$699,900
3 bd · 3 ba · 2,821 sqft
5 Sunset Park Cv, Lakeway, TX 78734
5 Sunset Park Cv, Lakeway, TX 78734 is a 3-bedroom, 3-bathroom single family residence listed at $699,900 ($248/sqft). 2,821 sqft. Built in 1998. Located in Lakeway, Austin TX. Priced 12% below the Lakeway median of $282/sqft. MLS #6838059. Listed by Thomas W. Doughtie.
Property Overview
This gated lakefront residence at 5 Sunset Park CV in Lakeway sits within the region's most exclusive waterfront community, offering direct marina access and a boat slip that conveys with the property. Built in 1998 by respected builder Russell Eppright, the home spans 2,821 square feet across three bedrooms and three bathrooms, commanding views of Lake Travis and the Hill Country from multiple vantage points. Recent investments—including new Marvin windows, spray foam insulation, exterior paint, and updated kitchen appliances—position this property at $248 per square foot, notably 13 percent below the area median.
The tropical-inspired backyard features an in-ground pool and mature landscaping, creating a resort-like retreat steps from Sundancer Grille and Lakeway's championship golf courses. Inside, tall ceilings, travertine flooring, and a second-floor master suite with private balcony exemplify the home's quality finishes. The expansive den on the upper level offers additional lakeside views and a covered deck, while the HOA's comprehensive maintenance of grounds and marina access establishes this as a true lock-and-leave property for discerning Austin-area buyers seeking Lake Travis living.
Vox Real Estate Insight
The Vox Real Estate team recognizes this property as offering exceptional value within Lakeway's most coveted gated community, where waterfront homes rarely trade below area per-square-foot pricing. The combination of a transferable boat slip, recent capital improvements, and below-market positioning creates a compelling opportunity for buyers seeking resort-style lakefront living without premium pricing.
Agent Description
Gated lakefront Waterfront community with private marina, boat slip conveys, walk to Sundancer Grille, lock and leave, HOA maintains yards and marina, well maintained higher end quality home built by Russell Eppright, new Marvin windows and spray foam insulation in 2023. Exterior paint 2024. Interior paint 2026 Kitchen aide stainless built in stove, gas cook top and dishwasher in 2025. Perhaps the prettiest home on the street, very private tropical backyard with inground pool, second floor very large master suite with private balcony overlooking hill country, Lakeway park and water, large den or second living with same view and additional covered deck/balcony. Tall ceilings, travertine flooring downstairs in 2014. Well maintained with mild cosmetic updates throughout, master bathroom mild updates to walls and lighting.
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 $248/sqft, this listing is priced 12% below the Lakeway median of $282/sqft.
Property Details
| Property Type | Single Family Residence |
| Year Built | 1998 |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Living Area | 2,821 sqft |
| Lot Size | 7,492 sqft |
| Price / Sqft | $248 |
| Stories | Two |
| Condition | Resale |
| Subdivision | Sunset Park |
| County | Travis |
| MLS Area | LS |
| Listed | Jun 30, 2026 |
| MLS # | 6838059 |
| Listed By | Thomas W. Doughtie |
Interior
| Flooring | Carpet, Stone, Wood |
| Appliances | Built-In Electric Oven, Dishwasher, Exhaust Fan, Gas Cooktop, RNGHD, Self Cleaning Oven |
| Interior Features | Ceiling Fan(s), Ceiling-High, Tile Counters, Crown Molding, Entrance Foyer, Kitchen Island, Soaking Tub, Storage, Study/Home Office |
| Windows | Blinds, Drapes, ENERGY STAR Qualified Windows, Insulated Windows, Screens, Window Coverings |
| Fireplaces | 1 (Gas Log, Living Room, Propane) |
| Laundry | Laundry Room |
| Main-Level Bedrooms | 2 |
Systems & Utilities
| Cooling | Ceiling Fan(s), Central Air, Gas |
| Heating | Propane |
| Utilities | Cable Available, Underground Utilities, Water Available, Water Connected |
| Water Source | Public |
| Sewer | Septic Tank |
Exterior & Lot
| Construction | Masonry – All Sides, Stone, Stucco |
| Roof | Tile |
| Foundation | Slab |
| Exterior Features | Balcony, Boat Slip, Gutters Full, Private Yard |
| Patio & Porch | Deck, Patio, Porch |
| Pool | Filtered, Gunite, Heated, In Ground, Waterfall |
| Fencing | Back Yard, Wood |
| Lot Features | Back Yard, Cul-De-Sac, Private Maintained Road, Trees-Medium (20 Ft - 40 Ft), Views |
| View | Lake, Marina, Park/Greenbelt, Water |
| Faces | West |
Parking
| Parking Spaces | 4 |
| Garage Spaces | 2 |
| Parking Features | Driveway, Garage |
Community & HOA
| HOA | Yes |
| HOA Name | Sunset Park |
| HOA Fee | $490 / Monthly |
| Fee Includes | Common Area Maintenance, Landscaping, Sewer |
| Community Features | Common Grounds, Gated, Park |
| Security | Prewired |
Assigned Schools
| Elementary | Lakeway |
| Middle | Hudson Bend |
| High | Lake Travis |
| District | Lake Travis ISD |
Taxes & Legal
| Tax Year | 2026 |
| Annual Tax | $14,538 |
| Assessed Value | $803,864 |
| Parcel # | 01456810370000 |
| Legal Description | LOT 14B SUNSET PARK SUBD |
| FEMA Flood Plain | No |
| In ETJ | Yes |
| Disclosures | Seller Disclosure |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 5 Sunset Park Cv, Lakeway, TX 78734?
This property is listed at $699,900, which is $248 per square foot. That is 12% below the Lakeway area median of $282/sqft.
How many bedrooms and bathrooms does 5 Sunset Park Cv, Lakeway, TX 78734 have?
This home has 3 bedrooms and 3 bathrooms, with 2,821 square feet of living space.
When was 5 Sunset Park Cv, Lakeway, TX 78734 built?
This property was built in 1998, making it 28 years old.
What neighborhood is 5 Sunset Park Cv, 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 5 Sunset Park Cv, Lakeway, TX 78734 been on the market?
This listing has been on the market for 43 days.
What type of property is 5 Sunset Park Cv, Lakeway, TX 78734?
This is a Single Family Residence on a 7,492.32 sqft lot.