Commercial Real Estate Market in Lakeway, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
35 active listings and 166 off-market properties in Lakeway, TX. Commercial property asks $293/SF to buy and $36.00/SF/Yr to lease.
Market Trends
Lakeway, TX spans 61.0 square miles in Travis County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lakeway, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Lakeway, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Lakeway, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Lakeway, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 61.6%
- Civic 13%
- Open space 10.7%
- Commercial 10.1%
- Planned_development 4.6%
Largest Zones share of zoned land by district
Single Family Residential
Govt Utility And Institutional
Single Family Residential
Office And Light Retail
Greenbelt
Lakeway, TX zones 7,376 acres across 23 districts. Commercial zoning covers 10.1% of zoned land, residential 61.6% and open space 10.7%. The largest single district is Single Family Residential at 32.1%. For commercial buyers the practical constraint is that only 10.1% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
R-1 single-family residential zoning district. An application for any structure for any other use than that specified herein shall be made to the city building commission of the City of Lakeway and then referred to the city zoning and planning commission for consideration and recommendation to the city council. Whenever such recommendation is filed with the…
Market overview
Demographics & Economy
Lakeway, TX has 52,492 residents in 22,792 households. Density runs 860 people per square mile. Median household income here is $152,065 and median gross rent $1,922 a month.
52,492
Population
22,792
Households
2.3
Avg Household Size
43
Median Age
68%
College-Educated
96%
High-School Grad
61 sq mi
ZIP Area
860
Density / Sq Mi
$152,065
Median Household Income
$79,721
Median Earnings
$1,922
Median Rent
$698,387
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Point Venture | — | — |
| The Hills | — | — |
| Briarcliff | — | — |
| Hudson Bend | — | — |
Commercial property in Lakeway, TX asks $293/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lakeway?
Commercial property in Lakeway, TX asks an average of $293 per square foot.
How much does it cost to lease commercial space in Lakeway?
Asking lease rates in Lakeway, TX average $36.00 per square foot per year.
What zoning applies to commercial property in Lakeway?
Lakeway, TX zones 7,376 acres across 23 districts, of which 10.1% is commercial and 0% industrial. The largest single district is Single Family Residential at 32.1% of zoned land. R-1 single-family residential zoning district. An application for any structure for any other use than that specified herein shall be made to the city building commission of the City of Lakeway and then referred to the city zoning and planning commission for consideration and recommendation to the city council. Whenever such recommendation is filed with the… Residential zoning covers 61.6% and open space 10.7%.
Where does Realmo's Lakeway market data come from?
Realmo compiles Lakeway, TX figures from 23 active sale listings, 12 active lease listings, 166 tracked off-market properties, the current Lakeway zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 23 active for-sale and 12 active for-lease listings in Lakeway, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 7,376 zoned acres across 23 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
