Lakeway: Is the Market Balanced or Leaning Buyers?
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-12
Deal of the Week

This week's 5 best values under $1,000,000, ranked by the ALEX deal score:
1. 15403 Gebron DR, Lakeway TX 78734 · MLS #9483442
Listed at $200,000, 3 bed, 1 bath, 1,296 sq ft. Listed 31% below the ALEX valuation; 45% under the local price per sq ft; price reduced 33% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1172890310/15403-Gebron-DR-Lakeway-TX
2. 113 Indian Bend DR, Lakeway TX 78734 · MLS #6681889
Listed at $699,000, 3 bed, 4 bath, 2,833 sq ft. Listed 6% below the ALEX valuation; 12% under the local price per sq ft; price reduced 12% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1183311971/113-Indian-Bend-DR-Lakeway-TX
3. 406 Hazeltine DR, Lakeway TX 78734 · MLS #7591154
Listed at $614,999, 3 bed, 3.5 bath, 2,752 sq ft. Listed 4% below the ALEX valuation; 13% under the local price per sq ft; price reduced 9% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1180256543/406-Hazeltine-DR-Lakeway-TX
4. 1918 Lakeway BLVD, Lakeway TX 78734 · MLS #1155664
Listed at $759,000, 5 bed, 3.5 bath, 3,051 sq ft. Listed 4% below the ALEX valuation; 5% under the local price per sq ft; price reduced 8% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1180849462/1918-Lakeway-BLVD-Lakeway-TX
5. 124 Firebird ST, Lakeway TX 78734 · MLS #3183863
Listed at $632,000, 3 bed, 3 bath, 2,256 sq ft. Listed 7% below the ALEX valuation; price reduced 16% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1186151462/124-Firebird-ST-Lakeway-TX
Is a Lakeway home buyer's market or seller's market right now? The answer lies in the months of inventory figure. With 4.86 months of supply available based on the pace of 25 closed sales in September, the market is currently balanced. This metric compares the total number of active listings to the rate at which homes are selling each month.
A market typically shifts toward buyers when inventory exceeds six months and leans toward sellers below four months. Lakeway's current figure sits right in the middle, suggesting neither side holds a decisive advantage. While the median closed price of $675,000 is down 2.5% from August, the number of days homes stay on the market has risen significantly to 57 days, up 35.7% from the prior month.
This shift indicates that while demand remains steady enough to keep inventory levels stable, buyers are taking longer to close deals compared to last year when the median time on market was 114 days. The balance suggests a healthy environment where prices are adjusting but not crashing. ALEX Intelligence calculates this classification by dividing the current active count of 136 listings by the monthly closing rate derived from the trailing 12-month data.
For sellers, this balanced state means pricing must be precise to compete with the 57-day average time on market. For buyers, it offers a window to negotiate without the pressure of a rapid bidding war, though inventory levels remain tight compared to historical norms. The market is neither hot nor cold; it is stable.
Want to see this home? Call or text George at 713.918.9951 for a private showing.
Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals.
Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog
MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker.
George Arnold Alexander III, MPA
Director, ALEX Companies
Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al.
Texas License #574878-B · Broker License #565194-BB
Broker, ALEX Real Estate · North Carolina License #367733
Independent Broker, ALEX Real Estate · Colorado License #II.100112456
[email protected] · +1 713.918.9951
Source data: Unlock MLS closed sales, September 2026, n=25
Cover photo: Lake Travis Community Library.jpg by Larry D. Moore, CC BY 4.0, via Wikimedia Commons; darkened, cropped and text added.
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov









