Page Hook: Thinking about planting family roots in a community where top-notch schools, expansive parks, and safe streets are part of everyday life? Welcome to zip code 78738, nestled in Lakeway, Texas—a scenic suburb of Austin that’s quickly becoming one of the most sought-after destinations for families. With a booming housing market, award-winning schools, and a vibrant, family-oriented atmosphere, 78738 is drawing the attention of parents looking for that perfect blend of suburban charm and city convenience. Read on to discover why moving to Lakeway could be the best decision for your family’s future.

Table of Contents

1. Introduction
2. Community Overview
3. Educational Opportunities
4. Housing Market
5. Amenities and Attractions
6. Transportation and Accessibility
7. Testimonials or Case Studies
8. Conclusion

Introduction

Zip code 78738 encompasses a picturesque region of Lakeway, Texas—a fast-growing suburb situated just 25 minutes west of Austin. Combining the tranquility of hill country landscapes with all the conveniences of modern suburban living, Lakeway has emerged as one of the top zip codes for families in the U.S. Its popularity has surged in recent years, reflecting a growing trend of families moving away from dense urban cores in search of more space, better schools, and a stronger sense of community.

In 2024, Lakeway’s 78738 is trending for all the right reasons. From brand-new homes to excellent schools and access to nature trails and Lake Travis, it checks every box for prospective homeowners who prioritize a high quality of life for their children and themselves.

Community Overview

There’s something charmingly cohesive about Lakeway’s tight-knit community. In 78738, you’ll find well-planned neighborhoods lined with sidewalks and shaded by mature oak trees, where residents wave hello during evening strolls. It’s not uncommon for families to gather at local parks, attend community movie nights, or meet at the Saturday Lakeway Farmers Market.

Popular neighborhoods within the zip code include Rough Hollow, Serene Hills, and Bella Montagna—each offering unique architectural styles, gated communities, and dedicated green spaces. The community places strong emphasis on hosting regular events such as seasonal festivals, neighborhood barbecues, sports leagues, and parent-child workshops, cultivating a deeply connected atmosphere.

Lakeway is also known for its active homeowners’ associations and dedicated neighborhood Facebook groups, which act as coordination hubs for events and local information sharing. Parents describe it as a place where “everyone knows everyone,” and that’s exactly the kind of environment that strengthens family bonds.

Educational Opportunities

One of the primary draws for families eyeing 78738 is access to the highly ranked Lake Travis Independent School District (LTISD). LTISD has been consistently recognized by the Texas Education Agency for its academic excellence, innovative teaching methods, and student performance.

Notable schools in the Lake Travis ISD that serve the 78738 zip code include:

• Lakeway Elementary School – Proudly ranked in the top 5% of all Texas elementary schools.
• Hudson Bend Middle School – Known for its competitive academic teams and exceptional arts programs.
• Lake Travis High School – A recognized National Blue Ribbon School that offers over 30 AP and dual-credit courses, as well as award-winning extracurricular programs in athletics, music, and theater.

Additionally, the area boasts several highly regarded private and charter school options, such as Abercorn International and Smart Start Montessori, giving parents ample choice.

Beyond K–12 education, the proximity to higher education institutions like The University of Texas at Austin (25 minutes away) and Austin Community College’s Lake Travis campus ensures lifelong learning opportunities for all ages. Parents and students also benefit from the region’s STEM-focused afterschool programs, robotics leagues, art academies, and youth coding bootcamps.

Housing Market

If homeownership is your family’s goal, zip code 78738 offers a diverse range of options in a market that continues to show healthy growth. Despite national fluctuations in real estate prices, Lakeway’s housing market remains resilient due to constant demand, especially among families relocating from out-of-state.

As of Spring 2024, the average home price in 78738 sits at $820,000, up nearly 7% year-over-year. While this may seem steep compared to smaller Texas towns, the price reflects exceptional amenities, top-rated schools, and spacious homes designed for family living.

Common property types include:

• Single-family homes with large backyards and open floor plans
• New construction builds in master-planned communities like Rough Hollow and Highlands at Lakeway
• Luxury homes with access to golf courses, pools, and gated security

Additionally, more affordable townhomes and condos are available near commercial centers for families just entering the market.

With many communities offering resort-style amenities (think pools, clubhouses, and hiking trails), buying a home in 78738 is not just a place to live—it’s an investment in lifestyle.

Amenities and Attractions

Few zip codes provide such a rich variety of family-friendly amenities as Lakeway’s 78738. The area is packed with outdoor activities, community resources, and kid-approved attractions.

Key highlights include:

• Lake Travis – Boating, fishing, and lakeside picnics are a weekend staple for families.
• Bee Cave Central Park – Features multiple playgrounds, shaded picnic areas, and walking trails.
• Lakeway City Park – A hub for sports tournaments, nature trails, and special events.
• Lake Travis Community Library – Offers robust children’s programming including reading challenges, author visits, and STEM activity days.
• High Five Entertainment – A family-oriented venue with bowling, laser tag, and arcade games.
• The Oaks at Lakeway – The area’s latest retail and dining complex filled with kid-friendly restaurants, frozen yogurt stops, and boutique shops.

Dining here also caters remarkably well to families. Restaurants like Mandola’s Italian Kitchen and Hat Creek Burger Company provide playgrounds and kids’ menus, making family dinners an enjoyable affair rather than a chore.

Transportation and Accessibility

Though Lakeway is suburban in nature, zip code 78738 offers excellent accessibility to Austin’s economic centers. Situated just off Highway 71 and RM 620, most residents can reach downtown Austin in under 30 minutes by car—perfect for those commuting to tech companies or downtown firms.

For non-driving options:

• CapMetro’s Park & Ride in nearby Bee Cave provides bus services into Austin.
• The Austin-Bergstrom International Airport is only a 40-minute drive, convenient for work travel or family vacations.

While public transportation is limited compared to major metro areas, the development of bike trails and well-maintained roadways make daily commuting efficient and family travel safe.

Testimonials or Case Studies

Families who’ve recently relocated to 78738 have glowing reviews of their new home. Take the Thompsons, a family of four who moved from California in 2023:

“We were craving more outdoor time for the kids and a break from the city grind. Lakeway gave us both. My son joined the junior golf program at the Hills Country Club, and my daughter is thriving in her GT classroom. It’s the best move we’ve ever made.”
— Lisa Thompson

Or consider the Rodriguezes, who moved from Dallas just eight months ago:

“Finding a place like 78738 with strong schools, friendly neighbors, and lake access was a dream come true. We love having dinner at the Lakeway Marina after kayaking with the kids. This community makes us feel like we’re truly home.”
— Carlos Rodriguez

These real-world experiences mirror the reasons why families nationwide are discovering Lakeway as their ideal forever home.

Conclusion

As families continue to prioritize space, security, education, and a strong sense of belonging, zip code 78738 in Lakeway, Texas, delivers on all fronts. Whether it’s the exceptional school system, picturesque surroundings, or the growing portfolio of amenities tailored to family life, there’s no doubt this community is on the rise.

Homes here aren’t just appreciating in value—they’re increasing in popularity for creating the type of life every family dreams of. If you’re considering relocating and want the best of both worlds—serene comforts with city proximity—78738 deserves a spot at the top of your list.

Want more in-depth looks at top family-friendly zip codes? Head over to CompaniesByZipCode.com and explore our curated guides to find your perfect family community today.