When it comes to the hottest neighborhoods in Austin, Lakeway has consistently snagged the title of MVP on the roster of best places to live in the Texas Hill Country.
The lush rolling hills, picturesque views, native wildlife and, of course, access to Lake Travis are just a few of its selling points. Even if you live in the Austin area, you might not fully understand why folks love to live here.
Is it because there’s a water tower that looks like a golf ball?
Is it because there’s a community pool shaped like a tennis racket with a kiddie pool shaped like a tennis ball?
Is it because Lakeway is playfully described as, “Dazed and Confused meets Ivy League.”
What was once known as a quiet vacation and retirement community has been transformed into a hub of growth and development — which makes living here convenient to everything.
Driving along RR 620, you can imagine why the earliest settlers in the area, most notably the Tonkawa and later the Apache and Comanches, decided to call this breathtaking land home.
If you fast forward to the mid-1800s, that’s when waves of German immigrants poured into the Hill Country and Colorado River area. In fact, from 1820-1860, over 600,000 Anglo-Americans migrated to Texas.
The home-buying experience in Lakeway
The wild part about buying a home in Lakeway is you can fall in love with one home because it has a huge yard, a throwback vibe and tons of space. And then you look at another home down the street and it’s entirely different!
In exchange for the perks of the previous home (a mere two blocks away), you get sprawling views and modern appliances … but it has no yard. Literally. Sometimes you have to give up a yard in exchange for views.
Choosing the perfect home is hard because all of the homes (and schools) are great. As a home-buyer, that’s not a bad problem to have.
Neighborhoods & Subdivisions
If you start your home-buying tour coming into Lakeway from RR 620 and Highway 71, you’ll see wonderful neighborhoods/subdivisions on both sides of the road.
The homes on your right overlook the canyon and the homes on your left wind into golf courses and rustic Hill Country views. As you make you’re way down RR 620 towards Lakeway Blvd., the neighborhoods on your left wind all the way to the Lake Travis shoreline.
Neighborhoods that surround the homes in the heart of Lakeway include Alta Vista, Flintrock, The Hills of Lakeway, Rough Hollow, Serene Hills, The Preserve at Lakeway, Yaupon Creek, Bella Montagna and North Lakeway.
Plus, there are what you would call “hidden gems” on the outskirts of Lakeway on streets like Challenger, Robin Dale Drive and Bermuda Street with luxurious homes (old and new) on the lake that boast gorgeous views and lake access.
Small neighborhoods with newer custom homes like Estates Above Hurst Habor off Hurst Creek Road rarely have homes for sale because nobody wants to leave this little slice of heaven.
Restaurants & Shopping
Lakeway has everything you could possibly need within reach. You’ll have your choice of grocery shopping at H-E-B or Randalls. Local boutiques and shops include Sweetpeas, Point of Origin, Adorn, Maria & Kyndal’s, Dutchess, FIND, Gatsbys and many more.
Popular restaurants in Lakeway include The Grove, Flore’s, Mangieri’s, Thai Spice, Santa Catarina, The League, and Fore to name a few. Plus, the new eateries that will open in Oaks at Lakeway.
Family & Recreation
One of the things residents love about living in this area of Lake Travis is how accommodating it is for young families.
If your youngster is on the move, you’ll love the playscapes at local dining spots like Craig O’s, Magieri’s and Flores.
Plus, places like Rolly Pollies, Paiyh Dance Studios, MyTime Kids Gym, TexARTS and Avila Soccer are great spots for indoor gymnastics, dancing, music, soccer and other activities designed especially for children.
Lakeway City Park, The Hills Park and Bee Cave Central Park are also nearby and Hill Country Galleria hosts family events almost weekly.
Lakeway is home to Field of Dreams off Highway 71 where the Lake Travis Youth Association (LTYA) runs recreational league sports from t-ball to flag football to basketball and more.
When it comes to activities, Lakeway is known for its world-class golf and tennis. The World of Tennis is a huge complex off Lakeway Blvd. at the entrance of Rough Hollow with indoor and outdoor tennis facilities, as well as a fitness center and the famous (or infamous) tennis racket-shaped pool.
You’ll also enjoy the Lakeway Swim Center and Skate Park, which is located off Lakeway Boulevard near Serene Hills Elementary school. The facility has a huge leisure pool with a shallow beach-like entry that’s the perfect spot for little ones to splish and splash, as well as a lap pool and a 9,000 square foot skate park.
Marinas & Yacht Clubs
Time on the water is certainly a big part of why you live here and Lakeway has plenty of marinas (public and private) for easy access to Lake Travis: Lakeway Marina, Rough Hollow Yacht Club, Emerald Point Marina, Sail & Ski Yacht Club, Austin Yacht Club, Hurst Harbor Marina and Crosswater Yacht Club.
Lakeway is in the Lake Travis Independent School District. All of the elementary schools in the area provide an outstanding education with anti-bullying campaigns, technology in the classrooms, opportunities for community involvement and more.
Elementary schools include Lakeway Elementary, Serene Elementary and Lake Travis Elementary. Middle schools include Lake Travis Middle School and Hudson Bend Middle School. The high school in Lakeway is Lake Travis High School, known nationwide for its stellar football program — a stand-out in Texas.
Figuring out the boundaries of Lakeway is a little bit convoluted because right in the middle of Lakeway is the gated community of The Hills, which is actually its own city.
Taking that into consideration, Lakeway begins at Highway 71 near Bee Creek Rd. and goes all the way up RR 620 to Stroup Circle. Lakeway extends west up Oak Grove Blvd. and Stewart Road all the way to Lake Travis. The boundary weaves along the shoreline of Lake Travis and winds around the tip of Rough Hollow before heading south along Highlands Blvd. and back out to Highway 71.
Zip codes in the Lakeway area include 78734 and 78738.
Can you live here?
The exurb of Lakeway may look like your typical lakeside community, but if you’re familiar with the area, you know Lakeway offers residents a wide array of homes and neighborhoods from gorgeous waterfront estates to cottages on the golf course to eclectic gems nestled in the hills off long, windy roads.
And if you’re looking for an active community with lots of parks, playscapes, lake activities, golf and tennis … you will love calling Lakeway home.
More About Lake Travis Real Estate
Lake Travis Lifestyle spotlights area neighborhoods, covers Lake Travis area history and gives you insight on the local market conditions. If you’re looking to call the Lake Travis area home — or just looking for a new place to live — we’ve got you covered.