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ActiveMLS #4568294

206 Phlox DR, Lakeway TX 78734

Lakeway, TX 78734 · Lakeway Sec 24-C

Single Family Residence for sale in Lakeway Sec 24-C

3Bedrooms
2 full / 1 halfBathrooms
2,232Square Ft
0.31Acres
2Garage
1994Year Built
Price Reduced
1 / 39
$699,000$725,000
3D tour

Overview

Property Description

PRICE IMPROVEMENT! Nestled on a quiet cul-de-sac beneath a canopy of majestic live oaks, this exceptional Lakeway retreat offers the perfect blend of privacy, comfort, and Hill Country charm. Thoughtfully updated and lovingly enhanced by owners who intended this to be their forever home, every space has been carefully maintained and improved for both everyday living and effortless entertaining. This single-story home features wood flooring, spacious living areas, abundant natural light, and an open-concept layout designed for today’s lifestyle. The updated kitchen is the heart of the home with granite countertops, subway tile backsplash, gas cooking, breakfast bar seating, and seamless flow into the dining and living spaces. The private owner’s suite is a true sanctuary with soaring ceilings, dual vanities, a deep soaking tub, separate shower, oversized walk-in closet, and direct access to a secluded courtyard—perfect for a hot tub, morning coffee, or peaceful evening retreat. Outdoor living shines with a large covered patio, expansive deck, and stunning wood-burning stone fireplace creating the ultimate setting for gathering with family and friends year-round. Situated on a generously sized lot with room for a pool, gardens, or additional outdoor amenities, the property offers both privacy and endless possibilities. Additional highlights include updated windows, updated fencing, propane for cooking and heating, an oversized two-car garage with abundant storage, and an extended driveway with ample parking. Ideally located within walking distance to Lakeway City Park, Lake Travis, Crosswater Marina, Hamilton Greenbelt trails, and scenic hiking and biking paths. Located in highly acclaimed Lake Travis ISD, this rare Lakeway gem offers the lifestyle buyers dream about—peaceful, private, and close to everything that makes Lakeway one of the most sought-after communities on Lake Travis.

Financial Info
Price
$699,000
$ / Sqft
$313
HOA
None
Tax Rate
2.036%
Est. Taxes
$4,873.69
Tax Year
2026
Exemptions
None
Legal Info
Address
206 Phlox DR
County
Travis
City
Lakeway
State
TX
Zip
78734
Subdivision
Lakeway Sec 24-C
Legal Description
LOT 3794 LAKEWAY SEC 24-C
Parcel
147770
Interior Features
Floor
Carpet, Tile, Wood
Num Living
2
Dining
2
Kitchen
Breakfast Bar, Granite Counters, Pantry
Appliances
Built-In Oven(s), Dishwasher, Disposal, Gas Cooktop, Microwave, Electric Oven
Laundry
Laundry Room, Main Level
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
2
Fireplace Description
Gas Log, Living Room, Outside, Propane, See Remarks
Interior Features
Bookcases, Breakfast Bar, Built-in Features, Chandelier, Granite Counters, Double Vanity, Entrance Foyer, French Doors, High Speed Internet, Multiple Dining Areas, Multiple Living Areas, Pantry, Primary Bedroom on Main, Walk-In Closet(s), Washer Hookup, None, Double Pane Windows, Plantation Shutters, Screens, Window Treatments
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1994 / Resale
Square Feet
2,232 / Public Records
Garages
2
Garage Desc
Attached, Door-Single, Driveway, Garage, Garage Door Opener, Garage Faces Side, Oversized
Foundation
Slab
Roof
Shingle
Construction
Wood Siding, Stone Veneer
Acres
0.31
Lot Description
Back Yard, Cul-De-Sac, Front Yard, Landscaped, Level, Sprinkler - Automatic, Trees-Large (Over 40 Ft)
Restrictions
Deed Restrictions
Flood Plain
No
View
None
Water Access
No
Waterfront
No
Area
LS
Utility Info
Water
Municipal Utility District (MUD)
Sewer
Municipal Utility District (MUD)
Utilities
Electricity Connected, Internet-Cable, Propane, Sewer Connected, Water Connected
Heat
Central, Propane
A C
Ceiling Fan(s), Central Air
Exterior Features
Fence
Back Yard, Full, Stone, Wood, Wrought Iron
Exterior Features
Exterior Steps, Gutters Partial, Covered, Rear Porch
Pool On Property
No
Area Amenities
Dog Park, Fishing, General Aircraft Airport, Golf, High Speed Internet, Lake, Library, On-Site Retail, Park, Pet Amenities, Picnic Area, Planned Social Activities, Playground, Restaurant, Sport Court(s)/Facility, Underground Utilities

