Best Austin Neighborhoods: The Lake Austin Guide

Want to live the lake life without being too far from the center of it all? Lake Austin may just be your dream neighborhood. It’s just a few minutes from the best the city has to offer while giving you access to a natural getaway right in your backyard.

Lake Austin is the waterway that connects Lake Travis to Lady Bird Lake in Downtown Austin. At the center of the capital city, the Lake Austin neighborhood gives you the best of both worlds—proximity to downtown Austin with the natural backdrop of the beautiful lake and hills.

In this Lake Austin neighborhood guide, we’ll show you why people love living in this unique and stunning area.

Zip Code


Average Price/SqFt


Home Styles

Varied from traditional, mid-century modern to grand luxury estates and new construction compounds

Average Home Price

$5M - $10M+

Untitled design (2)

Total # of Homes

*Lake Austin is home to some of Austin’s most notable figures. Call Wade if you want to learn more about living in Lake Austin.

Texas is a non-disclosure state. This means that the sales price of real property is not recorded and made available through the public record. The majority of properties are sold as off-market transactions. These transactions also often include an NDA to protect both the buyer and seller. The financial details of these transactions are not public record and are not reflected in ABoR’s MLS data.

Lake Austin Real Estate

Before you start looking for your dream home in Lake Austin, here’s what you should know about the neighborhood and its real estate.

Neighborhood Ambiance

Lake Austin attracts those who embody the laid-back yet lively charm of the city itself. The neighborhood serves as a quiet natural oasis where residents can enjoy their favorite waterfront outdoor activities when the sun is out and then head downtown at night. 


Most of Lake Austin’s properties are in smaller communities, but there are some larger options including Rivercrest, Rockcliff, Greenshores, Riverplace, St. Tropez, and others. Either way, you’ll find that your neighbors are friendly and laid back in a way that is quintessentially Austin.

Architectural Styles

Some of Austin’s most expensive and exclusive real estate is found on the shores of Lake Austin. Some homes feature cliffside views high above the water while others offer direct lake access. The area features large lots with most having over 100 feet of lake frontage, which is the minimum necessary to have a boat dock. 


The Lake Austin neighborhood features a variety of architectural styles. Home styles range from traditional and mid-century modern to grand, luxury estates and new construction compounds.

Average Home Price

The average home closing price in Lake Austin is $4,943,942 or an average of $1,349 per square foot.


Lake Austin has a Walk Score of 71, making it a very walkable area where you can run errands, grab a bite to eat, or even just enjoy a stroll without difficulty. It’s also a great area for biking.



Lake Austin residents have access to multiple excellent independent school districts (ISDs). The ISD that you are zoned for will depend on where you live in Lake Austin. Those living in the area may be zoned for Eanes ISD, Lake Travis ISD, and Leander ISD—all of which offer highly rated school options.

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