Lakeway Homes under $500,000

Lakeway Homes under $500,000

Welcome to Lakeway, Texas – a picturesque gem nestled in the heart of Travis County, just a short drive from the vibrant city of Austin. Known for its stunning views of Lake Travis and a lifestyle that beautifully blends relaxation with recreation, Lakeway is the perfect place to call home. With a strong sense of community and an array of amenities, this charming city offers an unparalleled quality of life.

Lakeway boasts a variety of outdoor activities, from boating and fishing on the serene waters of Lake Travis to hiking and biking along scenic trails. Families will appreciate the top-rated schools and numerous parks, which provide ample opportunities for children to play and grow. The city’s vibrant social scene includes local restaurants, shops, and cultural events, ensuring that there’s always something exciting happening.

For those looking to settle down in this idyllic community without breaking the bank, Lakeway offers an impressive selection of homes priced under $500,000. These properties range from cozy single-family homes to modern townhouses, catering to diverse lifestyles and preferences. Whether you’re a first-time homebuyer or looking to downsize, you’ll find a variety of options that fit your needs.

Imagine waking up to breathtaking views, spending weekends exploring the great outdoors, and enjoying the warm, welcoming atmosphere of Lakeway. With its affordable housing options, this charming city invites you to embrace a fulfilling lifestyle in one of Texas's most sought-after locations. Discover your dream home in Lakeway today!

Newest Lakeway Homes under $500,000

275 Mooring Cir Unit A, Lakeway
$319,000
2 Beds ⋅ 2 Baths ⋅ 1281391 MLS ⋅ 78734 Zip Code
Owner Financing available. Buy one or both sides. Be one of Two person HOA with Low HOA fee $175 mo. Owner is Agent. Here’s a chance to live in an updated 2 bedroom, 2 full bathroom condo in Lakeway where you have access to Lakeway Amenties and educational opportunities of award winning schools of Lake Travis ISD. This is one half of a duplex with a 2025 roof, 2026 electric range,2026 dishwasher, 2026 microwave. Plus refrigerator, front yard bench and dryer convey. No carpet, easy to clean Tile floors. Kitchen was opened to living area. Condo has great natural lighting and a back yard covered patio. There is green space behind the back fence. The Hamilton Greenbelt and Smith Greenbelt are walking/hiking trails are less than 1/2 mile just off Lohman’s Crossing and Cafe Lago Deli just off Sailmaster

275 Mooring Cir Unit A, Lakeway
15217 Glen Heather Dr, Lakeway
$495,000
3 Beds ⋅ 3 Baths ⋅ 1558622 MLS ⋅ 78734 Zip Code
NEW ON MARKET -IDEAL Lakeway Location!. Stylish, updated 3-2.5-2 Open floor plan w/huge gourmet style kitchen, high ceilings, Plantation shutters, lovely tile flooring, panoramic hill country views from primary bedroom, luxury master bath w/garden soaking tub ,separate tiled shower. Enormous master closet. Bonus game room upstairs along w/ 3 bedrooms & 2 bathrooms, pocket office w/wood flooring & laundry room. Attached 2-car garage has upgraded epoxy flooring. Private patio backs to beautiful wooded canyon! Walk to HEB, restaurants, shops- so convenient to the new Main Street coming attractions. HOA fees includes water, internet and cable, trash, lawn maintenance, lovely residents pool, gym! LTISD School district. This condo does not have an enclosed backyard but has a small green space and private covered back patio with an awning.

15217 Glen Heather Dr, Lakeway
101 Rivalto Cir Unit 2, Lakeway
$500,000
3 Beds ⋅ 2 Baths ⋅ 7722382 MLS ⋅ 78734 Zip Code
HOA INCLUDES CABLE, LANDLINE, AND ALL AMENITIES! 55+ Community in the Tuscan Village of Lakeway! This townhome has the largest floor plan in Tuscan Village and overlooks a private park. Stunning one-story with three spacious bedrooms, an open living and dining room with hardwood floors, and built-in shelving. The home has a wine closet and a large private patio with a dog run. The kitchen features granite countertops and stainless steel appliances. The floor plan has two master suites with large walk-in closets. The 3rd bedroom may be used as an office. The washer/dryer is conveyed with the property. The Tuscan Village amenities include a heated community pool, hot tub, fitness center, water aerobics, yoga studio, putting green, pickleball court, walking trails, and weekly and monthly activities. The HOA covers internet, landscaping, and exterior insurance. This community is minutes from the Hill Country Galleria shopping center, restaurants, and medical facilities.

