Lakeway Highlands Ph 1 Sec 7B, Austin, TX: Homes, Prices & Neighborhood Guide

What types of homes are in Lakeway Highlands Ph 1 Sec 7B?

28 homes sold in Lakeway Highlands Ph 1 Sec 7B from Oct 2025 to Sep 2026; 100% were single-family houses. The typical home has about 3,538 square feet and was built in 2018.

• Single Family Residence: 28 sold (100%)
• New construction: 11% of sales
• Living area: typically 3,538 sq ft; most between 2,951 sq ft and 5,635 sq ft (10th to 90th percentile, 28 homes)
• Year built: typically 2018; most between 2013 and 2023 (10th to 90th percentile, 28 homes)
• Lot size: typically 0.34 acres; most between 0.24 acres and 1.10 acres (10th to 90th percentile, 28 homes)
• Stories: two 75%; one 25%
• Private pool: 43% of homes sold

Closed residential sales in ABOR MLS, Oct 2025 to Sep 2026.

What is the typical price range in Lakeway Highlands Ph 1 Sec 7B?

The median single-family home in Lakeway Highlands Ph 1 Sec 7B sold for $1,157,600 net of seller concessions ($307 per square foot) over Oct 2025 to Sep 2026, across 28 sales; the median home took 41 days to sell.

Resale market study (quartiles) (PDF)

Single-family homes, Oct 2025 to Sep 2026, ABOR MLS. Net price = sale price less seller-paid closing costs and repairs. Figures from the ALEX market statistics model, the same computation as the ALEX valuation report. Information deemed reliable but not guaranteed.

What restaurants and amenities are near Lakeway Highlands Ph 1 Sec 7B?

Within 3 miles of the middle of Lakeway Highlands Ph 1 Sec 7B OpenStreetMap lists 22 restaurants and cafes, 1 grocery stores, 12 parks and nature areas.

• Restaurants and cafes (22 within 3 miles): The Hills Chop House (1.7 mi), Flintrock Falls Club House (2.1 mi), Hops & Thyme (2.8 mi), Pao’s Mandarin House (2.8 mi), Saqura Sushi (2.8 mi)
• Groceries (1 within 3 miles): H-E-B (2.9 mi), Randalls (3.0 mi)
• Parks and nature (12 within 3 miles): Bee Creek Sports Complex (1.1 mi), The Vistas Trail (1.2 mi), Lakeway Swim Center Park (1.2 mi), Lowe Family Legacy Trail (1.2 mi), The Hills Park (1.2 mi)
• Golf (5 within 3 miles): The Hills Country Club (1.7 mi), Live Oak Golf Course (1.8 mi), Flintrock Falls Country Club (2.2 mi), Point Venture Golf Club (2.4 mi), Yaupon Golf Course (2.9 mi)
• Fitness and recreation (5 within 3 miles): The Hills Country Club Sports Complex (1.0 mi), Raw Power Gym (2.0 mi), Crunch Fitness (2.8 mi), Pure Barre (2.9 mi), Orangetheory Fitness (3.0 mi)
• Pharmacies (3 within 3 miles): CVS Pharmacy (2.9 mi), H-E-B Pharmacy (2.9 mi), Walgreens (2.9 mi), Randalls Pharmacy (3.0 mi)
• Hospitals and clinics (5 within 3 miles): Longhorn Dermatology (1.2 mi), Texas Oncology (2.8 mi), Baylor Scott And White Medical Center - Lakeway (3.0 mi), Complete Care - Lakeway (3.0 mi), FastMed Urgent Care (3.0 mi)
• Libraries (1 within 3 miles): Lake Travis Community Library (2.5 mi)

Community features named in listings: Pool (25 listings), Fitness Center (24 listings), Clubhouse (23 listings), Lake (21 listings), Playground (20 listings), Tennis Court(s) (16 listings), Planned Social Activities (16 listings), Park (15 listings), Sport Court(s)/Facility (14 listings), Cluster Mailbox (13 listings), Common Grounds (13 listings), Picnic Area (13 listings).

Named places from OpenStreetMap contributors (ODbL), extract of September 28, 2026; straight-line miles from the middle of the homes sold, not driving distance. A place missing from OpenStreetMap is missing here.

What should someone know before moving to Lakeway Highlands Ph 1 Sec 7B?

Before moving to Lakeway Highlands Ph 1 Sec 7B: 100% of homes sold had a homeowners association; typical dues $176 a month (middle half $137–$264, converted from the billing period listed); the median combined property tax rate on homes sold was 2.1082% (2026 adopted rates, 20 parcels, before exemptions).

• HOA: 100% of homes sold had a homeowners association; typical dues $176 a month (middle half $137–$264, converted from the billing period listed).
• Property tax: The median combined property tax rate on homes sold was 2.1082% (2026 adopted rates, 20 parcels, before exemptions). It sums every taxing unit on the parcel, including a MUD or PID where one levies. Source: county appraisal district records.
• Flood zone (FEMA map): 0 of 17 homes sold sit inside a FEMA Special Flood Hazard Area (1% annual chance) and 0 in the 0.2% annual chance zone. Checked October 25, 2026 against the National Flood Hazard Layer by each home's map point; ask for an elevation certificate on any specific home.
• Flood plain (as listed): 0 of 26 listings answered yes or partial to the MLS flood-plain question.
• Schools named in listings: Elementary: Rough Hollow (Lake Travis ISD), 17 listings; Elementary: Serene Hills (Lake Travis ISD), 10 listings; Middle: Lake Travis (Lake Travis ISD), 28 listings; High: Lake Travis (Lake Travis ISD), 28 listings. Attendance zones change; confirm with the school district.
• Supply: 5 homes for sale, about 0.3 months of supply (under 4 months usually favours sellers).

What is it like to live in Lakeway Highlands Ph 1 Sec 7B?

By the records: Lakeway Highlands Ph 1 Sec 7B has lots of about 0.34 acres; an HOA on most homes; community features such as pool, fitness center, clubhouse, lake, playground; the nearest grocery store 2.9 miles away (H-E-B); the nearest park 1.1 miles away (Bee Creek Sports Complex).

Answered only from the records on this page: sales, listings, maps and public records. ALEX does not describe who lives in a neighborhood.

Sources: ABOR MLS (Unlock MLS) closed and active listings; ALEX market statistics model; county appraisal district records (tax rates); FEMA National Flood Hazard Layer; OpenStreetMap contributors (ODbL). Which listings count as Lakeway Highlands Ph 1 Sec 7B follows the MLS subdivision name, the same rule ALEX uses for comparable sales. Aggregates only: Texas is a non-disclosure state. Updated November 2, 2026.

Includes the MLS names Lakeway Hlnds Ph 1 Sec 5.

Brokerage: Alexander Tiffany Southwest, LLC (ALEX Real Estate) · Texas license #565194-BB.
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