Same price. Different cost.

A $500K home can cost $7,326 more a year depending on the community. Leaves out 5 whose HOA is not confirmed. Compare 43 new-home communities near Austin.

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8 new-home communities. By estimated yearly cost at $500K, lowest first. Those without the figure go last.

  1. Aerial view of Big Sky Ranch, Dripping Springs

    Aerial view · USDA NAIP 2024

    Big Sky Ranch

    Dripping Springs · West

    New-home prices: $445,990 to $649,990

    Yearly cost (estimate)

    $9,848

    Extra charge
    No MUD or PID in the Hays CAD record (Oct 21, 2026)
    By car, without traffic

    32 min to downtown

  2. Aerial view of Tessera on Lake Travis, Lago Vista

    Aerial view · USDA NAIP 2024

    Tessera on Lake Travis

    Lago Vista · West

    New-home prices: $388,995 to $818,990

    Yearly cost (estimate)

    Usually $13,320

    $13,320 to $18,129 depending on the lot

    Extra charge
    PID $1,120–$5,929 a year
    By car, without traffic

    49 min to downtown

  3. Aerial view of Heritage, Dripping Springs

    Aerial view · USDA NAIP 2024

    Heritage

    Dripping Springs · West

    New-home prices: $329,990 to $634,990

    Yearly cost (estimate)

    $12,999–$13,756

    Extra charge
    PID $3,091–$3,848 a year
    By car, without traffic

    35 min to downtown

  4. Aerial view of Village Grove, Dripping Springs

    Aerial view · USDA NAIP 2024

    Village Grove

    Dripping Springs · West

    New-home prices: $316,990 to $664,047

    Yearly cost (estimate)

    $13,828

    Extra charge
    MUD, in the tax
    By car, without traffic

    32 min to downtown

  5. Aerial view of Cannon Ranch, Dripping Springs

    Aerial view · USDA NAIP 2024

    Cannon Ranch

    Dripping Springs · West

    New-home prices: $402,240 to $549,970

    Yearly cost (estimate)

    $8,212 (HOA not confirmed)

    Extra charge
    No MUD or PID in the Hays CAD record (Oct 22, 2026)
    By car, without traffic

    31 min to downtown

    • No confirmed HOA: the cost leaves it out.
  6. Aerial view of West Cypress Hills, Spicewood

    Aerial view · USDA NAIP 2024

    West Cypress Hills

    Spicewood · West

    New-home prices: $491,690 to $601,690

    Yearly cost (estimate)

    $13,004 (HOA not confirmed)

    Extra charge
    District, in the tax
    By car, without traffic

    40 min to downtown

    • No confirmed HOA: the cost leaves it out.
  7. Aerial view of Sola Vista, Spicewood

    Aerial view · USDA NAIP 2024

    Sola Vista

    Spicewood · West

    New-home prices: $849,990 to $1,201,515

    Yearly cost (estimate)

    $9,470

    At $500K: there are no new homes at that price here (they run $849,990 to $1,201,515). The figure is only for comparison.

    Extra charge
    No MUD or PID in the TCAD record (Oct 24, 2026)
    By car, without traffic

    37 min to downtown

  8. Aerial view of Parten, Austin (southwest)

    Aerial view · USDA NAIP 2024

    Parten

    Austin (southwest) · West

    New-home prices: $891,990 to $1,329,950

    Yearly cost (estimate)

    $13,212 (HOA not confirmed)

    At $500K: there are no new homes at that price here (they run $891,990 to $1,329,950). The figure is only for comparison.

    Extra charge
    MUD, in the tax
    By car, without traffic

    31 min to downtown

    • No confirmed HOA: the cost leaves it out.

North: Liberty Hill · Leander · Georgetown · North Austin. Main highways: I-35, US 183, 183A, MoPac, and SH 29.

Northeast and east: Round Rock · Pflugerville · Hutto · Manor · East Austin. Main highways: I-35, SH 130, SH 45, US 290, and US 79.

South: South and Southeast Austin · Buda · Kyle · San Marcos. Main highways: I-35, SH 45, and US 183.

West: Dripping Springs · Spicewood · Lago Vista · Southwest Austin. Main highways: US 290 and SH 71.

Map

Drive times without traffic: OSRM, with data from © OpenStreetMap contributors (Oct 20, 2026).

Area photos, from Wikimedia Commons: North: photo of Georgetown (Photo: Renelibrary, CC BY-SA 4.0, via Wikimedia Commons (cropped)) · Northeast and east: photo of Round Rock (Photo: James Howard, CC BY-SA 3.0, via Wikimedia Commons (cropped)) · South: photo of San Marcos (Photo: Jonathan Cutrer from San Angelo, United States, CC BY 2.0, via Wikimedia Commons (cropped)) · West: photo of Dripping Springs (Photo: Larry D. Moore, CC BY 4.0, via Wikimedia Commons (resized))

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