603 Cutlass, Lakeway, TX 78734

A backyard waterfall—yes, really! Tucked into a peaceful, wooded setting, this unique property features a seasonal waterfall right in your backyard (just add rain). Originally part of the historic Lakeway 300, this updated 1975 home offers 3 bedrooms, 2.5 baths, plus an office, with multiple decks and patios to enjoy the serene surroundings. Inside, the spacious living room boasts a wall of windows and sliding glass doors that bring the outdoors in, plus a dramatic stone fireplace that extends into a downstairs guest bedroom—adding a cool architectural touch. The kitchen has been updated, and the formal dining area opens to the living space, making it perfect for entertaining. All bedrooms have direct access to outdoor decks, so you can wake up to the sights and sounds of nature. The property sits on .443 acres, with a fenced front yard for pets and plenty of storage throughout. Located on an exceptionally quiet cul de sac, the property enjoys greenbelt on 3 sides with a small, city owned park land (never developed or accessed) on one side and backs to Rebel Park Natural Area to the back. You’ll even get a peekaboo view of Lake Travis. Meticulously maintained with key updates: • HVAC (2024) • City sewer 2024 • Roof (7 years old) • Flooring (2021) • Custom railing (2000) • Decks (2023) Lake Travis ISD + low 1.706% tax rate. Check out the Lakeway Activity Center for community events. A perfect home for someone who values privacy, nature, and a truly tranquil lifestyle.