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  • Cypress, TX 77433
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Lake Travis Hill Country Suburb

About Lakeway, TX

Welcome to Lakeway, a lakeside city on the south shore of Lake Travis that grew from a resort and second-home retreat into one of the Hill Country's most sought-after Austin suburbs.

Lakeway occupies the southern shore of Lake Travis in western Travis County, Texas, in the Hill Country about 25 miles west of downtown Austin. The city lies in the corridor framed by Ranch to Market Road 620, State Highway 71, and Bee Creek Road, placing it near the heart of the Lake Travis area while keeping downtown Austin within commuting range. The lake itself — a long, winding impoundment of the Colorado River and one of the Texas Highland Lakes — defines the community's geography, its recreation, and much of its identity. Lakeway's origins set it apart from most Austin suburbs. The community was founded as a retirement and second-home destination built around the lake, and for decades it functioned as a resort-style enclave of golfers, boaters, and seasonal residents. Over time, that base broadened as families were drawn by Lake Travis ISD's schools, the area's parks and trails, and the appeal of year-round lakeside living. The city today retains the polished, amenity-rich character of its origins while functioning as a full-time residential community. The city manages an unusually strong portfolio of public amenities for its size, with roughly 100 acres of parkland and trails and nearly 500 acres of greenbelts threaded through and around its neighborhoods. Golf courses, tennis facilities, a swim center, and marina access reflect the community's resort heritage, and Lake Travis itself remains the centerpiece of daily recreation. Lakeway appeals to households who want Hill Country scenery, lake access, and highly regarded schools without surrendering the convenience of Austin. Its residents range from longtime retirees to young families, and the area's blend of waterfront properties, gated golf-course communities, and established hillside neighborhoods gives the city a distinct, upscale suburban character on the edge of the Texas Hill Country.

Population 19,189
County Travis
Active Listings 298

Frequently Asked Questions

Where is Lakeway located?

Lakeway is in western Travis County, Texas, on the south shore of Lake Travis. The city lies about 25 miles west of downtown Austin, in the corridor framed by Ranch to Market Road 620 and State Highway 71.

What county is Lakeway in?

Lakeway is in Travis County, Texas, in the Texas Hill Country west of the state capital. Travis County is home to the city of Austin, which serves as both the county seat and the state capital, about 25 miles to the east of Lakeway.

What school district serves Lakeway?

Most of Lakeway is served by the Lake Travis Independent School District, which includes Lake Travis High School and several area elementary campuses. A few nearby neighborhoods are served by the Leander Independent School District instead.

What is Lake Travis?

Lake Travis is a reservoir on the Colorado River and one of the Texas Highland Lakes. It stretches for many miles through the Hill Country west of Austin and is the centerpiece of recreation in the Lakeway area.

How far is Lakeway from downtown Austin?

Lakeway is about 25 miles west of downtown Austin, reached via Ranch to Market Road 620, the 183 corridor, or State Highway 71. Commute times can lengthen at peak hours, a familiar trade-off for lakeside living.

City Guide

About Lakeway

Real Estate & Housing

Lakeway's housing reflects its evolution from lakeside resort to full-time suburb. The city holds a broad mix of established single-family homes on tree-covered hillside lots, golf-course and master-planned communities, and a significant stock of waterfront and lake-view properties along Lake Travis. Early construction favored second-home and retirement-oriented styles, while later phases added larger family homes and estate properties. Condominiums and townhomes cluster near the lake and resort amenities. Because much of the city is built into Hill Country terrain, lot sizes and setbacks vary widely from street to street, giving neighborhoods a varied, often wooded, low-density feel.

Neighborhoods

Lakeway's neighborhoods trace a progression from the lake outward. The original lakefront core, near the marina, resort, and the early golf courses, holds many of the city's waterfront homes and condominium properties. The Hills of Lakeway, a large master-planned golf community, occupies a prominent upland setting with its own course and amenities. Newer hillside and hilltop subdivisions, including the area around Serene Hills Elementary School, add family-oriented homes with Hill Country views. The result is a city of distinct districts — lakefront, golf-course, and hilltop — rather than a single uniform housing pattern.

