The Village of Lakeway Texas is a beautiful lakefront community just west of Austin. While settlers were drawn to the area since the 1840s, the town of Lakeway actually began with the construction of a 48-room hotel, the Lakeway Inn, now Lakeway Resort and Spa, a 168-room full service resort. Ground was broken October 1962 and the grand opening was July 12, 1963. This development was enabled by the construction of a series of dams along the Colorado River which were designed and built in the 1920s and 30s. Once flood concerns were under control, developers began buying up parcels of land that overlooked the crystal waters of Lake Travis, and it wasn’t long before the area went from a recreational/retirement community to the vibrant area that we know today.
According to the 2000 census, Lakeway had 8,000 inhabitants, 3,124 households, and 2,496 families residing within its boarders. With five golf courses within the city, many nearby marinas and a mild climate, Lakeway is a city of recreation. Rolling hills, Lake Travis and emerald hills are the backdrop for a lifestyle that excels in water sports, sun worship and leisure. Excellent dining and shopping establishments are at your fingertips and the excellent Lake Travis school system has changed Lakeway from a retirement community to a home buying destination for the whole family.
Lakeway Homes for Sale
Homes in Lakeway
With the appreciation of real estate in Lakeway the area has been the site of numerous new developments. The primary subdivision is Lakeway proper with home prices averaging $400,000 for a four bed, three bath home. While you can find a starter home in the $175,000 range, the high end homes have been selling for close to $3M with waterfront lots, private boat docks, and infinity pools that magnify the natural setting. Lohmanns Crossing offers home from $200,000 to $400,000 while the Arbolago development has homes starting at $1M and up.
Today, you’ll find more amenities for fun and recreation than any city in the Texas Hill Country. With a full range of shopping, entertainment and lodging opportunities, you can experience a lifestyle that only this unique location can provide. The most popular attractions appeal to fishermen, boaters, sun bathers, water skiers, and swimmers. With the nearby Lakeway Park and Mansfield Dam Park, you’ll have nature trails, picnic grounds and boat ramp facilities whenever your heart desires. So if you’d like to play where you live, and feel like you’re always on vacation, experience the joys of life at Lakeway!