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You are here: Home / Southwest Austin Neighborhood Guide / Covenant Estates Neighborhood Guide

Covenant Estates Neighborhood Guide

Searching for the perfect luxury home in Southwest Austin? Covenant Estates offers an exclusive blend of Mediterranean elegance, expansive lots, and unmatched privacy just minutes from downtown. Covenant Estates is a small neighborhood of 58 wooded, 1/2 – 1+ acre homesites adjacent to the Regents Hills neighborhood built by highly acclaimed, local custom builder, Russell Eppright Homes. Covenant Estates is known for its large lots, spacious Mediterranean style homes with high ceilings and tile roofs. Covenant Estates is tucked behind the Barton Creek Wilderness Park, which gives residents a sense of seclusion without sacrificing proximity to Downtown Austin, which is only about 20 minutes away. This comprehensive Covenant Estates neighborhood guide reveals everything luxury home buyers need to know about this coveted community. Scroll Down to Read our Covenant Estates Neighborhood Guide.

Covenant Estates Homes for Sale

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Covenant Estates Resources
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Covenant Estates Home Buying Guide
Covenant Estates Home Selling Guide

Covenant Estates Neighborhood Map

Covenant Estates is located near Southwest Austin’s Regents Hill neighborhood of Southwest Parkway. This neighborhood can be accessed from Republic of Texas Blvd or Foster Ranch Road. Only 15 minutes from Downtown Austin, this neighborhood is perfect for someone looking for a retreat close to the city. Explore other Southwest Austin neighborhoods in our Southwest Austin Neighborhood Guide. Scroll down to continue reading our Covenant Estates neighborhood guide.

Covenant Estates Zip Code

Covenant Estates neighborhood is located in Southwest Austin’s 78735 zip code.

What Makes Covenant Estates Special

Covenant Estates stands out as one of Southwest Austin’s most desirable luxury neighborhoods. This intimate community features just 58 custom homes, each positioned on generous lots ranging from 0.5 to 1.35 acres. The neighborhood is also known as Gaines Ranch, offering residents a park-like setting with mature trees and rolling terrain.

Built in the mid-2000s by acclaimed local custom builder Russell Eppright Homes, these Mediterranean-style residences showcase sophisticated architecture with high ceilings, Spanish tile roofs, and open floor plans designed for entertaining. The typical home features 5 bedrooms, 5 bathrooms, and 4,741 square feet of living space on nearly an acre of land.

Home Specifications at a Glance

The luxury homes in Covenant Estates offer impressive variety:

  • Bedrooms: 3-7 bedrooms
  • Bathrooms: 3-8 bathrooms
  • Square Footage: 3,640-7,171 square feet
  • Lot Sizes: 0.5-1.35 acres
  • Median Home: 5 bedrooms, 5 bathrooms, 4,741 square feet on 0.878 acres
home on corner lot Gaines Ranch Austin tx 78735

Covenant Estates Homes

There are 58 homes in Southwest Austin’s Covenant Estates neighborhood, each of which sit on ½ – 1 acre home sites. The homes that sit next to Barton Creek Wildnerness Park will have beautiful greenbelt views. Others have beautiful views of the Austin Skyline. Homes in Covenant Estates start at around $1 million, have a minimum of 3,000 sq ft of enclosed living space for 1 story homes and 3,500 sq ft of enclosed living space for 2 story homes.

Covenant Estates Home Builder

Covenant Estates homes were custom built and designed by Russell Eppright Custom Homes. Russell Eppright Homes designed these luxury homes to have a Mediterranean feel with high ceilings, Spanish tile roofs and open floor plans, perfect for entertaining.

Living in Covenant Estates: The Complete Experience

Privacy Meets Convenience

Living in Covenant Estates means enjoying a secluded retreat without sacrificing urban convenience. The neighborhood sits adjacent to Barton Creek Wilderness Park, providing residents with immediate access to nature trails and greenbelt views. Many homes offer stunning vistas of either the protected wilderness or the Austin skyline.

Despite this sense of seclusion, downtown Austin is just 20 minutes away via Republic of Texas Boulevard or Foster Ranch Road. This prime location allows residents to enjoy the best of both worlds—peaceful suburban living with easy access to Austin’s vibrant culture and business districts.

Neighborhood Amenities and Features

Covenant Estates prioritizes quality over quantity when it comes to amenities. The neighborhood’s greatest asset is its natural setting, with many homes backing up to protected greenbelt areas. The mature landscaping and careful home placement create a sense of privacy rare in newer developments.

The community’s location provides easy access to some of Austin’s finest recreational facilities, including the renowned Barton Creek Country Club with its four championship golf courses. This proximity to premium amenities enhances the luxury living experience without requiring on-site facilities.

Gaines Ranch home on corner lot Austin tx 78735

Why Luxury Home Buyers Choose Covenant Estates

Exclusive Community Character

The limited number of homes ensures Covenant Estates maintains its exclusive character. With only 58 residences, traffic remains minimal, and the community retains a quiet, private atmosphere. The Mediterranean architectural theme creates visual cohesion while allowing for individual expression in home design.

