Lakeway is a city in Travis County, Texas, United States. The population was 11,391 at the 2010 census; up from 8,002 in 2000. The city is located next to Lake Travis. It is an exurb in Greater Austin.
Lakeway is located at 30°21′55″N 97°58′34″W (30.365307, -97.976154), 16 miles (26 km) west of Austin.
Hurst Creek runs directly through Lakeway and empties into Lake Travis, directly north of Lakeway.
According to Lakeway's GIS Analyst, the city has a total area of 13.37 square miles (21.51 km), of which, 13.07 square miles (15.0 km2) of it is land and 0.3 square miles (0.7 km2) of it (4.45%) is water.
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 business men 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.