With their size and amenities, these condos would be impossible today to build for twice their present-day cost. They have been the favorite retreat for Dallas and Houston resort guests for the past 45 years. Our guests and owners have been from all over the World, but today, most of our Guests are looking to buy a home, build a home, or renovate a home they have bought.
With these condos built-in 1973-1974, we started renovating these condos in 1985 and have continued that program. We have renovated more than 30 condos spending from $10,000 to over $100,000 on the renovation. I am not sure that an owner can spend too much or take one of these condos to too high of a level. Some owners have owned their condos for over 20 years & some have since they were built.
While these 106 condos were originally built as a resort community & the resort rentals were handled by the Lakeway Inn (which is now Lakeway Resort & Spa), many Condos today are being bought as permanent residents. Not until 2021, did the owner-occupancy exceed 50%. While we started our Resort program over 30 years ago, we have been involved in the sale or purchase of 117 of the 106 World of Tennis condos. (Some of them more than once)
The renovation of these condos has provided us with some of the most outstanding condos in any resort rental program. The Homeowners’ Association completed the renovation of the exteriors and landscaping to the same level that we have taken the interiors, spending in excess of $2 Million on a major renovation of the exteriors project. The composition roofs have also been replaced with metal roofs.
Our guests love the size of the condos, being mostly in the 2000+ square feet range. The other feature that is great for families and groups is the fact that nearly every bedroom has a separate bath. Only one plan does not have a separate bath per bedroom.
Each condo is clustered around one or two tennis courts with a patio overlooking the courts, along with an available grill. The kitchens are fully equipped for on-site food preparation. With this in mind, all cookware & utensils are available. If you need anything, we will get it for you.
All of the condos require a two-month minimum reservation. However, we are flexible on the timing of vacating the property. Today, we recognize the fact that it is very difficult for the Builders to complete the homes on their projected timetable. We usually are able to give the guests a longer reservation than requested, but with a 30 day notice to us of termination. The Guests love this arrangement
Rates can vary depending on pre-booking timing.
Departure Cleaning Fee - The cleaning fee is $150 (2/2), $175 (3/3), & $200 (4/4).
Lakeway World of Tennis, The Hills and Patio Homes. Our Guests are able to play
Live Oak Golf Course and Yaupon Golf Courses.
|Floor Plan A||Floor Plan B||Floor Plan C||Floor Plan D|
|Bedrooms / Baths||2 / 2||3 / 3||3 / 3 or 4 / 3||4 / 4|
Over the last 2-3 years, we have had such a demand for 30-90+ day rentals, that this has become a major part of our program. We have found many people that are looking for a home or building a home, & do not want to move their furniture twice. Most of our condos & homes will run between $3,000 & $4,000 monthly plus utilities. The Utilities remain in the Owner’s name, but the guest reimburses the Owner for the Utility costs. Some of the condos & homes will rent on a weekly basis between $1,200 & $2,000.
Our largest number of condos are located at the World of Tennis. However, we will include other outstanding condos or homes in our program if they are very nice.