Lakeway, TX Properties | Metro Realty Advisors

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Lakeway occupies the southern shore of Lake Travis in western Travis County, Texas, in the Hill Country about 25 miles west of downtown Austin. The city lies in the corridor framed by Ranch to Market Road 620, State Highway 71, and Bee Creek Road, placing it near the heart of the Lake Travis area while keeping downtown Austin within commuting range. The lake itself — a long, winding impoundment of the Colorado River and one of the Texas Highland Lakes — defines the community's geography, its recreation, and much of its identity. Lakeway's origins set it apart from most Austin suburbs. The community was founded as a retirement and second-home destination built around the lake, and for decades it functioned as a resort-style enclave of golfers, boaters, and seasonal residents. Over time, that base broadened as families were drawn by Lake Travis ISD's schools, the area's parks and trails, and the appeal of year-round lakeside living. The city today retains the polished, amenity-rich character of its origins while functioning as a full-time residential community. The city manages an unusually strong portfolio of public amenities for its size, with roughly 100 acres of parkland and trails and nearly 500 acres of greenbelts threaded through and around its neighborhoods. Golf courses, tennis facilities, a swim center, and marina access reflect the community's resort heritage, and Lake Travis itself remains the centerpiece of daily recreation. Lakeway appeals to households who want Hill Country scenery, lake access, and highly regarded schools without surrendering the convenience of Austin. Its residents range from longtime retirees to young families, and the area's blend of waterfront properties, gated golf-course communities, and established hillside neighborhoods gives the city a distinct, upscale suburban character on the edge of the Texas Hill Country.

Population 19,189

County Travis

Active Listings 297

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Frequently Asked Questions

Where is Lakeway located?

Lakeway is in western Travis County, Texas, on the south shore of Lake Travis. The city lies about 25 miles west of downtown Austin, in the corridor framed by Ranch to Market Road 620 and State Highway 71.

What county is Lakeway in?

Lakeway is in Travis County, Texas, in the Texas Hill Country west of the state capital. Travis County is home to the city of Austin, which serves as both the county seat and the state capital, about 25 miles to the east of Lakeway.

What school district serves Lakeway?

Most of Lakeway is served by the Lake Travis Independent School District, which includes Lake Travis High School and several area elementary campuses. A few nearby neighborhoods are served by the Leander Independent School District instead.

What is Lake Travis?

Lake Travis is a reservoir on the Colorado River and one of the Texas Highland Lakes. It stretches for many miles through the Hill Country west of Austin and is the centerpiece of recreation in the Lakeway area.

How far is Lakeway from downtown Austin?

Lakeway is about 25 miles west of downtown Austin, reached via Ranch to Market Road 620, the 183 corridor, or State Highway 71. Commute times can lengthen at peak hours, a familiar trade-off for lakeside living.

City Guide

About Lakeway

Real Estate & Housing

Lakeway's housing reflects its evolution from lakeside resort to full-time suburb. The city holds a broad mix of established single-family homes on tree-covered hillside lots, golf-course and master-planned communities, and a significant stock of waterfront and lake-view properties along Lake Travis. Early construction favored second-home and retirement-oriented styles, while later phases added larger family homes and estate properties. Condominiums and townhomes cluster near the lake and resort amenities. Because much of the city is built into Hill Country terrain, lot sizes and setbacks vary widely from street to street, giving neighborhoods a varied, often wooded, low-density feel.

Neighborhoods

Lakeway's neighborhoods trace a progression from the lake outward. The original lakefront core, near the marina, resort, and the early golf courses, holds many of the city's waterfront homes and condominium properties. The Hills of Lakeway, a large master-planned golf community, occupies a prominent upland setting with its own course and amenities. Newer hillside and hilltop subdivisions, including the area around Serene Hills Elementary School, add family-oriented homes with Hill Country views. The result is a city of distinct districts — lakefront, golf-course, and hilltop — rather than a single uniform housing pattern.

Lifestyle in Lakeway

Lakeway pairs the leisure of lake life with the polish of a resort-founded community. Boating, fishing, paddleboarding, and lakeside entertaining set the recreational tone, while golf, tennis, swimming, and a network of trails round out the active lifestyle. The Lakeway Resort and Spa, a full-service hotel on the lake, anchors hospitality and events. Dining and shopping in Lakeway are convenient and locally oriented, with the broader offerings of Bee Cave, the Hill Country Galleria, and downtown Austin a short drive away. Community events, youth sports, and a strong parks program keep the city lively for families and retirees alike.

Schools & Education

Most of Lakeway falls within Lake Travis Independent School District, one of the Hill Country's most sought-after districts. Campuses serving the area include Lake Travis High School, Lakeway Elementary, and Serene Hills Elementary, among others, with some nearby neighborhoods served by Leander ISD. The district's reputation is a principal draw for families relocating to the Lake Travis area, and its schools are tightly woven into the community's identity. Private and preschool options add further choice for younger children.

Getting Around

Lakeway sits between Ranch to Market Road 620, which runs along the city's eastern edge toward Austin, and State Highway 71 to the south, the corridor leading to the Hill Country and toward Austin-Bergstrom International Airport. Commuters typically reach downtown Austin in about 25 miles via RM 620, the 183 corridor, or Highway 71. The area is car-dependent, and most residents drive to employment centers in Austin, Bee Cave, and the surrounding Hill Country. The city's position west of Austin means commutes can lengthen at peak hours, a familiar trade-off for lakeside living.

Parks & Recreation

Lake Travis is Lakeway's defining recreational asset — a long impoundment of the Colorado River and one of the Texas Highland Lakes, offering boating, water skiing, wake sports, and fishing across its many coves and channels. On land, the city maintains roughly 100 acres of parkland and trails plus nearly 500 acres of greenbelts, alongside golf at The Clubs at Lakeway and The Hills of Lakeway. The Lakeway Swim Center, tennis courts, and a skate park add year-round facilities. The surrounding Hill Country extends recreation further, with parks, wineries, and open space throughout the Lake Travis region.

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