Property Overview Seize the opportunity to own one or both of the last two premium 1-acre commercial lots on Lake Center Drive in the heart of Lakeway, Texas. These prime lots, available together or separately, are ideally situated in a high-visibility location, perfect for developing a Class A office building, medical facility, or luxury spa service. The gentle topography, seamlessly blending into the iconic Texas Hill Country, offers a unique chance to design and build with stunning hill country views in mind. The lots support multi-story development with the potential for below-ground parking, optimizing the breathtaking vistas and enhancing property functionality. Location Highlights Located in Lakeway, Texas, a thriving resort community 25 miles northwest of downtown Austin along the scenic south shore of Lake Travis, these lots benefit from the area’s affluent demographic and vibrant economic landscape. Lakeway combines suburban charm with proximity to Austin’s urban amenities, making it a magnet for professionals, families, and businesses. The lots on Lake Center Drive are positioned to capture high foot traffic and visibility, ideal for businesses catering to Lakeway’s upscale, educated population. Demographic and Economic Profile Population and Growth Population: Lakeway is home to approximately 19,189 residents, a medium-sized city experiencing robust growth. Growth Trends: The city has seen significant population increases due to new housing developments and an influx of middle-class and affluent residents drawn by job opportunities, a strong economy, and recreational amenities. This growth signals a rising demand for commercial services. Household and Income Characteristics Median Household Income: At $164,978, Lakeway’s median household income far exceeds the Texas average, reflecting a wealthy community with strong purchasing power. Per Capita Income: The 2022 per capita income of $93,163 translates to roughly $372,652 annually for a family of four, positioning Lakeway among Texas’s wealthiest communities. Homeownership: A high rate of owner-occupied single-family homes, with a median home value of $695,400, underscores economic stability and a committed resident base, ideal for businesses seeking a reliable customer pool. Education and Workforce Educational Attainment: Approximately 73.7% of Lakeway adults hold a bachelor’s degree or higher, well above the national average of 21.84%. This highly educated demographic supports demand for professional services and knowledge-based industries. Workforce Characteristics: With 44.38% of the workforce telecommuting—one of the highest rates in the U.S.—Lakeway is home to professionals in tech, finance, and consulting. This trend drives demand for coworking spaces, cafes, and business-oriented services, aligning with the tech-centric economy of nearby Austin. Development Potential These 1-acre lots are zoned for commercial use, offering flexibility for a range of high-value projects: Class A Office Space: Ideal for professional firms seeking premium office environments to serve Lakeway’s affluent and educated clientele. Medical Facility: Perfect for healthcare providers, given the community’s wealth and demand for high-quality medical services. Luxury Spa Service: A prime location for wellness and spa businesses catering to Lakeway’s upscale, lifestyle-driven residents.The lots’ gentle topography supports innovative architectural designs that embrace the Hill Country aesthetic, with the potential for multi-story buildings featuring below-ground parking to maximize scenic views of the surrounding landscape. Why Invest in Lakeway? Affluent Market: Lakeway’s high-income, educated population ensures strong demand for premium commercial services. Strategic Location: Proximity to Austin (25 miles) and Lake Travis enhances accessibility and attracts both residents and visitors. Economic Stability: The area’s high homeownership rates and robust economic indicators create a reliable customer base. Scenic Appeal: The lots’ Hill Country setting offers a unique opportunity to create visually stunning developments that capitalize on Lakeway’s natural beauty. Contact Information Don’t miss your chance to secure these final two commercial lots in one of Lakeway’s most desirable locations. Contact us today to discuss purchasing options, zoning details, or to schedule a site visit. Build your vision in Lakeway, where opportunity meets elegance.