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ListingsPublished April 6, 2026
Why 138 World of Tennis Sq is the Ultimate Value Play
In real estate, there is a saying that you aren't just buying a house, you are buying the three miles around it. At 138 World of Tennis Sq in Lakeway, those three miles are some of the most desirable in the Texas Hill Country.
Priced at a competitive $308,000, this 3-bed, 3-bath home puts you at the center of a vibrant, established community known for its top-tier education and outdoor-centric lifestyle.
For families, the draw is the renowned Lake Travis Independent School District. Zoning for Serene Hills Elementary and Lake Travis Middle School ensures access to high-performing campuses just minutes away. This educational excellence, combined with the safety and tranquility of the Northwest Hills area, makes this condominium a strategic long-term investment.
The neighborhood focus here is on "lifestyle density." Within a five-to-ten-minute radius, you have access to the 60-acre Lakeway City Park, offering lakeside trails and butterfly gardens. When it comes to dining, the options are equally impressive. You can walk to Cafe Lago for a quiet morning coffee or drive just two miles to Canyon Grille at Rough Hollow to watch the sunset over Lake Travis.
With 2,000 square feet of living space, this home provides the breathing room usually reserved for detached single-family houses, but with the community-driven atmosphere of a prestigious square. The $429/mo HOA ensures the grounds remain pristine, protecting your property value while you spend your weekends exploring the nearby marinas or the local wine bars.
138 World of Tennis Sq isn't just a home at an incredible price point; it is the most affordable way to join one of the most exclusive communities in Texas.
Community, Character, and Convenience: Why 138 World of Tennis Sq is the Ultimate Value Play
In the world of real estate, there is a long-standing mantra: "You aren't just buying a house; you are buying the three miles around it." At 138 World of Tennis Sq, those three miles represent some of the most desirable, high-value real estate in the Texas Hill Country. Priced at a highly competitive $308,000, this 3-bedroom, 3-bathroom condominium offers a strategic entry point into the elite Lakeway lifestyle, where community focus and everyday convenience merge into one seamless experience.
The Power of the Lake Travis ISD Advantage
For families and long-term investors alike, the primary draw of this address is its placement within the renowned Lake Travis Independent School District. Zoning for Serene Hills Elementary and Lake Travis Middle School ensures access to high-performing campuses recognized for academic excellence, robust athletic programs, and a strong sense of community involvement.
In a market where school district boundaries often dictate property value, owning a 2,000-square-foot home in this zip code for just $154 per square foot is a rare "value play." It allows families to provide their children with a top-tier education while maintaining a manageable monthly mortgage—estimated at approximately $2,463. This financial flexibility is a significant advantage in the current economic landscape, offering the stability of a prestigious neighborhood without the stress of a million-dollar debt.
Lifestyle Density: Everything Within Reach
The neighborhood focus at World of Tennis Square is centered on what urban planners call "lifestyle density." Within a five-to-ten-minute radius of your front door, the amenities are staggering.
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Nature & Recreation: You are less than 2.5 miles from the 60-acre Lakeway City Park. This isn't just a patch of grass; it is a waterfront crown jewel featuring butterfly gardens, sand volleyball courts, and miles of shaded lakeside trails.
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The World of Tennis Complex: As a resident of the square, you are literally steps away from world-class tennis facilities, fitness centers, and swimming pools. It provides a "resort-walkable" feel that is nearly impossible to find elsewhere in the sprawling Hill Country.
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Culinary Hotspots: The local dining scene is a major part of the Lakeway allure. You can enjoy a quiet morning at Cafe Lago (a 30-year local institution), grab a craft brew at The Simple Cup, or head to Canyon Grille at Rough Hollow to catch a legendary sunset over the marina.
The $429/mo HOA: Protecting Your Investment
While some buyers shy away from HOA fees, the $429 monthly fee at 138 World of Tennis Sq is actually a protective shield for your investment. In an area built in 1971, consistent maintenance is key to appreciating value. This fee covers the essential upkeep of the common areas and building exteriors, ensuring the aesthetic of the square remains pristine and professional.
For the modern buyer, this fee facilitates a "lock-and-leave" lifestyle. Whether you are traveling for work or spending your weekends boating on Lake Travis, you don't have to worry about lawn maintenance or exterior repairs. The HOA handles the "boring" parts of homeownership so you can focus on the "living" parts.
A Rare Opportunity in Zip Code 78738
138 World of Tennis Sq offers the interior square footage of a detached single-family home with the community-driven atmosphere of an exclusive square. It bridges the gap between high-end resort living and small-town charm. By choosing this address, you aren't just moving into a 3-bedroom home; you are securing a place in a vibrant, safe, and highly sought-after community.
In Lakeway’s competitive market, finding a property that balances size, character, and an unbeatable location at this price point is a rarity. It is, quite simply, the most affordable way to claim your piece of the prestigious Lakeway lifestyle.
