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Keenan Group
Modern luxury new construction interior in Austin Texas

New Construction Homes in Austin 2026

17 luxury communities from $500K to $15M+. Custom builds, branded residences, and builder communities. Expert guidance from Austin's #1 team.

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

17

Luxury Communities Profiled

100+

New Builds Sold by Our Team

$500K+

Negotiated Client Savings

20+

Active Builder Relationships

Updated May 2026

What are the best new construction communities in Austin for 2026?

As of May 2026, there are 17 luxury new construction communities with active builds in the Austin metro area across three tiers. Seven ultra-luxury communities ($2M+) have active construction: Spanish Oaks, Barton Creek, The Overlook at Westlake (one of the only Eanes ISD new-build opportunities), Four Seasons Private Residences Lake Austin ($830M branded development), Canyon Ranch (opening Fall 2026 with Lake Flato-designed homes), Loraloma Club, and Driftwood Golf & Ranch Club. Four luxury communities ($900K-$2M) include Rough Hollow on Lake Travis, Serene Hills, Steiner Ranch, and Provence. Six premium communities ($500K-$900K) round out the options: Sweetwater, Headwaters (Texas' first Dark Sky community), Travisso, Belterra, Crystal Falls, and Mueller. All 17 communities map across five school districts, with Lake Travis ISD serving the most communities and Eanes ISD the most limited.

  • 17 luxury communities profiled across 5 school districts
  • 100+ new construction homes sold by our team
  • $500K+ in negotiated savings for new construction clients
  • #1 Austin Board of Realtors Team 2024, $1B+ career sales

Source: Keenan Group at Compass, Austin TX

New Construction Options

Three paths to a new home in Austin, each with different timelines, price points, and levels of customization.

Custom Homes

$1.5M - $10M+

$350 - $800+/sq ft

Full architectural control on your lot with a licensed architect and custom builder. Design every room, finish, and detail.

  • Your lot or ours
  • Full design control
  • 12-18 month build time
  • Unlimited customization

Semi-Custom

$800K - $3M

$250 - $450/sq ft

Start with proven floor plans from national builders and customize layouts, finishes, and features to your specifications.

  • Builder communities
  • Modify floor plans
  • Select finishes
  • 6-12 month timeline

Spec & Inventory

$500K - $2M

$200 - $350/sq ft

Move-in ready homes with quality finishes already selected. Quick close available for buyers on a timeline.

  • Ready now
  • Fixed pricing
  • Completed homes
  • 30-60 day close

Ultra-Luxury Communities

Austin's top-tier new construction - private golf courses, branded residences, and wellness resorts from $1.5M to $15M+.

Austin golf community rankings → | Austin luxury resort residences →

Spanish Oaks

$2M - $15M+

Southwest Austin · Lake Travis ISD / Dripping Springs ISD · 25 minutes to downtown

Gated Hill Country estate community with one of Austin's top-ranked private golf courses. Bobby Weed designed the 18-hole championship layout. Homes are fully custom on large lots with Hill Country views.

Builders

Cornerstone Architects, Camelot Custom Homes, Bella Vita Custom Homes

Lot Sizes

1-5+ acre custom homesites

Top Amenities

Bobby Weed 18-hole championship golf, Private equity membership

Also Includes

Fitness center, Swimming complex

Barton Creek

$1.5M - $10M+

West Austin · Austin ISD · 20 minutes to downtown

Austin's largest luxury community with four championship golf courses and multiple country club memberships. New construction ranges from semi-custom in newer sections to full custom estates on premium lots.

Builders

Custom builders, Sitterle Homes, Drees Custom Homes

Lot Sizes

0.5-3+ acre lots

Top Amenities

4 golf courses (Fazio, Palmer, Crenshaw, Coore), Lakeside clubhouse

Also Includes

Tennis & pickleball, Resort pool complex

The Overlook at Westlake

$2.85M - $5M

Westlake / Lost Creek · Eanes ISD · 15 minutes to downtown

Brand-new 49-lot community on Lost Creek Blvd in Eanes ISD. M Signature, MileStone's luxury division, is building 3,300-5,000 sq ft homes with an all-inclusive pricing model. First move-ins expected late 2026. One of the only new construction opportunities in Eanes ISD.

