The Most Expensive Neighborhoods in Austin

Austin, once known for its college-town charm and eclectic live music scene, has grown into a vibrant tech hub that now attracts residents and businesses from across the world. As the city's population continues to soar, Austin’s real estate market has followed suit, with certain neighborhoods seeing a dramatic rise in home values. So, where can you find the most exclusive, high-end properties in the city?

This guide uncovers Austin's most luxurious neighborhoods, where breathtaking views, top-tier amenities, prestigious schools, and unmatched recreational opportunities create an elite living experience. Whether you're a potential buyer, a long-time resident, or simply intrigued by the world of luxury real estate, let’s dive into the most expensive neighborhoods in Austin.

A Glimpse into Austin's Elite Neighborhoods

While Austin offers a wide array of living options, a handful of neighborhoods consistently rank among the city's most exclusive. These sought-after enclaves are home to sprawling estates, private retreats, and a blend of factors that contribute to their soaring property values.

West Lake Hills

Situated just west of downtown, West Lake Hills is a premier destination for those seeking luxury living with a natural twist. This affluent neighborhood, nestled in the rolling hills of the Texas Hill Country, is home to estates often valued in the multi-millions. It offers unparalleled privacy and sweeping views of the surrounding landscape.

Why it's so desirable:

• Scenic beauty: Homes feature stunning panoramic views of the Texas Hill Country, often with private pools and expansive outdoor living spaces.

• Elite amenities: West Lake Hills is home to the prestigious Barton Creek Country Club, which boasts some of the finest golf courses in Texas. The recently renovated Omni Barton Creek Resort & Spa adds an extra layer of sophistication for those seeking relaxation.

• Top-tier education: Families flock to West Lake Hills for the highly acclaimed Eanes Independent School District, with Westlake High School regularly ranked among the top 100 in the U.S.

West Lake Hills offers the perfect blend of nature and luxury, making it a top choice for affluent buyers. The average home value of homes in West Lake is at $2.8 million as of September 2024.

>> VIEW HOMES FOR SALE IN WEST LAKE HILLS <<

Barton Creek

If you crave upscale living paired with world-class golfing, Barton Creek is a neighborhood that ticks all the boxes. Located in southwest Austin, Barton Creek boasts an average home value of $2.1 million as of September 2024 and offers an eclectic mix of traditional and modern architecture.

What makes Barton Creek stand out:

• Golf courses galore: The neighborhood is home to four championship golf courses designed by legends like Tom Fazio and Ben Crenshaw. Residents enjoy an unmatched golfing experience, with courses that rival some of the best in the world.

• Luxurious lifestyle: The Omni Barton Creek Resort adds 4,000 acres of landscaped beauty, high-end accommodations, and spa services that draw in those seeking a true retreat.

• Outdoor adventures: Proximity to Zilker Park, the Barton Creek Greenbelt, and Sculpture Falls make Barton Creek an oasis for nature lovers.

Barton Creek delivers a luxurious lifestyle with top-notch golf courses and natural beauty right outside your door.

>> VIEW HOMES FOR SALE IN BARTON CREEK <<

Tarrytown

Nestled just west of downtown Austin, Tarrytown is an architectural gem that blends historic charm with modern luxury. This neighborhood is known for its stately homes from the early 1900s, alongside sleek, renovated residences that boast contemporary flair. As of September 2024, Tarrytown has an average home value of $2.6 million.

Key highlights of Tarrytown:

• Historic appeal: Stately homes lined with mature oak trees offer a sense of history, while many properties have been updated with modern finishes.

• Nature at your doorstep: Tarrytown is steps away from Austin's most beloved green spaces, including the Shoal Creek Greenbelt and Mayfield Park, ideal for those who enjoy a peaceful retreat within city limits.

• Community feel: Tarrytown’s close-knit atmosphere and proximity to downtown create an unbeatable combination for those wanting a neighborhood with a sense of tradition and modern convenience.

Tarrytown is the perfect choice for those who desire both historical charm and modern luxury living.

>> VIEW HOMES FOR SALE IN TARRYTOWN <<

Rollingwood

Just southwest of downtown, Rollingwood offers a peaceful escape without sacrificing proximity to the city center. Homes in Rollingwood have an average value of $2.4 million. This exclusive neighborhood boasts spacious, luxurious homes and is known for its large lots, mature trees, and serene atmosphere.

Why Rollingwood appeals to buyers:

• Proximity to downtown: Despite its quiet, suburban feel, Rollingwood is only minutes from the vibrant downtown area, making it a prime spot for professionals who want both convenience and tranquility.

• Top schools: Like West Lake Hills, Rollingwood is part of the Eanes Independent School District, renowned for its excellent academic programs.

• Outdoor activities: Residents can easily access Zilker Park, the Barton Creek Greenbelt, and Lady Bird Lake, offering numerous opportunities for hiking, biking, and kayaking.

