See Home Value
Lakeway 78734
1228 Challenger
$1,150,000
● House - Off Market

1228 Challenger

Lakeway, TX 78734
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,984 Ft²
$6,925
Est. Monthly
$21
HOA / Fees
1.33%
Cap Rate

About This Property

Beautifully Updated Home with an Ideal Floor Plan in the Heart of Lakeway.  Welcome to 1228 Challenger, a thoughtfully updated home offering modern finishes, timeless style, and a layout designed for everyday comfort and entertaining. This residence features an open and inviting floor plan with abundant natural light, spacious living areas, and seamless flow throughout.

This property features a split level floor plan. Enter through the foyer, and either walk up stairs towards the primary bedroom, powder bath, kitchen, living and dining room areas or head downstairs to the additional 3 bedrooms with 2 full bathrooms and a secondary living area.  

The updated kitchen is a true centerpiece, complete with sleek countertops, stainless steel appliances, and generous storage. Multiple living and dining spaces provide flexibility for both casual and formal gatherings. The primary suite is a private retreat with a well-appointed bath, while the secondary bedrooms are generously sized.

Step outside to a large backyard and additional parking with gated access. Situated in a desirable Lakeway neighborhood of Edgewater, you'll enjoy easy access to Lake Travis, golf, shopping, dining, and highly rated Lake Travis ISD schools.

Please note, we are in make ready mode, the property will be updated with updated hardwood floors in the secondary bedrooms in the coming weeks.

This home is located in Edgewater II HOA which provides access to tennis courts.
Unit Size
3,984 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$289
Property Type
House
Property Taxes
$1,257
HOA Dues
$21
Year Built
1998

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Last updated: 5 months ago (Unlock MLS #ACT9586166)

Price History

Date / Event Date Event Price
Jun 1, 2026 No longer available -
No longer available
Jan 20, 2026 Price Decreased $1,150,000
↓ $45K (3.8%)
Price Decreased
Oct 1, 2025 Listed by eXp Realty, LLC $1,195,000
Listed by eXp Realty, LLC
Dec 29, 2019 No longer available -
No longer available
Oct 12, 2019 Listed by Keller Williams - Lake Travis $849,500
Listed by Keller Williams - Lake Travis
Lakeway classic on sought-after Challenger, perfect for the discerning host who enjoys entertaining family & friends. This home boasts relaxing lake views from the elegant/inviting upper living areas & master suite. Downstairs features 3 BR/2Baths, tv room, laundry. Abundant storage under both stairways. Large flex room in back opens to pergola/deck and shade-filled yard; access to private park & tennis court. Hardwoods, tile, fresh carpet & paint. Light & bright, with timeless appeal. Owner/Agent. The manager has listed the unit size as 3984 square feet.

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 656
  • Parking Space Count: 2
  • Patio Type: 82
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,770
  • Lot Size Depth Feet: 1,810
  • Lot Size Frontage Feet: 660
  • Total Building Area: 4,640
  • Gross Building Area: 4,920
  • Building Area: 3,984
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,984
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGEWATER SEC 2
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 21 EDGEWATER SEC 2

Neighborhood

  • School District Name: Lake Travis Independent School District
  • School Tax School District: LAKE TRAVIS ISD
  • Census Tract: 033100

Geography

  • Assessors Map Reference: 0145760544
  • Account Number: 148015
  • Parcel: 148015
  • Lot: 21
  • Municipality: CITY OF LAKEWAY
  • Latitude: 30.3804
  • Longitude: -97.9763

    Address

  • Full Address: 1228 Challenger
  • Address - House Number: 1228
  • Address - Street Name: Challenger
  • State: TX
  • City Name: Lakeway
  • Carrier Code: R014
  • 4-Digit Zip Code: 3850
  • Zip Code: 78734

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,392,817
  • Tax Rate Code Area: 52

    Appraisal Valuation

  • Standard Deviation: 0.2576
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 63
  • Final Value: 1,020,085
  • High Value: 1,282,874
  • Low Value: 757,297

    Market Valuation

  • Market Total Value: $1,038,032
  • Market Land Value: $297,000
  • Market Improvement Value: $741,032

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,038,032
  • Assessed Land Value: $297,000
  • Assessed Improvements Value: $741,032

    Sales

  • Current Sale Contract Date: Sep 08, 2022
  • Current Sale Recording Date: Sep 09, 2022
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 150917
  • Previous Sale Recording Date: Sep 09, 2022
  • Previous Sale Contract Date: Aug 19, 2022
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lakeway


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Frequently Asked Questions

When was property at 1228 Challenger built and last sold?
The property at 1228 Challenger was built in 1998 and last sold on Sep 8, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 1228 Challenger is $1,162,180.
What are some comparable homes to 1228 Challenger?
There are currently no comparable homes to 1228 Challenger.