Experience the Best Senior Care in Lakeway

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300 Medical Parkway, Lakeway, TX 78738  Map

Explore Our Living Options

Assisted Living

Assisted living at Arbor Terrace Lakeway offers all the lifestyle and amenities you could want, with additional care and assistance so that you can have peace of mind. 

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Apartments Starting at $4,495

Bridges Neighborhood

If your loved one is living with early-stage cognitive decline, Arbor Terrace's specially designed Bridges neighborhood was developed just for them.

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Apartments Starting at $6,465

Memory Care

The Evergreen memory care neighborhood was designed specifically for seniors who are living with Alzheimer's disease or another type of dementia. 

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Apartments Starting at $5,585

Not sure which senior living option is right for you? Take our senior living options quiz.

Transitioning into senior living can be a difficult process without having the right information. One of the biggest questions is determining which level of care is right for you or your loved one. The goal of this quiz is to answer that question and to help you take the next step with confidence.


Why Arbor Terrace Lakeway

At Arbor Terrace Lakeway, our team members create meaningful relationships — we call them deep connections — with those we serve. We want to know more about your favorite things, your hobbies, and your interests. Your history and preferences help us serve you better. Whether we make your favorite dessert after dinner or plan a trip to your old neighborhood, we want to learn more about you so that we can build a relationship together. 

We also know that your pet is part of your family too. Arbor Terrace is pet-friendly and we welcome your furry companion so that you can truly feel at home. Ask us about your pet-friendly accommodations.

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Where You Live a Full Life

When you call Arbor Terrace home, you will enjoy activities and programs that connect you with other residents and our Lakeway neighborhood. We are proud to design vibrant monthly social calendars packed with opportunities to get to know your neighbors, give back to others, learn something new, and rediscover a favorite hobby. From small and intimate groups to large events, you are sure to find something here to enjoy, and a friend to enjoy it with.

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Peace of Mind Is Here

Embrace a retirement lifestyle centered around wellness, activities, and friendships with assisted living services in Lakeway, TX. Experience programs tailored to keep you at your best, with compassionate professionals ready to assist in emergencies or lend a helping hand. We're here to support you no matter your abilities or challenges. From all of us, welcome home.

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Why Arbor Terrace Lakeway
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Where You Live a Full Life
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Peace of Mind Is Here
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Cost Calculator
Understand the costs of senior living versus the costs of aging in place.
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What Others Have to Say

5.0 / 5

Setting the Standard in Senior Living
We are proud to be an award-winning community

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Senior Living That's Tailored to You

Our senior living community in Lakeway is designed for seniors like you. We understand that residents have diverse interests, preferences, and abilities. That's why we've added the perfect touches to make our community cozy and comfortable.

You can entertain your family in your spacious apartment or in our beautiful community spaces. Visit our wellness center for personalized guidance, as well as our on-site beauty salon and spa to pamper yourself.

Outside, you can enjoy tranquil outdoor spaces to walk, read, or chat with friends. Our amenities are top-notch, including award-winning dining services, accessible transportation, and housekeeping visits. We're here to provide the additional assistance and support you need. Let's create a luxury lifestyle tailored just for you.

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Frequently Asked Questions

What senior living options can be found at Arbor Terrace Lakeway?

Arbor Terrace Lakeway offers luxury assisted living, and memory care options for senior living in the , TX area, as well as our Bridges Neighborhood for those living with early-stage cognitive decline. Whichever lifestyle is right for you, you’ll find everything you need right here.

What amenities does Arbor Terrace Lakeway offer?

At Arbor Terrace Lakeway, we offer services and amenities designed to make life a little easier. Experience our award-winning dining program, restaurant-style dining room, laundry and housekeeping services, and more. With our concierge and transportation service, you can sign up for upcoming trips and make sure that you can get where you need to go. 

We also offer a monthly programming calendar, with events, trips, and activities that are designed to meet your needs and preferences. Looking for some exercise? Stroll our walking trails or sign up for an on-site exercise class.

Learn more about Arbor Terrace Lakeway’s services and amenities here. 

Why live at Arbor Terrace Lakeway instead of living at home?

Though aging at home sounds like a great option, it is not always the safest or best for remaining as healthy as possible—there are often issues with accessibility, socialization, isolation and overall wellness. Senior living communities like Arbor Terrace Lakeway are specially designed with older adults in mind, to make sure they get the care and attention they need. Every last detail was built to accommodate seniors and their diverse needs. Arbor Terrace Lakeway also offers activities, events, and programming designed to help residents socialize and make meaningful connections with other residents and staff.

