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Active Under ContractMLS #6196779

304 Palos Verdes DR, Lakeway TX 78734

Lakeway, TX 78734 · Lakeway Sec 27

Single Family Residence for sale in Lakeway Sec 27

3Bedrooms
2 full / 1 halfBathrooms
2,575Square Ft
0.35Acres
3Garage
1985Year Built
1 / 40
$599,000$775,000
3D tour

Overview

Property Description

APPROVED SHORT SALE! Excellent opportunity to own this Lakeway home at an exceptional value. Fantastic home nestled within a resort-style community along one of Old Lakeway’s most scenic, tree-lined streets, this move-in ready and architecturally distinctive property offers a rare opportunity to embrace the coveted Lakeway lifestyle. Set on a private 1/3-acre lot near the Hamilton Greenbelt and just minutes from Lake Travis, you’ll enjoy access to marinas, golf courses, hiking and biking trails, and local dining—all within the highly sought-after Lake Travis school district. Designed to stand out, the home features a grand front entrance, soaring ceilings, multiple skylights, and expansive newer windows and sliding doors that flood the space with natural light, while newly installed LVP flooring enhances its modern, move-in ready appeal. The flexible floor plan is an entertainer’s delight with multiple living areas, including a versatile media or game room—perfect for movie nights and everyday family connection. Spacious decks and seamless indoor-outdoor living create multiple areas for year-round entertaining or relaxing in a peaceful Hill Country setting. The *gourmet kitchen* is thoughtfully updated with quartz countertops, a Thermador induction cooktop, high-end stainless steel appliances, and modern cabinetry, opening to the main living and dining areas. It serves as both a stylish culinary space and the heart of the home—ideal for casual meals, conversation, and even a place to gather for homework. The private primary suite offers a true retreat with a spa-like walk-in shower and refined finishes. Additional highlights include a RARE 3-car garage, new HVAC systems (2025), a durable 30+ year roof (2017), plumbed central vacuum system, low-maintenance landscaping, two fig trees, and space to create your own outdoor oasis + Google Fiber! This is a rare opportunity to own a truly distinctive home that combines architectural character and modern updates.

Financial Info
Price
$599,000
$ / Sqft
$233
HOA
None
Tax Rate
1.818514%
Est. Taxes
$10,438
Tax Year
2025
Exemptions
None
Legal Info
Address
304 Palos Verdes DR
County
Travis
City
Lakeway
State
TX
Zip
78734
Subdivision
Lakeway Sec 27
Legal Description
LOT 2974 LAKEWAY SEC 27
Parcel
01417302080000
Interior Features
Floor
Carpet, Tile, Vinyl
Num Living
2
Dining
2
Kitchen
Breakfast Bar, Eat-in Kitchen, Kitchen Island
Appliances
Bar Fridge, Built-In Electric Oven, Cooktop, Dishwasher, Disposal, Induction Cooktop, Microwave, Oven, Washer/Dryer
Laundry
Inside, Laundry Room, Upper Level
Master Bed
Double Vanity, Walk-In Closet(s)
Master Main
No
Fireplaces
1
Fireplace Description
Living Room, Wood Burning
Interior Features
Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Chandelier, Quartz Counters, Double Vanity, Eat-in Kitchen, Entrance Foyer, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Sound System, Storage, Walk-In Closet(s), Fire Alarm, Blinds, Skylight(s), Vinyl Windows
General Info
Beds
3 Total / 3 Other Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
1985 / Updated/Remodeled
Square Feet
2,575 / Public Records
Garages
3
Garage Desc
Driveway, Garage, Garage Door Opener, Garage Faces Front
Foundation
Slab
Roof
Membrane
Construction
Stucco
Acres
0.35
Lot Description
Back Yard, Front Yard, Landscaped, Near Golf Course, Xeriscape
Restrictions
City 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
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Heat
Central, Fireplace(s)
A C
Ceiling Fan(s), Central Air
Exterior Features
Fence
Back Yard, Fenced, Wood
Exterior Features
Private Yard, Deck, Front Porch
Pool On Property
No
Area Amenities
Clubhouse, General Aircraft Airport, Golf, Lake, Library, Park, Pool, Sport Court(s)/Facility, Tennis Court(s)

