Have you ever dreamed of waking up to breathtaking lake views, spending afternoons on a championship golf course, and ending the day with a gourmet meal overlooking the Texas Hill Country? What if you could have all of that just a short drive from Austin?

Nestled along the southern shores of Lake Travis, Lakeway's real estate market offers an exceptional lifestyle. This charming city provides top-rated schools, luxury real estate, and endless outdoor recreation, making it a sought-after destination for homebuyers. Whether you're looking for a family-friendly neighborhood, a golf course retreat, or waterfront living, Lakeway has something for everyone.

What You'll Learn in This Guide

• Why Lakeway is a top choice for homebuyers, from its scenic beauty to its thriving community

• The best neighborhoods in Lakeway, including insights on luxury and family-friendly areas

• Market trends and home prices, so you know what to expect when buying in Lakeway

• Top schools, amenities, and local attractions, helping you decide if it's the right fit

• Expert homebuying tips and insights, to navigate the Lakeway real estate market with confidence

  
  

From waterfront estates to private golf communities, Lakeway offers exceptional living just minutes from Austin's vibrant city life. As on of the best suburbs near Austin, it combines luxury, outdoor recreation, and convenience. Let's dive into what makes Lakeway one of Texas's most desirable places to live.

TABLE OF CONTENTS

Why Homebuyers Are Flocking to Lakeway, TX

Lakeway, TX, is one of the most desirable communities in the Texas Hill Country, attracting homebuyers with its scenic beauty, upscale amenities, and laid-back lakeside charm. Once a vast stretch of ranchland, Lakeway has evolved into a sought-after residential destination, offering a unique blend of luxury and outdoor adventure. With its proximity to Lake Travis and Austin, it provides an ideal balance between tranquility and city convenience.

The Evolution of Lakeway

Originally developed as a resort-style community in the 1960s, Lakeway was designed to offer residents a luxurious yet relaxed lakeside lifestyle. Over the years, it has grown into a thriving town known for its high-end real estate, golf courses, and waterfront living. Today, it stands as a premier destination for families, professionals, and retirees looking for an elevated quality of life.

Key Facts About Lakeway, TX

• Population (2023): 19,189
• Median Household Income: $164,978
• Average Home Value: $741,613 (Zillow)
• Average Rent: $3,200 (Zillow)
• Area Feel: Sparse suburban with waterfront living
• Homeownership Rate: 86%

With a high median income, strong home values, and a high rate of homeownership, it's no surprise that Lakeway has become a top choice for buyers looking to invest in a thriving and exclusive community.

Experience the Lakeway Lifestyle

Imagine starting your morning with a paddleboarding session on Lake Travis, enjoying an afternoon hike through rolling greenbelts, and winding down the day with wine and live music at a local festival. While Lakeway offers a unique blend of lakeside luxury and Hill Country charm, you might also explore what it's like to live near Lake Travis, where waterfront living takes center stage.

Outdoor Recreation and Activities

• Boating & Water Sports: With direct access to Lake Travis, residents enjoy boating, fishing, kayaking, and paddleboarding.
• Hiking & Biking: Scenic trails like Hamilton Greenbelt and Lakeway City Park offer peaceful nature escapes.
• Golfing: Championship courses, including The Hills of Lakeway Golf Club and Flintrock Falls, attract golf lovers year-round.

A Thriving Community and Events

Lakeway isn't just about stunning lake views and outdoor recreation-it's a community that thrives on connection, culture, and year-round events. Whether you're looking to meet neighbors, enjoy local traditions, or participate in family-friendly activities, Lakeway offers a lively calendar of gatherings and celebrations.

Residents enjoy seasonal festivals, neighborhood events, and community engagement opportunities that bring people together. Some of the most beloved local events include:

• Lakeway Lights On! - A holiday tradition where residents gather to kick off the festive season with dazzling lights, music, and family-friendly fun.
• July 4th Celebration - One of the city's biggest events, featuring a patriotic parade, live entertainment, and a fireworks show over Lake Travis.
• Lake Travis SpringFest - A large outdoor festival with food vendors, live music, and activities for all ages.
• Lakeway Market Days - A monthly farmers' market showcasing local artisans, fresh produce, and handcrafted goods.
• Concerts in the Park - A summer concert series at Lakeway City Park, where residents bring blankets and picnic under the stars while enjoying live music.

With events like these, Lakeway fosters a tight-knit, welcoming atmosphere where residents feel connected to their community. Whether you're a long-time local or a newcomer, there's always an opportunity to get involved, meet friendly faces, and experience the vibrant social scene.

Exploring Lakeway's Premier Real Estate & Neighborhoods

Lakeway, TX, offers a mix of luxury waterfront estates, golf-course homes, and charming suburban properties, making it a sought-after destination for homebuyers. Whether you're looking for breathtaking Lake Travis views, gated communities, or resort-style living, Lakeway provides a range of high-end housing options with strong appreciation rates and exceptional amenities.

