Active Listing  ·  139 days on market

403 Golf Crest Ln

Lakeway, TX 78734
$799,000
3 Bed 4 Bath 2,783 sqft $287/sqft Built 1993 0.14 acres 2-Car Garage Pool Lakeway Sec Clusters 28 05

Rare opportunity in the heart of Old Lakeway — a fully renovated, move-in ready home with panoramic views of Yaupon Golf Course and the Texas Hill Country. This exceptional 3-bedroom, office, 2 full and 2 half bath home has been meticulously upgraded from top to bottom, offering a lifestyle rarely found in Old Lakeway.

The chef's kitchen features custom quartz countertops, an enlarged custom island, KitchenAid induction cooktop, telescoping exhaust, tile backsplash, and a built-in bar with wine and beverage refrigerator — designed for both everyday living and entertaining on a grand scale. The soaring 20-foot ceilings in the main living room, anchored by a gas fireplace, open seamlessly to the dining area.

The primary suite on the main floor is a private retreat — Anderson doors to the back patio, spa-quality bath with designer glass shower, chandelier over the soaking tub, custom double vanity, and a bidet toilet. Upstairs, a spacious great room with spectacular views, a fully equipped wet bar, a guest suite, a third bedroom, and a private office — ideal for remote work or a 4th bedroom — provide room for family and guests.

Step outside to two covered patios featuring motorized remote-controlled sun shades — perfect for enjoying the sweeping golf course and valley sunset views in complete comfort. Golf cart accessible to Yaupon Golf Course, the Clubhouse, and the Activity Center.

No detail was overlooked: both AC units replaced in 2024 with Ecobee smart thermostats, Anderson windows throughout, new roof in 2016, instant hot water with recirculating pump, Culligan water softener, epoxy garage floor with custom storage, and Nest and Kwikset smart home security. Select furnishings negotiable — ask your agent for details.

Lake Travis ISD. No HOA. Low City of Lakeway taxes. Austin 20 miles. This is Lakeway living at its finest.

At $287/sqft, this home is 12% 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

403 Golf Crest Ln, Lakeway, TX 78734

Property Details

Price $799,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 2
Living Area 2,783 sqft
Lot Size 0.14 acres (6,194.23 sqft)
Year Built 1993
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeway Sec Clusters 28 05
County Travis
Zip Code 78734
$/sqft $287/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,602.43
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227545879
List Date May 7, 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 →

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 · May 7, 2026 $849,000
Current ask $799,000
Reduced $50,000 (-5.9%) 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 Confidence Cv
Lakeway Sec Clusters 28 05
$765,000 $248 4 bd / 4 ba 3,087 sqft , 2026-05-13
207 Spellbrook Ln
Lakeway Sec Clusters 28 02
$849,000 $263 3 bd / 3 ba 3,228 sqft , 2026-07-31
310 Golf Crest Ln
Lakeway Sec Clusters 28 05
$849,900 $379 3 bd / 3 ba 2,241 sqft , 2026-09-11
106 El Norte Ct
Lakeway Sec 26
$850,000 $322 4 bd / 3 ba 2,640 sqft , 2026-08-21
224 Hurst Creek Rd
Lakeway Sec 24-b
$739,900 $256 4 bd / 2 ba 2,888 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
$3,835/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
$159,800
20% conventional investment loan

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

Estimated Gross Rent+$3,835
Principal + Interest−$4,360
Property Tax (~2.1% TX avg)−$1,398
Insurance (~0.5%)−$333
Est. Monthly Cash Flow $-2,256

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 14, 2026.

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