Active Listing  ·  14 days on market

224 Hurst Creek Rd

Lakeway, TX 78734
$739,900
4 Bed 2 Bath 2,888 sqft $256/sqft Built 1984 0.35 acres 2-Car Garage Pool Lakeway Sec 24-b

Set against a peaceful greenbelt backdrop in the heart of Lakeway, this home offers generous living spaces, thoughtful updates and a private backyard designed for enjoying the Lakeway lifestyle.

Inside, the spacious floor plan features two oversized living areas, light-filled bedrooms and comfortable separation between spaces. A generous bar and entertaining area anchored by a wood-burning fireplace creates a natural gathering space. The fourth bedroom offers versatility as a home office, fitness room, nursery or guest suite, with its own screened porch.

The expansive owner’s suite features two large closets and an oversized bath with a soaking tub. Updated windows and doors bring in abundant natural light, while freshly painted cabinetry and interior doors give the home a fresh feel. Additional highlights include a durable concrete tile roof and brand-new beverage refrigerator in the kitchen.

Outside, the backyard is a private escape, backing to the greenbelt with a sparkling pool and hot tub surrounded by multiple areas for relaxing, dining and entertaining. A covered sitting area and screened porch provide shade, while direct access to a greenbelt trail makes it easy to enjoy a walk or explore the neighborhood.

Just minutes from Lake Travis and Lakeway Marina, the home offers easy access to boating, paddle boarding and days on the water. Lakeway City Park, Hamilton Greenbelt, the Lakeway Swim Center and Activity Center offer additional recreation, while shopping, dining and entertainment at Hill Country Galleria are nearby.

Zoned to highly regarded Lake Travis ISD, this home offers a rare combination of flexible living spaces, a private outdoor setting and easy access to everything that makes the Lakeway lifestyle so appealing.

At $256/sqft, this home is 22% 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

224 Hurst Creek Rd, Lakeway, TX 78734

Property Details

Price $739,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,888 sqft
Lot Size 0.35 acres (15,206.8 sqft)
Year Built 1984
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeway Sec 24-b
County Travis
Zip Code 78734
$/sqft $256/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246269852
List Date September 9, 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
113 Indian Bend Dr
Lakeway Sec 29
$730,000 $258 3 bd / 4 ba 2,833 sqft , 2026-05-27
1918 Lakeway Blvd
Lakeway Sec 22
$759,000 $249 5 bd / 4 ba 3,051 sqft , 2026-03-30
201 Crescent Blf
Cedar Glen Sec 01
$764,999 $267 4 bd / 4 ba 2,860 sqft , 2026-05-23
106 Confidence Cv
Lakeway Sec Clusters 28 05
$765,000 $248 4 bd / 4 ba 3,087 sqft , 2026-05-13
606 Explorer None
Lakeway Sec 29
$705,000 $292 3 bd / 3 ba 2,413 sqft , 2025-05-23

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
$3,552/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
$147,980
20% conventional investment loan

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

Estimated Gross Rent+$3,552
Principal + Interest−$4,038
Property Tax (~2.1% TX avg)−$1,295
Insurance (~0.5%)−$308
Est. Monthly Cash Flow $-2,089

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 20, 2026.

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