Market Overview for Zip Code 78659
There are 29 active listings in Zip Code 78659 with a median list price of $915K and a median sold price of $460K.
Homes average 107 days on market.
Over the past 30 days, 3 homes have sold, with 25 sales in the past 12 months.
The average price per square foot is $574.
About Zip Code 78659
Zip code 78659 covers Paige, a small unincorporated community of roughly 300 people straddling the Bastrop and Lee county line, approximately 50 miles east of downtown Austin. Paige sits along US-290 between Elgin and Giddings, with the Union Pacific railroad passing through its center. The community was established in the 1870s as a railroad stop and has remained a rural crossroads with a post office, volunteer fire department, and a handful of small businesses. The terrain is Post Oak Savannah with sandy loam soils, scattered post oak and blackjack oak groves, and gently rolling pastureland. Cattle ranching and hay production are the dominant land uses in the surrounding area.
Real estate in 78659 consists almost entirely of rural acreage and agricultural property. Raw land prices generally run $7,000 to $14,000 per acre, making this one of the more affordable areas within an hour of Austin for raw acreage purchases. Improved properties with homes on 5 to 40 acres typically list from $250K to $600K, depending on the condition of the house and outbuildings. Larger ranch tracts of 50 to 200+ acres are available and can exceed $1 million for well-improved operations with cattle-ready fencing, stock ponds, and working pens. Homes in the small Paige settlement are older structures, generally available from $100K to $250K. Manufactured homes on rural lots are common throughout the zip code.
Students in 78659 attend either Elgin ISD or Lexington ISD depending on their location. Elgin ISD is the larger district with approximately 5,500 students across multiple campuses including Elgin High School. Lexington ISD in Lee County serves about 900 students. Both districts are rural in character and offer agricultural education and FFA programs relevant to the area's ranching economy. School bus routes serve the widely scattered rural population. The nearest private school options require a drive to Bastrop or Austin, each about 30 to 50 minutes away.
Paige is approximately 50 minutes from downtown Austin via US-290. Elgin is about 15 miles west, Bastrop is roughly 25 miles southwest on SH-21, and Giddings is about 15 miles east. US-290 is the primary transportation corridor, with access to SH-130 toll road about 20 miles west for faster routing to Austin. Most residents work in agriculture, oil-field services, or commute to Elgin, Bastrop, or Austin for employment. The area has minimal commercial infrastructure; residents travel to Elgin or Giddings for grocery shopping at H-E-B, medical services, and general retail. The nearest hospital is St. David's in Bastrop, approximately 25 miles southwest.
