Why Live in Lakeway
Lakeway, located 20 miles northwest of downtown Austin on the banks of Lake Travis, offers a mix of natural amenities and stately homes. The neighborhood is known for its outdoor activities, including swimming, boating, and fishing on Lake Travis, as well as hiking and mountain biking in the Canyonlands at Rough Hollow Cove. Lakeway City Park features playgrounds, sports courts, and a butterfly garden, while Dragon Park offers picnic areas and a sports field. Golf enthusiasts can enjoy Falconhead Golf Club and The Hills Country Club. For art lovers, Bee Cave Sculpture Park showcases over 30 sculptures along a scenic trail. Indoor fitness options include Orangetheory Fitness, and the Lake Travis Community Library provides extensive reading materials and programs. Housing in Lakeway ranges from condominiums and townhouses to luxurious lakefront homes. The neighborhood's commercial offerings include unique shops like Diesel Barbershop and Maria & Kyndal’s Boutique, as well as the Hill Country Galleria with 75 retailers. Dining options range from MorninGlory for breakfast to the upscale Canyon Grille with views of Lake Travis. Lakeway is served by the highly rated Lake Travis Independent School District, including Lake Travis Elementary, Middle, and High Schools, and St. Stephen’s Episcopal School. While the area is car-dependent with no public transit, residents have easy access to Highway 620 and can reach San Antonio or Austin airport in about an hour.
Home Trends in Lakeway, TX
On average, homes in Lakeway, TX sell after 72 days on the market compared to the national average of 52 days. The median sale price for homes in Lakeway, TX over the last 12 months is $770,750, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$770,750
Median Single Family Sale Price
$882,500
Median Townhouse Sale Price
$399,949
Median 2 Bedroom Sale Price
$470,000
Median 1 Bedroom Sale Price
$348,500
Average Price Per Sq Ft
$311
Number of Homes for Sale
212
Last 12 months Home Sales
385
Median List Price
$850,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-1%