A new study identifying the most expensive neighborhoods across the country comes with a big surprise — an Austin neighborhood at tops the list for all of Texas.

Barton Creek has been named the most expensive neighborhood in the state by ConstructionCoverage.com. The affluent Austin neighborhood boasts a median home value of $1,046,600 —  currently at its peak. Home values in the neighborhood jumped 5.1 percent in just one year, 6.3 percent in the last five, and 3.1 percent over the last decade, the study adds.

A new study identifying the most expensive neighborhoods across the country comes with a big surprise &mdash; an Austin neighborhood at tops the list for all of Texas.
Barton Creek has been named the most expensive neighborhood in the state by&nbsp;<a href="http://constructioncoverage.com/research/the-most-expensive-neighborhood-in-every-state">ConstructionCoverage.com</a>. The affluent Austin neighborhood boasts a median home value of $1,046,600 &mdash;&nbsp; currently at its peak. Home values in the neighborhood jumped 5.1 percent in just one year, 6.3 percent in the last five, and 3.1 percent over the last decade, the study adds.

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Texas most affluent neighborhoods. Austin tops the list