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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
201 Bellagio is listed for $699,000 and includes 4 bedrooms, 3 full baths, 2,710 square feet, 0.18 acres.
201 Bellagio is in the Lakeway area of Austin, Texas.
201 Bellagio is associated with Lake Travis ISD. School assignments should always be verified directly with the district before relying on them.
201 Bellagio is a Residential built in 2012 with 4 bedrooms, 3 full baths, 2,710 square feet, 0.18 acres.
201 Bellagio is listed at $699,000, -28.7% versus the available Lakeway median of $980,000, with a price-per-square-foot of $258.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed with current price, original ask, and market time.
Serene Suburban Greenbelt living in North Lakeway Village. Come and enjoy the peaceful lifestyle out by Lake Travis. Tranquil setting just minutes from Lake Travis, everyday conveniences along 620, area golf courses, and highly regarded Lake Travis ISD schools.
This two-story home balances space and function with 4 bedrooms, a dedicated office, 3 full baths, and an oversized upstairs game room. The main living area feels open and bright, with high ceilings and expansive windows that bring in natural light. A stone fireplace anchors the living room, while the kitchen connects seamlessly through an arched opening with bar seating and pendant lighting.
The kitchen is well-equipped with granite countertops, stainless steel appliances, a large center island, abundant cabinetry, and a sunny dining area that opens directly to the covered back porch – perfect for entertaining and everyday convenience.
The primary suite is privately situated on the main floor with a spacious bath and walk-in closet. Two additional bedrooms, a full bath, and a separate office with a sliding barn door complete the first level. Upstairs, you’ll find a fourth bedroom, third full bath, and a generous game room with tall ceilings.
Out back, a showstopper entertainer’s covered porch overlooks a wooded greenbelt with no rear neighbors, offering privacy and a peaceful backdrop. Outfitted with a TV mount so you can grill out and catch the big game. The fenced yard features wrought iron fencing and mature shade trees.
North Lakeway Village residents enjoy a well-maintained neighborhood with sidewalks and a clubhouse with a sparking pool for summer dips. Easy access to 620 & Bee Caves and just 20 miles to The Domain or Downtown. This is an excellent opportunity to get a spacious home at a desirable price point in this sought after Lakeway community. Schedule a showing today!
Property Type
Residential
Year Built
2012
Lot Size
0.18 acres
$/Sq Ft
$258
HOA
$75/mo
Garage
4 spaces
Listed by Compass RE Texas, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+17.5% | — | $889,393 | — | — |
2024+7.3% | — | $757,215 | $308,000 | $535,066 |
2023+38.9% | — | $706,025 | $75,000 | $682,215 |
2022+24.4% | — | $508,388 | $131,250 | $574,775 |
2021 | — | $408,549 | $131,250 | $377,138 |
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. Ratings from GreatSchools.org.
20% ($140K)
$699,000
Luxury property intelligence
A sourced read on Lakeway pricing, timing, and property scale. No automated valuation claim.
List price
$699,000
Price per sqft
$258/sqft
Vs. Lakeway median
-28.7%
$980K median
Days on market
61 days
Original to current
No verified reduction
$699K original
Active inventory context
142 listings
Price Position in Lakeway
Listed 29% below the Lakeway median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 28, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Lakeway
Active listings and buyer search context in Lakeway
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#1 ABOR Team 2024 with $1B+ career sales volume
Lakeway is one of Austin's established neighborhoods, zoned for Lake Travis ISD in the 78734 area. The Keenan Group has specialized in Lakeway real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
6 events on record
Current Price
$699,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+17.5% | — | $889,393 | — | — |
2024+7.3% | — | $757,215 | $308,000 | $535,066 |
2023+38.9% | — | $706,025 | $75,000 | $682,215 |
2022+24.4% | — | $508,388 | $131,250 | $574,775 |
2021 | — | $408,549 | $131,250 | $377,138 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Neighborhood guide and local insights
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.
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