Homes Under $1M in Lakeway, TX

83 active homes under $1m in Lakeway, TX · The median list price in Lakeway is $757,000.

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$327,500

106 Bella Toscana Ave #3204, Lakeway TX 78734

MLS #239260821 · Kuper Sotheby's Int'l Realty · Doug Land

1 bd·1.5 ba·939 sqft

Motivated Seller

$679,900

109 Pennybacker LN, Lakeway TX 78738

MLS #236371765 · eXp Realty, LLC · Staci Wimbush

4 bd·3.5 ba·2,387 sqft

Motivated Seller

$365,000

114 World Of Tennis SQ #114, Lakeway TX 78738

MLS #238981475 · Coldwell Banker Realty · Jennifer Pierson

4 bd·4 ba·2,272 sqft

Motivated Seller

$725,000

105 Cascading Water PL, Lakeway TX 78734

MLS #238922484 · Douglas Elliman Real Estate · Jeff Burke

4 bd·2.5 ba·2,591 sqft

Motivated Seller

$374,000

106 Bella Toscana Ave #3208, Lakeway TX 78734

MLS #239326736 · Moreland Properties · Sam Wachnin

2 bd·2 ba·1,174 sqft

Motivated Seller

$545,000

103 Rivalto CIR #1, Lakeway TX 78734

MLS #242506532 · RE/MAX River City · Bryan Anderson

2 bd·2 ba·1,507 sqft

$705,000

606 Explorer, Lakeway TX 78734

MLS #227413781 · Agents Realty of Texas, LLC · Susie Rogers

3 bd·3 ba·2,413 sqft

Motivated Seller

$260,000

102 Bella Toscana Ave #1103, Lakeway TX 78734

MLS #231491223 · Kuper Sotheby's Int'l Realty · Joan Bockenkamp

1 bd·1.5 ba·952 sqft

Motivated Seller

$849,000

107 Cascading Waters PL, Lakeway TX 78734

MLS #237990409 · eXp Realty, LLC · Jacquelyn Foreman

4 bd·3.5 ba·3,008 sqft

Motivated Seller

$419,000

201 Sailmaster ST, Lakeway TX 78734

MLS #241638135 · Smart City Realty, LLC · Theresa Filarowicz

3 bd·2 ba·1,488 sqft

Motivated Seller

$969,000

212 Marina View WAY #11A, Lakeway TX 78734

MLS #240000620 · Keller Williams - Lake Travis · Angy Beck

3 bd·4 ba·2,862 sqft

Price Cut

$775,000

623 Sunfish ST, Lakeway TX 78734

MLS #243764673 · RE/MAX Ascension · Michael Kern

3 bd·2.5 ba·2,322 sqft

Motivated Seller

$745,000

201 Crescent BLF, Lakeway TX 78734

MLS #242545671 · Kuper Sotheby's Int'l Realty · Cynthia Mattiza

4 bd·3.5 ba·2,860 sqft

Motivated SellerNew Construction

$699,900

112 Pennybacker LN, Lakeway TX 78738

MLS #237242175 · HomesUSA.com · Ben Caballero

3 bd·2.5 ba·2,104 sqft

Quick Move-In

Motivated SellerNew Construction

$699,900

405 Austin Heights RD, Lakeway TX 78738

MLS #241119233 · HomesUSA.com · Ben Caballero

4 bd·3.5 ba·2,409 sqft

Quick Move-In

Motivated Seller

$393,500

114 Aria RDG #802, Lakeway TX 78738

MLS #241887138 · Compass RE Texas, LLC · Michael Langford

3 bd·2.5 ba·2,255 sqft

Motivated Seller

$699,000

205 Amiata Ave #96, Lakeway TX 78734

MLS #240446085 · eXp Realty, LLC · Jacquelyn Foreman

3 bd·2.5 ba·2,530 sqft

Motivated Seller

$899,000

304 Nautilus Ave, Lakeway TX 78738

MLS #243750586 · Coldwell Banker Realty · Melanie Damron

4 bd·4 ba·3,208 sqft

Motivated Seller

$250,000

104 Bella Toscana Ave #2106, Lakeway TX 78734

MLS #239413252 · RE/MAX River City · Bryan Anderson

1 bd·1.5 ba·976 sqft

Motivated Seller

$447,250

6 MUIRFIELD GREENS CV, Lakeway TX 78738

MLS #241826024 · Moreland Properties · April Womack

3 bd·2.5 ba·2,109 sqft

Motivated SellerNew Construction

$739,900

403 Austin Heights RD, Lakeway TX 78738

MLS #238963064 · HomesUSA.com · Ben Caballero

4 bd·3.5 ba·2,800 sqft

Quick Move-In

$979,000

303 ROLLING GREEN DR, Lakeway TX 78734

MLS #241967746 · Ruzicka Real Estate · Vlado Ruzicka

4 bd·3.5 ba·2,874 sqft

$422,500

267 Mooring CIR, Lakeway TX 78734

MLS #243892523 · Coldwell Banker Realty · Trina Rivera

3 bd·2 ba·1,458 sqft

Price Cut

$975,000

414 Sitlington LN, Lakeway TX 78738

MLS #244708378 · Serhant Texas, LLC · Ellen Steele

3 bd·2 ba·2,402 sqft

About Homes Under $1M in Lakeway, TX

