Market Snapshot

Lake Austin

Current Listings 57

Avg Home Price $3,329,461

Avg Size (Sq Ft) 4,386

Avg Price/Sq Ft $880

Avg Year Built 1986

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Neighborhoods > Lake Austin

Lake Austin is a constant level lake that winds its way down from Lake Travis at Mansfield Dam to Lady Bird Lake at the Tom Miller Dam. Its appearance more vividly recalls a river than a lake as it is actually part of the Colorado River’s Highland Lakes system, formed in the 1930s and 1940s for electrical power generation, flood control and recreation. Fishermen enjoy catching largemouth bass in Lake Austin’s waters (which is usually after dark in the summer since daytime boating activity on Lake Austin is significant in the warmer months). Canoeing, kayaking and rowing are also popular on the lake, but thanks to its water source from the bottom of Lake Travis, Lake Austin is so cold that if you are in the water, a wetsuit is likely in order. Lake Austin waterfront homes range from modest three bedroom homes to impressive nine bedroom estates. With its long, wandering path from Hwy 620 through Westlake Hills to Redbud Trail, there is sure to be a Lake Austin home with a quick commute to downtown, but the price of Lake Austin waterfront is certain to give pause. Lake Austin homes for sale range in price from $250K to over $1M. Proximity and access to Lake Austin makes the demand high for these homes. As of September 2013, the last tract of undeveloped land was put on the market, which means buyers can expect to see new Lake Austin lots and homes just to the west of the Pennybacker Bridge.

57 Listings Showing 1 - 50

Lake Austin Location and Map

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Lake Austin is one of the seven Texas Highland Lakes. It sits between the Mansfield Dam and the Tom Miller Dam, with Lake Travis upstream, and Lady Bird Lake downstream. Lake Austin runs through the West Austin West Lake Hills area and Northwest Travis County. The zip codes bordering Lake Austin are 78703, 78746, 78731, 78730, 78733, 78732, 78734, and 78738.

Lake Austin Real Estate

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Current Market: Lake Austin MLS Listings

Last Updated 03/27/17 at 11:30pm
Total Listings 57 Residential Listings 41 Home Sites 15
Avg List Price $3,329,461 Highest Price $9,400,000 Lowest Price $599,000
Avg Size (Sq Ft) 4,386 Avg Price / Sq Ft $880 Price / Sq Ft Range $251 - $5,272
Avg Lot Size 1.331 Avg Taxes / Year $35,836 Avg Year Built 1939

Note: Averages and Prices do not include home sites. Data based on current listings only. For historical information contact us.

Newest listings in Lake Austin

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from March 28th, 2017 at 12:31pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.