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You are here: Home / Homes / Austin Neighborhoods with Great Schools for $400,000

Austin Neighborhoods with Great Schools for $400,000

March 1, 2016 By Rebecca Jacks

Highly rated schools in Austin aren’t just found in one area of town, which is great, but also confusing for home buyers who aren’t sure exactly where they want to live. To help you narrow down your choices, we’ve put together a list of Austin neighborhoods with great schools for $400,000.

Austin Neighborhoods with Great Schools for $400,000: Mapped

Rather see the list on a map or by school district? Check out our map of the Austin neighborhoods with great schools for $400,000.

Austin Neighborhoods with Great Schools for $400,000

In case you’re looking in a particular area of town, we’ve split up the list into areas of Austin. We’ve got neighborhoods in West Austin, Southwest Austin, Northwest Austin and Lake Travis.

West Austin Neighborhoods with Great Schools for $400,000

West Austin is home to Austin’s most well known and highly rated school district, the Eanes ISD. With an average price of just over $1MM and a median price of $800k, the Eanes ISD is outside the budget of many home buyers. However, if you know where to look, you can still find a home for less than $400,000 there. Here are the two West Austin neighborhoods with great schools for $400,000.

Austin Lake Hills

Austin neighborhoods with great schools for $400,000 austin lake hillsDistance to Downtown Austin: 23 minutes, 12 miles
Zip Code: 78733
School District: Eanes ISD
Elementary School: Valley View
Middle School: West Ridge
High School: Westlake
Average Price: $509,961
Median Price: $503,804

Austin Lake Hills is an eclectic neighborhood in West Austin. With no HOA to create architectural guidelines, residents have chosen to build many different sizes and styles of homes. You’ll find everything from your basic starter home to brand new, luxury homes. One of the big draws are the amenities the voluntary HOA provides. With membership in the HOA, you’ll get lake access, a public boat ramp, community pool, playground, sport court and beach area. If you’re looking for highly rated schools and affordability, Austin Lake Hills is a great place to explore.

For more info and to search homes for sale, visit our Austin Lake Hills Neighborhood Guide.

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Austin Lake Estates

Austin neighborhoods with great schools for $400,000 austin lake estatesDistance to Downtown Austin: 26 minutes, 13 miles
Zip Code: 78733
School District: Eanes ISD
Elementary School: Valley View
Middle School: West Ridge
High School: Westlake
Average Price: $438,310
Median Price: $391,250

Austin Lake Estates is located adjacent to Austin Lake Hills and has the same voluntary HOA with great amenities. As with Austin Lake Hills, Austin Lake Estates does not have a typical home profile, which is part of what makes the neighborhood unique. If you like Austin Lake Hills, Austin Lake Estates is definitely worth a look.

For more info and to search homes for sale, visit our Austin Lake Estates Neighborhood Guide.

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Southwest Austin Neighborhoods with Great Schools for $400,000

If you’re looking for highly rated schools in Southwest Austin, you have more great choices. Southwest Austin spans the Bowie High School section of the Austin ISD and a section of the Dripping Springs ISD. Neighborhoods range from a suburban feel to more of a Texas Hill Country feel. All are convenient to Downtown Austin, the airport or Southwest Austin employers. Here is our list of Southwest Austin neighborhoods with great schools for $400,000.

Circle C

Austin neighborhoods with great schools for $400,000 circle cDistance to Downtown Austin: 18 minutes, 12.5 miles
Zip Code: 78739
School District: Austin ISD
Elementary School:Baranoff, Clayton or Kiker
Middle School: Gorzycki or Bailey
High School: Bowie
Average Price: $457,285
Median Price: $437,500

Circle C is one of Southwest Austin’s most popular neighborhoods. With three amenity centers, on-site schools, shopping and dining, there really is not much Circle C doesn’t have. Built over the last three decades, Circle C’s pocket neighborhoods have different feels. The more established neighborhoods have mature trees and larger lots, while the newer sections have more modern, move-in ready homes. If you’re looking for highly rated schools in a master planned community close to Downtown Austin, Circle C is the place to start your search.