Builders

M Signature (MileStone Community Builders)

Lot Sizes

49 lots, 0.25-0.75 acres

Top Amenities

All-inclusive pricing (pool/landscape bundles), Hill Country and skyline views

Also Includes

6 floor plans (3,300-5,000 sq ft), Walk to Lost Creek trails

Four Seasons Private Residences Lake Austin

$4M - $10M+

Lake Austin · Leander ISD · 25 minutes to downtown

An $830 million branded residence development on 145 acres with 3,070 feet of Lake Austin shoreline. 179 homes with full Four Seasons resort services including spa, dining, marina, and concierge. Vertical construction began Fall 2025.

Builders

Four Seasons Hotels & Resorts

Lot Sizes

179 residences, 1,900-4,800+ sq ft

Top Amenities

576-ft private marina, Four Seasons resort services

Also Includes

145-acre waterfront campus, Concierge & housekeeping

Canyon Ranch Austin

$3.4M - $4M+

Spicewood / Lake Travis · Lake Travis ISD · 45 minutes to downtown

600-acre wellness resort community on Lake Travis opening Fall 2026. Lake Flato-designed ranch homes from 2,868 to 4,827 sq ft. Every home includes a plunge pool, sauna, cold plunge, and outdoor stargazing ledge. Unlimited access to 30+ daily wellness programs.

Builders

Canyon Ranch (Lake Flato Architects)

Lot Sizes

134 lots, 0.8-3.7 acres

Top Amenities

40,000 sq ft spa (largest in TX), Michelin-star chef (Val Cantu)

Also Includes

Concierge medical center, Plunge pool & sauna standard

Loraloma Club

$2M - $10M+

Thomas Ranch / Spicewood · Lake Travis ISD · 25 minutes to downtown

Members-only private residential club on 750+ acres within the 2,200-acre Thomas Ranch master plan. Scottish architect David McLay Kidd designed the championship golf course (opened October 2025). Home construction began August 2025 with cottages, villas, and custom estate lots.

Builders

Jenkins Design Build, Approved custom builders

Lot Sizes

Cottages, villas, and custom estates (2,500-10,000 sq ft)

Top Amenities

David McLay Kidd 18-hole championship golf, 40+ miles connected trails

Also Includes

Pedernales River access, Equestrian facilities

Driftwood Golf & Ranch Club

$2M - $8M+

Driftwood · Dripping Springs ISD · 25 minutes to downtown

An 800-acre private community by Discovery Land Company with a Tom Fazio-designed golf course and 70 acres of vineyards. Cottages, cabins, villas, and bungalows in a members-only setting. $250 million total development with Hill Country ranch character.

Builders

Discovery Land Company, Approved custom builders

Lot Sizes

300+ lots up to 3 acres

Top Amenities

Tom Fazio 18-hole championship golf, 70-acre working vineyard

Also Includes

Spa & wellness center, Equestrian trails

Luxury Communities

Lake Travis waterfront, Hill Country views, and established master-planned neighborhoods from $700K to $3M.

Rough Hollow

$800K - $3M

Lakeway · Lake Travis ISD · 30 minutes to downtown

Lakeway's premier lakefront community with a full-service marina and yacht club on Lake Travis. Multiple builders offer semi-custom and custom options. Active new construction in newer phases with Hill Country and lake views.

Builders

Drees Custom Homes, Highland Homes, Brohn Homes

Lot Sizes

0.25-1+ acre lots

Top Amenities

Full-service marina & yacht club, Lake Travis waterfront

Also Includes

Fitness center & pools, Community parks & trails

Serene Hills

$700K - $2M

Lakeway · Lake Travis ISD · 30 minutes to downtown

Elevated community in Lakeway with some of the best unobstructed Hill Country views in the Austin metro. Multiple national builders offer semi-custom homes with premium finishes. Active new construction phases available.

Builders

Taylor Morrison, Toll Brothers, Coventry Homes

Lot Sizes

0.2-0.5 acre lots

Top Amenities

Panoramic Hill Country views, Resort-style pool

Also Includes

Amenity center, Hike & bike trails

Steiner Ranch

$800K - $1.5M

Northwest Austin · Leander ISD · 25 minutes to downtown

Established master-planned community between Lake Austin and Lake Travis with ongoing new construction in select sections. Three community centers with pools, multiple parks, and direct lake access. Leander ISD schools including Vandegrift High School.

Builders

Taylor Morrison, Meritage Homes

Lot Sizes

0.15-0.5 acre lots

Top Amenities

Lake Austin access, 3 community centers

Also Includes

6 pools, Tennis & sports courts

Provence

$600K - $1.2M

Bee Cave / Lakeway · Lake Travis ISD · 25 minutes to downtown

European-inspired community near the Hill Country Galleria with distinctive French Provincial architecture. Sitterle Homes offers semi-custom floor plans with premium standard finishes in Lake Travis ISD.