Quality Construction and Design

Russell Eppright Custom Homes built these residences with luxury buyers in mind. Each home features:

  • High ceilings that create an open, airy feel
  • Spanish tile roofs for authentic Mediterranean style
  • Open floor plans perfect for entertaining
  • Premium materials throughout
  • Custom details that reflect quality craftsmanship

Investment Potential

Homes in Covenant Estates typically start around $1 million, reflecting the premium nature of the community. The combination of large lots, quality construction, and desirable location makes these properties attractive long-term investments in Austin’s competitive luxury market.

Commuting from Covenant Estates

Downtown Austin Access

The 20-minute commute to downtown Austin makes Covenant Estates particularly attractive to professionals. Multiple route options provide flexibility during peak traffic hours:

  • Republic of Texas Boulevard offers direct access to major highways
  • Foster Ranch Road provides an alternative route
  • MoPac (Loop 1) connectivity facilitates north-south travel

Airport and Regional Connections

Austin-Bergstrom International Airport is easily accessible via Highway 71, making business and leisure travel convenient. The neighborhood’s location also provides good access to other major Texas cities via Interstate 35. Scroll down to continue reading our Covenant Estates neighborhood guide.

Covenant Estates Property Tax Rate

The property tax rate in Southwest Austin’s Covenant Estates neighborhood is 1.9818% as of the 2024 year. It was 1.8092% as of the 2023 tax year, down from 1.9749% as of the 2022 tax year. The property tax rate was 2.1767% as of the 2021 tax year.

Covenant Estates Schools

Children who live in Southwest Austin’s Covenant Estates neighborhood are served by the Austin ISD and will likely attend the following schools:

  • Oak Hill Elementary - 6/10
  • O'Henry Middle - 6/10
  • Austin High - 6/10

School ratings reflect Great Schools ratings as of June 2025. Ratings are subject to change at any time. Please verify ratings and boundaries with the school district.

Many residents don’t want to drive their kids to Downtown Austin for middle school and high school, so they choose a private school, Regents School of Austin just a few blocks from Covenant Estates instead of sending their children to public school.

Covenant Estates Photos

Austin luxury home in gaines ranch 78735
gaines ranch Austin 78735 home
gaines ranch Austin tx 78735 neighborhood street with downtown view
Gaines Ranch home on corner lot Austin tx 78735
Gaines Ranch home on acreage lot Austin tx 78735
home on corner lot Gaines Ranch Austin tx 78735
luxury home in Gaines Ranch Austin 78735
Gaines Ranch one story home in Austin tx 78735
Gaines Ranch home in Austin 78735
Gaines Ranch neighborhood street Austin 78735
Gaines Ranch home behind gate Austin texas 78735
Gaines Ranch home behind gate and wall Austin tx 78735
Gaines Ranch luxury home with circle driveway Austin tx
Gaines Ranch luxury home in Austin
gaines ranch Austin tx 78735
gaines ranch Austin entrance
Gaines Ranch home on estate sized lot Austin 78735

Covenant Estates Sold Data – What Covenant Estates Homes Actually Sold For

What sold recently in Covenant Estates and for how much? Where can I find pictures of homes that actually sold? How many days does it take to sell a home in Covenant Estates? How many homes are currently for sale in Covenant Estates? What’s the median sold price in Covenant Estates? What does the 90 day historic market trend look like in Covenant Estates? How’s the Covenant Estates market trending?

All of these questions (and more!) can be answered on our Covenant Estates Sold Data Report.

Golf Near Covenant Estates

Some of Austin’s best golf is located just a few miles from Covenant Estates at the Barton Creek Country Club. Club membership gets you access to 4 golf courses – so you’ll never have any down time or get bored playing the same course. Plus, its one of Austin’s best country clubs with tons of social activities and some of the best restaurants around Austin.

Walkability of Covenant Estates

If you want to walk your kid to school and they attend Regents School of Austin, Covenant Estates is your place. If you want to walk to restaurants, shopping and dining, not so much.

Grocery Shopping Near Covenant Estates

Sunset Valley, only a few minutes away, has all of the grocery shopping you could need. There’s an H-E-B on Brodie Lane and William Cannon, a Costco off MoPac, a Walmart just off 290 past MoPac and a Randalls on Brodie and William Cannon. They’re all within just a few blocks of each other, so you can pretty much take your pick of shopping. Plus, there are several other big box retailers in Sunset Valley as well. You can also check out the SFC Farmers Market on Saturdays from 9am-1pm at 3200 Jones Road.