For more info and to search homes for sale, visit our Circle C Neighborhood Guide.

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Meridian

Austin neighborhoods with great schools for $400,000 meridianDistance to Downtown Austin: 21 minutes, 16 miles
School District: Austin ISD
Zip Code: 78739
Elementary School: Baldwin
Middle School: Gorzycki
High School: Bowie
Average Price: $501,705
Median Price: $432,100

Meridian is located adjacent to Circle C, along the Grey Rock Golf Course. Many confuse it as a section of Circle C, when it is in fact a separate neighborhood. Built in the late 2000’s, Meridian homes have open floor plans and a more luxury level of finish out. Some homes even back to the golf course, which gives owners an alternative to a greenbelt lot. Meridian home owners enjoy an on-site elementary school and amenity center with a community pool.

For more info and to search homes for sale, visit our Meridian Neighborhood Guide.

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Shady Hollow

Austin neighborhoods with great schools for $400,000 shady hollowDistance to Downtown Austin: 21 minutes, 13.7 miles
Zip Code: 78739 & 78748
School District: Austin ISD
Elementary School: Baranoff
Middle School: Bailey
High School: Bowie
Average Price: $357,575
Median Price: $346,800

Shady Hollow is one of the more established Southwest Austin neighborhoods and popular among home buyers looking for more character. Much like other master planned communities, Shady Hollow has different sections with something unique to offer. The oldest sections of Shady Hollow have homes on large, ½ acre lots littered with mature trees. The newest section has homes built in the early 2000’s, so they have floor plans today’s buyers are looking for. If you’re looking for acre plus lots, you’ll find that in the Estates of Shady Hollow.

For more info and to search homes for sale, visit our Shady Hollow Neighborhood Guide.

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Belterra

Austin neighborhoods with great schools for $400,000 belterraDistance to Downtown Austin: 26 minutes, 18.5 miles
Zip Code: 78737
School District: Dripping Springs ISD
Elementary School: Rooster Springs
Middle School: Dripping Springs
High School: Dripping Springs
Average Price: $409,020
Median Price: $392,875

Belterra is where the Hill Country meets Austin. Though the neighborhood itself has a very suburban feel, Belterra is surrounded by ranch land and wide open spaces. There are also no street lights, which help to promote the Hill Country lifestyle. In terms of amenities, Belterra rivals any master planned community with an activities director to plan events for residents, community pool, sports fields, hike and bike trails, fitness center and on-site elementary school. If you’re looking for newer construction, but want to get away from the hustle and bustle of Austin, Belterra is a great neighborhood to check out.

For more info and to search homes for sale, visit our Belterra Neighborhood Guide.

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Highpointe

Austin neighborhoods with great schools for $400,000 highpointDistance to Downtown Austin: 26 minutes, 20 miles
Zip Code: 78737
School District: Dripping Springs ISD
Elementary School: Dripping Springs
Middle School: Dripping Springs
High School: Dripping Springs
Average Price: $414,209
Median Price: $405,000

Highpointe is a 740 acre, master planned community with award winning community amenities. Residents enjoy a community center with meeting room and full kitchen, 2-story fitness center that overlooks the pond, 4 community pools, 5 miles of hike and bike trails, 2 lighted tennis courts, basketball court, baseball diamond, soccer field and miles of greenbelt. Located in the Texas Hill Country, Highpointe is the perfect blend of suburban surrounded by open land.

For more info and to search homes for sale, visit our Highpointe Neighborhood Guide.

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Lake Travis Neighborhoods with Great Schools for $400,000

The Lake Travis ISD is one of the most highly touted school districts around Austin. The Lake Travis High School has a second to none college prep program that gives students a taste of their chosen career path. On top of highly rated schools, the Lake Travis area is one of the most unique areas of Austin. With very few suburban strip mall type buildings, Lake Travis feels more upscale than other suburbs. Here is our list of Lake Travis neighborhoods with great schools for $400,000.