101 Rivalto Cir Unit 2, Lakeway
104 Bella Toscana Ave Unit 2310, Lakeway
$338,000
2 Beds ⋅ 2 Baths ⋅ 5893504 MLS ⋅ 78734 Zip Code
Charming 55+ Condo in Tuscan Village Lakeway Discover effortless living in this beautifully maintained lock-and-leave condo located in the heart of the coveted 55+ community of Tuscan Village Lakeway. Ideally situated near the local library, police station, hospital complex, shopping, dining, and top-tier golf courses—everything you need is just moments away. This thoughtfully designed home features a spacious Owner’s Suite with a private bath, including a double vanity, walk-in shower, and large walk-in closet. A second bedroom and full guest bath provide comfortable accommodations for friends and family, while the flexible bonus room/study is perfect for a home office, hobby space, or reading retreat. The light-filled open-concept living and dining area flows seamlessly from the eat-in kitchen, which boasts stainless steel appliances, a pantry closet, and ample cabinet and prep space. Warm wood flooring throughout, abundant natural light, and tasteful finishes make this home move-in ready. Step outside to a private patio with tranquil views of the community fountain—the perfect spot to relax and unwind. Additional highlights include reserved garage parking, personal mailbox on the lower level, and elevator access for convenience. Enjoy an active lifestyle with access to Tuscan Village’s impressive amenities: a community center with a large dining/meeting hall, billiards room, yoga studio, fitness center, and both indoor and outdoor pools. Stroll through the picturesque park-like setting along a running creek, take in a game of pickleball or bocce, or practice your swing on the putting green. Buildings and amenities are securely accessed, providing peace of mind. Lovingly cared for and truly move-in ready—this is your opportunity to enjoy a vibrant, low-maintenance lifestyle in one of Lakeway’s premier active adult communities.

104 Bella Toscana Ave Unit 2310, Lakeway
1004 Biscayne Cv, Lakeway
$499,000
3 Beds ⋅ 2 Baths ⋅ 5018667 MLS ⋅ 78734 Zip Code
Welcome to 1004 Biscayne Cove, where classic Lakeway character meets spacious, flexible living just minutes from Lake Travis and two nearby golf courses. Set beneath mature trees, this distinctive stone home makes a memorable first impression with its circular drive, beautiful masonry, and inviting covered entry. Inside, a fresh full-interior paint update creates a bright, clean backdrop throughout. The open kitchen features granite countertops, abundant cabinetry, stainless steel appliances, and a breakfast bar that connects easily to the surrounding living and dining spaces. A striking stone fireplace brings warmth and character to the main living area, while large windows fill the home with natural light. One of the home's standout features is the expansive additional family/game room—a versatile space with French doors to the backyard that could easily accommodate entertaining, a media room, home office, fitness area, playroom, or multiple uses. Hard-surface flooring throughout much of the home offers easy everyday living, and the dedicated laundry room provides additional storage. Recent improvements include a new 50-year roof, freshly pumped septic system, and complete interior paint—valuable updates already taken care of for the next owner. Enjoy the Lakeway lifestyle with Lake Travis, golf, recreation, dining, and everyday conveniences nearby. With its spacious floor plan, mature setting, classic stone architecture, and incredible potential, 1004 Biscayne Cove is a home you'll want to experience in person. Come see the space, character, and possibilities for yourself.

1004 Biscayne Cv, Lakeway
100 Lido Cir Unit B2, Lakeway
$359,000
3 Beds ⋅ 2 Baths ⋅ 5971921 MLS ⋅ 78734 Zip Code
Fully furnished! Enjoy golf course living in this beautifully situated condo on the 4th tee of the iconic Live Oak Golf Course. It offers stunning views from both the patio and private balcony--perfect for relaxing or entertaining. A charming front porch courtyard welcomes you in, while the interior features a bright, open layout with abundant natural light from large windows throughout. The flexible floor plan includes a lovely primary on the second floor, sharing the balcony with a secondary large bedroom, but the downstairs bedroom could also be used as an excellent primary option because of the upscale bathroom and private hallway with door to close it off. A secondary living space upstairs is a surprising bonus for an office, workout space, or even a quaint guest accommodation. The open-concept kitchen flows seamlessly into the dining room and breakfast bar, and the living area anchored by a beautiful fireplace. Storage is plentiful with extra hall closets and a thoughtfully designed laundry space off the kitchen flanked by pantry and shelves. Located just minutes from local eateries, shopping, points of recreational interests, and the Lakeway airstrip, this property combines comfort, convenience and scenic surroundings. Midterm rentals (3+ months) are accepted, adding great investment potential. Some personal items to be removed. Recent updates include roof shingles, connecting to city sewer, and complete painting to the exterior of the units. HVAC is three years old.

