Austin, Texas—live music capital of the world, situated on Lady Bird Lake, home to the University of Texas Longhorns, and home to some of America’s top tech companies like Tesla. Whether you’re moving there for the outdoors, the culture, the cuisine, or the booming downtown, Austin has it all. World class museums like The Blanton Museum of Art and The Contemporary Austin are nestled within a city that is building skyscrapers, including the Waterline, soon to be Texas’s tallest building, at a breakneck speed.

It should be no surprise that the wealthy are flocking to Austin. As of 2023, that includes 86 “centa-millionaires,” individuals with net worth upwards of $100 million, and nine billionaires, according to a report by Henley and Partners. Dallas, Texas and Houston also attracts their fair share of the wealthy, but Austin’s walkability, outdoor activities, and proximity to Lake Travis and the Colorado River push Austin over the top.

This begs the question—where are these millionaires living? Many Austin neighborhoods have just what they—and realtors helping them—need. Here are some of the most expensive neighborhoods in Austin.

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West Lake Hills

Real Estate and Architecture

West Lake Hills is a community that exemplifies luxury living. The real estate landscape is defined by sprawling estates, often nestled among the rolling hills, providing breathtaking views of the surrounding hill country. Architectural styles range from Mediterranean-inspired mansions to modern, sleek designs. Many homes boast expansive outdoor spaces, private pools, and meticulously landscaped gardens.

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The exclusivity of West Lake Hills is further emphasized by gated entrances and private driveways leading to grand residences. The neighborhood’s commitment to preserving its natural beauty contributes to the overall appeal, creating a serene and picturesque environment for its affluent residents.

The median home value rests at $1,195,400.

Amenities and Lifestyle

Residents of West Lake Hills enjoy a lifestyle marked by exclusivity and access to high-end amenities. Exclusive country clubs, such as the Austin Country Club, offer opportunities for socializing, fine dining, and recreational activities like golf and tennis. The neighborhood is also home to upscale shopping and dining options, providing a sophisticated and convenient lifestyle. For those with families, numerous playgrounds dot the region.

Proximity to downtown Austin—only a short 14 minute drive!—ensures that residents have easy access to cultural events, theaters, and a vibrant nightlife. The convenience of being close to the city center while enjoying the tranquility of suburban life is a hallmark of West Lake Hills.

Schools in West Lake Hills

West Lake Hills is served by the highly acclaimed Eanes Independent School District. The district consistently ranks among the top in the state, and Westlake High School, in particular, has gained recognition for its academic achievements and extracurricular programs. Families in West Lake Hills can be confident in the educational opportunities available to their children, with a focus on excellence and innovation.



Historic Charm and Architecture

Situated in Old West Austin, Tarrytown is known for its historic charm and diverse architectural styles. The neighborhood’s tree-lined streets feature a mix of classic homes from the early 20th century alongside more contemporary residences. This blend of old and new creates a unique atmosphere where history meets modern luxury.

One of the standout features of Tarrytown is the preservation of its character through architectural guidelines. These guidelines ensure that new construction complements the existing aesthetic, maintaining the neighborhood’s cohesive and visually appealing ambiance.

The median home price sits at $1,114,458.

Amenities and Recreation

Residents of Tarrytown have access to a range of amenities that enhance their quality of life. The neighborhood is in proximity to the scenic Lake Austin, offering opportunities for water-based activities and recreation. The nearby Mayfield Park and Nature Preserve provide a serene escape with its gardens, peacocks, and walking trails. Moreover, Tarrytown is a quick drive or bike ride away from world-famous Zilker Park, home of Austin City Limits Music Festival and year-round activities.

Tarrytown is also home to boutique shops, high-end restaurants, and cafes. The neighborhood’s commercial areas are designed to cater to the discerning tastes of its residents, providing a blend of convenience and sophistication.

Schools in Tarrytown

Tarrytown falls within the Austin Independent School District, and Casis Elementary School stands out as a highly regarded institution. The commitment to quality education is evident, making Tarrytown an attractive choice for families seeking a blend of historic charm and educational excellence.


Barton Creek

Gated Communities and Golf Courses

Barton Creek is synonymous with opulence, featuring exclusive gated communities and some of Austin’s most prestigious golf courses. The neighborhood is a haven for golf enthusiasts, with courses designed by renowned architects such as Fazio and Crenshaw. Barton Creek Country Club is a central hub for socializing, offering upscale dining, spa facilities, and fitness amenities.

