between the community and the Bee Cave corridor.
Spanish Oaks is a club community, and the club is the anchor. Unlike neighborhoods where daily life revolves around commercial corridors or public parks, Spanish Oaks residents orient their routines around the golf course, clubhouse, pool, and member events. That is by design - the community was built around the club, and the club functions as the social infrastructure.
For buyers who want their home, their golf, their fitness, and their social life in one place - and who are comfortable being 25+ minutes from downtown - Spanish Oaks delivers a complete lifestyle within the gate. For detailed information on the club membership structure, see our comprehensive guide at thekeenangroup.com/source/spanish-oaks-golf-club-membership-guide.
Spanish Oaks buyers typically compare with Barton Creek, Rough Hollow, The Reserve at Lake Travis, and Flintrock Falls. The decision comes down to golf quality, proximity to Austin, and total cost of entry.
Spanish Oaks straddles two school districts. The majority of addresses fall within Lake Travis ISD, but some homes are in Dripping Springs ISD. Your school assignment depends on your specific lot address, not the community as a whole. We verify the school district for every lot we show. Both districts are well-regarded, but the curricula, campuses, and extracurriculars differ. Confirm directly with both districts before purchasing.
Spanish Oaks is an equity membership club with initiation fees typically ranging from $150K to $200K+, plus monthly dues. Equity membership means members have an ownership stake in the club. Some resale homes include the membership in the sale; others require separate purchase. Membership terms and availability change, so verify current initiation fees and dues directly with the club. For a detailed breakdown, see our guide at thekeenangroup.com/source/spanish-oaks-golf-club-membership-guide.
Spanish Oaks is 25-35 minutes from downtown Austin via Highway 71 and Bee Cave Road in normal traffic. During rush hour, expect 40-50 minutes. Bee Cave shopping and restaurants are 10-15 minutes. Dripping Springs is 10-15 minutes west. Austin-Bergstrom Airport is 30-40 minutes. The commute is the primary tradeoff for the privacy and space that Spanish Oaks provides.
Barton Creek is closer to downtown Austin (15-20 min) with multiple golf courses and a larger membership base. Spanish Oaks is farther out (25-35 min) but has a 400-home cap that keeps tee times available and the course in better condition. Spanish Oaks lots are larger (1-5+ acres vs Barton Creek's more suburban lots). Barton Creek has more convenient urban access; Spanish Oaks offers more privacy and exclusivity. The Keenan Group has sold in both communities. Full comparison: /the-source/barton-creek-or-spanish-oaks-austins-golf-communities-compared
Both are small private gated golf communities in the Lake Travis corridor, but they serve different profiles. Spanish Oaks is closer to Bee Cave (25-30 min to downtown vs 30-40 for Travis Club), has Bobby Weed's course with a hard 400-home cap, and sits at a higher price point ($2.8M+ median). Travis Club offers a more remote Hill Country-deep setting with somewhat lower entry prices and a more intimate community. Both share Lake Travis ISD as the majority district (some Spanish Oaks addresses fall in Dripping Springs ISD — verify by address). Buyers prioritizing proximity and course reputation often choose Spanish Oaks; buyers prioritizing acreage and a further-out private feel often choose Travis Club. See our [Travis Club guide](/neighborhoods/travis-club-austin) for the full comparison.
