603 Cutlass, Lakeway TX 78734

Lakeway, TX 78734 | Lakeway

Ed's Opinion of Value

$450,000 Ed's Estimate: $665,830 $835,801
Lowest Comp Recommended List: $454,000 to $464,000 Highest Comp
After reviewing 7 recent transactions in LAKEWAY, I estimate this property's value at $665,830. A competitive list price for this home right now would fall in the $454,000 to $464,000 range. This home's position in the current LAKEWAY market: the 0th most expensive of 4 comparable homes on the market among comparable properties. At 5 years older than typical comps, the 1975 build date influences the valuation. The larger lot (0.42 acres versus the area average of 0.37) contributes to the valuation. The active market in LAKEWAY includes 4 comparable homes priced from $450,000 to $675,000. Prices in LAKEWAY have fallen 18.5% over the last 6 months. A similar home at 317 Atlantic ST, Lakeway TX 78734 carries an adjusted comparable value of $731,546, providing a strong data point. 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
3 Beds
3 Baths 2 Full, 1 Half
2,172 Sq Ft
0.416 Acres
1975 Built
1 Garage

About This Property

A backyard waterfall—yes, really! Tucked into a peaceful, wooded setting, this unique property features a seasonal waterfall right in your backyard (just add rain). Originally part of the historic Lakeway 300, this updated 1975 home offers 3 bedrooms, 2.5 baths, plus an office, with multiple decks and patios to enjoy the serene surroundings.

Inside, the spacious living room boasts a wall of windows and sliding glass doors that bring the outdoors in, plus a dramatic stone fireplace that extends into a downstairs guest bedroom—adding a cool architectural touch. The kitchen has been updated, and the formal dining area opens to the living space, making it perfect for entertaining.

All bedrooms have direct access to outdoor decks, so you can wake up to the sights and sounds of nature. The property sits on .443 acres, with a fenced front yard for pets and plenty of storage throughout.

Located on an exceptionally quiet cul de sac, the property enjoys greenbelt on 3 sides with a small, city owned park land (never developed or accessed) on one side and backs to Rebel Park Natural Area to the back. You’ll even get a peekaboo view of Lake Travis.

Meticulously maintained with key updates:
• HVAC (2024)
• City sewer 2024
• Roof (7 years old)
• Flooring (2021)
• Custom railing (2000)
• Decks (2023)

Lake Travis ISD + low 1.706% tax rate. Check out the Lakeway Activity Center for community events. A perfect home for someone who values privacy, nature, and a truly tranquil lifestyle.

Features

  • Bar
  • Ceiling Fan(s)
  • Beamed Ceilings
  • Cathedral Ceiling(s)
  • Granite Counters
  • Stone Counters
  • Double Vanity
  • Electric Dryer Hookup
  • High Speed Internet
  • Interior Steps
  • Pantry
  • Recessed Lighting
  • Smart Thermostat
  • Storage
  • Track 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 No Carpet, Tile, Vinyl
Cooling Central Air
Heating Central, Fireplace(s)
Exterior Exterior Steps, Garden, Private Yard
County Travis
MLS # 9598122

Parking

Garage 1 spaces

Tax Information

Annual Taxes $7,334 (2024)

Listing History

MLS# 9598122 - Updated Mar 21, 2026 63 days
Jul 9, 2025 Off Market
May 27, 2025 Price Change $700,000
Apr 2, 2025 Listed $740,000

Frequently Asked Questions About 603 Cutlass, Lakeway TX 78734

When was 603 Cutlass, Lakeway TX 78734 built?

603 Cutlass, Lakeway TX 78734 was built in 1975.

How much does 603 Cutlass, Lakeway TX 78734 cost?

603 Cutlass, Lakeway TX 78734 sold on July 9, 2025. Contact us for sale price details.

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