123 Top O The Lake Dr, Lakeway, TX 78734

Lakeway
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: wendy elder
Office: compass re texas, llc.
MLS#:5398572
Source:ACTRIS
123 Top O The Lake Dr,Lakeway, TX 78734
$889,000
  • 4 Beds
  • 3 Baths
  • 2,701 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$889,000
  • Price per sq. ft.:$329.14

About this home

Rare opportunity in Old Lakeway on a .7-acre creek-side lot. Nestled on a quiet, tree-lined street with rolling hills, this property offers both privacy and convenience. Enjoy picturesque hillside views from multiple decks, creating a true treehouse-like setting with a bird’s-eye perspective. The expansive backyard backs to a year-round creek—ideal for canoeing, relaxing, or enjoying the natural setting—with ample space for a future pool and garden. The home has been fully remodeled with approximately $200K in improvements (see MLS documents for details), while still offering potential to expand, including adding square footage or a custom wine room. Located just minutes from RR 620 with easy access to Lakeway amenities, and walkable to the new Square at Lakeway development and The Oaks, HEB, Torchy’s Tacos, and High Five. A unique combination of space, location, and lifestyle in one of Lakeway’s most established neighborhoods

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Home facts

  • Year built:1989
  • Listing ID #:5398572
  • Updated:April 11, 2026 at 12:11 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Flooring:Tile, Wood
  • Kitchen Description:Built-In Electric Oven, Dishwasher, Disposal, Exhaust Fan, Microwave, Oven, Propane Cooktop, Range
  • Living area:2,701 sq. ft.

Heating and cooling

  • Cooling:Central, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:1989
  • Building area:2,701 sq. ft.
  • Lot Features:Back Yard, Gentle Sloping, Trees-Large (Over 40 Ft)
  • Construction Materials:Masonry Partial
  • Exterior Features:Exterior Steps
  • Foundation Description:Pillar/Post/Pier

Schools

  • High school:Lake Travis
  • Elementary school:Lakeway

Utilities

  • Water:MUD
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$889,000
  • Price per sq. ft.:$329.14
  • Tax amount:$9,137 (2025)

Features and amenities

  • Appliances:Built-In Electric Oven, Dishwasher, Disposal, Exhaust Fan, Microwave, Oven, Propane Cooktop, Range
  • Amenities:Bookcases

Parking

  • Total parking spaces:4
  • Parking description:Attached, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Garage:Yes
  • Garage spaces:2
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