ActiveResidential · sale

15200 Dorothy

Lakeway, TX 78734

$899,990

  • 4 beds
  • 4 baths
  • 3,498 sq ft
  • 0.28 acres
  • Built 2026

Listed by Elite Living Realty · MLS #ACT7711057

A FEW THINGS TO NOTICE

What stands out.

Living spaces

At the heart of the residence is the expansive family room, highlighted by a stunning fireplace and seamless flow into the gourmet kitchen and breakfast area—creating the perfect environment for hosting gatherings both large and intimate.

Details worth a look

Designed to embrace indoor-outdoor living, the spacious covered patio offers the perfect place to enjoy peaceful mornings or entertain guests year-round.

Year built

Built in 2026.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Builder offering staircase leading to backyard as part of advertised price. Welcome to 15200 Dorothy Dr, where timeless elegance meets modern luxury in a thoughtfully designed home built for both everyday comfort and elevated entertaining. Upon entry, you’re welcomed by a sophisticated formal dining room that sets the tone for the refined finishes and spacious design found throughout the home. At the heart of the residence is the expansive family room, highlighted by a stunning fireplace and seamless flow into the gourmet kitchen and breakfast area—creating the perfect environment for hosting gatherings both large and intimate. The chef-inspired kitchen features an oversized island, double ovens, a butler’s pantry, and an expansive walk-in pantry, blending style with exceptional functionality. Designed to embrace indoor-outdoor living, the spacious covered patio offers the perfect place to enjoy peaceful mornings or entertain guests year-round. Optional multi-slide glass doors can further enhance the space by creating a seamless transition between the indoors and outdoors. The home’s thoughtfully designed split floor plan offers privacy and flexibility. Three generously sized secondary bedrooms, all with walk-in closets, are positioned near a full bath, utility room, and access to the two-car swing garage, with the option to add a third-car garage for additional convenience. Privately situated on the opposite side of the home, the luxurious primary suite serves as a true retreat, featuring a beautiful bay window that fills the space with natural light. The spa-inspired primary bath includes dual vanities, a soaking tub, oversized super shower, and an impressive walk-in closet. Additional living space upstairs includes a spacious game room, an additional bedroom with walk-in closet, and powder bath, with the option to convert the space into a private media room.

THE NEIGHBORHOOD

Explore the location.

15200 Dorothy, Lakeway, TX 78734

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2026
Full baths
3
Half baths
1
Garage spaces
3
Cooling
Central Air, ENERGY STAR Qualified Equipment
Heating
Central, ENERGY STAR Qualified Equipment, Propane
Appliances
Bar Fridge, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, Exhaust Fan, Microwave, Oven, Double Oven, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan
Flooring
Carpet, Tile, Wood
Fencing
Partial
Accessibility
None
Pool features
None
Subdivision
The Preserve at Lakeway
Parcel
01356802170000
HOA
The Preserve at Lakeway HOA
HOA amenities
Maintenance Grounds
HOA fee frequency
Annually
Elementary school
Lakeway
Middle school
Hudson Bend
High school
Lake Travis
HOA fee
$216.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$3,749.96
Cap rate

Annual operating income:

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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15200 Dorothy, Lakeway, TX 78734 · MLS #ACT7711057

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More in Lakeway.

Listing information

MLS #ACT7711057 · Austin Board of Realtors

Listing brokerage: Elite Living Realty
Listing agent: Kevin Dibia

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.