Setting a price ceiling is one of the most useful ways to shop, and there are 83 homes for sale under $1M in Lakeway on the market right now, drawn from live MLS data — so you're seeing what's actually available in your range, not a stale list. How far a $1M budget goes depends on the Lakeway market, and the quickest gauge is the median list price shown above: when your ceiling is below the local median you're shopping the lower-priced end of the local market, and when it's near or above the median you're looking at a large share of what's available. Within a $1M budget you'll typically find a mix of property types — houses, condos, and townhomes, and in some areas newer construction — across different sizes, ages, and neighborhoods, so the trade-offs between them are where the real choice lives. You can filter the homes and houses for sale under $1M in Lakeway by beds, baths, and features to narrow the list, and open any listing for its full details and price history. Because HomeLocating is an independent home-search platform — not a national portal — you get a neutral, MLS-sourced view of what $1M actually buys in Lakeway today.

Buying a Home Under $1M in Lakeway

Shopping with a $1M ceiling in Lakeway works best when the number is real, so a few things are worth doing before you tour. Start with a lender: getting pre-approved tells you what you can actually borrow and what your monthly payment looks like at $1M, which is often different from a round budget in your head. Remember that the list price isn't the whole cost — property taxes, any HOA or MUD dues, and insurance all factor into what a home under $1M really costs each month, so it's worth looking at the full number. Within a fixed budget, the choice usually comes down to trade-offs: size, location and commute, the age and condition of the home, and new construction versus resale — deciding which of those matter most to you makes comparing homes far easier. And well-priced homes in a given range can move quickly, so knowing your criteria in advance helps you act when the right one appears. None of this is financial advice, and HomeLocating is not a lender — but it's what keeps a budget from being a guess. Through HomeLocating, you can get help finding and buying a home under $1M in Lakeway directly through the site. When you're ready, browse the listings above and reach out about any that interest you.

Frequently Asked Questions

How many homes are for sale under $1M in Lakeway?

It changes as new listings come on the market and others go under contract. The homes under $1M shown here for Lakeway are drawn from live MLS data, so the count reflects what's actually available right now — the current total is shown with the results above.

What kind of homes can I get under $1M in Lakeway?

It depends on how $1M compares to the local market — the median list price for Lakeway is shown above. Within that budget you'll generally find a mix of houses, condos, and townhomes, and in some areas newer construction, across a range of sizes, ages, and neighborhoods. Filtering by property type and features narrows it to what fits.

How does a $1M budget compare to the Lakeway market?

The simplest gauge is the median list price shown above. If $1M is below the Lakeway median, you're shopping the lower-priced end of the market; if it's near or above the median, your budget covers a large share of what's listed. The live count shows how many homes currently fall under $1M.

How do I know what I can actually afford?

List price is only part of it — your real budget depends on your financing plus property taxes, insurance, and any HOA or MUD dues. Getting pre-approved with a lender tells you what you can borrow and what the monthly payment would be at $1M, so the number is based on your situation rather than a guess.

Are these listings current?

Yes — the homes under $1M shown here are drawn from live MLS data, so you're seeing current listings rather than a stale or padded list. As an independent platform, the goal is an accurate, neutral view of the Lakeway market.

Can HomeLocating help me buy a home under $1M in Lakeway?

Yes. Through HomeLocating, you can get help comparing homes in your budget, understanding the full monthly cost, and handling the offer directly through the site — reach out about any of the listings above.