Here's a look at some of the most desirable neighborhoods in Lakeway:

Bella Montagna

A prestigious gated enclave, Bella Montagna features custom-built luxury estates with panoramic views of Lake Travis and the surrounding Hill Country. Homes here offer high-end finishes, expansive lots, and ultimate privacy, making it a top choice for luxury buyers.

>> VIEW HOMES FOR SALE IN BELLA MONTAGNA <<

Cardinal Hills

Offering a mix of new construction and established homes, Cardinal Hills provides affordable luxury with proximity to parks, shopping, and top-rated schools. This neighborhood is perfect for those looking for spacious homes while maintaining easy access to Austin.

>> VIEW HOMES FOR SALE IN CARDINAL HILLS <<

Rough Hollow

Rough Hollow is a master-planned lakeside community featuring waterfront mansions, townhomes, and luxury estates. Residents enjoy resort-style pools, a private marina, and an exclusive clubhouse, making it ideal for those seeking an active, high-end lifestyle.

>> VIEW HOMES FOR SALE IN ROUGH HOLLOW <<

Flintrock Falls

Centered around a Jack Nicklaus-designed golf course, Flintrock Falls is a gated community with Mediterranean-style estates, lush landscapes, and top-tier amenities. Golf enthusiasts and those seeking elegant, custom-built homes will find this neighborhood particularly appealing.

>> VIEW HOMES FOR SALE IN BELLA MONTAGNA <<

The Hills of Lakeway

A private, gated golf-course community, The Hills of Lakeway offers luxury homes with stunning golf course views, beautifully landscaped streets, and access to The Hills Country Club. It's a perfect blend of privacy, recreation, and upscale living just minutes from top shopping and dining spots.

>> VIEW HOMES FOR SALE IN THE HILLS OF LAKEWAY <<

Top-Rated Schools in Lakeway, TX

Families in Lakeway benefit from access to Lake Travis Independent School District (LTISD), one of the top-performing school districts in Texas. With strong academic programs, state-of-the-art facilities, and a commitment to excellence, LTISD schools consistently rank among the best in the region. Whether you're looking for highly-rated elementary schools, STEM-focused middle schools, or a high-achieving high school, Lakeway provides outstanding educational opportunities.

If you're considering buying a home in a top school district, check out our guide to the best school districts in Austin for additional insights.

Lakeway Elementary School

As one of the highest-rated elementary schools in the district, Lakeway Elementary fosters a strong academic foundation for young learners. The school emphasizes STEM education, interactive learning, and student engagement, creating an environment that encourages curiosity and achievement.

Hudson Bend Middle School

Hudson Bend Middle School is known for its robust STEM and arts programs, offering students opportunities to explore robotics, engineering, and creative arts. The school's advanced coursework, competitive extracurriculars, and dedicated faculty make it a standout choice for families moving to Lakeway.

Lake Travis High School

Recognized for its academic excellence and strong athletic programs, Lake Travis High School consistently ranks among the top high schools in Texas. The school offers Advanced Placement (AP) courses, college readiness programs, and award-winning sports teams, preparing students for success in higher education and beyond.

Why Choose Lakeway for Education?

With high-ranking schools, dedicated teachers, and top-tier facilities, Lakeway provides an exceptional educational environment for families. Whether you're prioritizing academic achievement, extracurricular opportunities, or future college readiness, LTISD schools offer a well-rounded, high-quality education for students of all ages.

Dining, Shopping & Entertainment in Lakeway

Top Restaurants in Lakeway

• The Oasis on Lake Travis: The go-to spot for breathtaking sunset views and Tex-Mex favorites.
• Sundancer Grill: A waterfront dining gem specializing in fresh seafood and gourmet burgers.
• Cafe Lago: A cozy café offering artisan coffee and homemade breakfast dishes.

Shopping & Retail Options

Lakeway provides a well-rounded shopping experience, blending upscale retail, local boutiques, and essential conveniences. Whether you're searching for designer fashion, home décor, or everyday essentials, you'll find it all within easy reach.

• Hill Country Galleria - The area's premier shopping center, featuring major retailers like Lululemon, Whole Foods, and Athleta, along with boutique stores and dining options in a scenic outdoor setting.
• Local Boutiques - Find unique fashion, home décor, and gifts at shops like Adorn Boutique and Point of Origin.
• Specialty Stores - Explore Lake Travis Wine Trader for fine wines, gourmet foods, and locally curated selections.
• Convenience & Essentials - Major grocery stores, pharmacies, and everyday shopping needs are all within easy reach for residents.

From high-end brands to locally owned shops, Lakeway offers a diverse and convenient shopping experience for all.

Healthcare & Wellness in Lakeway

Lakeway offers top-tier healthcare services and holistic wellness options, making it an ideal place for families, professionals, and retirees seeking a healthy and active lifestyle. With state-of-the-art hospitals, specialty clinics, and alternative wellness centers, residents have access to comprehensive medical care and preventative treatments.

