$2,550,000
$245K PRICE DROP

1005 Challenger Lakeway, TX 78734

Lakeway Area

Estimated payment $16,907/month

Total Views 3,344
5 Beds
4.5 Baths
4,172 Sq Ft
$611 Price per Sq Ft

Highlights

  • Airport or Runway
  • Boathouse
  • Private Dock
  • Serene Hills Elementary School Rated A-
  • Lake Front
  • Marina View

About This Home

Your next chapter could start right here on the lake! With Lake Travis full & the water at your backyard, 1005 Challenger offers the unique opportunity to make lake living part of everyday life. Whether you’re looking for a full-time home, a weekend escape, or a place where family & friends can gather, this thoughtfully renovated & expanded close-in Lakeway home offers 5 bedrooms, 4.5 baths, and a flexible layout designed for life at the lake. While it may feel like a true lake escape, you’re only about 8 minutes from the heart of Lakeway + FM 620. Morning coffee overlooking Lake Travis. Walls of updated windows capture expansive Lake Travis views, while the open-concept living area features a fireplace and opens to a large covered balcony overlooking the water. The gourmet kitchen shares those beautiful views & features a large granite island, a built-in stainless-steel refrigerator, Viking gas range, dual ovens, Bosch dishwasher & a bar with built-in ice maker + sink. The lake-view primary suite features hardwood floors & a spa-like bath with a jetted tub, separate walk-in shower & dual walk-in closets. The practical floor plan allows for comfortable main-level living, while the lower level provides plenty of space for family & guests. An oversized en-suite bedroom with built-ins offers options as a large home office or flex space. Outside, an upgraded private tram takes you right to your 2022-built covered boat dock with a high-end HydroHoist boat lift, boat slip, storage closet, and generous entertaining space. The no-wake area offers a more relaxed setting for docking, floating, fishing & fun. A 2-car garage & abundant parking make hosting easy. For golf enthusiasts-- multiple public & private courses are nearby. Afternoons on the boat. A round of golf. Sunset dinners on the balcony. Weekends when everyone has a reason to come together. If you’ve been waiting for the right time to start your next chapter at the lake, 1005 Challenger is the place to begin it.

Listing Agent

Allison Olson

Moreland Properties Brokerage Phone: (512) 480-0848 License #0541815 Listed on: 06/18/2026

Moreland Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,116

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • 26,040 Sq Ft Lot
  • Lot Dimensions are 61 x 270 x 127 x 280
  • Lake Front
  • Southeast Facing Home
  • Private Entrance
  • Wrought Iron Fence
  • Front Yard Fenced and Back Yard
  • Landscaped
  • Native Plants
  • Lot Sloped Down
  • Front Yard Sprinklers
  • Mature Trees
  • Wooded Lot
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Multiple Garage Doors
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Additional Parking
  • Off-Street Parking

Property Views

  • Marina
  • Lake
  • Hills

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Masonry Siding
  • Stone Siding

Interior Spaces

  • 4,172 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Built-In Features
  • Bookcases
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Chandelier
  • Wood Burning Fireplace
  • Raised Hearth
  • Double Pane Windows
  • Plantation Shutters
  • Window Screens
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Multiple Living Areas
  • Dining Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • Bosch Dishwasher
  • ENERGY STAR Qualified Dishwasher
  • Viking Appliances
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Home Security

  • Security System Owned
  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • Boat Lift
  • Boat Slip
  • Boathouse
  • Private Dock
  • Lake Privileges
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near golf course
  • Suburban Location

Schools

  • Serene Hills Elementary School
  • Hudson Bend Middle School
  • Lake Travis High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Propane
  • Municipal Utilities District Water
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01437802010000

