A new single-family housing development is headed to Lakeway with Lakeside Estates.
Located off Rupen Drive, the 10-home neighborhood will be on five acres of mostly undeveloped land near Lakeway City Park. The project is expected to break ground mid-March, and homes are estimated to cost between $975,000 and $1.5 million, said developer Bill Hayes with W Hayes Ventures.
Drees Custom Homes is the homebuilder for the project. Drees is a privately-owned homebuilder founded in 1928, according to its website, and has homesites across the southern and eastern portions of the United States.
The company previously completed work for neighborhoods within the nearby Rough Hollow, such as Las Brisas and Vista Ridge, according to its website.
