Lake Austin is a constant level lake. Lake Travis is low as it always is this time of summer. Couple good rains will fill it back up. The 3 lakes above it, LBJ, Marble Falls, and Inks are constant level lakes. Lake Buchanan above that is prob a few feet low. Austin is a great place to live. Been here 10 years now. Strong economy. Not really affected by mortgage crisis. Lots of high tech, Dell, Samsung, AMD, Motorola, Freescale, etc. Lake Travis is the popular hot boat lake, even though there arent alot of hot boats compared to west coast.