Nestled just outside the hustle and bustle of Austin, this idyllic neighborhood has become a top choice for home buyers seeking a balance of tranquility, elegance, and access to amenities. Located off Wiliams Drive at Jim Hogg Road, Lakewood Estates is one of Georgetown’s premier communities. Homes sit on 3-5 acre lots, with a few in the 1 acre range, so you have space between your neighbors without sacrificing the neighborhood feel. Built in the 1990s and 2000s, homes are split between more old time ranch style homes to something that more resembles what you would see built today. There are quite a few mature trees, giving the neighborhood a park like feel, and a wet weather creek, which can be quite pretty after heavy rain. If you’re looking for a convenient location off Williams Drive, but don’t want to sacrifice privacy and space, Lakewood Estates is a great place to start your search. This guide will walk you through everything you need to know about Lakewood Estates, from the architecture of its homes to the neighborhood’s lifestyle perks. Whether you’re a first-time buyer or an experienced mover, this guide will provide the insights you need to determine if living in Lakewood Estates is right for you. Scroll Down to Read Our Lakewood Estates Neighborhood Guide.
Lakewood Estates Homes for Sale
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Lakewood Estates Neighborhood Map
Lakewood Estates is located off Williams Drive in Georgetown. To get to Lakewood Estates, take 35 to Williams Drive and head northeast. Make a right on N Lakewood Drive. Lakewood Estates is shaded on the interactive map below. Explore other Georgetown neighborhoods in our Georgetown Neighborhood Guide. Scroll down to continue reading our Lakewood Estates neighborhood guide.
What Does Lakewood Estates Look Like?
Lakewood Estates is a picturesque neighborhood known for its mature tree-lined streets, gravel driveways, natively landscaped yards, and wide-open spaces. The community feels peaceful and inviting, offering residents plenty of opportunities to connect with nature.
While Georgetown as a whole is known for its small-town charm, Lakewood Estates elevates this allure with an environment that allows residents to use their properties as they see fit. With no HOA standing over your shoulder and 1-5 acre lot sizes, you can add a shop, outdoor living area and really anything that’s not prohibited by the city. The community thrives on providing a serene backdrop to daily life.
The Homes in Lakewood Estates
Lakewood Estates offers a mix of architectural styles, with homes designed to suit diverse tastes. You’ll find everything from spacious single-family homes to smaller cottage-style properties, most featuring open floor plans and modern finishes. You will still find some that are in more original condition for those who are looking to make their next house uniquely theirs.
- Home Sizes: Most homes in Lakewood Estates range from 1,600 to 3,500 square feet, with a few on either side of that range, providing ample space for households of all sizes.
- Design Features: Expect features like gourmet kitchens, large master suites, and generously-sized backyards perfect for entertaining.
- Curb Appeal: The homes boast charming stonework, brick exteriors, and covered porches that enhance the neighborhood’s warm aesthetic.
Whether you’re into hosting gatherings or simply seeking a cozy nest, the homes here cater to various lifestyles.
Why Do Home Buyers Choose Lakewood Estates?
Home buyers are drawn to Lakewood Estates for several reasons, including its peaceful surroundings, strong sense of community, large parcels, and proximity to essential services. Here’s a look at some key factors that make it stand out:
- Location: Situated in Georgetown, you’re close enough to Austin for work or entertainment but far enough to enjoy a more relaxed pace of life.
- Schools: Zoned for top-rated Georgetown ISD public schools, Lakewood Estates provides access to quality education.
- No HOA: No architectural committee, no monitors driving around looking to fine residents and no meetings to attend. Lakewood Estates residents love the freedom to use their properties as they see fit.
Lakewood Estates is an excellent choice for home buyers seeking both flexibility and modern convenience.
The Commute to and From Lakewood Estates
One of the hidden gems of living in Lakewood Estates is its great location. Situated just minutes away from Interstate 35, residents enjoy easy access to Central Texas, including Austin and surrounding areas.
- To Austin: Commute times to Downtown Austin average around 30–50 minutes.
- Local Transit Options: While most residents rely on personal vehicles, Georgetown is working on providing alternate transit solutions for increased convenience. You will still need a car, however.
The commute is manageable for those working in the city but craving a more peaceful home life.
Lakewood Estates Schools
Kids who live in Georgetown’s Lakewood Estates neighborhood are served by the Georgetown ISD and will likely attend the following schools:
- Ford Elementary - 8/10
- Benold Middle - 7/10
- Georgetown High - 6/10
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 Estates Property Tax Rate
The property tax rate in Georgetown’s Lakewood Estates neighborhood is 1.5182% as of the 2023 tax year, down from 1.683% as of the 2022 tax year. The property tax rate was 1.7718% as of the 2021 tax year.
Lakewood Estates Photos
Best Coffee Shops to Work from Just Around the Corner
For the remote workers and coffee enthusiasts, Lakewood Estates is minutes away from some excellent cafés, perfect for grabbing a latte or tackling your to-do list.
- 309 Coffee: A cozy and laid-back spot with fantastic brews and free Wi-Fi.
- Rose and Dagger Coffee Company: When the weather will allow it, check out this cool coffee truck with outdoor seating.
- Starbucks.: For those traditionalists who love their Starbucks Coffee, there is one near the entrance to Lakewood Estates.
Favorite Restaurants and Bars Near Lakewood Estates
Foodies will revel in the diverse dining offerings near the neighborhood, from sophisticated eateries to laid-back bars.
- City Post (Upscale dining): Chophouse located in the historic former post office.
- 600 Degrees Pizzeria (Casual): Famous for its NY-style pizza and relaxed atmosphere.
- Kork Wine Bar (Wine Bar): A great place for wines from around the world and Neapolitan style pizza.
Whether you’re dining out with family or catching up with friends, Lakewood Estates offers easy access to some of Georgetown’s best spots.
Where to Work Out and Stay Active
Staying fit is effortless with nearby options for both indoor and outdoor activities.
- Planet Fitness: A full-service gym with equipment, classes, and personal training.
- Jim Hogg Park: Perfect for hiking, biking, or just enjoying the great outdoors.
- Blue Hole Park: Offering scenic trails and a beautiful lagoon ideal for swimming or picnics.
Whether you prefer structured fitness programs or time in nature, Lakewood Estates has something for everyone.
Fun Things to Do Around Lakewood Estates
When you’re ready to unwind, Lakewood Estates puts you near plenty of recreational activities and entertainment.
- Georgetown Square offers boutique shopping, live music, and charming local events.
- Inner Space Cavern is a hidden gem for adventure seekers interested in exploring fascinating underground caves.
- Lake Georgetown offers opportunities for boating, fishing, and kayaking—a haven for water enthusiasts.
Boredom is never an option when you live here!
Make Lakewood Estates Your Next Home
Lakewood Estates represents the perfect balance of community living and modern convenience. Whether it’s the beautifully designed homes, the welcoming environment, or the variety of nearby amenities, this neighborhood offers an unmatched quality of life.
If you’re ready to explore living in Lakewood Estates, contact one of our expert Lakewood Estates buyer’s agents today. We’re here to guide you every step of the way in finding your dream home.
Georgetown Realtor Specializing in Lakewood Estates Homes
Rebecca Jacks and Raymond Stoklosa are Georgetown Realtors specializing in Lakewood Estates homes. Whether you’re looking to buy or sell a home in Lakewood Estates, 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 Estates and Selling a Home in Lakewood Estates.