Community Details

Overview

  • No Home Owners Association
  • Lakeway Subdivision
  • Community Lake

Amenities

  • Airport or Runway

Recreation

  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,116

Year Built

Built in 1982 | Remodeled

Lot Details

0.6 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1982
  • Additional Parcels: No
  • Direction Faces: Southeast
  • Directions: Take RM 620 North toward Lakeway. Turn left onto Lohmans Crossing Road. Stay on Lohmans Crossing as it winds through Lakeway. Lohmans Crossing eventually becomes Challenger in the lakefront section of Lakeway. Continue to 1005 Challenger, which will be on the lakeside (left) of the street.
  • Disclosures: Seller Disclosure
  • Fencing: Front Yard, Wrought Iron
  • Fireplaces: 2
  • Garage Spaces: 2
  • Green Energy Efficient: Appliances
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 4172
  • Other Structures: Boat House, Storage
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 480-0848
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 15875.00
  • FEMA Flood Plain: Yes-100 yr
  • Current Price Lot Size Squ: 97.93
  • Current Price By Living Ar: 611.22
  • Current Price By Original : 0.91
  • List Price Lot Size Square: 97.93
  • List Price By Living Area: 611.22
  • List Price By Original Lis: 0.91
  • Restrictions: City Restrictions,Deed Restrictions
  • Tax Exemptions: Homestead,Over 65
  • ACT_HomeOfficeYN: 0
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: See Remarks, Bar, Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Ceiling-High, Ceiling-Vaulted, Chandelier, Granite Counters, Double Vanity, Eat-in Kitchen, Entrance Foyer, In-Law Floorplan, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Two Primary Closets, Walk-In Closet(s), Wet Bar, Wired for Sound
  • View: Hill Country, Lake, Marina
  • Flooring: Carpet, Stone, Wood
  • Fireplace Features: Living Room, Primary Bedroom, Raised Hearth, Wood Burning
  • Accessibility Features: None
  • Appliances: See Remarks, Built-In Electric Oven, Built-In Refrigerator, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Gas Cooktop, Gas Range, Ice Maker, Microwave, Oven, Electric Oven, Gas Oven, Double Oven, Plumbed For Ice Maker, Range, RNGHD, Refrigerator, Stainless Steel Appliance(s), Trash Compactor, Vented Exhaust Fan, Electric Water Heater
  • Main Level Bedrooms: 1
  • Property Condition: Updated/Remodeled
  • Security Features: Security Lights, Security System, Security System Owned, Smoke Detector(s)
  • Spa Features: None
  • Window Features: See Remarks, Double Pane Windows, Plantation Shutters, Screens, Shutters, Skylight(s), Window Coverings, Window Treatments
  • Laundry Location: Inside,Laundry Room,Main Level

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Balcony, Boat Dock - Private, Boat Lift, Boat Slip, Exterior Steps, Gutters Full, Lighting, Private Entrance, Private Yard
  • Roof: Composition, Shingle
  • Foundation: Slab
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Side Porch
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Lake Travis
  • Waterfront Features: Lake Front, Lake Privileges, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Additional Parking, Attached, Door-Multi, Driveway, Garage, Garage Door Opener, Garage Faces Side, Guest, Kitchen Level, Off Street, Parking Pad, Paved, Private
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Propane, Sewer Connected, Water Connected
  • Heating: Central, Electric, Heat Pump
  • Water Source: MUD
  • Cooling: Ceiling Fan(s), Central Air, Electric

Association/Amenities

  • Association: No
  • Community Features: General Aircraft Airport, Lake, Park, Suburban, Trail(s)

Schools

  • Elementary School: Serene Hills
  • High School: Lake Travis
  • Middle/Junior School: Hudson Bend
  • Junior High Dist: Lake Travis ISD

Lot Info

  • Lot Features: See Remarks, Back Yard, Front Yard, Gentle Sloping, Landscaped, Native Plants, Near Golf Course, Public Maintained Road, Sloped Down, Sprinkler - Automatic, Sprinklers In Front, Sprinkler - Partial, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft), Views
  • Lot Size: 61 x 270 x 127 x 280
  • Parcel Number: 01437802010000
  • Lot Size Acres: 0.5978
  • Lot Size Sq Ft: 26040.17
  • Subdivision Name: Lakeway

Building Info

  • Construction Materials: Masonry – Partial, Wood Siding, Stone, Stone Veneer
  • New Construction: No

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 30116.19
  • Tax Filled Sqft Total: 4382
  • Tax Rate: 1.79360700000000

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,875 $1,526,441
2023 $21,528 $1,261,522 $0 $0
2022 $21,156 $1,146,838 $0 $0
2021 $20,370 $1,042,580 $549,450 $604,150
2020 $19,685 $947,800 $449,550 $498,250
2018 $21,151 $980,118 $449,550 $530,568
2017 $19,709 $911,185 $449,550 $461,635
2016 $20,245 $935,964 $449,550 $486,414
2015 $15,093 $931,252 $449,550 $481,702
2014 $15,093 $896,000 $449,550 $446,450
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/28/2026 08/28/26 Price Changed $2,550,000 -8.8% $611 / Sq Ft
06/18/2026 06/18/26 For Sale $2,795,000 -- $670 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Calatlantic Title Inc
Interfamily Deed Transfer -- None Available
Special Warranty Deed -- Heritage Title
Warranty Deed -- Texas Professional Title Inc
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5859832

Unlock MLS (Austin Board of REALTORS®)

APN: 144380

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