Why Should I Work With a Real Estate Agent in Austin?

Working with a local Austin real estate agent can help you better understand neighborhoods, pricing, market trends, property taxes, contract terms, and the buying or selling process. Austin’s market can vary significantly from one area to another, so having an experienced agent can make it easier to compare homes, negotiate effectively, and move through the transaction with more confidence.

Is Austin a Buyer’s Market Right Now?

As of July 2026, Austin has about 6.05 months of inventory, which generally indicates a buyer’s market. With more available homes and less pressure than the peak years of the market, buyers may have more room to compare options, negotiate, and take their time making a decision.

What Is the Median Home Price in Austin?

Austin’s median sold home price is $475,000 as of July 2026. While prices can vary widely by neighborhood, property type, size, and condition, this gives buyers and sellers a general benchmark for the local market.

Are Austin Home Prices Going Down?

Austin home prices are currently 13.6% below their May 2022 peak. The market is still finding its footing in 2026, with pricing conditions depending heavily on the neighborhood, home type, and buyer demand in each area.

How Many Homes Are Currently Listed for Sale in Austin?

There are currently 17,573 active listings in the Austin area, which is slightly down from last year. This gives buyers a wider range of options to consider while still requiring a smart search strategy to find the right property.

What Austin Neighborhoods Does Pauly Presley Realty Serve?

Pauly Presley Realty helps buyers, sellers, renters, and tenants throughout Austin and Central Texas, including West Austin, Central Austin, East Austin, Downtown Austin, and surrounding communities. Each area offers a different lifestyle, price range, and mix of homes, so working with a local agent can help you narrow your options.

Can a Real Estate Agent Help Me Rent an Apartment in Austin?

Yes. Pauly Presley Realty works with tenants as well as buyers and sellers. Whether you are looking for an apartment in Downtown Austin, a home in the suburbs, or a rental near work, school, or entertainment, an Austin real estate agent can help you compare listings and find options that fit your needs.

Can Pauly Presley Realty Help Me Sell My Austin Home?

Yes. Pauly Presley Realty assists Austin homeowners with selling their properties by helping with pricing, marketing, listing strategy, negotiations, and transaction guidance. An experienced Austin Realtor can help you understand current market conditions and position your home for the right buyers.

What Makes Pauly Presley Realty Different From Other Austin Real Estate Agents?

Pauly Presley Realty has served the Austin real estate market since 2005 and brings local knowledge, responsive service, daily-updated listing tools, and experience with buyers, sellers, tenants, and residential or mixed-use projects. The team understands Austin’s neighborhoods and helps clients make decisions based on their goals, budget, and timeline.

Can an Austin Real Estate Agent Help With Off-Market Properties?

Yes. Pauly Presley Realty has local connections throughout Austin and may be able to help clients learn about select off-market opportunities before they appear on the MLS. Availability depends on the market, property type, and client needs.

What Should I Look for in an Austin Real Estate Agent?

Look for an Austin real estate agent with local market knowledge, a valid real estate license, strong communication skills, neighborhood experience, negotiation ability, and a clear understanding of the buying, selling, or renting process. A good agent should also help explain terms, timelines, property details, and next steps in a way that feels easy to understand.

How Can I Start Searching for Homes in Austin?

You can start by using Pauly Presley Realty’s Austin property search tools to browse current listings, compare neighborhoods, narrow homes by price and features, and save custom searches. Once you have a clearer idea of what you want, an Austin Realtor can help you tour homes, evaluate options, and move forward with the right property.

Is Downtown Austin a Good Place to Live?

Downtown Austin can be a great fit for buyers or renters who want an active urban lifestyle close to restaurants, nightlife, entertainment, employers, and cultural attractions. It may not be the right fit for everyone, so comparing Downtown Austin with areas like West Austin, Central Austin, and East Austin can help you decide what works best.

Is West Austin a Good Area to Buy a Home?

West Austin is often considered one of the city’s most desirable regions, with access to top schools, shopping, golf courses, and scenic residential areas. Homes in West Austin can vary in price and style, so working with an Austin real estate agent can help you find options that match your lifestyle and budget.

