On the south shores of Lake Travis, the independent city of Lakeway continues to be an esteemed resort-like destination for the Austin region long after the mid 1970s, when landowners first saw the potential for a tourism industry in the scenic waterfront hills. Before the creation of the Lakeway Resort & Spa, the city was a somewhat tumultuous tangle of homesteaders who laid unofficial, and in some cases overlapping claims to large swathes of mountain cedar, turning their scorched remains into charcoal. Before that, Lakeway was the home of Tonkawa and Comanche tribes, who also were known for their land disputes. Today's Lakeway is crucially different, even if the demanding landscape has stayed the same and some habits die hard. For some of Lakeway's 18,000 residents, the enduring history of awkward land use might mean having to find their own water source. Even with its quirks, Lakeway pulls in many buyers for its vacation lifestyle. But what keeps them staying year after year are the great schools and overall convenience.
Lakeway City homes include luxury estates and affordable condos.
Guests at Lakeway Resort in Lakeway City enjoy luxurious accommodations and amenities.
Lakeway City offers water sports with access to Lake Travis boat ramps.
Lakeway City marinas are perfect for boaters and water enthusiasts on Lake Travis.
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Academic distinctions for Lake Travis ISD and private schools
Lakeway is part of the Lake Travis Independent School District, a single high school district that serves roughly 11,400 students across seven elementary schools and three middle schools. Although outranked by the Eanes and Leander Independent School Districts, Lake Travis ISD earns a close third place in the Austin region, boasting an overall Niche score of A-minus and athletics that rank within the top 50 statewide. "I think what makes the draw to it, to be honest, is the part of town that it sits in," says Realtor Jeffrey Hendricks of Team Price Real Estate. "It's extremely high affluence. So that's why they continue to have a storied athletic program, as well as kind of the rating on the school too. You get folks that move here strictly because they want to go to that specific district." Still, some parents send their kids to prestigious private schools nearby, like the International School of Texas, a secular institution west of Bee Cave, or St. Stephen's Episcopal School, a religious institution in Westlake, both of which have A-plus Niche scores.
Lake Travis High School has a walk-up entrance and handicap access in Bee Cave, Austin TX.
Lake Travis Middle School is a public middle school located in Austin.
International School of Texas offers global education.
St. Stephen’s Episcopal School in Westlake is affiliated with the Episcopal Church.
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Marinas, country clubs and public parks along Lake Travis
Segmenting the neighborhoods of Lakeway are miles of greenbelt trails, linear parks and golf courses like the Hills Country Club, signaling the outdoorsy preferences of this active community. Boating is without a doubt the preeminent pastime on Lake Travis, leading those without a private boathouse on their property to rent a slip at one of the many marinas in Lakeway. "The lake is popular, but really you have to own a boat," says Realtor Lauren Clark of Magnolia Realty. "There are boat sharing services where you can rent a jet ski or something. But unless you know somebody with a boat, then really you're just ending up at one of the public parks to go swimming, and it's okay. They're not like a huge destination, in my opinion. But if you have a boat, or access to a boat, it's very fun." The Lakeway Parks and Recreation Department oversees 13 facilities within the city, all of which are open to the public. The crown jewel of them all is Lakeway City Park. The wide variety of amenities offered there include a butterfly garden, a dog park, numerous sports courts and beaches for swimming. Lakeway City Park also has several public boat ramps, offering a way to put in non-motorized craft like kayaks, canoes and fishing rowboats. The Lakeway Activity Center is also an important fixture, but more for indoor programming and other social events than outdoor activities.
Bee Cave green spaces offer peace and quiet.
Lakeway City Park features a butterfly garden, dog park, and sports courts.
The Hills Country Club in Lakeway City offers golf and social activities.
Navigate the pristine waters of Lake Travis in Lakeway, as you embark on a boating adventure.
