Market Overview for Lake Ridge

There are 6 active listings in Lake Ridge with a median list price of $924K and a median sold price of $1.2M.

Over the past 30 days, 0 homes have sold, with 6 sales in the past 12 months.

The average price per square foot is $323.

About Lake Ridge

Lake Ridge is a residential subdivision located in Lakeway, Texas, within the 78734 zip code in Travis County. The neighborhood is positioned along the north side of Lakeway Drive, approximately 20 miles west of downtown Austin and roughly 2 miles from the shores of Lake Travis. Lake Ridge sits within the broader City of Lakeway, which incorporated in 1990 and covers approximately 10 square miles of Hill Country terrain between RR 620 and the lake. The subdivision is accessible via Lakeway Drive and connecting streets that branch off toward higher-elevation lots with partial Hill Country views.

Homes in Lake Ridge were primarily constructed in the 1980s and 1990s, featuring single-family residences on lots ranging from 7,000 to 15,000 square feet. Architectural styles include one- and two-story designs with limestone, brick, and stucco exteriors typical of the Lakeway area. Square footage ranges from approximately 1,800 to 3,200 square feet, with three- to four-bedroom floor plans common throughout the subdivision. Resale prices generally range from $450,000 to $750,000 depending on lot size, condition, and proximity to greenbelt or view corridors.

Lake Ridge falls within the Lake Travis Independent School District boundary. Students are typically zoned to Lakeway Elementary School, Hudson Bend Middle School, and Lake Travis High School. Lake Travis ISD operates 11 campuses serving approximately 11,500 students. Lake Travis High School enrolls roughly 2,800 students in grades 9 through 12 and carries TEA A ratings. The district maintains a property tax rate of approximately $1.22 per $100 of assessed valuation.

Commuters from Lake Ridge reach downtown Austin in approximately 30 to 40 minutes via RR 620 to Loop 360 or via Bee Caves Road (RR 2244) to MoPac Expressway. The Lakeway commercial district along RR 620 includes office space, medical facilities, and retail centers within a 10-minute drive. The Oasis on Lake Travis, a restaurant and entertainment complex on Comanche Trail, is approximately 5 miles north. H-E-B at Lakeway is located roughly 2 miles east on RR 620, and additional retail is clustered at the intersection of RR 620 and Bee Caves Road.

Living in Lake Ridge

Lake Ridge features single-family homes on gently sloping lots with native oak and juniper tree coverage throughout the subdivision. Streets follow the natural terrain contours, with cul-de-sac layouts and limited through-traffic patterns. The City of Lakeway provides municipal services including police, parks maintenance, and building code enforcement. Property tax rates include Lake Travis ISD at approximately $1.22 per $100, Travis County, and City of Lakeway municipal taxes, with combined rates near $2.00 per $100 of assessed valuation. The neighborhood is governed by deed restrictions that regulate exterior modifications, landscaping standards, and allowable structures.