— bed, — bath on 3.88 acres in Lakeway. Lakeway, TX 78734. $1,300,000. Lake Travis ISD.
About This Home
OWNER FINANCING AVAILABLE. CAL LISTING BROKER FOR DETAILS. Be a part of the Square at Lohman's, Lakeway's new downtown live, play work project. This $500M project is being developed by Stratus Properties and Legend Communities and will bring Lakeway to a new level of sophistication and livability. Possibilities are endless for this property as the new core of the city rises. This tract can be residential or commercial build. The following reports are available: survey, flood plain report, environmental report.
This 3.88-acre parcel at 2200 Ranch Road 620 S in Lakeway sits at the epicenter of the largest mixed-use development in the region, positioned for both immediate recreational use and significant long-term appreciation. Owner financing is available, making this raw land an accessible entry point into one of Austin's fastest-growing corridors.
The Square at Lohman's represents a 500 million dollar transformation of Lakeway's core, developed by Stratus Properties and Legend Communities. This $500M project is reshaping the city with live-work-play integration that attracts both families and professionals seeking an alternative to central Austin's density. Your 3.88 acres can serve dual purposes: develop commercially with the surrounding project activity, or reserve it as residential with flexibility to build whenever the market and personal timeline align.
What makes this land genuinely compelling is the immediate recreational potential. The property's mature tree canopy - medium-sized oaks and cedars ranging 20 to 40 feet - creates natural shelter and privacy while you decide your development strategy. This isn't speculative raw land in the middle of nowhere. You're positioned within the Lake Travis ISD attendance zone, with Lakeway Elementary, Hudson Bend Middle, and Lake Travis High School serving the area. Families who buy land here aren't gambling on future infrastructure; they're buying into an established school system and a community where $500 million in development is already underway.
The location on Ranch Road 620 S gives you direct access to Lake Travis itself. Boating, fishing, and water sports are literally minutes away. If you're the type who wants a weekend place to hunt, fish, or run ATVs on your own acreage while development decisions cook, this property delivers that freedom right now. The mature trees provide natural shooting lanes and natural blinds. The lot size gives you genuine privacy despite being in a transitional zone.
The real estate fundamentals are sharp: 3.88 acres at $1.3 million is approximately $335,000 per acre, reasonable for titled Lakeway land adjacent to major development activity. The property includes survey, floodplain, and environmental reports already completed, removing typical land-purchase friction. Owner financing availability reduces capital requirements for qualified buyers.
In five to seven years, this acreage will be surrounded by the completed Square at Lohman's project. Your decision point arrives then: hold and watch land values rise as the mixed-use core attracts retailers and offices, or develop in tandem with the broader vision. Until then, it's genuinely yours - a weekend escape, a hunting camp, a family retreat, and an appreciating asset all at once.
The numbers behind this insight
- Offered at
- $1,300,000
- Listed
- May 9, 2026
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
- 130
- Months of supply
- 4.2
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
- 3.88 acres
Listing information last updated November 3, 2026.
Listed by Preferred Properties
MLS# 8343567 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Many Trees
- Trees-Medium (20 Ft - 40 Ft)
- Lot Size
- 3.88 Acres
Financial
- Original List Price
- $1,300,000
Utilities
- Cable Available
- Electricity Available
- High Speed Internet
- Underground Utilities
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 2200 Ranch Road 620, whoever represented it.
- ActiveListed 2026Current price: $1,300,000Original list: $1,300,000MLS 8343567
- Listed · May 9, 2026$1,300,000
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
- $1,300,000
- Original list
- $1,300,000
- Price movement
- No verified reduction
- Listed / DOM
- May 9, 2026 · 179 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $354,980
- Assessment Year
- 2025
- Parcel ID
- 000000130731
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+171.6% | — | $354,980 | $354,980 | — |
2021 | — | $130,680 | $130,680 | — |
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% ($260K)
Adjustable assumption - not a lending recommendation.
Home price
$1,300,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Lakeway pricing, timing, and property scale. No automated valuation claim.
List price
$1,300,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
+52.9%
$850K · Lakeway neighborhood guide · reference price
Days on market
179 days
Original to current
No verified reduction
$1.3M original
Active inventory context
130 listings
Price Position in Lakeway
Listed 53% above the Lakeway neighborhood guide reference price. Lakeway neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Nov 3, 2026.
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Lakeway Neighborhood Guide
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78734 ZIP Guide
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Lake Travis ISD Schools
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