Lakeway Real Estate
Lakeway sits along the southern shore of Lake Travis, about 16 to 25 miles west of downtown Austin depending on which part of the city you're in, and it has been the benchmark for luxury lake-suburb living in the Austin metro since development began in the early 1960s. What started as a resort-style vision has grown into a full-service city with generations of homeowners who came for the water and stayed for the lifestyle.
Buyers researching Lakeway typically want to know about schools, lifestyle, and what kind of housing is available at their price point. On schools, the answer is simple: all of Lakeway is zoned to Lake Travis Independent School District, one of the strongest-performing districts in the entire Austin region, earning a close third place behind Eanes and Leander ISD with athletics that rank in the top 50 statewide. That single fact drives a significant share of Lakeway's demand from families.
On lifestyle, Lakeway is organized around golf, marinas, and lake access, with sub-communities like Rough Hollow offering resort-style marina living, The Hills of Lakeway delivering gated golf-course luxury with dramatic Hill Country views, and Flintrock Falls anchored by a Jack Nicklaus Signature course. Housing spans a wide range, from lock-and-leave villas to multi-million-dollar waterfront estates, with median prices in the mid-$700,000s and luxury properties reaching well into the millions.
Lakeway is car-dependent for nearly all daily errands, and buyers considering waterfront property should factor in Lake Travis's natural water level fluctuations, which can affect dock access and usability over time. Property tax rates vary meaningfully by zip code within the city, so it's worth having those numbers run precisely for any specific address under consideration.
Demographically, Lakeway skews toward established professionals, families with school-age kids, and retirees, with a median household income well above the regional average and a strong homeownership culture that contributes to real neighborhood pride. Our agents at Magnolia Realty know this lake market deeply and can walk you through which section fits your lifestyle and budget. Reach out anytime to start the conversation.
Most Popular
606 Explorer
$705,000
Most Expensive
909 Brooks Hollow Rd
$4,495,000
Least Expensive
267 Mooring Cir
$422500
Lakeway Listings Summary
Lakeway - Town vs. County Stats
Avg Price in Lakeway: $1,082,900 / County Avg $809,300
134%
Avg Taxes in Lakeway: $13,900 / County Avg $14,800
94%
Avg Sq. Ft. in Lakeway: 3,045 / County Avg 2,149
142%
Avg Price per/sqft in Lakeway:$356 / County Avg $377
94%
Avg Year Built in Lakeway: 1999 / County Avg 1999
100%
Avg Days on Website in Lakeway: 106 / County Avg 103
103%
Lakeway Real Estate Market Health
New Listings
Reductions
Foreclosures
Short Sales
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