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Active Under ContractMLS #5859832

1005 Challenger, Lakeway TX 78734

Lakeway, TX 78734 · Lakeway

Single Family Residence for sale in Lakeway

5Bedrooms
4 full / 1 halfBathrooms
4,172Square Ft
0.60Acres
2Garage
1982Year Built
1 / 40
$2,550,000$2,795,000
3D tour

Overview

Property Description

Celebrate the holidays & begin a new chapter at 1005 Challenger, a thoughtfully updated & expanded Lake Travis waterfront home offering spectacular views, a flexible floor plan, direct water access, a private tram & a 2022-built covered boat dock. With Lake Travis full, enjoy family gatherings + holiday traditions overlooking the water. Watch the kids & grandkids fish from your private dock, enjoy nearby golf or a lake cruise, and spend mild Texas winter afternoons grilling outdoors before gathering around one of the fireplaces for cozy evenings. From holiday celebrations to summer days on the lake, this is a home to enjoy year-round. Offering 5 bedrooms, 4.5 baths, & space for full-time living or weekend escapes, this home is just 8 minutes from Lakeway & FM 620. Walls of windows frame expansive lake views, while the open-concept living room with a fireplace opens to a covered balcony, perfect for morning coffee, sunset dinners & entertaining. Take the upgraded private tram or stone and steel steps to your covered dock, complete with a HydroHoist boat lift, boat slip, storage closet, and generous space for lake activities. Its location along a no-wake area offers a relaxed waterfront setting. The lake-view gourmet kitchen features a statement granite island, built-in stainless-steel refrigerator, Viking gas range, dual ovens, Bosch dishwasher, and bar with ice maker, sink, and storage drawer for spirits. The primary suite offers beautiful lake views, hardwood floors, a fireplace, jetted tub, separate shower, and dual walk-in closets. Comfortable main-level living is complemented by 4 additional lower-level bedrooms, including an oversized en-suite room with built-in shelving, ideal as an office or game room. An oversized two-car garage & abundant parking make hosting family and friends easy. With its private waterfront amenities, beautiful lake views, and versatile living spaces, 1005 Challenger offers an exceptional opportunity to enjoy the Lake Travis lifestyle.

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

Rooms2 rooms

Main level

  • 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

  • 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

Price history

Days on market
−$245,000 (−8.8%)
$2,795,000 → $2,550,000
1
Price reduction
Active Under Contract
Since Nov 3, 2026
Price trend
List priceJun 2026 → Aug 2026
Property history3 events
DateEventPriceChange
Nov 3, 2026Active Under Contract
Aug 28, 2026Price Decrease$2,550,000−$245,000 (−8.8%)
Jun 18, 2026New Listing

Taxes

2026 Estimated Property Taxes

TCAD account 144380

Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.

2026 taxing entities, rates per $100, taxable values and estimated taxes
Taxing EntityRate per $100Taxable ValueEstimated Tax
CITY OF LAKEWAY0.169640$1,629,085$2,763.58
LAKE TRAVIS ISDTax ceiling applied1.039700$1,143,268$6,647.08
TRAVIS CO ESD NO 60.090399$1,679,085$1,517.88
TRAVIS COUNTY0.375845$1,197,999$4,502.62
TRAVIS COUNTY HEALTHCARE DISTRICT0.118023$1,146,268$1,352.86
Ordinary property tax estimate1.793607$16,784.02

Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.

Source: Travis County

General Information
Owner
POUNDS CHARLOTTE B
Legal
LOT 1015 LAKEWAY SEC 9
Geo ID
prop:144380
Acreage
0.60
Exemptions
Exemption Type
Homestead, Over 65
Tax Summary
MLS estimated annual taxes
$15,875
MLS tax year
2025
Historical Tax Summary

Annual taxes billed are the Tax Imposed amounts reported in the latest available Travis Tax Office statement. Exemptions and tax ceilings may prevent combined rate × taxable value from equaling the billed amount. Other collectors or assessments may not be included.

YearAppraised ValueCombined Rate per $100Annual Taxes Billed
2025$1,857,2561.793607$15,875.06
2024—1.765414$15,690.77
2023—1.706547$14,404.83
2022—1.844723$15,637.29
2021—1.953779$15,903.56
2020—2.073065$14,531.68

Source: Travis County

Combined rates exclude PID placeholder rates. Historical amounts reflect the statement’s snapshot and may change after later corrections; they do not describe payment status. Appraisal values come from the legacy CAD source.

Source: Travis County

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

List price $2,550,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

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.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal 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
First 10 of 30 years

Nearby

Courtesy of Moreland Properties · (512) 480-0848

Listings courtesy of ACTRIS as distributed by MLS GRID.