Lakeway is a city in
Travis County,
Texas, United States. The population was 19,189 at the
2020 census, an increase over the figure of 11,391 tabulated in 2010. The city is located next to
Lake Travis. It is an
exurb in
Greater Austin.
[5]About Lakeway, Texas
The town of Lakeway was founded on the site of a 2,700-acre ranch owned by Houston oilman and rancher Jack (Jake) Josey. In early 1962, three Houston businessmen associated with the Gulfmont Hotel Company—G. Flint Sawtelle, John H. Crooker, Jr., and Lee Blocker—obtained a sixty-day option to purchase the land and plan a hotel and resort community. The name Lakeway was a natural sequel to Gulfmont's Fairway Motor Hotel in McAllen, Texas, so named because it overlooked the fairway of a golf course. Construction of the hotel began in October 1962 and the grand opening was July 12, 1963. Around the same time, the Lakeway Land Company was formed, with Flint Sawtelle as president, for the development of real estate. In July 1974, a substantial majority of resident and nonresident property owners voted to incorporate with the consent of the city of Austin, and the 1,200-acre village of Lakeway resulted.