Lakeway, TX · Lake Travis · 78734

Lakeway —
60 Years of Lake Living,
28 Miles from Downtown

Austin's most established lake community. Golf courses, a city marina, public boat ramp, 50+ years of mature trees and neighborhood character — and Lake Travis ISD schools that draw families from across the metro.

78734
ZIP Code
~28mi
From Downtown Austin
$500K+
Starting Price
LTISD
Lake Travis ISD
Luke Allen — Austin Real Estate Agent, Lakeway TX Specialist
Your Agent

Luke Allen

Austin Real Estate Agent · Lakeway & Lake Travis Corridor Specialist

TREC License 788149 · (254) 718-2567 · luke@austintxhomes.co

Six Decades of Lakeside Community

Lakeway was one of Austin's first planned lake resort communities — founded in the 1960s when Lake Travis was a weekend destination, not a commuter corridor. That history gives it something newer communities can't buy: mature trees, established infrastructure, and a genuine sense of place.

Water Access

City Park & Marina

Lakeway City Park provides a public boat ramp with direct Lake Travis access for all city residents. Lakeway Marina offers boat storage, slip rentals, and full lake services. Between the two, Lakeway delivers comprehensive lake access across the community — not just for waterfront property owners.

Golf

Multiple Courses

Lakeway has long been Austin's western golf destination. The Yaupon and Live Oak courses at The Hills of Lakeway are among the most established in the area. Flintrock Falls, a Jack Nicklaus Signature Design, adds a premier option. Golf course-fronting homes are available across multiple price points throughout the community.

Schools

Lake Travis ISD

Lake Travis High School consistently ranks among the top public high schools in Texas. The district has strong academics, athletics, and a well-funded extracurricular program. For families relocating to the Austin area, LTISD is often the deciding factor — and Lakeway sits squarely within the district with convenient school access throughout the community.

Recreation

Hamilton Greenbelt

The Hamilton Greenbelt provides miles of hike-and-bike trails along Hamilton Creek as it flows into Lake Travis. Limestone creek beds, swimming holes, and canyon terrain — right in the city's backyard. One of the most underrated natural amenities in the western Austin corridor.

Lifestyle

Full City Services

As an incorporated city, Lakeway has its own government, police department, parks department, and public infrastructure. Multiple shopping centers, restaurants, medical facilities, and professional services within the city limits mean residents rarely need to leave for everyday needs.

Character

Mature Neighborhood

60+ years of growth means mature tree canopy, established street layouts, and the kind of organic neighborhood character that master-planned communities take decades to develop. Lakeway feels settled in a way that newer western corridor communities simply don't yet — and that matters to a specific kind of buyer.

About the Community

What Buyers Need to Know About Lakeway

Lakeway is a complete city — not a subdivision, not a master-planned development, but an incorporated municipality with its own identity and governance. That distinction matters practically: city services are well-established, infrastructure is maintained, and property values benefit from the stability that comes with a functioning city government and police presence.

The community has expanded significantly over the past decade. The greater Lakeway area now encompasses adjacent developments like Rough Hollow, Serene Hills, and The Hills of Lakeway — each with their own character and price point, but all sharing the same LTISD schools, lake access infrastructure, and western corridor location.

For buyers comparing Lakeway to Steiner Ranch, the key differences are age and character. Steiner Ranch is newer and more comprehensively planned; Lakeway is older, more organically developed, and has a more varied housing stock. Both share the LTISD advantage and Lake Travis access, but they feel distinctly different on the ground.

  • Incorporated city — own government, police, parks department
  • Lake Travis ISD — Lake Travis High School, top-ranked in Texas
  • City Park boat ramp and Lakeway Marina for lake access
  • Multiple golf courses — Yaupon, Live Oak, Flintrock Falls
  • Hamilton Greenbelt hike-and-bike trails
  • 60+ year mature neighborhood character
  • 28 miles from downtown Austin, ~20 min to Domain/Arboretum
  • Full retail, dining, and medical services within city limits

Where to Buy in the Lakeway Area

The greater Lakeway area encompasses several distinct sub-communities. Here's how they differ in character, price, and buyer profile.

$500K – $950K

City of Lakeway Core

The original Lakeway development — established streets, mature trees, varied architecture from the 70s through 2000s. Best value access to the city's amenities and schools. Popular with families and move-up buyers.

$700K – $1.4M

The Hills of Lakeway

Golf course community with Yaupon and Live Oak courses. Larger lots, more defined neighborhood identity. Many homes overlook fairways. Strong resale demand from golf-lifestyle buyers.

