Lake Austin Homes For Sale

Lake Austin is located in Texas’ capital city but it’s far from an urban environment. Situated just west of Downtown and home to some of the most stunning luxury real estate in the state of Texas. Located just downriver from Lake Travis, Lake Austin is the last lake in the chain of Highland Lakes. It’s a long, thin body of water that provides plenty of shoreline for Lake Austin real estate. From these shores, you can lose yourself in the incredible views of the lake itself and the towering limestone cliffs that border it. The Lake Austin waterfront homes that are for sale vary in size and amenities but none are worth less than one million dollars and some are listed upwards of $35 million. There are also some Lake Austin Waterfront Lots available for individuals who want to design their perfect home. NOTE: Quite a few Lake Austin listings never hit the MLS; however, we have access to off-market opportunities. Call us for more details...

Real Estate Statistics

Average Price $7.2M
Lowest Price $1.2M
Highest Price $25M
Total Listings 40
Avg. Days On Market 195
Avg. Price/SQFT $1.7K

Property Types (active listings)

Lake Austin Real Estate

Work With Lake Austin Waterfront Specialists

Lake Austin is one of the most tightly held waterfront markets in Texas. Inventory is limited, entry prices begin around $1 million, and a meaningful number of properties change hands without ever reaching the MLS. Buyers evaluating this market need to look beyond square footage — dock configuration, boat access, bridge clearances, water depth, limestone shoreline condition, views, privacy, and proximity to Downtown Austin all shape what a property is actually worth and how it lives day to day.

Hunter Croan, owner of The Lakefront Group, built his team specifically around the off-market access and waterfront due diligence that competitive markets like Lake Austin require. With more than 200 verified five-star reviews and a track record of connecting buyers to properties that never surface in a standard search, his team operates where most buyers simply cannot find listings on their own.

For Lake Austin and the Highland Lakes, Brooke LeMond brings more than 20 years of real estate experience rooted in this market. She has sold Lake Austin and Lake Travis waterfront properties throughout her entire career and continues to spend personal time on the lake with her family — a combination of professional depth and genuine daily familiarity that most agents cannot offer. As a certified KW Real Estate Planner, Brooke also brings structured thinking around 1031 exchanges, capital gains planning, and legacy strategy, which come up often for buyers and sellers at these price points.

Billy Stephens spent more than a decade in building materials sales before moving into real estate, giving him practical insight into what dock renovations, exterior upgrades, and home improvements actually cost. On Lake Austin, where post-closing projects can run well into six figures, that knowledge gives buyers a clearer picture of what they're taking on before they make an offer.

Living on Lake Austin

Lake Austin is a constant-level lake, which means that you will have water, drought or no drought. This also makes it a perfect place for wakeboarding, wakesurfing, or water skiing. Its river-style curves mean you can always find a straightaway that’s blocked by the wind and offers calmer water. Kayakers and canoers will love the long expanse, 20.3 miles of water with only a gentle current. With a surface area of 1,599 acres, there is plenty of room for everyone. 

Around Lake Austin, you will find several luxury neighborhoods including Tarrytown, known for its historic homes, Steiner Ranch, with its resort-style amenities, and West Lake Hills, an area known for its suburban feel with tree-lined streets and a family-friendly atmosphere. 

Lake Austin real estate offers a wide variety of architectural styles, designs, and living spaces. Homes for sale in Lake Austin range from condos and townhomes to villas and even sprawling estates. No matter what your vision of a perfect lakefront home is, you can find it here. 

Entertainment and Nightlife

Because the homes for sale in Lake Austin are just a short distance from Downtown Austin, there’s no limit to the dining, entertainment, and nightlife venues close by. 

Within a few minutes you can enjoy outdoor activities at Zilker Park, or take a dip in Barton Springs Pool. Afterward, you can grab a great meal at any of the critically acclaimed restaurants in Downtown Austin, or catch a movie at the infamous Alamo Drafthouse on South Lamar. After all of that, you can still visit any of Austin’s entertainment districts, where you will find live music, popular breweries, art galleries, and acclaimed events.

No matter your personality or taste, you will find something you love to do in Austin.

Lake Austin Schools

As an additional perk, the four school districts located close to Lake Austin real estate are highly rated. The Eanes Independent School District is widely considered to be the best school district in the Austin area. The high school for this district, Westlake High, was rated the best high school in the Austin area in 2020 by the Texas Education Agency

In addition to Eanes, there’s also the Austin Independent School District, the Leander Independent School District, and the Lake Travis Independent School District. Each of these is well-respected by educators and parents.

Lake Austin Real Estate FAQs

Is Lake Austin a constant-level lake?

Yes. Lake Austin is generally considered a constant-level lake, which is one reason it is so desirable for boating, wake surfing, water skiing, and luxury waterfront ownership. To compare Lake Austin with nearby options, read Lake Austin vs Lake Travis.


Can you have a private dock on Lake Austin?

Many Lake Austin waterfront properties have private docks, but buyers should verify dock condition, permitting, water depth, and usability before purchasing.


What makes Lake Austin different from Lake Travis?

Lake Austin is narrower, more central, and constant-level, while Lake Travis is larger, more open, and can fluctuate more with rainfall and drought. For more comparison, read Lake LBJ vs Lake Austin.


What affects home values on Lake Austin?

Lake Austin values can be affected by location, water depth, dock usability, views, privacy, home quality, lot size, proximity to Downtown Austin, and access to highly rated school districts.


What should buyers look for when comparing Lake Austin homes?

Buyers should evaluate the house, the waterfront, the dock, boat access, shoreline improvements, privacy, traffic patterns, floodplain position, and long-term resale potential.

Let Us Help You Find the Perfect Lake Austin Home

At The Lakefront Group, we pride ourselves on being the premier Lake Austin real estate agents and the most comprehensive lakefront real estate resource. As mentioned above, many of the properties on Lake Austin never hit the MLS; however, The Lakefront Group has access to quite a few off-market opportunities. Let us know what you want in your new lake home, and we’ll search until we find the one to make your dreams come true. To find out more about homes for sale on the Lake Austin waterfront or the surrounding areas, contact us or sign up for Lake House Alerts to get your lake home search started.

Lake Austin Homes for sale

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