517 Dragon, Austin, TX 78734
Property image
Property image
PENDING
3D VIEW
0.98 ACRES

$650,000

  • 3 Beds
  • 2.5 Baths
  • 2,000 sqft (on 0.98 acres)

517 Dragon, Austin, TX 78734

Est. Mortgage $4,333/mo*
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Home Highlights

Single-Family Home
Built in 1976
0.98 acre lot
$325/sqft
Garage

Local Information

  • Map ViewExplore the area around 517 Dragon.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Rare opportunity on nearly an acre with Lake Travis views! Home has been taken down to the studs — a blank canvas to customize the interior to your vision. Vaulted beamed ceilings and a stone fireplace showcase the home's great bones and scale. Total lot size is .98 acres, offering the potential to subdivide or re-plat back into two separate lots (buyer to verify with city of Lakeway & Lakeway MUD). A unique chance to renovate, build new, or capitalize on the double-lot potential in this prime location.
Last check for updates: about 10 hours ago
Listing courtesy of Wyc Cummings, (512) 444-7171
The Marye Company, (512) 444-7171
Source: Unlock MLS, MLS#3685546
Also Listed on Unlock MLS.

Home Details for 517 Dragon

Active Status

MLS Status: Pending

Interior Features

Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2000 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Phone Available, Water ConnectedAppliances: None
Heating & Cooling
Heating: NoneNo CoolingAir Conditioning: NoneNo Heating
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Family Room
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Aluminum FramesFlooring: Wood
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: NoneFloors: Wood
View
Has a ViewView: Lake, River

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Deck, PatioFencing: NoneOther Structures: NoneExterior: No Exterior StepsFoundation: SlabNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No GarageNo Attached GarageParking Spaces: 2Parking: Carport
Pool
Pool: None
Frontage
Waterfront: NoneNot on Waterfront
Water & Sewer
Sewer: See Remarks
Farm & Range
Not Allowed to Raise Horses

Days on Market

Days on Market: 41

Property Information

Year Built
Year Built: 1976
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New Construction
Property Information
Condition: See RemarksParcel Number: 01418012230000

Price & Status

Price
List Price: $650,000Price Per Sqft: $325
Status Change & Dates
Off Market Date: Mon Aug 24 2026Possession Timing: Funding

Location

Direction & Address
City: LakewayCommunity: Lakeway Sec 03
School Information
Elementary School: Serene HillsElementary School District: Lake Travis ISDJr High / Middle School: Hudson BendJr High / Middle School District: Lake Travis ISDHigh School: Lake TravisHigh School District: Lake Travis ISD

Agent Information

Listing Agent
Listing ID: 3685546

Community

Community Features: Airport/Runway, Cluster Mailbox, Golf, Park, Playground
Other
Playground

HOA

No HOA

Lot Information

Lot Area: 0.98 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: See Remarks, Cash, Committed Money

Miscellaneous

Mls Number: 3685546Water ViewWater View: Lake, RiverAttribution Contact: (512) 444-7171

