Market Overview for Zip Code 78612
There are 98 active listings in Zip Code 78612 with a median list price of $480K and a median sold price of $387K.
Homes average 154 days on market.
Over the past 30 days, 8 homes have sold, with 178 sales in the past 12 months.
The average price per square foot is $284.
About Zip Code 78612
Zip code 78612 covers Cedar Creek, an unincorporated community in western Bastrop County approximately 25 miles southeast of downtown Austin. Cedar Creek sits along State Highway 71 between Austin-Bergstrom International Airport and the city of Bastrop, straddling the transition between suburban Travis County development and the rural Lost Pines region. The community does not have an incorporated city government and relies on Bastrop County for roads, law enforcement, and services. The terrain includes portions of the Lost Pines loblolly pine forest, mixed hardwood creek bottoms along Cedar Creek and its tributaries, and open pastureland. The area has experienced steady residential growth as SH-71 improvements have reduced commute times to Austin and the airport.
Real estate in 78612 consists of a mix of rural acreage properties, homes in small subdivisions, and manufactured homes on private lots. Homes in established subdivisions such as Cedar Creek Ranch and Timber Forest range from $275,000 to $475,000 for three- to four-bedroom single-family houses on lots of one-half to two acres. Rural properties with 5 to 20 acres of land, often featuring mature pine and hardwood tree cover, list from $400,000 to $800,000 depending on improvements, fencing, and proximity to SH-71. Larger tracts of 20 to 50-plus acres are available for $600,000 to over $1.5 million. Manufactured homes on one- to five-acre lots represent a significant portion of the housing stock and typically list from $150,000 to $300,000. The median home price in 78612 has increased notably since 2019, driven by Austin's outward growth, Tesla Gigafactory employment nearby, and the expansion of SH-71 to four lanes.
Students in 78612 attend Bastrop ISD, which serves approximately 11,000 students across multiple campuses throughout Bastrop County. Cedar Creek High School and Cedar Creek Middle School are located within the zip code, providing local secondary education options. Several Bastrop ISD elementary campuses serve the Cedar Creek area, including Red Rock Elementary and Emile Elementary. Cedar Creek High School competes in UIL Class 5A athletics with programs in football, basketball, baseball, softball, and track. The district offers dual-credit courses through Austin Community College and career and technology pathways. The drive to Bastrop ISD administrative offices in the city of Bastrop is approximately 15 minutes east on SH-71.
Cedar Creek is approximately 25 minutes from downtown Austin via SH-71, and Austin-Bergstrom International Airport is about 10 minutes to the northwest. This airport proximity is a significant draw for frequent travelers and for employees of airport-area businesses. The Tesla Gigafactory in southeastern Travis County is roughly 10 to 15 minutes from the Cedar Creek area, making it a convenient residential option for Tesla employees. The community has limited commercial services, with a few convenience stores, a gas station, and a small number of restaurants along SH-71. Most grocery shopping and retail needs require a trip to Bastrop's H-E-B, about 15 minutes east, or to the stores near Austin-Bergstrom, about 10 minutes west. Medical care is available at Ascension Seton Bastrop, roughly 15 minutes east, and at the St. David's South Austin Medical Center, approximately 20 minutes northwest.
