506 Explorer, Lakeway TX 78734

Lakeway, TX 78734 | Lakeway

Ed's Opinion of Value

$516,401 Ed's Estimate: $702,342 $833,775
Lowest Comp Recommended List: $688,000 to $716,000 Highest Comp
The estimated value of this property is $702,342, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $688,000 and $716,000. In the current LAKEWAY market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. The 0.50 acre lot (larger than the 0.46 acre average) is reflected in the estimate. There are currently 5 similar homes on the market in LAKEWAY, ranging from $599,000 to $999,900. Recent trends in LAKEWAY show home values have risen 12.4% since 6 months ago. The most comparable recent sale is 105 Palos Verdes DR, Lakeway TX 78734, with an adjusted value of $833,775; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group
3 Beds
2 Baths 2 Full
2,102 Sq Ft
0.5 Acres
1985 Built
2 Garage

About This Property

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Welcome to 506 Explorer, a stunningly remodeled house nestled on a double half acre lot with private well & city water - a rare find in Lakeway! ALL OFFERS WELCOME AND CONSIDERED.
This contemporary three-bedroom, two-bathroom home offers a generous 1,904 square feet of chic open living space. Natural light floods the interior, highlighting the sleek design and high beamed ceilings in the living room, which features a striking stone fireplace - a perfect gathering spot for cozy evenings. The heart of the home is the chef's kitchen that boasts a large center island with bar top seating, high-end stainless steel appliances, and ample cabinetry. Retreat to the primary bedroom, a sanctuary equipped with its own fireplace and an en-suite spa-style bath, complete with a dual vanity, luxurious step-in shower, and walk-in closet. Outside, the spacious deck invites you to relax and entertain amid the backdrop of whimsical trees providing delightful shade. With top-rated schools, the Hill Country Galleria for shopping, local dining options minutes away, Lake Travis amenities, and a short commute to the city, this property ensures a balance of peace and convenience. Don't miss the opportunity to call this extraordinary Lakeway house your new home.

Property Highlights

View Hill Country, Neighborhood

Features

  • Built-in Features
  • Ceiling Fan(s)
  • Beamed Ceilings
  • High Ceilings
  • Eat-in Kitchen
  • Kitchen Island
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • 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 HardiPlank Type
Roof Composition, Shingle
Foundation Slab
Levels One
Flooring Tile, Vinyl
Cooling Ceiling Fan(s), Central Air, Electric
Heating Central, Electric
Fireplace Bedroom, Living Room
Exterior Gutters Full, Lighting, Private Yard
County Travis
MLS # 9963075
Garage 2 spaces (Attached)
Parking 2 spaces: Attached, Door-Single, Driveway, Garage, Garage Door Opener, Garage Faces Side, Inside Entrance, Kitchen Level, Lighted, Off Street
Security Smoke Detector(s)

Lot, Outdoor & Utilities

Lot Features Back Yard, Front Yard, Landscaped, Level, Native Plants, Trees-Large (Over 40 Ft)
Patio & Porch Deck, Porch
Fencing Back Yard
Water Well
Sewer Public Sewer
Utilities Cable Available, Electricity Connected, Internet-Cable, Phone Available, Sewer Connected

HOA & Community

Community Features Common Grounds, Trash Pickup - Door to Door, Underground Utilities

Tax Information

Annual Taxes (MLS) $9,753 (2025)
Assessed Value $522,291
Exemptions None

Listing History

MLS# 9963075 190 days
Feb 2, 2026 Off Market
Jan 18, 2026 Pending
Dec 11, 2025 Price Change $709,900
Jul 1, 2025 Listed $775,000

Frequently Asked Questions About 506 Explorer, Lakeway TX 78734

When was 506 Explorer, Lakeway TX 78734 built?

506 Explorer, Lakeway TX 78734 was built in 1985. It is hardiplank type construction with 2,102 square feet on a 0.5 acre lot.

How much does 506 Explorer, Lakeway TX 78734 cost?

506 Explorer, Lakeway TX 78734 sold on February 2, 2026. Contact us for sale price details.

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