Active Listing  ·  177 days on market

1918 Lakeway Blvd

Lakeway, TX 78734
$759,000
5 Bed 4 Bath 3,051 sqft $249/sqft Built 1988 0.33 acres 2-Car Garage Pool Lakeway Sec 22

30K+ PRICE DROP! Classic "Old Lakeway" home on the Yaupon Golf Course on a large .33 Acre lot with views of 18th Fairway from the covered back patio, upper balcony & most rooms in the home. Open & bright floorplan with a huge chef's kitchen, large breakfast area, elegant dining room, a large living space downstairs with wood fireplace & game room upstairs with a balcony overlooking the Yaupon Golf Course. The spacious master is on the main level & features newly installed wood flooring, dual master closets, and doors out to the back patio with serene golf course views. Four additional bedrooms upstairs flank the large & open game room and share two full baths- one on either side. Enjoy the convenient circle driveway out front, with the garage entrance around the corner on Royal Oak and an extended paved drive for multiple vehicles. Lakeway offers an abundance of amenities: tennis, golf, community pool, hiking trails and shopping, entertainment and dining at the Hill Country Galleria. Incredibly low tax rate of 1.8% and NO HOA fees- what an outstanding value in Lake Travis ISD!

At $249/sqft, this home is 24% 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

1918 Lakeway Blvd, Lakeway, TX 78734

Property Details

Price $759,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 3,051 sqft
Lot Size 0.33 acres (14,374.8 sqft)
Year Built 1988
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeway Sec 22
County Travis
Zip Code 78734
$/sqft $249/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,324.72
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223431012
List Date March 30, 2026
Elementary School Lake Travis
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.

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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 · March 30, 2026 $825,000
Previous ask $790,000
Current ask $759,000
Reduced $66,000 (-8.0%) 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
106 Confidence Cv
Lakeway Sec Clusters 28 05
$765,000 $248 4 bd / 4 ba 3,087 sqft , 2026-05-13
224 Hurst Creek Rd
Lakeway Sec 24-b
$739,900 $256 4 bd / 2 ba 2,888 sqft , 2026-09-09
209 El Rio Dr
Lakeway Sec 26
$699,000 $272 4 bd / 3 ba 2,572 sqft , 2026-04-27
106 El Norte Ct
Lakeway Sec 26
$850,000 $322 4 bd / 3 ba 2,640 sqft , 2026-08-21
220 Clubhouse Dr
Lakeway
$865,000 $301 4 bd / 4 ba 2,870 sqft , 2026-06-02

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
$3,643/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
$151,800
20% conventional investment loan

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

Estimated Gross Rent+$3,643
Principal + Interest−$4,142
Property Tax (~2.1% TX avg)−$1,328
Insurance (~0.5%)−$316
Est. Monthly Cash Flow $-2,143

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 August 3, 2026.

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