Why Live in Arboretum
The Arboretum neighborhood in Austin, Texas, is characterized by its central shopping and social hub, the Arboretum mall, which hosts a variety of shops, restaurants, and community events. This open-air mall, along with Arboretum Crossing, provides residents with numerous dining options, retail stores, and entertainment venues, including two theaters. The neighborhood features a mix of housing styles, from well-maintained ranch-style homes and traditional brick builds to condominiums and apartments, catering to diverse preferences. The area is known for its mature trees and well-regarded schools, including Hill Elementary School, Murchison Middle School, and Anderson High School, which offers an International Baccalaureate program.
Residents enjoy recreational activities at Great Hills Neighborhood Park, which offers nearly two miles of trails and community events like an Easter egg hunt and Fourth of July parade. The park's proximity to Bull Creek adds to the natural appeal of the area. The Arboretum also hosts various social events, such as outdoor movie nights and a weekly food and artisan market, enhancing the community vibe. Sports enthusiasts can easily access Q2 Stadium in the nearby North Burnet neighborhood to watch Austin FC games.
The neighborhood's location near the MoPac Expressway and Route 183 allows for convenient commutes to downtown Austin and the Domain, a nearby commercial area with major employers like Indeed and Amazon. Public transportation is available through CapMetro bus routes, and Austin-Bergstrom International Airport is 16 miles away. With a crime rate lower than the national average, the Arboretum offers a safe and vibrant community for its residents.
Frequently Asked Questions
Is Arboretum a good place to live?
Arboretum is a good place to live. Arboretum is considered fairly walkable and very bikeable with some transit options. Arboretum is a suburban neighborhood. Arboretum has 6 parks for recreational activities. It is fairly sparse in population with 4.7 people per acre and a median age of 36. The average household income is $105,634 which is above the national average. College graduates make up 67.1% of residents. A majority of residents in Arboretum are renters, with 89% of residents renting and 11% of residents owning their home. A
local real estate agent serving Arboretum can help you decide if this neighborhood is the right one for you. Learn more on our
Arboretum neighborhood guide.
How much do you need to make to afford a house in Arboretum?
The median home price in Arboretum is $412,500. If you put a 20% down payment of $82,500 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $2,050 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $88K a year to afford the median home price in Arboretum. The average household income in Arboretum is $106K.
What are the best public schools in Arboretum?
The best public schools that serve Arboretum are:
- Anderson High School has an A Niche grade, a student teacher ratio of 18:1 and an average review score of 3.7.
- Hill Elementary School has an A Niche grade, a student teacher ratio of 16:1 and an average review score of 3.7.
- Davis Elementary School has an A- Niche grade, a student teacher ratio of 13:1 and an average review score of 5.0.
What are the best private schools in Arboretum?
The best private schools that serve Arboretum are:
What are the most popular zip codes in Arboretum, Austin, TX?
What are the most popular neighborhoods near Arboretum, Austin, TX?
Are home prices dropping in Arboretum?
Yes, home prices in Arboretum are down 6% in the last 12 months.
Home Trends in Arboretum, TX
On average, homes in Arboretum, Austin sell after 25 days on the market compared to the national average of 52 days. The median sale price for homes in Arboretum, Austin over the last 12 months is $444,000, down 20% from the median home sale price over the previous 12 months.
Median Sale Price
$444,000
Median Single Family Sale Price
$837,500
Median Townhouse Sale Price
$399,000
Median 2 Bedroom Sale Price
$369,000
Average Price Per Sq Ft
$274
Number of Homes for Sale
4
Last 12 months Home Sales
12
Median List Price
$412,500
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-20%