Welcome To THE RESERVE AT LAKE AUSTIN, Exceptional Independent Living, Assisted Living & Memory Care Community in Austin, TX The perfect senior living choice for those who desire the conveniences of supportive care and enjoy the perks of upscale living: The Reserve at Lake Austin will be a rare jewel in the Texas Hill Country. Top-shelf amenities, abundant outdoor spaces, exceptional local cuisine and amazing views are only part of the allure. The serene hillside setting close to Lake Austin near Pennybacker Bridge suggests a fine resort while the urban proximity will keep you close to everything. We welcome your interest in this extraordinary Austin independent living, assisted living and memory care community!