How Do I Contact Pauly Presley Realty?

If you are interested in buying, selling, or renting in Austin, you can contact Pauly Presley Realty by phone or through the website to connect with an experienced Austin Realtor and get started.

1 of 39 - 118 Perpetuation Drive, Austin, TX

2 of 39 - 118 Perpetuation Drive, Austin, TX

3 of 39 - 118 Perpetuation Drive, Austin, TX

4 of 39 - 118 Perpetuation Drive, Austin, TX

5 of 39 - 118 Perpetuation Drive, Austin, TX

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118 Perpetuation Drive, Austin, TX

$549,000

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Beds

Baths

2,448

Square feet

0.18

Acres

Overview
Facts & Features
Map & Directions
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About 118 Perpetuation Drive

Turnkey Hill Country Living — Move-In Ready for Your Austin Relocation Welcome home to The Vistas at Lakeway, where lock-and-leave simplicity meets Hill Country charm — an ideal fit for buyers relocating to Austin from out of state. This beautifully upgraded 3-bedroom, 3-bath condo offers 2,448 sq ft of light-filled living with high ceilings, hardwood floors, and a true open floor plan designed for comfort and easy entertaining. The dedicated home office and spacious upstairs bonus room with large storage closet give remote workers and hybrid commuters the flexibility they need — a growing number of Austin-area employers now support Lakeway commutes, making this an increasingly popular landing spot for relocating professionals. Recent upgrades take the guesswork out of your first year of ownership: new high-efficiency HVAC system, two new water heaters, fresh interior paint, and a chef-ready kitchen with double ovens and a gas cooktop. The HOA covers water, trash, recycling, cable, and internet — you pay only electricity and gas, making budgeting simple from day one. Surrounded by peaceful Hill Country greenbelt views, this home sits minutes from Lake Travis and a newer H-E-B-anchored shopping center with restaurants and shops close by. Residents enjoy a community pool, fitness facility, pavilion, and outdoor grill — resort-style amenities without the upkeep. Zoned to top-rated Lake Travis ISD (TEA "A"-rated) and roughly 25–35 minutes to downtown Austin and 30-40 minutes to Austin-Bergstrom International Airport, this location offers the best of both worlds: a quiet, scenic retreat with easy access to everything Austin has to offer.

Features of 118 Perpetuation Drive

MLS® #	5591483
Price	$549,000
Bedrooms	3
Bathrooms	3.00
Full Baths	3
Square Footage	2,448
Acres	0.18
Year Built	2012
Type	Residential
Sub-Type	Condominium
Status	Active

Community Information

Address	118 Perpetuation Drive
Area	LS
Subdivision	Vistas At Lakeway Condo
City	Austin
County	Travis
State	TX
Zip Code	78734

Amenities

Utilities	Electricity Connected, Natural Gas Connected, Water Connected
Features	Barbecue, Clubhouse, Community Mailbox, Fitness Center, Park, Pool, Curbs
Parking	Attached, Garage
Garage Spaces	2
View	Hills
Is Waterfront	No
Waterfront	None
Has Pool	No

Interior

Interior	Carpet, Tile, Wood
Interior Features	Ceiling Fan(s), Double Vanity, Granite Counters, Main Level Primary, Storage, Walk-In Closet(s), Breakfast Bar, Crown Molding, Eat-in Kitchen, High Speed Internet, Interior Steps, Study, Tray Ceiling(s), Wired for Sound
Appliances	Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Stainless Steel Appliance(s), Convection Oven, Cooktop, Double Oven
Heating	Central, Natural Gas
Fireplace	No
# of Stories	2
Stories	Two

Exterior

Exterior Features	Rain Gutters
Lot Description	Corner Lot, Moderate Trees
Roof	Composition
Construction	Brick, Stone, Stucco
Foundation	Slab

School Information

District	Lake Travis ISD
Elementary	Lakeway
Middle	Hudson Bend
High	Lake Travis

Additional Information

Date Listed	March 13th, 2026
Days on Market	159
Foreclosure	No
Short Sale	No
RE / Bank Owned	No

Listing Details

Office	Wes Walters Realty, Inc
Contact Info	(512) 345-2060

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