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$889,000 - 123 Top O The Lake Drive, Lakeway

4
Bedrooms
3
Baths
2,701
SQ. Feet
0.7
Acres

Rare opportunity in Old Lakeway on a .7-acre creek-side lot. Nestled on a quiet, tree-lined street with rolling hills, this property offers both privacy and convenience. Enjoy picturesque hillside views from multiple decks, creating a true treehouse-like setting with a bird’s-eye perspective. The expansive backyard backs to a year-round creek—ideal for canoeing, relaxing, or enjoying the natural setting—with ample space for a future pool and garden. The home has been fully remodeled with approximately $200K in improvements (see MLS documents for details), while still offering potential to expand, including adding square footage or a custom wine room. Located just minutes from RR 620 with easy access to Lakeway amenities, and walkable to the new Square at Lakeway development and The Oaks, HEB, Torchy’s Tacos, and High Five. A unique combination of space, location, and lifestyle in one of Lakeway’s most established neighborhoods

Essential Information

  • MLS® #:
    5398572
  • Price:
    $889,000
  • Bedrooms:
    4
  • Bathrooms:
    3.00
  • Full Baths:
    2
  • Half Baths:
    1
  • Square Footage:
    2,701
  • Acres:
    0.70
  • Year Built:
    1989
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Status:
    Active Under Contract

Community Information

  • Address:
    123 Top O The Lake Drive
  • Subdivision:
    Lakeway Sec 22-C
  • City:
    Lakeway
  • County:
    Travis
  • State:
    TX
  • Zip Code:
    78734

Amenities

  • Utilities:
    Electricity Connected, Propane, Other, Sewer Connected, Water Connected
  • Features:
    Dog Park, Fishing, Golf, Lake, Library, Playground, Park, Pool, Trails/Paths, Airport/Runway
  • Parking:
    Attached, Driveway, Garage Faces Front, Garage, Garage Door Opener
  • # of Garages:
    2
  • Garages:
    Garage Door Opener
  • View:
    Park/Greenbelt, Hills, Neighborhood, Panoramic, Trees/Woods, Pond
  • Waterfront:
    Pond

Interior

  • Interior:
    Tile, Wood
  • Appliances:
    Built-In Electric Oven, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Propane Cooktop, Range
  • Heating:
    Central, Electric
  • Fireplace:
    Yes
  • # of Fireplaces:
    1
  • Fireplaces:
    Living Room, Wood Burning
  • # of Stories:
    2
  • Stories:
    Two

Exterior

  • Exterior Features:
    Exterior Steps, Lighting
  • Lot Description:
    Back Yard, Trees Large Size, Views, Gentle Sloping
  • Roof:
    Metal
  • Construction:
    Masonry
  • Foundation:
    Pillar/Post/Pier

School Information

  • District:
    Lake Travis ISD
  • Elementary:
    Lakeway
  • Middle:
    Hudson Bend
  • High:
    Lake Travis

Property Listed by: Compass Re Texas, Llc

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 20th, 2026 at 8:45pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.