We have listed below not only the condos we have listed, but condos listed by other REALTORS in the Lakeway/Austin area. When you combine the reasonable prices of the condos with the low, low, low interest rates, the condos become a fabulous buy. If you don´t preview the condos with me, call your favorite REALTOR and check them out. I recently bought another condo myself. There is a big difference in paying the old rates we have paid for years of 7-8% compared to the 3.5-5%, buyers are paying today.
We have listed a number of units for sale either by our company or other companies through MLS. If you would like to review the floor plans - click on the links provided below.
Click on the property address above for more information about that property. The condos vary in price depending on their condition. Some of them have had major improvements while others have not.
Offset 50-75% of your costs as a Resort Rental when you are not personally using it. Many of our owners live in Texas using their condos during the year, but like some of the costs paid by renting it as a Resort Rental when they are not using it.
Not everyone in the midwest realizes the quality of our weather in Austin/Lakeway, but those that do have found the World of Tennis Condos to be a great winter retreat. The snowbirds have stopped short of the Valley and Florida. While Austin/Lakeway weather is not perfect, there are only a few freeze days a year. Most of the winter is perfect for golf and tennis.
Being able to buy a condo from the $225,000 to $300,000+ range, use it in the winter months (slow time), rent it in the spring, summer, fall, (prime time) makes a great combination for midwest buyers.
Most of the condos require a two night minimum and some of the the luxury condos require a three night minimum. Additional nights are usually at a discounted rate equal to the weekly rate.
In the winter months of December - February other than Christmas - New Years Holiday, there is a discounted rate equal to the weekly rate after the first night, except for some of the Luxury Condos which have a discount after the second night.
Even though the above scenario should be the best for potential buyers, over the past 30 years, the majority of the buyers have come from the Dallas or Houston areas.
2.6 Million Dollar Renovation - World of Tennis Condos The Board of Directors and Homeowner's Association approved the renovation of the exterior of the World of Tennis Condominiums. While this project was two years in planning, it was completed years ago. Recently, a new metal roof was added. The Association has completely replaced the exterior of the buildings. Stone has been added at the ends of each of the complexes in lieu of wood fences. Many of the front walks have been removed and new walks built. Upon being completed, the buildings look better than they did the day they were built and the trees are definitely taller. In our 30 years of involvement at the World of Tennis, the interiors have never been nicer.
While we & other owners have been renovating the interior of the World of Tennis Condos since 1985 spending from $25,000 to over $100,000 per condo, it was time for the exteriors to have the same type of attention, which they received in the past 20+/- years.
With the now quality of the condos, we would like to see 10-15 additional quality condos in Resort Rentals at Lakeway? The various floor plans are shown above. We have interior pictures of various condos at the World of Tennis shown throughout this web location.