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  • O'Hara & Company Real Estate
    15855 Mueschke Road
    Cypress, TX 77433
    (281) 373-3393
    ohara@oharasellstexas.com
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Lake Travis Hill Country Suburb

About Lakeway, TX

Welcome to Lakeway, a lakeside city on the south shore of Lake Travis that grew from a resort and second-home retreat into one of the Hill Country's most sought-after Austin suburbs.

Lakeway occupies the southern shore of Lake Travis in western Travis County, Texas, in the Hill Country about 25 miles west of downtown Austin. The city lies in the corridor framed by Ranch to Market Road 620, State Highway 71, and Bee Creek Road, placing it near the heart of the Lake Travis area while keeping downtown Austin within commuting range. The lake itself — a long, winding impoundment of the Colorado River and one of the Texas Highland Lakes — defines the community's geography, its recreation, and much of its identity. Lakeway's origins set it apart from most Austin suburbs. The community was founded as a retirement and second-home destination built around the lake, and for decades it functioned as a resort-style enclave of golfers, boaters, and seasonal residents. Over time, that base broadened as families were drawn by Lake Travis ISD's schools, the area's parks and trails, and the appeal of year-round lakeside living. The city today retains the polished, amenity-rich character of its origins while functioning as a full-time residential community. The city manages an unusually strong portfolio of public amenities for its size, with roughly 100 acres of parkland and trails and nearly 500 acres of greenbelts threaded through and around its neighborhoods. Golf courses, tennis facilities, a swim center, and marina access reflect the community's resort heritage, and Lake Travis itself remains the centerpiece of daily recreation. Lakeway appeals to households who want Hill Country scenery, lake access, and highly regarded schools without surrendering the convenience of Austin. Its residents range from longtime retirees to young families, and the area's blend of waterfront properties, gated golf-course communities, and established hillside neighborhoods gives the city a distinct, upscale suburban character on the edge of the Texas Hill Country.

Population 19,189
County Travis
Active Listings 301

Frequently Asked Questions

Where is Lakeway located?

Lakeway is in western Travis County, Texas, on the south shore of Lake Travis. The city lies about 25 miles west of downtown Austin, in the corridor framed by Ranch to Market Road 620 and State Highway 71.

What county is Lakeway in?

Lakeway is in Travis County, Texas, in the Texas Hill Country west of the state capital. Travis County is home to the city of Austin, which serves as both the county seat and the state capital, about 25 miles to the east of Lakeway.

What school district serves Lakeway?

Most of Lakeway is served by the Lake Travis Independent School District, which includes Lake Travis High School and several area elementary campuses. A few nearby neighborhoods are served by the Leander Independent School District instead.

What is Lake Travis?

Lake Travis is a reservoir on the Colorado River and one of the Texas Highland Lakes. It stretches for many miles through the Hill Country west of Austin and is the centerpiece of recreation in the Lakeway area.

How far is Lakeway from downtown Austin?

Lakeway is about 25 miles west of downtown Austin, reached via Ranch to Market Road 620, the 183 corridor, or State Highway 71. Commute times can lengthen at peak hours, a familiar trade-off for lakeside living.

City Guide

About Lakeway

Real Estate & Housing

Lakeway's housing reflects its evolution from lakeside resort to full-time suburb. The city holds a broad mix of established single-family homes on tree-covered hillside lots, golf-course and master-planned communities, and a significant stock of waterfront and lake-view properties along Lake Travis. Early construction favored second-home and retirement-oriented styles, while later phases added larger family homes and estate properties. Condominiums and townhomes cluster near the lake and resort amenities. Because much of the city is built into Hill Country terrain, lot sizes and setbacks vary widely from street to street, giving neighborhoods a varied, often wooded, low-density feel.

Neighborhoods

Lakeway's neighborhoods trace a progression from the lake outward. The original lakefront core, near the marina, resort, and the early golf courses, holds many of the city's waterfront homes and condominium properties. The Hills of Lakeway, a large master-planned golf community, occupies a prominent upland setting with its own course and amenities. Newer hillside and hilltop subdivisions, including the area around Serene Hills Elementary School, add family-oriented homes with Hill Country views. The result is a city of distinct districts — lakefront, golf-course, and hilltop — rather than a single uniform housing pattern.

