Mansions for Sale in Lakeway, TX

10 active mansions in Lakeway, TX from $1,595,000 · The median list price in Lakeway is $757,000.

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Live data — verified active on October 3, 2026. A home is listed here when it is 5,000 sq ft or larger and priced at $800,000 or more.

$2,350,000

303 Camino Arbolago ST, Lakeway TX 78734

MLS #246828672 · All City Real Estate Ltd. Co · Shama Verma

6 bd·5 ba·5,734 sqft

$4,495,000

909 Brooks Hollow RD, Lakeway TX 78734

MLS #246257116 · Compass RE Texas, LLC · Michelle Jones

4 bd·4 ba·5,000 sqft

$3,900,000

805 Brooks Hollow RD, Lakeway TX 78734

MLS #246044806 · eXp Realty, LLC · Noa Levy

5 bd·3.5 ba·6,749 sqft

New Construction

$2,150,000

104 High View TRL, Lakeway TX 78738

MLS #245129271 · eXp Realty, LLC · Jacquelyn Foreman

5 bd·5.5 ba·5,371 sqft

Quick Move-In

Motivated SellerNew Construction

$2,399,900

953 Flagtop CT, Lakeway TX 78738

MLS #242647796 · HomesUSA.com · Ben Caballero

5 bd·5.5 ba·5,170 sqft

Quick Move-In

Motivated Seller

$2,199,000

504 Black Wolf RUN, Lakeway TX 78738

MLS #242667489 · eXp Realty, LLC · Jacquelyn Foreman

5 bd·5.5 ba·5,557 sqft

Motivated Seller

$4,296,780

108 Montana Del Oro WAY, Lakeway TX 78738

MLS #235746724 · Compass RE Texas, LLC · Angie McDowell

5 bd·5.5 ba·5,362 sqft

Price Cut

$1,595,000

312 Camino Arbolago, Lakeway TX 78734

MLS #244027648 · Keller Williams Realty · Gregory Tran

5 bd·5.5 ba·6,310 sqft

Price Cut

$1,950,000

136 Baldovino SKWY, Lakeway TX 78738

MLS #244213912 · 1835 Realty LLC · Craig Smyser

5 bd·5.5 ba·5,494 sqft

Motivated Seller

$2,199,900

508 Woodside TER, Lakeway TX 78738

MLS #241556885 · Coldwell Banker Realty · Eric Krumplitsch

5 bd·7 ba·6,164 sqft

About Mansions in Lakeway, TX

This page lists mansions for sale in Lakeway. "Mansion" has no official definition, so here it is a plain, objective one: an active listing of 5,000 square feet or more that is also priced at $800,000 or more. The same rule applies in every city, and the list comes from live MLS data, updated daily. Every home here is also part of the luxury homes tier.

Buying a Large Luxury Home in Lakeway

Large homes carry larger numbers — financing above the conforming loan limit is usually a jumbo loan, so talk with a licensed lender early. Square footage in a listing is the seller-reported or public-record figure and can differ from an appraiser's measurement, so verify it. A thorough inspection of systems, roof, and foundation, plus a careful look at property taxes, insurance, and upkeep costs, gives a fuller picture than the list price. A licensed REALTOR® can walk through recent large-home sales in Lakeway.

Frequently Asked Questions

How does a home get listed as a mansion?

A home is shown when it is 5,000 square feet or more and priced at $800,000 or more, per the MLS listing. It is an objective size-and-price rule, not a judgment about a property.

How accurate is the square footage?

It is the figure in the MLS listing — from the seller, builder, or public records — and can differ from an appraisal. Verify it during your inspection and appraisal.

Are mansions also listed as luxury homes?

Yes. Every home here is priced at $800,000 or more, so it also appears on the luxury homes page.

How often is this list updated?

Daily, from live MLS data. A home leaves the list when it goes under contract, sells, or no longer matches.