Lake Laxárvatn is one of the sources of Laxá in Döllum, is about 0.5 km² in size and at about 150m above sea level. It is located just north of Laxárdalsvegur, number 59, near the farm Sólheimar. There is good fishing in the lake but only for brown trout. The common size of fish is 1-3 pounds.