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Lakeway · Lakeway Sec 22-C

$889,000 28 days on market

123 Top O The Lake Dr, Lakeway, TX 78734

  • 4bedrooms
  • 2.5bathrooms
  • 2,701sqft
  • 0.70acres
  • 1989year built

About this home

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

Property

Type
Single Family Residence
Levels
Two
Year built
1989
Lot size
0.70 acres
Subdivision
Lakeway Sec 22-C
MLS #
ACT5398572

Inside

Bedrooms
4
Bathrooms
2.5
Living area
2,701 sqft
Fireplaces
1

Outside / parking

Garage spaces
2

Schools

Elementary
Lakeway
High school
Lake Travis
District
Lake Travis ISD

Costs

Est. annual taxes
$9,137 (2025)

Listing

First listed
Apr 10, 2026
Days listed
28
Status
Active Under Contract

Listed by Wendy Elder, Compass RE Texas, LLC · [email protected] · MLS# ACT5398572 · 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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