Builders

Sitterle Homes

Lot Sizes

0.15-0.3 acre lots

Top Amenities

French Provincial architecture, Community pool & pavilion

Also Includes

Walking trails, Hill Country views

Premium Communities

High-quality new construction in top school districts from $500K to $900K. National builders with strong incentive packages.

CommunityLocationPrice RangeSchool DistrictBuildersCommute
SweetwaterSouthwest Austin$600K - $1.5MLake Travis ISDHighland Homes, Toll Brothers, Scott Felder25 minutesAsk us →
HeadwatersDripping Springs$500K - $1.5MDripping Springs ISDAshton Woods, Chesmar Homes, Highland Homes30 minutesAsk us →
TravissoLeander / Cedar Park$550K - $1MLeander ISDToll Brothers, Taylor Morrison35 minutesAsk us →
BelterraDripping Springs$500K - $750KDripping Springs ISDChesmar Homes, Gehan Homes30 minutesAsk us →
Crystal FallsLeander$500K - $1M+Leander ISDDrees Custom Homes, Taylor Morrison35 minutesAsk us →
MuellerCentral East Austin$500K - $1MAustin ISDDavid Weekley Homes, Streetman Homes10 minutesAsk us →

Top Austin New Home Builders

The builders active across Austin's luxury new construction communities in 2026.

BuilderCommunitiesPrice RangeStyle
Cornerstone ArchitectsSpanish Oaks$2M - $10M+Full custom luxury
M Signature (MileStone)The Overlook at Westlake$2.85M - $5MLuxury signature homes
Discovery Land Co.Driftwood Golf & Ranch Club$2M - $8M+Resort-style custom
Drees Custom HomesRough Hollow, Crystal Falls$800K - $3MCustom luxury
Toll BrothersSerene Hills, Travisso, Sweetwater$550K - $2MSemi-custom luxury
Highland HomesRough Hollow, Sweetwater, Headwaters$500K - $1.5MTexas-based builder
Taylor MorrisonSerene Hills, Steiner Ranch, Crystal Falls$500K - $1.5MNational semi-custom
David Weekley HomesMueller$500K - $1MAward-winning design
Ashton WoodsHeadwaters$500K - $1MEnergy efficient

Why Use an Agent for New Construction?

Builder sales reps work for the builder. We work for you.

Price Negotiation

We negotiate upgrades, lot premiums, and closing cost credits builders won't offer directly. $500K+ in combined client savings.

Contract Review

Builder contracts favor builders. We identify problematic clauses, protect your earnest money, and ensure fair timelines.

Quality Inspections

We coordinate pre-drywall and final inspections at foundation pour, framing, and finish to catch issues early.

Builder Relationships

20+ active relationships with Austin's top builders means priority lot access, faster issue resolution, and better service.

New Construction by School District

Which communities fall in which school districts - one of the first questions every buyer asks.

Eanes ISD

Texas' top-rated district. Very limited new construction - Overlook at Westlake is the primary opportunity.

  • The Overlook at Westlake

Lake Travis ISD

Most new construction options. Strong academics with Lake Travis High School.

  • Spanish Oaks
  • Rough Hollow
  • Serene Hills
  • Sweetwater
  • Provence
  • Canyon Ranch
  • Loraloma Club

Leander ISD

Fast-growing district. Vandegrift High School is the premium feeder pattern.

  • Steiner Ranch
  • Travisso
  • Crystal Falls
  • Four Seasons Private Residences

Dripping Springs ISD

Hill Country district with strong community involvement and growing enrollment.

  • Headwaters
  • Belterra
  • Driftwood Golf & Ranch Club

Austin ISD

Central Austin options. Barton Creek feeds into top-rated schools; Mueller is urban walkable.

  • Barton Creek
  • Mueller

Full Austin school district guide →

2026 Builder Incentives & Market Conditions

What to expect when buying new construction in the current Austin market.

Rate Buy-Downs

Many builders offer temporary or permanent rate buy-downs, reducing your mortgage rate by 0.5-2 points. This can save $200-$800/month on a $1M home. Available on select inventory homes and longer contract timelines.

Closing Cost Credits

Credits of $10K-$30K toward closing costs are common, especially on inventory and spec homes. These are negotiable - higher credits are typically available on homes that have been completed longer.