Top Healthcare Facilities

Lakeway is home to high-quality medical centers that provide emergency services, specialized care, and routine check-ups:

• Baylor Scott & White Medical Center - Lakeway - The area's leading full-service hospital, offering 24/7 emergency care, surgical procedures, and advanced medical treatments.
• Lake Travis Medical Center - A trusted provider for family medicine, outpatient services, and long-term wellness care.
• St. David's Emergency Center - Delivers immediate emergency treatment with shorter wait times compared to larger hospitals.
• Austin Regional Clinic - Lakeway - Specializes in primary care, pediatrics, and internal medicine, making it a go-to choice for routine healthcare needs.

Wellness & Holistic Health

In addition to traditional healthcare services, Lakeway offers holistic and alternative wellness options to support physical and mental well-being:

• Lakeway Spine Center - Focuses on chiropractic care, injury rehabilitation, and physical therapy for pain relief and long-term mobility.
• Pure Bikram Yoga Lakeway - Offers hot yoga classes designed to enhance flexibility, circulation, and stress relief.
• The Float Spa Lakeway - Provides float therapy and infrared sauna sessions for relaxation, muscle recovery, and improved sleep.
• Natural Bio Health - Specializes in hormone therapy, anti-aging treatments, and customized wellness solutions.

With a combination of world-class medical facilities and holistic wellness services, Lakeway ensures its residents have everything they need for a balanced, health-focused lifestyle.

Frequently Asked Questions About Living in Lakeway, TX

Is Lakeway, TX, an expensive place to live?

Lakeway is considered an upscale community, with home prices above the Texas average due to its waterfront properties, luxury amenities, and top-rated schools. As of 2025, the average home value is $737,913, but prices vary based on location, size, and features. While living costs are higher than in nearby cities, residents find the quality of life, access to Lake Travis, and strong community appeal well worth it.

What are the best neighborhoods in Lakeway?

Lakeway offers a range of exclusive neighborhoods, each with its unique charm:

• Rough Hollow - Luxury waterfront homes, marina access, and resort-style amenities.
• The Hills of Lakeway - A private, gated golf community with high-end homes and scenic views.
• Flintrock Falls - A prestigious, gated community centered around a Jack Nicklaus-designed golf course.
• Bella Montagna - Custom-built estates with panoramic views of Lake Travis.
• Cardinal Hills - A mix of established homes and new builds offering affordability and easy access to top-rated schools.

How far is Lakeway from downtown Austin?

Lakeway is approximately 25 minutes (20 miles) west of downtown Austin, depending on traffic. Its location along Ranch Road 620 and SH 71 provides quick access to major highways, shopping centers, and Austin-Bergstrom International Airport. The commute is ideal for professionals who want a peaceful, lakefront lifestyle while staying connected to Austin's vibrant job market.

What recreational activities are available in Lakeway?

Lakeway is a haven for outdoor enthusiasts, offering:

• Boating, kayaking, and fishing on Lake Travis.
• Championship golf courses, including The Hills of Lakeway Golf Club and Flintrock Falls.
• Hiking and biking trails at Hamilton Greenbelt and Lakeway City Park.
• Community events like seasonal festivals, farmers' markets, and live music venues.

Is Lakeway a good place to raise a family?

Absolutely! Lakeway is known for its top-rated schools, safe neighborhoods, and family-friendly amenities. The Lake Travis Independent School District (LTISD) is one of the best in Texas, offering strong academic programs and extracurricular activities. The city also boasts parks, sports leagues, and a welcoming community, making it a great place for families to settle down.

Final Thoughts on Living in Lakeway, TX

Lakeway, TX, isn't just a place to live-it's a lifestyle destination. From luxurious waterfront homes to championship golf courses, top-tier schools, and vibrant community events, this lakeside city offers the perfect balance of relaxation and upscale living. Whether you're drawn to the stunning views of Lake Travis, the thriving local economy, or the endless recreational opportunities, Lakeway continues to be a top choice for homebuyers seeking quality and convenience.

If you're considering making Lakeway your home, it's essential to have the right guidance to navigate the competitive real estate market.

Find Your Dream Home in Lakeway with Spyglass Realty

Navigating the Lakeway real estate market requires expert knowledge and strategic planning. At Spyglass Realty, our experienced agents specialize in helping buyers find the perfect home that fits their lifestyle and financial goals.

• Exclusive Listings - Gain access to the best homes, from luxury waterfront estates to golf course communities.
• Local Expertise - Work with agents who understand Lakeway's market trends, pricing, and hidden opportunities.
• Personalized Guidance - Get one-on-one support throughout the entire buying process, from home tours to negotiations and closing.

Don’t navigate the market alone, let an experienced real estate consultant guide you every step of the way. Click here to speak to a Real Estate Consultant or call (512) 580-9338!

// Posted by Ryan Rodenbeck on February 13th, 2025 Share this post on Facebook Tweet this post on Twitter Send a link to post via Email