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Lakeway · Lakeway Sec 27

$599,000 323 days on market

Reduced from $775,000 · −22.7%

304 Palos Verdes Dr, Lakeway, TX 78734

  • 3bedrooms
  • 2.5bathrooms
  • 2,575sqft
  • 0.35acres
  • 1985year built

About this home

APPROVED SHORT SALE! Excellent opportunity to own this Lakeway home at an exceptional value. Fantastic home nestled within a resort-style community along one of Old Lakeway’s most scenic, tree-lined streets, this move-in ready and architecturally distinctive property offers a rare opportunity to embrace the coveted Lakeway lifestyle. Set on a private 1/3-acre lot near the Hamilton Greenbelt and just minutes from Lake Travis, you’ll enjoy access to marinas, golf courses, hiking and biking trails, and local dining—all within the highly sought-after Lake Travis school district. Designed to stand out, the home features a grand front entrance, soaring ceilings, multiple skylights, and expansive newer windows and sliding doors that flood the space with natural light, while newly installed LVP flooring enhances its modern, move-in ready appeal. The flexible floor plan is an entertainer’s delight with multiple living areas, including a versatile media or game room—perfect for movie nights and everyday family connection. Spacious decks and seamless indoor-outdoor living create multiple areas for year-round entertaining or relaxing in a peaceful Hill Country setting. The *gourmet kitchen* is thoughtfully updated with quartz countertops, a Thermador induction cooktop, high-end stainless steel appliances, and modern cabinetry, opening to the main living and dining areas. It serves as both a stylish culinary space and the heart of the home—ideal for casual meals, conversation, and even a place to gather for homework. The private primary suite offers a true retreat with a spa-like walk-in shower and refined finishes. Additional highlights include a RARE 3-car garage, new HVAC systems (2025), a durable 30+ year roof (2017), plumbed central vacuum system, low-maintenance landscaping, two fig trees, and space to create your own outdoor oasis + Google Fiber! This is a rare opportunity to own a truly distinctive home that combines architectural character and modern updates.

Property

Type
Single Family Residence
Levels
Two
Year built
1985
Lot size
0.35 acres
Subdivision
Lakeway Sec 27
MLS #
ACT6196779

Inside

Bedrooms
3
Bathrooms
2.5
Living area
2,575 sqft
Fireplaces
1

Outside / parking

Garage spaces
3

Schools

Elementary
Serene Hills
High school
Lake Travis
District
Lake Travis ISD

Costs

Est. annual taxes
$10,438 (2025)

Listing

First listed
Dec 4, 2025
Days listed
323
Original price
$775,000
Status
Active Under Contract

Listed by Mary Ann Grimes, Coldwell Banker Realty · [email protected] · MLS# ACT6196779 · Active Under Contract

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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