In addition, our team members are here, 24/7, to assist with tasks such as medication management, personal care tasks, or other services. They are already nearby or on site, and know each of our residents and their preferences. At Arbor Terrace Lakeway, we offer assisted living, memory care, and our Bridges Program, providing the support you need, when you need it.

How much does senior living cost in Texas?

In 2021, according to Genworth’s Cost of Care Survey, the median cost of senior living in Texas was $3,998 per month. The average monthly cost of senior living in the Austin, TX area was $5,345.

Use our Senior Living Cost Calculator to learn more and estimate your monthly spend.

Does Medicare cover the cost of assisted living in Texas?

Medicare in Texas will not typically cover the non-medical care expenses associated with assisted living or independent living. Medicare typically only covers a short-term stay in a skilled nursing or rehabilitation community while an older adult is recovering from an illness or injury. It can also cover in-home rehab care performed by a home health nurse or therapist.

What is the Bridges Neighborhood at Arbor Terrace Lakeway?

Our Bridges Neighborhood was designed specifically for seniors living with early-stage cognitive decline—those who don’t yet need to be in a memory care or dementia care setting. This special neighborhood within our community gives residents the chance to live in a beautiful and safe environment created just for them. Residents can be themselves among their friends, while participating in a variety of social events and programs designed with healthy socialization and cognitive exercise in mind.

What is memory care?

Memory care lifestyles, programs, and activities are specially designed for those with memory impairment, Alzheimer’s disease, or other forms of dementia. Memory care can either be offered on its own or, more often, provided as a service in a separate area of an assisted living facility. Arbor Terrace Lakeway's memory care program is meant to provide support, encouragement, and relationships for each of our residents. And it’s all backed by Arbor’s 30+ years of experience in dementia care.

How are memory care services different from assisted living services in Lakeway, TX?

Both memory care and assisted living offer supportive care to people with a range of health issues, including cognitive impairments. Memory care, however, caters specifically to those with Alzheimer’s and other types of dementia through dementia-friendly activities and staff trained in the psychological and physical effects of cognitive impairments. To understand the key differences, you may find this post from The Arbor Company blog helpful.

If you have questions about these different types of senior living at Arbor Terrace Lakeway, or would like help determining which might be the best fit for you or your loved one, please contact us. We’re happy to help!

What is the cost of memory care in Texas?

Memory care costs are generally 20-30% higher than assisted living costs. Memory care can be an expensive commitment, but it's worth the cost. The average monthly rate for a memory care facility in Texas is $4,998, but pricing can vary widely depending on the location and level of dementia care that is needed.

What’s the difference between Arbor Terrace Lakeway and a nursing home near Austin?

Arbor Terrace Lakeway was designed to be reminiscent of home, offering private apartments and independence for our residents. In fact, some assisted living residents drive their own cars, cook some of their own meals, and come and go as they please. Assisted living at Arbor Terrace Lakeway includes dining, housekeeping, laundry, maintenance, and all of the other world-class amenities that The Arbor Company is known for. Our staff is available 24 hours a day to provide help, if and when it’s needed. Assisted living is a great option for seniors who need extra support or who need assistance with day-to-day tasks. 

By contrast, a nursing home (also known as a skilled nursing facility) offers more comprehensive support to those who have extensive medical needs in more of a clinical environment. They provide the highest level of care possible outside of a hospital, delivering 24-hour care to seniors who have complex medical conditions and need hands-on assistance and monitoring. Skilled nursing facilities are the best choice for those who need assistance with tasks that go beyond the activities of daily living. 


Assisted Living

Experience peace of mind, with the added support and freedom to live a vibrant, healthy, and fulfilling retirement.

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Bridges Neighborhood

A unique neighborhood for seniors in the early stages of dementia or Alzheimer's disease that promotes cognitive stimulation and healthy socialization.


Memory Care

Designed for seniors with Alzheimer's disease or other forms of dementia, providing a safe, comfortable environment and meaningful relationships.

At Arbor Terrace Lakeway, relationships, personalized assistance, and peace of mind make all the difference. You’ll find a luxury lifestyle, coupled with access to our highly trained and caring staff, designed to keep you feeling your very best.

Arbor Terrace Lakeway has everything you could need and want for your retirement. Our community offers a variety of senior living options to meet your present and future needs.