ActiveResidential · sale

122 World Of Tennis

Lakeway, TX 78738

$434,900

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

Listed by Coldwell Banker Realty · MLS #ACT8237307

122 World Of Tennis, Lakeway, TX 78738 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Indoor/outdoor living is at the heart of this home, with a front porch for morning coffee and sunset views, a back patio for quiet evenings, and a balcony perfect for al fresco dinners.

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.

Condos like this don’t come around often. This 2,272 sqft home in World of Tennis lives like a private residence — beautifully finished, low-maintenance, and full of the right touches throughout. Four bedrooms, each with its own en-suite bath, offer everyone their own space, while the open kitchen with center island flows effortlessly into the living and dining areas, overlooking the tennis courts and mature trees.

Indoor/outdoor living is at the heart of this home, with a front porch for morning coffee and sunset views, a back patio for quiet evenings, and a balcony perfect for al fresco dinners. Inside, every detail works together — hardwood and tile flooring throughout, updated cabinets, sinks, bathrooms and fixtures, lighting and fans, and solar shades on every window for comfort and efficiency year-round. Storage is generous inside and out, with closets featuring built-ins, this home is truly move-in ready.

The location is unbeatable — zoned to Serene Hills Elementary, and just minutes from Lakeway and Bee Cave's best shopping and dining. Enjoy easy access to the Lakeway Swim Center, miles of hiking and biking trails, the Hamilton Greenbelt, Lakeway Marina, and area golf courses. All the beauty of hill country living, with a low tax rate and the ease of lock-and-leave — just 30 minutes from downtown Austin.

This is the perfect combination of space, style, and location, all in one!
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THE NEIGHBORHOOD

Explore the location.

122 World Of Tennis, Lakeway, TX 78738

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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, Electric
Appliances
Convection Oven, Dishwasher, Disposal, Electric Cooktop, Microwave, Stainless Steel Appliance(s), Electric Water Heater, Water Purifier Owned
Flooring
Tile, Wood
Fencing
None
Accessibility
None
Pool features
None
Subdivision
Lakeway World Tennis Condo
Parcel
01358004340000
HOA
Prism Property Mgmt
HOA amenities
Common Area Maintenance, Landscaping, Maintenance Structure, Parking
HOA fee frequency
Monthly
Elementary school
Serene Hills
Middle school
Hudson Bend
High school
Lake Travis
Annual property tax
$8,356.18
HOA fee
$499.00

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$123.87
Estimated monthly rent$1,812.08
Cap rate0.59%

Annual operating income: $2,573.67

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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 & 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).

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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122 World Of Tennis, Lakeway, TX 78738 · MLS #ACT8237307

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Listing information

MLS #ACT8237307 · Austin Board of Realtors

Listing brokerage: Coldwell Banker Realty
Listing agent: Kristen Balke

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