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ActiveMLS #2901028

109 Schooner DR, Lakeway TX 78738

Lakeway, TX 78738 · Lakeway

Single Family Residence for sale in Lakeway

3Bedrooms
2Bathrooms
2,025Square Ft
0.31Acres
2Garage
1988Year Built
1 / 39
$619,000
3D tour

Overview

Property Description

Single-story living in old Lakeway, set on a level 0.31-acre homesite with no neighbors directly behind and generous space between homes — a combination that is increasingly hard to find this close to Lake Travis. Positioned on a quiet street near the World of Tennis, the Lakeway golf clubs, and Serene Hills Elementary, 109 Schooner Drive pairs an established, low-density neighborhood with the room to make a home your own. A covered front porch with cedar posts and Austin stone sets the tone, opening to a cathedral ceiling that lifts the main living area, where a floor-to-ceiling white stone, wood-burning fireplace sits framed by tall arched windows, a built-in dry bar makes entertaining easy, and new wood-look luxury vinyl plank flooring runs throughout. The open island kitchen offers tile counters, a downdraft electric cooktop, a built-in oven and microwave, a stainless steel refrigerator, and an eat-in space that connects to both the dining room and a second living area — two distinct places to gather. The main-level primary suite carries a tray ceiling, private patio access, a walk-in closet, and a granite double-vanity bath with a separate shower and soaking tub. Two additional bedrooms and a versatile flex space round out a 3-bedroom, 2-bath layout that lives large, and fresh paint, new carpet, and updated lighting have the home ready today. Outside is where the lot earns its keep: a wide, level backyard edged by mature oaks and stone retaining walls, a covered patio and a wood deck for unhurried Hill Country evenings, and enough open ground to add a future pool, sport court, or pickleball court. A durable metal roof, public sewer connection, a low 1.85 tax rate, and no HOA make ownership refreshingly simple. All of it falls within Lake Travis ISD, minutes from the marinas, waterfront dining, and lake recreation that define everyday life on Lake Travis. Schedule a private showing to walk the lot and see what single-story living in Lakeway can be.

Financial Info
Price
$619,000
$ / Sqft
$306
HOA
None
Tax Rate
1.8467%
Est. Taxes
$13,369
Tax Year
2026
Exemptions
None
Legal Info
Address
109 Schooner DR
County
Travis
City
Lakeway
State
TX
Zip
78738
Subdivision
Lakeway
Legal Description
LOT 2589 LAKEWAY SEC 23
Parcel
01378006040000
Interior Features
Floor
Carpet, Tile, Vinyl
Num Living
2
Dining
1
Kitchen
Granite Counters, Eat-in Kitchen
Appliances
Built-In Electric Oven, Dishwasher, Disposal, Down Draft, Electric Cooktop, Microwave, Free-Standing Refrigerator, Electric Water Heater
Laundry
Inside, Main Level
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Living Room, Masonry, Stone, Wood Burning
Interior Features
Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Tray Ceiling(s), Chandelier, Granite Counters, Tile Counters, Double Vanity, Electric Dryer Hookup, Eat-in Kitchen, High Speed Internet, Multiple Living Areas, Open Floorplan, Primary Bedroom on Main, Walk-In Closet(s), Washer Hookup, Wired for Data, None, Blinds, Double Pane Windows
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1988 / Resale
Square Feet
2,025 / Appraiser
Garages
2
Garage Desc
Aggregate, Attached, Door-Single, Driveway, Garage, Garage Door Opener, Garage Faces Side, Inside Entrance, Kitchen Level, Oversized
Foundation
Slab
Roof
Metal
Construction
Cedar, Concrete, Frame, Glass, Attic/Crawl Hatchway(s) Insulated, Wood Siding, Stone
Acres
0.31
Lot Description
Back Yard, Close to Clubhouse, Front Yard, Interior Lot, Landscaped, Level, Near Golf Course, Sprinkler - Automatic, Trees-Moderate
Restrictions
City Restrictions, Deed Restrictions, Zoning
Flood Plain
No
View
Hill Country
Water Access
No
Waterfront
No
Area
LS
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Connected, Electricity Connected, Internet-Cable, Natural Gas Not Available, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Heat
Central, Electric
A C
Central Air, Electric
Exterior Features
Fence
Fenced, Partial, Perimeter
Exterior Features
Private Yard, Covered, Front Porch, Patio, Rear Porch
Pool On Property
No
Area Amenities
Airport/Runway, Dog Park, Golf, Lake, Park, Pet Amenities, Picnic Area, Tennis Court(s)

Price history

Members only
Days on market
$619,000
List price
0
Price reductions
Active
Since Jul 31, 2026
Property history1 event
DateEventPriceChange
Jul 31, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

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 $619,000
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

$4,760 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $4,760

Principal & interest
$3,130
Property taxes
$1,114
Homeowners insurance
$516

*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$495,200$5,535$32,025$489,665
2$489,665$5,906$31,654$483,759
3$483,759$6,301$31,259$477,458
4$477,458$6,723$30,837$470,735
5$470,735$7,173$30,387$463,562
6$463,562$7,654$29,906$455,908
7$455,908$8,166$29,394$447,741
8$447,741$8,713$28,847$439,028
9$439,028$9,297$28,263$429,731
10$429,731$9,920$27,640$419,811
  • Year 1$489,665
    Principal paid
    $5,535
    Interest paid
    $32,025
    Starting balance
    $495,200
  • Year 2$483,759
    Principal paid
    $5,906
    Interest paid
    $31,654
    Starting balance
    $489,665
  • Year 3$477,458
    Principal paid
    $6,301
    Interest paid
    $31,259
    Starting balance
    $483,759
  • Year 4$470,735
    Principal paid
    $6,723
    Interest paid
    $30,837
    Starting balance
    $477,458
  • Year 5$463,562
    Principal paid
    $7,173
    Interest paid
    $30,387
    Starting balance
    $470,735
  • Year 6$455,908
    Principal paid
    $7,654
    Interest paid
    $29,906
    Starting balance
    $463,562
  • Year 7$447,741
    Principal paid
    $8,166
    Interest paid
    $29,394
    Starting balance
    $455,908
  • Year 8$439,028
    Principal paid
    $8,713
    Interest paid
    $28,847
    Starting balance
    $447,741
  • Year 9$429,731
    Principal paid
    $9,297
    Interest paid
    $28,263
    Starting balance
    $439,028
  • Year 10$419,811
    Principal paid
    $9,920
    Interest paid
    $27,640
    Starting balance
    $429,731
First 10 of 30 years

Nearby

Courtesy of eXp Realty, LLC · (888) 519-7431

Listings courtesy of ACTRIS as distributed by MLS GRID.