I have sold many homes on Lake Travis from the exclusive Peninsula on the South shores to the Hollows on the North shores.
Find luxury property, condos, townhomes, houses & homes for sale in Lake Travis with the real estate agent & realtor Kathryn Scarborough.
Lake Travis, TX Housing Market Overview
Homes in Lake Travis, Texas are currently favoring buyers: as of June 2025 the median sold price fell 4.7% year‑over‑year to $777,500 (about $274/ft²), with inventory rising—532 homes listed, up nearly 10% month‑over‑month—while sales slowed, with just 41 closings (a 12.8% decline from May), and 73% of homes selling below asking price. Additionally, days on market are increasing, averaging about 64 days (up 15.7% YoY), indicating homes are staying longer on the market. In luxury segments—like Waterford on Lake Travis—high-end prices remain robust, with median sales around $1.5 million, although that reflects a niche market with extended listing times. Overall, Lake Travis presents a buyer’s market with moderate price corrections, growing selection, and slower sales pace
Lake Travis’s housing market has shifted into a more favorable position for buyers, with overall inventory up, homes staying on market longer, and median sale prices dipping. However, competitiveness varies by submarket: in luxury enclaves like Waterford on Lake Travis, the Redfin Compete Score shows a moderate 37/100—homes typically sell near list, in about 55–60 days, and may receive a few offers, though not frequently going above asking price. In contrast, broader Lake Travis areas show slower turnover and more negotiating leverage for buyers, with fewer bidding wars and a more deliberate sales pace.
Lake Travis’s housing market continues transforming into a buyer-leaning landscape—with elevated inventory and slower sales creating more opportunity for both sides: buyers gain leverage for negotiations, while sellers aiming for success must price competitively and stage effectively. Notably, one-bedroom homes in the broader Lake Travis area saw a surprising 23% year-over-year price increase, while two- and three-bedrooms declined by about 20% and 9%, respectively—suggesting varying demand across segments. Submarkets like Tessera on Lake Travis reflect this trend too: inventory climbed 35% in June, and median price surged over 21% since May, though volume remains low (only two homes sold), so listing timing matters. Overall, it’s a strategic moment for buyers—stretched selection and flexibility—as well as a wake-up call for sellers to choose the right niche, optimize presentation, and adjust pricing to stand out,
If you're considering buying a home in Lake Travis, TX, reach out today. Whether you need neighborhood comparisons, market data, or help finding the perfect property, we're here to guide you every step of the way. Let’s make your Lake Travis, TX move seamless and informed.
Lake Travis is an LCRA-managed reservoir, so levels fluctuate with rainfall, releases, and demand. That directly affects livability and value.
Dock usability year-round: In drought cycles, shallow coves can strand fixed docks; deep-water frontage and floating docks maintain access longer. Ask for historical depth at the property’s dock location, not just the main-lake reading.
Cove vs. main-body trade-offs: Coves offer calmer water and less traffic but are more sensitive to drawdowns; main-body often has better depth and views but more wake and noise.
Slope and access: Significant elevation changes can require long stair runs or trams; verify the practicality and maintenance of access in both low- and high-water conditions.
Insurance and risk: Low-lying improvements and dock systems may face higher exposure to storm/wake damage—review placement, anchoring, and coverage carefully.
Waterfront modifications are not “do as you wish.” Multiple entities can apply: LCRA, county/city, and the HOA.
Dock permitting & specs: Size, mooring, electrical, lighting, and anchoring typically require approval; transfers on resale aren’t always automatic.
Shoreline alterations: Dredging, retaining walls, or vegetation removal can be restricted; violations can be costly to remediate.
Fuel and lifts: Adding fuel systems, PWC ramps, or lifts may trigger separate reviews; confirm before budgeting improvements.
Grandfathering vs. future changes: Older docks may be out of current spec; ensure you understand what happens if you replace or substantially modify.
Different shores feel like different submarkets—pricing, amenities, and commute patterns vary.
South Shore (Lakeway, Rough Hollow, Bee Cave, Hudson Bend): Closer to major retail, dining, medical, and top golf/tennis clubs; often higher price points and newer master-planned amenities; better access to TX-71/RM-620.
North Shore (Lago Vista, Jonestown, Point Venture): Typically more relaxed, with strong community amenities (parks, marinas, golf) and broader affordability; access via RM-1431 with different commute dynamics to Austin/Tech corridors.
Schools & services: Lake Travis ISD vs. Lago Vista ISD (and pockets of Leander/Marble Falls) influence demand; verify district lines and bus routes property by property.
Taxes & HOAs/MUDs: City limits, ETJ, MUDs/PUAs, and HOA layers can change tax rates, utility providers, and rules—budget accordingly.
Infrastructure varies widely around the lake; this is not a one-size-fits-all suburban grid.
Septic prevalence: Many waterfront homes use on-site septic. Require a current inspection, age/capacity check, and realistic replacement/repair costs—tight lots and slopes can complicate future upgrades.
Public water vs. wells: Some areas tap public systems; others rely on wells. Water pressure, quality, and capacity constraints can differ by subdivision and elevation.
Irrigation & lake-water use: Pumping from the lake may need specific permissions and backflow prevention; drought restrictions can limit use—confirm before installing landscaping plans.
Future expansion: Adding bedrooms, pools, casitas, or STR conversions can stress septic and water capacity; design plans around actual utility limits.
A “lake life” purchase should be audited for how you actually get on the water—every weekend, not just on closing day.
Slip availability & waitlists: Popular marinas (e.g., Lakeway/Rough Hollow, Hurst Harbor, VIP, Northshore, Emerald Point) can have waitlists; verify before assuming a slip. Private dock vs. marina slip dramatically changes convenience.
Ramp proximity & parking: HOA/private ramps can save time; trailer storage is often restricted inside communities—confirm rules and nearby storage options.
Wake/no-wake realities: Families with small kids or paddlecraft may prefer protected coves; wake-sport buyers might prioritize quick access to broader, calmer reaches at certain times.
Fuel, service & safety: Map the nearest fuel docks, service shops, patrol coverage, and typical weekend traffic patterns; this affects ongoing enjoyment and cost.
The same terrain that delivers epic views also drives construction complexity and long-term maintenance.
Engineering & foundations: Steep, limestone slopes can require piers, retaining walls, and drainage systems—review reports and warranties; budget higher for remodels/additions.
Sun, wind & glare: Western exposure can be hot and bright on summer afternoons; orientation, glazing, and shading matter for comfort and energy bills.
Access & aging-in-place: Multi-level footprints, long stairs to the dock, and limited garage/driveway turnarounds can be daily pain points; evaluate practicality for your household.
Wildland-urban interface: Vegetation management, ember-resistant details, and defensible space are prudent in hillside settings; confirm insurability and mitigation steps.
Lake Travis offers a unique blend of natural beauty, luxury living, and investment potential. Whether you’re searching for your perfect home or considering a property investment, we’re here to help. If you have any questions or are ready to explore the available homes in this sought-after area, don’t hesitate to reach out. Contact us today and take the first step toward owning a property in Lake Travis, TX!
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Kathryn knows Austin and specializes in sales and marketing of the finest waterfront and luxury estate homes, premiere golf course communities, central Austin, and downtown high-rise living. No job is too small and no task is unattainable. Contact us to achieve the impossible!