River Place vs Spicewood Elementary: Two Districts, One Corridor

Ed Neuhaus Ed Neuhaus January 15, 2026 8 min read

The More Expensive School Zone Has the Lower TEA Rating

River Place Elementary sits in one of the priciest corridors in Leander ISD, with a median home price north of $1.1 million. Spicewood Elementary, over in Round Rock ISD, comes in around $867K. And yet Spicewood outscores River Place on the TEA accountability rating, 86 to 79. That gap is worth paying attention to if you are shopping for homes in northwest Austin.

I have sold homes in both of these zones for years, and the dynamic here is interesting. River Place has always carried a premium because of the views, the lot sizes, and the overall feel of the neighborhood. But Spicewood has quietly built a strong academic track record inside a district (Round Rock ISD) that consistently ranks among the best in Texas. So you have two good elementary schools serving two very different price points, and the “cheaper” one actually posts higher numbers on the state report card.

Both schools sit along the Highway 620 and Highway 183 corridor in northwest Travis County, just a few miles apart. But they belong to different districts, feed into completely different middle and high schools, and attract buyers with different priorities. Lets dig into the numbers and see what stands out.

River Place vs Spicewood: Quick Comparison

River Place Elementary Spicewood Elementary
TEA Rating C (79/100) B (86/100)
Enrollment 587 students 309 students
Grades KG – 05 PK – 05
District Leander ISD Round Rock ISD
Median Home Price $1,113,500 $867,500
Feeds Into Canyon Ridge MS / Four Points MS → Vandegrift HS Grisham MS → McNeil HS

TEA School Performance Comparison (2025)

The Texas Education Agency evaluates every public school annually across multiple performance domains. Here is how both campuses performed in the 2025 accountability cycle.

Performance Metric River Place Elementary Spicewood Elementary
Overall Rating C (79/100) B (86/100)
Student Achievement B (80/100) B (83/100)
School Progress C (79/100) B (85/100)
Academic Growth C (79/100) B (85/100)
Closing the Gaps C (77/100) B (87/100)
Enrollment 587 students (KG – 05) 309 students (PK – 05)
Economically Disadvantaged 30.0% 44.3%
English Learners 8.3% 6.8%
TEA Distinctions 6 of 7 earned 6 of 7 earned

The numbers that jump out here are in School Progress and Academic Growth. Spicewood leads by six points in both categories, which tells you that students at Spicewood are making more year over year gains relative to where they started. And Spicewood’s Closing the Gaps score of 87 is ten points higher than River Place’s 77, which means the school is doing a better job of lifting all student groups, not just the ones who were already at the top.

What is particularly striking is that Spicewood has a higher economically disadvantaged rate (44.3% vs 30.0%) and still outperforms. That is a strong signal about the quality of instruction on campus. River Place earned 6 of 7 TEA distinctions despite the lower overall score, so the school is still delivering in specific academic categories. But the overall trajectory has been downward for River Place, dropping from a B (84) in 2024 to a C (79) in 2025.

For the full TEA breakdown on each campus, including rating history and all distinctions, visit the River Place Elementary school page or the Spicewood Elementary school page.

River Place Elementary: Hill Country Views and a Changing Score

River Place Elementary benefits from one of the most scenic residential corridors in the entire Austin metro. The neighborhoods in this zone, particularly the master planned River Place community and Ribelin Ranch, offer wooded lots, canyon views, and the kind of spacious living that buyers driving up from central Austin fall in love with immediately. This is Leander ISD, which carries a strong overall reputation, and the campus has historically been a solid performer. The school earned a B rating four years in a row before dipping to a C in 2025.

That dip is worth watching. A seven point drop in one year (from 84 to 79) is significant, and it moved the school from a comfortable B into C territory. The Student Achievement score held relatively steady at 80, so the decline was driven more by School Progress and Academic Growth, both of which landed at 79. For buyers considering this zone at the $1M+ price point, it is fair to ask whether this is a blip or a trend. I would not panic, but I would keep my eye on next year’s numbers.

River Place feeds into Canyon Ridge Middle School and Four Points Middle School, then on to Vandegrift High School, one of the top rated high schools in the region. That feeder path is one of the biggest reasons buyers pay a premium for this zone. The high school destination matters a lot to people making long term decisions about where to live.

