1012 Sailmaster St, Lakeway, TX 78734

Sitting on an oversized lot in one of Lakeway’s best locations, this custom single-story home has a lot to offer—but it’s the details and backyard setting that truly make it stand out. Inside, the open floor plan feels spacious right away, with 12 to 13-foot ceilings, plantation shutters, wood floors, and travertine tile throughout. Arched openings and custom recessed and accent lighting give the home character, while the layout keeps everything feeling open and connected. The kitchen opens directly into the main living spaces where everyone gathers, featuring custom cabinetry, granite countertops, stainless steel appliances, a center island, and a wraparound breakfast bar—perfect for catching up or grabbing a quick snack. Out back is where this home really changes the mood. The covered patio sets the stage for a backyard that feels anything but ordinary, with a custom double waterfall and stream, lush landscaping, outdoor accent lighting, and mature oak trees that make the entire space feel secluded and serene. A screened-in patio provides a comfortable place to enjoy it all, while an additional patio with a fireplace adds even more to the setting. Perfectly positioned in the heart of Lakeway, this home offers unmatched access to the community’s most beloved amenities and year-round events. Right across the street are Café Lago and City Hall, placing you at the center of local gatherings—from the Christmas Trail of Lights to the 4th of July parade. Moments from the Hamilton Greenbelt and Lakeway Activity Center, this home offers effortless access to scenic trails, fitness, and premier recreation—including marinas, parks, pools, golf, pickleball, tennis, swimming, and volleyball—all within the award-winning Lake Travis ISD. Custom features, a truly standout backyard, and a location that puts so much within reach—this home brings together the very best of Lakeway living.

The backyard at 1012 Sailmaster Street in Lakeway is where this 2,851 square foot home comes alive, complete with a custom double waterfall and stream that turns a routine afternoon into something memorable. The covered patio flows into mature oak trees so thick they create an instant retreat, while the screened-in patio and fireplace patio give you options for every season and every gathering. At $875,000 ($307 per square foot), you're buying 0.34 acres of landscape design that neighborhood kids will actually want to play in.

The backyard setup reads like a custom outdoor living blueprint. Heavy tree coverage means natural shade for summer cookouts without constant upkeep, while the automatic sprinkler system handles the xeriscape and landscaping so you can focus on grilling. The waterfall feature isn't decorative filler - it's the centerpiece that turns a standard lot into something guests remember. A single story layout on the main floor means you're never far from the action, whether you're flipping burgers at the kitchen island or watching kids play from the patio.

Inside supports the lifestyle. The open floor plan with 12 to 13-foot ceilings keeps sightlines clear from the granite kitchen to the living spaces. Wood floors and travertine tile throughout mean easy cleanup from outdoor traffic. The stainless steel appliances, custom cabinetry, and wraparound breakfast bar handle the cooking part, while the layout keeps the cook part of the equation social, not isolated.

Location matters too. You're sitting across from Café Lago and City Hall in the heart of Lakeway, meaning the Christmas Trail of Lights and 4th of July parade are steps away. The Hamilton Greenbelt and Lakeway Activity Center are moments from your driveway - trails, pools, pickleball courts, and marinas all within arm's reach. Lake Travis ISD schools include Serene Hills Elementary, Hudson Bend Middle, and Lake Travis High.

Built in 2007, the custom masonry, stone veneer, and stucco construction has aged well. The home is wired for sound, has recessed lighting throughout, crown molding, and no interior steps - everything designed for easy entertaining. The two-car garage and landscaped front and back yards complete the picture.

This is a house built for the kind of Lakeway life where your backyard becomes the neighborhood gathering spot and you're never reaching for reasons to spend time outside.

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.