Design Center Upgrades

Builders frequently include $15K-$50K in complimentary design center upgrades. Premium countertops, appliance packages, flooring, and smart home features are typical inclusions in the current market.

Austin Metro New Construction Snapshot

562

Active Communities

$411K

Metro Median Price

#6

U.S. Metro for Starts

27,438

2025 Building Permits

Frequently Asked Questions

Common questions about buying new construction in Austin.

Should I use a buyer's agent for new construction?

Yes. Builders expect you to have representation and have already factored agent compensation into pricing. An experienced agent negotiates upgrades, lot premiums, closing costs, and protects your interests during inspections. We've negotiated over $500K in combined savings for new construction clients.

What are the best new construction communities in Austin for 2026?

For ultra-luxury ($2M+), Spanish Oaks, Barton Creek, The Overlook at Westlake, Canyon Ranch, Loraloma Club, and Driftwood Golf & Ranch Club are the top communities. For luxury ($800K-$2M), Rough Hollow, Serene Hills, and Steiner Ranch offer the best combination of amenities and value. Premium options ($500K-$900K) include Sweetwater, Headwaters, and Travisso. Each community has different school districts, builders, and amenity packages.

How long does it take to build a new home in Austin?

Custom homes typically take 12-18 months from groundbreaking to move-in. Semi-custom homes in builder communities run 6-12 months depending on the stage at contract. Spec and inventory homes are move-in ready within 30-60 days. We help you understand realistic timelines for each community and builder.

What's the difference between custom, semi-custom, and spec homes?

Custom homes are designed from scratch on your lot with your architect - full control over every detail. Semi-custom starts with a builder's floor plan and allows modifications to layout, finishes, and features. Spec homes are builder-designed with predetermined finishes. Custom homes start around $1.5M in Austin; semi-custom from $800K; spec/inventory from $500K.

How much do new homes cost in Austin in 2026?

Austin new construction ranges from $500K for premium communities like Belterra and Mueller to $15M+ in ultra-luxury communities like Spanish Oaks and Barton Creek. The Austin metro median for new construction is approximately $411K. Luxury communities with golf or resort amenities typically start at $2M. Builder incentives including rate buy-downs and closing cost credits can reduce effective costs by $10K-$30K.

What school districts have the most new construction?

Lake Travis ISD has the most luxury new construction, serving Spanish Oaks, Rough Hollow, Serene Hills, Sweetwater, Provence, Canyon Ranch, and Loraloma. Eanes ISD has very limited new construction - The Overlook at Westlake is one of the only current opportunities. Dripping Springs ISD serves Headwaters, Belterra, and Driftwood Golf & Ranch Club. Leander ISD covers Steiner Ranch, Travisso, and Crystal Falls.

Are builder incentives negotiable in Austin?

Yes. In the current market, builders are offering $10K-$30K in incentives including rate buy-downs, closing cost credits, and design center upgrades. These are negotiable, especially for ready inventory homes. Having a buyer's agent increases your leverage - builders are more likely to negotiate when they know they're working with an experienced team.

What should I inspect in a new construction home?

Pre-drywall inspection is critical - it reveals framing, plumbing, and electrical issues hidden behind walls. Final walkthrough should check finishes, appliances, HVAC function, and create a punch list. We coordinate inspections at foundation pour, pre-drywall, and final walkthrough for every new construction client.

Are new homes worth the premium over existing homes?

New homes offer modern floor plans, energy efficiency (10-30% lower utility costs), builder warranties (typically 1-year workmanship, 2-year systems, 10-year structural), and no deferred maintenance. The trade-off is smaller lots, less mature landscaping, and in some cases, longer commutes. For buyers prioritizing low maintenance and modern design, the premium is typically justified.

How do Austin property taxes affect new construction?

Texas has no state income tax, but property taxes in the Austin metro range from 1.8% to 2.5% depending on location. A $1M new home could owe $18K-$25K annually. New construction is taxed on the full improved value from day one - no grandfather exemptions. Some communities offer tax incentives or are in lower-rate districts. Eanes ISD homes have higher tax rates but strong value appreciation; suburban districts like Dripping Springs ISD tend to have slightly lower rates.

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. 100+ new construction homes sold across Austin's top communities.

Transactions Closed Per Year83

Why Choose the #1 Austin Board Team

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

Recognized as the #1 team by Austin Board of Realtors in 2024. Over 1,000 successful transactions with Austin expertise.

Ready to Explore New Construction?

Get expert guidance on Austin's best new home communities and builders. We'll negotiate on your behalf at no additional cost.