1005 Challenger, Lakeway TX 78734
Lakeway, TX 78734 · Lakeway
Single Family Residence for sale in Lakeway
Overview
Property Description
Your next chapter could start right here on the lake! With Lake Travis full & the water at your backyard, 1005 Challenger offers the unique opportunity to make lake living part of everyday life. Whether you’re looking for a full-time home, a weekend escape, or a place where family & friends can gather, this thoughtfully renovated & expanded close-in Lakeway home offers 5 bedrooms, 4.5 baths, and a flexible layout designed for life at the lake. While it may feel like a true lake escape, you’re only about 8 minutes from the heart of Lakeway + FM 620. Morning coffee overlooking Lake Travis. Walls of updated windows capture expansive Lake Travis views, while the open-concept living area features a fireplace and opens to a large covered balcony overlooking the water. The gourmet kitchen shares those beautiful views & features a large granite island, a built-in stainless-steel refrigerator, Viking gas range, dual ovens, Bosch dishwasher & a bar with built-in ice maker + sink. The lake-view primary suite features hardwood floors & a spa-like bath with a jetted tub, separate walk-in shower & dual walk-in closets. The practical floor plan allows for comfortable main-level living, while the lower level provides plenty of space for family & guests. An oversized en-suite bedroom with built-ins offers options as a large home office or flex space. Outside, an upgraded private tram takes you right to your 2022-built covered boat dock with a high-end HydroHoist boat lift, boat slip, storage closet, and generous entertaining space. The no-wake area offers a more relaxed setting for docking, floating, fishing & fun. A 2-car garage & abundant parking make hosting easy. For golf enthusiasts-- multiple public & private courses are nearby. Afternoons on the boat. A round of golf. Sunset dinners on the balcony. Weekends when everyone has a reason to come together. If you’ve been waiting for the right time to start your next chapter at the lake, 1005 Challenger is the place to begin it.
Financial Info
- Price
- $2,550,000
- $ / Sqft
- $611
- HOA
- None
- Tax Rate
- 1.793607%
- Est. Taxes
- $15,875
- Tax Year
- 2025
- Exemptions
- Homestead, Over 65
Legal Info
- Address
- 1005 Challenger
- County
- Travis
- City
- Lakeway
- State
- TX
- Zip
- 78734
- Subdivision
- Lakeway
- Legal Description
- LOT 1015 LAKEWAY SEC 9
- Parcel
- 01437802010000
Interior Features
- Floor
- Carpet, Stone, Wood
- Num Living
- 1
- Dining
- 1
- Kitchen
- Breakfast Bar, Granite Counters, Eat-in Kitchen, Kitchen Island, Pantry
- Appliances
- See Remarks, Built-In Electric Oven, Built-In Refrigerator, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Gas Cooktop, Gas Range, Ice Maker, Microwave, Oven, Electric Oven, Gas Oven, Double Oven, Plumbed For Ice Maker, Range, RNGHD, Refrigerator, Stainless Steel Appliance(s), Trash Compactor, Vented Exhaust Fan, Electric Water Heater
- Laundry
- Inside, Laundry Room, Main Level
- Master Bed
- Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
- Master Main
- Yes
- Fireplaces
- 2
- Fireplace Description
- Living Room, Primary Bedroom, Raised Hearth, Wood Burning
- Interior Features
- See Remarks, Bar, Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Chandelier, Granite Counters, Double Vanity, Electric Dryer Hookup, Eat-in Kitchen, Entrance Foyer, French Doors, In-Law Floorplan, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Walk-In Closet(s), Washer Hookup, Wet Bar, Wired for Sound, Security Lights, Security System, Security System Owned, Smoke Detector(s), Double Pane Windows, Plantation Shutters, Screens, Shutters, Skylight(s), Window Coverings, Window Treatments
General Info
- Beds
- 5 Total / 1 Main Level / 4 Other Level
- Full / Half Baths
- 4 / 1
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 2
- Year Built
- 1982 / Updated/Remodeled
- Square Feet
- 4,172 / Appraiser
- Garages
- 2
- Garage Desc
- Additional Parking, Attached, Door-Multi, Driveway, Garage, Garage Door Opener, Garage Faces Side, Guest, Kitchen Level, Off Street, Parking Pad, Paved, Private
- Foundation
- Slab
- Roof
- Composition, Shingle
- Construction
- Masonry – Partial, Wood Siding, Stone, Stone Veneer
- Acres
- 0.60
- Lot Description
- See Remarks, Back Yard, Front Yard, Gentle Sloping, Landscaped, Native Plants, Near Golf Course, Public Maintained Road, Sloped Down, Sprinkler - Automatic, Sprinklers In Front, Sprinkler - In-ground, Sprinkler - Partial, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft), Views
- Restrictions
- City Restrictions, Deed Restrictions
- Flood Plain
- Yes-100 yr
- View
- Hill Country, Lake, Marina
- Water Access
- Yes
- Waterfront
- Yes
- Area
- LS
Utility Info
- Water
- Municipal Utility District (MUD)
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Propane, Sewer Connected, Water Connected
- Heat
- Central, Electric, Heat Pump
- A C
- Ceiling Fan(s), Central Air, Electric
Exterior Features
- Fence
- Front Yard, Wrought Iron
- Exterior Features
- Balcony, Boat Dock - Private, Boat Lift, Boat Slip, Exterior Steps, Gutters Full, Lighting, Private Entrance, Private Yard, Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Side Porch
- Pool On Property
- No
- Area Amenities
- General Aircraft Airport, Lake, Park, Suburban
Rooms
Main level
- Primary Bedroom
Wake up to beautiful Lake Travis views from the spacious primary suite, featuring rich hardwood floors, a vaulted ceiling, a cozy stone fireplace, and a private sitting area. The spa-like primary bath offers a jetted soaking tub, oversized walk-in shower, dual closets, dual vanities including a makeup vanity area, and skylights that fill the space with natural light, creating a peaceful retreat at the end of the day.
