Skip main navigation
Active under contract
    • $625,000

    703 Palos Verdes Dr, Lakeway, TX 78734

    4beds
    3,241sqft
    : 
    $4,349/mo
    Get pre-qualified
    Single Family Residence
    Built in 1994
    0.53 Acres Lot
    $-- Zestimate®
    $193/sqft
    $-- HOA

    What's special

    Rare opportunity in one of Lakeway’s most established and sought after neighborhoods. Tucked away on a secluded oversized lot surrounded by mature trees and luxury properties, this custom one story home offers exceptional privacy, character, and endless potential. Positioned in the heart of old Lakeway, this property provides a rare chance to create a truly spectacular retreat in an area where properties with this level of privacy and lot size are becoming increasingly difficult to find. Spacious living areas, generous layout, and incredible natural surroundings provide the perfect canvas for reimagining the home into a stunning luxury residence while preserving the warmth and charm of its established setting. Whether restoring its original character or creating a completely updated custom estate feel, the possibilities are extraordinary. Conveniently located near Lake Travis, golf courses, marinas, dining, shopping, and highly acclaimed Lake Travis ISD schools. Rarely do opportunities like this become available in such a premier location.
    62 days
    |
    169
    |
    1
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Tamara Nelson (512) 786-2022,

    All City Real Estate Ltd. Co (866) 277-6005

    Source: Unlock MLS,MLS#: 8632399MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bedrooms: 4
      Heating
      • Central, Electric, Exhaust Fan
      Cooling
      • Ceiling Fan(s), Central Air, Electric
      Appliances
      • Included: Built-In Electric Oven, Built-In Electric Range, Dishwasher, Disposal, Microwave, RNGHD
      Features
      • Bar, Built-in Features, Ceiling Fan(s), Corain Counters, Double Vanity, Eat-in Kitchen, Interior Steps, Kitchen Island, Multiple Living Areas, Pantry, Walk-In Closet(s), Washer Hookup
      • Flooring: Tile
      • Windows: Screens
      • Number of fireplaces: 2
      • Fireplace features: Family Room, Living Room, Wood Burning
      Interior area
      • Total interior livable area: 3,241 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Door-Single, Driveway, Garage, Garage Faces Side
      • Garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Deck
      • Exterior features: Gutters Partial, Private Yard
      • Pool features: None
      • Fencing: Back Yard, Wrought Iron
      • Has view: Yes
      • View description: Neighborhood
      • Waterfront features: None
      Lot
      • Size: 0.53 Acres
      • Features: Back Yard, Front Yard, Landscaped, Sprinkler - Automatic, Sprinkler - Back Yard, Sprinklers In Front, Many Trees
      Details
      • Additional structures: None
      • Parcel number: 01397306280000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1994

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Golf, Park
      • Subdivision: Lakeway Sec 27
      HOA
      • Has HOA: No
      Location
      • Region: Lakeway

      Financial & listing details

      • Price per square foot: $193/sqft
      • Tax assessed value: $754,770
      • Annual tax amount: $13,145
      • Date on market: 6/3/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/7/2026Contingent$625,000$193/sqft
        Source: Unlock MLS #8632399 Report a problem
        6/3/2026Listed for sale$625,000$193/sqft
        Source: Unlock MLS #8632399 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,012 +3%$685,627 +10%
        2024$3,895 +16%$623,297 +10%
        2023$3,358 -33.6%$566,634 +10%
        2022$5,057 $515,122 +10%
        2021-- $468,293 +10%
        2020$5,185 +0.3%$425,721
        2019$5,171 -0.6%$425,721 +2.7%
        2018$5,204 $414,578 +1.1%
        2017$5,204 -5%$410,051 +7.8%
        2016$5,476 $380,227 +6.9%
        2015$5,476 $355,566 -2.8%
        2014$5,476 $365,674 +8%
        2013-- $338,496 +2.8%
        2012-- $329,435 -0.2%
        2011-- $330,071 +5.5%
        2010-- $312,737 -14.9%
        2009-- $367,577 +10%
        2008-- $334,161 +10.6%
        2007-- $302,124 +10%
        2006-- $274,658 +1.3%
        2005-- $271,203 +3.7%
        2002$5,432 $261,467
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 78734

        Getting around

        15 / 100
        Car-Dependent
        10 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Serene Hills
        • Middle: Hudson Bend
        • High: Lake Travis
        • District: Lake Travis ISD

        Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

            Nearby cities

            Nearby zip codes

            Other Lakeway Topics

              Search
              Updates
              Favorites
              Plan
              Inbox