Lakeway

Why you'd want to live in Lakeway

Today the Lakeway area – which located just 30 minutes from downtown Austin and only 10 minutes from marinas and golf courses – is a thriving in-demand community that attracts those who want Hill Country views and who want to be close to the lake. Gone are the days when Lakeway was just another retirement community on the lake. More and more families are moving here and the acclaimed Lake Travis Independent School District is just one of the reasons why this community has grown so quickly over the years. With sophisticated but casual dining several nearby private and public golf courses and shopping of every sort including the Hill Country Galleria Lakeway is the perfect alternative for the homeowner wanting all of the adventure that Lake Travis provides and the convenience of all the amenities the city provides the urban dweller. What started as Lakeway in 1963 now includes the gated community of The Hills of Lakeway with its own golf course; Flintrock Falls; and The Preserve at Lakeway and condos and mansions dot the hillside. While some of the best lots are the original ones with homes on them the new community of Rough Hollow offers new construction a marina and a club for those homeowners who prefer new construction. Many of the older homes with fabulous views or waterfront access have been renovated and remodeled to take advantage of the views and the proximity to the water. via austinrelocationguide.com

Lakeway Market Report

$1,191,343

AVERAGE PRICE OF 222 HOMES

$1,877,128

AVERAGE PRICE OF 91 MULTI-MILLION DOLLAR HOMES

$1,110,078

AVERAGE PRICE OF 87 NEWLY BUILT HOMES

$1,510,861

AVERAGE PRICE OF 29 HOMES WITH A POOL

$868,986

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $1,191,343
Avg Bedrooms 3.45 beds
Avg Bathrooms 3.28 baths

Average Price by Bedrooms

2 bedrooms $500,271
3 bedrooms $714,180
4 bedrooms $1,127,112
5 bedrooms $1,260,024
Lakeway Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 190 168 173 186 194
Average Price $1,234,849 $1,275,057 $1,213,332 $1,203,247 $1,208,728
Avg Price Change -3.26% +5.09% +0.84% -0.46% -1.28%
Median Price $976,406 $977,452 $950,051 $894,187 $919,467
Med Price Change -0.11% +2.88% +6.25% -2.83% -0.73%
Avg Bedrooms 3.43 beds 3.5 beds 3.42 beds 3.43 beds 3.43 beds
Avg Bathrooms 3.3 baths 3.35 baths 3.26 baths 3.26 baths 3.27 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lake Travis 217 $1,144,241 132 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 222 $1,191,343 135 days
Multi-Million Dollar Homes 91 $1,877,128 133 days
Newly Built Homes 87 $1,110,078 209 days
Homes with a Pool 29 $1,510,861 92 days
Reduced Price Homes 17 $868,986 104 days