Spicewood Elementary: Smaller Campus, Stronger Numbers

Spicewood Elementary is a smaller campus (309 students) inside Round Rock ISD, and it has quietly posted strong results. The school scored a 94 in both 2019 and 2022 before dipping into the mid to high 80s over the last three years. The 2025 score of 86 represents a bounce back from 81 in 2024, which is actually a positive sign. Spicewood is trending in the right direction while River Place is trending the other way.

Round Rock ISD gives Spicewood access to gifted and talented programming, strong fine arts, and STEM enrichment that starts early. The campus culture is tight knit, partly because of the smaller enrollment, and parent involvement is strong. Buyers in this zone get a lot of value compared to higher priced zones nearby, and the school’s academic performance justifies the investment.

The Neighborhoods

The River Place zone includes some of the most dramatic real estate in northwest Austin. River Place and Milky Way is the anchor community, featuring elevated lots, mature live oaks, and custom homes that take advantage of the terrain. Ribelin Ranch offers larger acreage tracts for buyers who want elbow room. And for a more accessible entry point, communities like Alicante offer condos and townhomes that put the zone within reach without the maintenance burden.

Spicewood Elementary draws from communities along the 183/620 corridor where lots are generous and the Hill Country character runs deep. The homes here range from classic ranch style builds to updated contemporary construction, and the price point is notably lower than what you will find in the River Place zone. Buyers who are specifically targeting Round Rock ISD find this area appealing because it delivers strong schools without the premium that Leander ISD commands in the River Place corridor.

Browse all homes zoned to River Place Elementary or homes zoned to Spicewood Elementary.

Which School Fits You?

This really comes down to what you prioritize and what you want to spend.

You might lean toward River Place Elementary if:

  • You want access to the Vandegrift High School feeder path, which is one of the most sought after in the metro
  • You value dramatic Hill Country views and large lot sizes
  • You are buying at the $1M+ level and want a Leander ISD address
  • You believe the 2025 dip is temporary and the campus will bounce back

You might lean toward Spicewood Elementary if:

  • Current TEA performance is a top priority and you want the higher scoring campus right now
  • You prefer a smaller school environment with around 300 students
  • You want a strong Round Rock ISD campus at a lower price point than River Place

Honestly, I think Spicewood is the better value play right now. You get a higher rated school, a respected district, and you save a quarter million dollars on the median home price. But River Place has that feeder path to Vandegrift, and for buyers thinking 10 years ahead to high school, that is a hard thing to ignore. Either way, you are landing in a great part of Austin.

Frequently Asked Questions

What is River Place Elementary’s TEA rating?
River Place Elementary received an overall C rating with a score of 79 out of 100 from the Texas Education Agency in 2025. The school earned 6 of 7 possible TEA distinctions despite the lower overall score.
What is Spicewood Elementary’s TEA rating?
Spicewood Elementary received an overall B rating with a score of 86 out of 100 from the Texas Education Agency in 2025, earning 6 of 7 possible distinctions.
Are River Place and Spicewood in the same school district?
No. River Place Elementary is part of Leander ISD and Spicewood Elementary is part of Round Rock ISD. The two schools are only a few miles apart in northwest Austin but belong to different districts with separate feeder patterns.
What is the median home price near River Place vs Spicewood Elementary?
The median home price in the River Place Elementary zone is approximately $1,113,500, compared to approximately $867,500 near Spicewood Elementary. That is roughly a $246,000 difference for a school zone with a lower TEA rating.
What high schools do River Place and Spicewood Elementary feed into?
River Place Elementary feeds into Canyon Ridge or Four Points Middle School, then Vandegrift High School. Spicewood Elementary feeds into Noel Grisham Middle School, then McNeil High School. Both are strong high school destinations.

Ready to Find Your Home?

Whether you are leaning toward the views in River Place or the value at Spicewood, I would love to help you figure out which zone makes the most sense for your situation. I have been selling homes in northwest Austin for over 19 years and I know these neighborhoods block by block. Lets set up a time to talk through what matters most to you and find the right fit.

Schedule a Consultation

Ed Neuhaus

Written by Ed Neuhaus

Ed Neuhaus is the broker and owner of Neuhaus Realty Group, a boutique real estate brokerage based in Bee Cave, Texas. With 19 years in Austin real estate and more than 2,000 transactions under his belt, Ed writes about the local market, investment strategy, and what buyers and sellers actually need to know. These posts are written by Ed with help from AI for editing and polish. Every post published under his name is personally reviewed and approved by Ed before it goes live.

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