Discover a fantastic investment opportunity at at a great price point within the highly regarded City of Lakeway. This spacious end unit offers incredible potential--whether you're an investor looking to buy and hold or a first-time homebuyer ready to add your personal touch with some thoughtful updates. The flexible floor plan easily transitions from a 3-bedroom to a 4-bedroom layout, catering to various lifestyle needs. It features 3 full bathrooms, including two with a convenient Jack-and-Jill design, ensuring functionality. The kitchen opens seamlessly to the dining area and boasts a large custom island with a granite countertop. Natural light floods the home through floor-to-ceiling windows in primary rooms, creating an airy and inviting atmosphere. Two exterior storage closets at the front and back of the unit provide ample storage options. Recent updates include a new water heater (2020) and an upgraded front entry with durable Trex decking featuring minimal stairs. Residents enjoy access to 8 tennis courts, walking trails just outside the door, and 13 acres of grounds adorned with mature trees. Located within walking distance of an elementary school in the acclaimed Lake Travis ISD. HOA fees cover trash service, structural insurance, and common area maintenance, offering a low-maintenance, lock-and-leave lifestyle. This community combines comfort, convenience, and charm in one of Lakeway's most desirable areas. Don't miss the chance to make this your next investment or forever home! STR's allowed.