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Shopping and playing in the Oaks at Lakeway
With its cutesy coffee shop and boutiques for violin repair, embroidery and other locally-owned services, the Lakeway Village Square has arguably stayed the most unique shopping experience in the city since it opened in 1995. But with no grocery stores, it takes a back seat to the city's largest and busiest shopping center, the Oaks at Lakeway. Home to several supermarkets, big box stores and chain restaurants, the 175,000 sq. foot shopping mall more or less serves as the heart of commercial activity in Lakeway. It's also the city's primary magnet for indoor activities, with a range of activities including laser tag, bowling, live theater and library visits.
Bowling alleys in Lakeway City provide classic fun for all ages.
Explore Maria & Kyndal's Boutique, where fashion meets a personalized shopping experience.
Shopping centers in Lakeway City offer a mix of boutiques and popular stores.
Lakeway City has several supermarkets offering fresh groceries and daily essentials.
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Municipal Utility Districts, rentals and other housing quirks
Less than a quarter of residents rent their homes in Lakeway, with the vast majority of housing options being suburban single-family homes ranging in size from modest to massive. Options remain wide for single-family homes, with smaller established homes from the 20th century offset by luxurious estates accessible by airplane in neighborhoods like the Lakeway Airpark. Seeking to maintain the landscape's natural splendor, most homes are built to accent their wild surroundings, including subtle elements, like stacked stone exteriors on unassuming ranchers. But some homes, especially the many expansive estates in Lakeway, flash comprehensive design motifs like Prairie- or Mediterranean-style architecture. A crucial deciding factor is also location, as not all of the neighborhoods in Lakeway are within the city's Municipal Utility District, meaning they must source their own utilities like water. The median price of a single-family home in Lakeway is around $825,000, but plenty of expansive estates and even some modest suburban homes sell for well over $1 million. Land parcels can also sell for well over $1 million, but most buyers end up paying between $350,000 and $825,000 per acre. Condos and townhouses tend to offer a lower-cost option, with a median price around $430,000. Seeking to grow the supply of affordable housing in Lakeway, recent capital investment around the Oaks at Lakeway shopping center includes a swathe of new units in apartment communities like Tuscan Village and The Oaks. Moreover, the Square at Lohman's is a planned 350,000 sq. foot mixed-use commercial space that is being constructed next door, expected to create 350 housing units in addition to shopping and recreational facilities.
Lakeway City’s housing blends natural beauty with modern amenities.
Homes in Lakeway City often feature stunning views of the Hill Country.
Lakeway City boasts several exclusive gated subdivisions for luxury living.
Lakeway City homes include luxury estates and affordable condos.
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Tennis leagues and Rotary Clubs
Although Lakeway is more on the slow side compared to the toe-tapping metropolitan hub that is Austin, there is still lots to do. Many city residents maintain a membership at the private athletic clubs around Lakeway, such as the Hills Country Club, with each offering their own social events, like cocktail mixers, and group recreation activities like league tennis. There's also numerous civic clubs and organizations to join, like the Lakeway Lions Club, the Lake Travis Rotary Club, the Greater Lakeway Residents Association, the Lakeway Garden Club or the Lakeway Photography Club. The city government organizes a number of holiday events, including an annual 4th of July Parade and a Trail of Lights during the Christmas season. The Lakeway Activity Center also has free events all throughout the year, including a Big Band Bash on the second Wednesday of every month.
Greenbelt trails and Hills Country Club’s tennis courts define Lakeway City’s lifestyle.
Lakeway City hosts events like the 4th of July Parade and Trail of Lights.
Dive into luxury at the pool of Lakeway Resort & Spa, a haven of relaxation.
Social events at Hills Country Club in Lakeway include cocktail mixers and more.
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Car-dependent commutes across the region
Along with the rest of Lake Travis, Lakeway is a car-dependent city. Lacking any public transit whatsoever, Lakeway's average household has two cars, and its commuters spend an average of 27 minutes driving to work, according to Census data. Ranch Road 620 is the primary connecter for Lakeway, offering a way to reach cities north of Austin, like Cedar Park, or south of Austin, like Bee Cave. Commuting isn't much of a consideration for all buyers, but the effects of that can be two-fold. "Most of the people that live out here are either stay at home moms, they're in the tech industry and they're really not commuting, or they work at a big tech company, like Tesla," says Realtor Desiree Rogacki of Coldwell Banker. "So, we don't have a lot of people that we need to work the restaurants and work the drive thru's and things like that." There are several major employers in Lakeway that keep workers local, however. The city's three largest employers are Lake Travis ISD, the Lakeway Resort & Spa, and the Baylor Scott & White Medical Center, respectively.
