Active Listing  ·  282 days on market

109 White Sands Dr

Lakeway, TX 78734
$540,000
3 Bed 3 Bath 1,998 sqft $270/sqft Built 1984 0.33 acres 2-Car Garage Pool Lakeway Sec 26

Located on one of the most desirable streets in Lakeway, Texas and just around the corner from Yaupon Golf Course, this beautifully updated 3-bedroom, 2.5-bath home offers style, space, and freedom with no HOA. The open floor plan features gorgeous tile flooring throughout, creating a seamless and modern flow perfect for both everyday living and entertaining.

The spacious primary bedroom has been recently remodeled with fresh paint and new trim, offering a relaxing and updated retreat. Secondary bedrooms are generously sized and well-appointed.

Step outside to one of the best backyards in the area, featuring a large, private outdoor space with brand-new grass, a full sprinkler system, mature fruit trees, a luxurious hot tub, and a covered patio—perfect for outdoor dining, entertaining, or relaxing year-round. NEW HVAC put in 10/2026

Move-in ready and ideally located near golf, dining, and all that Lakeway has to offer, this home combines comfort, upgrades, and an unbeatable location.

At $270/sqft, this home is 17% below the Lakeway active market average of $327/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

109 White Sands Dr, Lakeway, TX 78734

Property Details

Price $540,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,998 sqft
Lot Size 0.33 acres (14,583.89 sqft)
Year Built 1984
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeway Sec 26
County Travis
Zip Code 78734
$/sqft $270/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,773.59
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT213941757
List Date December 15, 2025
Elementary School Lakeway
Middle School Lake Travis
High School Lake Travis
School District ,

Luke Allen (TREC #788149) has deep knowledge of Lakeway and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · December 15, 2025 $650,000
Previous ask $559,900
Current ask $540,000
Reduced $110,000 (-16.9%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Lakeway

Comparable Listings Right Now

Homes currently for sale in Lakeway with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
302 Seawind St
Seawind 03
$549,000 $282 3 bd / 2 ba 1,944 sqft , 2025-09-17
110 Blue Jay Dr
Lakeway Sec 16-D
$549,000 $265 3 bd / 2 ba 2,074 sqft , 2026-07-08
207 Fairlake Cir
Fairlake Condo, Lakeway
$549,900 $270 3 bd / 3 ba 2,039 sqft , 2026-07-01
1004 Biscayne Cv SW
Lakeway Sec 08
$555,000 $236 3 bd / 2 ba 2,347 sqft , 2026-09-18
223 The Hills Dr #3
Lakeside & Greens Condo
$569,900 $273 2 bd / 2 ba 2,086 sqft , 2026-04-28

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,592/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$108,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,592
Principal + Interest−$2,947
Property Tax (~2.1% TX avg)−$945
Insurance (~0.5%)−$225
Est. Monthly Cash Flow $-1,525

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Lakeway, TX

Lakeway sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Apple Campus (Domain) 30 min E
Downtown Austin 30 min E via 71
Westlake corridor 15 min E

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on September 2, 2026.

📞 (254) 718-2567 [email protected] More about Luke →