Market Overview for Lake Ridge
There are 11 active listings in Lake Ridge with a median list price of $1.1M and a median sold price of $1.3M.
Over the past 30 days, 0 homes have sold, with 3 sales in the past 12 months.
The average price per square foot is $380.
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 10,771 students (2025-26). Lake Travis High School enrolls approximately 3,427 students (2025-26) 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.
Lakeway City Park, a 30-acre municipal park approximately 1 mile south, offers playgrounds, sports courts, a splash pad, and covered pavilions. The Lakeway Activity Center provides fitness classes, meeting rooms, and community programming for city residents. Grocery shopping centers on H-E-B at Lakeway, roughly 2 miles east on RR 620. The Lakeway Resort and Spa, located on the shores of Lake Travis approximately 3 miles south, operates a marina, golf course, and dining facilities. Lake Travis itself provides public access for boating, swimming, and fishing at Mansfield Dam Park, roughly 6 miles northeast. Weekend dining options along RR 620 include a range of local and chain restaurants within a 10-minute drive.
Things to Do in Lake Ridge
- Lake Travis: 65-mile-long reservoir on the Colorado River offering boating, swimming, fishing, and waterfront dining. Public access at Mansfield Dam Park, roughly 6 miles northeast.
- Lakeway City Park: 30-acre municipal park approximately 1 mile south with playgrounds, sports courts, splash pad, and covered pavilions. Free admission.
- The Oasis on Lake Travis: Multi-level restaurant and entertainment complex on Comanche Trail about 5 miles north, with outdoor deck seating overlooking Lake Travis.
- Lakeway Resort and Spa Golf Course: 18-hole golf course at the Lakeway Resort along the shores of Lake Travis, open to resort guests and members.
- Hamilton Pool Preserve: 232-acre Travis County nature preserve approximately 20 miles southwest featuring a natural grotto and swimming hole. Reservations required.
Major Employers in Lake Ridge
- Lake Travis ISD (Education): School district operating 11 campuses with approximately 1,800 staff members across the Lakeway and western Travis County area.
- Baylor Scott & White Medical Center - Lakeway (Healthcare): Full-service hospital on RR 620 in Lakeway with over 100 beds and approximately 500 employees.
- Lakeway Resort and Spa (Hospitality): Full-service resort on Lake Travis offering hotel, marina, golf, and dining facilities with approximately 300 staff.
- Apple (Technology): Apple's Austin campus at Parmer Lane employs over 6,000 workers, approximately 35 minutes northeast via Loop 360.
Lake Ridge Schools
Lake Ridge is served by Lake Travis ISD. Students typically attend Serene Hills Elementary for elementary school, Lake Travis Middle School or Hudson Bend Middle School for middle school, and Lake Travis High School for high school.
School District: Lake Travis ISD
Public Schools
- Serene Hills Elementary
- Lake Travis Middle
- Hudson Bend Middle
- Lake Travis High School
Pre-Schools
- Lakeway Montessori School - Montessori-method preschool in Lakeway serving children ages 18 months through 6 years.
- Primrose School of Lakeway - Accredited early education center serving infants through pre-K with Balanced Learning curriculum.
Private Schools
- Summit Christian Academy - Private Christian school in the Lakeway area serving grades K-12 with college-preparatory curriculum.
- The Cathedral School of St. Mary - Private school serving grades pre-K through 8 in Austin, approximately 20 miles east on W. 10th Street.
Frequently Asked Questions
What are home prices in Lake Ridge Lakeway
Homes in Lake Ridge generally range from $450,000 to $750,000 depending on lot size, condition, and views. Properties typically offer 1,800 to 3,200 square feet with three to four bedrooms.
What school district is Lake Ridge Lakeway in
Lake Ridge is zoned to Lake Travis ISD. Students typically attend Lakeway Elementary, Hudson Bend Middle School, and Lake Travis High School. Lake Travis ISD operates 11 campuses serving 10,771 students (2025-26).
How far is Lake Ridge from downtown Austin
Lake Ridge is approximately 20 miles west of downtown Austin. The commute takes 30 to 40 minutes via RR 620 to Loop 360 or Bee Caves Road to MoPac Expressway.
How far is Lake Ridge from Lake Travis
Lake Ridge is approximately 2 miles from the shores of Lake Travis. Public lake access is available at Mansfield Dam Park, roughly 6 miles northeast, and via the Lakeway Resort marina approximately 3 miles south.
What is the property tax rate in Lake Ridge Lakeway
Property taxes include Lake Travis ISD at approximately $1.22 per $100, Travis County assessments, and City of Lakeway municipal taxes. Combined rates are near $2.00 per $100 of assessed valuation.
What parks are near Lake Ridge Lakeway
Lakeway City Park is approximately 1 mile south with 30 acres of recreation facilities. Lake Travis offers boating and swimming access, and Hamilton Pool Preserve is approximately 20 miles southwest.
