Active Listing  ·  113 days on market

220 Clubhouse Dr

Lakeway, TX 78734
$865,000
4 Bed 4 Bath 2,870 sqft $301/sqft Built 2005 0.31 acres 3-Car Garage Pool Lakeway

PRICED TO SELL! This home shows much better in person than in pictures, a true joy!

Morning rounds on the GOLF COURSE meet complete backyard seclusion in this single-family home w/ 3 CAR GARAGE! Incredibly PRIVATE w mature trees, open golf course views without sacrificing your peace & quiet! Inside, the main level keeps things simple and accessible with 2 bedrooms downstairs, including the primary suite, and 2 more upstairs. The main living space is where everyone naturally gathers, featuring high ceilings, a fireplace, a reclaimed wood accent and a built-in bar. It flows right into the kitchen, which is set up perfectly for anyone who loves to cook and entertain, featuring a large center island, wine storage, and updated KitchenAid appliances like a built-in oven and warming drawer. TWO OVERSIZED GLASS DOORS PULL THE OUTSIDE IN, leading directly to the HUGE SCREENED-IN BACK PATIO. This space easily acts as a SECOND LIVING ROOM fully equipped with an OUTDOOR KITCHEN, an industrial grill, and a mini fridge so you never have to run inside for refills. The backyard feels like a quiet slice of the Texas Hill Country, with plenty of shade trees, a playscape, and NO BACK NEIGHBORS! Upstairs, one BEDROOM opens up to a HUGE BALCONY W VIEWS that look over the lawn, with its own staircase leading down to the outdoor patio. The current owners put a lot of care into preparing this home for its next chapter, finishing an extensive list of updates in May 2026. You will notice fresh paint inside and out, all new light fixtures, restained exterior woodwork, and a completely refreshed front entry door. Storage is also a non-issue here; the oversized 3-car garage has plenty of room for a workshop, gym or golf cart, and the long driveway accommodates multiple cars with ease. Living here means you are part of a tight-knit, golf-cart-friendly Lakeway community where friendly neighbors wave, the schools are exceptional, and local parks and walking trails are just a quick cruise away.

At $301/sqft, this home is 8% 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

220 Clubhouse Dr, Lakeway, TX 78734

Property Details

Price $865,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 2
Living Area 2,870 sqft
Lot Size 0.31 acres (13,699.62 sqft)
Year Built 2005
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeway
County Travis
Zip Code 78734
$/sqft $301/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $13,369.73
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232185201
List Date June 2, 2026
Elementary School Lakeway
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 · June 2, 2026 $899,999
Current ask $865,000
Reduced $34,999 (-3.9%) 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
106 El Norte Ct
Lakeway Sec 26
$850,000 $322 4 bd / 3 ba 2,640 sqft , 2026-08-21
310 Golf Crest Ln
Lakeway Sec Clusters 28 05
$849,900 $379 3 bd / 3 ba 2,241 sqft , 2026-09-11
207 Spellbrook Ln
Lakeway Sec Clusters 28 02
$849,000 $263 3 bd / 3 ba 3,228 sqft , 2026-07-31
308 Cedar Hurst Ln
Round Mountain
$890,000 $451 3 bd / 3 ba 1,974 sqft , 2025-10-28
403 Golf Crest Ln
Lakeway Sec Clusters 28 05
$799,000 $287 3 bd / 4 ba 2,783 sqft , 2026-05-07

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
$4,152/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
$173,000
20% conventional investment loan

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

Estimated Gross Rent+$4,152
Principal + Interest−$4,721
Property Tax (~2.1% TX avg)−$1,514
Insurance (~0.5%)−$360
Est. Monthly Cash Flow $-2,443

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 21, 2026.

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