Lake Pointe

Austin neighborhoods with great schools for $400,000 lake pointeDistance to Downtown Austin: 27 minutes, 15 miles
Zip Code: 78738
School District: Lake Travis ISD
Elementary School: Lake Pointe
Middle School: Lake Travis
High School: Lake Travis
Average Price: $520,621
Median Price: $426,000

Lake Pointe is located along the banks of Lake Austin in the Lake Travis ISD. The closest Lake Travis ISD to Downtown, Lake Pointe is often a first choice for someone who needs to commute Downtown or to West Austin. The neighborhood was built in the late 1990s, so homes are a more traditional style with mature landscaping. Residents enjoy a 3 mile hike and bike trail, community pool, tennis courts, basketball courts and Lake Austin access.

For more info and to search homes for sale, visit our Lake Pointe Neighborhood Guide.

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Falconhead

Austin neighborhoods with great schools for $400,000 falconheadDistance to Downtown Austin: 27 minutes, 19 miles
Zip Code: 78738
School District: Lake Travis ISD
Elementary School: Lakeway or Bee Cave
Middle School: Lake Travis or Hudson Bend
High School: Lake Travis
Average Price: $539,196
Median Price: $546,000

Falconhead is one of Bee Cave’s first neighborhoods. Built in the early to late 2000’s. Falconhead sold out in record time. Though there are no amenities associated with the neighborhood, the low tax rate and convenient access to Austin and the Hill Country Galleria were big contributors to its popularity. Falconhead residents also enjoy convenient access to Falconhead Golf Club, which is a public course in the neighborhood.

For more info and to search homes for sale, visit our Falconhead Neighborhood Guide.

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Sweetwater

Austin neighborhoods with great schools for $400,000 sweetwaterDistance to Downtown Austin: 27 minutes, 19 miles
Zip Code: 78738
School District: Lake Travis ISD
Elementary School: West Cypress Hills
Middle School: Lake Travis
High School: Lake Travis
Average Price: $466,487
Median Price: $448,595

Sweetwater is one of Lake Travis’ newer master planned communities. Developed by the same developers who built Steiner Ranch, Sweetwater is poised to be one of the premier Lake Travis neighborhoods. Residents enjoy resort style amenities and a beautiful Hill Country setting not too far from the lake. Sweetwater is one of the Lake Travis neighborhoods left where you can buy a new home for less than $400k.

For more info and to search homes for sale, visit our Sweetwater Neighborhood Guide.

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Northwest Austin Neighborhoods with Great Schools for $400,000

Northwest Austin is one of the most popular areas of Austin. With many employment centers in North Austin, Northwest Austin is the go to area of town for those looking for highly rated schools. Though a small geographical area in comparison to the metro area, Northwest Austin has a variety of different types of neighborhoods in terms of age, amenities and feel. Here is our list of Northwest Austin neighborhoods with great schools for $400,000.

Steiner Ranch

Austin neighborhoods with great schools for $400,000 steiner ranchDistance to Downtown Austin: 30 minutes, 19 miles
Zip Code: 78732
School District: Leander ISD
Elementary School: Laura Welch Bush, River Ridge or Steiner Ranch
Middle School: Canyon Ridge
High School: Vandegrift
Average Price: $523,886
Median Price: $442,000

Steiner Ranch is the most popular neighborhood in Austin and for good reason. Its hilly topography gives it a picturesque look and its amenities are not to be beat. Residents enjoy three community centers, Lake Austin access, a full time activities director, numerous parks, miles of hike and bike trails, restaurants, grocery shopping and a private country club. Steiner Ranch has a range of housing – in terms of price and style – so no matter what stage of your life you’re in, you’ll find something there.

For more info and to search homes for sale, visit our Steiner Ranch Neighborhood Guide.

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Canyon Creek

Austin neighborhoods with great schools for $400,000 canyon creekDistance to Downtown Austin: 30 minutes, 19 miles
Zip Code: 78726
School District: Round Rock ISD
Elementary School: Canyon Creek
Middle School: Grisham
High School: Westwood
Average Price: $415,263
Median Price: $397,000

Canyon Creek was built in the late 1990s and early 2000s. Known for its mature landscaping and convenient access to North Austin employers, Canyon Creek is a popular choice among buyers looking for something more than your typical brand new, sterile community. Residents enjoy a community center with Olympic size pool and an on-site, elementary school.

