The Most Expensive Zip Codes in Texas
From luxury high rises to the hill country's wide-open spaces, Texas's high-dollar zip codes attract billionaires and celebrities looking to call the Lone Star state home. With four cities ranked in the top 15 biggest cities in the United States, it's no wonder that according to MLS data, urban zip codes dominate Texas's priciest real estate, with the state capital of Austin claiming the most spots on this top 10 list.
1. 78733 - Seven Oaks
Average home sale price: $6,608,000
Average sold price per square foot: $417.12
Luxury is a real estate buzzword, but the homes in Seven Oaks live up to the hype with views of the Texas Hill Country often enjoyed from swimming pools in spacious backyards more akin to a vacation resort. Listings in this area, approximately 12 miles from Downtown Austin, average just over $3 million (or a square foot price of $334) for custom-built homes in Texas’s priciest zip code.
2. 78746 - Davenport Ranch
Average home sale price: $2,925,620
Average sold price per square foot: $528.97
It's not surprising that this West Austin community, named after an oil tycoon's widow, would rank high on this list where prices range from $1 million to $4.35 million. Residents living in these multi-million dollar homes enjoy the backdrop of Lake Austin, hiking trails in the Wild Basin Wilderness Preserve, and rounds of golf at the Austin Country Club.
3. 78704 - Zilker
Average home sale price: $1,211,250
Average sold price per square foot: $551.46
The most happening neighborhoods in Austin are found in this zip code. Zilker, and its namesake park, offers ample greenspace including the Barton Creek Greenbelt. Homes on Zilker's winding, hilly roads sell for $2 million on average. Other South Austin enclaves in 78704 include South Congress, known for shopping and people watching, South Lamar's casual, funky vibe, and Bouldin Creek, where actor Elijah Wood's Victorian is currently listed at $1.85 million.
4. 78703 - Clarksville
Average home sale price: $1,748,330
Average sold price per square foot: $458.81
Historic homes are the draw for prospective homebuyers in this Austin neighborhood founded in the 1870s and listed on the National Register of Historic Places. With a median sale price in the low $700s, Clarksville bungalows and Craftsman-style residences are more modestly priced than its Austin counterparts but still carry the prestige of an area known for historic landmarks and preservation.
5. 75201 - Arts District
Average home sale price: $1,167,350
Average sold price per square foot: $486.16
High-rise living with sweeping skyline views dominates the real estate market in the Arts District, situated in Dallas's most expensive zip code, where homebuyers pay an average of $833 per square foot, with properties sizes ranging from 1,264 to 4,702 total square feet. As the city's cultural hub with a high walkability score of 84, residents enjoy easy access to the city's biggest and best museums and performing arts centers, like Nasher Sculpture Center and AT&T Performing Arts Center, along with a slew of hip restaurants and bars.
6. 78735 - Barton Creek
Average home sale price: $1,661,250
Average sold price per square foot: $407.13
This exclusive zip code is sought after by Austin's top techies, football coaches, and celebrities where expansive estates and mega-mansions blend in with the area's rolling hills and natural beauty. While the median sale price is roughly $1.6 million, listings in Barton Creek top out at $12.9 million. Properties in many of the gated communities of Barton Creek North come with a social membership to the posh Barton Creek Country Club, which gives residents access to the club's pool, gym, restaurants, and special events.
7. 75205 - Park Cities
Average home sale price: $1,670,990
Average sold price per square foot: $388.42
Just north of Downtown Dallas are the affluent neighborhoods of University Park and Highland Park, collectively known as Park Cities. Home to Southern Methodist University, Dallas Country Club, and George W. Bush Presidential Center, it's no surprise home prices range from $180,000 to $22.5 million. Homebuyers with deep pockets can choose from stunning historic homes from the 1920s to sleek modern designs. Just as varied are the dining and entertainment scenes, which cater to both the area's student population and high-roller residents.
8. 78669 - Spicewood
Average home sale price: $1,573,390
Average sold price per square foot: $363.16
Residents of this small hill country enclave share a zip code with the legendary Willie Nelson, whose Luck Ranch occupies 500 acres of this nature-filled sanctuary, a short distance from the "Live Music Capital of the World." While the average price per square foot is only $208, the median sale price of just over $1.5 million is boosted by large acreage accompanying most properties. Locals and visitors alike flock to the area's hiking trails, swimming holes, and vineyards.
9. 77005 - West University Place
Average home sale price: $1,384,350
Average sold price per square foot: $364.68
This prosperous neighborhood is actually its own city, providing residents with a small-town vibe within the Houston city limits. While you'll find a few options priced under $1 million, most listings are between $1 million and $2 million with a median sale price of just over $1.3 million. West U denizens enjoy proximity to the upscale Rice Village, a popular dining and shopping destination, as well as Hermann Park and the Museum District.
10. 75225 - University Heights
Average home sale price: $1,361,880
Average sold price per square foot: $336.74
Neighborhood streets in this leafy Dallas suburb bear the names of elite colleges with prices to match. House hunters can expect to pay just under $2 million for a home or an average of $508 per square foot. However, it's not uncommon to find homes listed at over $4 million for grand estates or brand new custom builds on ample lots with high-end appliances and finishes.