Lakeway Real Estate Stats
| Average Price | $1.1M |
|---|---|
| Lowest Price | $425K |
| Highest Price | $4.7M |
| Total Luxury Listings | 121 |
| Avg. Days On Market | 73 |
| Avg. Price/SQFT | $346 |
Property Types (active listings)
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- $900,000 - $1,000,000
- Over $1,000,000
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Lakeway, West Austin Real Estate
Lakeway is a lakeside community known for spacious properties, private streets, and expansive views over the Texas Hill Country and Lake Travis.
Residential options include large custom homes, gated estates, and golf course properties, many of which are positioned to capture lakefront or hilltop scenery. While some properties date back to earlier development phases, much of the housing stock is newer, with modern floor plans and refined finishes.
Acreage lots are common, and homes often include covered patios, pools, and three-car garages. Buyers looking for privacy and access to outdoor recreation frequently find Lakeway to be one of the most appealing areas in West Austin.
Neighborhoods within Lakeway include The Hills, Flintrock Falls, Rough Hollow, and Serene Hills, each with their own features and amenities.
Properties in these communities range in style from Mediterranean-inspired designs to sleek contemporary builds. Rough Hollow, for example, is a master-planned development featuring a yacht club and direct marina access.
The Hills and Flintrock Falls offer private golf club memberships and controlled access points. Whether lakeside or elevated on a ridge, Lakeway homes are built for comfort, space, and natural views.
Discover Lakeway, West Austin Area
Positioned just west of Bee Cave, Lakeway is surrounded by natural terrain and water, offering a sense of seclusion without being far from urban needs. Lake Travis defines the area’s western edge, with over 270 miles of shoreline available for boating, paddleboarding, and lakeside relaxation.
Residents can access several marinas throughout the area, including Rough Hollow Marina and Lakeway Marina, making it easy to store and launch watercraft.
The Hamilton Greenbelt runs through the heart of the community, offering shaded trails ideal for walkers, runners, and cyclists. For those who prefer golfing to hiking, Lakeway is home to four courses operated by The Hills Country Club.
When it comes to social and leisure activities, the Lakeway Resort and Spa acts as a central point for both locals and visitors. Community retail and dining is centered around The Oaks at Lakeway, where you’ll find daily conveniences alongside upscale eateries.
Fine dining is available at The Gramercy, while everyday favorites can be found closer to Bee Cave or along FM 620. Just a short drive away, Hill Country Galleria expands shopping and entertainment opportunities, with open-air dining and retail options.
Between the green spaces, water access, and resort-style features, the area balances privacy with active, outdoor living.
Schools in Lakeway, West Austin
Lakeway is part of Lake Travis ISD. Students in this area would attend any of the following schools:
This highly-rated school district is known for its student academic achievements, excellent programs, and championship sports teams.
Lakeway FAQs
How long is the drive from Lakeway to downtown Austin?
The commute from Lakeway to downtown Austin typically ranges from 30 to 40 minutes depending on traffic and time of day. Most residents take Ranch Road 620 to Highway 71 or Bee Caves Road for the quickest route. Morning and evening travel may slow through Bee Cave but generally remains consistent. While it's not a short drive, many feel the trade-off is worth it. The setting near Lake Travis offers peace that city neighborhoods cannot.
Is Lakeway a walkable community?
Lakeway’s layout is more vehicle-oriented due to its size and hilly geography. Some neighborhoods include trails and sidewalks, especially near parks or greenbelts. Most errands require a short drive, although The Oaks at Lakeway offers a walkable hub for dining and shopping. Those who want to be outdoors enjoy the Hamilton Greenbelt and marina trails, which are ideal for recreation. While not fully walkable, active residents find ways to explore on foot.
How safe is it to live in Lakeway?
Lakeway is widely considered a quiet and secure place to live. The community includes a dedicated police department, and crime rates are typically lower than in more urban parts of Austin. Many neighborhoods are gated or have private security patrols. The family-friendly environment and well-kept surroundings contribute to a strong sense of safety.
Are there healthcare services available nearby?
Yes, Lakeway offers convenient access to healthcare services including Baylor Scott & White Medical Center just off RR 620. In addition to the hospital, there are multiple specialty clinics and urgent care centers throughout the area. Nearby facilities provide services in pediatrics, cardiology, and orthopedics. Pharmacies and wellness centers are located within retail hubs like The Oaks at Lakeway. For more complex care, larger hospitals in Austin are about 30–40 minutes away.
What is the lifestyle like in Lakeway?
Life in Lakeway is centered around outdoor living, privacy, and convenience. Residents frequently spend time on Lake Travis or enjoy the area's many golf courses, greenbelts, and spa facilities. Community events and social clubs offer a variety of ways to engage without leaving the neighborhood. The dining scene supports both casual and upscale preferences, often featuring lake views or patio seating. For many, Lakeway offers a retreat-like setting while staying close to the greater Austin metro.
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