What to know before you move: cost, market timing, who it fits.
If you're considering a move to Lakeway, TX, the most important variables are the local housing market, the cost structure (taxes, insurance, utilities), and how well the city fits your day-to-day life. This page summarizes the housing market read; pair it with the cost of living page for the full picture.
Lakeway is a city in Travis County, Texas, with an estimated population of 19,056. It anchors the Austin-Round Rock-Georgetown metro area. The median home value in Lakeway is $746,510 as of 2026-04, down 2.8% over the last 12 months. Rents in Lakeway average $2,673 per month, up 3.0% year-over-year. The composite momentum score is 39 of 100 (Cooling). Buyers may find more room to negotiate; sellers should price realistically.
Prices have come off recent highs (-23.5% from peak). Buyers may have more room to negotiate; sellers should price realistically.
Reasons people move here
- The data is the data: Lakeway has at least 5 years of Zillow tracking, full Census identification, and is included in the 1-criteria momentum score on this page.
- Data is sourced from public datasets (Zillow, US Census) with full citations on the methodology page.
Things to know first
- 23% off the 5-year peak. That's not a healthy correction — that's a market that ran too far and is still digesting.
- Expensive AND not growing: median home $746,510 with only -2.8% YoY. You're paying premium pricing for a flat trend.
- Cooling: -2.8% over the trailing year — momentum has stalled.
More about Lakeway
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.