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The real estate in Barton Creek ranges from expansive estates to luxurious condominiums, often designed to maximize views of the surrounding natural beauty. Residents enjoy privacy and security within this secluded and gated enclave. Barton Creek is only 20 minutes from central Austin, making an easy trip for going out and settling down back at home.

World-Class Amenities

A hallmark of Barton Creek living is access to world-class amenities. The Barton Creek Resort and Spa, for example, provides residents with a resort-style experience, including rejuvenating spa treatments, gourmet dining, and exclusive events. The community’s commitment to luxury living is reflected in its attention to detail and the provision of top-tier services.

Schools in Barton Creek

Barton Creek benefits from being part of the Eanes Independent School District, ensuring that children receive an exemplary education. The combination of top-rated schools and the exclusive lifestyle offered by Barton Creek makes it a sought-after destination for those seeking the pinnacle of luxury living in Austin.

Median home value is $1,515,900.

Pemberton Heights

Historic Elegance

Pemberton Heights, situated north of downtown Austin, is a neighborhood characterized by historic elegance. The architecture in Pemberton Heights reflects a mix of styles, including Colonial Revival and Tudor, contributing to the area’s timeless charm. Tree-lined streets and well-preserved homes create a picturesque and welcoming environment.

One notable feature of Pemberton Heights is the presence of the Shoal Creek Greenbelt, providing residents with access to nature trails and outdoor recreation. The neighborhood’s commitment to green spaces enhances the overall quality of life for its residents.

Community and Cultural Amenities

Pemberton Heights fosters a sense of community, and residents often engage in local events and activities. The nearby Clarksville Historic District offers boutique shopping and dining, creating a vibrant cultural scene within reach. The neighborhood is a mix of historic homes and more modern residences, catering to a diverse range of tastes.

Schools in Pemberton Heights

The schools in Pemberton Heights are part of the Austin Independent School District, with exemplary options for both primary and secondary education. The neighborhood’s commitment to education is evident in the quality of local schools, contributing to its appeal for families seeking a combination of historic charm and educational excellence.

The average home value is Pemberton Heights is $1.31 million.

Old Enfield

Neighborhood Charm

Old Enfield, situated just west of downtown Austin, Texas, stands as an exceptionally desirable residential haven, drawing residents in with its timeless charm, exceptional school district, and an array of enticing amenities. This historic neighborhood, characterized by tree-lined streets and diverse architectural styles, offers a unique blend of tradition and modern convenience.

Old Enfield’s appeal is further heightened by its commitment to preserving its historic character. The architectural diversity, ranging from Tudor to Colonial Revival, adds to the neighborhood’s visual charm.

The median home value in Old Enfield is $1,040,510.

Schools in Old Enfield

One of Old Enfield’s standout features contributing to its desirability is its proximity to the highly acclaimed Austin Independent School District. Families choosing to call Old Enfield home have access to exemplary educational institutions, ensuring that children receive a top-notch education. The commitment to educational excellence adds a significant appeal to the neighborhood, making it an ideal choice for families seeking quality schooling options.

Proximity to Downtown

In addition to its educational offerings, Old Enfield boasts an array of amenities that enrich residents’ lives. The neighborhood is strategically positioned just across MoPac from downtown Austin, providing easy access to cultural attractions, boutique shops, and fine dining establishments. Zilker Park is also an easy ride away. Residents can immerse themselves in the vibrant energy of the city while returning to the peaceful ambiance of Old Enfield at the end of the day.

With a perfect blend of historic allure, educational excellence, and convenient access to city amenities, Old Enfield remains a highly sought-after destination for those seeking an enriched and fulfilling lifestyle in Austin.

There you have it – Austin’s Richest Neighborhoods

Austin’s richest neighborhoods offer a tapestry of luxury living, each with its own distinctive character and allure. From the scenic views of West Lake Hills to the historic charm of Pemberton Heights, these neighborhoods cater to the discerning tastes of affluent residents. The amenities, schools, and sense of community contribute to the overall appeal, making these enclaves sought-after destinations for those seeking the pinnacle of luxury living in the heart of Texas. Whether it’s the exclusive country clubs of West Lake Hills, the golf courses of Barton Creek, the historic elegance of Pemberton Heights, or the proximity of these neighborhoods to amazing parks like Zilker, Austin’s affluent neighborhoods offer a lifestyle that combines opulence with the unique charm of the Texas Hill Country.

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Sean Morse
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