1006 Palos Verdes DR, Lakeway TX 78734

Lakeway, TX 78734 | Lakeway

Ed's Opinion of Value

$588,702 Ed's Estimate: $630,185 $847,129
Lowest Comp Recommended List: $618,000 to $643,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $630,185. To generate strong buyer interest while maximizing value, I'd price this between $618,000 and $643,000. In the current LAKEWAY market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. At 0.39 acres, the lot is larger than the 0.33 acre comp average, which factors into pricing. There are currently 5 similar homes on the market in LAKEWAY, ranging from $549,000 to $699,000. The trend in LAKEWAY shows prices have risen 10.9% in the past 6 months. 120 Royal Oak LN, Lakeway TX 78734 nearby adjusts to $641,078; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
3 Beds
3 Baths 3 Full
2,151 Sq Ft
0.3857 Acres
1986 Built
2 Garage

About This Property

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Located on a large, scenic corner lot in the heart of Lakeway and within highly acclaimed Lake Travis ISD, this beautifully renovated single-story ranch blends timeless character with modern updates. Encompassing 2,151 square feet, the home offers 3 bedrooms, 3 full bathrooms, and a spacious upstairs bonus room ideal as a fourth bedroom, game room, office, or flex space. The thoughtfully designed floor plan lives primarily on one level with the added versatility of the upstairs retreat.

Set beneath a canopy of mature trees, the exterior features classic Hill Country limestone patios, a clay tile roof, and a side-entry garage, providing strong curb appeal and privacy. The expansive corner lot allows ample room for outdoor living, entertaining, or future enhancements in a serene, established neighborhood.

Inside, extensive renovations deliver both style and peace of mind. The designer-inspired kitchen anchors the home with abundant cabinetry with self closing drawers and doors, new stainless steel appliances, quartzite countertops, curated tile backsplash, and refined lighting. The living room is warm and inviting with an updated fireplace, while the dining room features elegant board-and-batten detailing, ideal for everyday living and entertaining.

White oak hardwood flooring and designer tile span the main level, with new carpet upstairs. Additional upgrades include solid-core interior doors, fresh interior and exterior paint, updated plumbing and electrical, new switches and outlets, LED recessed lighting, serviced mechanical systems, recent roof repairs, and custom closets. With its flexible layout, extensive updates, and prime location near Lake Travis, dining, shopping, and recreation, this home offers refined Hill Country living within one of the area’s most desirable school districts.

Property Highlights

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Features

  • Built-in Features
  • Ceiling Fan(s)
  • Beamed Ceilings
  • Coffered Ceiling(s)
  • High Ceilings
  • Quartz Counters
  • Double Vanity
  • Eat-in Kitchen
  • Kitchen Island
  • Multiple Dining Areas
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)

Location

Schools

School District Lake Travis ISD
Elementary Lakeway
Middle School Hudson Bend
High School Lake Travis

Property Details

Property Type Residential
Construction Masonry – Partial
Roof Tile
Foundation Slab
Levels Two
Flooring Carpet, Tile, Wood
Cooling Central Air
Heating Central
Fireplace Family Room
Exterior Gutters Full, Private Yard
County Travis
MLS # 8739808
Garage 2 spaces
Parking 6 spaces: Garage Faces Side

Lot, Outdoor & Utilities

Lot Features Back Yard, Corner Lot, Level, Near Golf Course, Private, Sprinkler - In-ground, Trees-Large (Over 40 Ft)
Patio & Porch Covered, Front Porch, Patio, Rear Porch
Water Municipal Utility District (MUD)
Sewer Municipal Utility District (MUD)
Utilities Electricity Available, Water Available

HOA & Community

Community Features Airport/Runway, Dog Park, Golf, Lake, Park, Pool

Tax Information

Annual Taxes (MLS) $3,217 (2025)
Assessed Value $572,080
Exemptions Homestead

Listing History

MLS# 8739808 2 days
Jan 23, 2026 Off Market
Jan 12, 2026 Pending
Jan 5, 2026 Listed $774,900

Frequently Asked Questions About 1006 Palos Verdes DR, Lakeway TX 78734

When was 1006 Palos Verdes DR, Lakeway TX 78734 built?

1006 Palos Verdes DR, Lakeway TX 78734 was built in 1986. It is masonry – partial construction with 2,151 square feet on a 0.3857 acre lot.

How much does 1006 Palos Verdes DR, Lakeway TX 78734 cost?

1006 Palos Verdes DR, Lakeway TX 78734 sold on January 23, 2026. Contact us for sale price details.

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