What Can You Buy for $2M, $3M, or $5M in 78703, 78730, and 78746?
Luxury real estate is priced differently in every zip code — and in Austin TX real estate 2026, the same dollar amount buys a dramatically different product depending on whether you're shopping in 78703, 78730, or 78746. Understanding what your budget actually delivers in each market is the foundation of a smart buyers guide Austin TX 2026 strategy.
Bob McCranie, Broker Associate at Texas Pride Realty Group – HomeSmart Stars and a 23-year veteran of Austin TX real estate, has closed transactions at every price point in all three of these zip codes. What follows is an honest market-by-market breakdown — not marketing language, but realistic expectations.
What $2 Million Buys in Each ZIP Code
In 78703, $2 million gets you into the market — but not comfortably at the top of it. Expect a renovated historic home of 2,500–3,500 square feet in Tarrytown or Rosedale on a lot of 7,500–10,000 square feet. You may be choosing between location and condition at this price point.
In 78746, $2 million is solidly mid-market. You're looking at Eanes ISD zoning, 3,000–4,500 square feet, updated finishes, and a neighborhood setting in communities like Westlake Crossroads or Westlake Oaks. A good home at this price — not a trophy, but a genuinely strong asset.
In 78730, $2 million is near the top of the non-waterfront market. Expect 4,000–5,500 square feet, Hill Country views, significant lot size, and potential for a pool and outdoor entertaining space. Neighborhoods like North Cat Mountain and Steiner Ranch in 78730 deliver exceptional product at this price point.
What $3 Million Buys
In 78703, $3 million reaches the upper tier: fully renovated historic estates, new construction infill on large lots, or the best available homes in Old Enfield and central Tarrytown. Strong product; genuinely competitive at this level.
In 78746, $3 million opens up elevated terrain, canyon views, pool and outdoor kitchen, and strong Eanes ISD zoning in top neighborhoods. This is a genuinely excellent price point in 78746 — buyers have real selection and leverage.
In 78730, $3 million can reach entry-level waterfront: community lake access, or a modest true lakefront home on Lake Austin Village or Meadows Lake Austin. Significant upside in this range.
What $5 Million Buys
"At $5 million you're buying the best of whatever zip code you're in," says Bob McCranie. "In 78746 that means lakefront or near-lakefront with Eanes ISD. In 78703 that means a statement estate on one of Tarrytown's best streets. In 78730 that means genuine lakefront with dock, acreage, and views."
At $5M in 78746, communities like Rob Roy on The Lake and Island on Westlake come into reach. In 78730, Oak Shores on Lake Austin and Green Shores on Lake Austin lakefront estates are competitive targets.
Home values in Austin TX at the $5M level across all three zip codes have appreciated faster than the broader market over any 10-year period. Bob McCranie real estate builds a price-point-by-neighborhood analysis for every buyer. With over 1,561 homes sold and 45 Google 5-star reviews, Texas Pride Realty Group – HomeSmart Stars Austin TX buyers know exactly what their budget achieves before the first tour.
Browse: 78703 homes for sale | 78730 homes for sale | 78746 homes for sale | Eanes ISD homes for sale.