
$450,000
3 bd · 3 ba · 2,332 sqft
23 Stone Terrace Dr, Austin, TX 78734
23 Stone Terrace Dr, Austin, TX 78734 is a 3-bedroom, 3-bathroom single family residence listed at $450,000 ($193/sqft). 2,332 sqft. Built in 2010. Located in Lakeway, Austin TX. Priced 33% below the Lakeway median of $287/sqft. MLS #2962171. Listed by The Hightower Company.
Property Overview
This Stone Terrace Drive home in Lakeway presents exceptional value at $193 per square foot, significantly below the neighborhood's $285 median. Situated on over a quarter-acre lot with lake community access and served by highly regarded Lake Travis ISD schools, this 2010-built residence offers 2,332 square feet of thoughtfully designed living space across two stories. The open floor plan emphasizes natural light and high ceilings, creating an airy atmosphere enhanced by recent 2025 flooring updates throughout the main living areas.
The home features three bedrooms and three bathrooms with multiple gathering spaces ideal for Lake Travis living. A spacious kitchen showcases stone countertops and a functional island, while two distinct living areas and formal dining room provide flexibility for entertaining or everyday comfort. The gas fireplace adds warmth to the inviting interior, complemented by built-in features and walk-in closets. Outside, the private rear patio and charming front porch offer perfect settings for morning coffee or evening relaxation, with HOA-maintained landscaping keeping upkeep minimal.
This Stone Terrace property in the Lakeway community appeals to buyers seeking Lake Travis ISD quality at a value-oriented price point. The generous lot size, recent interior updates, and resort-lifestyle location make this an opportune acquisition in one of Austin's most desirable waterfront neighborhoods.
Vox Real Estate Insight
At 32 percent below neighborhood median pricing, this Stone Terrace home represents genuine market opportunity for buyers drawn to Lakeway's lake access and highly-rated schools. The Vox Real Estate team sees strong potential in properties with this value differential when paired with recent renovations and solid fundamentals like the quarter-acre lot and Lake Travis ISD assignment.
Agent Description
Welcome to 23 Stone Terrace, a spacious three-bedroom home for sale in Lakeway, Texas. Set on more than a quarter acre, this 2,332-square-foot home offers 2.5 bathrooms, an open floor plan, and room to settle into the Lakeway lifestyle. Served by highly sought after Lake Travis ISD, the home is aggressively priced to sell following price reduction of more than $46,000. Start the morning on the charming front porch with a cup of coffee, or enjoy a quiet breakfast on the private back patio. The HOA-maintained front yard adds ease to everyday living, while the generous lot gives the home a welcome sense of space. Inside, natural light, high ceilings, graceful archways, and detailed ceilings bring warmth and character to the open living areas. Flooring installed in 2025 gives the home a fresh feel. Two living rooms, a formal dining room, and a cozy fireplace offer plenty of places to gather or unwind. At the heart of the home, the kitchen features stone countertops, stainless steel appliances, a center island, and a breakfast nook with access to the back patio. It opens to the living spaces, making conversation easy whether you’re hosting friends or enjoying a quiet evening in. The spacious primary suite offers a peaceful place to retreat, with a large walk-in closet and a versatile nook that could become a home office, reading corner, or exercise space. With flexible living areas and inviting outdoor spaces, 23 Stone Terrace is ready to welcome you home to Lakeway.
Neighborhood: Lakeway
This property is located in Lakeway, Austin, TX. The area is known for Lake Travis Living, Marina Access, Golf Courses, Waterfront Dining, Resort Lifestyle.
At $193/sqft, this listing is priced 33% below the Lakeway median of $287/sqft.
Property Details
| Property Type | Single Family Residence |
| Year Built | 2010 |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Living Area | 2,332 sqft |
| Lot Size | 0.28 acres |
| Price / Sqft | $193 |
| Stories | Two |
| Condition | Resale |
| Subdivision | Terrace At The Preserve Condom |
| County | Travis |
| MLS Area | LS |
| Listed | Apr 22, 2026 |
| MLS # | 2962171 |
| Listed By | The Hightower Company |
| Contact | (512) 917-0586 |
Interior
| Flooring | Laminate, Tile |
| Appliances | Microwave, Free-Standing Gas Oven, Range, Washer/Dryer |
| Interior Features | Built-in Features, Ceiling-High, Stone Counters, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Walk-In Closet(s) |
| Windows | Blinds |
| Fireplaces | 1 (Gas, Gas Starter) |
| Laundry | Laundry Room, Lower Level |
| Living Areas | 2 |
| Dining Areas | 2 |
Systems & Utilities
| Cooling | Central Air |
| Heating | Central |
| Utilities | Electricity Connected, High Speed Internet, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected |
| Water Source | MUD |
| Sewer | Public Sewer |
| Energy Efficient | Other/See Remarks |
Exterior & Lot
| Construction | Stucco |
| Roof | Shingle |
| Foundation | Slab |
| Exterior Features | Private Yard |
| Patio & Porch | Front Porch, Rear Porch |
| Fencing | Back Yard |
| Faces | West |
Parking
| Parking Spaces | 4 |
| Garage Spaces | 2 |
| Covered Spaces | 2 |
| Parking Features | Garage |
Community & HOA
| HOA | Yes |
| HOA Name | Terrace at the Preserve Condominiums |
| HOA Fee | $150 / Monthly |
| Fee Includes | Landscaping |
| Community Features | Underground Utilities |
Assigned Schools
| Elementary | Lakeway |
| Middle | Hudson Bend |
| High | Lake Travis |
| District | Lake Travis ISD |
Taxes & Legal
| Tax Year | 2025 |
| Annual Tax | $10,412 |
| Assessed Value | $562,930 |
| Parcel # | 01356815180000 |
| Legal Description | UNT 17 TERRACE AT THE PRESERVE CONDOMINIUMS THE AMENDED PLUS 1.8519 % INT IN COM AREA |
| FEMA Flood Plain | No |
| In ETJ | Yes |
| Disclosures | Water District |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 23 Stone Terrace Dr, Austin, TX 78734?
This property is listed at $450,000, which is $193 per square foot. That is 33% below the Lakeway area median of $287/sqft.
How many bedrooms and bathrooms does 23 Stone Terrace Dr, Austin, TX 78734 have?
This home has 3 bedrooms and 3 bathrooms, with 2,332 square feet of living space.
When was 23 Stone Terrace Dr, Austin, TX 78734 built?
This property was built in 2010, making it 16 years old.
What neighborhood is 23 Stone Terrace Dr, Austin, TX 78734 in?
This property is in Lakeway, Austin, TX. The area is known for lake travis living, marina access, golf courses.
How long has 23 Stone Terrace Dr, Austin, TX 78734 been on the market?
This listing has been on the market for 163 days.
What type of property is 23 Stone Terrace Dr, Austin, TX 78734?
This is a Single Family Residence on a 12,305.7 sqft lot.