Additional Information

Airport/RunwayCluster MailboxGolfParkPlayground

Around this home

What Locals Say about Lakeway

At least 121 Trulia users voted on each feature.
  • 95 % Say it's dog friendly

  • 93 % Say car is needed

  • 91 % Say there's wildlife

  • 90 % Say parking is easy

  • 89 % Say there's holiday spirit

  • 87 % Say people would walk alone at night

  • 84 % Say it's quiet

  • 78 % Say yards are well-kept

  • 73 % Say kids play outside

  • 61 % Say neighbors are friendly

  • 61 % Say they plan to stay for at least 5 years

  • 52 % Say there are community events

  • 39 % Say there are sidewalks

  • 24 % Say it's walkable to restaurants

  • 17 % Say streets are well-lit

  • 14 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • D88qjmgn85
    "It’s naturally beautiful and has wildlife. The lake is also gorgeous and fun for wakeboarding, wake surfing etc. "
  • Jessica.bedoya
    "Dogs are always welcome in this community. Owners are always watching if any of them seems to be lost to posted in the FP of the community as well "
  • Upayan
    "Great place to live. Very safe, and weather is better up here. Fewer food choices than up North or in the city but it’s growing. We love it. "
  • Jessica.bedoya
    "Frontyard is a good place to meet with other families. Perfect location with less impact during storms. Not happy with the academic level of Lake Travis "
  • Nick K.
    "There is a new Dog park, most things are pet friendly, you will find multiple people walking their dogs at all times"
  • Joshua.osborne27
    "I’ve lived here since 2017. It’s grown a lot even since then. We live in a private, small gated neighborhood and it’s wonderful. There are lots of people moving to Lakeway from California and other states changing the vibe and driving prices up significantly. It’s got great pockets and then very large densely populated areas. At this rate the entire city will be much denser and different in the future."
  • Frank B.
    "Beautiful, family friendly, awesome views, hilly, quiet, on the water, great schools, and near everything you need."
  • Elisegiles
    "Easy commute to 2222. 30 mile speed limit, but generally no heavy traffic en route. Enjoy the neighborhood feel and wildlife sightings ( deer, birds, etc.). "
  • Hotdogit
    "Space and a ton of dog walkers. Not a huge amt of golfers so you can walk on the course. Lots of trails as well."
  • Chris M.
    "The Lakeway area has great trail systems and dedicated dog parks with free bag stations for pet waste."
  • Gweatherred
    "Lakeway is a great neighborhood in the central Texas area. Austin is a close drive away. The hill country is a beautiful area of the state. Lakeway itself is safe and a child friendly community. "
  • Julie R.
    "great paths and hiking trails, streets to walk on and a few dog parks. Great vets, boarding and day care and quality local pet food and supply stores. Small dogs and cats cannot be left outside unattended because of hawks, owls and coyotes. "
  • Julie R.
    "You can walk your dog all around the streets and hiking trails with streams and a dog park next to the City Park with Lake Travis access. "
  • Mary B.
    "If I leave early like 7:00 am traffic is manageable. Any later, it takes 45 minutes to drive 11 miles"
  • Gweatherred
    "Great area different age groups. Different house plans. Most all are custom homes. Friendly atmosphere and people. Great schools and well maintained community. Taxes are the only drawback extremely high and for those who have raised children already school taxes are overwhelming high. "
  • Dpond
    "Safe and beautiful! All homes are architecturally different. 30 mph streets. Beautiful parks. Close to stores. "
  • Charles W
    "Friendly safe secure makes me happy I chose Lakeway for my home over other close by neighborhoods. Always feel proud of the area "
  • Pond
    "This area has fabulous parks for families. The LT school system is excellent. Make sure your children are involved in music, arts drama or sports to keep them busy. There is problems with drugs with many children with too much idle time on there hands. "
  • Rachel
    "Many Lakeway activities. Movies in the park. Dances at community center ..........................lakeside activities and many parks great place for dogs"
  • DPond
    "It’s beautiful, near the lake, great parks everywhere here, gorgeous wildlife and kind neighbors. There’s not one house that’s alike. The police force is good, but almost not needed. Crime rate is super low. But too many people here now! "
  • Gweatherred
    "I’m retired so downtown would be at off hours so 25 minutes. Great community friendly people well kept area b"
  • Wendyhalverson
    "30 mins to down town, HEB, Target and hospital within 3 miles. LTLISD Schools are outstanding. We have lake access and hike trails within a mile. A great community! "
  • Gweatherred
    "Lots of dog owners here in Lakeway. Parks offer dog park as well. Plenty of walking trails in the city. Homeowners are good about dogs barking bother neighbors "
  • Fem5354
    "No sidewalks. No street lamps. No daycare. Very few parks. Too much traffic. The neighborhoods are not culturally diverse. The cost of living here is too high primarily because the school system is top rated and therefore, even if you do not have children that are school aged, you are still paying taxes as if you did. "
  • Fem5354
    "It is like living in a glass bubble. There are no sidewalks. There are very few over head or street lights. Everything except Whataburger closes by nine o’clock. There are no local movie theaters. The average age is fifty years old. There is no public transportation . There are no bus lines or commuter trains running in through town. There is not enough parking available at the high school.? And of course, most of the high school students are driving their own vehicles because that’s a status symbol here. "
  • Micmudd
    "There are no community events except the amenities where people tend to gather and socialize on the weekends. "
  • Lorie B.
    "Wildlife is incredible, friendly neighbors, houses are all uniquely designed, many with incredible views of golf course or lake. Lakeway Resort is nearby and great for family in town visiting. "
  • Thuser268
    "It’s quaint and quiet yet very family oriented with kids playing outside, people walking their dogs and out for exercise morning and evening. "
  • Kelly S.
    "I live and work in this area I live it here we love the area and use the lake and hike / bike trails often This is a safe kid friendly area with lots if outside activities that are fun for all ages I highly recommend this area to everyone considering moving to this area any time soon We have lived here for 12 years and love it "

