Neighborhood Spotlight: Lakeway on Lake Travis

(SUMMER 2008)
The Location: 20 miles west of Austin.
The Numbers:
- Established: 1963
- Population: 8,002 from the 2000 census
- Average age: 41 years
- Current Median Home Price: $273,100
- Who lives there: Families (non-single residences) represent 79.9% of the population, giving Lakeway a higher than average concentration of families. There is a healthy mixture of working Austin families, retirees and second home weekenders.
Snapshot:
Lakeway is a planned development consisting of approximately 5,500 acres of Texas Hill Country that stretches across meadows, hills and limestone cliffs to the shores of Lake Travis approximately 20 miles west of the Texas Capital - Austin. It is one of the most respected recreation oriented, planned communities in America. Lakeway blends extraordinary scenic beauty with controlled growth and quality recreational resources. The land rises and falls in a panorama of the Texas Hill Country, secluded valleys and wooded acres - from the average Lake Travis level of 681 feet mean sea level to a maximum land elevation of 1,174 feet.

Eat, Shop & Play:
The City of Lakeway, boasts a wide variety of shops and eateries. A visit to the Oasis, the "sunset Capital of Texas" Located 450 feet above Lake Travis, is a must! The Academy of Golf in the Hills is the most advanced golf instruction center in the country. Its three holes, a par 3, 4 and 5, provide a range of challenges and learning opportunities with multiple pin placements, fairway bunkers, uneven lie mounds and varying cuts of rough.
Located adjacent to the Lakeway Resort and Conference Center is the Lakeway Marina, the largest full-service marina on Lake Travis. There are more than 350 covered boat slips, as well as a parts department and fuel service. Daily boat rental (skiing, fishing, pontoon, pedal and runabouts) are available.
The Hill Country Galleria Mall is expected to become the new shopping mecca of southwest Austin. The project which includes many high-end retailers offers a shopping experience much like that of "The Domain" in North Austin, with its village type atmosphere.
Outside of the retail shops, the Galleria will also feature a 1.3-million-square-foot lifestyle center, which includes a 30,000-square-foot City Hall, as well as an amphitheater and multifamily housing.


