4 bed, 4 bath, 4,364 sqft on 0.36 acres in Lakeway. Austin, TX 78734. $1,499,900. Lake Travis ISD.
About This Home
MLS# 5440493 - Built by Drees Custom Homes - Feb 2027 completion! ~ LAKEWAY, TX: New 4 Bed , 4.5 Bath Luxury Home. Discover exceptional craftsmanship and modern luxury in this stunning new construction home in sought-after Lakeway, Texas. A grand two-story foyer filled with natural light welcomes you inside, where an elegant wraparound staircase creates a dramatic first impression. Designed for both everyday living and entertaining, the open-concept layout features a stylish wine bar, expansive family room with soaring two-story ceilings and walls of windows that flood the home with sunlight. The dining area seamlessly connects to a spacious covered outdoor living space, perfect for hosting gatherings or enjoying the beautiful Texas weather year-round. The luxurious primary suite offers a spa-inspired bath complete with a freestanding soaking tub, oversized walk-in shower and an impressive walk-in closet. An additional first-floor bedroom with private bath provides flexibility for guests or multigenerational living. Upstairs, two generously sized bedrooms feature en-suite baths and are complemented by a large gameroom and dedicated media space. Located in prestigious Lakeway near top-rated schools, golf courses, Lake Travis, shopping, dining and outdoor recreation, this luxury home delivers the perfect blend of comfort, style and convenience.
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
- 2026
- Lot Size
- 0.36 acres
- Price / Sq Ft
- $344
- Garage
- 3 spaces
Listing information last updated September 11, 2026.
Listed by HomesUSA.com
MLS# 5440493 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Built-in Features
- Ceiling Fan(s)
- Chandelier
- Double Vanity
- Eat-in Kitchen
- Entrance Foyer
- Study
- Home Office
- Built-In Gas Oven
- Built-In Gas Range
- Built-In Oven(s)
- Built-In Range
- Convection Oven
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Exhaust Fan
- Gas Cooktop
- Gas Range
- Microwave
- Double Oven
- Range
- RNGHD
- Stainless Steel Appliance(s)
- Vented Exhaust Fan
- Tankless Water Heater
- Carpet
- Tile
- Wood
- Heating
- Central,Exhaust Fan,Fireplace(s),Zoned
- Cooling
- Ceiling Fan(s),Central Air
- Fireplaces
- 1
Exterior & Lot
- Exterior Steps
- Gutters Full
- Lighting
- Brick
- Masonry – Partial
- Wood Siding
- Stone Veneer
- Stucco
- Back Yard
- Cul-De-Sac
- Curbs
- Back Yard
- Gate
- Wood
- Wrought Iron
- Slab
- Covered
- Patio
- Rear Porch
- Roof
- Shingle
- Lot Size
- 0.36 Acres
- Covered
- Direct Access
- Door-Multi
- Door-Single
- Driveway
- Electric Gate
- Garage
- Garage Spaces
- 3
Financial
- Original List Price
- $1,499,900
- Price per Sq Ft
- $344
Utilities
- Electricity Available
- Natural Gas Available
- Phone Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 582 Taranga PL, whoever represented it.
- ActiveListed 2026Current price: $1,499,900Original list: $1,499,900MLS 5440493
- Listed · September 10, 2026$1,499,900
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
Listed with current price, original ask, and market time.
- Current list
- $1,499,900
- Original list
- $1,499,900
- Price movement
- No verified reduction
- Listed / DOM
- Sep 10, 2026 · 35 days
Zoned Schools & District Context
Lake Travis
Bee Cave Middle School
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% ($300K)
Adjustable assumption - not a lending recommendation.
$1,499,900
Luxury property intelligence
Keenan Market Position
A sourced read on Lakeway pricing, timing, and property scale. No automated valuation claim.
List price
$1,499,900
Price per sqft
$344/sqft
Vs. Neighborhood guide reference price
+76.5%
$850K · Lakeway neighborhood guide · reference price
Days on market
35 days
Original to current
No verified reduction
$1.5M original
Active inventory context
148 listings
Price Position in Lakeway
Listed 76% above the Lakeway neighborhood guide reference price. Lakeway neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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