156 World Of Tennis Sq

Lakeway, TX 78738

$350,000

4 beds
4 baths
2,272 sq ft
0.21 acres
Built 1971

Listed by eXp Realty, LLC · MLS #ACT4228875

156 World Of Tennis Sq, Lakeway, TX 78738 — photo 1

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156 World Of Tennis Sq, Lakeway, TX 78738 · MLS #ACT4228875

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Step outside to enjoy your private patio and balcony overlooking the community, or take advantage of the exceptional amenities just steps from your door.

Year built

Built in 1971.

Property size

0.21 acres listed.

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

THE PROPERTY

Get to know the property.

Experience effortless Lakeway living in this beautifully updated condominium, offering the perfect blend of comfort, convenience, and resort-style amenities. Whether you're seeking a full-time residence, lock-and-leave second home, or income-producing investment opportunity, this spacious 4-bedroom, 4-bath retreat is ready to impress.

Filled with natural light and designed in a bright, neutral palette, the home features an open and inviting layout with thoughtful updates throughout. The kitchen showcases stainless steel appliances, granite countertops, and abundant storage, while all four bathrooms have been tastefully remodeled with updated vanities, designer tile showers, and modern flooring.

The flexible floor plan includes a spacious primary suite upstairs, accompanied by two additional bedrooms and baths, while a secondary suite on the main level offers ideal accommodations for guests or multigenerational living. Generous closet space and exterior storage closets provide practical functionality without sacrificing style.

Step outside to enjoy your private patio and balcony overlooking the community, or take advantage of the exceptional amenities just steps from your door. Residents enjoy access to eight tennis courts, nearby championship golf courses, community pools, scenic hiking trails, parks, marinas, and beautiful Lake Travis recreation.

Located in the heart of Lakeway and served by acclaimed Lake Travis ISD, this move-in-ready condominium offers the ultimate Hill Country lifestyle with all the benefits of low-maintenance ownership.

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THE NEIGHBORHOOD

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156 World Of Tennis Sq, Lakeway, TX 78738

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LOCAL MARKET CONTEXT

Travis County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$505,893Down 1.5% vs. the previous 12 months

Months of supply5.612-month average

Days on market8412-month weighted average

Latest available data: August 2026. Research by ERA Brokers Consolidated.

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These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 1971
Full baths: 4
Half baths: 0
Garage spaces: 0
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Range, Stainless Steel Appliance(s)
Flooring: Carpet, Tile, Vinyl
Fencing: None
Accessibility: None
Pool features: None
Subdivision: Lakeway World Tennis Condo
Parcel: 01378008070000
HOA: Lakeway World of Tennis
HOA amenities: Common Area Maintenance
HOA fee frequency: Monthly
Elementary school: Serene Hills
Middle school: Hudson Bend
High school: Lake Travis
Annual property tax: $7,723.45
HOA fee: $454.00

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$-52.21

Estimated monthly rent$1,458.33

Cap rate0.07%

Annual operating income: $248.52

HOA: Includes $454.00 per month in HOA dues, converted from the $454.00 monthly fee reported by the listing source.

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Purchase price

Rental income & operating costs

Estimated monthly rent

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

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

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.

Monthly HOA

Other monthly costs

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

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Mortgage assumptions

Down payment (%) Interest rate (%) Loan term

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

Estimated monthly principal & interest—Loan 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).

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Listing information

MLS #ACT4228875 · Austin Board of Realtors

Listing brokerage: eXp Realty, LLC
Listing agent: Cody Wickham

Listing status: Active. Record updated September 10, 2026. Confirm current availability and price with the listing agent.