Bee Cave Community Guide | Bee Cave, TX Real Estate

Bee Cave Real Estate Market — September 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

$977K

↑ +13.3% YoY

Homes Sold

215

↑ +9.2% YoY

Days On Market

↓ -13.8% YoY

Sale To List

~97%

↑ +0.8% YoY pts

Price Per Sq Ft

$284

↑ +5.8% YoY

Travis Co. Supply

5.1 mo

↓ -13.6% YoY

— Where the inventory sits

Under $750K30%

$750K-$1M24%

$1M-$2M28%

$2M+18%

— Data & sources

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

Bee Cave Market Report: 78738 Holds Double-Digit Gains While Austin Slips

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.

Median up 13.3% year over year

Redfin puts the 78738 median at $976,777 for the three months ending August 2026, against a 6.4% metro decline.

New measure, not a new price

July's $950,000 was a single-month Unlock MLS figure; this report uses Redfin's three-month median because that series stopped updating.

Faster than last year, slower than spring

Median days on market was 69 versus 80 a year earlier, up from the 48-day spring window cited in July.

Sales volume up 9.2%

215 homes sold in 78738 over the three months ending August 2026, and sale-to-list reached 97.3%.

Travis County at 5.1 months supply

County inventory is down 0.8 months year over year but up from 4.7 months in June; ZIP-level supply is not published.

Read the full September 2026 report →

— Earlier reports

July 2026

What It's Like to Live in Bee Cave

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.

Hill Country Galleria

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.

shoppingdiningcity hallfarmers market

The Hive & Local Arts

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.

artsexhibitionsgallery

Lake Travis ISD Zoning

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.

schoolsLTISDzoning

Getting Around

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.

commuteHwy 71RR 620

Employment Nearby

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.

employersaerospacejobs

Housing Mix

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.

housing stockprice range

Questions People Ask Most About Bee Cave

What's the median home price in Bee Cave right now?

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.

How is the Bee Cave market doing right now?

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.

How fast are homes selling in Bee Cave?

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.

Are Bee Cave sellers getting close to asking price?

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.

How much inventory is on the market in Bee Cave?

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.

What are Bee Cave city property taxes?

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.

What's actually at the Hill Country Galleria?

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.

Who is Jonathan Creath?

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.

What's Happening in Bee Cave

October 10, 2026registration

AIM Tutus and Ties Fun Run

A self-timed 5K run or walk through the Hill Country Galleria benefiting AIM. Check-in at the Central Plaza at 7:30 a.m., race start at 8 a.m.

October 24, 2026free

Common Ground Arts Festival

Contracommon's sixth annual festival fills the Galleria's Central Plaza from 11 a.m. to 5 p.m. with 30-plus creative vendors, four live music acts and hands-on activities. Attendance is free.

October 25, 2026free

Rolling Sculpture Car Show

Collector cars, exotics, hot rods and art cars line the streets of the Hill Country Galleria from 10 a.m. to 3 p.m., with live music. Free for spectators; proceeds benefit the Bee Cave Public Library.

November 21, 2026annual

Holiday Market / Celebrating Women

Bee Cave Arts Foundation's holiday show at The Hive, 12912 Hill Country Blvd, Suite F160, running through January 7, 2027.

What's New in Bee Cave

GovernmentSeptember 23, 2026

Bee Cave holds its tax rate and approves a budget with a $1.49M surplus

At its September 22 meeting, Bee Cave City Council kept the city property tax rate at $0.0200 per $100 of valuation, where it has stayed for more than 15 years, and approved a budget of nearly $26 million. The city projects about $14.3 million in revenue against $12.8 million in expenses, with sales tax making up almost 78% of revenue. Community Impact reports an average taxable homestead value of $768,061 and an average city tax bill of $153.61. The budget and rate take effect October 1.

DevelopmentAugust 3, 2026

City issues cease and desist to developers near Sweetwater

Bee Cave sent cease and desist letters on July 24 to two developers of three properties along Highway 71 near the Sweetwater community after construction began without city approval. The city says the existing stormwater and water quality ponds maintained by Lazy Nine MUD have not been shown sufficient to protect against flooding and pollution. City staff will monitor the properties and work with the Lower Colorado River Authority on compliance.

GovernmentJuly 17, 2026

Council voids public safety building design contract and restarts procurement

Bee Cave City Council voted unanimously to void its contract with architecture firm PGAL for the planned public safety building, which is to house the police department and Lake Travis Fire Rescue Station 603. The city alleges the selection process violated the Texas Public Services Procurement Act, an allegation the former city manager's attorney disputes. The city says it will restart procurement for the building, which voters approved siting on city-owned land in May 2025.

Talk to Someone Who Knows Bee Cave

Jonathan Creath

Real Estate Advisor · Kuper Sotheby's International Realty

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.

(512) 406-1086 jonathan.creath@sothebysrealty.com

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Living in Bee Cave.

Bee Cave Real Estate Market — September 2026