name

Legend Of Lake Austin

  • Austin
  • $24,995,000

ABOUT

One of a kind 33+/- acres on Lake Austin. This legendary waterfront ranchette has 550 +/- ft of pristine Lake Austin waterfront, features a wildlife exemption, has numerous towering heritage oak trees and boasts stunning views of the Balcones Canyon Land Preserve. One of the last large parcels of land on Lake Austin with gently sloping terrain prime for development or future estate. A piece of land meant for legends for generations to come. Convenient to stores and restaurants all within the acclaimed Leander ISD VIEW MORE All information deemed reliable but not guaranteed. Buyer to verify all details.

One of a kind 33+/- acres on Lake Austin.  This legendary waterfront ranchette has 550 +/- ft of pristine Lake Austin waterfront, features a wildlife exemption, has numerous towering heritage oak trees and boasts stunning views of the Balcones Canyon Land Preserve.  One of the last large parcels of land on Lake Austin with gently sloping terrain prime for development or future estate.  A piece of land meant for legends for generations to come.  Convenient to stores and restaurants all within the acclaimed Leander ISD

 

VIEW MORE

All information deemed reliable but not guaranteed.  Buyer to verify all details.

One of a kind 33+/- acres on Lake Austin. This legendary waterfront ranchette has 550 +/- ft of pristine Lake Austin waterfront, features a wildlife exemption, has numerous towering heritage oak trees and boasts stunning views of the Balcones Canyon Land Preserve. One of the last large parcels of land on Lake Austin with gently sloping terrain prime for development or future estate. A piece of land meant for legends for generations to come. Convenient to stores and restaurants all within the acclaimed Leander ISD VIEW MORE All information deemed reliable but not guaranteed. Buyer to verify all details.
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33

33

Acres

Lot Size

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Lot & Area

Status

Private Listing

Lot Size

33 Acres

Neighborhood

Lake Austin

View Description

Waterfront,Bluffs

School District

Leander ISD
01

Finance

Sales Price

$24,995,000
Kathryn Scarborough

One of a kind 33+/- acres on Lake Austin.

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Lake Austin

An exclusive waterfront neighborhood offering luxurious living with quick access to Austin’s vibrant city life.

Welcome to Lake Austin, TX

Lake Austin is a 22-mile ribbon lake winding through limestone canyons between Mansfield Dam and downtown Austin. This is where wealthy professionals escape urban intensity without leaving the city—waterfront estates with private boat docks sit minutes from the Texas State Capitol.

Unlike neighboring Lake Travis, Lake Austin maintains a constant water level year-round, creating lush shorelines and reliable boat access. The lifestyle centers on lakefront entertaining, water sports, and social boating to boat-accessible restaurants like Ski Shores Cafe and Hula Hut.

The south shore falls within the elite Eanes Independent School District, one of Texas's top-rated systems. Homes range from $600k condos with lake views to $25M waterfront compounds with private docks. The market operates as its own luxury micro-market, largely insulated from broader Austin trends due to finite shoreline and high barriers to entry.

 

Who Lives Here

Established Professionals & Executives: C-suite executives, tech entrepreneurs, and business leaders dominate Lake Austin. The location provides a rare combination: waterfront retreat with 15-20 minute commutes to downtown Austin or the Silicon Hills tech corridor. Days start with sunrise boat rides before heading to the office; evenings involve entertaining on waterfront patios.

Active Families: Families gravitate here for Eanes ISD, consistently ranked among Texas's top school districts. Life revolves around outdoor recreation—wakeboarding, waterskiing, and neighborhood gatherings at private docks. The community is tight-knit with high participation in sports and school events.

Affluent Retirees: The lake offers serene living without isolation. The constant water level ensures consistent views and boat access year-round—a critical advantage over Lake Travis, which fluctuates dramatically during droughts. Many retirees maintain memberships at Austin Country Club, home to the WGC-Dell Technologies Match Play.

Second-Home Buyers: Wealthy buyers from Houston, Dallas, and out-of-state purchase properties as weekend getaways. These residents treat homes as sanctuaries for holidays and long weekends, focusing entirely on relaxation and water sports.

 

Location & Geography

Boundaries & Definition: Lake Austin is a river-like reservoir on the Colorado River, not a traditional round lake. It stretches 22 miles from Mansfield Dam (below Lake Travis) to Tom Miller Dam (just west of downtown), rarely exceeding 1,000 feet in width.

Proximity to Major Cities: The eastern end sits 5-7 miles from the Texas State Capitol and downtown business district. Austin-Bergstrom International Airport is 20-30 minutes by car. The affluent independent cities of West Lake Hills and Rollingwood border the southern shores.

