Lakeway, Texas Named Best Spot for Waterfront Homes in the US

A stunning waterfront property in Lakeway, Texas, perfect for families and relaxation.

News Summary

Lakeway, Texas has been recognized as the best location for buying waterfront real estate in the USA, according to a recent study by Virtual Staging AI. Located near Lake Travis, it offers spacious homes with competitive pricing, boasting average prices per square foot significantly lower than the national average. The study considered various metrics, including median price and square footage, making Lakeway a prime destination for homebuyers seeking waterfront properties. Other notable locations include Corolla and Nags Head in North Carolina.

Lakeway, Texas Takes the Crown for Best Waterfront Homes in the US!

If you’re dreaming of a home by the water, there’s a new hot spot for you to consider! Lakeway, Texas, has been named the best location for buying waterfront real estate in the USA, according to a recent study conducted by Virtual Staging AI. Nestled just west of Austin in the picturesque Texas Hill Country and next to the stunning Lake Travis, Lakeway is making waves in the real estate market.

What Makes Lakeway So Special?

Lakeway was chosen after analyzing 100 popular beach communities across the nation. The researchers looked into six key metrics to find the best place for those eager to invest in waterfront properties. These metrics included:

Median price
Median square footage
Price per square foot
Home price-to-income ratio
Number of bedrooms
Number of bathrooms

The first four metrics were given more weight in the analysis, ensuring that affordability and value stood out as critical factors. And boy, did Lakeway shine!

Space Galore!

When it comes to space, waterfront properties in Lakeway boast an impressive average of 52% more square footage compared to the national average! This is a huge bonus for families or anyone wanting a little extra room to breathe. Most of these beautiful homes typically feature four bedrooms and four bathrooms, making them perfect for larger families or guests.

A Price to Love

Now, let’s talk numbers. The average price per square foot for waterfront homes in Lakeway is around $451. This figure is nearly 50% lower than the national average, making it a fantastic deal for buyers. Plus, with the median household income in Lakeway landing at an impressive $154,118, the area offers a healthy home price-to-income ratio.