Active Listing  ·  16 days on market

214 Darwins Way

Lakeway, TX 78734
$549,000
3 Bed 3 Bath 2,388 sqft $230/sqft Built 2016 0.18 acres 2-Car Garage Pool Vistas at Lakeway

Welcome to 214 Darwins Way, a pristine Lakeway condo offering stunning canyon and treetop views, thoughtful updates, and an abundance of natural light. The gourmet kitchen features stainless steel appliances, quartz countertops, and custom cabinetry, opening seamlessly to the dining area and expansive living room. Floor-to-ceiling windows frame peaceful views of the surrounding trees and preservation land.

Beautifully updated throughout, the condo features upgraded flooring, modern lighting fixtures, cool-neutral paint tones, and a built-in sound system with speakers in the living room, upstairs media room, and back patio. The spacious primary suite enjoys serene treetop views and features a large bathroom and walk-in closet.

The secondary bedroom on the main level is truly one-of-a-kind, featuring custom wall-to-wall bookshelves that cleverly open to reveal a queen-size Murphy bed, along with a convenient drop-down desk—an ideal setup for guests, an office, or a flexible living space.

Upstairs, enjoy a second living area, additional bedroom, and full bath, providing plenty of space and privacy. Residents of The Vistas at Lakeway enjoy an array of amenities maintained by the HOA, including a pool, fitness center, outdoor grill, and clubhouse. The HOA also includes water, trash, basic cable and internet, landscaping, and exterior structural maintenance.

Conveniently located just two minutes from H-E-B and Lakeway's shops and restaurants, with easy access to trails and Lakeway Marina. Less than 10 minutes to Bee Cave and the Hill Country Galleria, approximately 30 minutes to downtown Austin and major tech campuses. Located in the highly acclaimed Lake Travis ISD, this exceptional home offers a wonderful opportunity to enjoy the best of Lakeway and the Texas Hill Country.

At $230/sqft, this home is 30% 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

214 Darwins Way, Lakeway, TX 78734

Property Details

Price $549,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,388 sqft
Lot Size 0.18 acres (8,010.68 sqft)
Year Built 2016
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Vistas at Lakeway
County Travis
Zip Code 78734
$/sqft $230/sqft
Days on Market ,
HOA $570/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246064105
List Date September 7, 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.

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
210 Versilia Cir
Villas at Tuscan Village Amd
$599,000 $332 2 bd / 2 ba 1,805 sqft , 2026-08-21
34 Cypress Knee Ln
Courtyard At Preserve Condo T
$475,000 $223 4 bd / 3 ba 2,133 sqft , 2026-06-15
23 Stone Terrace Dr
Terrace At The Preserve Condom
$472,500 $203 3 bd / 3 ba 2,332 sqft , 2026-04-22
112 Aria Rdg
Enclave at Alta Vista
$469,500 $211 3 bd / 3 ba 2,220 sqft , 2026-04-17
15315 Origins Ln
Vistas At Lakeway Condo
$450,000 $210 3 bd / 3 ba 2,146 sqft , 2026-04-25

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 19, 2026.

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