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118 World Of Tennis SQ, Lakeway, TX 78738

$349,000

3 bd · 3 ba · 1,682 sqft

118 World Of Tennis SQ, Lakeway, TX 78738

118 World Of Tennis SQ, Lakeway, TX 78738 is a 3-bedroom, 3-bathroom condominium listed at $349,000 ($207/sqft). 1,682 sqft. Built in 1971. Located in Lakeway, Austin TX. Priced 33% below the Lakeway median of $307/sqft. MLS #5523395. Listed by Coldwell Banker Realty.

Property Overview

This fully updated three-bedroom, three-bath end unit condominium on World of Tennis Square in Lakeway, TX transforms the lock-and-leave lifestyle into reality. A dramatic two-story living room anchored by a floor-to-ceiling stone fireplace commands attention, while an entire wall of windows frames views of the community's eight tennis courts and floods the space with natural light. Motorized shades offer effortless control, and beautiful wood-look tile flooring throughout eliminates maintenance concerns. The thoughtfully redesigned kitchen features granite countertops, stainless steel appliances, and French doors opening to a private patio ideal for entertaining.

Each bedroom includes its own updated bathroom, a rarity that ensures comfort for residents and guests alike. The primary suite impresses with ample square footage, a spa-like ensuite featuring a frameless glass walk-in shower, and generous walk-in closet space. Recent HVAC replacements in 2020 signal smart stewardship of this 1,682-square-foot residence.

Lakeway's appeal extends far beyond this home. Lake Travis marina access, championship golf courses, and waterfront dining establishments define the neighborhood's resort-style character. At $207 per square foot—32 percent below the area median—this property offers exceptional value for those seeking the relaxed elegance of Lakeway living near Austin, TX.

Agent Description

Price adjustment! Fully updated 3 bedroom, 3 bath end unit condo in highly desirable Lakeway, Texas. This charming residence offers a true lock-and-leave lifestyle with beautiful wood-look tile flooring throughout—no carpet and no entryway stairs. A floor-to-ceiling wall of windows overlooks one of 8 onsite tennis courts, filling the home with natural light, while motorized window shades provide convenience and privacy. The spacious living room features a dramatic two-story ceiling and a stunning floor-to-ceiling stone wood-burning fireplace. The kitchen offers granite countertops, stainless steel appliances, and French doors that open to a private patio, perfect for entertaining or relaxing. Each bedroom has its own updated bathroom, offering comfort and privacy for residents and guests alike. The primary suite is very spacious and includes an updated ensuite with a frameless glass walk-in shower and a large walk-in closet. Major updates include both HVAC units replaced in 2020 with Honeywell programmable thermostats, spray foam insulation in the attic, operable windows have double-hung triple-pane glass with Low-E glazing for energy efficiency, and custom wood shutters. Residents enjoy resort-style amenities with eight onsite tennis courts and 13 acres of grounds surrounded by the Texas Hill Country. Conveniently located near shopping, restaurants, golf, parks, and trails, and within the acclaimed Lake Travis ISD, this condo offers an ideal blend of comfort and convenience. Just five minutes to Lake Travis and walking distance to the local elementary school. Great investment opportunity as this unit is currently leased through June 2026 to what the owner describes as a “gold star tenant." Short-term rentals are allowed, offering buyers a range of flexible options, strong rental history, and attractive investor financing programs available—or the perfect primary residence for those seeking a low-maintenance Lakeway lifestyle close to everything.

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 $207/sqft, this listing is priced 33% below the Lakeway median of $307/sqft.

Property Details

Property TypeCondominium
Year Built1971
Bedrooms3
Bathrooms3
Living Area1,682 sqft
Lot Size8,755.56 sqft
Price per Sqft$207
ListedNov 6, 2025
MLS #5523395
Listed ByColdwell Banker Realty

Listing data last updated:

Frequently Asked Questions

What is the listing price of 118 World Of Tennis SQ, Lakeway, TX 78738?

This property is listed at $349,000, which is $207 per square foot. That is 33% below the Lakeway area median of $307/sqft.

How many bedrooms and bathrooms does 118 World Of Tennis SQ, Lakeway, TX 78738 have?

This home has 3 bedrooms and 3 bathrooms, with 1,682 square feet of living space.

When was 118 World Of Tennis SQ, Lakeway, TX 78738 built?

This property was built in 1971, making it 55 years old.

What neighborhood is 118 World Of Tennis SQ, Lakeway, TX 78738 in?

This property is in Lakeway, Austin, TX. The area is known for lake travis living, marina access, golf courses.

How long has 118 World Of Tennis SQ, Lakeway, TX 78738 been on the market?

This listing has been on the market for 138 days.

What type of property is 118 World Of Tennis SQ, Lakeway, TX 78738?

This is a Condominium on a 8,755.56 sqft lot.

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