1234 Challenger DR, Lakeway TX 78734

Off Market

The home offers breathtaking views of the lake, with each moment bringing its own beauty. By day, sparkling water stretches into the distance, reflecting the blue sky and surrounding landscape.

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Ed's Opinion of Value

$564,440 Ed's Estimate: $749,560 $999,000

Lowest Comp Recommended List: $649,000 to $659,000 Highest Comp

My analysis of 7 comparable properties puts this home's estimated value at $749,560. Based on how the local market is moving, a list price between $649,000 and $659,000 would position this home well. Buyers shopping in LAKEWAY right now would see this as a well positioned option among 5 comparable homes. This home's larger footprint (238 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.23 acres versus the area average of 0.30) contributes to the valuation. There are currently 5 similar homes on the market in LAKEWAY, ranging from $589,000 to $999,000. The 6 month price trend in LAKEWAY: fallen 17.9%. The best comp here is 116 Tellus ST, Lakeway TX 78734 at an adjusted value of $925,097, with a pool. With 7 comparable sales in LAKEWAY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

LAKEWAY Market Trends

$675,000 Median Sold Price ▼ 17.9% 6mo

$278/sqft Median $/SqFt ▼ 7.5% 6mo

80 days Avg Days on Market 25 days slower

30 homes Active Inventory 3.8 mo supply

96.6% Sale-to-List Ratio

48 Sales (6 months)

Recently Sold Comparables

$925,097 adjusted 116 Tellus ST, Lakeway TX 78734 4bd / 3.0ba • 2,867 sqft • 0.5 mi Sold 5 months ago

$765,839 adjusted 212 Palos Verdes DR, Lakeway TX 78734 4bd / 3.0ba • 2,707 sqft • 1.1 mi Sold 5 months ago

$683,311 adjusted 111 Crest View DR, Lakeway TX 78734 4bd / 3.0ba • 2,724 sqft • 2.1 mi Sold 5 months ago

$747,533 adjusted 105 Rupen DR, Lakeway TX 78734 4bd / 3.0ba • 2,382 sqft • 0.7 mi Sold 26 days ago

$564,440 adjusted 2005 Lakeway BLVD, Lakeway TX 78734 3bd / 3.0ba • 2,933 sqft • 1.7 mi Sold 4 months ago

Currently on Market

$715,000 123 Clubhouse DR, Lakeway TX 78734 4bd / 3.0ba • 2,737 sqft • 1.4 mi 69 days on market

$974,900 408 Rolling Green DR, Lakeway TX 78734 4bd / 3.0ba • 3,078 sqft • 2 mi 43 days on market

$999,000 408 Morning Cloud ST, Lakeway TX 78734 4bd / 3.0ba • 3,148 sqft • 0.2 mi 1 days on market

4 Beds

3 Baths 3 Full

2,946 Sq Ft

0.2271 Acres

1988 Built

2 Garage

About This Property

Stunning designer’s own home showcases impeccable style and sweeping lake views from both the patio and private balcony. This elegant residence features soaring ceilings throughout the first floor, rich hardwood flooring, and an open floorplan ideal for modern living and entertaining. The kitchen and all baths are finished with sleek quartz counters, complemented by custom draperies and classic Plantation shutters throughout. Additional highlights include a new 2024 A/C unit, a built-in side-by-side refrigerator/freezer, and a commercial-grade beverage refrigerator. A tile roof adds to the home’s timeless appeal, while a gated driveway enhances security and privacy—making this property a perfect lock-and-leave retreat. Whether you're enjoying morning coffee on the balcony or hosting gatherings on the lakeside patio, the serene water views provide a peaceful backdrop to everyday life.

Features

Breakfast Bar
Built-in Features
High Ceilings
Vaulted Ceiling(s)
Chandelier
Crown Molding
Double Vanity
Electric Dryer Hookup
Entrance Foyer
French Doors
High Speed Internet
Interior Steps
Kitchen Island
Natural Woodwork
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Smart Thermostat
Soaking Tub
Storage
Walk-In Closet(s)
Wet Bar

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, Wood

Cooling Central Air, Electric, Zoned

Heating Central, Electric, Zoned

Exterior Balcony, Exterior Steps, Gutters Partial, Lighting, Private Yard

County Travis

MLS # 1266585

Parking

Garage 2 spaces

HOA & Community

HOA Fee $250 /Annually

HOA Includes Common Area Maintenance

Tax Information

Annual Taxes $15,944 (2025)

Listing History

MLS# 1266585 - Updated Mar 16, 2026 17 days

Aug 20, 2025	Off Market
Jul 23, 2025	Listed		$1,050,000

Frequently Asked Questions About 1234 Challenger DR, Lakeway TX 78734

When was 1234 Challenger DR, Lakeway TX 78734 built?

1234 Challenger DR, Lakeway TX 78734 was built in 1988.

How much does 1234 Challenger DR, Lakeway TX 78734 cost?

1234 Challenger DR, Lakeway TX 78734 sold on August 20, 2025. Contact us for sale price details.

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