Single-story living in old Lakeway, set on a level 0.31-acre homesite with no neighbors directly behind and generous space between homes - a combination that is increasingly hard to find this close to Lake Travis. Positioned on a quiet street near the World of Tennis, the Lakeway golf clubs, and Serene Hills Elementary, 109 Schooner Drive pairs an established, low-density neighborhood with the room to make a home your own. A covered front porch with cedar posts and Austin stone sets the tone, opening to a cathedral ceiling that lifts the main living area, where a floor-to-ceiling white stone, wood-burning fireplace sits framed by tall arched windows, a built-in dry bar makes entertaining easy, and new wood-look luxury vinyl plank flooring runs throughout. The open island kitchen offers tile counters, a downdraft electric cooktop, a built-in oven and microwave, a stainless steel refrigerator, and an eat-in space that connects to both the dining room and a second living area - two distinct places to gather. The main-level primary suite carries a tray ceiling, private patio access, a walk-in closet, and a granite double-vanity bath with a separate shower and soaking tub. Two additional bedrooms and a versatile flex space round out a 3-bedroom, 2-bath layout that lives large, and fresh paint, new carpet, and updated lighting have the home ready today. Outside is where the lot earns its keep: a wide, level backyard edged by mature oaks and stone retaining walls, a covered patio and a wood deck for unhurried Hill Country evenings, and enough open ground to add a future pool, sport court, or pickleball court. A durable metal roof, public sewer connection, a low 1.85 tax rate, and no HOA make ownership refreshingly simple. All of it falls within Lake Travis ISD, minutes from the marinas, waterfront dining, and lake recreation that define everyday life on Lake Travis. Schedule a private showing to walk the lot and see what single-story living in Lakeway can be.