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$689,000 - 550 Peterson Lane, Lakeway

4
Bedrooms
3
Baths
2,665
SQ. Feet
0.5
Acres

Huge lot with pool in the heart of Lakeway! This beautifully maintained single-story home offers an open, airy floor plan filled with natural light and generous living space throughout. The interior features granite countertops, upgraded cabinetry, appliances, fixtures, and more, creating a clean and move-in-ready feel. Step outside to a spacious backyard retreat complete with a sparkling pool, ideal for entertaining or relaxing in total privacy. Major system updates provide peace of mind, including roof replacement, water heater, pool resurfacing, and consistent mechanical maintenance. Additional enhancements such as updated fencing, irrigation system upgrades, lighting, and recent pool equipment further elevate the home’s functionality and appeal. Residents enjoy access to a private neighborhood waterfront park on Lake Travis featuring a swim dock, boat ramp, and more—an incredible lifestyle perk. Located within highly acclaimed Lake Travis ISD and just minutes from shopping, dining, and everyday conveniences. This is a rare opportunity to own a well-updated home with space, amenities, and location all in one—must see!

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Essential Information

  • MLS® #:
    8556286
  • Price:
    $689,000
  • Bedrooms:
    4
  • Bathrooms:
    3.00
  • Full Baths:
    2
  • Half Baths:
    1
  • Square Footage:
    2,665
  • Acres:
    0.50
  • Year Built:
    1991
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Status:
    Active Under Contract

Community Information

  • Address:
    550 Peterson Lane
  • Subdivision:
    Lohmans Crossing Estates Sec 03
  • City:
    Lakeway
  • County:
    Travis
  • State:
    TX
  • Zip Code:
    78734

Amenities

  • Utilities:
    Electricity Available
  • Features:
    Common Grounds/Area, Golf, Pool, Sidewalks, Tennis Court(s), Lake
  • Parking:
    Attached, Garage, Garage Door Opener
  • # of Garages:
    2
  • Garages:
    Garage Door Opener
  • View:
    None
  • Waterfront:
    Lake Privileges
  • Has Pool:
    Yes

Interior

  • Interior:
    Carpet, Tile
  • Appliances:
    See Remarks
  • Heating:
    Central
  • Fireplace:
    Yes
  • # of Fireplaces:
    1
  • Fireplaces:
    Family Room
  • # of Stories:
    1
  • Stories:
    One

Exterior

  • Exterior Features:
    Private Yard
  • Lot Description:
    Corner Lot, Trees Medium Size
  • Roof:
    Composition
  • Construction:
    Brick Veneer
  • Foundation:
    Slab

School Information

  • District:
    Lake Travis ISD
  • Elementary:
    Lake Travis
  • 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 26th, 2026 at 4:00am 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.

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