Terrain & Topography: The lake cuts through the Balcones Escarpment, marking the transition from coastal plains to Texas Hill Country. Steep limestone cliffs flank large sections of shoreline, particularly near the Pennybacker Bridge (Loop 360). Other areas feature gently sloping lawns leading to the water. Tributary creeks like Bull Creek create lush, canyon-like micro-environments.

Climate: Subtropical climate with hot summers (95-100°F) and mild winters. The lake water stays consistently cool because it's released from the bottom of Lake Travis. Year-round boating and outdoor living are possible, with lows rarely dipping below freezing.

Natural Surroundings: The constant water level supports lush vegetation right to the water's edge. Banks are lined with massive Bald Cypress trees (roots extending into water), Live Oaks, and Sycamores. The area is habitat for Great Blue Herons, turtles, and trophy bass.

 

Real Estate Market Snapshot (Early 2026)

Lake Austin operates as a distinct micro-market separate from broader Austin trends. While the general Austin market has cooled with median prices around $430,000-$440,000 (down from $550,000 peak in 2022), Lake Austin waterfront remains a scarcity-driven luxury asset class.

Home Prices: Entry-level condos and view homes without water access: $600k-$1.2M. Direct waterfront homes start at $4M-$5M for older properties or difficult lots. Prime flat lots with modern estates range $8M-$15M+, with ultra-exclusive properties reaching $25M. The 2025 record was a $13.95M sale, with price per square foot hitting $2,380 on Lake Austin.

Inventory Trends: Inventory remains historically tight due to finite shoreline (approximately 22 miles). However, levels have risen compared to the 2021-2022 frenzy. Buyers now see multiple options instead of properties vanishing within 24 hours.

Days on Market: Days on market have extended significantly. Luxury estates commonly sit 60-120+ days, often due to aggressive pricing testing the market's ceiling. The luxury market median is around 45 days for attached homes.

Appreciation Trends: After explosive early 2020s growth, appreciation has flattened. Prices are stable but not spiking. The market is in "price discovery" mode as sellers adjust to less frantic buyer pools.

Market Conditions: The market is balanced with slight buyer advantage. Buyers have negotiating leverage for the first time in years, particularly on homes needing renovation or with difficult topography. Sellers of turnkey, flat-lot estates still command firm pricing, but bidding war culture has evaporated. Properties are selling at approximately 95% of list price.

 

Types of Homes Available

Waterfront Estates (Single-Family): The most coveted properties feature direct water frontage and private boat docks. Buyers choose between flat lots (highly prized for walk-out water access) and cliffside homes (dramatic views but requiring trams or long staircases to reach docks). Architecture ranges from Mediterranean villas of the 1990s/2000s to ultra-modern glass-walled contemporaries popular in the last decade.

View Homes (Hillside): Located in neighborhoods like Westlake Hills, Mount Bonnell, or Steiner Ranch, these homes offer panoramic canyon views but lack direct water access. Owners typically keep boats at marinas like Austin Country Club or public facilities.

Waterfront Condos & Townhomes: The "affordable" entry point for lake lifestyle without the $5M price tag or maintenance burden. Key communities include The Island (a gated isthmus near the 360 Bridge with Mediterranean-style units, canals, and boat slips) and Oyster Landing area (condos near Hula Hut and Mozart's Coffee appealing to younger demographics).

"Tear-Down" Opportunities: Older 1960s/70s fishing cabins or modest ranch homes are frequently sold for land value alone, priced in the millions just for water frontage and development potential.

 

Factors to Consider When Buying

  • Boat Dock Regulations (Crucial): Never assume you can build or expand a dock. The City of Austin enforces strict shoreline setbacks (often 75 feet) and impervious cover limits. Adding a second story or widening a dock requires complex site plan approval taking 6-12+ months. If a property has a grandfathered non-conforming dock, rebuilding means losing that status and conforming to stricter modern rules. Check for hydrilla and milfoil history—some coves are prone to invasive weeds affecting swimming and boat access.
  • Flood Zones & Insurance: The 25-year floodplain is critical on Lake Austin. The city prohibits new construction in this zone, and renovation is often limited to 50% of structure value. Flood insurance is mandatory for financing in flood zones. Even cash buyers should carry it. Premiums range $5k-$20k+ annually depending on elevation.
  • Short-Term Rental (STR) Rules: Austin has effectively banned new Type 2 (non-owner occupied) STRs in residential areas. To Airbnb a property, you must generally live there more than 51% of the time (Type 1). Enforcement is strict, and neighbors in these tight-knit communities often report violators.
  • Wildfire Risk (WUI): The canyon creates a "chimney effect" that can accelerate fire spread. Many insurers now require wildfire hardening (clearing brush, metal roofs, enclosed eaves) before writing policies. Verify insurability during your option period—do not wait until closing.
  • School Boundaries: The lake forms a boundary between districts. The south/west side (Westlake) typically falls into top-rated Eanes ISD. The north/east side often falls into Austin ISD. This single factor can drive 20-30% price differences for otherwise similar homes.

