Want to live the lake life without being too far from the center of it all? Lake Austin may just be your dream neighborhood. It’s just a few minutes from the best the city has to offer while giving you access to a natural getaway right in your backyard.
Lake Austin is the waterway that connects Lake Travis to Lady Bird Lake in Downtown Austin. At the center of the capital city, the Lake Austin neighborhood gives you the best of both worlds—proximity to downtown Austin with the natural backdrop of the beautiful lake and hills.
In this Lake Austin neighborhood guide, we’ll show you why people love living in this unique and stunning area.
Varied from traditional, mid-century modern to grand luxury estates and new construction compounds
Featuring prime waterfront real estate with some of the most stunning properties in the area, Lake Austin has a lot to offer those who want to live their best life in the capital city. You cannot beat those lake views and activities or the neighborhood’s proximity to everything in downtown Austin.
Before you start looking for your dream home in Lake Austin, here’s what you should know about the neighborhood and its real estate.
Lake Austin attracts those who embody the laid-back yet lively charm of the city itself. The neighborhood serves as a quiet natural oasis where residents can enjoy their favorite waterfront outdoor activities when the sun is out and then head downtown at night.
Most of Lake Austin’s properties are in smaller communities, but there are some larger options including Rivercrest, Rockcliff, Greenshores, Riverplace, St. Tropez, and others. Either way, you’ll find that your neighbors are friendly and laid back in a way that is quintessentially Austin.
Some of Austin’s most expensive and exclusive real estate is found on the shores of Lake Austin. Some homes feature cliffside views high above the water while others offer direct lake access. The area features large lots with most having over 100 feet of lake frontage, which is the minimum necessary to have a boat dock.
The Lake Austin neighborhood features a variety of architectural styles. Home styles range from traditional and mid-century modern to grand, luxury estates and new construction compounds.
The average home closing price in Lake Austin is $4,943,942 or an average of $1,349 per square foot.
Lake Austin has a Walk Score of 71, making it a very walkable area where you can run errands, grab a bite to eat, or even just enjoy a stroll without difficulty. It’s also a great area for biking.
Lake Austin residents have access to multiple excellent independent school districts (ISDs). The ISD that you are zoned for will depend on where you live in Lake Austin. Those living in the area may be zoned for Eanes ISD, Lake Travis ISD, and Leander ISD—all of which offer highly rated school options.
Along Lake Austin’s shores are some of the city’s most popular dining options. Whether you’re looking for coffee and a scone or want some classic Texas grub, there’s a spot for you—and it’s got a view!
There’s no shortage of Tex-Mex spots in Austin. But none are quite like Hula Hut. Serving up classic Tex-Mex with a Hawaiian twist, this casual dining spot gives off major tiki hut vibes, which is perfect for its waterside location in Oyster Landing. With a covered patio space and beautiful lake views, there’s no better place to grab a bite and sip a cocktail.
Speaking of cocktails… one thing we love about Hula Hut is the cocktail menu with Texas-inspired drinks like the Ruby Red Fizz and Lake Austin Lemonade. The parking area in Oyster Landing can fill up quick, so if you can’t find a spot, you can take advantage of valet parking.
Abel’s on the Lake is an Austin fave for those who want to sip their cocktail while enjoying beautiful views of the lake. Their two-level deck that overlooks the water is an Insta-worthy spot to enjoy happy hour while the sun sets. You can even bring your furry friends as Abel’s is as dog-friendly as they come.
Well-known for its oysters and beer-battered fish and chips, Abel’s also have an expansive beer list. Their bar features over 60 beers on tap, 17 of which come right from Austin.
Mozart’s Coffee is located right on Lake Austin. With one of the best patios in town, this cafe serves a variety of house roasts alongside small bites and treats from their in-house bakery. You’ll likely spot a few college kids studying on the patio that overlooks the lake.
Mozart’s also hosts Late at the Lake, an eclectic open mic that brings in Austin singer-songwriters, musicians, and poets to share their work out on the deck. It’s free to attend with open seating, but if you reserve an e-ticket on Eventbrite before the event, you’ll get 20% off at the cafe.
Ski Shores Cafe is another casual spot with great cocktails and lakeside views. Since 1954, they’ve been serving snacks, burgers, sandwiches, and seafood to hungry lake visitors. They’ve also got ice cream, which tastes even better after spending a day in the lake under the Texas sun.
The grilled flounder tacos are one of their specialties. But you also can’t go wrong with the lobster roll or shrimp po’ boy. And the lake life themed cocktails—like the arm floaties, tan lines, and soggy dollar—are just as fun as they are tasty.
There’s no shortage of outdoor activities to enjoy in Lake Austin. But that’s not the only thing to keep you busy in the area.
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