$800K – $1.8M

Rough Hollow

Newer master-planned development within the Lakeway area — yacht club, resort-style pools, trails, and more modern construction. Attracts buyers who want newer finishes and full amenity infrastructure alongside LTISD.

$600K – $1.2M

Serene Hills

Newer subdivision on the northern edge of the Lakeway area with hill country views and modern builds. Family-oriented with good school access. More affordable entry into the greater Lakeway LTISD market.

$1.2M – $3M+

Waterfront & Lake View

True Lake Travis waterfront within Lakeway is rare and commands a significant premium. Lake-view properties on elevated terrain are more available at $1.2M–$2M. Both offer the most direct lake lifestyle access in the market.

$550K – $900K

Flintrock at The Hills

Flintrock Falls Jack Nicklaus course community. Mix of established and newer homes, golf course views, and proximity to both Lakeway retail and the broader LTISD school system.

Current Listings

Lakeway TX Homes for Sale

Active listings in Lakeway and the 78734 ZIP code, pulled live from the Austin MLS and updated daily.

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Luke Allen — Austin Real Estate Agent, Lakeway TX

Luke Allen — Lakeway & Lake Travis Corridor Specialist

Lakeway is one of the most efficiently priced markets in the western Austin corridor — buyers are well-researched, inventory turns over regularly, and the community's 60-year track record gives you a clear read on long-term value. That combination makes it a strong market for both buyers and sellers who know how to navigate it.

I work the Lake Travis corridor regularly: Lakeway, Steiner Ranch, Briarcliff, Spicewood. I know which sub-neighborhoods are appreciating fastest, where the golf course-fronting value plays are, and when to move quickly versus when to hold and negotiate. If you're a family relocating for LTISD schools, I can walk you through each sub-community and what each one delivers for your specific situation.

If you're selling in Lakeway, I know this buyer pool intimately — and I know how to position your home against the comparable inventory to get you the best possible outcome.

TREC License 788149 (254) 718-2567 luke@austintxhomes.co

Interested in Lakeway?

Tell me what you're looking for — golf course views, lake access, LTISD schools, or just the best value in the area — and I'll put together exactly what's available.

Replies within a few hours. No spam, no pressure.

Common Questions

Frequently Asked About Lakeway TX

What is Lakeway TX?

Lakeway is an incorporated city in Travis County on the shores of Lake Travis, approximately 28 miles west of downtown Austin. Founded in the 1960s as one of Austin's original lake resort communities, it has grown into a full-service city of approximately 18,000 residents with golf courses, a marina, city parks, complete retail and dining, and Lake Travis ISD schools.

What are home prices in Lakeway TX?

Lakeway home prices range from about $500K for entry-level or older properties to $2M+ for newer custom builds, golf course-fronting estates, or Lake Travis waterfront homes. The core resale market is $600K–$1.1M. Newer developments within the greater Lakeway area like Rough Hollow push into the $800K–$1.8M range. Golf course views, lake proximity, and lot size are the primary value drivers.

What school district is Lakeway TX in?

Lakeway is served by Lake Travis Independent School District (LTISD), one of the top-ranked school districts in Texas. Lake Travis High School consistently earns top state rankings for academics and extracurriculars. The school district is the primary driver of relocating family demand for Lakeway real estate, particularly from buyers coming from out of state who prioritize public school quality.

Does Lakeway TX have lake access?

Yes. Lakeway City Park provides a public boat ramp with direct Lake Travis access for city residents. Lakeway Marina offers boat storage, slip rentals, and full lake services. True waterfront properties with private dock potential are available in the community, as are elevated lake-view homes at various price points. The combination of public and private access options makes Lakeway one of the most accessible lake lifestyle communities in the Austin area.

What golf courses are in Lakeway TX?

Lakeway has multiple golf options: the Yaupon and Live Oak courses at The Hills of Lakeway are among the area's most established. Flintrock Falls — a Jack Nicklaus Signature Design — adds a premier course option. Rough Hollow also has a golf component. For buyers prioritizing golf-course living in Austin's western corridor, Lakeway is the primary destination, with golf course-fronting homes available across multiple price points.

Related Communities & Pages

Steiner Ranch Austin

Northwest Austin master-planned community — LTISD, Lake Club access, 20+ miles of trails, 78732.

Briarcliff TX Homes

South shore Lake Travis — HOA marina, no city taxes, LTISD. Smaller and more rural than Lakeway.

Spicewood TX Homes

Hill Country ranchettes and Lake Travis frontage further west — Treaty Oak Distilling, Krause Springs.

Sell a Waterfront Home

Selling Lake Travis or Lake Austin waterfront? Dock valuation, LCRA permits, and buyer network.