
206 Phlox DR, Lakeway TX 78734
MLS #246797549 · Christies Intl Real Estate Lone Star · Suzie Adams
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
Location
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Schools
Assigned schools per the MLS.
- School district
- Lake Travis ISD
- Elementary
- Serene Hills
- Middle
- Hudson Bend
- High
- Lake Travis
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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
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
Home price
$699,000
Down payment
20% ($139,800)
Loan details
30-yr fixed, 6.50%
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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
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