123 Top O The Lake Dr Lakeway, TX $ 889,000
123 Top O The Lake Dr
$ 889,000
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123 Top O The Lake Dr

Lakeway, TX, 78734
$ 889,000
Bedrooms4 Baths2.1 Sq 2,701

Monthly Estimate*

$ 5,474

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Single Family Home for sale in Lakeway, TX

for $889,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,701 square foot home was built in 1989 on a lot size of 0.7048.

Rare opportunity in Old Lakeway on a .7-acre creek-side lot. Nestled on a quiet, tree-lined street with rolling hills, this property offers both privacy and convenience. Enjoy picturesque hillside views from multiple decks, creating a true treehouse-like setting with a bird’s-eye perspective. The expansive backyard backs to a year-round creek—ideal for canoeing, relaxing, or enjoying the natural setting—with ample space for a future pool and garden. The home has been fully remodeled with approximately $200K in improvements (see MLS documents for details), while still offering potential to expand, including adding square footage or a custom wine room. Located just minutes from RR 620 with easy access to Lakeway amenities, and walkable to the new Square at Lakeway development and The Oaks, HEB, Torchy’s Tacos, and High Five. A unique combination of space, location, and lifestyle in one of Lakeway’s most established neighborhoods

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Single Family Active

Price

$ 889,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 9,137

Style

Single Family Residence

Lot Size

0.7048

Year Built

1989

Town/City

Lakeway

County/Region

Travis

MLS | Web ID

5398572

Features
General
Living Area 2701
Sewer Public Sewer
Heating Central Electric
Cooling Ceiling Fan(s) Central Air
Utilities Electricity Connected Other Propane Sewer Connected Water Connected
Roof Metal
Appliances Built-In Electric Oven Dishwasher Disposal Exhaust Fan Microwave Oven Propane Cooktop Range
Garage Spaces 2
Patio/Porch Features Front Porch Patio Porch
Pool Features None
Security Features Security System Smoke Detector(s)
Construction Materials Masonry – Partial
Year Built 1989
View Hill Country Neighborhood Panoramic Park/Greenbelt Pond Trees/Woods
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Pond
Community Features Airport/Runway Dog Park Fishing Golf Lake Library Park Picnic Area Playground Pool Trail(s)
Accessibility None
County Travis
New Construction N
Property Type Residential
HOA N
Energy Efficient None
Subdivision Name Lakeway Sec 22-C
Facing Direction West
Green Sustainability None
Other Structures Shed(s)
Full Baths 2
Status Active
Directions 620 South Right on Lakeway Blvd. Left on Top O The Lake house and lot will be on your left.
High School Lake Travis
City Lakeway
Disclosures Seller Disclosure
MLS Area LS
Lot Size Square Feet 30701.09
Elementary School Lakeway
Tax Annual Amount 9137.3
Middle/Junior High School Hudson Bend
Property Condition Resale
Additional Parcels Y/N N
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 675055
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Interior
Interior Amenities Bookcases Ceiling Fan(s) Granite Counters Double Vanity Eat-in Kitchen Interior Steps Multiple Dining Areas Multiple Living Areas Primary Bedroom on Main
Flooring Tile Wood
Total Fireplaces 1
Fireplace Features Living Room Wood Burning
Window Features Screens
Half Baths 1
Total Bedrooms 4
Main Level Bedrooms 1
Total Baths 3
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Exterior
Exterior Amenities Exterior Steps Lighting
Fencing Back Yard Wood Wrought Iron
Parking Features Attached Driveway Garage Garage Door Opener Garage Faces Front
Lot Features Back Yard Gentle Sloping Trees-Large (Over 40 Ft) Views
Water Source MUD
Total Parking 4
Foundation Details Pillar/Post/Pier
Lot Size Acres 0.7048
Waterfront Y/N N
Covered Spaces 2
Horse Y/N N
Horse Amenities None
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Internal Only
Street Number 1 123
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* Excluded Features
List By
Wendy Elder

Listing Agent

Compass Re Texas, Llc

Broker

wendy.elder@compass.com

Email

Affordability Calculator

$6,235
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,474
Monthly Property Taxes
$761
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4360260 Elementary School
4360309 Middle School
Lake Travis High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2026$889,000 Listed Price

Map


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123 Top O The Lake Dr, Lakeway, TX, 78734 is a Single Family Home for sale at $889,000 with 2,701 sqft and a lot size of 0.7048. 123 Top O The Lake Dr has 4 bedrooms, 2.1 baths, and was built in 1989. The property's zip code is 78734 which is in Lakeway, TX