Lifestyle in Lakeway

Lakeway pairs the leisure of lake life with the polish of a resort-founded community. Boating, fishing, paddleboarding, and lakeside entertaining set the recreational tone, while golf, tennis, swimming, and a network of trails round out the active lifestyle. The Lakeway Resort and Spa, a full-service hotel on the lake, anchors hospitality and events. Dining and shopping in Lakeway are convenient and locally oriented, with the broader offerings of Bee Cave, the Hill Country Galleria, and downtown Austin a short drive away. Community events, youth sports, and a strong parks program keep the city lively for families and retirees alike.

Schools & Education

Most of Lakeway falls within Lake Travis Independent School District, one of the Hill Country's most sought-after districts. Campuses serving the area include Lake Travis High School, Lakeway Elementary, and Serene Hills Elementary, among others, with some nearby neighborhoods served by Leander ISD. The district's reputation is a principal draw for families relocating to the Lake Travis area, and its schools are tightly woven into the community's identity. Private and preschool options add further choice for younger children.

Getting Around

Lakeway sits between Ranch to Market Road 620, which runs along the city's eastern edge toward Austin, and State Highway 71 to the south, the corridor leading to the Hill Country and toward Austin-Bergstrom International Airport. Commuters typically reach downtown Austin in about 25 miles via RM 620, the 183 corridor, or Highway 71. The area is car-dependent, and most residents drive to employment centers in Austin, Bee Cave, and the surrounding Hill Country. The city's position west of Austin means commutes can lengthen at peak hours, a familiar trade-off for lakeside living.

Parks & Recreation

Lake Travis is Lakeway's defining recreational asset — a long impoundment of the Colorado River and one of the Texas Highland Lakes, offering boating, water skiing, wake sports, and fishing across its many coves and channels. On land, the city maintains roughly 100 acres of parkland and trails plus nearly 500 acres of greenbelts, alongside golf at The Clubs at Lakeway and The Hills of Lakeway. The Lakeway Swim Center, tennis courts, and a skate park add year-round facilities. The surrounding Hill Country extends recreation further, with parks, wineries, and open space throughout the Lake Travis region.

MARKET SNAPSHOT

The Market at a Glance

How homes have been selling here over the last 90 days.

home_work New This Week 10
Went Under Contract 3
trending_down Price Reductions 0
payments Median Sale Price $720,000 -2.7%
square_foot Price per Sq Ft $296
schedule Avg Days on Market 79
sell Homes Sold 83
percent Sale-to-List Ratio 97.0%
inventory_2 Months of Inventory 5.3

Price & Sales History

Market data reflects closed sales over the last 90 days and is provided for informational purposes.

For sale

Houses in Lakeway, TX

Handpicked properties hitting the scene in your area.

