3 bed, 3 bath, 2,805 sqft on 0.35 acres in Lakeway. Lakeway, TX 78734. $1,599,000. Lake Travis ISD.
About This Home
Welcome to 917 Challenger—an exceptional Lake Travis retreat tucked within the coveted Lakeway community, where refined living meets the effortless beauty of the water. Set on a lush .35-acre homesite, this 3-bedroom, 3-bath residence captures the essence of elevated lakeside living with sweeping views and thoughtfully curated spaces throughout. From the moment you arrive, manicured landscaping and mature greenery create a sense of privacy and arrival. Inside, soaring ceilings and expansive windows frame panoramic lake vistas, filling the home with natural light and a serene, airy ambiance. The living room is both inviting and sophisticated, featuring striking beamed ceilings and a fireplace that anchors the space for intimate evenings. The recently updated kitchen (2024) blends timeless elegance with modern function, offering marble countertops, a generous center island, floating shelving, stainless steel appliances, and abundant storage—perfectly suited for both everyday living and elevated entertaining. Enjoy formal dining for special occasions or casual bar seating for relaxed gatherings. Designed with versatility in mind, the home includes two dedicated office spaces, ideal for remote work or creative pursuits. The primary suite is a private sanctuary, complete with tranquil lake views and a spa-inspired bath featuring a soaking tub, dual vanities, and a spacious walk-in closet. Outdoors, the property transforms into a true lakeside escape. Lounge beside the sparkling pool and spa, host unforgettable evenings on expansive patios, or gather around the fire pit under the Texas stars. With a private boat dock and jet ski storage, direct access to Lake Travis invites endless days on the water. Perfectly positioned near top-rated Lakeway schools, upscale shopping and dining at the Hill Country Galleria, and premier golf and marina amenities, 917 Challenger offers a rare opportunity to experience the very best of luxury lake living.
917 Challenger in Lakeway delivers direct water access with a private boat dock and jet ski storage, making Lake Travis your backyard playground. This 3-bedroom, 3-bath home sits on 0.35 acres in Lakeway Section 9 & 13, priced at $1.70M ($606/sqft), and functions as the perfect basecamp for an active lifestyle centered on water sports, lake recreation, and outdoor adventure.
The home's layout supports year-round activity. A 2,805 sqft floor plan includes multiple living areas, a dedicated study with home office setup, and a primary suite positioned on the main level. Vaulted ceilings and beamed construction create an open feel that flows seamlessly to the outside. A 2024 kitchen update provides the operational hub you need when hosting the crew before heading out, with convection ovens, electric cooktop, and ample counter space for meal prep.
Gear storage and water access define the property's real advantage. The private boat dock means your watercraft is always loaded and ready. Jet ski storage is built in. A sparkling pool and spa occupy the backyard, while covered patios and decking span multiple exposures, creating zones for decompression between adventures. Mature trees over 40 feet tall provide shade, and a water feature adds movement to the landscaped setting.
Lake Travis itself is the draw. Launch directly from your dock for wakeboarding, skiing, fishing, or sailing. The lake spans 18,134 acres and offers consistent wind patterns favored by windsurfers. Nearby Hill Country Galleria provides quick retail stops on the way back. Serene Hills Elementary, Hudson Bend Middle, and Lake Travis High serve the Lake Travis ISD, so family logistics fit the active schedule.
The rush of Lake Travis living is what sells this property. Eight days on market signals serious buyer interest in direct waterfront with gear-ready infrastructure. Lakeway's proximity to downtown Austin sits at roughly 25-30 minutes via RR620 and MopacExpressway, but the real commute is the walk to your dock and the engine start-up that follows. This is where adventure begins.
The numbers behind this insight
- Offered at
- $1,599,000
- Listed
- April 15, 2026
- Price changes
- Reduced, down 5.9% from $1,699,000
- Asking price per sq ft
- $570
Lakeway market
- Homes sold
- 358
- Median sale price
- $850,000
- Median price per sq ft
- $287
- Median days on market
- 49
- 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
- 1992
- Lot Size
- 0.35 acres
- Price / Sq Ft
- $570
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated September 20, 2026.
Listed by Keller Williams - Lake Travis
MLS# 9086333 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Ceiling-Vaulted
- Ceiling-High
- Primary Bedroom on Main
- Walk-In Closet(s)
- Wired for Sound
- Multiple Living Areas
- Beamed Ceilings
- Study
- Home Office
- Built-In Oven(s)
- Convection Oven
- Electric Cooktop
- Dishwasher
- Disposal
- Microwave
- Tankless Water Heater
- Carpet
- Tile
- Heating
- Central,Propane
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Boat Slip
- Boat Dock - Shared
- Exterior Steps
- Gutters Full
- Boat Dock - Private
- Private Yard
- Masonry – Partial
- Stone Veneer
- Near Golf Course
- Sprinkler - Automatic
- Sprinklers In Rear
- Sprinklers In Front
- Trees-Large (Over 40 Ft)
- Many Trees
- Waterfall
- Fenced
- Wrought Iron
- Slab
- Covered
- Deck
- Patio
- Roof
- Metal
- Lot Size
- 0.35 Acres
- Attached
- Garage Spaces
- 2
- Pool
- Yes
- Lake Front
Financial
- Original List Price
- $1,699,000
- Price per Sq Ft
- $570
Utilities
- Electricity Available
- Propane
- Water Source
- MUD
- Sewer
- MUD
Transaction History
1 record on file
Every recorded listing, sale, and lease at 917 Challenger, whoever represented it.
- ActiveListed 2026Current price: $1,599,000Original list: $1,699,000MLS 9086333
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
- $1,599,000
- Original list
- $1,699,000
- Price movement
- $100K reduction
- Listed / DOM
- Apr 15, 2026 · 184 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $2,204,203
- Assessment Year
- 2025
- Year Built
- 1992
- Parcel ID
- 000000144387
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+50.3% | — | $2,204,203 | — | — |
2024-15.3% | — | $1,466,123 | $1,812,000 | $519,413 |
2023+39.4% | — | $1,731,172 | $906,000 | $560,123 |
2022 | — | $1,241,800 | $906,000 | $825,172 |
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% ($320K)
Adjustable assumption - not a lending recommendation.
$1,599,000
Luxury property intelligence
Keenan Market Position
A sourced read on Lakeway pricing, timing, and property scale. No automated valuation claim.
List price
$1,599,000
Price per sqft
$570/sqft
Vs. Neighborhood guide reference price
+88.1%
$850K · Lakeway neighborhood guide · reference price
Days on market
184 days
Original to current
$100K reduction
$1.7M original
Active inventory context
148 listings
Price Position in Lakeway
Listed 88% 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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