Spanish Oaks has distinct sections with meaningfully different lot characteristics. The interior and early-phase lots tend to run 1-2 acres with Hill Country or golf course exposure but less dramatic views. The ridge and premium-phase lots run 2-5+ acres with panoramic Hill Country views, and command the highest premiums per square foot. Afternoon sun exposure, creek proximity, and position relative to the course each affect long-term value. We walk every Spanish Oaks property to evaluate view quality, build orientation, and lot usability before recommending an offer — the 400-home cap means lot-level differences compound over decades of ownership.
The Keenan Group at Compass is the #1 ranked team by the Austin Board of Realtors (2024) with 25+ years serving Spanish Oaks. Joe and Cara Keenan have completed 1,000+ career transactions and $1B+ in career sales volume, with deep expertise in Spanish Oaks 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 Spanish Oaks shows median pricing around $3,375,000. 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.
| 2026-03-27 |
The Gramercy 1516 Ranch Road 620 S, Bldg F, Ste 200, Lakeway, TX 78734 | Contemporary American | $$$ |
| 2026-03-27 |
Steiner Ranch Steakhouse 5424 Steiner Ranch Blvd, Austin, TX 78732 | Steakhouse | $$$$ |
| 2026-03-27 |
Cafe Blue 12800 Hill Country Blvd, Ste G-115, Bee Cave, TX 78738 | Coastal Seafood | $$$ |
| 2026-03-27 |
Tadashi 12820 Hill Country Blvd, Ste E105, Bee Cave, TX 78738 | Japanese | $$$ |
| 2026-03-27 |
Jack Allen's Kitchen 7720 Highway 71 W, Austin, TX 78735 | Texas Comfort | $$ |
| 2026-03-27 |
Chisos Grill 12800 Hill Country Blvd, Bee Cave, TX 78738 | Southwest | $$ |
| 2026-03-27 |
Buenos Aires Cafe 13500 Galleria Cir, Ste U120, Bee Cave, TX 78738 | Argentine | $$ |
| 2026-03-27 |
The Salt Lick BBQ 18300 FM 1826, Driftwood, TX 78619 | Texas BBQ | $$ |
| 2026-03-27 |
Pieous 166 Hargraves Dr, Bldg H, Austin, TX 78737 | Pizza & Deli | $$ |
| 2026-03-27 |
Duchman Family Winery 13308 FM 150 W, Driftwood, TX 78619 | Italian Varietals & Light Fare | $$ |
| 2026-03-27 |
Sixty Three at Lakeway Resort 101 Lakeway Dr, Austin, TX 78734 | Contemporary American | $$$ |
| 2026-03-27 |
Pace Bend Park |
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Pedernales Falls State Park |
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Westcave Outdoor Discovery Center |
|
River Place Nature Trail |
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Sculpture Falls Trail |
|
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Driftwood Wine Country Tour |
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Desert Door Texas Sotol Distillery |
|
Hamilton Pool Swimming |
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Reimers Ranch Rock Climbing |
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Topgolf Austin 2700 Esperanza Crossing, Austin, TX 78758 |
|
Bee Cave Sculpture Park |
|
Lakeway Resort & Spa 101 Lakeway Dr, Austin, TX 78734 |
|
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 Spanish Oaks. View all
Browse current listings in Spanish Oaks. Updated daily from Austin MLS.

Austin, TX 78738
Spanish Oaks
MLS# 6892809 • Courtesy of ACTRIS
$5,799,000
$709/sqft

Austin, TX 78738
Spanish Oaks Ph 02-B
MLS# 9785546 • Courtesy of ACTRIS
$5,499,000
$839/sqft

Austin, TX 78738
Spanish Oaks
MLS# 4586678 • Courtesy of ACTRIS
$4,750,000
$997/sqft

Austin, TX 78738
Spanish Oaks Sec 08
MLS# 7820204 • Courtesy of ACTRIS
$4,385,000
$521/sqft

Unit #31
Spanish Oaks
MLS# 9784983 • Courtesy of ACTRIS
$3,695,000
$848/sqft

Austin, TX 78738
Spanish Oaks
MLS# 8075796 • Courtesy of ACTRIS
$3,599,000
$584/sqft

Austin, TX 78738
Spanish Oaks
MLS# 2128211 • Courtesy of ACTRIS
$2,495,000
$688/sqft

Austin, TX 78738
Spanish Oaks
MLS# 3116850 • Courtesy of ACTRIS
$2,390,000
$691/sqft