Price history

Days on market
−$176,000 (−22.7%)
$775,000 → $599,000
9
Price reductions
Active Under Contract
Since Oct 16, 2026
Price trend
List priceDec 2025 → Sep 2026
Property history16 events
DateEventPriceChange
Oct 16, 2026Active Under Contract
Sep 30, 2026Back On Market
Sep 30, 2026Price Increase$599,000+$64,000 (+12%)
Jun 16, 2026Active Under Contract
Jun 3, 2026Price Decrease$535,000−$50,000 (−8.5%)
May 13, 2026Price Decrease$585,000−$115,000 (−16.4%)
Mar 28, 2026Price Decrease$700,000−$19,000 (−2.6%)
Mar 17, 2026Price Decrease$719,000−$5,000 (−0.7%)
Mar 2, 2026Price Decrease$724,000−$1,000 (−0.1%)
Feb 17, 2026Price Decrease$725,000−$14,000 (−1.9%)
Feb 11, 2026Price Decrease$739,000−$11,000 (−1.5%)
Feb 5, 2026Price Decrease$750,000−$10,000 (−1.3%)
Jan 30, 2026Back On Market
Jan 26, 2026Active Under Contract
Jan 12, 2026Price Decrease$760,000−$15,000 (−1.9%)
Dec 4, 2025New Listing

Taxes

2026 Estimated Property Taxes

TCAD account 139886

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$730,053$1,238.46
LAKE TRAVIS ISD1.039700$730,053$7,590.36
LAKEWAY MUD0.053100$730,053$387.66
TRAVIS CO ESD NO 60.090399$730,053$659.96
TRAVIS COUNTY0.375845$730,053$2,743.87
TRAVIS COUNTY HEALTHCARE DISTRICT0.118023$730,053$861.63
Ordinary property tax estimate1.846707$13,481.94

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
TERIYAKI TURQUOISE REVOCABLE LIVING
Legal
LOT 2974 LAKEWAY SEC 27
Geo ID
prop:139886
Acreage
0.35
Exemptions
Exemption Type
None on record
Tax Summary
MLS estimated annual taxes
$10,438
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$717,6961.846707$13,253.75
2024—1.818514$6,493.82
2023—1.759647$5,566.05
2022—1.907823$6,039.37
2021—2.035979$6,051.35
2020—2.176065$5,852.77

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.

Travis Central Appraisal District News

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 $599,000
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

$4,398 / mo

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

Estimated monthly payment $4,398

Principal & interest
$3,029
Property taxes
$870
Homeowners insurance
$499

*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$479,200$5,356$30,990$473,844
2$473,844$5,715$30,632$468,129
3$468,129$6,098$30,249$462,031
4$462,031$6,506$29,840$455,525
5$455,525$6,942$29,405$448,584
6$448,584$7,407$28,940$441,177
7$441,177$7,903$28,444$433,275
8$433,275$8,432$27,915$424,843
9$424,843$8,997$27,350$415,846
10$415,846$9,599$26,747$406,247
  • Year 1$473,844
    Principal paid
    $5,356
    Interest paid
    $30,990
    Starting balance
    $479,200
  • Year 2$468,129
    Principal paid
    $5,715
    Interest paid
    $30,632
    Starting balance
    $473,844
  • Year 3$462,031
    Principal paid
    $6,098
    Interest paid
    $30,249
    Starting balance
    $468,129
  • Year 4$455,525
    Principal paid
    $6,506
    Interest paid
    $29,840
    Starting balance
    $462,031
  • Year 5$448,584
    Principal paid
    $6,942
    Interest paid
    $29,405
    Starting balance
    $455,525
  • Year 6$441,177
    Principal paid
    $7,407
    Interest paid
    $28,940
    Starting balance
    $448,584
  • Year 7$433,275
    Principal paid
    $7,903
    Interest paid
    $28,444
    Starting balance
    $441,177
  • Year 8$424,843
    Principal paid
    $8,432
    Interest paid
    $27,915
    Starting balance
    $433,275
  • Year 9$415,846
    Principal paid
    $8,997
    Interest paid
    $27,350
    Starting balance
    $424,843
  • Year 10$406,247
    Principal paid
    $9,599
    Interest paid
    $26,747
    Starting balance
    $415,846
First 10 of 30 years

Nearby

Courtesy of Coldwell Banker Realty · (512) 263-5655

Listings courtesy of ACTRIS as distributed by MLS GRID.