Lakeway is a beautiful city in Texas Hill Country. Hill Country is one of the most attractive regions in Texas. Lakeway's climate and proximity to Lake Travis makes it a perfect place for outdoor activities all year round.
Location
Lakeway is in Texas Hill Country. It is said that Texas Hill Country is like a whole other state! It is a hilly, beautiful, 14,000 square mile area in the heart of Texas, encompassing 51 cities/towns.
Lakeway is a suburb of Austin located in Travis County, Texas. Austin is 16 miles away and San Antonio is 73 miles away. Dallas is 181 miles away, Houston is 163 miles away and Corpus Christi and the Gulf of Mexico is 181 miles away.
Airports
The major airport serving Lakeway, Texas is the Austin-Bergstrom International Airport that is approximately 25 miles from Lakeway. Airlines serving at the Austin-Bergstrom International Airport include JetBlue, American Airlines, Northwest Airlines, Continental Airlines, Delta, and Frontier Airlines. Also included are America West Airlines and United Airlines.
Other public use airports near Lakeway include Lakeway Airpark, 2 miles away, Lago Vista – Rusty Allen Airport, 9 miles away, and Spicewood Airport, about 12 miles away.
Lakeway Airpark is a privately owned not for profit public use airport for residents and guests of Lakeway.
Terrain
The Colorado River winding through Texas Hill Country, limestone canyons, towering oaks and cedars, lots of wildlife, and clear streams still make up the scenery in Lakeway and the surrounding area. Housing communities are pleasantly nestled amidst the natural beauty.
The land area of Lakeway is 6.1 square miles. The total area is 4.45% water. The 2 creeks in Lakeway are Hurst Creek and Yaupon Creek. The city is located near Lake Travis.
Lake Travis is 63.75 miles long, and its maximum width is 4.5 miles. The lake covers 18,929 acres. Lake Travis was created by the impounding of the Colorado River due to the construction of the Mansfield Dam. Lake Travis gives residents of Lakeway and the surrounding area great water sport opportunities.
Population
As of 2004, the estimated population of Lakeway is 8,404 people, which is a 5% increase since 2000.
The population of Lakeway is well educated with 99% having a high school diploma, 57% having a Bachelors degree and 19% having a graduate or professional degree.
Jobs
Lakeway residents have all the employment opportunities of Austinites as Austin is only 16 miles away. Austin's biggest employers include the State of Texas, the University of Texas, Dell, IBM, and Freescale Semiconductor (spun off from Motorola in 2004). Other high-tech companies in Austin include Apple Computer, Vignette, AMD, Intel, Motive Inc, Cirrus Logic, Samsung, National Instruments, United Devices and Sun Microsystems.
Industries providing employment for Lakeway residents include Education, Health and Social Services (16%), Professional, Scientific, Management, Administrative (15%), Finance, Insurance, Real Estate (13%), and Manufacturing (10%).
The average household income in Lakeway is significantly above the state average.
Unemployment in Lakeway is low at 3.8%
The average travel time to work for Lakeway residents is 31 minutes.
Colleges/Universities
Colleges and universities near Lakeway include Saint Edward’s University, 17 miles away; The University of Texas at Austin, 18 miles away; Austin Community College, 19 miles away; and Southwest Texas State University, 34 miles away.
Housing
Lakeway is a gorgeous area that features lovely estates and high-end country club homes with golf course views. Many families are looking for a city such as Lakeway that is outside the hubbub of the big city and many professionals and retirees are looking for resort communities. Lakeway has what they are looking for!
However, more modest single-family homes, condos, townhomes, rentals, waterfront homes, and land for development are all available in Lakeway. Many newly constructed homes are available, as well.
Home prices range from the low $200’s to over 2 million. The average sale price for a home in Lakeway is approximately $360,000.
Historic Tidbits
One of Lyndon Johnson’s first accomplishments as congressman in Texas was to push through a bill to authorize the construction of Mansfield Dam that is located near Lakeway.
Heritage Park is the home of the Spirit of Freedom Memorial and the Varner History Center. The Spirit of Freedom Memorial was erected in memory of all the veterans of Lakeway.
The Varner History Center building contains some original elements of the oldest standing building in Lakeway. This authentic rock room was once part of a Josey Ranch shack that housed guests who were crossing the wild Colorado river before the creation of the Mansfield dam.
Lakeway still has evidence of the native people who lived there prior to the coming of the white man, as many Indian mounds are located in the area. Indians native to the area were the Tonkawas, who made pottery and used the abundant supply of flint to make arrows and tools. Commanches from the High Plains,Apaches and Mescaleros from the San Angelo area eventually drove the Tonkawas away.
Parks/Sports/Recreation/Golf
Nearby Lake Travis offers endless opportunities for sport enthusiasts including fishing, sailing, boating, and windsurfing. Lake Travis maintains marina facilities and parks that make it a great destination for outdoor fun.
The City of Lakeway has excellent parks and recreation facilities including the Lakeway Swim Center, and 8 beautiful city parks.
City Park can be reached by water from Hurst Creek Cove on Lake Travis. The park has nearly two miles of trails, lake access, a Butterfly Garden, playgrounds for all ages, and picnic areas.
The Canyonlands is Lakeway's newest park. The Canyonlands is aptly named for the scenic canyon running through the property. The trails have breath-taking views.
Lakeway has top-notch golf courses including the Lakeway Golf Club, the Hills of Lakeway, a Jack Nicklaus signature golf course, and the Lakeway Resort Live Oak and Yaupon Courses.
Special Attractions/Events
The City of Lakeway and its organizations holds many events throughout the year including Lights On!, Breakfast with Santa, a Performing Arts Series, and an assortment of classes and recreational activities for all ages.
The Lakeway Activities Center hosts exhibits of the work of local artists and the Viewpoints dinner-speaker series.
Interesting Facts
The Mansfield Dam is Colorado’s main flood control dam located 10 miles outside of Austin. The dam is 266 feet high and 7,089.39 feet long. It is 213 feet thick at its base. It was constructed from 1937 – 1941.
Travis County is named for William Barret Travis, the commander of the Texas forces at the Battle of the Alamo.
Travis County is home to over 25 parks where recreational opportunities include sailing, scuba diving, hiking, fishing, swimming, and so much more.
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