A rugged landscape with low crime
Any corner of Texas Hill Country can be a demanding environment, considering it's chock full of flood control measures and news reports of coyote sightings, even in suburban Lakeway. In a region where summer temperatures can reach as high as 110-degrees Fahrenheit, Hill Country's arid climate is prone to long dry spells, and the water level on Lake Travis fluctuates around this. This means everyday life on Lake Travis is drastically determined by water and a person's access to it, both for residents within the Lakeway Municipal Utility District, which gets its drinking water from Lake Travis, and those outside of LMUD jurisdiction, where homes rely on well water. Sometimes, Lake Travis' water level can reach so low that public boat ramps are shut down to deter boaters. Droughts also heighten the risk of wildfires, which Lakeway is already at risk of, as most of the city is in an ember zone and higher-risk areas are less than a mile west. Because of Hill Country's dry atmosphere, droughts are often followed by torrential downpours as moist air from the Gulf of Mexico drifts in and collides with local weather patterns. Together, droughts and rainstorms create a significant risk of flash flooding along the shores of Lake Travis and its tributary creeks, as well as a risk of mudslides all throughout Lakeway.
But there are benefits to offset the demanding environment, with Lakeway's low crime rate being particularly noteworthy. Compared to the rest of Texas, residents of Lakeway are far less likely to become the victim of a crime. FBI data from December 2022 shows violent crime in Lakeway to be on a downward trend since mid-2018. The city's average of 30.74 violent crimes per 100,000 residents is below that of Texas, which sees 123.61 violent crimes per 100,000 residents. Property crime rates in Lakeway are slightly higher, with an average of 92.22 property crimes per 100,000 residents, still well below the state average of 189.08 property crimes per 100,000 residents.
Written By
Tom Jakob
Photography Contributed By
Saeid Zare
Video By
Scott Wiggins
Interested in learning more about homes in this area?
Reach out to
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an experienced agent in this area.
GreatSchools:
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On average, homes in Lakeway, TX sell after 85 days on the market compared to the national average of 55 days. The median sale price for homes in Lakeway, TX over the last 12 months is $699,000, down 7% from the median home sale price over the previous 12 months.
Perched along the shores of Lake Travis, this exceptional Dick Clark-designed residence offers a rare blend of architectural significance and premier waterfront living. Located at 1500 Buffalo Gap, the home sits in a deep water cove within a no-wake zone, providing calm waters, added privacy, and ideal conditions for year-round enjoyment.Designed to capture its breathtaking surroundings, the
ITS AN ABSOLUTE STEAL!!!Picturesque Santa Barbara-style lock and leave single family home that is in a Condo regime. 3 bed / 2.5 bath, over 1,903 sq ft, built 2019. Open-concept living with vaulted ceilings, panoramic canyon views, and the only fully fenced in backyard with backyard door direct from house to backyard in community. and useable backyard in the community. HOA-maintained
Welcome to 321 Bisset Court, an extraordinary semi-custom built residence in the prestigious Rough Hollow community, where refined Hill Country living meets sweeping Lake Travis views. Thoughtfully designed with 2,875 square feet of elegant living space, this exceptional home features four bedrooms, three-and-a-half baths, and a sophisticated yet inviting atmosphere designed for effortless
There is a particular ease to a house that asks nothing of you. At 122 Feritti Drive, four bedrooms and three full baths sit on a single level — 2,520 square feet with no interior steps and no stairwell to negotiate. Scott Felder Homes built it in 2014 on a corner quarter-acre in the East Rim, the original Rough Hollow, where tile roofs run every street and the design guidelines were written
