Lake Austin Real Estate

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Located just west of Downtown and home to some of the most stunning luxury real estate in the area, Lake Austin embodies just about everything we love about Texas’ one-of-a-kind capital city. With its narrow shape and constant water levels, this body of water offers the perks of both a lake and a river, offering sweeping views, towering limestone cliffs, and plenty of opportunities for boating, fishing, kayaking, and paddleboarding. Due to the narrow shape of the lake, there is plenty of shoreline to explore. The surface area is 1,599 acres and the maximum depth is 75 feet. The water is notably clean. From Tarrytown's beloved historic homes and neighborhood businesses to Steiner Ranch's resort-style amenities and West Lake Hills' iconic tree-lined roads, every bit of Lake Austin’s shoreline is peppered with character and charm. Due to the wide variety of home styles and sizes, waterfront properties can range anywhere from $900K to over $9 Million.

Real Estate Statistics
Total Listings 16
Average Price $5,321,750
Highest Price $15,500,000
Lowest Price $1,590,000

Lake Austin

16 Properties Found. Page 1 of 2.
Homes for Sale on Lake Austin in Austin, TX

3901 Island Knoll Dr, Austin

$15,500,000 - 5 Beds, 5.3 Baths, 8,769 Sf

MLS® # 1376194

Lake Austin Homes for Sale located at 4200 Waters Edge Cv, in the city of Austin, TX 78731

4200 Waters Edge Cv, Austin

$6,998,000 - 6 Beds, 6.3 Baths, 7,369 Sf

MLS® # 2727902

Single-Family Real Estate for Sale located in the neighborhood of None, on Lake Austin in the city of Austin, TX
New Listing

1855 Westlake Dr, Austin

$6,500,000 - 4 Beds, 4.0 Baths, 5,616 Sf

MLS® # 5541229

Lake Austin Real Estate - MLS # 5790503, Single-Family real estate for Sale in Aqua Verde, MLS Listings # 5790503

4402 Aqua Verde Dr, Austin

$6,000,000 - 5 Beds, 5.0 Baths, 5,088 Sf

MLS® # 5790503

MLS #4737572 for Sale at 1614 Bruton Springs Rd, on Lake Austin in the city of Austin, 78733

1614 Bruton Springs Rd, Austin

$5,700,000 - 5 Beds, 4.1 Baths, 5,108 Sf

MLS® # 4737572

Austin Homes for Sale on Lake Austin in the Zipcode of 78731

4303 Island Avenue, Austin

$5,300,000 - 6 Beds, 6.1 Baths, 7,852 Sf

MLS® # 2871949

Single-Family Real Estate for Sale at 3817 Westlake Dr on Lake Austin - MLS #6461389

3817 Westlake Dr, Austin

$5,250,000 - 3 Beds, 4.0 Baths, 3,111 Sf

MLS® # 6461389

MLS Number 4602963 on Lake Austin in the city of Austin Homes for Sale by River Place Sec 16, the zipcode of 78730
Under Contract

8316 Big View Dr, Austin

$4,990,000 - 5 Beds, 5.2 Baths, 6,274 Sf

MLS® # 4602963

2904 Rivercrest Dr, in the city of Austin Real Estate in TX by Rivercrest Add Sec 01,
Under Contract

2904 Rivercrest Dr, Austin

$4,695,000 - 5 Beds, 4.1 Baths, 5,289 Sf

MLS® # 4782245

Located on Lake Austin, Single-Family for Sale by 4400 Island Avenue in the Austin, located in the neighborhood of Island At Mount Bonnell Shores

4400 Island Avenue, Austin

$4,500,000 - 5 Beds, 4.2 Baths, 7,016 Sf

MLS® # 9389903

Lake Austin, 7690931, Single-Family, 1881 Westlake Dr, Austin, TX, WESTLAKE HILLS, Frame, Stone, Stucco, 78746

1881 Westlake Dr, Austin

$4,475,000 - 5 Beds, 4.0 Baths, 3,964 Sf

MLS® # 7690931

Lake Austin, 4753913, Single-Family, 2314 Island Wood Rd, Austin, TX, Wood Island, , 78733

2314 Island Wood Rd, Austin

$4,200,000 - 6 Beds, 5.2 Baths, 6,683 Sf

MLS® # 4753913

 More About Lake Austin Homes For Sale


As one of the few constant-level lakes in Texas, Lake Austin offers homeowners the opportunity to enjoy the perks of lake life every day of the year. Its unique, narrow shape winds through the western section of the city, making its way through downtown and into the Hill Country...meaning plenty of shoreline for luxury lakefront homes. The inventory of architectural style, design, and square footage is incredibly diverse, including everything from townhomes and condos to Tuscan-style villas and sprawling mansions. 

A few of our favorite neighborhoods include Tarrytown, Steiner Ranch, and West Lake Hills. West Lake Hills is a charming, established neighborhood located (you guessed it) on the western banks of Lake Austin and offers prices that tend to hover around $1 Million. Tarrytown offers high-end condos and restored historic homes around the same price. Steiner Ranch, on the northern side of the lake, is a sprawling neighborhood with a Hill Country resort feel. Prices range anywhere between $500k to over $2 Million. 

Though its location is smack-dab in the middle of the city, don’t be fooled: Lake Austin’s family-friendly vibes and towering limestone cliffs still feel like Hill Country paradise. Hikers and bikers love heading to the 360 Bridge suspended over the lake as well for views that can’t be beat. Some of the favorite local lake activities include a leisurely day on the pontoon, heading out on the wakeboard or water skis, or spending a day fishing for largemouth bass. (However, be warned: this lake is cold— which also makes it an incredibly popular relief from the hazy Texas heat.) 

Schools in the Lake Austin area are also a notable draw, with top-rated districts like Eanes ISD (voted the #1 in Best School Districts in Texas by 

As a whole, residents of Lake Austin tend to feel as though they are a part of a small town within a big city. Neighborhoods are tight knit, local businesses thrive on regulars, and the whole area carries a distinctly charming “Lake Austin” culture. Head to Mozart’s Coffee Roasters, Barton Springs, or Abel’s on the Lake to see what we mean.

To see further options near Austin and the Hill Country, check out Lake LBJ, Lake Marble Falls, and Lake Travis.

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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 October 25th, 2020 at 8:46am 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.

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