Real Estate

August 20, 2024

The Best Neighborhoods in Austin - Selected by an Austin Realtor

Best Neighborhoods in Austin for Every Kind of Buyer

Austin, Texas has become one of the hottest real estate markets in the country. With its vibrant culture, booming job market, and beautiful natural surroundings, it's no wonder that people are flocking to the Texas state capital. 

We wrote this guide to provide solutions for 5 different groups of people who are moving to Austin: 

  • Families should look to the neighborhoods and cities of North Austin for affordability and great schools.
  • Singles will find a great combination of night life, parks and affordability in South Austin.
  • White collar professionals should look to downtown Austin, Jester and Brentwood for access to downtown at a premium.
  • Tech workers are flocking to Lakeway, Parmer Lane and Dripping Springs for access to tech campuses.
  • Georgetown is an established hub for retirees, with great master-planned communities like Sun City.

But with so many neighborhoods in Austin to choose from, how do you know which is the best neighborhood for you?

We Talked to a Local Realtor to Help Out-of-Town Movers

To get the inside scoop on Austin's best neighborhoods, we spoke with Mason Bleasdell, who knows Austin well -- he's in the top .5% of real estate agents by transactions. He has experienced the ups and downs of the local real estate scene, including the challenges of selling during the COVID-19 pandemic.

To determine affordability, we pulled property tax data from a sample of homes in each neighborhood. We then compared these 'nominal' property tax rates to Census Bureau data on actual property taxes paid per capita by each city. 

Note: Many online 'Texas property tax' lists are too low. While they capture municipal, county, and school district taxes, they leave out niche taxing entities like hospitals, community colleges, or municipal utility districts

We combined this data with Zillow home value estimates to provide rough comparisons on price and affordability between each neighborhood.

Austin is a diverse, thriving city that attracts a variety of buyers. We’ll introduce you to the best places for buyers in each category, so you can move into the right Austin neighborhood for you.

Best Austin Neighborhoods for Families

When it comes to finding the best neighborhood for families, we looked at several key factors:

  1. Highly rated school districts
  2. Family-friendly amenities
  3. Safe communities
  4. Proximity to work and activities

Here are our recommendations:

Round Rock

round rock water tower in austin texas neighborhood

25 minutes north of downtown Austin, Round Rock balances city access with great schools. It also has lots of outdoor activities. "They've got more parks than most of the suburbs around Austin… the Brushy Creek regional trail system runs right through Round Rock."

Round Rock’s also popular with families because it's affordable, in more ways than one. "Round Rock also has really low taxes," Mason explains - the effective property tax rate for all homes hovers around 1.4%. Additionally, the median home price in Round Rock of $446,025 is 18% lower than Austin proper.

Round Rock Highlights

  • Award-winning restaurants like Salt Lick BBQ
  • Several company HQ’s, such as Dell
  • Numerous parks and trails
  • Low property taxes

Actual property tax rate: 1.754%

Average Home Value: $446,025

Leander

Leander is arguably Austin’s fastest growing suburb. Built along a railroad line coming out of Austin, the population has increased tenfold from 7,600 in 2000 to nearly 74,000 today.

Developers have shown a lot of interest due to Leander’s growth, creating master planned communities like Crystal Falls with lots of new construction inventory for parents looking to move. "I've got a family of eight actually moving into Crystal Falls from that area right now," Mason shares.

Leander Highlights

  • Easy access to major employers like Apple
  • Family-oriented community events
  • On-site elementary schools
  • Hill country views

Actual Property Tax Rate: 2.019027%

Average Home Value: $465,359

Cedar Park

cedar park texas, neighborhood in austin texas
Images courtesy of the City of Cedar Park

Just south of Leander is Cedar Park - a much larger community that falls inside the same great school district as Leander. Cedar park is only a 20-minute drive from downtown Austin. It also boasts several large employers in the oil and gas industry, and Apple’s HQ is a 8-minute drive away.

 A local resident and mother of three stated: “I love all the outdoor things there are to do here, and there are so many community activities geared towards kids.”

