$2,795,000
5 bd · 5 ba · 4,172 sqft
1005 Challenger, Lakeway, TX 78734
1005 Challenger, Lakeway, TX 78734 is a 5-bedroom, 5-bathroom single family residence listed at $2,795,000 ($670/sqft). 4,172 sqft. Built in 1982. Located in Lakeway, Austin TX. Priced 138% above the Lakeway median of $282/sqft. MLS #5859832. Listed by Moreland Properties.
Property Overview
Perched above Lake Travis with panoramic water views and direct dock access, 1005 Challenger in Lakeway presents a rare lakefront opportunity in Austin's most coveted waterfront community. This 4,172-square-foot residence captures the essence of resort-style living while offering the practical advantage of sitting within a no-wake zone, allowing effortless boating and water recreation without the intensity of open-lake conditions. The home features five bedrooms, 4.5 bathrooms, and walls of windows framing those signature Lake Travis sunsets across an expansive covered balcony designed for seamless entertaining.
The thoughtfully renovated interior showcases an open-concept layout anchored by a wood-burning fireplace, while flexible spaces accommodate everything from a home office to a secondary den. An oversized en-suite primary bedroom with custom built-ins adds luxury touches throughout. The property's standout amenities include a recently constructed covered boat dock and private residential tram, transforming lake access from aspirational to everyday reality. Set on over 26,000 square feet in the heart of Lakeway's golf and marina community, this residence balances full-time living comfort with weekend retreat potential.
Vox Real Estate Insight
At $670 per square foot, this waterfront property reflects the premium Lakeway commands, and Vox Residential recognizes that the no-wake location is genuinely strategic for buyers seeking active lake enjoyment without the rough waters found in open sections of Travis. The private tram and dock combination are increasingly rare finds in Austin's lakefront market, making this home immediately competitive among serious waterfront buyers.
Agent Description
Overlooking the sparkling waters of Lake Travis, 1005 Challenger offers stunning water views, unforgettable sunsets, and a move-in-ready, flexible floor plan-- ideal for either full-time living or weekend escapes. Complete with a private tram & recently built covered boat dock, this lakefront home makes enjoying the water effortless. One of its unique advantages is its location on Lake Travis, within a no-wake area, while still capturing expansive Lake Travis views, making it easier to dock your boat, float with friends off the dock, and enjoy the lake at a more relaxed pace. Walls of windows showcase the breathtaking views, while the expansive, covered balcony provides exceptional indoor-outdoor living. For the Golf Enthusiasts, there are multiple public & private golf courses nearby! Thoughtfully renovated & expanded, this well-maintained home features 5 bedrooms, 4.5 baths, an open-concept living area with a wood-burning fireplace, and flexible spaces including an oversized en-suite bedroom with built-ins-- ideal for an office, second den, or playroom. The open, gourmet kitchen features beautiful lake views, a large granite island, a built-in stainless-steel refrigerator, a Viking gas range, dual ovens, a Bosch dishwasher, and a bar with a built-in ice maker & sink. Travertine flooring flows throughout many living areas with 3 recently-replaced HVACs & numerous recently replaced windows. The primary suite captures lake views, features hardwoods & includes a spa-like bath with a jetted tub, separate walk-in shower, dual walk-in closets & skylights. The thoughtful layout allows for comfortable living on the main level, while the lower level provides ample space for family and guests. A 2-car garage + abundant parking make hosting easy. The covered dock, built in 2022, features a HydroHoist boat lift/ slip, storage closet, great entertaining space. Whether you're searching for a lock-and-leave lake house, weekend getaway, or primary residence, this is it!
Neighborhood: Lakeway
This property is located in Lakeway, Austin, TX. The area is known for Lake Travis Living, Marina Access, Golf Courses, Waterfront Dining, Resort Lifestyle.
At $670/sqft, this listing is priced 138% above the Lakeway median of $282/sqft.
