4 bed, 3 bath, 4,468 sqft on 1.02 acres in Lakeway. Lakeway, TX 78734. $1,499,950. Lake Travis ISD.
About This Home
Experience the pinnacle of Hill Country elegance in this stunning single story home situated on an One Acre corner lot within the prestigious Gated community of Arbolago. 4,468 SF per Floor Plan Graphics. This elegant home epitomizes luxury and elegance, showcasing exceptional craftsmanship and amazing attention to detail. As you enter through an impressive custom designed front door, you're greeted by detailed stone work & exquisite flooring. Living area offers a relaxing stone fireplace & coffered ceiling. Family room adorned w/ wall of large windows and abundant natural light seamlessly connects to the kitchen and breakfast room ideal for entertaining friends and enjoying family gatherings. Experience quiet dinners by the majestic stone fireplace with easy access to spacious covered decks. Enjoy outdoor dining, entertaining or just relaxing with views of the tree-lined backyard. The chef's kitchen is a culinary dream boasting double ovens, elegant granite countertops, propane cooktop and a convenient breakfast bar for casual dining. Dining room is currently being used as a sitting area. Impressive Dedicated office with rich wood built-ins and glass panel French doors. Expansive primary suite with sitting area and views of the backyard is a great place to sip on morning coffee or a quiet space for reading. Walk into a luxurious spa-like primary bath for complete relaxation. Three large Primary closets with built-ins. Secondary bedrooms have large walk-in closets. En-suite bedroom provides welcoming retreat for guests, ensuring comfort and privacy. Spacious backyard with endless options for outdoor entertaining. Room for a Pool. 3 Car oversized garage w/ epoxy flooring. Residents enjoy a private HOA park with water access, picnic area and sports court. Come experience unparalleled luxury and the best of Hill Country living in this incredible home. Close to Lakeway and Hill Country Galleria. Lake Travis ISD.
A true one-acre single-story offering in gated Lakeway is hard to replace in Lakeway, and 101 Arroyo Claro puts 4,468 square feet on a 1.025-acre corner lot at $375 per square foot. Built in 2004 and listed at $1.68M, the house sits in a part of the market where land size, privacy, and usable interior scale matter more than headline square footage alone. The one-story layout is a real differentiator for buyers who want long-term livability without giving up entertaining space, and the oversized three-car garage adds practical storage and vehicle capacity that many homes in this price range still miss. With only 2 days on market, this is fresh inventory in a gated Lakeway setting, and it falls within Lake Travis ISD.
Inside, the plan is built around shared gathering space and separation where it counts. A family room with a wall of large windows opens to the kitchen and breakfast area, while a separate living area and a dedicated office with wood built-ins and glass-panel French doors give the home multiple zones for work, conversation, and everyday use. The kitchen is equipped with double ovens, a propane cooktop, granite counters, and a breakfast bar, which reads as functional rather than decorative. Quiet dining and outdoor entertaining are supported by covered decks and direct access to the backyard, and the lot size leaves room for a pool without forcing the outdoor footprint to feel compressed.
The bedroom configuration also tracks with what buyers actually ask for at this level. The primary suite includes a sitting area, a large bath, and three closets with built-ins, which is a meaningful storage advantage rather than a throwaway feature. Secondary bedrooms have walk-in closets, and an en-suite bedroom creates a useful guest or multigenerational option. The private HOA park with water access, picnic area, and sports court adds neighborhood utility, while proximity to Lakeway and the Hill Country Galleria strengthens day-to-day convenience without changing the low-density feel of the property itself. For buyers focused on acreage, gated positioning, and a single-story plan with room to adapt over time, this is the kind of Lakeway property that stays relevant.
The numbers behind this insight
- Offered at
- $1,499,950
- Listed
- February 16, 2026
- Price changes
- 3, down 10.5% from $1,675,000
- Asking price per sq ft
- $336
Lakeway market
- Homes sold
- 369
- Median sale price
- $850,000
- Median price per sq ft
- $287
- Median days on market
- 48
- Homes for sale now
- 131
- Months of supply
- 4.3
Lakeway is the only city in the Austin metro where you can step off an 18th green, drive three minutes to a full-service marina, and be on the water before your golf shoes are off. That combination of golf and lake access within a single small city defines the lifestyle and explains why the community has attracted a specific kind of buyer for more than 50 years - people who want resort-quality recreation woven into daily routine rather than saved for vacation.
Lakeway sits on the south shore of Lake Travis, about 20 miles west of downtown along Highway 71 and Ranch Road 620. The drive downtown takes 25 to 35 minutes depending on traffic at the 620/2222 interchange. The 620 corridor runs through the commercial district with H-E-B, medical offices, and growing restaurant and retail options. Bee Cave and Hill Country Galleria sit just south on 71, adding another tier of shopping within 10 minutes. The marina community gives waterfront access ranging from personal watercraft to full-size wakeboarding boats.
Hill Country Contemporary homes make up about 30% of inventory, featuring limestone, metal roofing, and expansive glass. Mediterranean designs account for 25%, popular in gated and golf course sections. Traditional Ranch homes represent 20%, concentrated in older sections near the original resort. The rest splits between Modern Farmhouse and custom contemporary on ridgeline lots. Lot sizes range from 8,000 square feet in townhome sections to full-acre spreads in Rough Hollow. Pricing starts in the low $500s for older condos, runs through $700,000 to $1.2 million for standard single-family, and reaches $3 million for waterfront or golf-front custom properties.
