Lakeway

Lakeway is an upscale lakeside community located in the Texas Hill Country, approximately 20 miles northwest of downtown Austin in Travis County. The city began as a retirement and second-home community but has evolved into a family-oriented destination known for its scenic beauty and lake lifestyle. Situated along the shores of Lake Travis with its eastern boundary near Ranch-to-Market Road 620, Lakeway offers a tranquil contrast to the rapidly growing Austin metropolitan area. The community is characterized by well-managed growth, natural beauty, and a strong sense of community pride. With a population of 19,130 residents as of 2023, the city has experienced steady growth, increasing from 8,002 residents in 2000 to 15,138 in 2020, reflecting its appeal to families, active empty-nesters, and young professionals seeking a balance between suburban living and outdoor recreation.

Lakeway attracts a mature, affluent demographic with a median age of 50.3 years and a median household income of $164,978 as of 2023. The community is predominantly White (Non-Hispanic) at 79.1%, with Asian (Non-Hispanic) residents comprising 7% of the population. With 7,965 households and an average household size of 2.38 residents, Lakeway represents a mix of established families and empty-nesters. The lifestyle centers around the 'lake lifestyle' with abundant recreational opportunities including boating, fishing, swimming, scuba diving, water sports, hiking, biking, tennis, and golf. The city features award-winning parks and recreation programs and facilities that foster an active community atmosphere. Residents enjoy shopping and dining options, with popular venues including The Skull & Crown, Core and More Pilates, and Events By Collette. The community is known for being extremely safe and welcoming, with residents taking great pride in the city's unique history and natural amenities. The area provides a peaceful retreat while maintaining proximity to Austin's urban conveniences and employment opportunities.

Lakeway is served by the Lake Travis Independent School District (LTISD), which is renowned for its academic excellence and highly-rated schools. The district serves the area with top-rated elementary, middle, and high schools that are a major draw for families relocating to the community. Lake Travis ISD is recognized as one of the best school districts in the Austin area, known for strong academic programs, dedicated faculty, and comprehensive extracurricular activities. The district's schools consistently receive high ratings and offer diverse educational opportunities that appeal to families seeking quality education in a supportive environment.

Lakeway offers diverse dining and entertainment options that cater to its affluent, active resident base. Notable establishments include The Skull & Crown, a popular social venue, and Core and More Pilates, reflecting the community's focus on health and wellness. Events By Collette provides event planning and entertainment services for the community. The area features multiple athletic facilities and family-friendly venues. Shopping and dining are concentrated along Ranch-to-Market Road 620 near the city's eastern boundary, which serves as the commercial corridor. The community supports various local businesses and restaurants that cater to the upscale demographic, though specific establishment details are limited in available data.

Lakeway's housing market reflects its status as an upscale lakeside community with premium pricing. The median household income of $164,978 indicates a market oriented toward affluent buyers and residents. Homes in Lakeway typically feature lake views, larger lot sizes, and modern amenities reflecting the community's focus on quality living. The market has experienced steady appreciation, with the community's population growth from 15,138 in 2020 to 19,130 in 2023 indicating strong demand. Housing styles range from established homes to new construction, with properties often featuring outdoor living spaces suited to the recreational lifestyle. The area attracts both primary residence buyers and second-home purchasers seeking a retreat property. Specific current price ranges and detailed market trends would require current MLS data, but the community's demographics and median household income suggest homes typically range from mid-range to luxury price points. The strong school district, recreational amenities, and natural beauty support consistent demand and appreciation in the market.