Active Listing  ·  194 days on market

402 Seawind St

Lakeway, TX 78734
$785,000
3 Bed 3 Bath 3,460 sqft $227/sqft Built 1977 0.16 acres 2-Car Garage Pool Lakeway Townhouses Amended

Discover this mid-century modern retreat perched above the 10th hole of Live Oak Golf Course in the heart of Old Lakeway. This architecturally distinct home captures the essence of MCM, blending clean lines, designer upgrades, and effortless indoor-outdoor living. Step inside to find three spacious bedroom suites, each with private en-suite baths—ideal for multigenerational living, guest space, or home offices. The open-concept main level features original wood beams, parquet flooring & 8’ wide wood burning fireplace w/stone surround. Original custom iron work fireplace screen, staircase & exterior railing. The tiered layout flows seamlessly to a private backyard overlooking the fairway, perfect for al fresco dining, morning coffee, or starlit evenings. Enjoy crystal-clear night skies and true Hill Country serenity. Optional membership at The Hills Country Club or Lakeway Resort & Spa offer access to world-class golf, tennis, fitness, & social amenities just minutes away. This rare mid-century modern beauty blends location, lifestyle, and architectural character.

New Italian Tile at kitchen, Bamboo flooring at entry & new plush carpeting on the stairs. Downstairs you’ll find wood-look porcelain tile flooring. A Chef’s dream kitchen awaits w/sleek leather-look tile backsplash, extensive upper & lower cabinets, upgraded hardware, under-cabinet lighting, & motion-sensor vent hood. RARE "walk out basement" in TX!

Upgrades include: 2024 Lennox variable-speed HVAC & Heat Pump upstairs unit, new attic ductwork (2024), air purification (both units) & Goodman condenser downstairs installed 2021. RainSoft soft-water and reverse osmosis system (with lifetime warranty). Renovated bathrooms w/designer fixtures & finishes, Primary shower w/dual rainforest shower heads, handheld sprayer and 3 jets, New exterior siding & fresh paint, Anderson Low-E 100 Series on all operable windows (2021). The Lakeway MUD sewer connection fee has already been paid.

At $227/sqft, this home is 31% 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

402 Seawind St, Lakeway, TX 78734

Property Details

Price $785,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 3,460 sqft
Lot Size 0.16 acres (6,769.22 sqft)
Year Built 1977
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeway Townhouses Amended
County Travis
Zip Code 78734
$/sqft $227/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,339
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT216150833
List Date March 13, 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.

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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 13, 2026 $849,500
Previous ask $795,000
Current ask $785,000
Reduced $64,500 (-7.6%) 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
116 Blue Clearing Way
Rough Hollow Sec 3 Condo
$789,000 $258 4 bd / 4 ba 3,057 sqft , 2026-08-01
623 Sunfish St
Lakeway Sec 04
$775,000 $334 3 bd / 3 ba 2,322 sqft , 2026-06-15
412 Eagle None
Lakeway
$799,000 $317 3 bd / 3 ba 2,522 sqft , 2026-07-31
122 Feritti Dr
Rough Hollow- East Rim
$745,000 $296 4 bd / 3 ba 2,520 sqft , 2026-09-06
124 Lakeway Dr
Lakeway Sec 01
$840,000 $331 3 bd / 3 ba 2,539 sqft , 2026-09-09

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
$3,768/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
$157,000
20% conventional investment loan

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

Estimated Gross Rent+$3,768
Principal + Interest−$4,284
Property Tax (~2.1% TX avg)−$1,374
Insurance (~0.5%)−$327
Est. Monthly Cash Flow $-2,217

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 15, 2026.

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