Neighborhood in Lakeway, Travis County

Living in West Lakeway, Lakeway

A

3rd of 4areas in Lakeway
Overall score 91 of 100 vs Texas neighborhoods
Lakeway overall: A

West Lakeway covers part of Lakeway, TX, home to about 5,700 people. It gets an A, in the top 12% of Texas neighborhoods, and ranks 3rd of 4 areas we score in Lakeway. It does best on education levels and worst on errands and things to do.

  • Top-rated schools
  • Pricey
  • Tornado risk is very high
  • Hail risk is very high

Closest everyday places

Grocery store2.1 mi
Pharmacy2.7 mi
Park0.8 mi
Cafe1.3 mi
Restaurant1.0 mi
Gym0.9 mi
Hospital or urgent care2.0 mi
Childcare0.4 mi
Library2.4 mi

Straight-line distance from the middle of where people live. Overture Maps.

Population
5,720
Median rent
$3,500+
Median home value
$1,165,000
Household income
$246,000
Average commute
35 min
Homes owned
93%
Loading map

What it's like to live in West Lakeway

West Lakeway is an area in Lakeway with about 5,700 residents, mostly newer homes (median year built 2014), mostly owner-occupied (93%) and 61% of households with children.

It grades A against every neighborhood in Texas and ranks 3rd of 4 areas in Lakeway, which grades A overall.

Pros of living in West Lakeway

  • Well-rated schools nearby. 3 of the 3 closest public schools are rated A or B.

Cons of living in West Lakeway

  • Pricier rent than the city. Median rent is $3,500+, 17% higher than the Lakeway median.
  • Groceries are a drive. The nearest grocery store is about 2.1 miles from the middle of the neighborhood.
  • Longer commutes. The average commute is 35 minutes, against 29 for Lakeway as a whole.
  • Natural hazard risk. FEMA rates the risk of tornadoes, hail and wildfires as very high in this part of town.

West Lakeway report card

Each grade compares West Lakeway with every neighborhood in Texas. Safety is not graded for single neighborhoods because police report crime for the whole city.

  • Cost of living: grade C-

    Median rent $3,500+, homes cost 4.7x income.

    35 of 100 vs TX areas

  • Jobs and income: grade A-

    Median household income $246,000, 6.1% unemployed.

    85 of 100 vs TX areas

  • Schools: grade A

    Nearby schools average 91 of 100 on the state rating.

    93 of 100 vs TX areas

  • Safety: no grade

    Citywide, 68 violent crimes per 100k, 836 property crimes per 100k.

    No score vs TX areas

  • Errands and things to do: grade D

    Few everyday stores and services within a mile of homes.

    21 of 100 vs TX areas

  • Getting around: grade D+

    Average commute 35 min, 56% work from home.

    27 of 100 vs TX areas

  • Education levels: grade A+

    85% have a bachelor’s degree.

    96 of 100 vs TX areas

  • Health: grade A+

    5.6% of adults uninsured.

    95 of 100 vs TX areas

  • Home ownership: grade A-

    93% of homes owner-occupied.

    87 of 100 vs TX areas

  • Internet access: grade A-

    99% of homes have broadband.

    82 of 100 vs TX areas

West Lakeway compared with Lakeway

Better than Lakeway

  • Renters paying 30%+ of income on rent: 5.1%43 points lower than Lakeway (48%)
  • Median household income: $246,00029% higher than Lakeway ($190,060)
  • Adults with a bachelor's degree or higher: 85%11 points higher than Lakeway (74%)

Worse than Lakeway

  • Average commute: 35 min20% higher than Lakeway (29 min)
  • Median rent: $3,500+17% higher than Lakeway ($2,981)
  • Home value to income: 4.7x7% higher than Lakeway (4.4x)

Closest public schools

Texas Education Agency 2025 ratings. Check the attendance zone for any address with the district.

