— bed, — bath on 0.33 acres in Lakeway. Lakeway, TX 78734. $285,000. Lake Travis ISD.
About This Home
Build your dream home in the heart of Lakeway and embrace the ultimate Lake Travis lifestyle! Ideally located at 114 Lakeway Drive, this residential homesite puts you within walking distance of the renowned Lakeway Resort & Spa and Lakeway Marina, offering an incredible opportunity to live where others come to vacation.
Enjoy the beauty of the Texas Hill Country and Lake Travis practically outside your door. Spend your days boating, sailing, paddleboarding, kayaking, fishing or simply taking in spectacular lake views and sunsets. Lakeway Marina provides convenient access to the water, while the nearby AAA Four Diamond Lakeway Resort & Spa offers lakeside dining, a boutique spa, resort pools and upscale amenities.
Lakeway itself was created as a resort community on the south shore of Lake Travis and today offers an exceptional combination of lake living and everyday convenience, with marinas, golf courses, tennis, parks, trails and nearly 500 acres of greenbelts—all approximately 25 miles west of Downtown Austin.
Whether envisioning a full-time residence, weekend retreat or custom Hill Country home, this is a rare opportunity to create something special in one of the Austin area's most established lake communities. Come for the lake. Stay for the lifestyle. Build the home you've been dreaming about.
Buyer and buyer's agent to independently verify zoning, building requirements, setbacks, utilities, deed restrictions and all development requirements with the City of Lakeway and applicable governing authorities.
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
- Land
- Lot Size
- 0.33 acres
Listing information last updated September 23, 2026.
Listed by Fruge Property Group
MLS# 8341818 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Close to Clubhouse
- Near Golf Course
- Lot Size
- 0.33 Acres
- Lake Front
- Lake Privileges
Financial
- Original List Price
- $285,000
Utilities
- Electricity Available
- Water Available
- Water Source
- MUD
Transaction History
1 record on file
Every recorded listing, sale, and lease at 114 Lakeway DR, whoever represented it.
- ActiveListed 2026Current price: $285,000Original list: $285,000MLS 8341818
- Listed · September 23, 2026$285,000
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
Listing timeline with current price, original ask, and market time.
- Current list
- $285,000
- Original list
- $285,000
- Price movement
- No verified reduction
- Listed / DOM
- Sep 23, 2026 · 22 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $183,256
- Assessment Year
- 2025
- Parcel ID
- 000000144443
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+139.6% | — | $183,256 | $183,256 | — |
2021 | — | $76,500 | $90,000 | — |
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Zoned Schools & District Context
Lake Travis
Bee Cave Middle School
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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($57K)
Adjustable assumption - not a lending recommendation.
$285,000
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Keenan Market Position
A sourced read on Lakeway pricing, timing, and property scale. No automated valuation claim.
List price
$285,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
-66.5%
$850K · Lakeway neighborhood guide · reference price
Days on market
22 days
Original to current
No verified reduction
$285K original
Active inventory context
148 listings
Price Position in Lakeway
Listed 66% below the Lakeway neighborhood guide reference price. Lakeway neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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Lakeway Neighborhood Guide
Lifestyle, schools, market context, and homes in Lakeway
Lakeway Homes for Sale
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78734 ZIP Guide
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Lake Travis ISD Schools
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