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4 bed, 2 bath, 3,148 sqft on 0.30 acres in Lakeway. Lakeway, TX 78734. Last listed at $999,000, sold June 5, 2026. Lake Travis ISD.
About This Home
Beautifully remodeled and ideally located in the heart of Lakeway, this inviting home offers the perfect blend of comfort, flexibility, and outdoor living. Multiple living areas on the main level provide space to gather and entertain, while a versatile flex room is ideal for a home office, formal dining, or playroom.
The updated kitchen opens seamlessly to the family room and overlooks the sparkling pool, creating an effortless indoor-outdoor connection perfect for everyday living and hosting. Upstairs, the oversized primary suite is a true retreat, complete with a private balcony showcasing serene Hill Country views. Three additional bedrooms offer space for a growing family, guests, or the option to create a game or media room.
Step outside to your private backyard oasis featuring a pool and spa, plus plenty of yard space for play, pets, or entertaining under the Texas sky. This is Lakeway living at its best - stylish, functional, and designed for making memories.
The moment you pull up to 408 Morning Cloud Street in Lakeway, you understand this isn't just a house - it's your basecamp for the active lifestyle Lake Travis offers. This 3,148-square-foot home sits on a level lot in Lakeway Section 18, positioned perfectly for quick access to Lake Travis itself, just minutes away via Lowell Lane toward the water sports hub where sailboats, paddleboards, and jet skis launch daily.
The real advantage here is layout built for adventure prep and storage. The 3-car garage handles gear without compromise - kayaks, bikes, water equipment, all organized and protected. Inside, the home flows across multiple living zones on the main level, which means your crew can scatter without friction. The primary suite upstairs includes a private balcony with Hill Country views, your personal decompression zone after a full day on the water or trails. The kitchen anchors everything with a built-in oven and cooktop, granite counters, and an island setup that lets you fuel up fast before heading out.
The backyard is where the real action lives. A private pool and spa keep you moving even on hot summer days, while the deck and patio create natural gathering points for the post-adventure debrief. The automatic sprinkler system means you're not managing landscape maintenance while planning weekend trips. Large mature trees provide shade across the level property, and there's genuine backyard real estate here - space for equipment storage, a dog run if you're bringing a trail partner, and room to breathe between the house and property line.
Lake Travis Independent School District serves the area through Serene Hills Elementary, Hudson Bend Middle, and Lake Travis High School, which matters if your adventure team includes kids. The neighborhood itself is established and stable, with the Lakeway community center and trail systems nearby adding to the outdoor infrastructure.
At $317 per square foot, this 1989-built brick and HardiPlank home offers solid value for direct lake-access living. The remodeled kitchen, dual primary closets, and flex room for home office or media space mean you're not just getting lake proximity - you're getting a functional home that actually supports an active family's daily rhythms. This is where your adventures start and your recovery happens.
The numbers behind this insight
Lakeway market
- Homes sold
- 365
- Median sale price
- $850,000
- Median price per sq ft
- $287
- Median days on market
- 49
- Homes for sale now
- 138
- Months of supply
- 4.5
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
- 1989
- Lot Size
- 0.30 acres
- Price / Sq Ft
- $317
- Garage
- 3 spaces
- Pool
- Yes
Listing information last updated April 27, 2026.
Listed by DEN Property Group
MLS# 2412256 • 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
- Bookcases
- Breakfast Bar
- Built-in Features
- Granite Counters
- Double Vanity
- Eat-in Kitchen
- High Speed Internet
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Pantry
- Soaking Tub
- Two Primary Closets
- Built-In Oven(s)
- Cooktop
- Dishwasher
- Disposal
- Electric Cooktop
- Microwave
- Double Oven
- Electric Water Heater
- No Carpet
- Tile
- Wood
- Heating
- Central,Electric
- Cooling
- Ceiling Fan(s),Central Air,Electric
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Dog Run
- Gutters Full
- Brick
- Hardi
- Plank Type
- Back Yard
- Level
- Sprinkler - Automatic
- Trees-Large (Over 40 Ft)
- Views
- Back Yard
- Wood
- Slab
- Covered
- Deck
- Patio
- Roof
- Composition
- Lot Size
- 0.30 Acres
- Attached
- Garage Faces Side
- Garage Spaces
- 3
- Pool
- Yes
Financial
- Original List Price
- $999,000
- Price per Sq Ft
- $317
Utilities
- Cable Available
- Electricity Connected
- Phone Available
- Propane
- Sewer Connected
- Underground Utilities
- Water Connected
- Water Source
- MUD
- Sewer
- MUD
Explore this area
Price & Listing History
Active Under Contract with current price, original ask, and market time.
- Current list
- $999,000
- Original list
- $999,000
- Price movement
- No verified reduction
- Listed / DOM
- Mar 4, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $814,090
- Assessment Year
- 2025
- Year Built
- 1989
- Parcel ID
- 000000147988
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-9.6% | — | $814,090 | — | — |
2024+0.3% | — | $900,722 | $308,000 | $533,574 |
2023+72.7% | — | $898,100 | $308,000 | $592,722 |
2022+13.9% | — | $520,082 | $308,000 | $590,100 |
2021 | — | $456,620 | $110,000 | $410,082 |
Virtual Tour

Zoned Schools
Lake Travis
Hudson Bend
Serene Hills
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% ($200K)
Adjustable assumption - not a lending recommendation.
Home price
$999,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Lakeway pricing, timing, and property scale. No automated valuation claim.
List price
$999,000
Price per sqft
$317/sqft
Vs. Neighborhood guide reference price
+17.5%
$850K · Lakeway neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$999K original
Active inventory context
138 listings
Price Position in Lakeway
Listed 18% above the Lakeway neighborhood guide reference price. Lakeway neighborhood guide · reference price.
Source: Public records and Keenan Group review as of Jun 23, 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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