Lakeway, Texas
Lakeway, Texas
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2269146

Lakeway, Texas

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2269146

Lakeway, Texas

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Lakeway, Texas

Lakeway is a city in Travis County, Texas, United States. The population was 19,189 at the 2020 census, an increase over the figure of 11,391 tabulated in 2010. The city is located next to Lake Travis. It is an exurb in Greater Austin.

Lakeway is located 16 miles (26 km) west of Austin.

Hurst Creek runs directly through Lakeway and empties into Lake Travis, directly north of Lakeway.

According to Lakeway's GIS Analyst, the city has a total area of 13.37 square miles (21.51 km), of which 13.07 square miles (15.0 km2) is land and 0.3 square mile (0.7 km2) (4.45%) is water.

The town of Lakeway was founded on the site of a 2,700-acre ranch owned by Houston oilman and rancher Jack (Jake) Josey. In early 1962, three Houston businessmen associated with the Gulfmont Hotel Company—G. Flint Sawtelle, John H. Crooker Jr., and Lee Blocker—obtained a sixty-day option to purchase the land and plan a hotel and resort community. The name Lakeway was a natural sequel to Gulfmont's Fairway Motor Hotel in McAllen, Texas, so named because it overlooked the fairway of a golf course. Construction of the hotel began in October 1962 and the grand opening was July 12, 1963. Around the same time, the Lakeway Land Company was formed, with Flint Sawtelle as president, for the development of real estate. In June 1974, a substantial majority of resident and nonresident property owners voted to incorporate with the consent of the city of Austin, and the 1,200-acre village of Lakeway resulted.

As of the 2020 census, Lakeway had a population of 19,189. The median age was 48.1 years. 22.2% of residents were under the age of 18 and 24.2% of residents were 65 years of age or older. For every 100 females there were 92.6 males, and for every 100 females age 18 and over there were 89.2 males age 18 and over.

There were 7,535 households in Lakeway, of which 32.4% had children under the age of 18 living in them. Of all households, 65.1% were married-couple households, 10.7% were households with a male householder and no spouse or partner present, and 20.8% were households with a female householder and no spouse or partner present. About 20.7% of all households were made up of individuals and 12.0% had someone living alone who was 65 years of age or older.

There were 8,314 housing units, of which 9.4% were vacant. The homeowner vacancy rate was 2.5% and the rental vacancy rate was 10.4%.

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