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Active Under ContractMLS #5492463

501 Flamingo BLVD, Lakeway TX 78734

Lakeway, TX 78734 · Lakeway Sec 11

Single Family Residence for sale in Lakeway Sec 11

3Bedrooms
3Bathrooms
2,963Square Ft
0.47Acres
2Garage
2003Year Built
1 / 38
$675,000$695,000

Overview

Property Description

Beautiful corner lot has great privacy and is close to golf course and Lakeway air strip. Open floorplan has great flow for everyday living and entertaining. Formal dining room and open sitting area or study flank front entry. Large main living area separates kitchen/breakfast areas from bedrooms. Private primary suite with sitting area overlooking back yard is accessed off the rear of the living area. Two secondary bedrooms and a shared bath are at the front of the house on the right side. Stairs to spacious game room is tucked away in hallway to secondary bedrooms. The third full bath is located off the game room, making this a great space for the occasional guest. Recent improvements include new wood flooring downstairs and carpet upstairs. All 3 full baths have new cabinetry, quartz countertops, tile shower and tub surrounds, sinks and plumbing fixtures. Both garage doors are new. Light fixtures and ceiling fans are new. Interior has fresh paint. Roofing materials recently checked and minor repairs were made. Miscellaneous exterior repairs and paint touch-up were also done. Property is an estate sale. Probate is completed and title has been opened and verified by Independence Title in Lakeway. Seller has found and will provide documentation for engineered septic, survey and disclosures pertaining to recent improvements. Property has not been occupied since just prior to owner's death. Call agent with questions or clarification.

Financial Info
Price
$675,000
$ / Sqft
$228
HOA
None
Tax Rate
1.7654%
Est. Taxes
$14,323.14
Tax Year
2024
Exemptions
None
Legal Info
Address
501 Flamingo BLVD
County
Travis
City
Lakeway
State
TX
Zip
78734
Subdivision
Lakeway Sec 11
Legal Description
LOT 293-A LAKEWAY SEC 11
Parcel
01418013090000
Interior Features
Floor
Carpet, Tile, Wood
Num Living
3
Dining
2
Kitchen
Granite Counters, Kitchen Island
Appliances
Built-In Electric Oven, Cooktop, Dishwasher, Disposal
Laundry
Laundry Room, Main Level
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Gas Log
Interior Features
Ceiling Fan(s), High Ceilings, Granite Counters, Quartz Counters, Double Vanity, Electric Dryer Hookup, Gas Dryer Hookup, In-Law Floorplan, Kitchen Island, Low Flow Plumbing Fixtures, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s), Washer Hookup, Smoke Detector(s), Double Pane Windows, Plantation Shutters
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
3 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
2003 / Resale
Square Feet
2,963 / Public Records
Garages
2
Garage Desc
Attached, Driveway, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level
Foundation
Slab
Roof
Composition
Construction
HardiPlank Type, Blown-In Insulation, Masonry – All Sides, Stone
Acres
0.47
Lot Description
Back Yard, Close to Clubhouse, Corner Lot, Front Yard, Irregular Lot, Landscaped, Native Plants, Near Golf Course, Sloped Down, Sprinkler - Automatic, Sprinkler - In-ground, Many Trees, Trees-Medium (20 Ft - 40 Ft)
Restrictions
City Restrictions
Flood Plain
No
View
Neighborhood
Water Access
No
Waterfront
No
Area
LS
Utility Info
Water
Municipal Utility District (MUD)
Sewer
Engineered Septic
Utilities
Electricity Connected, Propane, Water Connected
Heat
Central, Fireplace(s), Propane, Zoned
A C
Ceiling Fan(s), Central Air, Electric, Exhaust Fan, Zoned
Exterior Features
Fence
Back Yard, Wrought Iron
Exterior Features
Exterior Steps, Gutters Partial, Front Porch
Pool On Property
No
Area Amenities
Airport/Runway, Golf, Park, Picnic Area, Tennis Court(s)

Price history

Members only
Days on market
−$20,000 (−2.9%)
$695,000 → $675,000
1
Price reduction
Active Under Contract
Since Jul 4, 2026
Price trend
List priceJul 2026Aug 2026
Property history3 events
DateEventPriceChange
Aug 20, 2026Active Under Contract
Aug 15, 2026Price Decrease$675,000−$20,000 (−2.9%)
Jul 4, 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 $675,000
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

$5,170 / mo

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

Estimated monthly payment $5,170

Principal & interest
$3,413
Property taxes
$1,194
Homeowners insurance
$563

*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$540,000$6,036$34,922$533,964
2$533,964$6,440$34,518$527,524
3$527,524$6,871$34,087$520,653
4$520,653$7,331$33,627$513,322
5$513,322$7,822$33,136$505,499
6$505,499$8,346$32,612$497,153
7$497,153$8,905$32,053$488,248
8$488,248$9,502$31,456$478,746
9$478,746$10,138$30,820$468,608
10$468,608$10,817$30,141$457,791
  • Year 1$533,964
    Principal paid
    $6,036
    Interest paid
    $34,922
    Starting balance
    $540,000
  • Year 2$527,524
    Principal paid
    $6,440
    Interest paid
    $34,518
    Starting balance
    $533,964
  • Year 3$520,653
    Principal paid
    $6,871
    Interest paid
    $34,087
    Starting balance
    $527,524
  • Year 4$513,322
    Principal paid
    $7,331
    Interest paid
    $33,627
    Starting balance
    $520,653
  • Year 5$505,499
    Principal paid
    $7,822
    Interest paid
    $33,136
    Starting balance
    $513,322
  • Year 6$497,153
    Principal paid
    $8,346
    Interest paid
    $32,612
    Starting balance
    $505,499
  • Year 7$488,248
    Principal paid
    $8,905
    Interest paid
    $32,053
    Starting balance
    $497,153
  • Year 8$478,746
    Principal paid
    $9,502
    Interest paid
    $31,456
    Starting balance
    $488,248
  • Year 9$468,608
    Principal paid
    $10,138
    Interest paid
    $30,820
    Starting balance
    $478,746
  • Year 10$457,791
    Principal paid
    $10,817
    Interest paid
    $30,141
    Starting balance
    $468,608
First 10 of 30 years

Nearby

Courtesy of Easter and Easter, REALTORS · (512) 487-1999

Listings courtesy of ACTRIS as distributed by MLS GRID.