Lake Austin

Lake Austin waterfront properties primarily fall within zip codes 78733 and 78746. Additional zip codes with lake-adjacent or lake-access properties include 78703, 78730, 78731, and 78732 on the east side, and 78732 and 78734 further west near Mansfield Dam. The 78733 zip code covers much of the south and west shore including neighborhoods like Cuernavaca, Austin Lake Hills, and Rivercrest.

Yes, for buyers who prioritize waterfront lifestyle, privacy, and Hill Country scenery with city access. Lake Austin offers constant-level water access year-round, 20 to 30 minute proximity to downtown Austin, and many neighborhoods served by Eanes ISD. True waterfront properties median around $4M. The tradeoff is price and availability — the best waterfront properties rarely appear on public MLS.

True waterfront properties on Lake Austin have a median sale price of approximately $4M, with an average of $3.1M across recent transactions.¹ The broader 78733 zip code averages $1,313,259 with listings ranging from $325,000 to $6,500,000.² Entry-level lake-access homes with community boat ramps start around $750,000 to $1M in the far west shore neighborhoods.

Lake Austin properties are served by three school districts. Eanes ISD covers the south and west shore including most of 78733 and 78746 — this includes Westlake High School, frequently ranked in the top 1% of schools nationally. Austin ISD serves the eastern sections near downtown. Lake Travis ISD covers the far western portions near Mansfield Dam. School district boundaries vary street by street in some areas — always verify the specific address before purchasing.

Lake Austin is a constant-level reservoir on the Colorado River stretching 22 miles from Tom Miller Dam near downtown to Mansfield Dam. Its water level stays consistent year-round, meaning docks and boat access are always functional. Lake Travis is a flood-control reservoir further west with significant water level fluctuations. Lake Austin properties sit closer to downtown and command higher prices per frontage foot. Lake Travis offers more surface area and a broader range of price points.

Yes. Many Lake Austin waterfront properties sell as private exclusives and never appear on public MLS listings. Sellers in this market often prefer controlled, discreet transactions. Buyers looking for true waterfront estates above $3M should work with an agent who has direct relationships with property owners and access to off-market inventory rather than relying solely on MLS searches.