Welcome to 109 Bella Colinas, an exquisite 4,040 sq. ft. residence in the prestigious Rough Hollow community of Lakeway. This thoughtfully designed home blends timeless elegance with modern convenience, offering 4 bedrooms, multiple living spaces, and a stunning private guest casita with a full bath. Step through the charming courtyard—complete with an outdoor fireplace—into a home filled with
As you pass through the double gates of Flintrock Falls, where private serenity meets refined country club living, a sense of calm and belonging begins to take hold. The winding drive to 504 Black Wolf Run, shaded by mature oaks and set against a backdrop of golf course views and Texas skies, leads to a residence that feels more like a Mediterranean resort than a home. Built by acclaimed custom
Located in the desirable Vista at Lakeway community, this well-maintained 3-bedroom, 2.5-bath townhome offers a functional layout and low-maintenance living in a prime location. The open-concept main level features wood flooring and a spacious living and dining area that flows seamlessly into the kitchen, creating an ideal setup for everyday living and entertaining.A versatile study or bonus
Every day feels like a vacation in this 3-bedroom, plus office, 2-bathroom Lakeway home with a 2-car garage, brimming with vintage character and retro charm. Inside, you’ll find spacious living areas, timeless architectural details, and a layout full of personality and potential. Backing directly onto Live Oak Golf Course and just steps from the Clubhouse, 302 Seawind perfectly blends Lake Travis
Located behind the gates of the prestigious Hills of Lakeway, this 2,700 sq. ft. Hill Country residence has already been beautifully updated — move-in ready, with nothing to renovate or manage from a distance. The versatile floor plan lives large: 4 bedrooms in all, with 2 on the main level (the primary suite plus a private study currently used as a bedroom/office), and 2 upstairs bedrooms tucked
New single family home located in Lakeway, TX! The Lynmar IV is a gorgeous open and airy home that boasts amazing indoor and outdoor entertaining spaces. The two-story foyer invites you in and draws your eye to the two-story dining room that overlooks the amazing courtyard. The gourmet kitchen includes a large pantry and huge island for entertaining. This home features a spacious family room that
Welcome to 623 Sunfish St. in Old Lakeway! Nestled beneath a canopy of live oaks and positioned directly on the popular Live Oak Golf Course, this beautifully updated home embodies everything that makes Old Lakeway one of the most desirable communities on the south shore of Lake Travis. Located among the original homes that helped shape Lakeway's unique character, the property offers a rare blend
Step into a home that perfectly balances sophistication with comfort. Boasting 1,858 square feet, this stylish 3-bedroom, 2.5-bath residence delivers curated living spaces designed to accommodate both relaxation and functionality.As you enter, you're greeted by a thoughtfully designed foyer with high ceilings and recessed lighting, creating an open, airy first impression. The open-concept
Picture ending the day on the terrace, the marina below you and the Hill Country going gold as the sun drops over Lake Travis. That is the everyday view from this Lakeridge home on Rough Hollow's south shore, and it is the reason people fall for this one. You are inside a gated enclave, yet the water is barely a walk away: a private gate opens straight to the marina, the Canyon Grille, and the
Nestled in the heart of Old Lakeway, this exceptional home offers the perfect blend of location, lifestyle, and thoughtful design. Just a short distance from the soon-to-be-completed Lakeway Square, you'll enjoy easy access to shopping, dining, and entertainment while living on a quiet, tree-lined street.The home features four spacious bedrooms, each with its own ensuite bath. The fully
Must see, one of a few lake view properties in Rough Hollow !! Gorgeous, mediterranean style 1 story home, 4 bedrooms / 3 full bathrooms / additional, dedicated office, overseeing the canyon with panoramic lake and Hill Country views featuring everything you need to relax and unwind after a busy day. This is one of the few homes in Rough Hollow on a private, oversized lot located in a Cul de Sac.
