$1 Million and Up
Luxury New Construction Homes in Austin
The Austin metro's finest new builds: modern estates, semi-custom homes, and fully custom Hill Country and lakefront properties, priced from $1 million. Explore where they are built and search the live market, with builder-paid, independent representation on your side of the contract.
Prefer to talk now? Call or text 254-718-2567
Get an agent on your side of the table
The builder's agent works for the builder. I work for you, and the builder pays my fee in most cases, disclosed in writing before we tour. Ask me anything; I reply personally, usually the same day.
The short answer
As of 2026 there are hundreds of new construction homes priced at $1 million and up across the Austin metro, from polished production estates to fully custom homes on acreage, with a median around $1.6 million. The finest inventory sits in west Austin, the Lake Travis area, and the Hill Country.
Live from the MLS
315 luxury new homes for sale
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Built 2026Where to look
Where luxury new construction is built around Austin
Luxury new homes cluster in a handful of areas. Here is where to focus, and the suburb guides that go deeper.
West Austin
Modern estates in the hills and canyons west of the city, close in but private, with the metro's deepest luxury new-home pool.
Lakeway & Lake Travis
Waterfront and hillside custom homes with lake access and views, plus golf and resort communities like Rough Hollow.
Lakeway guideDripping Springs & Driftwood
Hill Country acreage, wineries, and custom builds with land and privacy, zoned to top Dripping Springs ISD.
Dripping guideLeander & Travisso
Toll Brothers and semi-custom estates in the Travisso hills, with big views and Leander ISD schools.
Leander guideLiberty Hill
Larger lots and acreage estates on the growing northwest edge of the Hill Country.
Liberty guideGeorgetown estates
Custom and estate sections inside master-planned Wolf Ranch and along the San Gabriel River.
Georgetown guideA new category
Branded residences arrive in Austin
Hotel-brand condominiums have been a Miami and Los Angeles product for years. Texas now has a pipeline of them, and the first Austin project not attached to a hotel is selling.
Viceroy Residences Austin
300 & 301 Pressler St, Clarksville · 146 residences · about $800,000 to $6 million
Pearlstone Partners with a Viceroy licence, on three acres between downtown and Lady Bird Lake with its own trailhead onto the Butler Trail. Sales opened in August 2026 for a fall 2027 delivery. The entry residence works out to roughly $1,044 a square foot, well above what the central Austin condominium market is transacting at today, which is the whole question worth thinking about before you buy a brand in advance.
Read the buyer-side breakdownOn your side of the table
A buyer’s advocate on a multimillion-dollar build
Custom and semi-custom contracts, allowances, change orders, and inspections carry real money and risk at this level. Luke represents you independently, reviews the builder’s contract before you sign, and negotiates on your behalf. On new construction the builder pays your representation in most cases, disclosed in writing before you tour, whatever the purchase size.
Good to know
Luxury new construction, answered
- What counts as a luxury new construction home in Austin?
- On this site, luxury means new construction priced at $1 million and up. As of 2026 that tier spans polished production estates, semi-custom homes, and fully custom Hill Country and lakefront properties, with a median around $1.6 million and homes reaching well over $6 million.
- Where are luxury new construction homes built around Austin?
- The deepest luxury new-home inventory is in west Austin, the Lake Travis area (Lakeway, Bee Cave, Spicewood), the Hill Country (Dripping Springs, Driftwood), Leander and Travisso, Liberty Hill, Georgetown estates such as Wolf Ranch, and Horseshoe Bay.
- How much do luxury new homes cost in the Austin metro?
- Luxury new construction generally starts at $1 million and runs into the multiple millions, with a 2026 median around $1.6 million. Fully custom homes on acreage, with lake or Hill Country views, reach the highest prices.
- Who pays for buyer representation on a luxury new construction home?
- Even at the luxury tier, the builder or seller pays the buyer agent commission on new construction in most cases, disclosed in writing before you tour, so Luke represents you with the builder covering his fee and protects your side of the contract, incentives, and inspections on a multimillion-dollar purchase.
- Do I need a buyer's agent to buy a luxury new build?
- It is especially valuable at this level. Custom and semi-custom contracts, allowances, change orders, and inspections carry real money and risk. An independent buyer's agent reviewing the contract before you sign protects a large investment, with the builder covering the fee in most cases (in writing before you tour).
Builder-paid representation
Looking for a luxury new build in Austin?
Tell Luke your must-haves, whether it is west Austin, the lake, or the Hill Country, and he will surface the best new and pre-market luxury homes, and represent you independently through the contract.
Luke Allen
Licensed Texas REALTOR, TREC #788149
Austin Marketing + Development Group