Cedar Park Highlights

  • Excellent schools in Leander ISD
  • Proximity to major tech employers
  • Family-friendly attractions like the H-E-B Center
  • Beautiful parks and outdoor recreation areas

Actual Property Tax Rate: 1.971745%

Average Home Value: $502,235

Best Austin Neighborhood for Singles

“Keep Austin weird” is a mantra that defines the city’s reputation as a hub for creatives and those pursuing things slightly off the beaten path. We focused on areas that are affordable for single-income salaries. We also weighted nightlife and activities highly in our review. 

South Austin stood out from the pack for its mix of contemporary and “old West Austin” flavors, competitive median home price and laid-back atmosphere.

South Austin

"South Austin is a really popular neighborhood for my clients because of easy access downtown to a lot of the big employers here," Mason explains. "But it's also got that Austin vibe that everybody loves... It's got the local restaurants, bars, coffee shops, and live music."

South Austin gives you access to downtown without the price tag. single family homes average $471,188. If your budget is slightly lower, mason notes: "you can get condo townhomes right around that $300,000 price range." Travis Heights, a neighborhood ten minutes closer to downtown, lists at nearly double, that price.

Outdoorsy singles head to Barton Hills for hiking and biking at Barton Creek Greenbelt. South Lamar (SoLa) has the best nightlife scene in south Austin. Most area residents can get to UT Austin in 15 minutes or less by car.

South Austin Highlights

  • Right next to trendy South Congress area
  • Eclectic mix of local businesses and food trucks
  • Easy access to green spaces like Zilker Park. 
  • Affordable condo and townhome options
  • Walkable neighborhoods

Best Austin Neighborhoods for White Collar Professionals

We focused on neighborhoods friendly to those in finance, banking, and consulting due to Austin’s dual-natured identity as a hub for technology companies and the heart of Texas politics. 

All of the following neighborhoods are within a 20 minute drive of Austin’s Bergstrom International airport. The airport is well-served by Southwest, and American Airlines, as well as Delta.

Downtown Austin

downtown austin skyline with riverfront view in austin, tx
The Colorado River and Zilker Park border downtown for a stunning view

Downtown Austin is the heart of Austin’s political and legal industry, it also plays host to several corporate offices for Whole Foods, and H-E-B, as well as large international conferences like SXSW.

"Looking at condos downtown right now: there are some really amazing towers downtown," Mason shares. "If you look back at photos of the Austin skyline ten years ago versus now: completely different."

Downtown Austin Highlights

  • Luxury high-rise condos with amazing views
  • Vibrant nightlife and dining scene
  • Proximity to major employers
  • Walkable urban lifestyle

Actual Tax Rate: 2.974923%

Average Home Price: $715,534

Jester

Choose Jester if you want proximity to downtown Austin, and the ability to retreat from the bustle of the city in the evenings. "Jester is just northwest of Austin," Mason explains. Nestled into the Texas hill country, Jester is located off highway 360 and directly across from Bull Creek Park.

The other major advantage of moving away from downtown Austin is affordability. Property tax rates are much less due to the absence of the “Austin Downtown Public” tax.

Jester Highlights

  • Easy access to downtown
  • Beautiful hill country views
  • Quiet, suburban feel
  • Excellent schools

Actual Tax Rate: 1.974923%

Average Home Prices: $635,609

Brentwood

For those who want a more traditional Austin vibe, and maintain access to central Austin, choose Brentwood. "Brentwood is a really eclectic mix of different Austin folks," Mason says. "There’s still easy access to downtown, but it's so much quieter."

Brentwood also avoids the Austin Downtown Public tax, and homes come in at a similar price point to Jester. So pick your choice - hill country, or Austin Texas ‘weird’.

Brentwood Highlights

  • Close to popular dining and shopping areas
  • Urban feel with a quieter atmosphere
  • Walkable and bikeable
  • Mix of housing options

Actual Tax Rate:  1.975223%

Average Home Price: $638,381

Best Austin Neighborhoods for Entrepreneurs and Tech Workers

Austin's home to more than 15 top tech headquarters. If you’re moving to the area to work for one of these companies, we looked at neighborhoods popular with employees of major tech companies such as Tesla, and Apple.

