503 Explorer Lakeway, TX 78734 New

UPDATED: 11/12/2026 10:36 PM

$1,399,000

5 Beds5 Baths3,965 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,965 sqft

Price per Sqft $352

Subdivision Lakeway Sec 18

MLS Listing ID 4274925

Bedrooms 5

Full Baths 4

Half Baths 1

HOA Y/N No

Year Built 1995

Annual Tax Amount $14,132

Tax Year 2026

Lot Size 0.487 Acres

Acres 0.487

Property Sub-Type Single Family Residence

Source actris

Property Description

One of the Grand Dames of Old Lakeway, this 5-bedroom, 4.5-bath home blends the character and charm of an earlier era with thoughtful updates from an approximately $200,000 remodel completed in 2024, including recent flooring. Its split-level floorplan creates a natural separation of living spaces, with the primary suite, dining room, office, and kitchen occupying the upper level. Large picture windows bring the surrounding treetops into view, creating the feeling of living among the canopy, with glimpses of Lake Travis beyond. The main living area shares a fireplace with the family room that boasts a breakfast nook and bar area and opens to the expansive rear terrace with a spiral staircase to the pool area. The kitchen features a massive center island, stainless steel appliances, and a dumbwaiter connecting directly to the garage for bringing up groceries. The primary suite offers terrace access and an updated, spa-inspired bath with a freestanding tub, dual showers, and a heated bidet toilet. The lower level offers 4 bedrooms, including 2 ensuite bedrooms and two bedrooms connected by a Jack-and-Jill bathroom. The flexible floorplan accommodates a variety of needs, whether for family, guests, a home theater, or additional workspace. One of the downstairs ensuite bathrooms also offers direct outdoor access from the pool area. Outdoor living is equally appealing, with a covered patio, pool, and spa surrounded by mature trees that lend shade, privacy, and a sense of established character. A 3-car garage offers parking and storage, while the circular guest driveway adds to the property's distinctive curb appeal. The Lakeway location places residents near the area's golf courses, Lake Travis recreation and marinas, parks and trails, and a variety of local dining and shopping. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified. Interior photography coming soon.

Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 11/12/2026. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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Data last updated: 11/12/2026 23:44.