118 World Of Tennis SQ, Lakeway TX 78738

Lakeway, TX 78738 | Lakeway World Tennis Condo | Built by Lamar Hunt

$349,000 $207/sqft ▼ $10,000 (2.8%)
3 Beds
3 Baths 3 Full
1,682 Sq Ft
0.201 Acres
1971 Built

About This Property

Price adjustment! Fully updated 3 bedroom, 3 bath end unit condo in highly desirable Lakeway, Texas. This charming residence offers a true lock-and-leave lifestyle with beautiful wood-look tile flooring throughout—no carpet and no entryway stairs. A floor-to-ceiling wall of windows overlooks one of 8 onsite tennis courts, filling the home with natural light, while motorized window shades provide convenience and privacy. The spacious living room features a dramatic two-story ceiling and a stunning floor-to-ceiling stone wood-burning fireplace. The kitchen offers granite countertops, stainless steel appliances, and French doors that open to a private patio, perfect for entertaining or relaxing. Each bedroom has its own updated bathroom, offering comfort and privacy for residents and guests alike. The primary suite is very spacious and includes an updated ensuite with a frameless glass walk-in shower and a large walk-in closet. Major updates include both HVAC units replaced in 2020 with Honeywell programmable thermostats, spray foam insulation in the attic, operable windows have double-hung triple-pane glass with Low-E glazing for energy efficiency, and custom wood shutters. Residents enjoy resort-style amenities with eight onsite tennis courts and 13 acres of grounds surrounded by the Texas Hill Country. Conveniently located near shopping, restaurants, golf, parks, and trails, and within the acclaimed Lake Travis ISD, this condo offers an ideal blend of comfort and convenience. Just five minutes to Lake Travis and walking distance to the local elementary school. Great investment opportunity as this unit is currently leased through June 2026 to what the owner describes as a “gold star tenant." Short-term rentals are allowed, offering buyers a range of flexible options, strong rental history, and attractive investor financing programs available—or the perfect primary residence for those seeking a low-maintenance Lakeway lifestyle close to everything.

Features

  • Bookcases
  • Ceiling Fan(s)
  • High Ceilings
  • Granite Counters
  • Electric Dryer Hookup
  • Recessed Lighting
  • Walk-In Closet(s)
  • Washer Hookup

Location

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Schools

School District Lake Travis ISD
Elementary Serene Hills
Middle School Hudson Bend
High School Lake Travis

Property Details

Property Type Residential
Flooring Tile
Cooling Central Air
Heating Central
Exterior Gutters Partial, Tennis Court(s)
County Travis
MLS # 5523395

HOA & Community

HOA Fee $472 /Monthly
HOA Includes Common Area Maintenance, Trash

Tax Information

Annual Taxes $5,748 (2025)

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This property has HOA fees of $472/monthly.

Listing History

MLS# 5523395 - Updated Mar 3, 2026 92 days
Feb 6, 2026 Price Change $349,000
Nov 6, 2025 Listed Listing Courtesy of Coldwell Banker Realty - MaryAnn.Grimes@​CBRealty.com $359,000

Frequently Asked Questions About 118 World Of Tennis SQ, Lakeway TX 78738

When was 118 World Of Tennis SQ, Lakeway TX 78738 built?

118 World Of Tennis SQ, Lakeway TX 78738 was built in 1971.

How much does 118 World Of Tennis SQ, Lakeway TX 78738 cost?

118 World Of Tennis SQ, Lakeway TX 78738 is listed for sale at $349,000. That is $207 per square foot.

How many bedrooms and bathrooms does 118 World Of Tennis SQ, Lakeway TX 78738 have?

118 World Of Tennis SQ, Lakeway TX 78738 has 3 bedrooms and 3 bathrooms (3 full) with 1,682 square feet of living space.

What school district is 118 World Of Tennis SQ, Lakeway TX 78738 in?

118 World Of Tennis SQ, Lakeway TX 78738 is in the Lake Travis ISD school district. Assigned schools include Serene Hills (elementary), Hudson Bend (middle), Lake Travis (high school).

Does 118 World Of Tennis SQ, Lakeway TX 78738 have an HOA?

Yes, 118 World Of Tennis SQ, Lakeway TX 78738 has an HOA fee of $472 per monthly. The HOA includes common area maintenance, trash.

What are the property taxes on 118 World Of Tennis SQ, Lakeway TX 78738?

The annual property taxes on 118 World Of Tennis SQ, Lakeway TX 78738 are $5,748 (as of 2025).

How big is the lot at 118 World Of Tennis SQ, Lakeway TX 78738?

The lot at 118 World Of Tennis SQ, Lakeway TX 78738 is 0.201 acres, and the home has 1,682 square feet of living space.

What type of property is 118 World Of Tennis SQ, Lakeway TX 78738?

118 World Of Tennis SQ, Lakeway TX 78738 is a residential property.

What subdivision is 118 World Of Tennis SQ, Lakeway TX 78738 in?

118 World Of Tennis SQ, Lakeway TX 78738 is located in the Lakeway World Tennis Condo subdivision in Lakeway, TX.

How long was 118 World Of Tennis SQ, Lakeway TX 78738 on the market?

118 World Of Tennis SQ, Lakeway TX 78738 was on the market for 92 days, listed on November 6, 2025.

What heating and cooling does 118 World Of Tennis SQ, Lakeway TX 78738 have?

118 World Of Tennis SQ, Lakeway TX 78738 has central heating and central air cooling.

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