Market Overview for South Lake Travis
There are 198 active listings in South Lake Travis with a median list price of $928K and a median sold price of $715K.
Homes average 84 days on market.
Over the past 30 days, 45 homes have sold, with 498 sales in the past 12 months.
The average price per square foot is $359.
About South Lake Travis
South Lake Travis sits on the western edge of Austin's Lakeway area with direct access to a 22,000-acre reservoir and 65-mile shoreline, creating one of the region's most distinctive recreational landscapes. The neighborhood has recorded 1,951 home sales with a median price of $840,000 and median price per square foot of $298, reflecting strong market demand from buyers seeking lakeside living with established community infrastructure. Most residents are homeowners, with 76% home ownership rates among the approximately 12,500 residents across 4,600 households. The area encompasses neighborhoods ranging from Lakeway Drive properties with established mature landscaping and vintage homes from the 1970s-1990s to newer developments in The Hills of Lakeway featuring contemporary construction and modern amenities, making South Lake Travis one of central Texas's oldest continuously developed lake communities with sustained investment appeal.
The Lake Travis Independent School District serves the area with 11 schools across 7 elementary campuses, 3 middle schools, and 1 high school. The district earned an A rating in the 2024-25 Texas Education Agency accountability system with a composite score of 90 out of 100 points, representing significant academic achievement. Notably, 64% of LTISD campuses earned individual A ratings, with public schools in the district achieving a 59% average math proficiency score compared to the 41% Texas statewide average—an 18-point performance advantage—and 69% reading proficiency versus 51% statewide, representing an 18-point reading achievement gap. The district's performance on STAAR (State of Texas Assessments of Academic Readiness) testing demonstrates consistent academic strength across elementary through high school levels, with particularly strong results in advanced mathematics and college readiness indicators.
Lake Travis provides extensive recreational access through parks operated by the Lower Colorado River Authority and Travis County Parks across 15 developed locations distributed around the reservoir's extensive shoreline. Bob Wentz Park offers designated volleyball courts, swimming beaches with lifeguard supervision during summer months, and picnic facilities with shade structures. Pace Bend Park features 9 miles of dedicated shoreline access with two full-service boat ramps capable of accommodating both personal watercraft and larger vessels, 20 individual campsites with water and electrical hookups, and designated swimming coves with sandy beaches. Mansfield Dam Park provides extensive hiking trail networks through Hill Country terrain, fishing access for largemouth bass and striped bass species with documented population management through Texas Parks and Wildlife stocking programs, and scuba diving opportunities with underwater attractions including a sunken boat structure and natural geological features. The Oasis restaurant operates as Texas's largest outdoor restaurant facility with 9,000 square feet of covered deck space spanning multiple levels overlooking the lake, specializing in Tex-Mex cuisine with capacity for 5,000-6,000 diners.