8711 Silver Crest Lane Pending
$595,000
8711 Silver Crest LaneMissouri City, TX 77459
  • 4 bd
  • 3.5 ba
  • 3703 sqft
  • Built 2020
  • 60332520
208 Dogwood Circle For Sale
$264,000
208 Dogwood CircleIvanhoe, TX 75979
  • 4 bd
  • 2 ba
  • 2378 sqft
  • Built 1980
  • 34711999
2719 Windchase Boulevard For Sale
$379,000
2719 Windchase BoulevardHouston, TX 77082
  • 5 bd
  • 2.5 ba
  • 2853 sqft
  • Built 1978
  • 85780427
21558 Duke Alexander Drive For Rent
$2,000
21558 Duke Alexander DriveKingwood, TX 77339
  • 3 bd
  • 2 ba
  • 1881 sqft
  • Built 2006
  • 89618636
22939 Spring Willow Drive For Sale
$309,900
22939 Spring Willow DriveTomball, TX 77375
  • 4 bd
  • 2 ba
  • 1830 sqft
  • Built 1978
  • 78039275
4019 Whitman Street For Sale
$1,619,950
4019 Whitman StreetHouston, TX 77027
  • 4 bd
  • 3.5 ba
  • 4092 sqft
  • Built 2004
  • 30669776
13929 North Lake Branch Lane For Sale
$525,000
13929 North Lake Branch LaneHouston, TX 77044
  • 4 bd
  • 3.5 ba
  • 4181 sqft
  • Built 2014
  • 72096600
145 Pine Hollow Lane For Rent
$1,050
145 Pine Hollow LaneHuntsville, TX 77320
  • 2 bd
  • 1 ba
  • 900 sqft
  • 22935258
7014 Spruce View Court For Sale
$330,000
7014 Spruce View CourtRichmond, TX 77407
  • 4 bd
  • 2 ba
  • 2367 sqft
  • Built 2009
  • 33045903
7014 Spruce View Court For Rent
$2,250
7014 Spruce View CourtRichmond, TX 77407
  • 4 bd
  • 2 ba
  • 2367 sqft
  • Built 2009
  • 36634722
5728 Petty Street For Rent
$3,200
5728 Petty StreetHouston, TX 77007
  • 3 bd
  • 2.5 ba
  • 2535 sqft
  • Built 2007
  • 74658079
110 S Woodsway Street W For Sale
$475,000
110 S Woodsway Street WConroe, TX 77301
  • 4 bd
  • 2.5 ba
  • 3341 sqft
  • Built 1956
  • 95382612

For sale

Townhomes in Lakeway, TX

Handpicked properties hitting the scene in your area.

1615 Rustling Creek Drive For Rent
$2,650
1615 Rustling Creek DriveMissouri City, TX 77459
  • 3 bd
  • 2.5 ba
  • 1908 sqft
  • Built 2023
  • 67275025
2206 Avenue M #C For Rent
$1,100
2206 Avenue M #CRosenberg, TX 77471
  • 2 bd
  • 1 ba
  • 1731 sqft
  • Built 1960
  • 17304606
4357 Elmwood Street #A For Rent
$1,825
4357 Elmwood Street #AHouston, TX 77051
  • 2 bd
  • 2.5 ba
  • 650 sqft
  • Built 1950
  • 18664073
10811 Richmond Avenue #22 For Sale
$118,500
10811 Richmond Avenue #22Houston, TX 77042
  • 2 bd
  • 2 ba
  • 1068 sqft
  • Built 1980
  • 44093623
23815 Pebworth Place For Rent
$1,800
23815 Pebworth PlaceSpring, TX 77373
  • 3 bd
  • 2.5 ba
  • 1540 sqft
  • Built 2005
  • 72406998
2936 Rusk Street For Sale
$449,000
2936 Rusk StreetHouston, TX 77003
  • 3 bd
  • 3.5 ba
  • 2349 sqft
  • Built 2017
  • 79007754
2100 Tanglewilde Street #422 For Sale
$112,000
2100 Tanglewilde Street #422Houston, TX 77063
  • 1 bd
  • 1 ba
  • 919 sqft
  • Built 1969
  • 62786623
1330 Old Spanish Trail #1103 For Sale
$145,000
1330 Old Spanish Trail #1103Houston, TX 77054
  • 1 bd
  • 1 ba
  • 726 sqft
  • Built 1995
  • 40795801
1045 W 22nd Street #K For Sale
$445,000
1045 W 22nd Street #KHouston, TX 77008
  • 3 bd
  • 3 ba
  • 2318 sqft
  • Built 2009
  • 44911766
22 Ancestry Stone Place For Sale
$429,900
22 Ancestry Stone PlaceMagnolia, TX 77354
  • 3 bd
  • 2.5 ba
  • 2181 sqft
  • Built 2017
  • 34650749
6718 Belmont Street For Sale
$2,100,000
6718 Belmont StreetHouston, TX 77005
  • 3 bd
  • 3.5 ba
  • 3450 sqft
  • Built 2026
  • 2570249
736 Country Place Drive #I Coming Soon
$227,000
736 Country Place Drive #IHouston, TX 77079
  • 2 bd
  • 2.5 ba
  • 1440 sqft
  • Built 1983
  • 87070540

For sale

Condos in Lakeway, TX

Handpicked properties hitting the scene in your area.

