Lakeway Investment Real Estate
Lakeway Investment Properties for Sale
Description of Lakeway Area
- MLS Areas are LN,LS
- Zip codes 78645,78734,78738,78732
- Boundaries: Located in Travis County off Highway 620 West of downtown Austin, the city boundaries of Lakeway line 620 on the east and west side around Lake Travis.
Population Growing Steadily
Originally set up as a recreation area, Lakeway is maturing into a residential community and moving towards continued expansion. Investments in this pristine area are likely to appreciate at normal rates in the coming years.
Close Proximately to Austin
Lakeway is a beautiful city and is located just 20 miles from downtown Austin. The city draws families, professionals, weekenders, and retirees, all of whom enjoy the comforts and convenience of living in a community that combines the best of country and suburban life.
A Recreation Centered Community
Residents enjoy sailing, windsurfing, tennis, boat cruising or fishing, golfing, elegant dining, fabulous boutiques and mall shopping, to name a very few.
Residents here enjoy amazing views of Texas hill country, the lake, limestone cliffs, fields, and other natural wonders. Lakeway is also unique because it is recreation-focused. The planners created the city to offer plenty of recreation opportunities for residents that center on the natural beauty of being in close proximity to Lake Travis.
A Variety of Investment Properties
Properties in Lakeway include single family homes, weekend homes and vacation properties. There are some gorgeous waterfront homes in Lakeway that assess for millions and there are also some small homes built in the 1960s and early 70s that have not been updated but still keep their quaint appearance and value. Looking at active listings and homes that sold in 2008 the average price for a home in this area was $575k. The price of new construction in Lakeway on the other hand averages closer to $800k. The range was from $200k for a small older home, likely not updated, to over $3 million dollars for a waterfront home.
Lake Travis Independent School District has a reputation for its excellent academic standards as well as its commitment to students. With honors courses, AP classes, a low 16 to 1 student to faculty ratio, extracurricular activities, computer classes, and other features. This prestigious district ensures that more than 40% of its teachers have graduate degrees. This helps ensure that students place well in colleges and learn early on the importance of further education.
For more information about Lakeway investment real estate, contact the Davis Company, Real Estate at 512-473-2444 ext 1 (office)
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