Lakeway

overhead view of Lakeway community in austin TX

Lakeway is an upscale neighborhood that borders Lake Travis. For entrepreneurs: “Lakeway is the first one that comes to mind," Mason shares. "You're gonna get that hill country view, you're gonna get that beauty of Texas. And of course, they still have very easy access to Austin.” 

Part of the draw? Activities like cycling, boating, and hikes. “I find that my [entrepreneur] clients tend to value having things to do. So having really good access to the lake, they're within a 20-minute drive of Lake Travis.“

Lakeway Highlights

  • Beautiful lake views and hill country scenery
  • Strong sense of community
  • Upscale housing options
  • Excellent golf courses

Actual Tax Rate: 1.907823%

Average Home Price: $661,392

Dripping Springs

"Dripping Springs is also a really great one for [professionals]," Mason explains. "You're gonna get a lot of great golf courses out between Dripping Springs and Lakeway — some of the more exclusive golf clubs like Spanish Oaks, for example, are out that way."

Dripping Springs brings you off the beaten path. While it’s popular with tech company employees and entrepreneurs, it’s well over 40 minutes from central Austin. If your job’s not remote, it may not be a great fit. Because of the strong demand, home prices are elevated, but it does boast low tax rates compared to other neighborhoods on our list. 

Dripping Springs Highlights

  • Growing tech and startup scene
  • Acreage homes for more space
  • Proximity to Lake Travis
  • Excellent schools

Actual Tax Rate: 1.68182%

Average Home Price: $736,437

North Austin / Domain Area

North Austin is a great location for tech professionals due to the corporate campuses on Parmer Lane.

"Parmer Lane is... a corridor where most of those tech companies either lie directly on or really close to," Mason notes. 

It’s impossible to talk about this part of Austin without mentioning the Domain. The domain is Austin’s mixed use, high-end business-shopping-apartment development. Most of the modern amenities (think Apple, Whole Foods, Orange Theory Fitness) are available in a walkable package. 

North Austin Highlights

  • Proximity to major tech employers (Apple, Dell, Samsung)
  • New construction and master-planned communities
  • The Domain - Austin's "second downtown"
  • Easy access to shopping and dining

Actual Tax Rate: 1.974923%

Average Home Price: $697,162

Best Austin Neighborhoods for Retirees

For those looking to enjoy their golden years in Austin, we shifted our evaluation criteria. For retiree neighborhoods we looked at properties that had great access to activities, and healthcare within a short drive. 

Georgetown

historic building in Georgetown district of Austin TX

Georgetown is home to the “most beautiful town square in Texas.” The downtown area gets to the heart of the city’s culture. It’s filled with boutique shops, wine bars, and beautiful Texas architecture. 

"Georgetown tends to come up a lot, [for retirees]" Mason shares. "The city of Georgetown has a lot of different 55+ communities…they offer a lot in terms of amenities.” Some of those amenities include things like award-winning golf courses, while others are more practical: “things like medical coverage,” a St. David’s hospital is located in town, while large medical campuses are a short drive away.

Georgetown Highlights

  • Active adult communities with world-class amenities
  • Excellent healthcare facilities: St. David’s 
  • Great restaurants like Monument Cafe
  • Historic downtown square

Actual Tax Rate: 1.798145%

Average Home Price: $503,406

Sun City

Sun City is a master planned 55+ community that knows how to put together a great retirement neighborhood. “It has four different 18 hole golf courses," Mason explains. "I mean some truly exceptional lifestyle type of things - gyms, pools, indoor and outdoor lap lanes. They've got wood shops, they've got an on-site grocery store."

Surprisingly, these amenities don’t come at hugely inflated home prices or ridiculous tax rates. Homes fall on the lower side of the Austin area range at $462,649. The HOA also has relatively modest dues of $1200 per year. 

Sun City Highlights

  • Range of housing options and price points
  • Over 10,000 homes on 1,000 acres
  • Extensive amenities and activities
  • Four 18-hole golf courses

Actual Tax Rate: 1.920645%

Average Home Price: $462,649

Welcome to Austin!

Austin's diverse neighborhoods offer something for everyone, whether you're a young professional, a growing family, or a retiree looking for an active community. With its strong job market, excellent schools, and beautiful natural surroundings, it's no wonder that Austin continues to attract new residents from all walks of life.