If you’re on the hunt for a charming neighborhood in Northwest Austin with a prime location and a strong sense of community, Lakewood might just check all your boxes. Known for its scenic landscapes, diverse homes, and convenient access to the city, Lakewood is increasingly becoming a sought-after spot for prospective homeowners. Located in the Austin Hill Country, Lakewood sits next to another sought-after neighborhood in Jester Estates and surrounded by multiple parks and green space. Most of the homes in the community were built in the 70’s, but has it’s fair share of remodels and brand new custom homes throughout the community. Lakewood is located within 13 miles of both Downtown Austin (South) and Lake Travis (North) off of Hwy 360. This Lakewood neighborhood guide dives into everything you need to know about living in Lakewood—from its housing options to its amenities and lifestyle offerings. Scroll Down to Read Our Lakewood Neighborhood Guide.
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Lakewood Neighborhood Map
Lakewood is located on Lakewood Boulevard off of Hwy 360. The community is across from Bull Creek Park and connects to the neighboring community of Jester Estates. The neighborhood is located between RM2222 and Spicewood Springs Road making it an easy commute to Lake Travis or to Downtown Austin. Explore other Northwest Austin neighborhoods in our Northwest Austin Neighborhood Guide. Scroll down to continue reading our Lakewood neighborhood guide.
Lakewood Zip Code
Lakewood is located in Northwest Austin’s 78750 zip code.
What Does the Lakewood Neighborhood Look Like?
Lakewood is a blend of well-maintained homes, mature trees, and picturesque Texas Hill Country views. Located just below Jester Estates along Capital of Texas Highway (Loop 360), the neighborhood is dotted with rolling hills, giving some areas beautiful elevated vistas.
The peaceful streets are ideal for biking, jogging, or evening strolls. Thanks to its abundance of green spaces and proximity to parks, it’s easy to escape into nature while staying close to urban conveniences. The beauty of Lakewood is that it combines tranquility with accessibility.
What Do Homes in Lakewood Look Like?
No two homes in Lakewood look quite the same, offering a level of uniqueness not often found in typical suburban developments. Built mostly between the 1960s and 1990s, you’ll find a variety of architectural styles, ranging from ranch-style to modern renovations. Expect diverse layouts with homes featuring anywhere from two to five bedrooms and two to four bathrooms, with sizes ranging between 1,300 and 4,072 square feet.
Lots are moderately sized, typically ranging from 0.08 to 0.8 acres, and are surrounded by mature landscaping for added charm. The median home offers three bedrooms, two bathrooms, and sits on about 1,938 square feet. While some properties come fully modernized, others still retain their original charm with opportunities for remodeling or updates, making this neighborhood ideal for a range of tastes and budgets.
Whether you’re after a spacious single-story home with a large deck or a two-story layout with an expansive view, Lakewood’s real estate market offers something for everyone.
Average Lakewood Home
The average home in Northwest Austin’s Lakewood has the following profile:
- 4 bedrooms
- 2 bathrooms
- 2,505 square feet
What’s It Like Living in Lakewood?
Life in Lakewood is relaxed, scenic, and community-oriented. Its central location positions residents within easy reach of everything Austin has to offer while giving them a peaceful retreat to come home to. The neighborhood fosters a close-knit feel, and many residents enjoy its welcoming vibe.
Lakewood’s hilly terrain is a big plus for active residents. Biking is a popular pastime here, and the gentle slopes also make for a beautiful backdrop when exploring nature or simply sipping coffee on your porch.
Why Home Buyers Choose Lakewood
There are several reasons home buyers are drawn to the Lakewood neighborhood:
- Prime Location: Just 10 miles from Downtown Austin and minutes from major highways like Loop 360 and RM 2222, Lakewood offers a convenient commute to almost anywhere in central Austin. Plus, Lake Travis is only 13 miles to the north, making it easy to enjoy lakeside recreation.
- Community Amenities: Residents enjoy access to exclusive amenities, including a neighborhood clubhouse, swimming pool, tennis courts, and a playground, which are great for socializing and staying active.
- Nature at Your Doorstep: Being close to Bull Creek Park and other green spaces makes it easy to enjoy hiking, picnics, and outdoor activities without venturing far.
Neighborhood Amenities That Stand Out
Bull Creek Park
Located just across Loop 360, Bull Creek Park is one of the biggest highlights near Lakewood. This 48-acre park is a hub for outdoor enthusiasts, offering trails, creeks, picnic areas, and even a dog-friendly park. Whether you’re into jogging, fishing, or wading through calm creek waters, this park is a favorite weekend spot for many.
Lakewood Community Clubhouse and Pool
Lakewood residents enjoy access to first-rate amenities including a clubhouse, tennis courts, and a swimming pool. These facilities are available for relaxation, workouts, and community events. With recent renovations, the pool area now boasts upgraded features for added comfort and style.
How’s the Commute to and From Lakewood?
One of Lakewood’s standout features is its prime location. Situated just off Loop 360 and close to RM 2222, it offers an easy commute to various parts of Austin:
- Downtown Austin is approximately a 20-minute drive south.
- Lake Travis and its recreational offerings are about 20 minutes north.
- Major Shopping Areas like The Arboretum and Gateway Shopping Center are just a quick 5-minute drive away, providing access to Whole Foods, REI, and other amenities.