 

Factors to Consider When Selling

  • Seasonality: The waterfront market often sees a second peak in early autumn (September/October). Buyers want to be in before summer or prefer pleasant touring weather over heat exhaustion. Selling January/February is difficult—trees are bare, grass is dormant, and lake lifestyle appeal is at its visual lowest.
  • Pricing Strategy: Aggressively market the constant water level. This is your biggest competitive advantage over Lake Travis, where docks can sit on dirt during droughts. Comparable sales are challenging because no two lots are alike—flat lots command significantly more than cliffside lots. Pricing must be based on utility (ease of water access) rather than just square footage.
  • Staging Trends & "Hardening": If you have a boat lift, ensure it works. Stage the dock with high-end outdoor furniture, fresh towels, and a cooler—you're selling the dock as much as the living room. Clearing dead cedar trees and brush improves views and signals wildfire defensibility, a major psychological hurdle for modern buyers.
  • Upgrades That Increase Value: If your slip is shallow, pay to have it dredged before listing. A functional "deep water" slip is a key selling point. If you have a steep lot with a tram, service it—a broken or noisy tram is a deal-killer. Outdoor kitchens offer high ROI; buyers here expect to cook and entertain outside.

 

Dining and Entertainment

Waterfront Dining (Boat Accessible)

  • Ski Shores Cafe: An Austin institution recently revitalized by MML Hospitality. It retains its 1950s casual vibe with burgers and frozen margaritas but offers elevated food quality. A primary social hub for lake residents.
  • Quince Lakehouse: The newest hotspot at Oyster Landing offering global collective cuisine (sushi, steak, seafood) with upscale lounge atmosphere and panoramic water views.
  • Hula Hut: A longtime favorite at Oyster Landing serving "Mex-Polynesian" food with a colorful pier extending over the water—perfect for sunsets.
  • Mozart's Coffee Roasters: Famous for its massive lakeside deck and annual Christmas Light Show. A dry venue (coffee and bakery) serving as a community "living room."
  • County Line on the Lake: Located on Bull Creek tributary, this historic BBQ joint is boat-accessible (water level permitting) and famous for turtle-filled creek and oversized ribs.

Nearby Off-Water Dining

  • Tarrytown (East Side): The Beer Plant, 68 Degrees, Pool Burger.
  • Westlake (South/West Side): The Grove Wine Bar, Sway, Village at Westlake dining.
  • Steiner Ranch (North End): Steiner Ranch Steakhouse offers high-elevation views looking down on the lake.

Entertainment & Recreation

The lake itself is the primary entertainment. Weekends involve boats rafting up in "Party Cove" near the 360 Bridge. Austin Country Club (on the Davenport side) features a Pete Dye-designed lakefront golf course, tennis courts, and marina. Emma Long Metropolitan Park offers camping, boat ramps, and beach access. The cliffs overlooking Pennybacker Bridge provide popular hiking and sunset views.

 

Shopping

The protected residential shoreline has no shopping malls. Residents shop at hubs 5-10 minutes from their lake section.

Grocery & Daily Needs

  • H-E-B on Lake Austin Blvd: Recently redeveloped into a modern, multi-level flagship serving Tarrytown and Oyster Landing residents.
  • H-E-B Village at Westlake: The primary hub for Westlake/Rollingwood with high-end product selection. Randalls (Quinlan Park): Serves Steiner Ranch and River Place communities.

Boutiques & Retail Centers

  • Davenport Village: Near the 360 Bridge featuring upscale local boutiques, pharmacy, and dining like Maudie's Tex-Mex.
  • Westbank Market (Westlake): A major hub with grocery, luxury gyms, bookshops, and high-end services.
  • Casis Village (Tarrytown): Historic small shopping strip with classic pharmacy, toy store, and boutique clothing.

Major Shopping Destinations (15-20 Minutes)

  • The Domain: Luxury fashion (Louis Vuitton, Gucci, Neiman Marcus).
  • Barton Creek Square: Closest traditional indoor mall near Westlake.

 

Parks and Recreation

  • Emma Long Metropolitan Park: A massive park on the shores offering camping, boat ramps, and beach access. Popular for family gatherings and water recreation.
  • Pennybacker Bridge (Loop 360): The cliffs overlooking the bridge are a popular (though steep) hiking spot for sunset views of the lake canyon.
  • Austin Country Club: Located on the Davenport side, this premier private club features a Pete Dye-designed golf course running along the water, tennis courts, and marina. Home to the WGC-Dell Technologies Match Play.
  • Water Sports & Recreation: The constant water level makes Lake Austin ideal for wakeboarding, waterskiing, wake surfing, kayaking, and fishing. The lake is a premier trophy bass fishing destination. The cool water (released from Lake Travis bottom) provides relief during hot summers.

