Located in deep South Austin, Cherry Creek is a lively community with several parks and retail shopping centers. Homes in Cherry Creek are typically considered to be among the more moderately priced homes in the city. Many residents have lived in the community since the 1970s and 80s and homes are well maintained and many have mature trees and tastefully landscaped lawns. This area is also appealing to many first-time home buyers because of its relative affordability and close proximity to the attractions of south and south-central Austin.