Market trends in Lakeway

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$837K
$23.02K
MoM
Sale-to-List Price
96.7%
0.4%
MoM
Price per sq ft
$287
$3
MoM
Available listings
277
22
MoM

Home Value

Trulia Estimate
$636K
Since last month
Decreased$2K (-0.4%)
Since last year
Increased$7K (+1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +50% in the last 10 years
MonthEstimated value
2026
September 2026$637K
August 2026$639K
July 2026$653K
June 2026$682K
May 2026$671K
April 2026$653K
March 2026$647K
February 2026$630K
January 2026$620K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.26
Single-Family Home
-
11/18/25
4
6.5
5,038
0.74
Single-Family Home
-
01/15/26
3
2
2,300
0.73
Single-Family Home
-
05/15/26
3
3
2,878

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.18
$799,000
3
2.5
2,522
For Sale
0.27
$549,000
3
2
1,944
For Sale
0.28
$1,795,000
5
5.5
3,737
For Sale
0.26
$850,000
3
2.5
2,832
For Sale
0.26
$954,900
4
6.5
5,038
Off Market
0.30
$1,450,000
5
5
4,245
For Sale
0.33
$785,000
3
3
3,460
For Sale
0.34
$449,000
3
3
1,717
For Sale
0.37
$380,000
-
-
-
For Sale
0.42
$2,350,000
6
5
5,734
For Sale
0.45
$2,495,000
4
5
5,058
For Sale
0.56
$840,000
3
2.5
2,539
For Sale

Price and Tax history

DateEventPrice
Aug 24, 2026
Source: Unlock MLS #3685546
Pending
$650,000
Aug 10, 2026
Source: Unlock MLS #3685546
Listed For Sale
$650,000

LGBTQ Local Legal Protections

Wyc Cummings, The Marye Company, (512) 444-7171
Agent Phone: (512) 444-7171
Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2026-09-19 23:36:29 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. Click here for more information

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Frequently asked questions about 517 Dragon

  • What is the estimated monthly payment for 517 Dragon?
    Based on a $650,000 list price with 20% down at today's rates, the estimated monthly payment for 517 Dragon in Austin, TX is approximately $4,408 (about $3,542 principal & interest, $791 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 517 Dragon compare to homes in Austin?
    517 Dragon in Austin, TX is listed at $650,000, about 22% below the $837K median sale price in Austin.
  • What do residents say about Austin?
    Residents describe Austin, TX as dog-friendly, easy to park in, and quiet. Most residents say you need a car. See homes for sale in Austin, TX.
  • What are the closest schools to 517 Dragon?
    The closest schools to 517 Dragon in Austin, TX are Hudson Bend Middle School (rated 8/10), Lake Travis High School (rated 8/10), Serene Hills Elementary School (Pre-K, rated 9/10).
  • How big is the lot at 517 Dragon?
    The lot at 517 Dragon in Austin, TX is about 0.98 acres (42,850 sq ft).
  • Does 517 Dragon have a garage?
    Yes, 517 Dragon in Austin, TX has a garage.
517 Dragon, Austin, TX 78734 is a 3 bedroom, 3 bathroom, 2,000 sqft single-family home built in 1976. This property is currently available for sale and was listed by Unlock MLS on Aug 10, 2026. The MLS # for this home is MLS# 3685546.