Lifestyle in Lakeway

Lakeway pairs the leisure of lake life with the polish of a resort-founded community. Boating, fishing, paddleboarding, and lakeside entertaining set the recreational tone, while golf, tennis, swimming, and a network of trails round out the active lifestyle. The Lakeway Resort and Spa, a full-service hotel on the lake, anchors hospitality and events. Dining and shopping in Lakeway are convenient and locally oriented, with the broader offerings of Bee Cave, the Hill Country Galleria, and downtown Austin a short drive away. Community events, youth sports, and a strong parks program keep the city lively for families and retirees alike.

Schools & Education

Most of Lakeway falls within Lake Travis Independent School District, one of the Hill Country's most sought-after districts. Campuses serving the area include Lake Travis High School, Lakeway Elementary, and Serene Hills Elementary, among others, with some nearby neighborhoods served by Leander ISD. The district's reputation is a principal draw for families relocating to the Lake Travis area, and its schools are tightly woven into the community's identity. Private and preschool options add further choice for younger children.

Getting Around

Lakeway sits between Ranch to Market Road 620, which runs along the city's eastern edge toward Austin, and State Highway 71 to the south, the corridor leading to the Hill Country and toward Austin-Bergstrom International Airport. Commuters typically reach downtown Austin in about 25 miles via RM 620, the 183 corridor, or Highway 71. The area is car-dependent, and most residents drive to employment centers in Austin, Bee Cave, and the surrounding Hill Country. The city's position west of Austin means commutes can lengthen at peak hours, a familiar trade-off for lakeside living.

Parks & Recreation

Lake Travis is Lakeway's defining recreational asset — a long impoundment of the Colorado River and one of the Texas Highland Lakes, offering boating, water skiing, wake sports, and fishing across its many coves and channels. On land, the city maintains roughly 100 acres of parkland and trails plus nearly 500 acres of greenbelts, alongside golf at The Clubs at Lakeway and The Hills of Lakeway. The Lakeway Swim Center, tennis courts, and a skate park add year-round facilities. The surrounding Hill Country extends recreation further, with parks, wineries, and open space throughout the Lake Travis region.

MARKET SNAPSHOT

The Market at a Glance

How homes have been selling here over the last 90 days.

home_work New This Week 8
Went Under Contract 0
trending_down Price Reductions 0
payments Median Sale Price $720,000 -2.7%
square_foot Price per Sq Ft $296
schedule Avg Days on Market 79
sell Homes Sold 83
percent Sale-to-List Ratio 97.0%
inventory_2 Months of Inventory 5.3

Price & Sales History

Market data reflects closed sales over the last 90 days and is provided for informational purposes.

For sale

Houses in Lakeway, TX

Handpicked properties hitting the scene in your area.

