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There are currently 4,819 real estate properties in Lakeway, TX, with a median automated valuation model (AVM) price of $640,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lakeway, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lakeway, TX, is $699,956.00, with the most expensive house in Lakeway, TX, topping out at $4,510,300.00 and the cheapest home in Lakeway, TX, clocking in at $152,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Lakeway, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lakeway, TX, is on a rollercoaster ride. The average rent price in Lakeway, TX, is $2,720.00. Indeed, when looking to rent in Lakeway, TX, you can expect to pay as little as $920.00 or as much as $5,600.00, with the average rent median estimated to be $2,590.00. The good news is that finding an affordable and desirable property to rent in Lakeway, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Lakeway, TX area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Lakeway, TX and much more. Save thousands at closing with home foreclosure listings in Lakeway, TX — up to 75% off market value!
Lakeway is located in Travis, Texas, with an estimated municipal population of 15,981 residents. All of the best foreclosed homes for sale in Lakeway are located in the following zip code areas on Foreclosure.com: 78669 78738 78734. The estimated population per square kilometer (.62 miles) in Lakeway is 505.
So, about how much do homes cost in Lakeway? The most recent median value of resident-owned homes in Lakeway is 472,477. An estimated 83.9 percent of households in Lakeway own their homes, with an average family size of 2.82. The median household income in Lakeway is 132,899, with63.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lakeway, the median commute time of resident workers (in minutes) is 31.4. And last, but certainly not least, are you looking for homes to rent in Lakeway? If so, the average rent price paid by renters in Lakeway is 1,851, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Lakeway, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Lakeway is 48.4, split between 46.9 percent male versus 53.1 female. The percentage of residents who report being married in Lakeway is 69.9, with an average family size of 2.82.
The percentage of residents who report their race in Lakeway is as follows:
|Black / African American||2.6%|
|American Indian / Alaskan Native||0.1%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Lakeway? Or maybe you are searching for 55+ active adult communities in and/or near Lakeway?
The percentage of residents who report their age in Lakeway is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Lakeway with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lakeway.
How do you know that living in -- or moving to -- Lakeway is right where you need to be? Perhaps you grew up in Lakeway or already live nearby; therefore, the decision to buy a home in Lakeway is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lakeway for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Lakeway:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lakeway.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lakeway can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lakeway, meanwhile, can field multiple offers from more qualified buyers.