
4 bed, 3 bath, 4,640 sqft on 0.47 acres in Hills of Lakeway. The Hills, TX 78738. $1,900,000. Lake Travis ISD.
Welcome to 17 Hedgebrook Way, an exceptional 4-bedroom residence with 3 full and 2 half baths, extensively rebuilt from the studs with an unwavering commitment to quality, timeless design and refined craftsmanship. Ideally situated on a rare double lot along one of the most coveted streets in The Hills, this remarkable property offers golf course views and a private backyard setting designed for both everyday living and effortless entertaining.
Sophisticated interiors showcase an impressive collection of natural stone finishes, including Calcutta, Carrara and Emperador marble, complemented by hardwood flooring throughout with no carpet, new lighting and distinctive architectural details. The beautifully appointed kitchen features KitchenAid appliances, a Viking induction cooktop, double ovens, built-in refrigeration and two built-in wine refrigerators. An upstairs mini kitchenette with sink, dishwasher and refrigerator provides exceptional flexibility for guests, multigenerational living or entertaining.
The luxurious primary suite features two custom closets with built-in ladders, a sitting area with built-in shelving and a marble-clad bath with heated floors. Thoughtful improvements throughout the home include redesigned HVAC, reinforced structural elements, two water heaters and numerous systems and improvements brought to current code standards.
Outdoor living is equally impressive with Trex decking, a covered patio, updated lighting and ceiling fans, an automatic gated entry through the porte-cochere, and an outdoor shower and half bath designed for pool guests. Additional enhancements include a new pool pump, replaced irrigation system, updated rear-facing windows and numerous exterior improvements.
17 Hedgebrook Way presents a rare opportunity to own a beautifully reimagined home in The Hills designed for sophisticated yet comfortable living.
The Hills of Lakeway is one of the few communities in the Lake Travis corridor where you can play 36 holes on two separate courses without leaving the neighborhood gates. That fact tells you about the scale of this place and the kind of life people build here. The community wraps around the Hills Country Club and Flintrock Falls Golf Club, and daily life syncs to tee times and school calendars in roughly equal measure.
The Hills sits along Lakeway Boulevard in the western arc of Lake Travis. From the main gate, you are about 25 minutes to downtown Austin via Highway 71 and MoPac, though most residents run errands in the Bee Cave and Lakeway corridor, five minutes away. The 78734 zip code covers this stretch. Access to Lake Travis boat ramps at Mansfield Dam is about ten minutes, and Austin-Bergstrom airport is a 35-minute drive.
Housing reflects three decades of building, with original sections dating to the late 1980s and newer custom homes going up through the 2010s. Texas Hill Country architecture dominates at roughly 35 percent, with limestone facades, metal roofing accents, and deep covered porches. Mediterranean homes with stucco and clay tile make up about 25 percent, and transitional contemporary designs account for another 20 percent. Lot sizes range from a quarter acre in the townhome sections to over an acre on the golf course perimeter. Prices run from the mid-$500s for patio homes to over $2 million for custom builds with golf course or canyon views.
Lake Travis ISD serves the Hills, and families here attend Bee Cave Elementary, Lake Travis Middle School, and Lake Travis High School. Lake Travis High has built a strong reputation in academics and athletics, with multiple state football championships. The district ranks among the top in the Austin metro for test scores and college readiness. Several private options are within driving distance, but most families here chose the address specifically for Lake Travis ISD.
Daily life revolves around club amenities and the outdoors. The World of Tennis facility offers indoor and outdoor courts, fitness classes, and a social calendar. Golf carts are common on internal roads, ferrying residents between the clubhouse, pool, and driveways. SP Brazilian Steakhouse in Bee Cave handles special occasion meals. Canyon Grille serves solid American fare with lake views. The Grove Wine Bar is a weeknight favorite, and Cafe Blue covers seafood. Steiner Ranch Steakhouse rounds out options ten minutes north. Weekends involve Hamilton Greenbelt hikes, Canyonlands Nature Preserve trails, or the easy loop at Lakeway City Park Trail.
Within the corridor, the Hills is more established and golf-centric than Rough Hollow or Serene Hills, which lean toward resort-and-marina or green-space lifestyles. Compared to Lakeway proper outside the gates, the Hills offers guard-gated privacy with dedicated amenities. You will pay less per square foot than custom cliff-side homes along Comanche Trail, but more than production builds in Bee Cave's newer subdivisions.
The Hills works best for families wanting Lake Travis ISD, club amenities they will actually use, and a routine that avoids Austin traffic. Retirees who play golf several times a week find the lifestyle hard to beat, and townhomes offer low-maintenance options. If your weekends involve lake mornings and afternoon rounds, and weeknights mean walking the dog while golf carts hum past, this fits. It is not the flashiest Lake Travis address, but people here chose it for exactly that reason.
School District: Lake Travis ISD
View Hills of Lakeway neighborhood guideVerified property facts
17 Hedgebrook Way is listed at $1,900,000 with 4 bedrooms, 3 full, 2 half bathrooms, 4,640 square feet, 0.47-acre lot. This places it above the ZIP 78738 single-family closed-sale median price of $858,675 (ZIP 78738 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 6, 2026).
17 Hedgebrook Way is zoned for Lake Travis ISD with assigned schools: Lakeway (elementary), Hudson Bend (middle), Lake Travis (high). School assignments should be verified directly with the district.
17 Hedgebrook Way is a Residential built in 1987 featuring 4 bedrooms, 3 full, 2 half bathrooms, 4,640 square feet, 0.47-acre lot.
17 Hedgebrook Way is priced at $409 per square foot across 4,640 sqft. The Hills of Lakeway neighborhood guide reference price is $563,500 (Hills of Lakeway neighborhood guide · reference price).
#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.