Lake Travis ISD serves Lakeway and consistently draws families relocating from central Austin. Lakeway Elementary and Serene Hills Elementary feed into Hudson Bend Middle School and Lake Travis High School. Lake Travis High competes at 6A across Texas athletics with a strong football tradition alongside solid academics and fine arts. District facilities are newer than most Austin ISD campuses, and per-student spending is competitive with Eanes ISD at a lower tax rate.
The daily rhythm follows the lake and golf courses. Morning fog on Lake Travis burns off by 9 AM, and early risers are already on the water - kayaking coves, fishing bluffs, or running ski boats before afternoon wind. Lakeway Resort and Spa offers pool and fitness facilities, and Flintrock Falls Golf Club provides a Hill Country course. The Canyonlands trail system and Mount Lakeway trail offer hill hiking with lake views. Hamilton Greenbelt provides a shaded creek walk. For dining, The Grove Wine Bar anchors the upscale casual tier. SP Brazilian Steakhouse brings the full churrasco experience. Canyon Grille does American fare in a golf course setting. The Gramercy adds a polished New American option. MorninGlory handles breakfast with the consistency that turns a restaurant into a weekend ritual.
Lakeway is more developed than Jonestown and Lago Vista to the north, which offer lower prices but less infrastructure. It is less expensive than waterfront estates in Point Venture. And it provides a more recreational lifestyle than Bee Cave, which has better highway access but less lake connection. The main consideration is the 620 corridor, which can slow to a crawl during peak hours.
Lakeway works for buyers who want lake and golf access as a daily reality. It fits retirees with flexibility to enjoy the water on quiet weekday mornings. It suits families who value Lake Travis ISD and want kids growing up on the water. It works for remote workers who can schedule around the commute. If you need to be downtown every day by 8, the commute will wear on you. But if your priorities are outdoor recreation, strong schools, and a pace a few beats slower than central Austin, Lakeway makes a compelling case.
School District: Lake Travis ISD
View Lakeway neighborhood guide- Property Type
- Residential
- Year Built
- 2004
- Lot Size
- 1.02 acres
- Price / Sq Ft
- $336
- HOA
- $200/mo
- Garage
- 3 spaces
Listing information last updated October 16, 2026.
Listed by Keller Williams - Lake Travis
MLS# 5262364 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Built-in Features
- Breakfast Bar
- Ceiling Fan(s)
- Coffered Ceiling(s)
- Crown Molding
- Entrance Foyer
- Granite Counters
- Ceiling-High
- Kitchen Island
- Recessed Lighting
- Primary Bedroom on Main
- No Interior Steps
- Open Floorplan
- Pantry
- Walk-In Closet(s)
- Bookcases
- Multiple Living Areas
- Multiple Dining Areas
- Study
- Home Office
- Built-In Oven(s)
- Built-In Refrigerator
- Dishwasher
- Disposal
- Microwave
- Double Oven
- Propane Cooktop
- Stainless Steel Appliance(s)
- Water Heater
- Carpet
- Stone
- Heating
- Fireplace(s),Propane
- Cooling
- Ceiling Fan(s),Central Air,Electric
- Fireplaces
- 1
Exterior & Lot
- Exterior Steps
- Masonry – All Sides
- Stone Veneer
- Corner Lot
- Interior Lot
- Landscaped
- Level
- Sprinkler - Automatic
- Many Trees
- Back Yard
- Stone
- Wrought Iron
- Slab
- Covered
- Patio
- Roof
- Concrete,Tile
- Lot Size
- 1.02 Acres
- Attached
- Door-Multi
- Driveway
- Garage Door Opener
- Garage Faces Side
- Oversized
- Garage Spaces
- 3
Financial
- HOA Fee
- $200 / mo
- Original List Price
- $1,675,000
- Price per Sq Ft
- $336
Utilities
- Electricity Connected
- Propane
- Water Connected
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 101 Arroyo Claro, whoever represented it.
- ActiveListed 2026Current price: $1,499,950Original list: $1,675,000MLS 5262364
- Price changed · May 1, 2026$1,649,000
- Price changed · July 6, 2026$1,549,000
- Price changed · September 21, 2026$1,499,950
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $1,499,950
- Original list
- $1,675,000
- Price movement
- $175.1K reduction
- Listed / DOM
- Feb 16, 2026 · 261 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,543,581
- Assessment Year
- 2025
- Year Built
- 2004
- Parcel ID
- 000000474851
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-8.2% | — | $1,543,581 | — | — |
2024-15.4% | — | $1,681,733 | $325,000 | $1,180,001 |
2023+104.5% | — | $1,988,176 | $160,000 | $1,521,733 |
2022 | — | $972,193 | $160,000 | $1,828,176 |
Virtual Tour

Zoned Schools
Lake Travis
Hudson Bend
Lakeway
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-16T16:03:16.164+00:00; normalized from monthly dues.
Illustrative down payment
20% ($300K)
Adjustable assumption - not a lending recommendation.
Home price
$1,499,950
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Lakeway pricing, timing, and property scale. No automated valuation claim.
List price
$1,499,950
Price per sqft
$336/sqft
Vs. Neighborhood guide reference price
+76.5%
$850K · Lakeway neighborhood guide · reference price
Days on market
261 days
Original to current
$175.1K reduction
$1.7M original
Active inventory context
131 listings
Price Position in Lakeway
Listed 76% above the Lakeway neighborhood guide reference price. Lakeway neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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