Skip to content
Keenan Group#1 Austin Board of Realtors Team 2024
109 Schooner DR, photo 1 of 39, Hills of Lakeway, Lakeway, TX
Active Under Contract
Virtual Tour

$619,000

3Beds
2Baths
2,025Sq Ft
0.31 acresLot
Active Under Contract

109 Schooner Dr, Lakeway, TX 78738

Hills of Lakeway·MLS# 2901028·Built 1988

3 bed, 2 bath, 2,025 sqft on 0.31 acres in Hills of Lakeway. Lakeway, TX 78738. $619,000. Lake Travis ISD.

About This Home

Single-story living in old Lakeway, set on a level 0.31-acre homesite with no neighbors directly behind and generous space between homes — a combination that is increasingly hard to find this close to Lake Travis. Positioned on a quiet street near the World of Tennis, the Lakeway golf clubs, and Serene Hills Elementary, 109 Schooner Drive pairs an established, low-density neighborhood with the room to make a home your own. A covered front porch with cedar posts and Austin stone sets the tone, opening to a cathedral ceiling that lifts the main living area, where a floor-to-ceiling white stone, wood-burning fireplace sits framed by tall arched windows, a built-in dry bar makes entertaining easy, and new wood-look luxury vinyl plank flooring runs throughout. The open island kitchen offers tile counters, a downdraft electric cooktop, a built-in oven and microwave, a stainless steel refrigerator, and an eat-in space that connects to both the dining room and a second living area — two distinct places to gather. The main-level primary suite carries a tray ceiling, private patio access, a walk-in closet, and a granite double-vanity bath with a separate shower and soaking tub. Two additional bedrooms and a versatile flex space round out a 3-bedroom, 2-bath layout that lives large, and fresh paint, new carpet, and updated lighting have the home ready today. Outside is where the lot earns its keep: a wide, level backyard edged by mature oaks and stone retaining walls, a covered patio and a wood deck for unhurried Hill Country evenings, and enough open ground to add a future pool, sport court, or pickleball court. A durable metal roof, public sewer connection, a low 1.85 tax rate, and no HOA make ownership refreshingly simple. All of it falls within Lake Travis ISD, minutes from the marinas, waterfront dining, and lake recreation that define everyday life on Lake Travis. Schedule a private showing to walk the lot and see what single-story living in Lakeway can be.

Property Type
Residential
Year Built
1988
Lot Size
0.31 acres
Price / Sq Ft
$306
Garage
2 spaces

Listing information last updated October 3, 2026.

Listed by eXp Realty, LLC

MLS# 2901028 • Active Under Contract

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

2-car garage with additional parking capacity
Generous 0.31-acre lot
Built-in Features
Ceiling Fan(s)
Cathedral Ceiling(s)
Ceiling-High

Facts & Features

Interior

Features

  • Built-in Features
  • Ceiling Fan(s)
  • Cathedral Ceiling(s)
  • Ceiling-High
  • Tray Ceiling(s)
  • Chandelier
  • Granite Counters
  • Tile Counters
  • Double Vanity
  • Eat-in Kitchen
  • High Speed Internet
  • Multiple Living Areas
  • Open Floorplan
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Wired for Data

Appliances

  • Built-In Electric Oven
  • Dishwasher
  • Disposal
  • Down Draft
  • Electric Cooktop
  • Microwave
  • Free-Standing Refrigerator
  • Electric Water Heater

Flooring

  • Carpet
  • Tile
  • Vinyl
Heating
Central,Electric
Cooling
Central Air,Electric
Fireplaces
1
Exterior & Lot

Features

  • Private Yard

Construction

  • Cedar
  • Concrete
  • Frame
  • Glass
  • Attic
  • Crawl Hatchway(s) Insulated
  • Wood Siding
  • Stone

Lot Features

  • Back Yard
  • Close to Clubhouse
  • Front Yard
  • Interior Lot
  • Landscaped
  • Level
  • Near Golf Course
  • Sprinkler - Automatic
  • Trees-Moderate

Fencing

  • Fenced
  • Partial
  • Perimeter

Foundation

  • Slab

Patio / Porch

  • Covered
  • Front Porch
  • Patio
  • Rear Porch
Roof
Metal
Lot Size
0.31 Acres

Parking

  • Aggregate
  • Attached
  • Door-Single
  • Driveway
  • Garage
  • Garage Door Opener
  • Garage Faces Side
  • Inside Entrance
  • Kitchen Level
  • Oversized
Garage Spaces
2
Financial
Original List Price
$619,000
Price per Sq Ft
$306
Utilities
  • Cable Connected
  • Electricity Connected
  • High Speed Internet
  • Natural Gas Not Available
  • Phone Available
  • Sewer Connected
  • Underground Utilities
  • Water Connected
Water Source
Public
Sewer
Public Sewer

Transaction History

1 record on file

Every recorded listing, sale, and lease at 109 Schooner DR, whoever represented it.

