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$485,000

Last List Price

505 Eagle, Lakeway, TX 78734

3

beds

3

baths

1,808

sqft

0.32

acres

Single Family Residence

About This Home

This charming single-story stone home, nestled in the heart of Old Lakeway, is a true diamond in the rough. Featuring a galley-style kitchen, a cozy breakfast nook, and a spacious family room, both of which open to a back deck with views of Lake Travis. The home offers three bedrooms, two and a half baths, and a convenient side-entry two-car garage. For added potential, the adjoining vacant lot (MLS #7441936) at the rear is available for purchase, offering a unique opportunity to preserve the lake view. This home is a fixer-upper, in need of some TLC, but it has great bones and endless possibilities. Nearby Attractions: Dragon Park, Live Oak Golf Course, Pickleball Court, Lakeway Marina. This property offers the perfect chance to create your dream home in a prime location!

Listings checked every few minutes. MLS# 2760004 was Last Updated: 04-08-2025.

Listed by Mary Lynne Gibbs, Keller Williams - Lake Travis (512) 431-2403

Buyer Represented by Shelby Traylor, Real Broker, LLC (806) 681-6195

Neighborhood

Assigned Schools

Comments

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Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

What is the South Lake Travis neighborhood like?

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.

Explore South Lake Travis

What employers are near 505 Eagle?

  • Lake Travis Independent School District (Education)
  • Baylor Scott & White Medical Center-Lakeway (Healthcare)
  • Lakeway Resort and Spa (Hospitality)

How does this property compare to others in South Lake Travis?

505 Eagle is listed at $485K vs. the $899K median in South Lake Travis. The neighborhood average is $354/sqft. Homes in South Lake Travis average 75 days on market.

MetricSouth Lake Travis
Median List Price$899K
Median Sold Price$729K
Average Days on Market75
Average Price per Sqft$354
Active Listings223

Market data as of May 2026.

Frequently Asked Questions

How much is 505 Eagle?

505 Eagle is listed for $485,000. It features 3 bedrooms, 3 bathrooms, 1,808 square feet, 0.3172 acres. Built in 1983.

What neighborhood is 505 Eagle in?

505 Eagle is located in the South Lake Travis neighborhood of Lakeway, Texas.

How does 505 Eagle compare to other homes in South Lake Travis?

The asking price of $485,000 is 46.1% lower than the median home price of $899K in South Lake Travis. At $268/sqft, it compares to the neighborhood average of $354/sqft.

What are the details of 505 Eagle?

505 Eagle was built in 1983, and sits on 0.3172 acres of land, and is a single family residence style home.