$899,000
NEW CONSTRUCTION

8 Lakeway Centre Ct Lakeway, TX 78734

Estimated payment $5,829/month

Total Views 90
1 Acres
$898,102 Price per Acre
43,604 Sq Ft Lot

Highlights

  • 1 Acre Lot
  • View of Hills
  • Cul-De-Sac
  • Lakeway Elementary School Rated A-
  • Community Lake
  • High Speed Internet

About This Lot

Seize the opportunity to own one or both of the last two premium 1-acre commercial lots on Lake Center Drive in the heart of Lakeway, Texas. These prime lots, available together or separately, are ideally situated in a high-visibility location, perfect for developing a Class A office building, medical facility, or luxury spa service. The gentle topography, seamlessly blending into the iconic Texas Hill Country, offers a unique chance to design and build with stunning hill country views in mind. The lots support multi-story development with the potential for below-ground parking, optimizing the breathtaking vistas and enhancing property functionality.

Location Highlights

Located in Lakeway, Texas, a thriving resort community 25 miles northwest of downtown Austin along the scenic south shore of Lake Travis, these lots benefit from the area’s affluent demographic and vibrant economic landscape. Lakeway combines suburban charm with proximity to Austin’s urban amenities, making it a magnet for professionals, families, and businesses. The lots on Lake Center Drive are positioned to capture high foot traffic and visibility, ideal for businesses catering to Lakeway’s upscale, educated population.

Development Potential

These 1-acre lots are zoned for commercial use, offering flexibility for a range of high-value projects:
Class A Office Space: Ideal for professional firms seeking premium office environments to serve Lakeway’s affluent and educated clientele.
Medical Facility: Perfect for healthcare providers, given the community’s wealth and demand for high-quality medical services.
Luxury Spa Service: A prime location for wellness and spa businesses catering to Lakeway’s upscale, lifestyle-driven residents. The lots’ gentle topography supports innovative architectural designs that embrace the Hill Country aesthetic, with the potential for multi-story buildings featuring below-ground parking to maximize scenic views of the surrounding landscape.

Listing Agent

Christopher Shaffer

Compass RE Texas, LLC Brokerage Phone: 512-522-5038 License #0741385 Listed on: 08/10/2025

Compass RE Texas, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,161

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • 01337005340000

Home Design

  • Home to be built

Schools

  • Lakeway Elementary School
  • Hudson Bend Middle School
  • Lake Travis High School

Utilities

  • Municipal Utilities District Sewer
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Views of Hills
  • City Lot

Community Details

  • Lakeway Centre Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 01337005350000

Property Details

Property Type

Land

Est. Annual Taxes

$11,161

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Multiple Lots (Adjacent)
  • Additional Parcels Description: 01337005340000
  • Additional Parcels: Yes
  • Directions: Easy to Find! RR 620 to Lakeway Centre Ct. At back of court.
  • Disclosures: See Remarks
  • Other Structures: None
  • Road Surface Type: Curb/Gutter, PVD
  • Special Listing Conditions: Standard
  • Attribution Contact: 512-522-5038
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 11161.00
  • FEMA Flood Plain: No
  • Restrictions: City Restrictions,Development Type
  • Tax Exemptions: None
  • Mineral: None
  • Special Features: None

Interior Features

  • View: Hill Country
  • Property Condition: To Be Built

Exterior Features

  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: MUD
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Sewer Available, Water Available
  • Water Source: Public

Association/Amenities

  • Community Features: Lake, Sidewalks

Schools

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

Lot Info

  • Lot Features: City Lot, Cleared, Cul-De-Sac, Curbs, Level
  • Topography: Sharp drop off at roadway, then level to back of lot.
  • Zoning: C1 Office - Professiona
  • Parcel Number: 01337005350000
  • Lot Size Acres: 1.001
  • Lot Size Sq Ft: 43603.56
  • Subdivision Name: Lakeway Centre

Building Info

  • New Construction: No

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 11161
  • Tax Map Number: 6
  • Tax Rate: 2.13297000000000

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $9,516 $523,248 $523,248 --
2023 $9,208 $523,248 $523,248 $0
2022 $9,937 $523,248 $523,248 $0
2021 $10,520 $523,248 $523,248 $0
2020 $11,181 $523,248 $523,248 $0
2018 $9,671 $436,040 $436,040 $0
2017 $9,693 $436,040 $436,040 $0
2016 $5,331 $239,820 $239,820 $0
2015 $2,880 $239,820 $239,820 $0
2014 $2,880 $124,271 $124,271 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2025 08/10/25 For Sale $899,000 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed -- Independence Title
Vendors Lien -- --
Warranty Deed -- Gracy Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $659,200 New Conventional
Previous Owner $140,000 Unknown
Previous Owner $150,500 Purchase Money Mortgage
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6970014

Unlock MLS (Austin Board of REALTORS®)

APN: 423263