  1. Active Under ContractListed 2026
    Current price: $619,000Original list: $619,000MLS 2901028
    1. Listed · July 31, 2026$619,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Explore this area

Price & Listing History

Active Under Contract with current price, original ask, and market time.

View Timeline
Current list
$619,000
Original list
$619,000
Price movement
No verified reduction
Listed / DOM
Jul 31, 2026 · 56 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$640,970
Assessment Year
2025
Year Built
1988
Parcel ID
000000135495
$720K
$422K
$422,306
2021
$450,422
+6.7% from prev
2022
$720,355
+59.9% from prev
2023
$607,000
-15.7% from prev
2024
$640,970
+5.6% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025+5.6%
—$640,970——
2024-15.7%
—$607,000$200,000$485,000
2023+59.9%
—$720,355$200,000$504,589
2022+6.7%
—$450,422$200,000$520,355
2021
—$422,306$90,000$360,422
5-Year Change51.8%

Virtual Tour

Virtual tour of 109 Schooner Dr
Map showing 109 Schooner DR
109 Schooner DR
Directions

Zoned Schools

Lake Travis ISD →

1 High School1 Middle School1 Elementary School

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.

Principal & interest
$3,429

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($124K)

Adjustable assumption - not a lending recommendation.

$619,000

Loan: $495K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
Get Pre-Qualified

Luxury property intelligence

Keenan Market Position

A sourced read on Hills of Lakeway pricing, timing, and property scale. No automated valuation claim.

List price

$619,000

Price per sqft

$306/sqft

Vs. Neighborhood guide reference price

-34.8%

$950K · Hills of Lakeway neighborhood guide · reference price

Days on market

56 days

Original to current

No verified reduction

$619K original

Active inventory context

14 listings

Price Position in Hills of Lakeway

Neighborhood guide reference price $950KThis home $619K

Listed 35% below the Hills of Lakeway neighborhood guide reference price. Hills of Lakeway neighborhood guide · reference price.

Seller's Market - 14 active listings, 56 days on market

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.

Request Private Market Analysis

More sales nearby

Homes sold by Keenan Group.

Verified property facts

Frequently Asked Questions

How much is 109 Schooner Dr?

109 Schooner Dr is listed at $619,000 with 3 bedrooms, 2 full bathrooms, 2,025 square feet, 0.31-acre lot.

What school district is 109 Schooner Dr in?

109 Schooner Dr is zoned for Lake Travis ISD with assigned schools: Serene Hills (elementary), Hudson Bend (middle), Lake Travis (high). School assignments should be verified directly with the district.

What are the property details for 109 Schooner Dr?

109 Schooner Dr is a Residential built in 1988 featuring 3 bedrooms, 2 full bathrooms, 2,025 square feet, 0.31-acre lot.

What is the price per square foot at 109 Schooner Dr?

109 Schooner Dr is priced at $306 per square foot across 2,025 sqft. The Hills of Lakeway neighborhood guide reference price is $950,000 (Hills of Lakeway neighborhood guide · reference price).

What are the property taxes for 109 Schooner Dr?

The most recent annual property tax for 109 Schooner Dr is $13,369. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 109 Schooner Dr?

This page does not assume a mortgage rate or publish a monthly payment for 109 Schooner Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 109 Schooner Dr compare with other homes in Hills of Lakeway?

As of Oct 16, 2026, 109 Schooner Dr is offered at $619,000. The current MLS snapshot shows 188 active listings in 78738. Keenan Group has completed 31 verified transactions in 78738 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Hills of Lakeway guide for current neighborhood analysis.

When was 109 Schooner Dr built?

109 Schooner Dr was built in 1988 (38 years ago). Buyers should budget for potential updates to major systems.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

What should buyers know about Hills of Lakeway?

Hills of Lakeway is one of Austin's established neighborhoods, zoned for Lake Travis ISD in the 78738 area. The Keenan Group has specialized in Hills of Lakeway real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.

  • Hills of Lakeway area specialists
  • Lake Travis ISD zoning
  • #1 Austin Board of Realtors Team 2024
  • 25+ years Austin luxury real estate

Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)

Why Choose the #1 Austin Board Team for Hills of Lakeway

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/16/2026, 3:07:08 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Use or search of this IDX data by anyone other than a consumer looking to purchase real estate is prohibited. Automated collection, scraping, republication, or redistribution is prohibited.

Last updated: 10/16/2026, 3:07:08 AM

DMCA Notice · Privacy Policy · Terms