#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Welcome to this clean and well-maintained 3-bedroom, 2-bathroom home nestled in one of Granite Shoals' peaceful neighborhoods. Built in 2003 and move-in ready, this property is the perfect fit whether you're a first-time buyer or looking to rightsize into something more manageable without sacrificing comfort or lifestyle. Inside, you'll find tile flooring throughout — easy to maintain and ideal for the Texas Hill Country climate — along with a welcoming kitchen featuring granite countertops that add a touch of elegance to everyday living.Recently painted inside and out, the home feels fresh, bright and truly move-in ready. The layout is practical and comfortable, with a warm, inviting feel from the moment you step inside. Outside, a partially fenced yard offers a great space for pets, gardening or simply relaxing, all within a quiet, established neighborhood surrounded by lovely, well-kept homes. Location is where this home truly shines.Just a short stroll from one of Granite Shoals' nineteen city parks, you'll enjoy easy access to a nearby waterfront park and public boat launch — perfect for kayaking, fishing, or weekend lake days on Lake LBJ. The city's incredible park system also includes Quarry Park,home to the Manzano Hike, Bike & Run Trail and a multi-sports center featuring soccer, basketball, volleyball, and pickleball courts — all just minutes away. Enjoy small-town charm, outdoor recreation at your doorstep.
Property Type
Residential
Year Built
2003
Lot Size
0.23 acres
$/Sq Ft
$210
Garage
2 spaces
Listed by Horseshoe Bay Resort Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
259 Lakewood DR is listed at $254,900 with 3 bedrooms, 2 full bathrooms, 1,214 square feet, 0.23-acre lot.
259 Lakewood DR is zoned for Marble Falls ISD with assigned schools: Highland Lake (elementary), Marble Falls (middle), Marble Falls (high). School assignments should be verified directly with the district.
259 Lakewood DR is a Residential built in 2003 featuring 3 bedrooms, 2 full bathrooms, 1,214 square feet, 0.23-acre lot.
259 Lakewood DR is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 259 Lakewood DR is $2,025. 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.
#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.
Marble Falls ISD
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.
20% ($51K)
$254,900
Luxury property intelligence
A sourced read on Tanglewood pricing, timing, and property scale. No automated valuation claim.
List price
$254,900
Price per sqft
$210/sqft
Vs. Tanglewood median
Not available
Days on market
2 days
Original to current
No verified reduction
$254.9K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 15, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($50,980) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 259 Lakewood DR is around $1,491 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $254,900, 259 Lakewood DR is in the Tanglewood market where there are currently 185 active listings in 78654. The Keenan Group has completed 1 transactions in 78654 as part of 1,000+ career sales totaling $1B+ across Austin.
259 Lakewood DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Current Price
$254,900
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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