What does it cost to buy a home in Bee Cave right now?
In an ongoing series with Curbed Austin, real-estate analytics site NeighborhoodX is taking a close look at the range of sales asking prices in different neighborhoods, ranked by cost per square foot, to find out. Today’s focus is the suburb of Bee Cave.
Bee Cave is a small city about 12 miles northwest of Austin. It runs along both sides of state Highway 71 starting just north of Barton Creek Preserve and continuing northwest to the edge of Falcon Hills Primitive Park.
Like many areas around Austin, it was until recently a small town that attracted outdoorsy types (visitors and residents) with its natural resources, trails, and setting near the Hill Country. It still does, but it has also become a bedroom community—or, more accurately, a telecommuting community—of Austin, with the requisite golf club, McMansions, and the Hill Country Galleria shopping mall.
The current average listing price for Bee Cave is $194 per square foot. However, the individual properties that make up this average range from $125/square foot (14504 Broadwinged Hawk Drive, a large, single-family home asking $445,000) to $538/square foot (13200 Bee Cave Parkway, Unit #32—there are several townhouse units under construction at that address that are similarly priced—in the $2 million range).