Active Listing  ·  77 days on market

110 Blue Jay Dr

Lakeway, TX 78734
$549,000
3 Bed 2 Bath 2,074 sqft $265/sqft Built 1987 0.33 acres 2-Car Garage Pool Lakeway Sec 16-D

Located in the heart of Lakeway, this single-story home offers a rare opportunity to enjoy one of the area's most cherished settings, where mature trees, abundant wildlife, and a relaxed pace of life define the neighborhood. Just beyond your doorstep, miles of hike and bike trails invite you to enjoy the natural beauty and outdoor lifestyle that make Old Lakeway so special. Comfortable and well maintained, the home is ready to enjoy today while offering the perfect canvas for those who want to update and personalize it over time.

Inside, vaulted ceilings and a beautiful fireplace define the open living and dining spaces, where expansive windows fill the home with natural light and overlook the lush backyard. The kitchen offers ample cabinet storage, stainless steel appliances, and is positioned between the formal dining room and breakfast area.

Multiple access points lead to the covered deck, including a private entrance from the primary suite.

The spacious primary suite features backyard views, direct outdoor access, a walk-in closet, and built-in shelving. Two secondary bedrooms share a nearby full bath. Lovingly maintained over the years, the home is comfortable and inviting today while offering an exceptional opportunity to create a home that reflects your style.

Outdoor living is equally inviting, with a covered deck overlooking a lush, fully fenced backyard designed for entertaining and everyday enjoyment. Whether gathering with family and friends, enjoying a quiet morning coffee, or unwinding at the end of the day, the backyard feels like a private retreat. As evening settles in, deer often make an appearance, adding to the charm of this special pocket of Lakeway.

Located within acclaimed Lake Travis ISD and just minutes from Lake Travis, golf, dining, shopping, and medical facilities, this home offers the timeless appeal of Old Lakeway living with the opportunity to create your dream home in one of Lakeway's most desirable neighborhoods.

At $265/sqft, this home is 19% 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

110 Blue Jay Dr, Lakeway, TX 78734

Property Details

Price $549,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,074 sqft
Lot Size 0.33 acres (14,239.76 sqft)
Year Built 1987
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeway Sec 16-D
County Travis
Zip Code 78734
$/sqft $265/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,737
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238360666
List Date July 8, 2026
Elementary School Serene Hills
Middle School Hudson Bend
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 →

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
207 Fairlake Cir
Fairlake Condo, Lakeway
$549,900 $270 3 bd / 3 ba 2,039 sqft , 2026-07-01
103 Rivalto Cir #1
Townhomes At Tuscan Village
$545,000 $362 2 bd / 2 ba 1,507 sqft , 2026-05-22
1004 Biscayne Cv SW
Lakeway Sec 08
$555,000 $236 3 bd / 2 ba 2,347 sqft , 2026-09-18
109 White Sands Dr
Lakeway Sec 26
$540,000 $270 3 bd / 3 ba 1,998 sqft , 2025-12-15

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
$2,635/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
$109,800
20% conventional investment loan

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

Estimated Gross Rent+$2,635
Principal + Interest−$2,996
Property Tax (~2.1% TX avg)−$961
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,551

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

More Luxury Homes in Lakeway

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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 12, 2026.

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