As Austin's first and one of its most elegant master-planned communities, the Lake Travis area offers residents superior access to lake recreation and numerous golf courses. The area should be considered in two parts: lake north and lake south. Prices in lake south will generally be much higher than those on the north side due to lake south's closer proximity to Austin's core. Sub-sections of the lake south area include such renowned places as Steiner Ranch, Lakeway and Spicewood- the latter being where Willie Nelson makes his home. Other areas of lake south include Cardinal Hills, Hudson Bend and Apache Shores. Development in this area is prolific at this time, and there is abundant housing availability for practically any budget. The area is vast and can hardly be classified as one unit. For example- homes can range from the low 200s to several million. $150++ /s.f.