$625,000
 $3,355 est/mo Sourced by Back At You

703 Palos Verdes Dr,Lakeway, TX 78734

Lakeway, TX 78734

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Description

Rare opportunity in one of Lakeway’s most established and sought after neighborhoods. Tucked away on a secluded oversized lot surrounded by mature trees and luxury properties, this custom one story home offers exceptional privacy, character, and endless potential. Positioned in the heart of old Lakeway, this property provides a rare chance to create a truly spectacular retreat in an area where properties with this level of privacy and lot size are becoming increasingly difficult to find. Spacious living areas, generous layout, and incredible natural surroundings provide the perfect canvas for reimagining the home into a stunning luxury residence while preserving the warmth and charm of its established setting. Whether restoring its original character or creating a completely updated custom estate feel, the possibilities are extraordinary. Conveniently located near Lake Travis, golf courses, marinas, dining, shopping, and highly acclaimed Lake Travis ISD schools. Rarely do opportunities like this become available in such a premier location.

Details

MLS #8632399
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive Under Contract
Year1994
Days On Site87
Listing Provided ByAll City Real Estate Ltd. Co | Tamara Nelson

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet3,241
Garage2
Story(s)1
Acreage0.53
Water FrontYes
Property ViewNeighborhood

Interior

Interior FeaturesBar, Built-in Features, Ceiling Fan(s), Corian Counters, Double Vanity, Eat-in Kitchen, Interior Steps, Kitchen Island, Multiple Living Areas, Pantry, Walk-In Closet(s)
CoolingCeiling Fan(s), Central Air, Electric
HeatingCentral, Electric, Exhaust Fan
AppliancesBuilt-In Electric Oven, Built-In Electric Range, Dishwasher, Disposal, Microwave, RNGHD
Fireplace FeaturesFamily Room, Living Room, Wood Burning
Fireplaces Total2
Window FeaturesScreens
FlooringTile

Exterior

Exterior FeaturesRain Gutters, Private Yard
RoofComposition
Foundation DetailsSlab
Lot FeaturesBack Yard, Front Yard, Landscaped, Sprinkler - Automatic, Sprinklers In Rear, Sprinklers In Front, Many Trees
Patio And Porch FeaturesCovered, Deck
FencingBack Yard, Wrought Iron
Construction MaterialsBrick
Security FeaturesSmoke Detector(s)

Parking

Parking FeaturesDoor-Single, Driveway, Garage, Garage Faces Side
Garage Spaces2

Utilities

UtilitiesCable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
SewerPublic Sewer

Other

List AorAustin Board Of Realtors

Taxes

Property13145

Area Information

StateTX
CountyTravis
CityLakeway
Zip Code78734
AreaLS
Community NameLakeway Sec 27
School DistrictLake Travis ISD
Elementary SchoolSerene Hills
High SchoolLake Travis
Listing VS Median (in Lakeway Sec 27)
Price:
$625,000
low | high
Med:
$580,000
57.2% of Average
sqft:
3,241
low | high
Med:
2,908
60.2746066029% of Average
$ / sqft:
$193
low | high
Med:
$200
46.130174757282% of Average
On site:
87
low | high
Med:
177.5
49.014084507042% of Average
Sourced by Back At You

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 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 29, 2026 at 5:57:02 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyTravis
CityLakeway
Zip Code78734
AreaLS
Community NameLakeway Sec 27
School DistrictLake Travis ISD
Elementary SchoolSerene Hills
High SchoolLake Travis
Listing VS Median (in Lakeway Sec 27)
Price:
$625,000
low | high
Med:
$580,000
57.2% of Average
sqft:
3,241
low | high
Med:
2,908
60.2746066029% of Average
$ / sqft:
$193
low | high
Med:
$200
46.130174757282% of Average
On site:
87
low | high
Med:
177.5
49.014084507042% of Average
Sourced by Back At You
Listing Updated: August 24, 2026 at 1:03:33 PM PDT
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