06/01/2026
Here is a Lake Travis number worth a closer look, because the headline version of it can quietly mislead you.
Over the last three months, the median single family home in 78734 sold for about $616K. On its own, that sounds like a tidy, knowable market. It is not. This zip code has one of the widest price spreads anywhere around Austin.
In just the final days of May, homes in 78734 closed at $425,000 for an off water place, $474,000 for a condo, then jumped to $1.65 million for a lakefront home and $2.38 million for an estate. The median lands in the middle, but there is barely a middle to land in. You have an entry market and a waterfront market sharing one zip code, and they behave almost nothing alike.
This matters because averages get quoted all the time, and a 78734 average is one of the least useful numbers you can lean on. If you are looking at an off water home, the waterfront sales are not your comps. If you are eyeing the water, the condo sales are not your comps either. Same zip, two different conversations.
It is the kind of thing I would rather you know before you fall for a listing or set a price. The goal is never to make the market sound hotter or softer than it is. It is to make sure you are reading the right half of it.
If you want to know where a specific Lake Travis pocket actually sits, water or no water, I am glad to walk you through it.
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