Rollingwood offers the best of both worlds: serene, spacious living just minutes from Austin’s city center.

>> VIEW HOMES FOR SALE IN ROLLINGWOOD <<

Davenport Ranch

Perched atop the scenic hills of West Austin, Davenport Ranch offers some of the most stunning views in the city. This luxurious neighborhood has a median listing home price of $1.8 million. Davenport Ranch combines nature, privacy, and exclusivity, with many homes overlooking Lake Austin and the surrounding hills.

Davenport Ranch's appeal:

• Lake access: Many residents enjoy direct access to Lake Austin, perfect for boating and water sports enthusiasts.

• Elite living: Homes in Davenport Ranch are known for their sprawling lots, high-end finishes, and architectural designs that take full advantage of the panoramic vistas.

• Community spirit: Though secluded, Davenport Ranch fosters a tight-knit community, with residents often gathering for neighborhood events and outdoor activities.

Davenport Ranch delivers luxury living with scenic beauty and lakefront access that’s hard to beat.

>> VIEW HOMES FOR SALE IN DAVENPORT RANCH <<

Clarksville

For those seeking luxury in a more urban setting, Clarksville offers a unique blend of history, charm, and modern living. Located just west of downtown, this neighborhood has an average median sale price of $1.3 million and is one of Austin's most historic areas, featuring homes that date back to the late 1800s.

What makes Clarksville special:

• Urban convenience: Clarksville's central location offers easy access to downtown Austin’s shopping, dining, and entertainment scene, while still maintaining a quaint, residential feel.

• Historic appeal: The neighborhood's historic homes exude character, with many preserved or renovated to retain their original charm while incorporating modern touches.

• Walkability: With tree-lined streets, cozy cafes, and local boutiques, Clarksville is one of Austin’s most walkable neighborhoods, making it ideal for those who prefer an urban, pedestrian-friendly lifestyle.

Clarksville provides the perfect mix of historic charm and urban living just minutes from downtown Austin.

>> VIEW HOMES FOR SALE IN CLARKSVILLE <<

Pemberton Heights

Located in central Austin, Pemberton Heights is one of the city’s most prestigious and long-standing luxury neighborhoods. Homes in Pemberton Heights in Austin have a median home price of $2.8 million as of February 2024. Known for its historical homes and tree-lined streets, Pemberton Heights offers a sense of old Austin charm with the conveniences of modern luxury.

Why Pemberton Heights stands out:

• Historic homes: This neighborhood is home to some of Austin’s most iconic early 20th-century estates, many of which have been beautifully restored.

• Prime location: Situated just north of downtown, Pemberton Heights offers easy access to the city’s cultural attractions, including museums, theaters, and fine dining.

• Quiet elegance: Pemberton Heights is known for its peaceful, residential atmosphere, providing a serene escape within minutes of the city center.

Pemberton Heights brings old-world elegance to a central Austin location, perfect for those seeking classic luxury.

Navigating the High-End Real Estate Market

Are you ready to explore Austin’s most prestigious neighborhoods? Entering this exclusive market requires not only a sharp eye but also a trusted guide. Let’s break down a few of the factors influencing home values in Austin’s high-end market:

Factors That Influence Value:

• Location: Proximity to attractions like Zilker Park, Lady Bird Lake, and prestigious school districts can significantly increase a property’s value.

• Lot Size and Privacy: Larger lots, mature trees, and carefully planned landscaping often command higher premiums in these affluent areas.

• Architectural Significance: Homes with unique architectural designs or historical significance, such as mid-century modern estates, often come with added value.

Understanding these key factors is essential for buyers looking to invest in Austin’s luxury real estate market.

Insider Tips for Luxury Buyers

For those serious about investing in Austin’s luxury market, here are some key insider tips to help you navigate the competitive landscape:

• Work with a specialist: Seek out a realtor who specializes in luxury real estate to gain deeper insights into these exclusive neighborhoods.

• Act fast: High-end properties often attract multiple offers. Be prepared with your financing to move quickly when the perfect home arises.

• Focus on long-term value: Austin's most expensive neighborhoods are known for their stability and growth potential. Buying in these areas can be a solid investment.

These insider tips will help you make smart, informed decisions when entering Austin’s high-end real estate market.

Buying Luxury Homes in Austin, TX

From the hilltop views of West Lake Hills to the peaceful, tree-lined streets of Tarrytown and the world-class golf courses of Barton Creek, Austin's luxury neighborhoods offer a lifestyle that is unmatched. These enclaves embody the best of what Austin has to offer: a combination of natural beauty, high-end amenities, and a vibrant, growing community.

Ready to find your dream home in one of Austin’s most exclusive neighborhoods? Click here to speak to a Real Estate Consultant today!

Resources:

• Zillow
• Redfin
• Realtor.com