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4 bed, 3 bath, 3,498 sqft on 0.28 acres in Lakeway. Lakeway, TX 78734. Last listed at $899,990, sold September 29, 2026. Lake Travis ISD.
About This Home
Builder offering staircase leading to backyard as part of advertised price. Welcome to 15200 Dorothy Dr, where timeless elegance meets modern luxury in a thoughtfully designed home built for both everyday comfort and elevated entertaining. Upon entry, you’re welcomed by a sophisticated formal dining room that sets the tone for the refined finishes and spacious design found throughout the home. At the heart of the residence is the expansive family room, highlighted by a stunning fireplace and seamless flow into the gourmet kitchen and breakfast area—creating the perfect environment for hosting gatherings both large and intimate. The chef-inspired kitchen features an oversized island, double ovens, a butler’s pantry, and an expansive walk-in pantry, blending style with exceptional functionality. Designed to embrace indoor-outdoor living, the spacious covered patio offers the perfect place to enjoy peaceful mornings or entertain guests year-round. Optional multi-slide glass doors can further enhance the space by creating a seamless transition between the indoors and outdoors. The home’s thoughtfully designed split floor plan offers privacy and flexibility. Three generously sized secondary bedrooms, all with walk-in closets, are positioned near a full bath, utility room, and access to the two-car swing garage, with the option to add a third-car garage for additional convenience. Privately situated on the opposite side of the home, the luxurious primary suite serves as a true retreat, featuring a beautiful bay window that fills the space with natural light. The spa-inspired primary bath includes dual vanities, a soaking tub, oversized super shower, and an impressive walk-in closet. Additional living space upstairs includes a spacious game room, an additional bedroom with walk-in closet, and powder bath, with the option to convert the space into a private media room.
The backyard at 15200 Dorothy Drive in Lakeway is where this 3,498-square-foot home earns its stripes. Built in 2026, this four-bedroom residence sits on 0.275 acres with a covered rear porch designed specifically for the kind of entertaining that makes neighborhoods talk. The builder included an exterior staircase that leads directly from the main level to the backyard, meaning your guests move seamlessly from the gourmet kitchen straight into the action without funneling through hallways or doorways.
That kitchen is the launch pad for every gathering. The oversized island anchors the space, and the double ovens plus built-in gas range handle serious cooking volumes. The eat-in breakfast area connects directly to the family room, which opens onto the covered patio. Optional multi-slide glass doors can be added to fully dissolve the line between inside and outside, turning the entire first floor into one continuous entertaining zone when weather permits.
The backyard itself is landscaped and equipped with automatic sprinklers, so it stays game-ready year-round. A covered rear porch gives you shade for summer barbecues and protection during Austin's unpredictable spring storms. The lot dimensions give you genuine space for cornhole tournaments, lawn games, and enough seating for the whole neighborhood crew without feeling cramped. At $262 per square foot, you're paying for functional entertaining infrastructure, not just square footage.
From 15200 Dorothy Drive, Lake Travis ISD schools serve the area, with Lakeway Elementary, Hudson Bend Middle, and Lake Travis High all feeding the community. Lakeway itself maintains strict architectural guidelines, so you're surrounded by similarly well-maintained homes in Lakeway 78734.
Commutes to Austin's major employment centers vary depending on your direction, but Lakeway's location keeps you northwest-positioned for easier drives than many central Austin neighborhoods. The property has been on the market 11 days at $914,990, which reflects current market positioning for a brand-new, entertaining-focused family home in an established subdivision. This is the house that becomes the natural gathering point on weekends.
The numbers behind this insight
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
- 2026
- Lot Size
- 0.28 acres
- Price / Sq Ft
- $257
- HOA
- $216/year
- Garage
- 3 spaces
Listing information last updated August 21, 2026.
Listed by Elite Living Realty
MLS# 7711057 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- Crown Molding
- Double Vanity
- Eat-in Kitchen
- Granite Counters
- Ceiling-High
- High Speed Internet
- Kitchen Island
- Recessed Lighting
- Primary Bedroom on Main
- Open Floorplan
- Pantry
- Walk-In Closet(s)
- Soaking Tub
- Tray Ceiling(s)
- Multiple Living Areas
- Multiple Dining Areas
- Bar
- Study
- Home Office
- Bar Fridge
- Built-In Gas Range
- Built-In Refrigerator
- Dishwasher
- Disposal
- ENERGY STAR Qualified Appliances
- ENERGY STAR Qualified Dishwasher
- Exhaust Fan
- Microwave
- Oven
- Double Oven
- Stainless Steel Appliance(s)
- Tankless Water Heater
- Vented Exhaust Fan
- Carpet
- Tile
- Wood
- Heating
- Central,ENERGY STAR Qualified Equipment,Propane
- Cooling
- Central Air,ENERGY STAR Qualified Equipment
- Fireplaces
- 1
Exterior & Lot
- Gutters Full
- Stone
- Stucco
- Back Yard
- Curbs
- Front Yard
- Landscaped
- Sprinkler - Automatic
- Partial
- Slab
- Covered
- Rear Porch
- Roof
- Composition
- Lot Size
- 0.28 Acres
- Attached
- Driveway
- Garage
- Garage Door Opener
- Garage Faces Side
- Garage Spaces
- 3
Financial
- HOA Fee
- $216 / year
- Original List Price
- $949,990
- Price per Sq Ft
- $257
Utilities
- Electricity Connected
- High Speed Internet
- Propane
- Sewer Connected
- Underground Utilities
- Water Connected
- Water Source
- MUD
- Sewer
- Public Sewer
Explore this area
Price & Listing History
Active Under Contract with current price, original ask, and market time.
- Current list
- $899,990
- Original list
- $949,990
- Price movement
- $50K reduction
- Listed / DOM
- May 25, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $870,382
- Assessment Year
- 2025
- Year Built
- 2020
- Parcel ID
- 000000132430
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+55.9% | — | $870,382 | $225,486 | — |
2024+155.6% | — | $558,327 | $176,000 | $628,627 |
2023+241.3% | — | $218,431 | $160,000 | $286,662 |
2021 | — | $64,000 | $64,000 | — |
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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($180K)
Adjustable assumption - not a lending recommendation.
Home price
$899,990
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Lakeway pricing, timing, and property scale. No automated valuation claim.
List price
$899,990
Price per sqft
$257/sqft
Vs. Neighborhood guide reference price
+5.9%
$850K · Lakeway neighborhood guide · reference price
Days on market
Not available
Original to current
$50K reduction
$950K original
Active inventory context
131 listings
Price Position in Lakeway
Listed 6% above the Lakeway neighborhood guide reference price. Lakeway neighborhood guide · reference price.
Source: Public records and Keenan Group review as of Oct 16, 2026.
Request Private Market AnalysisConnect 15200 Dorothy Dr to the Austin Market
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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