See Home Value
Lakeway 78734
506 Explorer
$709,900
● House - Off Market

506 Explorer

Lakeway, TX 78734
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,102 Ft²
$4,299
Est. Monthly
2.92%
Cap Rate

About This Property

Welcome to 506 Explorer, a stunningly remodeled house nestled on a double half acre lot with private well & city water - a rare find in Lakeway!   ALL OFFERS WELCOME AND CONSIDERED.

This contemporary three-bedroom, two-bathroom home offers a generous 1,904 square feet of chic open living space. Natural light floods the interior, highlighting the sleek design and high beamed ceilings in the living room, which features a striking stone fireplace - a perfect gathering spot for cozy evenings. The heart of the home is the chef's kitchen that boasts a large center island with bar top seating, high-end stainless steel appliances, and ample cabinetry. Retreat to the primary bedroom, a sanctuary equipped with its own fireplace and an en-suite spa-style bath, complete with a dual vanity, luxurious step-in shower, and walk-in closet. Outside, the spacious deck invites you to relax and entertain amid the backdrop of whimsical trees providing delightful shade. With top-rated schools, the Hill Country Galleria for shopping, local dining options minutes away, Lake Travis amenities, and a short commute to the city, this property ensures a balance of peace and convenience. Don't miss the opportunity to call this extraordinary Lakeway house your new home.
Unit Size
2,102 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$338
Property Type
House
Property Taxes
$813
HOA Dues
-
Year Built
1985

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Last updated: 8 months ago (Unlock MLS #ACT9963075)

Price History

Date / Event Date Event Price
Jan 9, 2026 In contract -
In contract
Dec 12, 2025 Price Decreased $709,900
↓ $5K (0.7%)
Price Decreased
Nov 15, 2025 Price Decreased $715,000
↓ $15K (2%)
Price Decreased
Oct 2, 2025 Price Decreased $729,500
↓ $500 (0.1%)
Price Decreased
Sep 20, 2025 Price Decreased $730,000
↓ $20K (2.7%)
Price Decreased
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 660
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,862
  • Lot Size Depth Feet: 1,810
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 2,564
  • Gross Building Area: 2,564
  • Building Area: 1,904
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,904
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWAY SEC 18 AMD PLAT OF LOT 2078 & 20
  • Land Acres: 0000000502
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 2079A LAKEWAY SEC 18 AMD PLAT OF LOT 2078 & 2079 & PT OF CARAVELLE

Neighborhood

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

Geography

  • Assessors Map Reference: 0145730262
  • Account Number: 808358
  • Parcel: 808358
  • Lot: 2079A
  • Municipality: CITY OF LAKEWAY
  • Latitude: 30.3792
  • Longitude: -97.9746

    Address

  • Full Address: 506 Explorer
  • Address - House Number: 506
  • Address - Street Name: Explorer
  • State: TX
  • City Name: Lakeway
  • Carrier Code: R014
  • 4-Digit Zip Code: 3447
  • Zip Code: 78734

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $504,938
  • Tax Rate Code Area: 52

    Appraisal Valuation

  • Standard Deviation: 0.2444
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 65
  • Final Value: 633,204
  • High Value: 787,984
  • Low Value: 478,424

    Market Valuation

  • Market Total Value: $581,094
  • Market Land Value: $220,000
  • Market Improvement Value: $361,094

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $444,155

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 506 Explorer built and last sold?
The property at 506 Explorer was built in 1985 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 506 Explorer is $0.
What are some comparable homes to 506 Explorer?
There are currently no comparable homes to 506 Explorer.