1005 Challenger, Lakeway, TX — photo 1
Motivated SellerEstimated by HomeLocating
1 / 40
View virtual tour
$2,550,000
5 beds4.5 baths4,172 sqft

1005 Challenger, Lakeway TX 78734

MLS #243900363 · Moreland Properties · Allison Olson

Residential
Built in 1982
61,270,127,280 sqft Lot
$611/sqft

About this home

Whether you’re looking for a full-time home, weekend escape, or a place for family & friends to gather, this thoughtfully renovated & expanded Lake Travis waterfront home offers 5 bedrooms, 4.5 baths, expansive lake views, and direct water access with its own private tram and covered boat dock-- all while being only 8 minutes from the heart of Lakeway and 620! Walls of updated windows showcase expansive views of Lake Travis throughout. The open-concept living area features a fireplace and opens to a covered balcony overlooking the water—perfect for morning coffee, sunset dinners, and enjoying the view. Outside, an upgraded private tram provides convenient access from the home to the water & the practically new, 2022-built covered boat dock, which features a high-end HydroHoist boat lift, boat slip, storage closet & generous space for lake fun. Its location along a no-wake area provides a more relaxed setting! Inside, the gourmet kitchen also overlooks the lake and features a statement granite island, built-in stainless-steel refrigerator, Viking gas range, dual ovens, Bosch dishwasher & 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 flexible floor plan allows for comfortable main-level living, while the lower level provides additional space for family & guests. An oversized en-suite bedroom with built-in shelves offers flexibility as a large home office, guest suite, and more. An oversized 2-car garage & abundant parking make it easy to accommodate family & guests. Golfers will love the multiple golf courses nearby. Lake Travis views, direct water access, a private tram, and your own covered boat dock—all from a home designed to make the most of life on the lake. 1005 Challenger offers the setting and flexibility to enjoy it full-time or as a weekend retreat.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1982
Full baths
4
Half baths
1
Lot size
61 x 270 x 127 x 280
Subdivision
Lakeway
MLS area
LS
MLS #
243900363

Features

Interior features

  • See Remarks
  • Bar
  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • High Ceilings
  • Vaulted Ceiling(s)
  • Chandelier
  • Granite Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • Entrance Foyer
  • French Doors
  • In-Law Floorplan
  • Interior Steps
  • Kitchen Island
  • Multiple Dining Areas
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Walk-In Closet(s)
  • Washer Hookup
  • Wet Bar
  • Wired for Sound

Exterior features

  • Balcony
  • Boat Dock - Private
  • Boat Lift
  • Boat Slip
  • Exterior Steps
  • Gutters Full
  • Lighting
  • Private Entrance
  • Private Yard

Additional details

Parking
Additional Parking, Attached, Door-Multi, Driveway, Garage, Garage Door Opener, Garage Faces Side, Guest, Kitchen Level, Off Street, Parking Pad, Paved, Private
Garage spaces
2
Roof
Composition, Shingle
Foundation
Slab
Annual tax
$30,116

Loading map…

Schools

Assigned schools per the MLS.

School district
Lake Travis ISD
Elementary
Serene Hills
Middle
Hudson Bend
High
Lake Travis

See Lake Travis ISD schools & boundaries →

Comparable homes near 1005 Challenger

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
16.1 mi
Austin-Bergstrom Airport
22.5 mi

Straight-line distance, not drive time.

Market insights

Compared with 425 active homes in ZIP 78734 · HomeLocating listings

Area median price
$765,000
This home vs. median
233% above
Homes with a price cut
37%

At $2,550,000, this home is priced 233% above the $765,000 median across 425 active homes in ZIP 78734, including other homes in Lakeway.

Estimated monthly payment

$16,467/mo
Principal & interest$12,894/mo
Property taxes
Home insurance (est.)

Home price

$2,550,000

Down payment

20% ($510,000)

Loan details

30-yr fixed, 6.50%

Free & no obligation — we'll connect you with a trusted lender.

Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

See this home in person

Request a tour

We confirm your time and reach out fast.

By providing your phone number, you agree to receive calls and text messages from Quality Property Group Inc regarding your inquiry and related property information. Consent is not a condition of purchase. Message frequency varies. Message & data rates may apply. Reply STOP to unsubscribe, HELP for help. Privacy Policy · Terms of Service

Prefer to talk? Call or text (512) 877-8688

Interested in this home?

Ask a question or schedule a tour — we’ll follow up within 24 hours.

By providing your phone number, you agree to receive calls and text messages from Quality Property Group Inc regarding your inquiry and related property information. Consent is not a condition of purchase. Message frequency varies. Message & data rates may apply. Reply STOP to unsubscribe, HELP for help. Privacy Policy · Terms of Service

By submitting, you agree to be contacted by HomeLocating. No spam, ever.

Listing courtesy of Moreland Properties · Allison Olson

Listing data last updated Oct 2, 2026, 11:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

Keep exploring

Call Now