Market Overview for Cypress Ridge

There are 1 active listings in Cypress Ridge with a median list price of $1.1M and a median sold price of $822K.

Homes average 68 days on market.

Over the past 30 days, 3 homes have sold, with 11 sales in the past 12 months.

The average price per square foot is $320.

About Cypress Ridge

Cypress Ridge is a residential neighborhood in Lakeway, situated in the Lakeway area within the 78738 zip code in Travis County. The neighborhood is positioned along the SH 71, RR 620, Bee Cave Road corridor and Lakeway Boulevard, approximately 30-45 minutes via SH 71 or Loop 360 from downtown Austin. Cypress Ridge is part of the broader Lakeway area residential landscape that has seen ongoing development and population growth as the Austin metropolitan area continues to expand outward from the city core into surrounding communities.

Homes in Cypress Ridge are primarily single-family residences that reflect the development patterns typical of Travis County communities in the Lakeway area area. The neighborhood offers housing options ranging from newer construction to established homes, depending on the section and phase of development. Properties in this part of Travis County generally sit on standard suburban lot sizes, with some sections featuring larger homesites. Nearby amenities include H-E-B, Randalls, Whole Foods Market, along with restaurants and retail along Lakeway Boulevard and Hill Country Galleria.

Cypress Ridge is served by Lake Travis ISD. Students in the neighborhood typically attend Blazier for elementary grades, Paredes for middle school, and Akins for high school. Lake Travis ISD operates multiple campuses across the Lakeway area region and has maintained consistent enrollment growth in recent years.

Cypress Ridge residents benefit from proximity to Lakeway City Park and Hamilton Pool Preserve for outdoor recreation, as well as commercial areas along Lakeway Boulevard for shopping and dining. The commute to downtown Austin from Cypress Ridge is 30-45 minutes via SH 71 or Loop 360, primarily via SH 71 or RR 620. Major employers accessible from the neighborhood include Lake Travis ISD and BSW Medical Center - Lakeway, both within a reasonable commuting distance. Grocery shopping is available at nearby H-E-B and Randalls locations. The Lakeway area continues to attract new residents and families drawn to the combination of residential settings, quality Lake Travis ISD schools, and convenient access to Austin's major employment centers and entertainment districts.

Living in Cypress Ridge

Cypress Ridge provides a residential setting in the Lakeway area of Travis County with access to local amenities, schools, and parks. The neighborhood draws a mix of families, working professionals, and established homeowners who value the Lakeway area location and its proximity to both suburban conveniences and Austin's urban core. Nearby grocery options include H-E-B, Randalls, Whole Foods Market, and dining options are available along Lakeway Boulevard and Hill Country Galleria. Lake Travis ISD serves the area, with students attending Blazier, Paredes, and Akins.