Coffee Shops and Remote Work Spaces

Remote workers and coffee enthusiasts will find several excellent options near Covenant Estates:

  • Black Rock Coffee Bar offers a modern atmosphere with reliable Wi-Fi and specialty coffee drinks. The spacious seating arrangements make it ideal for laptop work and video calls.
  • SquareRut Kava Bar provides a unique alternative to traditional coffee shops, with kava-based beverages and a relaxed environment perfect for creative work sessions.
  • Stothaus Coffee serves artisanal coffee in a cozy setting, attracting locals who appreciate quality brewing and comfortable workspace areas.
  • Starbucks locations throughout Southwest Austin provide familiar amenities and consistent Wi-Fi for those needing reliable connectivity for remote work.

Scroll down to continue reading our Covenant Estates neighborhood guide.

gaines ranch Austin tx 78735 neighborhood street with downtown view

Dining and Entertainment Options

Upscale Dining Experiences

The area around Covenant Estates offers diverse dining options for sophisticated palates:

  • CARVE American Grill specializes in premium steaks and contemporary American cuisine, making it perfect for special occasions and business dinners.
  • La Traviata brings authentic Italian flavors to Southwest Austin, with an extensive wine list and elegant atmosphere suitable for romantic evenings.
  • Marigold Market + Cafe combines gourmet market shopping with casual dining, offering fresh, locally-sourced ingredients in both retail and prepared formats.

Casual Neighborhood Favorites

  • Jack Allen’s Kitchen serves elevated comfort food with Texas influences, creating a welcoming atmosphere for regular dining.
  • CraigO’s Pizza & Pasta provides quality Italian-American fare in a relaxed setting, perfect for date nights or casual gatherings.
  • Via 313 brings Detroit-style pizza to Austin, offering a unique twist on traditional pizza in a fun, energetic environment.

Fitness and Outdoor Activities

Professional Fitness Centers

Covenant Estates residents have access to several high-quality fitness facilities:

  • Austin Art of Fitness offers personalized training programs and small group classes focusing on functional fitness and strength training.
  • Alloy Personal Training provides one-on-one coaching with experienced trainers who create customized workout plans for individual goals.
  • Starting Strength Austin specializes in barbell training and strength coaching, perfect for those serious about building functional strength.
  • Interlaced Studios combines yoga, Pilates, and mindfulness practices in a serene environment designed for holistic wellness.

Outdoor Recreation

The proximity to Barton Creek Wilderness Park provides immediate access to hiking trails, nature photography opportunities, and peaceful walking paths. Many residents enjoy morning jogs through the neighborhood’s quiet streets or evening walks along the greenbelt areas.

The nearby Barton Creek Country Club offers four championship golf courses for members, providing world-class golfing without leaving the Southwest Austin area.

Fun Activities and Attractions Near Covenant Estates

Cultural and Entertainment Venues

While Covenant Estates offers peaceful residential living, Austin’s cultural attractions remain easily accessible. The neighborhood’s location provides convenient access to:

  • South Austin’s vibrant music scene
  • Downtown Austin’s entertainment district
  • Zilker Park and Austin City Limits Music Festival
  • The Domain shopping and dining complex
  • Various museums and art galleries throughout Austin

Working with Covenant Estates Buyer’s Agents

Specialized Local Expertise

Successfully purchasing in Covenant Estates requires working with buyer’s agents who understand the luxury market and neighborhood dynamics. Experienced Covenant Estates buyer’s agents provide:

  • Detailed market analysis and pricing guidance
  • Access to off-market properties and coming-soon listings
  • Negotiation expertise for luxury transactions
  • Knowledge of neighborhood-specific considerations
  • Connections with trusted inspectors and service providers

The Buying Process

Covenant Estates buyer’s agents guide clients through every step of the luxury home purchase process, from initial property searches through closing. Their local expertise proves invaluable when evaluating lot characteristics, understanding neighborhood dynamics, and assessing long-term value potential.

Making Covenant Estates Your Home

Covenant Estates represents the pinnacle of luxury living in Southwest Austin. The combination of custom Mediterranean architecture, expansive lots, natural beauty, and convenient location creates an unmatched residential experience.

Whether you’re relocating to Austin or seeking an upgrade within the city, Covenant Estates offers the privacy, luxury, and convenience that sophisticated buyers demand. The neighborhood’s limited inventory and desirable characteristics make timing crucial for interested buyers.

Ready to explore luxury living in Covenant Estates? Connect with experienced local buyer’s agents who specialize in this exclusive neighborhood and can guide you through the process of finding your perfect Southwest Austin home. We hope you enjoyed reading our Covenant Estates neighborhood guide.

Southwest Austin Realtor Specializing in Covenant Estates

Covenant Estates realtor

Rebecca Jacks and Raymond Stoklosa are Southwest Austin Realtors specializing in Covenant Estates homes. Whether you’re looking to buy or sell a home in Covenant Estates, Rebecca and Raymond know the area well and have the experience and tools necessary to make your next real estate transaction stress free. For more info about who we are and how we work, check out Buying a Home in Covenant Estates and Selling a Home in Covenant Estates.

Covenant Estates real estate broker

Contact a Southwest Austin Realtor Specializing in Covenant Estates

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