208 Phlox Dr Nestled beneath a canopy of majestic live oaks on a rare, nearly one-acre cul-de-sac homesite, this thoughtfully renovated single-story offers a setting that is increasingly difficult to find in the heart of Old Lakeway. Blending timeless architecture with carefully curated designer finishes, the home features white oak floors, wood beam accents, a Cantera steel-and-glass entry, Pella windows, custom built-ins, and abundant natural light throughout. The beautifully renovated kitchen is equipped with a Bosch double oven, KitchenAid cooktop, Wolf ventilation hood, generous prep space, and opens effortlessly to the main living and dining areas, creating an ideal layout for both everyday living and entertaining. The spacious primary suite offers a spa-inspired bath with handcrafted zellige tile, Kohler and Moen fixtures, and a freestanding soaking tub beneath a garden window. A light-filled sunroom at the front of the home provides a peaceful retreat for morning coffee, reading, or a home office, while the screened porch creates an inviting transition between the interior and outdoor living. Outside, the property unfolds into multiple outdoor living spaces designed to enjoy every part of the nearly one-acre homesite-from the tiered wood deck overlooking the backyard, to a shaded gravel dining terrace beneath mature oaks, a fire pit meadow, and expansive lawn areas woven throughout the landscape. Framed by towering trees, a limestone wet-weather creek, and exceptional privacy, the backyard feels more like a private park than a traditional residential lot, with ample room for a future pool or ADU (buyer to verify). Additional highlights include new HVAC systems, a new water heater, full gutters, a rainwater catchment system, no HOA, low tax rate, and walkable or golf cart access to Lakeway City Park, Lake Travis, and Hamilton Greenbelt trails. A rare opportunity to own one of Old Lakeway's most exceptional oversized homesites, thoughtfully reimagined for modern living.