What does it cost to buy a home in Steiner Ranch right now?
In an ongoing series with Curbed Austin, real-estate analytics site NeighborhoodX takes a close look at the range of sales asking prices in the area, ranked by cost per square foot, to find out.
Steiner Ranch is an unincorporated, master-planned community approximately 20 miles northwest of downtown Austin—4,600 acres of wedged in a swath of land east of a bend in the Colorado River, which forms its western border, and Highway 620, just short of Lake Travis’ southern shores.
A decidedly upscale area with requisite McMansions and other pricey real estate, Steiner Ranch is almost resort-like, with a golf course, green space, access to water activities, a private club, and 12 miles of nature trails. It’s also a popular place to raise families.
The current average asking price is $171 per square foot, but the individual properties behind this number range from $119/per square foot (13009 Titus Court, a two-story, single-family home asking $419,000) to $502 per square foot (14800 Flat Top Ranch Road, a bona fide lakefront McMansion on the market for $6.9 million).
While the two highest-priced properties skew the chart a bit because they are both on several acres of land, their size and lakefront sites are not entirely unusual for the neighborhood, making them representative of how high prices can get in area.
To put this average price of $171 per square foot in context, Steiner Ranch falls between Manchaca ($169 per square foot) and Pecan Springs/Springdale ($215 per square foot) of neighborhoods NeighborhoodX has recently studied.