States · Texas · Lake Austin

Lake Austin

A narrow, roughly 1,590-acre pass-through lake running directly through the city of Austin, immediately downstream of Lake Travis, ringed by some of the most expensive waterfront real estate covered anywhere on this site.

Operator:Lower Colorado River Authority, under lease from the City of Austin
Size
~1,590 acres / 24,644 acre-ft
Operator
City of Austin (owner), LCRA (operator)
County
Travis
Built
1939 (Tom Miller Dam)
Nearest City
Downtown Austin (~3 mi)
Communities
Tarrytown, Westlake, Rob Roy
Primary Purpose
Pass-through flow regulation below Lake Travis
Data Verified
July 2026
Planning a move to Lake Austin? We'll connect you with a specialist.

Share Your Lake Austin Photos

A sunset from Mount Bonnell, a wakesurf pass near Tarrytown, an evening at Hula Hut -- submit a photo and we'll feature it here.

Submit a Photo →

The Lake at a Glance

Lake Austin is a narrow reservoir on the Colorado River, formed in 1939 by Tom Miller Dam and sitting entirely within Travis County and largely within Austin's own city limits, roughly three miles from downtown. The City of Austin owns the dam and lake, but the Lower Colorado River Authority operates it under a long-standing lease, part of the same chain of Highland Lakes that includes Lake Travis, Lake Buchanan, Inks Lake, Lake LBJ, and Lake Marble Falls.

At roughly 1,590 to 1,600 acres with about 24,644 acre-feet of conservation storage, Lake Austin is far smaller than Lake Travis immediately upstream, and functions fundamentally differently. Rather than absorbing and storing large flood volumes the way Travis does, Lake Austin acts as a genuine pass-through lake — water released from Mansfield Dam at Travis flows through this narrower reservoir on its way further downstream, keeping Lake Austin's level comparatively steady under normal conditions even though LCRA itself cautions that no Highland Lake, including this one, is ever perfectly constant.

Because this lake runs directly through the heart of Austin, its surrounding real estate market is genuinely unlike any other reservoir covered on this site. Neighborhoods including Tarrytown, Westlake, and Rob Roy regularly see waterfront listings well into eight figures, reflecting both the scarcity of true in-city waterfront and Austin's broader premium real estate market.

What Buyers Need to Know First

The single most important fact for buyers: Lake Austin is genuinely one of the most exclusive, expensive waterfront markets in Texas, not a budget-friendly rural getaway lake. Multiple waterfront properties here have listed in the $10 million to $20 million range in recent years, and buyers should approach this market with that price reality in mind from the very start of their search.

The second piece is dock permitting. Unlike the other five Highland Lakes, where LCRA regulates private docks and boathouses directly, the City of Austin — through its Development Services and Parks and Recreation departments — handles dock and shoreline modification permitting on Lake Austin specifically, a genuinely distinctive fact worth understanding before assuming LCRA rules from a nearby lake apply here.

The third piece is water quality and habitat. Lake Austin has dealt with a serious hydrilla infestation that led the city to introduce grass carp for control, and has been infested with zebra mussels since around 2018, prompting genuine "clean, drain, dry" boater advisories. Buyers should understand both issues honestly rather than assuming this in-city lake is free of the invasive-species concerns found at some rural Texas reservoirs.

Everything We Cover on Lake Austin

Independent research across every topic Lake Austin buyers ask about — ultra-premium pricing, City of Austin dock permitting, and how a genuinely in-city Highland Lake actually lives day to day.

Money & Costs

The Real Cost of Living on Lake Austin

One of Austin's most expensive markets, and why the water itself isn't the biggest cost driver.

Property Tax on Lake Austin

Travis County rates, Austin ISD vs. Eanes ISD, and how waterfront premium shapes assessed value.

Lakefront Insurance on Lake Austin

Central Texas hail exposure meets some of the highest home values on this site.

Dock & Shoreline

Dock Permits: Why the City of Austin, Not LCRA, Is in Charge

A genuinely unusual permitting split among the Highland Lakes.

Water Levels on Lake Austin

A narrow, closely held operating band -- and why 'constant level' isn't quite accurate.

Local Guidance

This is exactly the stuff a Lake Austin specialist helps you navigate. Want an introduction?

Find My Lake Austin Specialist →
Buying & Ownership

Buying on Lake Austin: What Can Go Wrong

Ultra-luxury pricing, dock permitting, and confirming true waterfront footage.

Tarrytown, Westlake & Rob Roy

Genuinely distinct central-Austin neighborhoods sharing one narrow lake.

What Nobody Tells You

Zebra mussels, hydrilla and grass carp, and why this isn't a rural lake at all.

Lifestyle

Year-Round Living on Lake Austin

Genuinely urban, in-city living with a narrow river-lake instead of a rural getaway.

Retiring on Lake Austin

No state income tax, Austin's healthcare access, and genuinely premium pricing.

Investment

Vacation Rental Investment on Lake Austin

Austin's short-term rental ordinance and an ultra-luxury rental niche.

Recreation

Boating on Lake Austin

A narrow, no-wake-conscious lake favored for wakesurfing, rowing, and boat rentals.

Fishing on Lake Austin

TPWD calls it an excellent trophy largemouth bass fishery.

Things to Do Around Lake Austin

Mount Bonnell, Hula Hut, Emma Long Park, and genuine downtown Austin proximity.

Seasonal Recreation & Events

A year-round, downtown-adjacent recreation calendar shaped by Austin's own culture.

Comparisons

Alternatives to Lake Austin

If the ultra-luxury price point isn't realistic, here's where else on the Highland Lakes to look.

Ready to connect with a verified Lake Austin specialist?

Tell us what you’re looking for and we’ll match you with someone who knows this lake.

Find My Lake Austin Specialist →
Independent research — no cost to you, no obligation.