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Lake Travis is one of the best areas in the U.S. to own waterfront property. If you haven’t seen it, you might not believe it!
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Lake Travis waterfront home,Lake Travis real estate,Austin
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Lake Travis is a very popular place to own waterfront property. Just west of Austin, Lake Travis starts at Mansfield Dam and winds about 63 miles through the Central Texas Hill Country. Because of its proximity to Austin, its very clear water and the added drama of being in the Hill Country, Lake Travis waterfront property is very desirable.
The south shore of Lake Travis is a more popular place to own a waterfront home than the north shore. This is because the south shore is closer to downtown Austin and the airport. It also has quick access to much more shopping. Communities on the south shore include Lakeway, The Village of The Hills, Briarcliff, Hudson Bend and Spicewood.
There are some very exclusive gated communities on the south shore of Lake Travis. Costa Bella and Vineyard Bay are the closest to downtown Austin. Angel Bay, The Coves on Lake Travis, Barton Creek Lakeside and Lakecliff are also fabulous gated communities, but they are farther out on Lake Travis. The city of Lakeway has some of most spectacular waterfront homes on Lake Travis.
In 2005 there were 91 waterfront homes sold in the Lake South area of the Austin MLS. This is basically the south shore of Lake Travis. A could may have snuck in there that are actually on a pond or creek, but most were Lake Travis waterfront or Pedernales River (which runs into Lake Travis) waterfront homes. The average sold price per square foot was just over $341. That gives the reader a good idea of the value of a waterfront home on Lake Travis.
Waterfront lots on the south shore of Lake Travis have become scarce and expensive. Current Lake Travis waterfront lot listings are priced from around $500,000 to over $3 million.
Because south side properties have become a bit scarce and more expensive, the north shore has started to become more attractive. The north shore has not developed like the south shore has in terms of nicer subdivisions and shopping, but that is changing. Much of the north side of Lake Travis will be from 20 minutes to an hour farther from downtown Austin than the south shore. So anyone buying there needs to keep this in mind
There are a lot of places in the U.S. in which to own great lake property. Lake Travis is truly one of the best. See more at Lake Travis and Austin, Texas real estate