Homes for Sale near Lakeway Highlands, Bee Cave, TX

8 listings found

Lakeway Highlands is a master-planned community in western Travis County, developed across multiple phases on rolling Hill Country terrain near the Lake Travis corridor. The community is defined by generous lot sizes, custom-quality construction, and access to Lake Travis ISD, one of the most respected school districts in the Austin metro. Homes here lean toward the substantial side, with four and five-bedroom floorplans on nearly half-acre lots common throughout the development, and estate-scale properties anchoring select sections of the neighborhood. The combination of lake proximity, established streetscapes, and strong schools makes this corridor a consistent draw for buyers looking west of Austin. Neighborhoods | Schools | Market Overview | Getting Around | Lifestyle | FAQs

$1,074,500 Median Price

19 Avg Days on Market

8 Active Listings

16 Months of Inventory

For Sale 39 photos

$849,000

5 bd 5 ba 4,071 sqft

469 Anfield CIR, Austin TX 78738 Austin, TX 78738

1 days on market 5.3 mi away

For Sale 40 photos

$675,000

3 bd 3 ba 2,333 sqft

224 Tavish TRL, Austin TX 78738 Austin, TX 78738

4 days on market 5.1 mi away

For Sale 38 photos

$999,999

5 bd 5 ba 3,514 sqft

407 Forza Viola WAY, Austin TX 78738 Austin, TX 78738

8 days on market 5.3 mi away

For Sale 40 photos

$1,149,000

5 bd 4 ba 3,719 sqft

405 Baldovino SKWY, Lakeway TX 78738 Lakeway, TX 78738

9 days on market 5 mi away

For Sale 34 photos

$969,000

4 bd 4 ba 3,534 sqft

102 Kildrummy LN, Austin TX 78738 Austin, TX 78738

13 days on market 4.9 mi away

For Sale 40 photos

$1,275,000

4 bd 5 ba 3,816 sqft

307 Duffy LN, Austin TX 78738 Austin, TX 78738

28 days on market 5 mi away

For Sale 34 photos

$1,499,900

5 bd 6 ba 4,408 sqft

406 Woodside TER, Austin TX 78738 Austin, TX 78738

45 days on market 5.2 mi away

For Sale 40 photos

$3,500,000

5 bd 6 ba 5,785 sqft

496 Primo Fiore TER, Austin TX 78738 Austin, TX 78738

41 days on market 5.5 mi away

About Lakeway Highlands Homes for Sale

Lakeway Highlands sits on the western edge of Travis County, positioned in the scenic corridor between Lake Travis and the Bee Cave commercial district along RM 620. The community has grown in distinct phases over the years, each section adding to a neighborhood that prizes spacious lots, quality construction, and consistent architectural standards. Whether a buyer is drawn by the school district, the lake access, or the sheer scale of the homes available here, Lakeway Highlands consistently ranks as one of the more sought-after addresses in this part of the Austin market.

Neighborhoods and Subdivisions in Lakeway Highlands

Lakeway Highlands is organized into numbered phases and sections, each developed as the community expanded across the Hill Country terrain of western Travis County. The Phase 1 sections form the established core of the neighborhood, with mature landscaping, settled streetscapes, and homes that have developed the kind of character newer developments simply cannot replicate. Phase 1 Section 8A stands apart within the community for its estate-caliber properties, where expansive lots and custom-built homes represent the upper tier of what Lakeway Highlands has to offer. Sections 1 and 2 within Phase 1 anchor the more established residential fabric of the neighborhood and remain among its most recognizable addresses.

Phase 2 extended the community further, introducing newer infrastructure and more recently constructed homes across several additional sections. Buyers exploring Phase 2 will find a range of finished homes alongside occasional parcels still available for custom construction. The Phase 2 Section 2B area offers some of the more accessible entry points into the community, while sections like Phase 2 Section 1B and Section 4 represent solid mid-tier options with well-maintained homes in a quieter pocket of the development. Phase 2 Section 2A rounds out the mix with properties that reflect the broader character of the western Travis County residential market.

The adjacent neighborhood of Lakeway borders Lakeway Highlands to the north and west, sharing the same school district and offering its own established town center, marina access, and a range of price points that buyers often compare directly to Lakeway Highlands. The two communities together form one of the more cohesive residential corridors in western Travis County.

Schools Serving Lakeway Highlands

Lakeway Highlands feeds into Lake Travis ISD, a district that consistently earns high marks across the Austin metro for academic achievement, extracurricular programming, and athletic competition. Elementary students in the neighborhood attend either Rough Hollow Elementary or Serene Hills Elementary, depending on their specific section of the community. Both schools serve the western lake corridor and feed into Lake Travis Middle School. From there, students attend Lake Travis High School, which is recognized throughout the region for its rigorous academics, competitive athletics, and strong fine arts and performing arts programs.

Lake Travis ISD's reputation is one of the defining features of this part of Travis County. Buyers consistently identify the district as a primary factor when choosing between western Austin communities, and Lakeway Highlands sits squarely within its boundaries.

Real Estate Market in Lakeway Highlands

Lakeway Highlands occupies a premium position within the western Austin real estate market. The community's combination of large lots, custom-quality construction, and Lake Travis ISD access creates steady demand that has kept this neighborhood competitive across market cycles. Homes here are predominantly single-family residential, with the occasional undeveloped lot presenting an opportunity for buyers interested in custom construction on an established street.

