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 stone's throw from the vibrant city of Austin. Known for its breathtaking views of the Texas Hill Country and the serene waters of Lake Travis, Lakeway offers a perfect blend of natural beauty and suburban charm. With a rich array of outdoor activities, from boating and fishing to hiking and golfing, residents enjoy an active lifestyle in this idyllic setting.

Lakeway is not just about stunning landscapes; it's also a thriving community with top-rated schools, family-friendly parks, and a warm, welcoming atmosphere. Whether you’re a young professional, a growing family, or looking to retire, Lakeway accommodates all lifestyles, making it a sought-after destination for homebuyers.

If you’re in the market for a home under $500,000, you’re in luck! Lakeway offers a range of affordable housing options that don’t compromise on quality or comfort. From charming single-family homes to cozy townhouses, you can find a variety of properties that fit your budget while still enjoying the perks of living in this beautiful city. Many homes feature modern amenities, spacious yards, and easy access to local shops and dining, ensuring that you have everything you need right at your fingertips.

Discover the magic of Lakeway, where affordable living meets a vibrant community, and make this enchanting city your new home!

Newest Lakeway Homes under $500,000

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
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
2201 Lakeway Blvd Unit 25, Lakeway
$299,993
1 Beds ⋅ 2 Baths ⋅ 3390811 MLS ⋅ 78734 Zip Code
Some homes ask you to compromise. This one doesn't. Finding a home at this price point often means giving something up, a garage, storage, a flexible floor plan, or room to grow. At 2201 Lakeway Blvd. #25, you don't have to choose. Thoughtfully updated and filled with natural light, this home offers a layout that adapts to your lifestyle. Need a dedicated office? There's a perfect workspace tucked just off the kitchen. Looking for extra storage? Between the attached one-car garage, workshop area for additional storage space, there's room for everything from bikes and paddleboards to holiday décor and hobbies. Life changes, and your home should be able to change with it. That's why we've virtually staged the spacious loft to illustrate the potential for a future second bedroom. Whether you envision a guest suite, nursery, second office, or creative studio, the space offers flexibility while still preserving the open feel that makes the home so inviting. The updated kitchen features stone countertops, stainless steel appliances, and opens seamlessly to the dining and living areas, where a cozy wood-burning fireplace creates a warm, comfortable place to gather. Outside, enjoy your morning coffee in the private courtyard or unwind on the back patio overlooking peaceful greenspace. Pending HOA approval, buyers may have the opportunity to fence the backyard, creating an even more private outdoor retreat. Residents enjoy access to community amenities including a pool and tennis courts, all while being just minutes from Lake Travis, Hurst Creek, Lakeway City Park, local restaurants, shopping, golf, and everything Lakeway has to offer. This isn't simply a one-bedroom home. It's a home designed to grow with you, offering flexibility, functionality, and exceptional value in one of Lakeway's most desirable locations.

2201 Lakeway Blvd Unit 25, Lakeway
267 Mooring Cir, Lakeway
$422,500
3 Beds ⋅ 2 Baths ⋅ 2604967 MLS ⋅ 78734 Zip Code
SINGLE STORY + NO HOA + LAKE TRAVIS ISD + HAMILTON GREENBELT + UNDER $440K + 2-CAR GARAGE + PRIVATE OUTDOOR LIVING! This is a Rare opportunity to own a 1-story Lakeway home with NO HOA at an approachable price point in acclaimed Lake Travis ISD. Just around the corner from Hamilton Greenbelt, 267 Mooring Cir offers 3 bedrooms, 2 baths, a 2-car garage and an easy-flowing open layout with high ceilings, fireplace, abundant natural light and no carpet. Outside, a private courtyard-style patio creates an inviting extension of the living space with mature shade trees, room for dining and entertaining, and a covered gazebo for relaxing outdoors. This was previously used as a second home and lightly lived in, the furnishings are available separately for buyers looking for an easy transition. Whether you're seeking a full-time Lakeway home, lock-and-leave lifestyle or Texas retreat, this is an opportunity worth seeing in person. Schedule your showing today.

267 Mooring Cir, Lakeway
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