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Homes for Sale in Lakeway, TX

View Lakeway, TX homes for sale with the experienced real estate professionals in Foreman Property Group

Nestled in the rolling hills of the Texas Hill Country and framed by the crystal-clear waters of Lake Travis, Lakeway is a paradise that beckons with its natural beauty, lakeside living, and a real estate market that offers an array of housing options. Here, homes range from luxurious waterfront estates to stylish modern residences, each contributing to the neighborhood's unique character. But what truly sets this area apart isn't just the homes; it's the harmonious blend of Hill Country serenity, lakeside charm, and boundless opportunities that make Lakeway an exceptional place to call home.

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Lakeway Listings & Sales

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Lakeway Real Estate Market Trends

The real estate market in Lakeway, TX, as of April 2024, continues to show strong activity. The sale-to-list price ratio stands at 97.2%, indicating that homes are selling close to their listing prices. Despite a slight year-over-year decline of 0.15 points, the market remains competitive with many buyers interested in moving to Lakeway from other metropolitan areas, particularly San Francisco, Los Angeles, and Dallas. Lakeway's housing market offers a variety of homes for sale, catering to diverse buyer preferences. The area is known for its attractive residential neighborhoods and excellent school ratings, with several elementary schools scoring 8 out of 10 or higher. Environmental factors such as a moderate risk of wildfires and a major risk of severe wind events should be considered when purchasing property in Lakeway. Overall, Lakeway remains a desirable location for homebuyers seeking a balance of suburban tranquility and proximity to urban amenities​

$771,000

Median Sale Price

52

# of Homes Sold

55

Median Days on The Market

Lakeway, TX Real Estate FAQ

Your Comprehensive Guide to Lakeway Real Estate

The real estate market in Lakeway, TX, is active and competitive, characterized by steady demand and appreciating property values. With a mix of luxury homes, single-family residences, and condos, the market offers diverse options for buyers. The area attracts both families and retirees, contributing to a balanced and dynamic market.

Lakeway is desirable due to its scenic beauty, excellent amenities, and high quality of life. Located near Lake Travis, it offers a resort-like atmosphere with opportunities for outdoor activities such as boating, fishing, and hiking. The community is known for its friendly, laid-back lifestyle, top-rated schools, and proximity to Austin, making it ideal for families and professionals.

The average home price in Lakeway, TX, typically ranges from $500,000 to $800,000, though this can vary widely based on the property's size, location, and amenities. Luxury homes can exceed $1 million, while more affordable options are available in the lower price ranges.

Yes, Lakeway real estate is considered a good investment due to its strong market demand, desirable location, and high quality of life. The area's property values have shown consistent appreciation, making it attractive for both long-term residential use and rental income potential.

People buy homes in Lakeway for its excellent quality of life, beautiful natural surroundings, and top-rated schools. The community offers a safe, family-friendly environment with a range of recreational activities. Proximity to Austin also provides easy access to city amenities while enjoying the tranquility of suburban living.

Yes, Lakeway is a great place to raise a family. The area boasts top-rated schools, safe neighborhoods, and plenty of family-friendly activities and amenities. The community atmosphere is supportive and welcoming, making it an ideal environment for children.

Popular neighborhoods in Lakeway include Rough Hollow, The Hills of Lakeway, and Serene Hills. These areas are known for their beautiful homes, excellent amenities, and scenic views. Each neighborhood offers a unique blend of luxury and comfort, catering to different lifestyles.

The most affordable areas in Lakeway are typically found in older, established neighborhoods or smaller developments. Areas such as Cardinal Hills and portions of Apache Shores offer more budget-friendly housing options while still providing access to Lakeway’s amenities.

Yes, Lakeway is served by the highly-rated Lake Travis Independent School District, known for its excellent educational programs and facilities. The district includes top-performing schools such as Lakeway Elementary and Lake Travis High School, making it an attractive area for families with school-aged children.

Lakeway offers a variety of amenities and attractions, including the Lakeway Resort and Spa, golf courses, marinas, and numerous parks and trails. The Lakeway City Park and the nearby Hamilton Greenbelt provide ample opportunities for outdoor activities. The community also has a range of shopping, dining, and entertainment options.

Yes, Lakeway is known for its low crime rates and safe, family-friendly environment. The community is well-maintained, and local law enforcement is active in ensuring the safety and security of residents.

The commute from Lakeway to downtown Austin typically takes about 30 to 45 minutes, depending on traffic conditions. Major roads such as RM 620 and Highway 71 provide convenient access to Austin and other surrounding areas. While traffic can be heavy during peak hours, many residents find the commute manageable.

To find a reliable real estate agent in Lakeway, TX, you can start by exploring online platforms. Additionally, you may consider reaching out to Foreman Property Group, a reputable real estate team known for their proficiency in Lakeway market. You can contact him directly for personalized assistance and guidance in your real estate endeavors.

When buying property in Lakeway, consider factors such as proximity to Lake Travis, HOA regulations, and potential flood zones. It's advisable to work with a local real estate agent who can provide insights into the area's specific market conditions and guide you through the buying process.

Yes, Lakeway offers a variety of housing options, including single-family homes, condos, and townhomes. Whether you are looking for a spacious family home or a low-maintenance condo, the real estate market in Lakeway has something to suit different needs and budgets.

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