Bee Cave, TX 78738
Bee Cave is where the Creath Partners office sits, at the Hill Country Galleria; this page tracks 78738 prices, events and civic news.
Market snapshot · As of September 28, 2026
Over the three months ending August 2026, the median sale price in ZIP 78738 was $976,777, up 13.3% year over year, and 215 homes sold, up 9.2%. Homes sold after a median 69 days versus 80 a year earlier, at about 97.3% of list. Travis County, the closest level at which months of supply is published, sat at 5.1 months in August.
Median sale price, homes sold, days on market, sale-to-list and price per square foot: Redfin calculations from MLS and public records for ZIP 78738, rolling three months ending August 2026, retrieved September 28, 2026. This is a different measure from the July report's median, which was a single-month Unlock MLS figure published by Community Impact; Community Impact has not published ZIP-level data since. Months of supply: Unlock MLS August 2026 Central Texas Housing Report, Travis County, because ZIP-level supply is not publicly reported. Price distribution is approximated by counting Redfin's 301 active listings in 78738 across price filters on September 28, 2026, so it reflects asking prices of current inventory, not closed sales.
As of September 28, 2026 · redfin.com · unlockmls.com
Latest Market Report
The 78738 median sale price was $976,777 over the three months ending August 2026, up 13.3% year over year, while the Austin metro median fell 6.4%. Sales rose 9.2% and homes sold 11 days faster than a year ago, though slower than in spring.
Redfin puts the 78738 median at $976,777 for the three months ending August 2026, against a 6.4% metro decline.
July's $950,000 was a single-month Unlock MLS figure; this report uses Redfin's three-month median because that series stopped updating.
Median days on market was 69 versus 80 a year earlier, up from the 48-day spring window cited in July.
215 homes sold in 78738 over the three months ending August 2026, and sale-to-list reached 97.3%.
County inventory is down 0.8 months year over year but up from 4.7 months in June; ZIP-level supply is not published.
Bee Cave sits about 15 miles west of downtown Austin, where Highway 71 meets RR 620 in the Texas Hill Country. Its center of gravity is the Hill Country Galleria, a 152-acre open-air center that also houses Bee Cave City Hall and the Bee Cave Public Library. The ZIP is 78738, served by Lake Travis ISD, and named communities in the ZIP include Lake Pointe, Spanish Oaks and Falconhead. Civic news this year has centered on growth along Highway 71: the CesiumAstro headquarters campus near Sweetwater Village Drive, a city order halting unapproved construction near Sweetwater over stormwater concerns, and a restarted design process for the new public safety building.
The 152-acre open-air center at Highway 71 and Hill Country Boulevard holds shopping, restaurants, Bee Cave City Hall and the Bee Cave Public Library. The Bee Cave Farmers Market runs every Sunday from 10 a.m. to 2 p.m. in the Central Plaza.
Bee Cave Arts Foundation runs The Hive gallery at 12912 Hill Country Blvd, Suite F160. Its fall calendar lists an Urban & Pop Art exhibition from October 10 to November 6, 2026, followed by a Holiday Market and Celebrating Women show.
ZIP 78738 is served by Lake Travis ISD, including Bee Cave Elementary, Lake Pointe Elementary, Bee Cave Middle School and Lake Travis High School. GreatSchools rates Lake Pointe Elementary 10/10 and Bee Cave Elementary 8/10. Zoning varies by address, so confirm the assigned campus with the district.
Highway 71 and RR 620 are the two main arteries. In March 2026 the city council approved an alignment for a Southwest Collector connecting Hamilton Pool Road to local streets as an alternative route.
CesiumAstro is relocating its headquarters and advanced manufacturing to a 270,000-square-foot, three-building campus near Highway 71 and Sweetwater Village Drive. The company projects more than 500 jobs over five years, with production scheduled to begin in 2027.
Redfin showed 301 active listings in 78738 on September 28, 2026. About 30% were asking under $750K, 24% between $750K and $1M, 28% between $1M and $2M, and 18% above $2M.
Common Questions
The median sale price in ZIP 78738 was $976,777 over the three months ending August 2026, up 13.3% year over year, according to Redfin. That covers the whole ZIP, which extends beyond Bee Cave city limits. Median price per square foot was $284, up 5.8% from a year earlier.
Prices are still rising while Austin's fall. The Austin metro median fell 6.4% year over year in August 2026 to $412,000, and Travis County fell 6.4% to $489,000, per Unlock MLS. Over the same period, Redfin's 78738 median rose 13.3%. A three-month ZIP median can swing with which homes close, so check comps.
Homes in 78738 sold after a median 69 days over the three months ending August 2026, down from 80 a year earlier, per Redfin. That is 11 days faster year over year, though slower than the 48-day median for the spring window. Sales rose 9.2% to 215 homes.
Mostly. The sale-to-list ratio in 78738 was 97.3% over the three months ending August 2026, up 0.8 points year over year, per Redfin. About 11.5% of homes sold above list, and 40.2% of listings took a price drop, down 8.7 points from a year earlier.
Redfin showed 301 active listings in ZIP 78738 on September 28, 2026, with about 46% asking over $1 million. ZIP-level months of supply is not published. Travis County had 5.1 months of inventory in August 2026, down 0.8 months from a year earlier, per Unlock MLS.
Bee Cave kept its city property tax rate at $0.0200 per $100 of valuation for fiscal 2026-27, approved September 22, 2026. Community Impact reports the average homestead pays about $153.61 a year to the city. School district, county and other taxing units bill separately.
The Hill Country Galleria is a 152-acre open-air center at Highway 71 and Hill Country Boulevard with shops, restaurants, Bee Cave City Hall and the Bee Cave Public Library. The Bee Cave Farmers Market runs there every Sunday from 10 a.m. to 2 p.m., and the center hosts seasonal events.
Jonathan Creath is a Real Estate Advisor with Kuper Sotheby's International Realty and part of Creath Partners, the family business his father Garry Creath founded in 1971 and brought to Austin in 1989. The Creath Partners office is in Bee Cave at 13420 Galleria Circle. TREC license #547237.
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Creath Partners was founded by Garry Creath and remains a family business to this day — begun in Colorado Springs in 1971, grown in Lubbock, and brought to Austin in 1989. Service during and after.
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13420 Galleria Circle, Suite A-105, Austin, TX 78738
(512) 406-1086 jonathan.creath@sothebysrealty.com
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). 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. Licensed by the Texas Real Estate Commission, #547237.
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