$610,000

Property Overview

This 2010-built home at 205 Bellagio Drive in Lakeway's prestigious Overlook community combines recent updates with the relaxed Hill Country lifestyle that defines this waterfront destination. At $273 per square foot, it sits notably below the North Lakeway median, offering genuine value in one of Austin's most sought resort communities. The 2,234 square feet of thoughtfully designed living space flows seamlessly from the hardwood-floored main areas through arched passageways, with a renovated kitchen featuring granite countertops and stainless appliances that opens directly to dining and living zones perfect for entertaining. A spa-inspired primary bath anchors the master suite, while three additional bedrooms provide flexibility for guests, a home office, or hobbies.

Beyond the home's well-maintained interiors, the property offers the outdoor living that Lakeway residents crave. The private backyard backs to mature wooded greenbelt, creating a serene natural buffer that feels far removed from everyday hustle while remaining minutes from Lake Travis marina access, championship golf courses, and the waterfront dining experiences that make this community special. The low-maintenance landscaping supports the lock-and-leave lifestyle that attracts Austin professionals seeking weekend retreats or permanent residence near the lake. With $30,000 in recent upgrades and 8,285 square feet of land to explore, this Lakeway home delivers both immediate livability and long-term appeal.

Vox Residential Insight

The Overlook community represents some of North Lakeway's most intelligent value positioning right now, and this home's pricing sits meaningfully below comp averages while offering current finishes that eliminate immediate upgrade lists. From Vox Residential's perspective, properties combining resort-community access with below-market pricing tend to attract serious buyers quickly, especially in the lake-adjacent segment where lifestyle premiums

Agent Description

Best Value in North Lakeway — Updated & Priced to Sell Fast Discover effortless Hill Country living in this beautifully updated home in North Lakeway’s coveted Overlook community. With fresh upgrades throughout and a bright, open layout, this home delivers comfort, style, and a lock and leave lifestyle just minutes from Lake Travis. The main living area features warm hardwood floors, graceful archways, and abundant natural light. The kitchen offers granite counters, stainless appliances, and generous storage, opening seamlessly to the dining and living spaces for easy entertaining. The primary suite provides a peaceful retreat with a spacious layout and spa inspired bath. Three additional bedrooms offer versatility for guests, hobbies or a dedicated office space. Step outside to a private, low maintenance backyard backing to a wooded greenbelt — perfect for morning coffee, evening relaxation, or enjoying the quiet natural surroundings. Recent updates totaling $30,000 ensure a move-in ready experience, and the community’s serene setting places you close to golf, marinas, dining, and top-rated Lake Travis ISD schools. Priced to sell quickly — this is the best value in North Lakeway. Tour it today!

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 $273/sqft, this listing is priced 8% below the Lakeway median of $297/sqft.

Property Details

Listing data last updated: May 19, 2026

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