Gem of Lakeway: Resort Living Without the Resort Price Tag

When people think of Lakeway, Texas, they often envision sprawling lakeside estates with million-dollar price tags. However, tucked away in the prestigious World of Tennis Square is a rare opportunity that challenges the status quo.

138 World of Tennis Sq is currently listed at $308,000, offering a sophisticated 2,000-square-foot lifestyle for just $154 per square foot—a figure nearly unheard of in today’s Austin-area market.

This three-bedroom, three-bathroom condominium is far more than just a residence; it is a gateway to a curated way of life.

Built in 1971, the home has been maintained with an eye for character, blending the rugged charm of reclaimed wood and floor-to-ceiling stone with modern, minimalist sensibilities. The primary suite, featuring architectural beams and a stunning timber headboard, offers a "lodge-style" sanctuary that feels world’s away from the hustle of the city.

The $429 monthly HOA fee is an investment in your own peace of mind and leisure. It covers the essential maintenance that allows for a "lock-and-leave" lifestyle, granting you more time to enjoy the World of Tennis complex located literally steps from your door.

Whether you are a competitive athlete or someone who simply enjoys a morning swim and a courtside view from your private covered patio, the convenience is unparalleled.

At an estimated $2,463 per month, this property represents the perfect entry point for young professionals, small families, or retirees looking to downsize their maintenance—but not their quality of life.

Architectural Soul Meets Modern Comfort

This three-bedroom, three-bathroom condominium is far more than just a residence; it is a masterclass in blending organic textures with functional living. Originally built in 1971—the era that defined Lakeway’s mid-century resort charm—the home has been meticulously curated to maintain its original soul while embracing modern, minimalist sensibilities.

The interior story is told through high-contrast materials. Floor-to-ceiling stone anchors the living area, creating a natural focal point that feels grounded and permanent. This is complemented by the warmth of reclaimed wood accents and the airy feel of exposed architectural beams. The primary suite is a true standout, offering a "lodge-style" sanctuary defined by a one-of-a-kind timber statement headboard. It is the kind of space that feels world’s away from the noise of the city, providing a genuine retreat for the senses.

The HOA: An Investment in Leisure

At first glance, a $429 monthly HOA fee might catch a buyer's eye, but a closer look reveals it as a strategic investment in lifestyle. In Lakeway, time is the ultimate currency. This fee handles the essential exterior maintenance and landscaping that allows for a true "lock-and-leave" existence.

More importantly, this fee grants you proximity to the legendary World of Tennis complex, located literally steps from your front door. Whether you are a competitive athlete looking to sharpen your game, a fitness enthusiast hitting the gym, or someone who simply enjoys a morning lap in the pool followed by coffee on your private covered patio, the convenience is unparalleled. You aren't just paying for a roof; you are paying for the freedom to enjoy the world-class amenities that surround it.

Exceptional Value in a High-Barrier Market

With an estimated monthly payment of approximately $2,463, this property serves as an ideal entry point into one of Texas’s most coveted zip codes. It appeals to a diverse range of buyers:

• The Young Professional: Who wants the prestige of a Lakeway address and the space of a 2,000-square-foot home without the grueling maintenance of a massive lot.

• The Downsizer: Who refuses to compromise on character or bedroom count but wants to simplify their daily chores.

• The Investor: Who recognizes the long-term value of a 3-bedroom unit in a high-demand school district like Lake Travis ISD.

138 World of Tennis Sq proves that you don’t have to spend a million dollars to live a million-dollar lifestyle. It is a home that honors its 1970s roots while offering a turnkey, stylish future for its next owner. In the competitive landscape of Lakeway real estate, opportunities this balanced—blending price, size, and personality—rarely stay "Just Listed" for long.