For more info and to search homes for sale, visit our Canyon Creek Neighborhood Guide.

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Avery Ranch

Austin neighborhoods with great schools for $400,000 avery ranchDistance to Downtown Austin: 25 minutes, 20 miles
Zip Code: 78717
School District: Round Rock ISD
Elementary School: England or Patsy Sommer
Middle School: Cedar Valley
High School: McNeil
Average Price: $367,326
Median Price: $339,500

Avery Ranch is a nearly 2,000 acre master planned community in Northwest Austin. The neighborhood covers two school districts, but for this post, we’re focusing on the area of the neighborhood that feeds to England and Patsy Sommer elementary schools. Avery Ranch has five amenity centers with sports courts, Olympic sized pools, an outdoor amphitheatre, hike and bike trails and a public golf course. Avery Ranch is known for being one of the most affordable master planned communities with the most to offer its residents.

For more info and to search homes for sale, visit our Avery Ranch Neighborhood Guide.

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Highland Horizon

Austin neighborhoods with great schools for $400,000 highland horizonDistance to Downtown Austin: 22 minutes, 18 miles
Zip Code: 78717
School District: Round Rock ISD
Elementary School: England
Middle School: Cedar Valley
High School: Round Rock
Average Price: $367,780
Median Price: $345,450

Highland Horizon is one of the few neighborhoods on this list where you can find new construction for less than $400,000. Built by David Weekley and Streetman (now CalAtlantic Homes), homes in Highland Horizon are finished with granite counters, stainless steel appliances and have the open floor plans that most buyers are looking for. Highland Horizon also has a community pool and access to the Brushy Creek MUD amenities as well. On top of this, the neighborhood is conveniently located just off 45, making it easy to commute to and from home.

For more info and to search homes for sale, visit our Highland Horizon Neighborhood Guide.

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Davis Spring

Austin neighborhoods with great schools for $400,000 davis springDistance to Downtown Austin: 25 minutes, 21 miles
Zip Code: 78717
School District: Round Rock ISD
Elementary School: England
Middle School: Cedar Valley
High School: Round Rock
Average Price: $371,771
Median Price: $364,500

Davis Spring is located adjacent to Avery Ranch off Parmer Lane and is ideal for someone who likes Avery Ranch but is looking for a smaller neighborhood. Davis Spring residents enjoy the highly rated schools, community center with pool and sport courts. Davis Spring has more mature landscaping, giving it a more established feel than neighboring Avery Ranch.

For more info and to search homes for sale, visit our Davis Spring Neighborhood Guide.

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Median and average prices from ACTRIS data 03/02/2015-03/01/2016.

Not Sure Which Neighborhood is Best for You?

Even with a smaller list, it can be difficult to drill down if you aren’t familiar with Austin. Luckily, we know Austin well and can help you find your ideal neighborhood. Simply give us some more info about what you’re looking for on our Austin Neighborhood Finder survey and we’ll send you a list of neighborhoods that are the closest fit to what you are envisioning.

Looking for a $400k Home in a Great Austin School District?

Maybe one of these neighborhoods is a match. Or, maybe another neighborhood would be a better fit. Whatever the case may be, we know Austin well and can help you find a $400k home in a great neighborhood served by a highly rated school district. For more info about our team of buyer’s agent specialists, check out our Austin Home Buyer section. Then, call us at (512) 827-8323, email us at info@11OaksRealty.com or fill out our Buyer Survey to get started.

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Filed Under: Homes Tagged With: Best Neighborhoods, Master Planned Communities, Researching Your Move, Top Rated Schools

About Rebecca Jacks

Rebecca has founded her success in real estate on a commitment to personalized service. Clients appreciate her dedication to not only the success of their transaction, but their very peace of mind. She is particularly adept at creating bridges to make home buying and relocation as seamless as possible.

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