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.
517 Dragon, Lakeway TX 78734
MLS #245720856 · The Marye Company · Wyc Cummings
About this home
Rare opportunity on nearly an acre with Lake Travis views! Home has been taken down to the studs — a blank canvas to customize the interior to your vision. Vaulted beamed ceilings and a stone fireplace showcase the home's great bones and scale. Total lot size is .98 acres, offering the potential to subdivide or re-plat back into two separate lots (buyer to verify with city of Lakeway & Lakeway MUD). A unique chance to renovate, build new, or capitalize on the double-lot potential in this prime location.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 1976
- Full baths
- 2
- Half baths
- 1
- Lot size
- 0.9837
- Subdivision
- Lakeway Sec 03
- MLS area
- LS
- MLS #
- 245720856
Features
Interior features
- None
Exterior features
- No Exterior Steps
Additional details
- Parking
- Carport
- Garage spaces
- 2
- Roof
- Metal
- Foundation
- Slab
- Annual tax
- $12,035
Location
View Street ViewLoading map…
Schools
Assigned schools per the MLS.
- School district
- Lake Travis ISD
- Elementary
- Serene Hills
- Middle
- Hudson Bend
- High
- Lake Travis
Market insights
Compared with 428 active homes in ZIP 78734 · HomeLocating listings
At $650,000, this home is priced 14% below the $759,000 median across 428 active homes in ZIP 78734, including other homes in Lakeway.
Estimated monthly payment
Home price
$650,000
Down payment
20% ($130,000)
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 The Marye Company · Wyc Cummings
Listing data last updated Aug 24, 2026, 5:46 PM
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