 

Schools and Education

Eanes Independent School District

The south and west shores of Lake Austin fall within Eanes ISD, consistently ranked among the top school districts in Texas and nationally. Eanes ISD was ranked #7 in the nation and #1 in Texas by Niche.

Westlake High School: Ranked #412 nationally and #52 in Texas by U.S. News (2024-2025). The school boasts a 99% graduation rate, average SAT score of 1275, and 74% AP participation rate. All nine Eanes ISD schools received top state and national rankings, with Westlake named #19 best public high school in the nation and #1 in Texas by some rankings.

Elementary Schools: All six Eanes elementary schools (including Barton Creek, Bridge Point, Cedar Creek, Eanes, Forest Trail) were named among the top 20 in Texas.

Middle Schools: West Ridge Middle School ranked #2 in Texas; Hill Country Middle School ranked #3.

Austin ISD

The north and east shores often fall into Austin ISD, which has lower ratings than Eanes. This school boundary difference can drive 20-30% price variations between otherwise comparable homes.

 

Commute and Accessibility

Key Arteries & "Choke Points"

  • Loop 360 (Capital of Texas Hwy): The primary north-south artery, scenic but prone to heavy congestion during rush hour, particularly at the Pennybacker Bridge.
  • Bee Cave Road (RM 2244): The main vein for the Westlake side (south shore), flowing directly into Mopac (Loop 1) and providing the fastest downtown route for southern residents.
  • RM 2222: The winding, cliffside road serving the northern/eastern shores. Famous for hairpin turns and dangerous in wet weather; connects the lake to Mopac and tech corridors.

Commute Times (Estimates)

  • To Downtown Austin: From Tarrytown/Oyster Landing (East End): 5-10 minutes. From Westlake/Rollingwood (South End): 10-15 minutes. From 360 Bridge Area (North End): 20-25 minutes.
  • To Austin-Bergstrom Airport (AUS): 25-35 minutes via Loop 360 south to Highway 71.
  • To "Silicon Hills" (Tech Hubs): From North Shore: 15 minutes to The Domain/Apple Campus. From South Shore: 25-30 minutes (requires crossing the river).

The "Water Taxi" Reality

Many residents use boats to "commute" to dinner on Friday nights to avoid traffic. Traveling by boat from the 360 Bridge area to Hula Hut is a legitimate and popular transportation mode.

 

Why People Love Lake Austin

  • Vacation-Every-Day Lifestyle: Residents describe living on Lake Austin as "permanent vacation." Morning boat rides, dock-side entertaining, and water sports are daily options, not weekend luxuries. The lifestyle balances total privacy with proximity to urban energy.
  • Constant Water Level Advantage: Unlike Lake Travis, which can drop 40+ feet during droughts, Lake Austin's controlled water level ensures consistent views and reliable boat access year-round. This is a critical quality-of-life factor that justifies premium pricing.
  • Unbeatable Location: The combination of waterfront serenity with 15-20 minute downtown commutes is nearly impossible to replicate elsewhere. Residents avoid the isolation of remote lakes while enjoying full resort-style amenities.
  • Elite Education: For families, Eanes ISD is a primary draw. The district's consistently top rankings and 99% graduation rate provide peace of mind and long-term property value support.
  • Tight-Knit Community: Despite high property values, the lake fosters genuine community. Neighbors gather at boat docks, participate in water sports together, and maintain long-term relationships. The social boating culture creates natural connection points.

 

Most Coveted Streets & Estates

The "Old Money" Gold Standard (Tarrytown Side)

Scenic Drive: Widely considered the most prestigious street on the lake. It runs parallel to the water near Tom Miller Dam with historic, understated wealth. Homes feature flat lots, massive oak trees, and sit only minutes from downtown.

Mount Bonnell Road: Be careful—some homes are "view only" (high on cliff) while others are "waterfront" (at the bottom). The waterfront lots are rare and highly prized for sunset views over opposite cliffs.

The "Westlake Waterfront" (South Side)

Westlake Drive: The "Main Street" of luxury lake living, featuring a mix of mid-century modern tear-downs and $15M+ contemporary compounds. Located in top-rated Eanes ISD. Even-numbered addresses are typically on the water.

Stratford Drive: Near Red Bud Isle, these homes feel like nature preserves yet sit shockingly close to downtown. Views of the city skyline from boat docks are possible here—a rarity elsewhere on the lake.

The "Hidden Gems" & Gated Enclaves

The Island (Island Cove/Island Ave): A gated community on an actual isthmus near the 360 Bridge with canals and Mediterranean architecture. It feels like a separate village and offers some of the most secure, lock-and-leave waterfront living.