Rooms

Rooms12 rooms

Main level

  • Dining Room

    Dining room to the left of the entrance open to the living room.

    Chandelier

  • Primary Bedroom

    Ceiling Fan(s), High Ceilings

  • Living Room

    Features beautiful hardwood floors, a gas fireplace with bookshelves on each side.

    Bookcases, Ceiling Fan(s), High Ceilings, Recessed Lighting

  • Family Room
  • Foyer
  • Bedroom

    Bedroom 2 and 3 feature a Jack and Jill.

    Ceiling Fan(s)

  • Primary Bathroom

    Dual Vanity, Full Bath, Separate Shower, Soaking Tub, Walk-In Closet(s), Walk-in Shower

  • Bedroom

    Bedroom 2 and 3 feature a Jack and Jill.

    Ceiling Fan(s)

  • Bathroom

    Guest bath near kitchen

    Half Bath

  • Kitchen

    Breakfast Bar, GranCnt, Open to Family Room, Pantry

  • Bathroom

    Full bath with tub and shower combo set up as a Jack and Jill between bedrooms 2 and 3.

    Full Bath, Shared Bath

  • Laundry

    Washer Hookup

Price history

Members only
Days on market
−$26,000 (−3.6%)
$725,000 → $699,000
1
Price reduction
Active
Since Sep 2, 2026
Price trend
List priceSep 2026Sep 2026
Property history2 events
DateEventPriceChange
Sep 18, 2026Price Decrease$699,000−$26,000 (−3.6%)
Sep 5, 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 $699,000
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

$4,524 / mo

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

Estimated monthly payment $4,524

Principal & interest
$3,535
Property taxes
$406
Homeowners insurance
$583

*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$559,200$6,250$36,164$552,950
2$552,950$6,669$35,745$546,281
3$546,281$7,116$35,299$539,165
4$539,165$7,592$34,822$531,573
5$531,573$8,101$34,314$523,473
6$523,473$8,643$33,771$514,830
7$514,830$9,222$33,192$505,608
8$505,608$9,840$32,575$495,768
9$495,768$10,498$31,916$485,270
10$485,270$11,202$31,213$474,068
  • Year 1$552,950
    Principal paid
    $6,250
    Interest paid
    $36,164
    Starting balance
    $559,200
  • Year 2$546,281
    Principal paid
    $6,669
    Interest paid
    $35,745
    Starting balance
    $552,950
  • Year 3$539,165
    Principal paid
    $7,116
    Interest paid
    $35,299
    Starting balance
    $546,281
  • Year 4$531,573
    Principal paid
    $7,592
    Interest paid
    $34,822
    Starting balance
    $539,165
  • Year 5$523,473
    Principal paid
    $8,101
    Interest paid
    $34,314
    Starting balance
    $531,573
  • Year 6$514,830
    Principal paid
    $8,643
    Interest paid
    $33,771
    Starting balance
    $523,473
  • Year 7$505,608
    Principal paid
    $9,222
    Interest paid
    $33,192
    Starting balance
    $514,830
  • Year 8$495,768
    Principal paid
    $9,840
    Interest paid
    $32,575
    Starting balance
    $505,608
  • Year 9$485,270
    Principal paid
    $10,498
    Interest paid
    $31,916
    Starting balance
    $495,768
  • Year 10$474,068
    Principal paid
    $11,202
    Interest paid
    $31,213
    Starting balance
    $485,270
First 10 of 30 years

Nearby

Courtesy of Christies Intl Real Estate Lone Star · (512) 270-8586

Listings courtesy of ACTRIS as distributed by MLS GRID.