Lakeway

Welcome to Lakeway

A serene community situated on the western outskirts of Austin, embodies the perfect blend of scenic beauty and suburban luxury. Nestled along the shores of Lake Travis, this idyllic city offers residents breathtaking views of the lake and the Texas Hill Country. Lakeway is renowned for its upscale residences, including waterfront homes and golf course estates, contributing to its reputation as a sought-after residential destination. Boasting an array of recreational amenities such as golf courses, parks, and marinas, Lakeway provides an active and outdoor-centric lifestyle. The Lakeway City Park and the Hamilton Greenbelt offer residents opportunities for hiking, biking, and enjoying nature. With a strong sense of community, top-rated schools, and easy access to the cultural and recreational offerings of Austin, Lakeway stands as a haven for those seeking a sophisticated yet relaxed suburban lifestyle.
 
 

Frequently Asked Questions About Lakeway Real Estate Trends

  1. What are the current real estate trends in Lakeway?

    The real estate market in Lakeway, TX, is characterized by strong demand and appreciating property values. The city’s scenic location, excellent schools, and array of recreational amenities make it a highly sought-after area for homebuyers. The market features a variety of properties, from luxurious lakefront estates to modern single-family homes and townhouses. The demand for housing in Lakeway often leads to competitive bidding, with homes typically selling quickly and at or above asking prices. The continued influx of new residents and development projects contributes to the robust growth of the real estate market in Lakeway.

  2. How have property values in Lakeway changed in recent years?

    Property values in Lakeway have seen significant appreciation over the past several years. This upward trend is driven by the city’s desirable location, high quality of life, and strong community appeal. The limited availability of developable land around Lake Travis and the high demand for waterfront and golf course properties have also contributed to rising home prices. As Lakeway continues to attract buyers from Austin and beyond, property values are expected to remain on an upward trajectory, providing substantial equity gains for homeowners and attractive opportunities for real estate investors.

  3. What types of properties are most common in Lakeway?

    Lakeway offers a diverse range of properties, including upscale single-family homes, lakefront estates, townhouses, and condominiums. The city is particularly known for its luxurious homes with stunning views of Lake Travis and the surrounding Hill Country. Many properties feature modern amenities, spacious layouts, and high-end finishes. Golf course communities are also prevalent, providing residents with access to top-notch golfing facilities. This variety ensures that buyers can find homes that cater to their specific needs, whether they are seeking a family-friendly environment or a serene retirement retreat.

  4. What should potential homebuyers know about purchasing real estate in Lakeway?

    Potential homebuyers in Lakeway should be prepared for a competitive market, where desirable properties can sell quickly and above asking price. It’s important to have pre-approved financing and work with an experienced local real estate agent who understands the nuances of the Lakeway market. Buyers should consider the long-term value of investing in a home in this highly sought-after area, as well as the lifestyle benefits that come with living in Lakeway, such as access to top-rated schools and recreational amenities. Understanding local zoning regulations and homeowners’ association (HOA) fees is also crucial for making informed decisions.

  5. Is Lakeway a good area for real estate investment?

    Lakeway is considered an excellent area for real estate investment due to its steady property value appreciation and high demand for housing. The city’s prime location near Austin, combined with its scenic beauty and upscale amenities, ensures a stable and attractive market for both residential and rental properties. Investors can benefit from the area’s growing popularity and the potential for long-term capital growth. Conducting thorough market research and working with experienced local real estate professionals can help investors identify the most promising opportunities and maximize returns in Lakeway’s dynamic real estate market.

Overview for Lakeway, TX

18,471 people live in Lakeway, where the median age is 49.2 and the average individual income is $74,997. Data provided by the U.S. Census Bureau.

18,471

Total Population

49.2 years

Median Age

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

$74,997

Average individual Income

Around Lakeway, TX

There's plenty to do around Lakeway, including shopping, dining, nightlife, parks, and more. Data provided by Walk Score and Yelp.

34
Car-Dependent
Walking Score
19
Somewhat Bikeable
Bike Score

Points of Interest

Explore popular things to do in the area, including Kitli, Atos Austin Brazilian Jiu Jitsu, and Sheri Moody.

Name Category Distance Reviews
Ratings by Yelp
Dining 4.81 miles 8 reviews 5/5 stars
Active 4.94 miles 13 reviews 5/5 stars
Active 3.22 miles 11 reviews 5/5 stars
Active 1.25 miles 19 reviews 5/5 stars
Active 1.21 miles 6 reviews 5/5 stars
Active 2.06 miles 9 reviews 5/5 stars

Demographics and Employment Data for Lakeway, TX

Lakeway has 7,458 households, with an average household size of 2.46. Data provided by the U.S. Census Bureau. Here’s what the people living in Lakeway do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 18,471 people call Lakeway home. The population density is 1,461.7 and the largest age group is Data provided by the U.S. Census Bureau.

18,471

Total Population

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

49.2

Median Age

48.97 / 51.03%

Men vs Women

Population by Age Group

0-9:

0-9 Years

10-17:

10-17 Years

18-24:

18-24 Years

25-64:

25-64 Years

65-74:

65-74 Years

75+:

75+ Years

Education Level

  • Less Than 9th Grade
  • High School Degree
  • Associate Degree
  • Bachelor Degree
  • Graduate Degree
7,458

Total Households

2.46

Average Household Size

$74,997

Average individual Income

Households with Children

With Children:

Without Children:

Marital Status

Married
Single
Divorced
Separated

Blue vs White Collar Workers

Blue Collar:

White Collar:

Commute Time

0 to 14 Minutes
15 to 29 Minutes
30 to 59 Minutes
60+ Minutes

Schools in Lakeway, TX

All ()
Primary Schools ()
Middle Schools ()
High Schools ()
Mixed Schools ()
The following schools are within or nearby Lakeway. The rating and statistics can serve as a starting point to make baseline comparisons on the right schools for your family. Data provided by the U.S. Census Bureau.
Type
Name
Category
Grades
School rating
Lake Travis Elementary
PUBLIC
PreK - 5th
3/5
Serene Hills Elementary
PUBLIC
PreK - 5th
4/5
PUBLIC
PreK - 5th
5/5

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