Manana Street: Located on the north side, famous for towering Bald Cypress trees lining the water, creating a "tunnel of green." Feels much more rural and quiet than Scenic Drive.

Watersedge Drive: A small, flat pocket near Mount Bonnell. One of the few Tarrytown locations with wide, flat, grassy lawns leading to water rather than steep stairs.

 

Who is Lake Austin For?

Professionals Seeking Work-Life Balance: Lake Austin is ideal for executives, entrepreneurs, and professionals who want to decompress without sacrificing career proximity. The 15-20 minute downtown commute allows genuine waterfront living without remote isolation.

Families Prioritizing Elite Education: Families drawn to Eanes ISD's top rankings and seeking active outdoor lifestyles will thrive here. The community is family-oriented with high engagement in schools, sports, and neighborhood activities.

Water Sport Enthusiasts: Serious boaters, waterskiers, and fishing enthusiasts benefit from the constant water level and year-round access. The narrow lake creates ideal conditions for wake sports.

Luxury Buyers Seeking Scarcity: With only 22 miles of finite shoreline, Lake Austin offers exclusivity that can't be replicated. Buyers seeking trophy properties with long-term value retention due to limited supply will appreciate this market.

Retirees Wanting Proximity Without Compromise: Retirees seeking serene waterfront living without remote isolation will find Lake Austin ideal. Access to Austin's cultural amenities, healthcare, and social opportunities remains convenient.