100 Lido Cir Unit B2, Lakeway
583 Rupen Dr, Lakeway
$495,000
2 Beds ⋅ 3 Baths ⋅ 1535471 MLS ⋅ 78734 Zip Code
Mediterranean-style villa in the heart of Lakeway with no HOA and a rare three-car garage. Behind the stucco and tile-roof exterior, 2,007 square feet unfold across two levels around a vaulted great room with fireplace, wet bar, and two dining areas. The floor plan is the differentiator: two primary suites, one per level, each with a full bath, giving the upstairs and downstairs true independence. Granite counters, coffered ceilings, saltillo tile, and a second fireplace carry the home's 1985 character; one bath has been fully updated with a frameless glass shower. The low-maintenance lot with rear alley access means no yard weekends, and no HOA means no dues and no approval process. Lake Travis ISD, minutes to Lakeway shopping, dining, and lake access. Priced to let the next owner bring their own finishes to a home that has the bones, the square footage, and the garage space already handled.

583 Rupen Dr, Lakeway
411 Seawind, Lakeway
$449,000
3 Beds ⋅ 3 Baths ⋅ 4643297 MLS ⋅ 78734 Zip Code
Single-story living, an end-unit setting, no HOA, and Lakeway Golf Club just a short walk away make 411 Seawind anything but typical. This 3-bedroom, 3-bath home offers a bright, open feel with soaring ceilings, a dramatic wall of windows, hardwood floors, and peaceful Hill Country views. The updated kitchen features quartz countertops, while updated windows add comfort and efficiency throughout the home. Outside, the full-length covered front porch gives you a great place to enjoy the view, while the private rear courtyard wraps around a beautiful mature oak and backs to wooded green space for an added sense of privacy. A two-car garage is tucked off the private rear alley, plus there is additional parking for approximately 5–6 vehicles out front—an unusual amount of parking for this type of property. With no HOA or HOA fees, golf nearby, generous parking, outdoor space, and the privacy of an end unit, 411 Seawind offers a combination that's hard to find in Lakeway.

411 Seawind, Lakeway
106 Bella Toscana Ave Unit 3101, Lakeway
$399,900
2 Beds ⋅ 2 Baths ⋅ 9699181 MLS ⋅ 78734 Zip Code
Experience refined, low-maintenance living in this stunning 2-bedroom, 2-bathroom loft-style residence, perfectly positioned on the first floor of Tuscan Village—a premier 55+ active adult community in Lakeway. This end unit light-filled home offers enhanced privacy and serene, open views through expansive walls of windows This large ground floor end unit uniquely offers windows on 3 sides. The seamless open-concept kitchen/living/dining space flows out to a private covered patio, ideal for relaxing or entertaining. The thoughtfully designed layout features a private primary suite (with his/hers walk-in closets) separated from the secondary bedroom, perfect for accommodating guests. A bonus space (makes a great hobby room, dedicated home office or separate media room) is a popular addition. As a special feature, loft owners receive exclusive access to community rooms, providing extra flexibility for private events and gatherings. Loft residents have a private gated parking garage and enjoy an unparalleled resort-style lifestyle with access to top-tier amenities. The Salus Clubhouse at 111 Medici Avenue features a fully equipped gym (open daily from 6 a.m. to 10 p.m.), a yoga room, library, social room, and activity room. Outdoors, the vibrant community offers “Central Park”, a resort-style pool, a putting green, bocce ball, and a pickleball court—all curated to foster an active and social lifestyle. For an added bonus, owners of this uniquely located unit can walk right out of the Primary patio door and directly to the Salus Clubhouse.