  • ASerene Hills ElementaryElementary, Lake Travis ISD0.9 mi
  • ALake Travis MiddleMiddle, Lake Travis ISD1.3 mi
  • ALake Travis High SchoolHigh, Lake Travis ISD2.9 mi

Cost of living in West Lakeway

Median rent in West Lakeway is $3,500+ a month, 17% higher than the Lakeway median. A household would need about $140,000 a year to keep that rent at 30% of income.

The median home is worth $1,165,000, 38% higher than the Lakeway median, which means a monthly payment of about $7,210 with property tax at today's mortgage rates.

MeasureHereLakewayTexas
Median rent17% higher than Lakeway$3,500+$2,981$1,403
Median home value38% higher than Lakeway$1,165,000$841,300$283,800
Home value to income7% higher than Lakeway4.7x4.4x3.6x
Renters paying 30%+ of income on rent43 points lower than Lakeway5.1%48%52%
Homes owned by the people living in them6 points higher than Lakeway93%86%63%
Vacant homes7 points lower than Lakeway1.2%8.5%9.4%
Median year homes were builtAbout the same as Lakeway201420041992

Monthly cost to buy a median home

$7,210
Mortgage payment
$6,377
Property tax
$833
Median rent, for comparison
$3,500+

Based on a $1,165,000 home in West Lakeway, 20% down and a 30-year loan at 7.28% (Freddie Mac average, week of 2026-10-01). Property tax is the median for the surrounding Census tract, or the county where that is not published. Insurance and fees are not included.

Work, income and getting around

MeasureHereLakewayTexas
Median household income29% higher than Lakeway$246,000$190,060$78,476
Unemployment rate3 points higher than Lakeway6.1%3.5%5.3%
People below the poverty line2 points lower than Lakeway0.8%2.5%14%
Adults with a bachelor's degree or higher11 points higher than Lakeway85%74%34%
Average commute20% higher than Lakeway35 min29 min27 min
Workers who work from home6 points higher than Lakeway56%50%14%
Workers who walk, bike or take transitAbout the same as Lakeway2.9%2.7%2.6%
Homes with broadband internetAbout the same as Lakeway99%99%91%

Natural hazard risk

FEMA National Risk Index for the Census tracts in this area.

  • River floodingHigh
  • HurricanesModerate
  • TornadoesVery high
  • HailVery high
  • Heat wavesHigh
  • WildfiresVery high
  • Winter stormsLow
  • Strong windModerate

Who lives in West Lakeway

Under 1833%
18 to 349.9%
35 to 6447%
65 and over10%
Race and ethnicity
White77%
Hispanic or Latino13%
Black0%
Asian6.1%
Other or more than one race3.3%

Shown for information only. It is never part of any grade.

Other neighborhoods in Lakeway

  1. 1A+Vistas at Lakeway
  2. 2ACentral LakewayMedian rent $3,230
  3. 4ABella MontagnaMedian rent $2,350

Similar neighborhoods in other cities

Areas elsewhere in Texas with the closest mix of grades.

  1. AHollymeadThe Woodlands
  2. ACentral Flower MoundFlower Mound
  3. A-Southeast NorthlakeNorthlake

Questions about West Lakeway

Is West Lakeway a good place to live?

West Lakeway covers part of Lakeway, TX, home to about 5,700 people. It gets an A, in the top 12% of Texas neighborhoods, and ranks 3rd of 4 areas we score in Lakeway. It does best on education levels and worst on errands and things to do.

How much does it cost to live in West Lakeway?

Median rent in West Lakeway is $3,500+ a month, 17% higher than the Lakeway median. The median home is worth $1,165,000, 38% higher than the Lakeway median. A median home costs 4.7x the median household income, compared with 4.4x across Lakeway.

What schools serve West Lakeway?

The closest rated public schools are Serene Hills Elementary (elementary, rated A), Lake Travis Middle (middle, rated A) and Lake Travis High School (high, rated A). School zones can differ from the closest school, so check with the district.

This area groups 2 Census block groups in this part of Lakeway that have no neighborhood name on the map. Sources: US Census Bureau 2020-2024 ACS 5-year, CDC PLACES 2025, Texas Education Agency, FEMA National Risk Index, Overture Maps. How we grade.