1056 Hawk Gate Lane For Sale
$295,000
1056 Hawk Gate LaneKaty, TX 77493
  • 4 bd
  • 2 ba
  • 1688 sqft
  • Built 2026
  • 15998208
5815 Scenic Drive For Sale
$235,000
5815 Scenic DriveBeaumont, TX 77713
  • 3 bd
  • 2 ba
  • 1546 sqft
  • Built 1978
  • 70270723
118 Mill Trail Drive For Sale
$469,000
118 Mill Trail DriveSugar Land, TX 77498
  • 4 bd
  • 2.5 ba
  • 2522 sqft
  • Built 1987
  • 96758106
5205 Redbud Valley Drive For Sale
$393,290
5205 Redbud Valley DrivePearland, TX 77584
  • 4 bd
  • 3.5 ba
  • 2544 sqft
  • Built 2026
  • 85260241
165 April Cove For Sale
$279,000
165 April CoveMontgomery, TX 77356
  • 3 bd
  • 3 ba
  • 1927 sqft
  • Built 1998
  • 49383099
317 Palmer Street For Sale
$499,000
317 Palmer StreetHouston, TX 77003
  • 4 bd
  • 3.5 ba
  • 3212 sqft
  • Built 2026
  • 82683334
14 Carmel Chase Court For Rent
$3,000
14 Carmel Chase CourtManvel, TX 77578
  • 4 bd
  • 3 ba
  • 2542 sqft
  • Built 2007
  • 52693353
21546 Oak Park Trails Drive Coming Soon
$343,900
21546 Oak Park Trails DriveKaty, TX 77450
  • 3 bd
  • 2.5 ba
  • 2475 sqft
  • Built 2003
  • 79292713
600 Juniper Heights Lane For Sale
$472,990
600 Juniper Heights LaneWaller, TX 77484
  • 5 bd
  • 4.5 ba
  • 3603 sqft
  • Built 2026
  • 29678116
9031 Aspen Trace Lane For Rent
$2,200
9031 Aspen Trace LaneHumble, TX 77338
  • 4 bd
  • 2.5 ba
  • 2340 sqft
  • Built 2006
  • 2084275
2226 Altman Trail For Sale
$325,000
2226 Altman TrailHouston, TX 77014
  • 5 bd
  • 2.5 ba
  • 2887 sqft
  • Built 2018
  • 98557726
12035 Marlin Strait Drive For Sale
$393,390
12035 Marlin Strait DriveBaytown, TX 77523
  • 4 bd
  • 3.5 ba
  • 2544 sqft
  • Built 2026
  • 5399916

For sale

Townhomes in Lakeway, TX

Handpicked properties hitting the scene in your area.

10 Stone Creek Place For Rent
$2,200
10 Stone Creek PlaceThe Woodlands, TX 77382
  • 2 bd
  • 2 ba
  • 1137 sqft
  • Built 2002
  • 74632308
4746 3rd For Rent
$1,350
4746 3rdBacliff, TX 77518
  • 2 bd
  • 1.5 ba
  • 900 sqft
  • Built 2017
  • 57731267
1529 Wirt Road #60 For Sale
$129,000
1529 Wirt Road #60Houston, TX 77055
  • 2 bd
  • 1 ba
  • 840 sqft
  • Built 1962
  • 17978719
805 Dorothy Street #A Coming Soon
$4,100
805 Dorothy Street #AHouston, TX 77007
  • 3 bd
  • 2.5 ba
  • 2320 sqft
  • Built 2018
  • 94480126
4306 Foggy Creek Lane For Rent
$3,500
4306 Foggy Creek LaneSpring, TX 77386
  • 3 bd
  • 2.5 ba
  • 1932 sqft
  • Built 2019
  • 96169043
329 Fields Lane For Sale
$433,990
329 Fields LaneMontgomery, TX 77316
  • 3 bd
  • 2.5 ba
  • 2152 sqft
  • Built 2025
  • 53500863
8801 Hammerly Boulevard #1505 For Rent
$1,200
8801 Hammerly Boulevard #1505Houston, TX 77080
  • 1 bd
  • 1 ba
  • 680 sqft
  • Built 1980
  • 54050892
7818 Grove Ridge Drive For Sale
$79,000
7818 Grove Ridge DriveHouston, TX 77061
  • 2 bd
  • 1.5 ba
  • 1122 sqft
  • Built 1972
  • 98319797
4233 Dupont Street #A For Rent
$1,150
4233 Dupont Street #AHouston, TX 77021
  • 2 bd
  • 1 ba
  • 1805 sqft
  • Built 1930
  • 67854100
303 Gans Street #A For Rent
$1,250
303 Gans Street #AHouston, TX 77029
  • 3 bd
  • 1 ba
  • 960 sqft
  • Built 1998
  • 18051585
816 W 22nd Street For Rent
$3,250
816 W 22nd StreetHouston, TX 77008
  • 3 bd
  • 3.5 ba
  • 2023 sqft
  • Built 2018
  • 82423267
1905 Oakdale Street For Sale
$559,000
1905 Oakdale StreetHouston, TX 77004
  • 3 bd
  • 3.5 ba
  • 2510 sqft
  • Built 2018
  • 25778877

For sale

Condos in Lakeway, TX

Handpicked properties hitting the scene in your area.