106 Bella Toscana Ave Unit 3101, Lakeway
275 Mooring Cir Unit B, Lakeway
$349,999
2 Beds ⋅ 2 Baths ⋅ 6535182 MLS ⋅ 78734 Zip Code
Buy one or both sides. Owner Finance possible. Open Floor Plan. 2 unit condo association established with low fee $175/mo. Recent roof 2025, updated and low recommended HOA fee set up to handle homeowners insurance on both units and roof for future replacement in 30 yes. Owner finance available with 10% down. HOA will transfer to occupants of the 2 condos to take over and manage it. Here’s a chance to live in an updated 2 bedroom, 2 full bathroom condo in Lakeway where you have access to all the Lakeway Amenties and educational opportunities of Lake Travis ISD. This is one half of a duplex with a 2025 roof, 2026 electric range, 2026 microwave and dishwasher. Plus ss refrigerator, dryer, back patio set, and shed convey. No carpet, easy to clean Tile floors. Kitchen is open to living area. Condo has great natural lighting and a back yard covered patio. There is a green space behind the back fence. There are two walking/hiking trails, Hamilton Greenbelt and Smith Greenbelt, less than 1/2 mile just off Lohman’s Crossing and a Deli (Cafe Lago} just off Sailmaster.

275 Mooring Cir Unit B, Lakeway
122 World Of Tennis Sq Unit 122, Lakeway
$425,000
4 Beds ⋅ 4 Baths ⋅ 8237307 MLS ⋅ 78738 Zip Code
Condos like this don’t come around often. This 2,272 sqft home in World of Tennis lives like a private residence — beautifully finished, low-maintenance, and full of the right touches throughout. Four bedrooms, each with its own en-suite bath, offer everyone their own space, while the open kitchen with center island flows effortlessly into the living and dining areas, overlooking the tennis courts and mature trees. Indoor/outdoor living is at the heart of this home, with a front porch for morning coffee and sunset views, a back patio for quiet evenings, and a balcony perfect for al fresco dinners. Inside, every detail works together — hardwood and tile flooring throughout, updated cabinets, sinks, bathrooms and fixtures, lighting and fans, and solar shades on every window for comfort and efficiency year-round. Storage is generous inside and out, with closets featuring built-ins, this home is truly move-in ready. The location is unbeatable — zoned to Serene Hills Elementary, and just minutes from Lakeway and Bee Cave's best shopping and dining. Enjoy easy access to the Lakeway Swim Center, miles of hiking and biking trails, the Hamilton Greenbelt, Lakeway Marina, and area golf courses. All the beauty of hill country living, with a low tax rate and the ease of lock-and-leave — just 30 minutes from downtown Austin. This is the perfect combination of space, style, and location, all in one!

122 World Of Tennis Sq Unit 122, Lakeway
104 Bella Toscana Ave Unit 2302, Lakeway
$450,000
3 Beds ⋅ 2 Baths ⋅ 2849884 MLS ⋅ 78734 Zip Code
Welcome to elevated, low-maintenance living in Tuscan Village, a premier 55+ community in Lakeway. This stunning 3-bedroom, 2-bath loft-style residence is perched on the third floor, offering the added privacy of no neighbors above and peaceful, open views. Designed to impress, the home features walls of windows throughout, flooding the space with natural light and showcasing beautiful views. The open living area extends seamlessly to two private balconies, perfect for morning coffee, evening breezes, or entertaining guests. No carpet throughout adds a clean, modern aesthetic and easy upkeep. The spacious layout includes a private primary suite and versatile secondary bedrooms ideal for guests, hobbies, or a home office. As a loft owner, you'll also enjoy exclusive access to community rooms available to rent for private gatherings and events, adding even more flexibility for entertaining. Residents of Tuscan Village enjoy an exceptional amenity package, including the Clubhouse at 111 Medici Avenue featuring a library, social room, activity room, yoga room, and fully equipped gym (open daily from 6 a.m. to 10 p.m.). Outdoor amenities include a resort-style pool, pickleball court, bocce ball, putting green, and Central Park, all designed to support an active, social lifestyle. This light-filled, balcony-enhanced loft offers the perfect blend of privacy, comfort, and resort-style living in one of Lakeway's most desirable active adult communities.

104 Bella Toscana Ave Unit 2302, Lakeway
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