$2,550,000
5 bd · 5 ba · 4,172 sqft
1005 Challenger, Lakeway, TX 78734
1005 Challenger, Lakeway, TX 78734 is a 5-bedroom, 5-bathroom single family residence listed at $2,550,000 ($611/sqft). 4,172 sqft. Built in 1982. Located in Lakeway, Austin TX. Priced 115% above the Lakeway median of $284/sqft. MLS #5859832. Listed by Moreland Properties.
Property Overview
This waterfront residence on Challenger in Lakeway captures the essence of Lake Travis living with direct water access, a private boat dock, and boat lift complementing the renovated 4,172-square-foot home. The five-bedroom, five-bath layout centers around panoramic lake views, featuring walls of updated windows, vaulted ceilings, and an open-concept living area anchored by a fireplace and adjoining covered balcony that extends the living space toward the water. The gourmet kitchen showcases granite countertops, a substantial island, Viking gas range with dual ovens, and custom built-ins including a wet bar with ice maker.
Beyond the kitchen's refinement, the home thoughtfully accommodates large gatherings with multiple dining and living areas, while maintaining a main-level primary bedroom with its own fireplace and dual closets. Additional features include a laundry room on the main floor, walk-in closets throughout, a soaking tub, and sophisticated ceiling details including skylights and recessed lighting. The 0.6-acre property slopes gently toward the water with mature landscaping, automatic sprinklers, and native plantings that frame Hill Country and marina views from the southeast-facing lot.
Vox Real Estate Insight
At $2.55 million, this property commands a significant premium due to its direct Lake Travis waterfront positioning with dock and lift amenities—features that define luxury lake living in the Austin market and remain exceptionally rare within Lakeway. The Vox Real Estate team recognizes that homes with operational water access and marina views in this location typically attract discerning buyers seeking both weekend recreation and investment stability in one of Central Texas's most coveted resort-lifestyle communities.
Agent Description
Your next chapter could start right here on the lake! With Lake Travis full & the water at your backyard, 1005 Challenger offers the unique opportunity to make lake living part of everyday life. Whether you’re looking for a full-time home, a weekend escape, or a place where family & friends can gather, this thoughtfully renovated & expanded close-in Lakeway home offers 5 bedrooms, 4.5 baths, and a flexible layout designed for life at the lake. While it may feel like a true lake escape, you’re only about 8 minutes from the heart of Lakeway + FM 620. Morning coffee overlooking Lake Travis. Walls of updated windows capture expansive Lake Travis views, while the open-concept living area features a fireplace and opens to a large covered balcony overlooking the water. The gourmet kitchen shares those beautiful views & features a large granite island, a built-in stainless-steel refrigerator, Viking gas range, dual ovens, Bosch dishwasher & a bar with built-in ice maker + sink. The lake-view primary suite features hardwood floors & a spa-like bath with a jetted tub, separate walk-in shower & dual walk-in closets. The practical floor plan allows for comfortable main-level living, while the lower level provides plenty of space for family & guests. An oversized en-suite bedroom with built-ins offers options as a large home office or flex space. Outside, an upgraded private tram takes you right to your 2022-built covered boat dock with a high-end HydroHoist boat lift, boat slip, storage closet, and generous entertaining space. The no-wake area offers a more relaxed setting for docking, floating, fishing & fun. A 2-car garage & abundant parking make hosting easy. For golf enthusiasts-- multiple public & private courses are nearby. Afternoons on the boat. A round of golf. Sunset dinners on the balcony. Weekends when everyone has a reason to come together. If you’ve been waiting for the right time to start your next chapter at the lake, 1005 Challenger is the place to begin it.
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 $611/sqft, this listing is priced 115% above the Lakeway median of $284/sqft.
