




$600,000
18 Prestonwood Circle, Lakeway, TX, 78734
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About this property
Exceptional custom-built lock-and-leave home in the gated Boulevard at Lakeway community, offering luxury finishes, a detached casita, outdoor living spaces, and a highly desirable Lakeway location. Beautiful wrought-iron entry doors welcome guests into a stunning enclosed courtyard, which serves as the heart of the property and creates an unforgettable first impression. Thoughtfully designed around this private courtyard, the main residence features 2bedrooms, 2 bathrooms, and inviting indoor and outdoor living spaces. A detached 1-bedroom, 1-bath casita provides flexibility as a guest suite, office, studio, gym, or private retreat. Inside, soaring cathedral ceilings, crown molding, custom shutters, built-in bookcases, and abundant natural light create an inviting atmosphere. The open-concept floorplan seamlessly connects the living, dining, and kitchen areas. The kitchen features stainless steel appliances, ample cabinetry, generous counter space, and a large center island ideal. Step outside and enjoy multiple outdoor living spaces, including a private putting green just outside the patio doors. The lock-and-leave lifestyle is unmatched, with gated entry, HOA-maintained lawn care, and easy access to Live Oak Golf Course, Lakeway Swim Center, Lake Travis, shopping, dining, healthcare facilities, hiking and biking trails throughout the Lakeway area. Significant recent improvements include a new roof installed in November 2024, replacement of both HVAC systems (March 2024 and December 2024), two electric water heaters installed in July 2024, and a new garbage disposal installed in April 2025.Located within highly acclaimed Lake Travis ISD with convenient access to Highway 71 and Downtown Austin. Rarely does a property combine luxury finishes, private courtyard living, a detached casita, recent updates, and a premier Lakeway location within one of the area's most desirable gated communities. This is Hill Country living at its finest.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Lakeway
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