Market Overview for Highland Lake Estates

There are 110 active listings in Highland Lake Estates with a median list price of $425K and a median sold price of $390K.

Homes average 127 days on market.

Over the past 30 days, 16 homes have sold, with 147 sales in the past 12 months.

The average price per square foot is $263.

About Highland Lake Estates

Highland Lake Estates is a residential subdivision in Lago Vista, Travis County, Texas, on the north shore of Lake Travis in the Hill Country roughly 35 miles northwest of downtown Austin. The subdivision was originally platted and built out starting in the 1970s, and homes primarily date from around 1974 onward. Architectural styles include Spanish and traditional single-family homes from the original build era as well as newer Hill Country-style custom homes.

Typical home sizes in Highland Lake Estates range roughly from 1,010 to 3,500 square feet on lots that vary in size. Many homes take advantage of the rolling Hill Country terrain, with some properties offering Lake Travis views or partial canyon views depending on the specific street and elevation.

Highland Lake Estates residents are part of the Lago Vista Property Owners Association, a POA that governs community amenities and grants access to approximately nine waterfront parks along Lake Travis operated by the POA. Amenity access covers boat ramps, picnic areas, a pool, sports courts, a fitness facility, and lakefront day-use areas. Lago Vista Golf Course is located adjacent to Highland Lake Estates and offers daily-fee play.

A distinctive feature of the Lago Vista area relevant to Highland Lake Estates is Rusty Allen Airport (FAA identifier KRYW), a public-use general aviation airport owned and operated by the City of Lago Vista. The airport is approximately 2 miles northeast of Highland Lake Estates and serves general aviation traffic, including private light aircraft. Note that Rusty Allen is a city-owned public airport, not a private residential airpark, so Highland Lake Estates is not a fly-in community in the hangar-lot sense, but residents and visitors do have ready access to a nearby GA field.

Highland Lake Estates is zoned to Lago Vista Independent School District, which operates the elementary, intermediate, middle, and high school campuses serving Lago Vista. Retail, grocery, and everyday services are concentrated along Lohmans Crossing and FM-1431 within Lago Vista, with additional shopping in Cedar Park and Leander via RM-1431.

Living in Highland Lake Estates

Daily life in Highland Lake Estates is shaped by Lake Travis access, the Lago Vista POA amenity network, and the low-density Hill Country setting. Residents use POA waterfront parks for swimming, boating, paddling, and picnicking, and the adjacent Lago Vista Golf Course offers daily-fee play.

Commuting from Highland Lake Estates is defined by FM-1431 and RM-620. Cedar Park is roughly 20 to 30 minutes east via FM-1431, and downtown Austin is typically 45 to 60 minutes southeast via FM-1431, RM-620, and SH-183 or MoPac outside rush hour. Because Lago Vista is a low-density bedroom community on the far north shore of Lake Travis, commute times run longer than most closer-in west-Austin communities.