Welcome to Lake Austin, TX Lake Austin is a 22-mile ribbon lake winding through limestone canyons between Mansfield Dam and downtown Austin. This is where wealthy professionals escape urban intensity without leaving the city—waterfront estates with private boat docks sit minutes from the Texas State Capitol. Unlike neighboring Lake Travis, Lake Austin maintains a constant water level year-round, creating lush shorelines and reliable boat access. The lifestyle centers on lakefront entertaining, water sports, and social boating to boat-accessible restaurants like Ski Shores Cafe and Hula Hut. The south shore falls within the elite Eanes Independent School District, one of Texas's top-rated systems. Homes range from $600k condos with lake views to $25M waterfront compounds with private docks. The market operates as its own luxury micro-market, largely insulated from broader Austin trends due to finite shoreline and high barriers to entry. Who Lives Here Established Professionals & Executives: C-suite executives, tech entrepreneurs, and business leaders dominate Lake Austin. The location provides a rare combination: waterfront retreat with 15-20 minute commutes to downtown Austin or the Silicon Hills tech corridor. Days start with sunrise boat rides before heading to the office; evenings involve entertaining on waterfront patios. Active Families: Families gravitate here for Eanes ISD, consistently ranked among Texas's top school districts. Life revolves around outdoor recreation—wakeboarding, waterskiing, and neighborhood gatherings at private docks. The community is tight-knit with high participation in sports and school events. Affluent Retirees: The lake offers serene living without isolation. The constant water level ensures consistent views and boat access year-round—a critical advantage over Lake Travis, which fluctuates dramatically during droughts. Many retirees maintain memberships at Austin Country Club, home to the WGC-Dell Technologies Match Play. Second-Home Buyers: Wealthy buyers from Houston, Dallas, and out-of-state purchase properties as weekend getaways. These residents treat homes as sanctuaries for holidays and long weekends, focusing entirely on relaxation and water sports. Location & Geography Boundaries & Definition: Lake Austin is a river-like reservoir on the Colorado River, not a traditional round lake. It stretches 22 miles from Mansfield Dam (below Lake Travis) to Tom Miller Dam (just west of downtown), rarely exceeding 1,000 feet in width. Proximity to Major Cities: The eastern end sits 5-7 miles from the Texas State Capitol and downtown business district. Austin-Bergstrom International Airport is 20-30 minutes by car. The affluent independent cities of West Lake Hills and Rollingwood border the southern shores. Terrain & Topography: The lake cuts through the Balcones Escarpment, marking the transition from coastal plains to Texas Hill Country. Steep limestone cliffs flank large sections of shoreline, particularly near the Pennybacker Bridge (Loop 360). Other areas feature gently sloping lawns leading to the water. Tributary creeks like Bull Creek create lush, canyon-like micro-environments. Climate: Subtropical climate with hot summers (95-100°F) and mild winters. The lake water stays consistently cool because it's released from the bottom of Lake Travis. Year-round boating and outdoor living are possible, with lows rarely dipping below freezing. Natural Surroundings: The constant water level supports lush vegetation right to the water's edge. Banks are lined with massive Bald Cypress trees (roots extending into water), Live Oaks, and Sycamores. The area is habitat for Great Blue Herons, turtles, and trophy bass. Real Estate Market Snapshot (Early 2026) Lake Austin operates as a distinct micro-market separate from broader Austin trends. While the general Austin market has cooled with median prices around $430,000-$440,000 (down from $550,000 peak in 2022), Lake Austin waterfront remains a scarcity-driven luxury asset class. Home Prices: Entry-level condos and view homes without water access: $600k-$1.2M. Direct waterfront homes start at $4M-$5M for older properties or difficult lots. Prime flat lots with modern estates range $8M-$15M+, with ultra-exclusive properties reaching $25M. The 2025 record was a $13.95M sale, with price per square foot hitting $2,380 on Lake Austin. Inventory Trends: Inventory remains historically tight due to finite shoreline (approximately 22 miles). However, levels have risen compared to the 2021-2022 frenzy. Buyers now see multiple options instead of properties vanishing within 24 hours. Days on Market: Days on market have extended significantly. Luxury estates commonly sit 60-120+ days, often due to aggressive pricing testing the market's ceiling. The luxury market median is around 45 days for attached homes. Appreciation Trends: After explosive early 2020s growth, appreciation has flattened. Prices are stable but not spiking. The market is in "price discovery" mode as sellers adjust to less frantic buyer pools. Market Conditions: The market is balanced with slight buyer advantage. Buyers have negotiating leverage for the first time in years, particularly on homes needing renovation or with difficult topography. Sellers of turnkey, flat-lot estates still command firm pricing, but bidding war culture has evaporated. Properties are selling at approximately 95% of list price. Types of Homes Available Waterfront Estates (Single-Family): The most coveted properties feature direct water frontage and private boat docks. Buyers choose between flat lots (highly prized for walk-out water access) and cliffside homes (dramatic views but requiring trams or long staircases to reach docks). Architecture ranges from Mediterranean villas of the 1990s/2000s to ultra-modern glass-walled contemporaries popular in the last decade. View Homes (Hillside): Located in neighborhoods like Westlake Hills, Mount Bonnell, or Steiner Ranch, these homes offer panoramic canyon views but lack direct water access. Owners typically keep boats at marinas like Austin Country Club or public facilities. Waterfront Condos & Townhomes: The "affordable" entry point for lake lifestyle without the $5M price tag or maintenance burden. Key communities include The Island (a gated isthmus near the 360 Bridge with Mediterranean-style units, canals, and boat slips) and Oyster Landing area (condos near Hula Hut and Mozart's Coffee appealing to younger demographics). "Tear-Down" Opportunities: Older 1960s/70s fishing cabins or modest ranch