Ceiling Fan(s), GranCnt, Dual Vanity, Full Bath, High Ceilings, Jetted Tub, See Remarks, Separate Shower, Soaking Tub, Two Primary Closets, Vaulted Ceiling(s), Walk-In Closet(s), Walk-in Shower
- Kitchen
Designed for both everyday living and entertaining, the gourmet kitchen offers beautiful lake views, abundant cabinetry, expansive granite countertops, and a large center island perfect for gathering. Well-equipped with a built-in stainless-steel refrigerator, Viking gas range, dual ovens, Bosch dishwasher, built-in ice maker, and bar area, this spacious kitchen seamlessly connects to the living and dining areas while keeping Lake Travis as the backdrop.
Bar, BICMK, Breakfast Bar, Center Island, Chandelier, GranCnt, Dining Area, Gourmet Kitchen, Open to Family Room, Pantry, Plumbed for Icemaker, Recessed Lighting
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 28, 2026 | Price Decrease | $2,550,000−$245,000 (−8.8%) | −$245,000 (−8.8%) |
| Jun 18, 2026 | New Listing | — |
Taxes
Schools
School Info
- District
- Lake Travis ISD
- Elementary
- Serene Hills
- Middle
- Hudson Bend
- High
- Lake Travis
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$16,342 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $16,342
- Principal & interest
- $12,894
- Property taxes
- $1,323
- Homeowners insurance
- $2,125
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $2,040,000 | $22,802 | $131,929 | $2,017,198 | |
| 2 | $2,017,198 | $24,329 | $130,402 | $1,992,870 | |
| 3 | $1,992,870 | $25,958 | $128,772 | $1,966,912 | |
| 4 | $1,966,912 | $27,696 | $127,034 | $1,939,215 | |
| 5 | $1,939,215 | $29,551 | $125,179 | $1,909,664 | |
| 6 | $1,909,664 | $31,530 | $123,200 | $1,878,133 | |
| 7 | $1,878,133 | $33,642 | $121,088 | $1,844,491 | |
| 8 | $1,844,491 | $35,895 | $118,835 | $1,808,596 | |
| 9 | $1,808,596 | $38,299 | $116,431 | $1,770,297 | |
| 10 | $1,770,297 | $40,864 | $113,866 | $1,729,433 |
- Year 1$2,017,198
- Principal paid
- $22,802
- Interest paid
- $131,929
- Starting balance
- $2,040,000
- Year 2$1,992,870
- Principal paid
- $24,329
- Interest paid
- $130,402
- Starting balance
- $2,017,198
- Year 3$1,966,912
- Principal paid
- $25,958
- Interest paid
- $128,772
- Starting balance
- $1,992,870
- Year 4$1,939,215
- Principal paid
- $27,696
- Interest paid
- $127,034
- Starting balance
- $1,966,912
- Year 5$1,909,664
- Principal paid
- $29,551
- Interest paid
- $125,179
- Starting balance
- $1,939,215
- Year 6$1,878,133
- Principal paid
- $31,530
- Interest paid
- $123,200
- Starting balance
- $1,909,664
- Year 7$1,844,491
- Principal paid
- $33,642
- Interest paid
- $121,088
- Starting balance
- $1,878,133
- Year 8$1,808,596
- Principal paid
- $35,895
- Interest paid
- $118,835
- Starting balance
- $1,844,491
- Year 9$1,770,297
- Principal paid
- $38,299
- Interest paid
- $116,431
- Starting balance
- $1,808,596
- Year 10$1,729,433
- Principal paid
- $40,864
- Interest paid
- $113,866
- Starting balance
- $1,770,297
Nearby
Courtesy of Moreland Properties · (512) 480-0848
Listings courtesy of ACTRIS as distributed by MLS GRID.