Property Details
| Property Type | Single Family Residence |
| Year Built | 1982 |
| Bedrooms | 5 |
| Bathrooms | 5 |
| Living Area | 4,172 sqft |
| Lot Size | 0.60 acres |
| Price / Sqft | $670 |
| Stories | Two |
| Condition | Updated/Remodeled |
| Subdivision | Lakeway |
| County | Travis |
| MLS Area | LS |
| Listed | Jun 18, 2026 |
| MLS # | 5859832 |
| Listed By | Moreland Properties |
Interior
| Flooring | Carpet, Stone, Wood |
| Appliances | Built-In Electric Oven, Built-In Refrigerator, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Gas Cooktop, Gas Range, Ice Maker, Microwave, Oven, Electric Oven, Gas Oven, Double Oven, Plumbed For Ice Maker, Range, RNGHD, Refrigerator, Stainless Steel Appliance(s), Trash Compactor, Vented Exhaust Fan, Electric Water Heater |
| Interior Features | Bar, Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Ceiling-High, Ceiling-Vaulted, Chandelier, Granite Counters, Double Vanity, Eat-in Kitchen, Entrance Foyer, In-Law Floorplan, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Two Primary Closets, Walk-In Closet(s), Wet Bar, Wired for Sound |
| Windows | Double Pane Windows, Plantation Shutters, Screens, Shutters, Skylight(s), Window Coverings, Window Treatments |
| Fireplaces | 2 (Living Room, Primary Bedroom, Raised Hearth, Wood Burning) |
| Laundry | Inside, Laundry Room, Main Level |
| Main-Level Bedrooms | 1 |
Systems & Utilities
| Cooling | Ceiling Fan(s), Central Air, Electric |
| Heating | Central, Electric, Heat Pump |
| Utilities | Electricity Connected, Propane, Sewer Connected, Water Connected |
| Water Source | MUD |
| Sewer | Public Sewer |
| Energy Efficient | Appliances |
Exterior & Lot
| Construction | Masonry – Partial, Wood Siding, Stone, Stone Veneer |
| Roof | Composition, Shingle |
| Foundation | Slab |
| Exterior Features | Balcony, Boat Dock - Private, Boat Lift, Boat Slip, Exterior Steps, Gutters Full, Lighting, Private Entrance, Private Yard |
| Patio & Porch | Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Side Porch |
| Fencing | Front Yard, Wrought Iron |
| Lot Features | Back Yard, Front Yard, Gentle Sloping, Landscaped, Native Plants, Near Golf Course, Public Maintained Road, Sloped Down, Sprinkler - Automatic, Sprinklers In Front, Sprinkler - Partial, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft), Views |
| View | Hill Country, Lake, Marina |
| Faces | Southeast |
Parking
| Parking Spaces | 5 |
| Garage Spaces | 2 |
| Parking Features | Additional Parking, Attached, Door-Multi, Driveway, Garage, Garage Door Opener, Garage Faces Side, Guest, Kitchen Level, Off Street, Parking Pad, Paved, Private |
Community & HOA
| HOA | No |
| Community Features | General Aircraft Airport, Lake, Park, Suburban, Trail(s) |
| Security | Security Lights, Security System, Security System Owned, Smoke Detector(s) |
Assigned Schools
| Elementary | Serene Hills |
| Middle | Hudson Bend |
| High | Lake Travis |
| District | Lake Travis ISD |
Taxes & Legal
| Tax Year | 2025 |
| Annual Tax | $30,116 |
| Assessed Value | $1,976,431 |
| Parcel # | 01437802010000 |
| Legal Description | LOT 1015 LAKEWAY SEC 9 |
| FEMA Flood Plain | Yes-100 yr |
| In ETJ | No |
| Disclosures | Seller Disclosure |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 1005 Challenger, Lakeway, TX 78734?
This property is listed at $2,795,000, which is $670 per square foot. That is 138% above the Lakeway area median of $282/sqft.
How many bedrooms and bathrooms does 1005 Challenger, Lakeway, TX 78734 have?
This home has 5 bedrooms and 5 bathrooms, with 4,172 square feet of living space.
When was 1005 Challenger, Lakeway, TX 78734 built?
This property was built in 1982, making it 44 years old.
What neighborhood is 1005 Challenger, Lakeway, TX 78734 in?
This property is in Lakeway, Austin, TX. The area is known for lake travis living, marina access, golf courses.
How long has 1005 Challenger, Lakeway, TX 78734 been on the market?
This listing has been on the market for 55 days.
What type of property is 1005 Challenger, Lakeway, TX 78734?
This is a Single Family Residence on a 26,040.17 sqft lot.