homes are frequently sold for land value alone, priced in the millions just for water frontage and development potential. Factors to Consider When Buying Boat Dock Regulations (Crucial): Never assume you can build or expand a dock. The City of Austin enforces strict shoreline setbacks (often 75 feet) and impervious cover limits. Adding a second story or widening a dock requires complex site plan approval taking 6-12+ months. If a property has a grandfathered non-conforming dock, rebuilding means losing that status and conforming to stricter modern rules. Check for hydrilla and milfoil history—some coves are prone to invasive weeds affecting swimming and boat access. Flood Zones & Insurance: The 25-year floodplain is critical on Lake Austin. The city prohibits new construction in this zone, and renovation is often limited to 50% of structure value. Flood insurance is mandatory for financing in flood zones. Even cash buyers should carry it. Premiums range $5k-$20k+ annually depending on elevation. Short-Term Rental (STR) Rules: Austin has effectively banned new Type 2 (non-owner occupied) STRs in residential areas. To Airbnb a property, you must generally live there more than 51% of the time (Type 1). Enforcement is strict, and neighbors in these tight-knit communities often report violators. Wildfire Risk (WUI): The canyon creates a "chimney effect" that can accelerate fire spread. Many insurers now require wildfire hardening (clearing brush, metal roofs, enclosed eaves) before writing policies. Verify insurability during your option period—do not wait until closing. School Boundaries: The lake forms a boundary between districts. The south/west side (Westlake) typically falls into top-rated Eanes ISD. The north/east side often falls into Austin ISD. This single factor can drive 20-30% price differences for otherwise similar homes. Factors to Consider When Selling Seasonality: The waterfront market often sees a second peak in early autumn (September/October). Buyers want to be in before summer or prefer pleasant touring weather over heat exhaustion. Selling January/February is difficult—trees are bare, grass is dormant, and lake lifestyle appeal is at its visual lowest. Pricing Strategy: Aggressively market the constant water level. This is your biggest competitive advantage over Lake Travis, where docks can sit on dirt during droughts. Comparable sales are challenging because no two lots are alike—flat lots command significantly more than cliffside lots. Pricing must be based on utility (ease of water access) rather than just square footage. Staging Trends & "Hardening": If you have a boat lift, ensure it works. Stage the dock with high-end outdoor furniture, fresh towels, and a cooler—you're selling the dock as much as the living room. Clearing dead cedar trees and brush improves views and signals wildfire defensibility, a major psychological hurdle for modern buyers. Upgrades That Increase Value: If your slip is shallow, pay to have it dredged before listing. A functional "deep water" slip is a key selling point. If you have a steep lot with a tram, service it—a broken or noisy tram is a deal-killer. Outdoor kitchens offer high ROI; buyers here expect to cook and entertain outside. Dining and Entertainment Waterfront Dining (Boat Accessible) Ski Shores Cafe: An Austin institution recently revitalized by MML Hospitality. It retains its 1950s casual vibe with burgers and frozen margaritas but offers elevated food quality. A primary social hub for lake residents. Quince Lakehouse: The newest hotspot at Oyster Landing offering global collective cuisine (sushi, steak, seafood) with upscale lounge atmosphere and panoramic water views. Hula Hut: A longtime favorite at Oyster Landing serving "Mex-Polynesian" food with a colorful pier extending over the water—perfect for sunsets. Mozart's Coffee Roasters: Famous for its massive lakeside deck and annual Christmas Light Show. A dry venue (coffee and bakery) serving as a community "living room." County Line on the Lake: Located on Bull Creek tributary, this historic BBQ joint is boat-accessible (water level permitting) and famous for turtle-filled creek and oversized ribs. Nearby Off-Water Dining Tarrytown (East Side): The Beer Plant, 68 Degrees, Pool Burger. Westlake (South/West Side): The Grove Wine Bar, Sway, Village at Westlake dining. Steiner Ranch (North End): Steiner Ranch Steakhouse offers high-elevation views looking down on the lake. Entertainment & Recreation The lake itself is the primary entertainment. Weekends involve boats rafting up in "Party Cove" near the 360 Bridge. Austin Country Club (on the Davenport side) features a Pete Dye-designed lakefront golf course, tennis courts, and marina. Emma Long Metropolitan Park offers camping, boat ramps, and beach access. The cliffs overlooking Pennybacker Bridge provide popular hiking and sunset views. Shopping The protected residential shoreline has no shopping malls. Residents shop at hubs 5-10 minutes from their lake section. Grocery & Daily Needs H-E-B on Lake Austin Blvd: Recently redeveloped into a modern, multi-level flagship serving Tarrytown and Oyster Landing residents. H-E-B Village at Westlake: The primary hub for Westlake/Rollingwood with high-end product selection. Randalls (Quinlan Park): Serves Steiner Ranch and River Place communities. Boutiques & Retail Centers Davenport Village: Near the 360 Bridge featuring upscale local boutiques, pharmacy, and dining like Maudie's Tex-Mex. Westbank Market (Westlake): A major hub with grocery, luxury gyms, bookshops, and high-end services. Casis Village (Tarrytown): Historic small shopping strip with classic pharmacy, toy store, and boutique clothing. Major Shopping Destinations (15-20 Minutes) The Domain: Luxury fashion (Louis Vuitton, Gucci, Neiman Marcus). Barton Creek Square: Closest traditional indoor mall near Westlake. Parks and Recreation Emma Long Metropolitan Park: A massive park on the shores offering camping, boat ramps, and beach access. Popular for family gatherings and water recreation. Pennybacker Bridge (Loop 360): The cliffs overlooking the bridge are a popular (though steep) hiking spot for sunset views of the lake canyon. Austin Country Club: Located on the Davenport side, this premier private club features a Pete Dye-designed golf course running along the water, tennis courts, and marina. Home to the WGC-Dell Technologies Match Play. Water Sports & Recreation: The constant water level makes Lake Austin ideal for wakeboarding, waterskiing, wake surfing, kayaking, and