Recently renovated 3 bed, 2 bath duplex tucked away in the heart of Lakeway! Complete with a refrigerator, washer, and dryer and brand new tile flooring through-out, no carpet! Prime location allows for quick access to everything from HEB and Baylor Scott & White to upscale shopping, dining, and entertainment at Hill Country Galleria. Enjoy an open- concept layout with refreshed interior paint
The Jovie is an active adult living community that redefines the category in a contemporary, hospitality-driven space, with comfortably sophisticated design, resort-style amenities, convenient retail, and engaging social programming.Jovie Lakeway is a to be built Active Adult Age Restricted (55+) Community located in the City of Lakeway in Travis County Texas. Located along the Colorado River and
Enjoy comfortable Austin living in this inviting 3-bedroom, 2-bathroom residence. Featuring approximately 2,100 square feet of living space, the single-story layout offers a spacious and functional floor plan. Conveniently located near Austin’s dining, shopping, entertainment, and other amenities, this home provides both comfort and convenience in a desirable location.
Make your next move to the crown jewel of Austin and enjoy the perfect balance of scenic beauty and the fast-paced atmosphere of downtown. Come home to our elegant one, two, three, and four bedroom apartments in Lakeway, TX, where style and elegance meet the comforts of home. Experience the convenience of energy-efficient designs amidst elegant amenities ranging from beautiful granite countertops
Welcome to your new oasis at 101 Firebird St. in the heart of Lakeway, TX! This charming 3-bedroom home offers an unparalleled blend of comfort and style, perfect for those seeking a serene retreat. As you step inside from the large covered front porch, you'll be greeted by the warm, natural woodwork and beautiful wood floors that flow throughout the home. No carpet! The open kitchen, living, and
Completely renovated, Farmhouse Modern - Lake Travis ISD, spacious and bright 2 story home. This 2,076 sq. foot home has been completely renovated, features 3 large bedrooms and 2.5 baths with an open concept living room, dining room and kitchen. Brand new wood floors throughout the house are European white oak for a very nice touch that fits well with the farmhouse mod design of the
Welcome to 209 Maxwell Way, a well-appointed single-story home located in coveted Rough Hollow, one of Lakeway’s finest Lake Travis waterfront communities, featuring unbeatable amenities. This home offers privacy and a rare opportunity to have a large, level backyard that backs up to dedicated green space.Not only is this home beautiful, but it also joins luxury and functionality together
Welcome to your new home in The Hills of Lakeway, TX! This delightful property offers an ideal blend of comfort and convenience, perfectly situated near an array of excellent restaurants and department stores. Just a short drive away, you’ll find essential services, including Vik Complete Care and National Driver Training, making daily life effortlessly accessible. Key property features
Experience elevated Hill Country living in this beautifully appointed 3-bedroom, 2.5-bath home offering stunning views, custom finishes, and an easy lock-and-leave lifestyle. The main level is designed entirely for living and entertaining, featuring a custom kitchen with premium ZLINE appliances, including a wine refrigerator and dedicated ice maker. Just off the kitchen, a spacious covered back
Landing is a top-rated, fully furnished apartment network with thousands of homes across 250+ U.S. cities. With premium amenities, a mobile app to manage your stay, and 24/7 support. Our apartments have everything you need for monthly and longer stays. 6-Month+ Stay base rent: starts at $1927/mo 12-Month+ Stay base rent: starts at $1841/mo Landing's apartments at Falconhead are
Charming 2-Bedroom Condo with Loft & Backyard Oasis in Heart of Lakeway! Welcome to 17 Casa Verde, a peaceful, tree-filled condominium retreat located in the highly sought-after heart of Lakeway. This spacious 1,784 sq. ft. home blends functional split-level living with a gorgeous, garden-like setting. Step inside to an updated kitchen boasting a bright, open-concept floor plan. The main living
Landing is a top-rated, fully furnished apartment network with thousands of homes across 250+ U.S. cities. With premium amenities, a mobile app to manage your stay, and 24/7 support. Our apartments have everything you need for monthly and longer stays. 6-Month+ Stay base rent: starts at $1695/mo 12-Month+ Stay base rent: starts at $1645/mo Landing's apartments at Falconhead are
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