206 Phlox DR, Lakeway, TX — photo 1
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$699,000
3 beds2.5 baths2,232 sqft

206 Phlox DR, Lakeway TX 78734

MLS #246797549 · Christies Intl Real Estate Lone Star · Suzie Adams

Residential
Built in 1994
0.31 Acres Lot
$313/sqft

About this home

PRICE IMPROVEMENT! Nestled on a quiet cul-de-sac beneath a canopy of majestic live oaks, this exceptional Lakeway retreat offers the perfect blend of privacy, comfort, and Hill Country charm. Thoughtfully updated and lovingly enhanced by owners who intended this to be their forever home, every space has been carefully maintained and improved for both everyday living and effortless entertaining. This single-story home features wood flooring, spacious living areas, abundant natural light, and an open-concept layout designed for today’s lifestyle. The updated kitchen is the heart of the home with granite countertops, subway tile backsplash, gas cooking, breakfast bar seating, and seamless flow into the dining and living spaces. The private owner’s suite is a true sanctuary with soaring ceilings, dual vanities, a deep soaking tub, separate shower, oversized walk-in closet, and direct access to a secluded courtyard—perfect for a hot tub, morning coffee, or peaceful evening retreat. Outdoor living shines with a large covered patio, expansive deck, and stunning wood-burning stone fireplace creating the ultimate setting for gathering with family and friends year-round. Situated on a generously sized lot with room for a pool, gardens, or additional outdoor amenities, the property offers both privacy and endless possibilities. Additional highlights include updated windows, updated fencing, propane for cooking and heating, an oversized two-car garage with abundant storage, and an extended driveway with ample parking. Ideally located within walking distance to Lakeway City Park, Lake Travis, Crosswater Marina, Hamilton Greenbelt trails, and scenic hiking and biking paths. Located in highly acclaimed Lake Travis ISD, this rare Lakeway gem offers the lifestyle buyers dream about—peaceful, private, and close to everything that makes Lakeway one of the most sought-after communities on Lake Travis.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1994
Full baths
2
Half baths
1
Lot size
0.3098
Subdivision
Lakeway Sec 24-C
MLS area
LS
MLS #
246797549

Features

Interior features

  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Chandelier
  • Granite Counters
  • Double Vanity
  • Entrance Foyer
  • French Doors
  • High Speed Internet
  • Multiple Dining Areas
  • Multiple Living Areas
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Washer Hookup

Exterior features

  • Exterior Steps
  • Gutters Partial

Additional details

Parking
Attached, Door-Single, Driveway, Garage, Garage Door Opener, Garage Faces Side, Oversized
Garage spaces
2
Roof
Shingle
Foundation
Slab

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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 206 Phlox DR

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
15.7 mi
Austin-Bergstrom Airport
22.1 mi

Straight-line distance, not drive time.

Market insights

Compared with 424 active homes in ZIP 78734 · HomeLocating listings

Area median price
$767,000
This home vs. median
9% below
Homes with a price cut
37%

At $699,000, this home is priced 9% below the $767,000 median across 424 active homes in ZIP 78734, including other homes in Lakeway.

Estimated monthly payment

$4,875/mo
Principal & interest$3,535/mo
Property taxes (est.)
Home insurance (est.)

Home price

$699,000

Down payment

20% ($139,800)

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 Christies Intl Real Estate Lone Star · Suzie Adams

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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