Rare opportunity in one of Lakeway’s most established and sought after neighborhoods. Tucked away on a secluded oversized lot surrounded by mature trees and luxury properties, this custom one story home offers exceptional privacy, character, and endless potential. Positioned in the heart of old Lakeway, this property provides a rare chance to create a truly spectacular retreat in an area where properties with this level of privacy and lot size are becoming increasingly difficult to find. Spacious living areas, generous layout, and incredible natural surroundings provide the perfect canvas for reimagining the home into a stunning luxury residence while preserving the warmth and charm of its established setting. Whether restoring its original character or creating a completely updated custom estate feel, the possibilities are extraordinary. Conveniently located near Lake Travis, golf courses, marinas, dining, shopping, and highly acclaimed Lake Travis ISD schools. Rarely do opportunities like this become available in such a premier location.
Active
$625,000
703 Palos Verdes Dr, Lakeway, TX 78734
4beds
3,241sqft
Single Family Residence
Built in 1994
0.53 Acres Lot
$-- Zestimate®
$193/sqft
$-- HOA
What's special
- 20 days |
- 2,573 |
- 139 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Tamara Nelson (512) 786-2022,
All City Real Estate Ltd. Co (866) 277-6005
Source: Unlock MLS,MLS#: 8632399
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 4
Heating
- Central, Electric, Exhaust Fan
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Included: Built-In Electric Oven, Built-In Electric Range, Dishwasher, Disposal, Microwave, RNGHD
Features
- Bar, Built-in Features, Ceiling Fan(s), Corain Counters, Double Vanity, Eat-in Kitchen, Interior Steps, Kitchen Island, Multiple Living Areas, Pantry, Walk-In Closet(s), Washer Hookup
- Flooring: Tile
- Windows: Screens
- Number of fireplaces: 2
- Fireplace features: Family Room, Living Room, Wood Burning
Interior area
- Total interior livable area: 3,241 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Door-Single, Driveway, Garage, Garage Faces Side
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck
- Exterior features: Gutters Partial, Private Yard
- Pool features: None
- Fencing: Back Yard, Wrought Iron
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
Lot
- Size: 0.53 Acres
- Features: Back Yard, Front Yard, Landscaped, Sprinkler - Automatic, Sprinkler - Back Yard, Sprinklers In Front, Many Trees
Details
- Additional structures: None
- Parcel number: 01397306280000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Golf, Park
- Subdivision: Lakeway Sec 27
HOA
- Has HOA: No
Location
- Region: Lakeway
Financial & listing details
- Price per square foot: $193/sqft
- Tax assessed value: $754,770
- Annual tax amount: $13,145
- Date on market: 6/3/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Listed for sale | $625,000$193/sqft |
Source:  Unlock MLS #8632399 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,012 +3% | $685,627 +10% |
| 2024 | $3,895 +16% | $623,297 +10% |
| 2023 | $3,358 -33.6% | $566,634 +10% |
| 2022 | $5,057 | $515,122 +10% |
| 2021 | -- | $468,293 +10% |
| 2020 | $5,185 +0.3% | $425,721 |
| 2019 | $5,171 -0.6% | $425,721 +2.7% |
| 2018 | $5,204 | $414,578 +1.1% |
| 2017 | $5,204 -5% | $410,051 +7.8% |
| 2016 | $5,476 | $380,227 +6.9% |
| 2015 | $5,476 | $355,566 -2.8% |
| 2014 | $5,476 | $365,674 +8% |
| 2013 | -- | $338,496 +2.8% |
| 2012 | -- | $329,435 -0.2% |
| 2011 | -- | $330,071 +5.5% |
| 2010 | -- | $312,737 -14.9% |
| 2009 | -- | $367,577 +10% |
| 2008 | -- | $334,161 +10.6% |
| 2007 | -- | $302,124 +10% |
| 2006 | -- | $274,658 +1.3% |
| 2005 | -- | $271,203 +3.7% |
| 2002 | $5,432 | $261,467 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 78734
Nearby schools
GreatSchools rating
- 8/10Lakeway Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 8/10Hudson Bend Middle SchoolGrades: 6-8Distance: 2.8 mi
- 8/10Lake Travis High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Serene Hills
- Middle: Hudson Bend
- High: Lake Travis
- District: Lake Travis ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Travis County
- Lakeway
- 78734
- 703 Palos Verdes Dr
Nearby cities
Nearby zip codes
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