1111 Bering Drive #1205 For Sale
$375,000
1111 Bering Drive #1205Houston, TX 77057
  • 2 bd
  • 2 ba
  • 1443 sqft
  • Built 1981
  • 54624914
915 Franklin Street #8B For Sale
$250,000
915 Franklin Street #8BHouston, TX 77002
  • 1 bd
  • 1 ba
  • 886 sqft
  • Built 1997
  • 17920477
4819 Caroline Street #111 For Sale
$210,000
4819 Caroline Street #111Houston, TX 77004
  • 1 bd
  • 1 ba
  • 602 sqft
  • Built 2019
  • 75116091
915 Franklin Street #9I Coming Soon
$323,000
915 Franklin Street #9IHouston, TX 77002
  • 1 bd
  • 1 ba
  • 917 sqft
  • Built 1997
  • 64411920
1441 East Street #107 Coming Soon
$235,000
1441 East Street #107Houston, TX 77007
  • 1 bd
  • 1 ba
  • 744 sqft
  • Built 2003
  • 8240474
511 S Post Oak Lane #6D For Sale
$999,000
511 S Post Oak Lane #6DHouston, TX 77056
  • 4 bd
  • 4.5 ba
  • 4390 sqft
  • Built 2003
  • 79051656
1900 Genesee Street #204 For Sale
$289,500
1900 Genesee Street #204Houston, TX 77006
  • 2 bd
  • 2 ba
  • 1063 sqft
  • Built 2005
  • 36135431
1901 Post Oak Boulevard #4103 For Sale
$235,000
1901 Post Oak Boulevard #4103Houston, TX 77056
  • 1 bd
  • 1 ba
  • 1031 sqft
  • Built 2003
  • 6566422
7700 Seawall Boulevard #702 For Sale
$325,000
7700 Seawall Boulevard #702Galveston, TX 77551
  • 2 bd
  • 2 ba
  • 983 sqft
  • Built 1985
  • 94176563
2001 Holcombe Boulevard #3303 For Sale
$462,500
2001 Holcombe Boulevard #3303Houston, TX 77030
  • 2 bd
  • 2 ba
  • 1250 sqft
  • Built 1983
  • 94151393
1901 Post Oak Boulevard #4507 For Sale
$225,000
1901 Post Oak Boulevard #4507Houston, TX 77056
  • 1 bd
  • 1 ba
  • 718 sqft
  • Built 2003
  • 9248561
3614 Montrose Boulevard #900 For Sale
$220,000
3614 Montrose Boulevard #900Houston, TX 77006
  • 2 bd
  • 2 ba
  • 1078 sqft
  • Built 1964
  • 91079243

Zip Codes

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01 home for saleMedian sale$295K1 sale in the last 90 days
000002 homes for saleMedian sale$370KPer sq ft$199 sales in the last 90 days
189341 home for saleMedian sale$700KPer sq ft$2741 sale in the last 90 days
306737 homes for saleMedian sale$192KPer sq ft$7814 sales in the last 90 days
349491 home for saleMedian sale$416.3KPer sq ft$35714 sales in the last 90 days
349501 home for saleMedian sale$180KPer sq ft$1547 sales in the last 90 days
716011 home for saleMedian sale$295K
716032 homes for saleMedian sale$125KPer sq ft$641 sale in the last 90 days
7163811 homes for saleMedian sale$295K
717015 homes for saleMedian sale$295K
717306 homes for saleMedian sale$295K
717533 homes for saleMedian sale$217.5KPer sq ft$1111 sale in the last 90 days
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