The Winnett Group

Lakeway Resources:

Sterling Custom Homes: http://www.sterlinghome.com/

Flintrock Falls: http://www.flintrockfalls.com/

Lakeway ISD: http://www.laketravis.txed.net/

The Hills: http://www.thehillscc.com/

               The Most Famous Resort in Texas,
                On Lake Travis, Near Austin

(Click for Info)

First there was the lake, then came Lakeway. Initial development of Lakeway began in 1962, when 10 investors headed by Lee Blocker purchased approximately 880 acres on the shores of Lake Travis known as Josey Ranch. The investors, a group of Houston businessmen, had been researching the Lake Travis area as a potential resort hotel site. Not unlike today's first-time visitors to Lakeway, these investors were captivated by the natural beauty of Lake Travis and the surrounding Hill Country terrain. They realized immediately that the site was not only appropriate for a first-class resort hotel community, but the scope of its ultimate development potential was eminently greater. A master plan was born that would involve an entire hotel/resort/residential development, and construction started on a 50-room portion of the Lakeway Inn. Since then, the Lakeway Inn has undergone a total renovation and has expanded to 240 Lake View Rooms with 26 indoor & outdoor tennis courts in the area, that are available to the Inn's guests.

During 1972, planning began on what is known as the Yaupon Golf Course. At that time, Alpert also approached the World Championship Tennis Association about the possibility of a joint venture to build a world class tennis facility.

In 1974, the City of Lakeway was incorporated and elected its first mayor, Newton C. Herndon. That was the year that the first major event, the CBS Tennis Classic, was held at the World of Tennis Center, putting Lakeway into the national spotlight.

Residential construction continued at a relatively rapid pace during the 1970s. The success of the World of Tennis Center prompted Alpert to consider expansion of Lakeway into a third phase, known as the Hills of Lakeway. The concept was to design a luxury, single-family residential development around the ultimate in recreational facilities. In 1971, Alpert began planning an eighteen hole championship golf course to complement the World of Tennis facility and to become the central focus of the Hills of Lakeway development.

In 1980, the city of Austin granted the City of Lakeway the right to expand its current extraterritorial jurisdiction (ETJ). In 1981, construction was started on the current village hall and the Hills of Lakeway pro shop and clubhouse. That same year, the Academy of Golf facility was completed, Lakeway Independent School District was established, and construction began on the Village Shopping Center, a 36,233-square-foot multi-tenant retail center. The Lake Travis High School was completed in 1983 on land donated by the owners of Lakeway. By the end of 1987, more than 600 students attended the school. Several new condominium projects were either initiated or completed in that year.

In April 1990, the Village of Lakeway was reincorporated as the City of Lakeway. Today the City of Lakeway is a mixed-use resort development, consisting of 5,375-acre, recreation-oriented, planned community incorporating some of the nation's most widely acclaimed sports and recreational facilities.

Located on the shores of Lake Travis, on one of the Texas Hill Country's most beautiful lakes, Lakeway stretches across hills, meadows, and streams, concluding with a magnificent view of the lake from atop 60- to 90-foot high limestone cliffs on its southern shores. The Texas Hill Country long has been a destination, vacation, and retirement spot for residents of major metropolitan cities throughout Texas and the surrounding states. The natural beauty of the Hill Country, the outstanding climate, and proximity of Lakeway to Austin is an unbeatable combination.

After more than two decades of growth, Lakeway has become a harmonious combination of permanent, vacation, and weekend residences. Residents enjoy a country ambiance and unparalleled amenities within 30 minutes of downtown Austin. Lakeway's blend of extraordinary scenic beauty, with controlled growth and quality recreational resources, offers many more exciting years of growth on the remaining undeveloped Lakeway property.

Expansion of local shopping centers, medical care services, and area restaurants in the Lakeway area is facilitating a shift away from the original concept of a first-class weekend home and retirement community to one which meets the needs of the full spectrum of potential homeowner requirements. As a result, current population studies indicate a rapidly growing number of younger families who are primary residents at Lakeway. There is no question that the direction of growth in Austin is westward toward Lakeway.

Lake Travis Area Overview

The City of Lakeway has approximately 8,000 residents. It has been growing at a rate of more than 22% per annum since 1980.

The largest employer is the Lake Travis Independent School District, but more than 600 other small businesses provide a sound employment base offering services which include health care, legal, real estate, and a variety of retail and restaurant opportunities. In addition, several larger corporations such as Vista Chemical, 3M, SAS Institute, and Schlumberger have located their facilities in the Lake Travis area. The residential and recreational facilities offered by Lake Travis, as well as the improved infrastructure connecting the area to the city of Austin, should continue to draw new business opportunities to the Lake Travis area in the years to come.

The Lake Travis Independent School District was established in 1981. This rapidly growing district has distinguished itself as a leader in education within the Austin area, with a reputation for high achievement in public education. The enrollment base is now more than 3,700 students, and the curriculum ranges from the basic learning skills to high honors courses, computer instruction, leadership, and extra-curricular activities.