$599,000
3 bd · 3 ba · 2,575 sqft
304 Palos Verdes Dr, Lakeway, TX 78734
304 Palos Verdes Dr, Lakeway, TX 78734 is a 3-bedroom, 3-bathroom single family residence listed at $599,000 ($233/sqft). 2,575 sqft. Built in 1985. Located in Lakeway, Austin TX. Priced 19% below the Lakeway median of $287/sqft. MLS #6196779. Listed by Coldwell Banker Realty.
Property Overview
This approved short sale in Lakeway presents a remarkable value opportunity at 19% below the neighborhood median price. Nestled on a private third-acre lot along one of Old Lakeway's most scenic, tree-lined streets, this two-story residence captures the resort-style living that defines the community. The home's distinctive architecture features soaring ceilings, skylights, and expansive windows that flood the interior with natural light, while recently installed luxury vinyl plank flooring and updated quartz counters establish a modern foundation throughout the 2,575 square feet of living space.
The flexible open floor plan accommodates a lifestyle centered on entertaining and family gatherings. Multiple living and dining areas flow seamlessly, complemented by a chef's kitchen with dual cooking surfaces, island seating, and an induction cooktop. Three generously proportioned bedrooms and three full bathrooms provide comfortable accommodation, while the upper-level laundry room and walk-in closets add everyday convenience. A wood-burning fireplace anchors the living room, and abundant storage throughout maximizes functionality.
The location delivers unparalleled access to Lakeway's recreational amenities. Minutes from Lake Travis and its marinas, residents enjoy nearby championship golf courses, hiking and biking trails through the Hamilton Greenbelt, and waterfront dining options. The highly rated Lake Travis ISD schools and the community's clubhouse, pools, and sport facilities round out the lifestyle. On Palos Verdes Drive in Lakeway, Texas, this home represents exceptional value for buyers seeking authentic Hill Country living.
Vox Real Estate Insight
The Vox Real Estate team recognizes this approved short sale as a strategic opportunity for Austin-area buyers seeking Lake Travis access at compelling pricing, particularly given the property's resort-community amenities and proximity to both water recreation and quality schools. At nearly $54 per square foot below
Agent Description
APPROVED SHORT SALE! Excellent opportunity to own this Lakeway home at an exceptional value. Fantastic home nestled within a resort-style community along one of Old Lakeway’s most scenic, tree-lined streets, this move-in ready and architecturally distinctive property offers a rare opportunity to embrace the coveted Lakeway lifestyle. Set on a private 1/3-acre lot near the Hamilton Greenbelt and just minutes from Lake Travis, you’ll enjoy access to marinas, golf courses, hiking and biking trails, and local dining—all within the highly sought-after Lake Travis school district. Designed to stand out, the home features a grand front entrance, soaring ceilings, multiple skylights, and expansive newer windows and sliding doors that flood the space with natural light, while newly installed LVP flooring enhances its modern, move-in ready appeal. The flexible floor plan is an entertainer’s delight with multiple living areas, including a versatile media or game room—perfect for movie nights and everyday family connection. Spacious decks and seamless indoor-outdoor living create multiple areas for year-round entertaining or relaxing in a peaceful Hill Country setting. The *gourmet kitchen* is thoughtfully updated with quartz countertops, a Thermador induction cooktop, high-end stainless steel appliances, and modern cabinetry, opening to the main living and dining areas. It serves as both a stylish culinary space and the heart of the home—ideal for casual meals, conversation, and even a place to gather for homework. The private primary suite offers a true retreat with a spa-like walk-in shower and refined finishes. Additional highlights include a RARE 3-car garage, new HVAC systems (2025), a durable 30+ year roof (2017), plumbed central vacuum system, low-maintenance landscaping, two fig trees, and space to create your own outdoor oasis + Google Fiber! This is a rare opportunity to own a truly distinctive home that combines architectural character and modern updates.
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 $233/sqft, this listing is priced 19% below the Lakeway median of $287/sqft.
Property Details
| Property Type | Single Family Residence |
| Year Built | 1985 |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Living Area | 2,575 sqft |
| Lot Size | 0.35 acres |
| Price / Sqft | $233 |
| Stories | Two |
| Condition | Updated/Remodeled |
| Subdivision | Lakeway Sec 27 |
| County | Travis |
| MLS Area | LS |
| Listed | Dec 4, 2025 |
| MLS # | 6196779 |
| Listed By | Coldwell Banker Realty |
| Contact | (512) 263-5655 |
Interior
| Flooring | Carpet, Tile, Vinyl |
| Appliances | Bar Fridge, Built-In Electric Oven, Cooktop, Dishwasher, Disposal, Induction Cooktop, Microwave, Oven, Washer/Dryer |
| Interior Features | Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Ceiling-High, Chandelier, Quartz Counters, Double Vanity, Eat-in Kitchen, Entrance Foyer, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Sound System, Storage, Walk-In Closet(s) |
| Windows | Blinds, Skylight(s), Vinyl Windows |
| Fireplaces | 1 (Living Room, Wood Burning) |
| Laundry | Inside, Laundry Room, Upper Level |
| Living Areas | 2 |
| Dining Areas | 2 |
| Accessibility | Accessible Bedroom |
Systems & Utilities
| Cooling | Ceiling Fan(s), Central Air |
| Heating | Central, Fireplace(s) |
| Utilities | Cable Connected, Electricity Connected, Sewer Connected, Water Connected |
| Water Source | MUD |
| Sewer | MUD |
| Energy Efficient | Windows |
Exterior & Lot
| Construction | Stucco |
| Roof | Membrane |
| Foundation | Slab |
| Exterior Features | Private Yard |
| Patio & Porch | Deck, Front Porch |
| Fencing | Back Yard, Fenced, Wood |
| Lot Features | Back Yard, Front Yard, Landscaped, Near Golf Course, Xeriscape |
| Faces | North |
Parking
| Parking Spaces | 7 |
| Garage Spaces | 3 |
| Covered Spaces | 3 |
| Parking Features | Driveway, Garage, Garage Door Opener, Garage Faces Front |
Community & HOA
| HOA | No |
| Community Features | Clubhouse, General Aircraft Airport, Golf, Lake, Library, Park, Pool, Sport Court(s)/Facility, Tennis Court(s), Trail(s) |
| Security | Fire Alarm |
Assigned Schools
| Elementary | Serene Hills |
| Middle | Hudson Bend |
| High | Lake Travis |
| District | Lake Travis ISD |
Taxes & Legal
| Tax Year | 2025 |
| Annual Tax | $13,051 |
| Assessed Value | $717,696 |
| Parcel # | 01417302080000 |
| Legal Description | LOT 2974 LAKEWAY SEC 27 |
| FEMA Flood Plain | No |
| In ETJ | No |
| Disclosures | MUD, Seller Disclosure |
| Listing Conditions | Short Sale |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 304 Palos Verdes Dr, Lakeway, TX 78734?
This property is listed at $599,000, which is $233 per square foot. That is 19% below the Lakeway area median of $287/sqft.
How many bedrooms and bathrooms does 304 Palos Verdes Dr, Lakeway, TX 78734 have?
This home has 3 bedrooms and 3 bathrooms, with 2,575 square feet of living space.
When was 304 Palos Verdes Dr, Lakeway, TX 78734 built?
This property was built in 1985, making it 41 years old.
What neighborhood is 304 Palos Verdes Dr, 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 304 Palos Verdes Dr, Lakeway, TX 78734 been on the market?
This listing has been on the market for 300 days.
What type of property is 304 Palos Verdes Dr, Lakeway, TX 78734?
This is a Single Family Residence on a 15,180.66 sqft lot.