The range across the community's phases and sections is considerable. Earlier Phase 1 sections tend to feature larger, more established homes on settled lots with mature trees and longer ownership histories. Later Phase 2 sections introduce newer construction with more contemporary floorplans and updated finishes. This variation gives buyers at different price points a genuine reason to explore the full breadth of what Lakeway Highlands offers rather than fixating on a single section.

Buyers comparing Lakeway Highlands to the broader western Travis County market frequently also consider Bee Cave, which shares the same school district and offers a slightly different mix of property types and community character. Exploring Austin area homes for sale in this western corridor quickly illustrates where Lakeway Highlands sits within the regional market and what makes it a distinct choice.

Getting Around from Lakeway Highlands

Lakeway Highlands is positioned along the RM 620 corridor in western Travis County, one of the primary roads connecting this part of the Austin metro to the broader city network. RM 620 runs south toward Bee Cave, connecting to State Highway 71 and providing access to Austin-Bergstrom International Airport and south Austin. Heading north on RM 620 connects residents to Cedar Park and the US-183A toll corridor, which offers a faster route into the northern suburbs.

The drive to downtown Austin from Lakeway Highlands typically runs 35 to 50 minutes depending on traffic conditions, with peak-hour commutes on the longer end of that range. Personal vehicles are the primary mode of transportation for residents in this part of Travis County, as public transit options are limited in the western suburbs. The practical upside is quick access to the retail, dining, and services concentrated along the RM 620 corridor and at the Bee Cave Galleria, which provides a full range of shopping and restaurant options within minutes of the neighborhood.

Life in Lakeway Highlands

The Hill Country terrain surrounding Lakeway Highlands shapes the texture of daily life in ways that residents consistently value. Lake Travis is accessible within a short drive, with marinas, boat ramps, and waterfront parks throughout the area. The broader network of trails and green space in this part of Travis County gives residents outdoor access that is genuinely difficult to replicate in the closer-in Austin suburbs. Lakeway Marina and various public launch points along the lake are within easy reach, making water recreation a practical weekend option rather than an occasional trip.

The neighborhood itself reflects the pace and character of western Travis County living. Larger lots provide meaningful separation between homes, mature trees in the established Phase 1 sections create a canopied feel along the streets, and the overall scale of the community gives it a settled, unhurried quality. Shopping, dining, and services are concentrated nearby along the Bee Cave corridor, with the Galleria serving as the commercial hub for this entire stretch of western Travis County.

Neuhaus Realty Group works throughout the western Travis County corridor and knows Lakeway Highlands well across its phases and sections. If you are ready to explore what is currently available or want to understand how the different sections compare in character and value, reach out and lets take a closer look at what this community has to offer.

Frequently Asked Questions

What school district serves Lakeway Highlands?

Lakeway Highlands is served by Lake Travis ISD, one of the top-rated public school districts in the Austin metro. Elementary students attend either Rough Hollow Elementary or Serene Hills Elementary depending on their section of the community. Students then continue to Lake Travis Middle School and Lake Travis High School, which is well regarded for academics, athletics, and performing arts.

How far is Lakeway Highlands from downtown Austin?

Lakeway Highlands is located approximately 25 to 30 miles west of downtown Austin via RM 620 and State Highway 71. Drive times typically range from 35 to 50 minutes, with peak-hour conditions extending that window on the RM 620 corridor. Many residents offset the commute distance with the tradeoff of larger lots, lake access, and western Travis County living.

What types of homes are available in Lakeway Highlands?

Lakeway Highlands is primarily a single-family residential community with homes ranging from three to five bedrooms across its various phases and sections. Lot sizes are generous by Austin metro standards, with many properties sitting on nearly half an acre. The Phase 1 Section 8A area features estate-scale custom homes, while the Phase 2 sections offer a mix of newer construction and the occasional undeveloped parcel for custom builds.

Is Lakeway Highlands considered a premium market?

Lakeway Highlands sits at the upper end of the western Austin residential market. The combination of large lot sizes, custom-quality construction, Lake Travis ISD access, and lake proximity positions this neighborhood in a premium tier relative to the broader metro. That said, the range across the community's phases and sections is meaningful, with some parts of the neighborhood offering more accessible entry points than others.

What are property taxes like in Lakeway Highlands?

Lakeway Highlands is in Travis County, where effective property tax rates typically fall in the 1.8 to 2.2 percent range of assessed value depending on applicable exemptions and the specific taxing entities covering the property. Lake Travis ISD, Travis County, and other local taxing authorities all contribute to the total rate. Homestead exemptions are available to primary residents and can meaningfully reduce the taxable value.

What neighborhoods are near Lakeway Highlands?

Lakeway is the closest comparable community, sharing the same school district and positioned just north and west of Lakeway Highlands along the Lake Travis corridor. Bee Cave is also nearby, offering its own mix of residential options along RM 620 with similar school district access and proximity to the Galleria retail corridor. Buyers frequently explore all three communities together when evaluating western Travis County.

Is there new construction available in Lakeway Highlands?

Lakeway Highlands is a largely built-out community, with the majority of its residential lots developed across the various phases. Occasional undeveloped parcels appear in the later Phase 2 sections, presenting opportunities for custom construction, but active builder communities are not currently operating within the neighborhood. Buyers specifically seeking new construction may also want to explore surrounding areas along the western Travis County corridor.

Does Lakeway Highlands have an HOA?

Lakeway Highlands has an active homeowners association that manages community standards and common area upkeep across the development. HOA fees and specific governing rules can vary by phase and section, so buyers should request and review the applicable CC&Rs, bylaws, and current dues schedule for the specific property they are considering. Your agent can help identify the relevant documents during the due diligence period.