1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Tax
  8. Calculator
  9. Similar
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Status: Active

502 Lakeway Dr 
Lakeway, TX 78734

$1,059,000

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This exceptional one-story contemporary home, designed by a noted Bend, Oregon architect, perfectly blends modern elegance with everyday comfort. Offering 3 spacious bedrooms, 3 full baths, and a dedicated office easily convertible to a 4th bedroom, the home features soaring 17-foot ceilings and expansive windows that flood the interiors with natural light. The thoughtfully designed layout includes a third bedroom with its own full ensuite bath and wet bar, making it an ideal second master or private guest suite. A gated courtyard framed by mature trees creates a warm and welcoming entry, while oversized sliding doors connect the indoor living spaces to the serene outdoor retreat. The oversized 2-car garage—with EV hookup and a back bay for a third vehicle or golf cart—adds convenience and flexibility. Situated on the 9th hole of the Live Oak Golf Course, the property enjoys stunning views, privacy, no HOA, and low taxes. Within walking distance are the Lakeway Airpark, tennis courts, and a 64-acre lakefront park with trails, kayaking, pickleball and more. Families benefit from the highly acclaimed Lake Travis ISD, and golfers can enjoy both championship and casual courses nearby. This architect-designed residence offers a rare opportunity to own a private sanctuary in one of Lakeway’s most desirable locations.
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Bedrooms
3
Baths
3
House Size
2,949 sqft
Year Built
2013
Lot Size
0.39 ac
School District
Lake Travis ISD

Location

Market Insights

In the last 30 days, homes for sale in 78734, Austin, TX were on the market for a median of 123 days and 0% of homes sold above list price.

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Interior Information

appliances
Built-in Electric Oven
Convection Oven
Dishwasher
Disposal
Electric Cooktop
Induction Cooktop
Instant Hot Water
Microwave
Double Oven
Stainless Steel Appliance(s)
Vented Exhaust Fan
Washer/dryer
Electric Water Heater
Water Purifier Owned
Water Softener Owned
cooling
Ceiling Fan(s)
Central Air
Energy Star Qualified Equipment
features
Ceiling Fan(s)
Beamed Ceilings
High Ceilings
Granite Counters
Double Vanity
Eat-in Kitchen
High Speed Internet
Kitchen Island
Open Floorplan
Pantry
Recessed Lighting
Smart Home
Storage
Walk-in Closet(s)
Wired For Sound
Master Downstairs
fireplace
Living Room
Wood Burning
flooring
Tile
Wood
heating
Exhaust Fan
Central
Energy Star Qualified Equipment
laundry features
Inside
view
Golf Course
window features
Energy Star Qualified Windows
Screens

Exterior Information

features
Uncovered Courtyard
Lighting
Private Yard
fence
Fenced
Full
Gate
Wrought Iron
patio and porch
See Remarks
Covered
Front Porch
Patio
Porch
pool
None
roof
Shingle

Property Information

community
Airport/runway
Clubhouse
Golf
Lake
Park
Pool
construction
Cedar
Stone
Stucco
foundation
Slab
lot
Back Yard
Close To Clubhouse
Front Yard
Gentle Sloping
Landscaped
Many Trees
other structures
None
parking
Attached
Concrete
Garage Door Opener
Garage Faces Side
Oversized
security features
Smoke Detector(s)
Fire Alarm
Prewired
sewer
Engineered Septic
Public Sewer
Septic Tank
subdivision name
Lakeway Sec 02
utilities
Underground Utilities
Electricity Connected
Natural Gas Not Available
Sewer Available
Water Connected
  • Listed By Lauren Love
  • (512) 627-3900
  • Austin Choice Homes
  • (512) 627-3900
  • MLS 1918534

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$6,941 (-15.4%)$292,500$535,704$828,204 (-13.6%)
2023$8,201 (0%)$292,500$666,422$958,922 (-1.3%)
2022$8,201 (-1.9%)$292,500$679,100$971,600 (+46.5%)
2021$8,357$99,000$564,100$663,100

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$6,458

30 year fixed·6.9% interest rate
Principal & Interest
$5,580
Property Taxes
$578
Home Insurance
$300
HOA Fees
$0
%

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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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