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ActiveMLS #7563341

209 El Rio DR, Lakeway TX 78734

Lakeway, TX 78734 · Lakeway Sec 26

Single Family Residence for sale in Lakeway Sec 26

4Bedrooms
3Bathrooms
2,572Square Ft
0.31Acres
2Garage
1991Year Built
Price Reduced
1 / 39
$699,000$725,000

Overview

Property Description

Welcome to 209 El Rio Drive—a beautifully updated single-story home offering comfort, style, and convenience in the heart of Lakeway. With no HOA and low property taxes, this property presents an exceptional opportunity for homeowners seeking value and quality. Step inside to find a refreshed interior featuring brand-new flooring, modern fixtures, fresh paint throughout, and updated appliances—creating a move-in ready space with contemporary appeal. The open-concept layout ensures an effortless flow from room to room, ideal for both everyday living and entertaining. Enjoy outdoor living at its finest with a covered back porch, private fenced backyard, and a spa—perfect for unwinding or hosting guests in a peaceful, secluded setting. Located just a short walk from the Yaupon Golf Course and the scenic Hamilton Greenbelt, this home offers easy access to both recreation and nature. Families will appreciate the top-rated Lake Travis Independent School District, known for its excellence in education. Conveniently positioned just 34 minutes from downtown Austin and 10 minutes from the Hill Country Galleria in Bee Cave, you’ll also enjoy proximity to a wide array of restaurants, shops, and services along nearby Highway 620. Additional nearby amenities include four premier golf courses, public swimming pools, and a private airport—making this location as functional as it is desirable.

Financial Info
Price
$699,000
$ / Sqft
$272
HOA
None
Tax Rate
1.8185%
Est. Taxes
$10,656
Tax Year
2024
Exemptions
None
Legal Info
Address
209 El Rio DR
County
Travis
City
Lakeway
State
TX
Zip
78734
Subdivision
Lakeway Sec 26
Legal Description
Lot 2856 Lakeway Sec 26
Parcel
01397309100000
Interior Features
Floor
Marble, Tile, Wood
Num Living
2
Dining
2
Appliances
Built-In Oven(s), Dishwasher, Disposal, Microwave, Oven, Self Cleaning Oven
Laundry
Laundry Room, Main Level
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Family Room
Interior Features
High Ceilings, Multiple Dining Areas, Multiple Living Areas, Primary Bedroom on Main, Walk-In Closet(s), Prewired, Smoke Detector(s), Skylight(s), Window Treatments
General Info
Beds
4 Total / 4 Main Level
Full / Half Baths
3 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1991 / Resale
Square Feet
2,572 / Public Records
Garages
2
Garage Desc
Attached, Door-Single
Foundation
Slab
Roof
Tile
Construction
Brick Veneer, Masonry – Partial
Acres
0.31
Lot Description
Level, Near Golf Course, Sprinkler - Automatic, Sprinkler - Back Yard, Sprinklers In Front, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
Restrictions
None
Flood Plain
No
View
Golf Course
Water Access
No
Waterfront
No
Area
LS
Utility Info
Water
Municipal Utility District (MUD)
Sewer
Municipal Utility District (MUD)
Utilities
Electricity Available
Heat
Central
A C
Central Air
Exterior Features
Fence
Privacy
Exterior Features
Exterior Steps, Private Yard, Deck, Patio
Pool On Property
No
Area Amenities
Golf, Park

Price history

Members only
Days on market
−$26,000 (−3.6%)
$725,000 → $699,000
1
Price reduction
Active
Since Apr 28, 2026
Price trend
List priceApr 2026Aug 2026
Property history2 events
DateEventPriceChange
Aug 7, 2026Price Decrease$699,000−$26,000 (−3.6%)
Apr 28, 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

$5,006 / mo

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

Estimated monthly payment $5,006

Principal & interest
$3,535
Property taxes
$888
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 DEN Property Group · (512) 222-3364

Listings courtesy of ACTRIS as distributed by MLS GRID.