Lakeway, TX Real Estate

 

The city of Lakeway is situated on Lake Travis approximately 16 miles west of Austin. The area around Lakeway Texas was first settled in the late 1800s but no specific community arouse until much later. In 1962 three business men purchased property to build a hotel and marina. As the project grew the group expanded to include 10 and the property purchase became larger. At the same time one of the original business men, G. Flint Sawtelle, formed the Lakeway Land Company with the plan to develop real estate in the area. Property sales began on May 30, 1963 and the grand opening for the Hotel and Marina was July of that same year. The community of Lakeway was on its way!

Lakeway's children attend Lake Travis Independent School District. The district is known for the excellent education it provides and the preparation the students receive for their future. The student teacher ratio is low and the children thrive on individual attention. The district excels and is continually exceeding state education requirements as are the students with high test scores and a low dropout rate. Besides offering an excellent education the district believes in diversity and offers a wide range of sporting and extracurricular activities that makes the learning experience for the students of Lake Travis ISD lasting and enjoyable.

Homes and communities in Lakeway have been built continuously from it's inception in the early 1960s, continuing today. These homes are an eclectic variety of styles that blend with their surroundings and are an integral part of the Lakeway of today. The median home price in Lakeway is just under $300,000. The city has maintained a controlled expansion from day one and when you drive the winding streets of Lakeway you will appreciate the results.

Lakeway is a recreation oriented planned community with over 9000 residents. These residents include families, retirees, singles and weekend homeowners. Residents of Lakeway enjoy their community and the conveniences it provides as well as the lake and the marina. The community revolves around recreation and nature. In addition to the Lake and The Lakeway Marina the area boasts four 18 hole golf courses, three community parks, the Lakeway Tennis Center and the Lakeway Activity Center. In Lakeway there's an activity for everyone and the residents live for the weekends.

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