109 Schooner DR, Lakeway, TX — photo 1
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This home is under contract and no longer accepting offers. The price below is the last listed price, kept for reference only — if the deal falls through it may return to the market.

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Last listed price
$619,000
3 beds2 baths2,025 sqft

109 Schooner DR, Lakeway TX 78738

MLS #245422840 · eXp Realty, LLC · Jacquelyn Foreman

Residential
Built in 1988
0.31 Acres Lot
$306/sqft

About this home

Single-story living in old Lakeway, set on a level 0.31-acre homesite with no neighbors directly behind and generous space between homes — a combination that is increasingly hard to find this close to Lake Travis. Positioned on a quiet street near the World of Tennis, the Lakeway golf clubs, and Serene Hills Elementary, 109 Schooner Drive pairs an established, low-density neighborhood with the room to make a home your own. A covered front porch with cedar posts and Austin stone sets the tone, opening to a cathedral ceiling that lifts the main living area, where a floor-to-ceiling white stone, wood-burning fireplace sits framed by tall arched windows, a built-in dry bar makes entertaining easy, and new wood-look luxury vinyl plank flooring runs throughout. The open island kitchen offers tile counters, a downdraft electric cooktop, a built-in oven and microwave, a stainless steel refrigerator, and an eat-in space that connects to both the dining room and a second living area — two distinct places to gather. The main-level primary suite carries a tray ceiling, private patio access, a walk-in closet, and a granite double-vanity bath with a separate shower and soaking tub. Two additional bedrooms and a versatile flex space round out a 3-bedroom, 2-bath layout that lives large, and fresh paint, new carpet, and updated lighting have the home ready today. Outside is where the lot earns its keep: a wide, level backyard edged by mature oaks and stone retaining walls, a covered patio and a wood deck for unhurried Hill Country evenings, and enough open ground to add a future pool, sport court, or pickleball court. A durable metal roof, public sewer connection, a low 1.85 tax rate, and no HOA make ownership refreshingly simple. All of it falls within Lake Travis ISD, minutes from the marinas, waterfront dining, and lake recreation that define everyday life on Lake Travis. Schedule a private showing to walk the lot and see what single-story living in Lakeway can be.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1988
Full baths
2
Lot size
0.3099
Subdivision
Lakeway
MLS area
LS
MLS #
245422840

Features

Interior features

  • Built-in Features
  • Ceiling Fan(s)
  • Cathedral Ceiling(s)
  • High Ceilings
  • Tray Ceiling(s)
  • Chandelier
  • Granite Counters
  • Tile Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • High Speed Internet
  • Multiple Living Areas
  • Open Floorplan
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Washer Hookup
  • Wired for Data

Exterior features

  • Private Yard

Additional details

Parking
Aggregate, Attached, Door-Single, Driveway, Garage, Garage Door Opener, Garage Faces Side, Inside Entrance, Kitchen Level, Oversized
Garage spaces
2
Roof
Metal
Foundation
Slab
Annual tax
$13,369

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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 109 Schooner DR

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
16.4 mi
Austin-Bergstrom Airport
22.6 mi

Straight-line distance, not drive time.

Market insights

Compared with 440 active homes in ZIP 78738 · HomeLocating listings

Area median price
$995,000
This home vs. median
38% below
Homes with a price cut
41%

At $619,000, this home is priced 38% below the $995,000 median across 440 active homes in ZIP 78738, including other homes in Lakeway.

Estimated monthly payment

$4,502/mo
Principal & interest$3,130/mo
Property taxes
Home insurance (est.)

Home price

$619,000

Down payment

20% ($123,800)

Loan details

30-yr fixed, 6.50%

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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.

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Listing courtesy of eXp Realty, LLC · Jacquelyn Foreman

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.

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