109 Lombardia Dr, Lakeway, TX 78734

Best-priced 5-bedroom, 3.5-bath home in Lakeway, recently improved to $650,000. This home offers exceptional value, functionality, and location—ideal for multigenerational living with a layout that lives like a one-story. Conveniently located just off RR 620, the home provides quick access to Hwy 71 and RM 2222, making it one of the more accessible areas of Lakeway. Situated on a premium corner lot directly across from the community pool and fitness center, the location offers both convenience and lifestyle appeal. Inside, the main level features the primary suite, 3 bedrooms, 2.5 bathrooms and core living spaces, creating the feel of single-story living. The home includes a formal dining area, open kitchen with center island, and a casual breakfast space. The living room features a fireplace and an easy flow for everyday living and entertaining. Upstairs offers a flexible media/game room along with an additional bedroom and another full bath—ideal for multigenerational living, guests, or added privacy. The backyard is a blank canvas with no current fence, allowing buyers to design and build their ideal outdoor space. At this price point, there is room to customize while still maintaining strong value. Located within Lake Travis ISD, with access to the district’s newest high school while continuing to benefit from Lake Travis High School. Additional features include low HOA fees and a favorable tax rate. Just minutes from Lake Travis, shopping, dining, and outdoor amenities. Thoughtfully priced to reflect current market conditions and offer strong value for today’s buyers.