Situated along 12 miles of Lake Travis shoreline just 16 miles west of Austin, Lakeway transformed from a 2,700-acre resort development in 1962 to a thriving residential community of over 19,000 residents. The city's origins around the iconic Lakeway Inn and World of Tennis complex have shaped its evolution into a waterfront destination that perfectly balances lakeside living with proximity to Austin.

Rental options in Lakeway showcase quality and comfort, with townhomes and single-family residences making up much of the available inventory. The rental market reflects the area's upscale character, with two-bedroom rentals averaging around $2,093 and three-bedroom homes at $2,373. Neighborhoods like Rough Hollow and Serene Hills feature newer construction, while areas closer to the lake provide established homes with mature landscaping and water access.

Lakeway residents enjoy exceptional recreational facilities, including the 64-acre Lakeway City Park with its swimming cove, volleyball courts, and network of hiking trails overlooking Lake Travis. The city is served by the Lake Travis Independent School District and features shopping destinations at the Lakeway Commons and Oaks at Lakeway. Healthcare needs are met by the Baylor Scott & White Medical Center-Lakeway. For commuters, downtown Austin is accessible via Ranch Road 620 and Highway 71, typically taking 30-45 minutes depending on traffic conditions.