Lakeway Real Estate
The town of Lakeway was founded on the site of a 2,700-acre ranch owned by Houston oilman and rancher Jack (Jake) Josey. In early 1962 three Houston business men associated with the Gulfmont Hotel Company-G. Flint Sawtelle, John H. Crooker, Jr., and Lee Blocker-obtained a sixty-day option to purchase the land and plan a hotel and resort community. The name Lakeway was a natural sequel to Gulfmont's Fairway Motor Hotel in McAllen, Texas, so named because it overlooked the fairway of a golf course. Construction of the hotel began in October 1962 and the grand opening was July 12, 1963. Around the same time the Lakeway Land Company was formed with Flint Sawtelle as president, for the development of real estate. In July 1974 a substantial majority of resident and nonresident property owners voted to incorporate with the consent of the city of Austin, and the 1,200-acre village of Lakeway resulted.
First American on the moon, astronaut Alan Shepherd, Jr. was a resident as well as many other well-known folks from actors, authors, musicians and reality stars.
Lake Travis ISD is an exemplary 5-star rated school in academics and sports. No longer a sleepy, golfing community lying along the south side of Lake Travis, Lakeway boasts a hospital, Galleria shopping but an outdoor amphitheater for the Austin music lovers. Nearby resident is our beloved Willie Nelson.
First American on the moon, astronaut Alan Shepherd, Jr. was a resident as well as many other well-known folks from actors, authors, musicians and reality stars.
Lake Travis ISD is an exemplary 5-star rated school in academics and sports. No longer a sleepy, golfing community lying along the south side of Lake Travis, Lakeway boasts a hospital, Galleria shopping but an outdoor amphitheater for the Austin music lovers. Nearby resident is our beloved Willie Nelson.
Most Popular
32 Water Front Avenue
$3,349,000
Most Expensive
36 Water Front Avenue
$3,600,000
Least Expensive
111 Morning Cloud Cove
$539000
Lakeway Listings Summary
Lakeway - Town vs. County Stats
Avg Price in Lakeway: $1,467,000 / County Avg $1,051,700
70%
Avg Taxes in Lakeway: $13,700 / County Avg $11,200
61%
Avg Sq. Ft. in Lakeway: 4,137 / County Avg 2,374
87%
Avg Price per/sqft in Lakeway:$355 / County Avg $443
80%
Avg Walkscore in Lakeway: 21 / County Avg 44
24%
Avg Year Built in Lakeway: 2005 / County Avg 1995
50%
Avg Days on Website in Lakeway: 27 / County Avg 46
29%
Lakeway Real Estate Market Health
New Listings
Reductions
Foreclosures
Short Sales
| Areas in Lakeway TX |
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| LS |
| Neighborhoods in Lakeway TX |
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| Lakeway Sec 01 |
| Lakeway Sec 03 |
| The Landing at Lakeway |
Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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