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3 bed, 3 bath, 2,226 sqft on 0.09 acres in Lakeway. Austin, TX 78734. Last listed at $940,000, sold July 24, 2026. Lake Travis ISD.
About This Home
Short term rentals permitted. Lake Travis living at 423 Marina Village Cove, a modern lakefront condo where sophisticated design and resort-style convenience meet in an exceptional waterfront setting. Offering 2,226+/- sq.ft. on two levels, this residence features 3 bedrooms, 3 bathrooms, 1 dining area, and 2 living spaces including a lofted game room. Enjoy two reserved covered parking spaces, a storage closet, and elevator and stair access. Inside, a bright open floor plan is filled with natural light, expansive windows, and designer finishes. The chef-inspired kitchen anchors the home with an oversized island, sleek cabinetry, premium stainless appliances, and seamless flow into the dining and living areas. Every space is designed to maximize comfort, functionality, and breathtaking lake views. The living room opens to a private balcony overlooking Lake Travis, creating the perfect setting for morning coffee, sunset cocktails, outdoor dining, or simply relaxing above the water. The primary suite serves as a luxurious retreat featuring panoramic lake views and a spa-inspired bath with a soaking tub, oversized walk-in shower, dual vanities, and a custom walk-in closet. Two additional bedrooms and baths provide comfortable accommodations for family and guests. Ideal as a full-time residence, weekend getaway, or lock-and-leave retreat, this property also offers the rare advantage of being STR approved, creating flexibility and investment potential. The quarterly HOA fee of $2,271.15 includes flood insurance, trash/recycling, weekly exterior cleaning, landscaping, building and grounds maintenance, plus access to Lakeway Resort & Spa amenities. Residents enjoy three resort-style pools, a fitness center, full-service spa, room service, 20% discounts on food and beverages, and preferred room rates for guests. Next door, Lakeway Marina offers boat slip rentals and lake access. Luxury finishes, STR flexibility, and a Lake Travis location create a waterfront opportunity.
Wake each morning to the sound of gentle water lapping against the dock at 423 Marina Village Cove Unit 423 in Austin's Marina Village At Lakeway. This 2,226 square foot waterfront condominium sits directly on Lake Travis, where the boundary between indoor living and aquatic escape blurs entirely. Step onto your private balcony and the lake becomes your view, your soundtrack, your daily reminder that you chose a life oriented around water rather than traffic.
The home itself flows seamlessly from water's edge to living spaces. Three bedrooms and three full bathrooms occupy two levels, but the real architecture here is spatial - the open floor plan channels light and sight lines directly toward Lake Travis. The primary suite anchors the main level with panoramic water views, a spa-inspired bathroom featuring a soaking tub and oversized walk-in shower with dual vanities, and a custom walk-in closet. A chef's kitchen with oversized island, granite counters, stainless steel appliances, and gas cooktop sits at the home's heart, feeding seamlessly into dining and living areas that all face the water. Recessed lighting, ceiling fans, and a wet bar punctuate spaces designed for both daily life and entertaining.
The second level adds a lofted game room and guest bedroom, both capturing the same Lake Travis orientation. Masonry construction on all sides provides durability in Austin's weather, while an automatic sprinkler system and mature trees over 40 feet tall frame the landscaped grounds. Your private pool completes the outdoor living equation. Two reserved covered parking spaces and a storage closet handle the practical demands of condo living in the Lake Travis ISD area, served by Serene Hills Elementary, Hudson Bend Middle School, and Lake Travis High School.
The quarterly HOA fee of $2,271.15 opens access to Lakeway Resort & Spa amenities - three resort-style pools, fitness center, full-service spa, and on-site dining with 20% food and beverage discounts. Lakeway Marina sits next door, offering boat slip rentals and direct water access. The property carries STR approval, providing flexibility whether you're seeking a full-time residence, weekend escape, or investment vehicle. Built in 2008 at $422 per square foot, this represents waterfront living where the fluid connection between home and water isn't metaphorical - it's your daily experience.
The numbers behind this insight
Lakeway market
- Homes sold
- 357
- Median sale price
- $850,000
- Median price per sq ft
- $287
- Median days on market
- 66
- Homes for sale now
- 148
- Months of supply
- 5.0
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
- 2008
- Lot Size
- 0.09 acres
- Price / Sq Ft
- $422
- HOA
- $2,271.15/quarter
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated July 14, 2026.
Listed by Keller Williams - Lake Travis
MLS# 1817746 • 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
- Breakfast Bar
- Ceiling Fan(s)
- Ceiling-High
- Granite Counters
- Double Vanity
- Interior Steps
- Kitchen Island
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Smart Thermostat
- Walk-In Closet(s)
- Wet Bar
- Bar Fridge
- Built-In Electric Oven
- Dishwasher
- Disposal
- Gas Cooktop
- Microwave
- Plumbed For Ice Maker
- Stainless Steel Appliance(s)
- Vented Exhaust Fan
- Electric Water Heater
- Carpet
- Tile
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Balcony
- Boat Dock - Shared
- Exterior Steps
- Gutters Full
- Lighting
- Masonry – All Sides
- Curbs
- Landscaped
- Level
- Sloped Down
- Sprinkler - Automatic
- Trees-Large (Over 40 Ft)
- Views
- Slab
- Roof
- Metal
- Lot Size
- 0.09 Acres
- Assigned
- Community Structure
- Concrete
- Lighted
- Off Street
- Open
- Outside
- Side By Side
- Garage Spaces
- 2
- Pool
- Yes
- Lake Front
Financial
- HOA Fee
- $2,271 / quarter
- Original List Price
- $940,000
- Price per Sq Ft
- $422
Utilities
- Cable Connected
- Electricity Connected
- High Speed Internet
- Natural Gas Available
- Phone Connected
- 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
- $940,000
- Original list
- $940,000
- Price movement
- No verified reduction
- Listed / DOM
- Jun 17, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $915,779
- Assessment Year
- 2025
- Year Built
- 2008
- Parcel ID
- 000000759431
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-21.6% | — | $915,779 | — | — |
2024+31.9% | — | $1,168,748 | $188,450 | $857,284 |
2023+27.7% | — | $886,167 | $188,450 | $980,298 |
2022+32.8% | — | $694,143 | $188,450 | $697,717 |
2021 | — | $522,773 | $188,450 | $505,693 |
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.
20% ($188K)
Adjustable assumption - not a lending recommendation.
$940,000
Luxury property intelligence
Keenan Market Position
A sourced read on Lakeway pricing, timing, and property scale. No automated valuation claim.
List price
$940,000
Price per sqft
$422/sqft
Vs. Neighborhood guide reference price
+10.6%
$850K · Lakeway neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$940K original
Active inventory context
148 listings
Price Position in Lakeway
Listed 11% above the Lakeway neighborhood guide reference price. Lakeway neighborhood guide · reference price.
Source: Public records and Keenan Group review as of Jul 24, 2026.
Request Private Market AnalysisConnect 423 Marina Village Cv Unit #423 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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Austin Home Valuation
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