ActiveResidential · sale

114 World Of Tennis

Lakeway, TX 78738

$365,000

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

Listed by Coldwell Banker Realty · MLS #ACT4019075

A FEW THINGS TO NOTICE

What stands out.

Living spaces

A striking blue onyx-inspired tile feature wall creates a dramatic focal point in the living room, wrapping the electric fireplace and continuing seamlessly into the kitchen column and backsplash.

Details worth a look

The dining room opens to a covered patio overlooking one of the community tennis courts — a peaceful, tree-framed setting ideal for morning coffee or evening unwinding.

Year built

Built in 1971.

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

THE PROPERTY

Get to know the property.

Sophisticated design meets effortless Lakeway living in this beautifully reimagined four-bedroom residence in World of Tennis.

The main level offers an open and inviting flow between kitchen, dining, and living spaces, with a secondary bedroom connected to a Jack-and-Jill bath that also serves guests. The dining room opens to a covered patio overlooking one of the community tennis courts — a peaceful, tree-framed setting ideal for morning coffee or evening unwinding.

A striking blue onyx-inspired tile feature wall creates a dramatic focal point in the living room, wrapping the electric fireplace and continuing seamlessly into the kitchen column and backsplash. This architectural element ties the spaces together and gives the home a cohesive, elevated feel.

The kitchen has been thoughtfully redesigned for both beauty and function, featuring custom soft-close cabinetry, extensive pull-outs and rotating corner storage, glass display cabinets with interior lighting, under-cabinet lighting, solid surface countertops with integrated sink and backsplash, and an expanded passthrough to the dining area.

Downstairs, three spacious bedrooms — including the primary suite — each enjoy fully renovated en-suite baths with custom tile work, frameless glass showers, updated vanities, and modern lighting. The primary suite also features a customized closet system and access to a second covered patio.

Additional updates include luxury vinyl plank flooring, a custom wood staircase with metal railing, updated lighting throughout, and only three exterior steps to entry — a rare convenience in the community.

Located directly across from the Lakeway Swim Center and adjacent to World of Tennis Club (optional membership with fitness, pools, and tennis), this home offers the ideal blend of privacy, lifestyle, and low-maintenance living. Within sought-after LTISD and ideally positioned near Lakeway’s parks, trails, dining, and Lake Travis.

THE NEIGHBORHOOD

Explore the location.

114 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, Fireplace(s)
Appliances
Dishwasher, Disposal, Microwave, Electric Oven, Electric Water Heater
Flooring
Carpet, Tile, Wood
Fencing
None
Accessibility
See Remarks, Stair Lift
Pool features
None
Subdivision
Lakeway World Of Tennis Condominiums
Parcel
01358004200000
HOA
World of Tennis COA
HOA amenities
Common Area Maintenance, Insurance, Landscaping, Maintenance Structure, Trash
HOA fee frequency
Monthly
Elementary school
Serene Hills
Middle school
Hudson Bend
High school
Lake Travis
Annual property tax
$2,725.00
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$367.71
Estimated monthly rent$1,520.83
Cap rate1.46%

Annual operating income: $5,324.97

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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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114 World Of Tennis, Lakeway, TX 78738 · MLS #ACT4019075

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Listing information

MLS #ACT4019075 · Austin Board of Realtors

Listing brokerage: Coldwell Banker Realty
Listing agent: Jennifer Pierson

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