3433 Westheimer Road #1404 For Sale
$3,600,000
3433 Westheimer Road #1404Houston, TX 77027
  • 4 bd
  • 4 ba
  • 3685 sqft
  • Built 1962
  • 18904310
3 Waterway Court #4E Coming Soon
$1,980,000
3 Waterway Court #4EThe Woodlands, TX 77380
  • 2 bd
  • 2.5 ba
  • 2184 sqft
  • Built 2004
  • 68625225
3525 Sage Road #513 Coming Soon
$159,000
3525 Sage Road #513Houston, TX 77056
  • 2 bd
  • 2 ba
  • 1221 sqft
  • Built 1985
  • 71177537
6649 Seacomber Drive #502 For Sale
$539,000
6649 Seacomber Drive #502Port Aransas, TX 78373
  • 2 bd
  • 2 ba
  • 1172 sqft
  • Built 1982
  • 26057910
1211 Caroline Street #1501 For Sale
$499,000
1211 Caroline Street #1501Houston, TX 77002
  • 2 bd
  • 2.5 ba
  • 1393 sqft
  • Built 2018
  • 85494004
3311 Yupon Street #605 For Sale
$334,934
3311 Yupon Street #605Houston, TX 77006
  • 2 bd
  • 2 ba
  • 1434 sqft
  • Built 2003
  • 73753794
2710 Steel Street #405 For Sale
$2,195,000
2710 Steel Street #405Houston, TX 77098
  • 2 bd
  • 2.5 ba
  • 2692 sqft
  • Built 2018
  • 82830973
2727 Kirby Drive #27J For Sale
$1,985,000
2727 Kirby Drive #27JHouston, TX 77098
  • 3 bd
  • 3.5 ba
  • 3063 sqft
  • Built 2008
  • 94374716
3311 Yupon Street #606 For Sale
$350,000
3311 Yupon Street #606Houston, TX 77006
  • 2 bd
  • 2 ba
  • 1434 sqft
  • Built 2003
  • 78787369
310 Padre Boulevard #1219 For Sale
$675,000
310 Padre Boulevard #1219South Padre Island, TX 78597
  • 2 bd
  • 2 ba
  • 1115 sqft
  • Built 1985
  • 86848276
1409 Post Oak Boulevard #2301 For Sale
$2,848,000
1409 Post Oak Boulevard #2301Houston, TX 77056
  • 3 bd
  • 3.5 ba
  • 3079 sqft
  • Built 2014
  • 67720963
5150 Hidalgo Street #1403 For Sale
$279,900
5150 Hidalgo Street #1403Houston, TX 77056
  • 2 bd
  • 2 ba
  • 1370 sqft
  • Built 1981
  • 29636553

Zip Codes

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01 home for saleMedian sale$295K1 sale in the last 90 days
000002 homes for saleMedian sale$370KPer sq ft$199 sales in the last 90 days
189341 home for saleMedian sale$700KPer sq ft$2741 sale in the last 90 days
306737 homes for saleMedian sale$192KPer sq ft$7814 sales in the last 90 days
349491 home for saleMedian sale$416.3KPer sq ft$35714 sales in the last 90 days
349501 home for saleMedian sale$180KPer sq ft$1547 sales in the last 90 days
716011 home for saleMedian sale$295K
716032 homes for saleMedian sale$125KPer sq ft$641 sale in the last 90 days
7163811 homes for saleMedian sale$295K
717015 homes for saleMedian sale$295K
717306 homes for saleMedian sale$295K
717533 homes for saleMedian sale$217.5KPer sq ft$1111 sale in the last 90 days
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Contact us

O'Hara & Company Real Estate

(281) 373-3393

ohara@oharasellstexas.com

O'Hara & Company Real Estate

15855 Mueschke Road Cypress, TX 77433

  • (281) 373-3393
  • ohara@oharasellstexas.com