fishing. The lake is a premier trophy bass fishing destination. The cool water (released from Lake Travis bottom) provides relief during hot summers. Schools and Education Eanes Independent School District The south and west shores of Lake Austin fall within Eanes ISD, consistently ranked among the top school districts in Texas and nationally. Eanes ISD was ranked #7 in the nation and #1 in Texas by Niche. Westlake High School: Ranked #412 nationally and #52 in Texas by U.S. News (2024-2025). The school boasts a 99% graduation rate, average SAT score of 1275, and 74% AP participation rate. All nine Eanes ISD schools received top state and national rankings, with Westlake named #19 best public high school in the nation and #1 in Texas by some rankings. Elementary Schools: All six Eanes elementary schools (including Barton Creek, Bridge Point, Cedar Creek, Eanes, Forest Trail) were named among the top 20 in Texas. Middle Schools: West Ridge Middle School ranked #2 in Texas; Hill Country Middle School ranked #3. Austin ISD The north and east shores often fall into Austin ISD, which has lower ratings than Eanes. This school boundary difference can drive 20-30% price variations between otherwise comparable homes. Commute and Accessibility Key Arteries & "Choke Points" Loop 360 (Capital of Texas Hwy): The primary north-south artery, scenic but prone to heavy congestion during rush hour, particularly at the Pennybacker Bridge. Bee Cave Road (RM 2244): The main vein for the Westlake side (south shore), flowing directly into Mopac (Loop 1) and providing the fastest downtown route for southern residents. RM 2222: The winding, cliffside road serving the northern/eastern shores. Famous for hairpin turns and dangerous in wet weather; connects the lake to Mopac and tech corridors. Commute Times (Estimates) To Downtown Austin: From Tarrytown/Oyster Landing (East End): 5-10 minutes. From Westlake/Rollingwood (South End): 10-15 minutes. From 360 Bridge Area (North End): 20-25 minutes. To Austin-Bergstrom Airport (AUS): 25-35 minutes via Loop 360 south to Highway 71. To "Silicon Hills" (Tech Hubs): From North Shore: 15 minutes to The Domain/Apple Campus. From South Shore: 25-30 minutes (requires crossing the river). The "Water Taxi" Reality Many residents use boats to "commute" to dinner on Friday nights to avoid traffic. Traveling by boat from the 360 Bridge area to Hula Hut is a legitimate and popular transportation mode. Why People Love Lake Austin Vacation-Every-Day Lifestyle: Residents describe living on Lake Austin as "permanent vacation." Morning boat rides, dock-side entertaining, and water sports are daily options, not weekend luxuries. The lifestyle balances total privacy with proximity to urban energy. Constant Water Level Advantage: Unlike Lake Travis, which can drop 40+ feet during droughts, Lake Austin's controlled water level ensures consistent views and reliable boat access year-round. This is a critical quality-of-life factor that justifies premium pricing. Unbeatable Location: The combination of waterfront serenity with 15-20 minute downtown commutes is nearly impossible to replicate elsewhere. Residents avoid the isolation of remote lakes while enjoying full resort-style amenities. Elite Education: For families, Eanes ISD is a primary draw. The district's consistently top rankings and 99% graduation rate provide peace of mind and long-term property value support. Tight-Knit Community: Despite high property values, the lake fosters genuine community. Neighbors gather at boat docks, participate in water sports together, and maintain long-term relationships. The social boating culture creates natural connection points. Most Coveted Streets & Estates The "Old Money" Gold Standard (Tarrytown Side) Scenic Drive: Widely considered the most prestigious street on the lake. It runs parallel to the water near Tom Miller Dam with historic, understated wealth. Homes feature flat lots, massive oak trees, and sit only minutes from downtown. Mount Bonnell Road: Be careful—some homes are "view only" (high on cliff) while others are "waterfront" (at the bottom). The waterfront lots are rare and highly prized for sunset views over opposite cliffs. The "Westlake Waterfront" (South Side) Westlake Drive: The "Main Street" of luxury lake living, featuring a mix of mid-century modern tear-downs and $15M+ contemporary compounds. Located in top-rated Eanes ISD. Even-numbered addresses are typically on the water. Stratford Drive: Near Red Bud Isle, these homes feel like nature preserves yet sit shockingly close to downtown. Views of the city skyline from boat docks are possible here—a rarity elsewhere on the lake. The "Hidden Gems" & Gated Enclaves The Island (Island Cove/Island Ave): A gated community on an actual isthmus near the 360 Bridge with canals and Mediterranean architecture. It feels like a separate village and offers some of the most secure, lock-and-leave waterfront living. Manana Street: Located on the north side, famous for towering Bald Cypress trees lining the water, creating a "tunnel of green." Feels much more rural and quiet than Scenic Drive. Watersedge Drive: A small, flat pocket near Mount Bonnell. One of the few Tarrytown locations with wide, flat, grassy lawns leading to water rather than steep stairs. Who is Lake Austin For? Professionals Seeking Work-Life Balance: Lake Austin is ideal for executives, entrepreneurs, and professionals who want to decompress without sacrificing career proximity. The 15-20 minute downtown commute allows genuine waterfront living without remote isolation. Families Prioritizing Elite Education: Families drawn to Eanes ISD's top rankings and seeking active outdoor lifestyles will thrive here. The community is family-oriented with high engagement in schools, sports, and neighborhood activities. Water Sport Enthusiasts: Serious boaters, waterskiers, and fishing enthusiasts benefit from the constant water level and year-round access. The narrow lake creates ideal conditions for wake sports. Luxury Buyers Seeking Scarcity: With only 22 miles of finite shoreline, Lake Austin offers exclusivity that can't be replicated. Buyers seeking trophy properties with long-term value retention due to limited supply will appreciate this market. Retirees Wanting Proximity Without Compromise: Retirees seeking serene waterfront living without remote isolation will find Lake Austin ideal. Access to Austin's cultural amenities, healthcare, and social opportunities remains convenient.
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