Austin Suburbs; Lake Travis vs. Westlake
The Ultimate Showdown of Austin's Suburbs, Lake Travis vs Westlake
Austin, Texas, a city full of life and a population surpassing 2.3 million, is home to some of the most sought-after neighborhoods in the Lone Star State. Among these, Westlake and Lake Travis stand out, where it is hard to find a house worth less than a million dollars and most are well north of that price point.
But there's more to these neighborhoods than their price tags. From Westlake's rolling hills to Lake Travis's peaceful shores, each offers a blend of luxury, comfort, and the ideal Austin lifestyle. Join us as we explore what makes these areas unique for prospective residents.
Westlake
Just about 5 miles from downtown Austin lies the prestigious neighborhood (and city) of Westlake. This area came into its own in the 1950s and is now a hub of affluence and education. With a median household income of $230k and 92% of its residents holding college degrees, Westlake is synonymous with success.
In Westlake, you'll find a community that caters to high-flying executives from renowned companies like Dell, IBM, and PayPal. This neighborhood is a hub of activity, conveniently close to some of Austin's most famous attractions, inclduing minutes to downtown the popular Zilker Park. The educational setting is equally prestigious, with Westlake High School ranking third in Texas and Eanes ISD being the top district. The school district is probably the single-biggest draw in the Westlake area with families eager to get their children into the Eanes district.
On the Western edge between Westlake and Lake Travis, residents enjoy the Hill Country Galleria, where high-end brands like Gucci are at your fingertips.
The real estate here is as impressive as its residents, with homes in gated communities such as Rob Roy and The Cliffs averaging over $1.85 million. Recently, house prices were up by about 6.3%. But this change is different everywhere; in 2023 there was a lot of price fluctuation, with older parts of Westlake, house prices went down slightly (by as much as 7.2%), while in newer areas, they increased as much at 20%.
Lake Travis
If you drive 11 miles northwest of the city, you'll find the captivating Lake Travis area. This community began its journey in the 1930s by creating the Lake Travis reservoir. This area blends natural beauty and suburban comfort, with a median household income of $120k and a highly educated crowd, with 82% having college degrees. The educational system, featuring Lake Travis High School and Lakeway Elementary in the Lake Travis ISD district, is also among the best in the state.
Lake Travis is a retreat for those seeking a peaceful getaway, often chosen for second homes or vacations. Picture yourself enjoying a sunset dinner at The Oasis, known as the "Sunset Capital of Texas," with panoramic views of the lake, or indulging in the rustic elegance of Steiner Ranch Steakhouse, surrounded by the lavish landscape. (Though, truth be told, the NewHomesMate team prefers the Oasis Brewing Company; Better food and beer).
But the heart of Lake Travis's appeal is its rich outdoor life, centered around Pace Bend Park, which offers water sports, hiking, and other activities. Whether it's boating, fishing, or simply going for an afternoon swim, Lake Travis offers an active lifestyle.
The homes here are as breathtaking as the views, with custom-built residences and lake houses on large lots, averaging a list price of $1.1 million. Prices are going up by about 4.1% on average, but there is a lot of fluctuation depending on neighborhoods.
Lake Travis or Westlake? Which One Do You Prefer?
Whether you're drawn to the upscale, convenient living of Westlake or the serene, nature-infused lifestyle of Lake Travis, your perfect home awaits. Don't just dream about your ideal Austin life; make it a reality. Start your journey with NewHomesMate today, where we're committed to helping you find not just another house but a place you can turn into a home. Begin your home search with a partner you can trust. Compare all the Austin area new construction homes here!