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Listing information last updated September 17, 2026.
Listed by Moreland Properties
MLS# 8086387 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
2 records on file
Every recorded listing, sale, and lease at 17 Hedgebrook WAY, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-34.8% | — | $932,789 | — | — |
2024+5.0% | — | $1,430,519 | $833,000 | $666,192 |
2023+75.7% | — | $1,362,461 | $833,000 | $597,519 |
2022 | — | $775,646 | $833,000 | $529,461 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-06T05:37:01.759+00:00; normalized from annual dues.
20% ($380K)
Adjustable assumption - not a lending recommendation.
$1,900,000
Luxury property intelligence
A sourced read on Hills of Lakeway pricing, timing, and property scale. No automated valuation claim.
List price
$1,900,000
Price per sqft
$409/sqft
Vs. Neighborhood guide reference price
+237.2%
$563.5K · Hills of Lakeway neighborhood guide · reference price
Days on market
25 days
Original to current
No verified reduction
$1.9M original
Active inventory context
10 listings
Price Position in Hills of Lakeway
Listed 237% above the Hills of Lakeway neighborhood guide reference price. Hills of Lakeway neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 6, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
The most recent annual property tax for 17 Hedgebrook Way is $19,941. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 17 Hedgebrook Way. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 6, 2026, 17 Hedgebrook Way is offered at $1,900,000. The current MLS snapshot shows 186 active listings in 78738. Keenan Group has completed 31 verified transactions in 78738 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Hills of Lakeway guide for current neighborhood analysis.
17 Hedgebrook Way was built in 1987 (39 years ago). Buyers should budget for potential updates to major systems.
The MLS listing reports HOA or association dues of $1,550 annual for 17 Hedgebrook Way. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Hills of Lakeway is one of Austin's established neighborhoods, zoned for Lake Travis ISD in the 78738 area. The Keenan Group has specialized in Hills of Lakeway real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
| Address | Offered At |
|---|---|
| 15504 Cabrillo WAY | $950K |
| 12309 Carlsbad DR | $1.73M |
| 5812 Davenport Divide RD | $1.30M |
| 16512 Leopold TRL | $1.10M |
| 15805 Spillman Ranch LOOP | $1.40M |
| 18305 Hewetson CV | $1.20M |
| 20 Hedgebrook Way | $1.41M |
| 114 Lakota Pass | $1.25M |
7 events on record
Current Price
$1,900,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-34.8% | — | $932,789 | — | — |
2024+5.0% | — | $1,430,519 | $833,000 | $666,192 |
2023+75.7% | — | $1,362,461 | $833,000 | $597,519 |
2022 | — | $775,646 | $833,000 | $529,461 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
Comparable homes that recently closed in this area
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Hills of Lakeway
Neighborhood guide and local insights
The Hills of Lakeway is one of the few communities in the Lake Travis corridor where you can play 36 holes on two separate courses without leaving the neighborhood gates. That fact tells you about the scale of this place and the kind of life people build here. The community wraps around the Hills Country Club and Flintrock Falls Golf Club, and daily life syncs to tee times and school calendars in roughly equal measure. The Hills sits along Lakeway Boulevard in the western arc of Lake Travis. From the main gate, you are about 25 minutes to downtown Austin via Highway 71 and MoPac, though most residents run errands in the Bee Cave and Lakeway corridor, five minutes away. The 78734 zip code covers this stretch. Access to Lake Travis boat ramps at Mansfield Dam is about ten minutes, and Austin-Bergstrom airport is a 35-minute drive. Housing reflects three decades of building, with original sections dating to the late 1980s and newer custom homes going up through the 2010s. Texas Hill Country architecture dominates at roughly 35 percent, with limestone facades, metal roofing accents, and deep covered porches. Mediterranean homes with stucco and clay tile make up about 25 percent, and transitional contemporary designs account for another 20 percent. Lot sizes range from a quarter acre in the townhome sections to over an acre on the golf course perimeter. Prices run from the mid-$500s for patio homes to over $2 million for custom builds with golf course or canyon views. Lake Travis ISD serves the Hills, and families here attend Bee Cave Elementary, Lake Travis Middle School, and Lake Travis High School. Lake Travis High has built a strong reputation in academics and athletics, with multiple state football championships. The district ranks among the top in the Austin metro for test scores and college readiness. Several private options are within driving distance, but most families here chose the address specifically for Lake Travis ISD. Daily life revolves around club amenities and the outdoors. The World of Tennis facility offers indoor and outdoor courts, fitness classes, and a social calendar. Golf carts are common on internal roads, ferrying residents between the clubhouse, pool, and driveways. SP Brazilian Steakhouse in Bee Cave handles special occasion meals. Canyon Grille serves solid American fare with lake views. The Grove Wine Bar is a weeknight favorite, and Cafe Blue covers seafood. Steiner Ranch Steakhouse rounds out options ten minutes north. Weekends involve Hamilton Greenbelt hikes, Canyonlands Nature Preserve trails, or the easy loop at Lakeway City Park Trail. Within the corridor, the Hills is more established and golf-centric than Rough Hollow or Serene Hills, which lean toward resort-and-marina or green-space lifestyles. Compared to Lakeway proper outside the gates, the Hills offers guard-gated privacy with dedicated amenities. You will pay less per square foot than custom cliff-side homes along Comanche Trail, but more than production builds in Bee Cave's newer subdivisions. The Hills works best for families wanting Lake Travis ISD, club amenities they will actually use, and a routine that avoids Austin traffic. Retirees who play golf several times a week find the lifestyle hard to beat, and townhomes offer low-maintenance options. If your weekends involve lake mornings and afternoon rounds, and weeknights mean walking the dog while golf carts hum past, this fits. It is not the flashiest Lake Travis address, but people here chose it for exactly that reason.
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