Whether you’re commuting to work, heading downtown for a night out, or running errands, Lakewood’s proximity to major roads ensures you spend less time in traffic and more time enjoying your day. Scroll down to continue reading our Lakewood neighborhood guide.
Lakewood Property Tax Rate
The property tax rate in Northwest Austin’s Lakewood neighborhood is 1.8092% as of the 2023 tax year, down from 1.9749% as of the 2022 tax year. The property tax rate was 2.1767% as of the 2021 tax year.
Lakewood Schools
Children who live in Northwest Austin’s Lakewood neighborhood are served by the Austin ISD and will likely attend the following schools:
- Hill Elementary - 8/10
- Murchison Middle - 6/10
- Anderson High - 7/10
School ratings reflect Great Schools ratings as of January 2025. Ratings are subject to change at any time. Please verify ratings and boundaries with the school district.
Lakewood Photos
Lakewood Sold Data – What Lakewood Homes Actually Sold For
What sold recently in Lakewood and for how much? Where can I find pictures of homes that actually sold? How many days does it take to sell a home in Lakewood? How many homes are currently for sale in Lakewood? What’s the median sold price in Lakewood? What does the 90 day historic market trend look like in Lakewood? How’s the Lakewood market trending?
All of these questions (and more!) can be answered on our Lakewood Sold Data Report.
Grocery Shopping Near Lakewood
The closest big chain grocery store to the Lakewood neighborhood is Randalls which is less than 3 miles away on the corner of Spicewood Springs Road and Mesa Drive. Whole Foods and Sam’s Club are 4 miles away in the Gateway Plaza and Costco and HEB are also close by near Braker Lane. Scroll down to continue reading our Lakewood neighborhood guide.
Coffee Shops and Work-Friendly Spots Near Lakewood
For coffee lovers and remote workers, Lakewood has several quality options:
- Starbucks on Spicewood Springs Road offers consistent coffee and plenty of seating for working on the go.
- Russell’s Bakery & Coffee on 2222 is a cozy spot known for its delicious baked goods, local coffee, and welcoming atmosphere—perfect for catching up on work or enjoying a quiet moment.
- Epoch Coffee – Far West provides a relaxed vibe with ample seating, great for remote work or catching up with friends. Their locally roasted coffee and extended hours make it a convenient spot for early birds and night owls alike.
- Shevet Cafe offers a unique and modern setting with artisanal coffee, flavorful Mediterranean-inspired snacks, and plenty of natural light—an ideal choice for both work and casual meetups.
Favorite Restaurants and Bars
Within a five-mile radius, Lakewood has an abundance of dining options:
- Jack Allen’s Kitchen is a farm-to-table restaurant known for its vibrant menu featuring fresh, locally sourced ingredients and a warm, inviting atmosphere perfect for family dinners or casual evenings with friends.
- Another Broken Egg Cafe is a charming breakfast and brunch spot offering a diverse menu of creative dishes like signature omelets, indulgent pancakes, and seasonal specialties, served in a cozy and welcoming environment.
- County Line on the Lake offers gorgeous waterfront views alongside some of the best barbecue in town. It’s a must-visit for entertaining guests or enjoying a leisurely evening outdoors.
- Waterloo Icehouse provides delicious comfort food and a laid-back atmosphere, perfect for unwinding after a long day.
Where to Stay Active in and Around Lakewood
Staying active is easy in Lakewood with several fitness options nearby:
- Bull Creek Park offers trails for walking and jogging, basketball courts, and wide-open spaces for yoga or group activities.
- Anytime Fitness on RM 2222 is a 24/7 gym with state-of-the-art facilities and an approachable atmosphere.
- Alloy Personal Training Bull Creek focuses on personalized fitness programs and small group training sessions, offering tailored guidance and support to help you achieve your fitness goals.
- RvE Fitness is a boutique fitness studio specializing in high-intensity interval training (HIIT) and strength workouts, with expert trainers who provide personalized attention to help you maximize your results.
Things to Do Near Lakewood
Lakewood is a popular neighborhood for residents with kids because of its central location to most of Austin. If you’re into boating, fishing or swimming, the Lakewood Community is near the Lake Austin Boat Ramp off Hwy 360 and just a 13 mile drive to Lake Travis. You are also only 13 miles from Downtown Austin making it a convenient commute to any annual festivities or events in the city. Popular Bull Creek Park is located just across Hwy 360 from the Lakewood Neighborhood. Bull Creek is a 48 acre park with barbecue pits, basketball courts, a fishing pier and one of the most popular dog parks in Austin.
Make Lakewood Home Today
Lakewood offers a unique blend of serene Hill Country living with easy access to Austin’s vibrant city life. With its mix of one-of-a-kind homes, abundant amenities, and unbeatable location, it’s no surprise that home buyers are drawn to this charming neighborhood.
Thinking of making a move? Our team of experienced Lakewood buyer’s agents are here to help simplify the process. Contact us today, and take the first step towards finding your perfect Lakewood home.
We hope you enjoyed reading our Lakewood neighborhood guide.
Northwest Austin Realtor Specializing in Lakewood
Rebecca Jacks and Raymond Stoklosa are Northwest Austin Realtors specializing in Lakewood homes. Whether you’re looking to buy or sell a home in Lakewood, Rebecca and Raymond know the area well and have the experience and tools necessary to make your next real estate transaction stress free. For more info about who we are and how we work, check out Buying a Home in Lakewood and Selling a Home in Lakewood.
