$549,000

Property Overview

This Lakeway gem at 118 Perpetuation Drive offers exceptional value at $224 per square foot, sitting 22% below the area median. The three-bedroom, three-bath residence in The Vistas at Lakeway spans 2,448 square feet of beautifully appointed living space, featuring hardwood floors, soaring ceilings throughout, and an open floor plan that seamlessly connects living areas. Recent upgrades include a high-efficiency HVAC system, dual hot water heaters, fresh interior paint, and a chef's kitchen equipped with dual ovens and a gas cooktop, making this home ideal for both everyday living and entertaining.

Beyond the home itself, residents enjoy direct access to Lake Travis's recreational lifestyle, with marina access and waterfront dining mere minutes away. The Vistas community amenities rival a resort setting, offering a swimming pool, fitness center, pavilion, and outdoor grill for social gatherings. The unusually comprehensive HOA covers water, waste, cable, and internet, leaving owners responsible only for electricity and gas—a rare and valuable benefit.

The property includes a dedicated office and bonus room upstairs with generous storage, providing flexibility for remote work or guests. Situated in the heart of Lakeway with proximity to the newer shopping center and H-E-B, this residence balances peaceful Hill Country views with convenient access to dining, retail, and recreation. At 110 days on market, this represents a compelling opportunity in one of Austin TX's most desirable resort-lifestyle communities.

Vox Residential Insight

The Vistas at Lakeway consistently attracts buyers seeking Lake Travis access without the premium waterfront pricing, and this particular home's all-inclusive HOA structure is increasingly rare and highly valued in today's market. At Vox Residential, we recognize that the 22% pricing advantage combined with recent comprehensive upgrades positions this

Agent Description

Gorgeous home in The Vistas at Lakeway with hardwood flooring, designed for comfort and elegance, perfect open floorplan, surrounded by hill country greenbelt views in a quiet, peaceful neighborhood, making it a perfect retreat for relaxation and entertainment, near Lake Travis and prime location in the heart of Lakeway, close to a newer shopping center with convenient H-E-B grocery store, restaurants and shops. Totally upgraded with new high efficiency HVAC system, 2 new hot water heaters, new interior paint and double ovens and gas cooktop in kitchen. It has high ceilings in the entire home with 3-bedrooms, 3 full bathrooms plus a separate office and an additional bonus room upstairs with a large storage closet. Community swimming pool, workout facility, pavilion and outdoor grill. HOA pays for almost everything, including water, waste disposal, recycling, cable and internet; homeowner pays only electricity and gas. This home is perfect for a primary residence, a second home or a low-maintenance lock and leave lifestyle. Key features and highlights: * Prime location near Lake Travis. * Surrounded by convenience. * Flexible and spacious layout. * Energy-efficient design for year-round comfort. * Within walking distance of shopping, dining and entertainment. * Highly acclaimed Lake Travis schools

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 $224/sqft, this listing is priced 22% below the Lakeway median of $288/sqft.

Property Details

Listing data last updated: July 16, 2026

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