Property Details
| Property Type | Single Family Residence |
| Year Built | 1982 |
| Bedrooms | 5 |
| Bathrooms | 5 |
| Living Area | 4,172 sqft |
| Lot Size | 0.60 acres |
| Price / Sqft | $611 |
| Stories | Two |
| Condition | Updated/Remodeled |
| Subdivision | Lakeway |
| County | Travis |
| MLS Area | LS |
| Listed | Jun 18, 2026 |
| MLS # | 5859832 |
| Listed By | Moreland Properties |
| Contact | (512) 480-0848 |
Interior
| Flooring | Carpet, Stone, Wood |
| Appliances | Built-In Electric Oven, Built-In Refrigerator, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Gas Cooktop, Gas Range, Ice Maker, Microwave, Oven, Electric Oven, Gas Oven, Double Oven, Plumbed For Ice Maker, Range, RNGHD, Refrigerator, Stainless Steel Appliance(s), Trash Compactor, Vented Exhaust Fan, Electric Water Heater |
| Interior Features | Bar, Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Ceiling-High, Ceiling-Vaulted, Chandelier, Granite Counters, Double Vanity, Eat-in Kitchen, Entrance Foyer, In-Law Floorplan, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Two Primary Closets, Walk-In Closet(s), Wet Bar, Wired for Sound |
| Windows | Double Pane Windows, Plantation Shutters, Screens, Shutters, Skylight(s), Window Coverings, Window Treatments |
| Fireplaces | 2 (Living Room, Primary Bedroom, Raised Hearth, Wood Burning) |
| Laundry | Inside, Laundry Room, Main Level |
| Main-Level Bedrooms | 1 |
| Living Areas | 1 |
| Dining Areas | 1 |
Systems & Utilities
| Cooling | Ceiling Fan(s), Central Air, Electric |
| Heating | Central, Electric, Heat Pump |
| Utilities | Electricity Connected, Propane, Sewer Connected, Water Connected |
| Water Source | MUD |
| Sewer | Public Sewer |
| Energy Efficient | Appliances |
Exterior & Lot
| Construction | Masonry – Partial, Wood Siding, Stone, Stone Veneer |
| Roof | Composition, Shingle |
| Foundation | Slab |
| Exterior Features | Balcony, Boat Dock - Private, Boat Lift, Boat Slip, Exterior Steps, Gutters Full, Lighting, Private Entrance, Private Yard |
| Patio & Porch | Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Side Porch |
| Waterfront | Yes |
| Fencing | Front Yard, Wrought Iron |
| Lot Features | Back Yard, Front Yard, Gentle Sloping, Landscaped, Native Plants, Near Golf Course, Public Maintained Road, Sloped Down, Sprinkler - Automatic, Sprinklers In Front, Sprinkler - Partial, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft), Views |
| View | Hill Country, Lake, Marina |
| Faces | Southeast |
Parking
| Parking Spaces | 5 |
| Garage Spaces | 2 |
| Covered Spaces | 2 |
| Parking Features | Additional Parking, Attached, Door-Multi, Driveway, Garage, Garage Door Opener, Garage Faces Side, Guest, Kitchen Level, Off Street, Parking Pad, Paved, Private |
Community & HOA
| HOA | No |
| Community Features | General Aircraft Airport, Lake, Park, Suburban, Trail(s) |
| Security | Security Lights, Security System, Security System Owned, Smoke Detector(s) |
Assigned Schools
| Elementary | Serene Hills |
| Middle | Hudson Bend |
| High | Lake Travis |
| District | Lake Travis ISD |
Taxes & Legal
| Tax Year | 2025 |
| Annual Tax | $30,116 |
| Assessed Value | $1,976,431 |
| Parcel # | 01437802010000 |
| Legal Description | LOT 1015 LAKEWAY SEC 9 |
| FEMA Flood Plain | Yes-100 yr |
| In ETJ | No |
| Disclosures | Seller Disclosure |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 1005 Challenger, Lakeway, TX 78734?
This property is listed at $2,550,000, which is $611 per square foot. That is 115% above the Lakeway area median of $284/sqft.
How many bedrooms and bathrooms does 1005 Challenger, Lakeway, TX 78734 have?
This home has 5 bedrooms and 5 bathrooms, with 4,172 square feet of living space.
When was 1005 Challenger, Lakeway, TX 78734 built?
This property was built in 1982, making it 44 years old.
What neighborhood is 1005 Challenger, Lakeway, 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 1005 Challenger, Lakeway, TX 78734 been on the market?
This listing has been on the market for 72 days.
What type of property is 1005 Challenger, Lakeway, TX 78734?
This is a Single Family Residence on a 26,040.17 sqft lot.