If you are looking for a cheap place to stay, consider Casa Del Sol Bed And Breakfast, which is a convenient option among other 3 budget hotels in Lakeway. A good budget option is the 3-star Holiday Inn Express Hotel & Suites Lakeway, which is a 25-minute walk away from Lakeway City Park.
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Where to stay in Lakeway?
Best cheap hotels in Lakeway
Convenience of staying in hotels downtown
An option near the city center is 421 Marina Village Cove Home next to Aquafly Austin.
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If you are traveling with your family, consider booking Hampton Inn & Suites Austin - Lakeway that offers an outdoor swimming pool, a Jacuzzi and tubing as well as views of Lake Travis and Texas Hill.