The World of Tennis Center recently completed nearly $4 million dollars in renovations at Lakeway and is surrounded by vista views, wildlife and a wide spectrum of indoor and outdoor activities including but not limited to: 4 world class golf courses, two indoor and fifteen outdoor tennis courts, Tennis Racket Shaped Swimming Pool, volleyball, jet skis, motor and sailboat rental, great restaurant, and lake cruises. The World of Tennis Center is within easy walking distance of all the condos.
View the Virtual Tour of the Newly Renovated
The renovation project approved by the World of Tennis Homeowner´s Association was completed a few years ago, except for the new metal roof that was added this past year. The exterior siding has been removed and new siding added. The areas at the end of each building that had wood fences was replaced by "Hill Country" broken face limestone. Many of the front walks were removed and new walks and stairs built. New gutters were added. In a project jointly approved with the Lakeway Mud, all the sewer in the backs of the condos have been replaced. Lakeway Mud has completed all of the five clusters.
Years ago, the Homeowner´s Association allowed the owners very few options in regard to the exterior improvements of their condos. That policy was changed. We have developed guide lines allowing the owners (with Board approval) to add or expand patios, add new doors or windows, add porches or balconies, any improvements that expose more limestone, or consider any improvement that the Board believes will improve the condos and not detrimental to any of the adjacent owners.
Over the past 25 years, we have personally managed or worked with owners in the renovation of over 50 of the condos. The owners have spent from $20,000 - $90,000 in updating the condos. With the exterior improvements that are now in place, I would anticipate that many condos in the future will have $30,000 - $100,000 plus in renovation. With the prices as reasonable as they are, most of the renovation cost could be included in the sale price and loan.
If you would like to see some of the modifications and renovations of condos that our owners have completed, we would be glad to show you or your agent those options.