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Keenan Group#1 Austin Board of Realtors Team 2024
17 Hedgebrook WAY, photo 1 of 34, Hills of Lakeway, The Hills, TX
Active

$1,785,000

4Beds
3.2Baths
4,640Sq Ft
0.47 acresLot

17 Hedgebrook Way, The Hills, TX 78738

Reduced 6%$1,900,000
Hills of Lakeway·MLS# 8086387·Built 1987·47 days on market

4 bed, 3 bath, 4,640 sqft on 0.47 acres in Hills of Lakeway. The Hills, TX 78738. $1,785,000. Lake Travis ISD.

About This Home

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.

Property Type
Residential
Year Built
1987
Lot Size
0.47 acres
Price / Sq Ft
$385
HOA
$1,550/year
Garage
2 spaces
Pool
Yes

Listing information last updated October 26, 2026.

Listed by Moreland Properties

MLS# 8086387 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Private pool and outdoor entertaining setup
2-car garage with additional parking capacity
Generous 0.47-acre lot
Bookcases
Built-in Features
Ceiling Fan(s)

Facts & Features

Interior

Features

  • Bookcases
  • Built-in Features
  • Ceiling Fan(s)
  • Stone Counters
  • Crown Molding
  • Double Vanity
  • Entrance Foyer
  • Kitchen Island
  • Primary Bedroom on Main
  • Recessed Lighting
  • Wet Bar

Appliances

  • Built-In Electric Range
  • Built-In Refrigerator
  • Dishwasher
  • Microwave
  • Oven
  • Double Oven
  • RNGHD
  • Refrigerator
  • Stainless Steel Appliance(s)
  • Wine Cooler

Flooring

  • Marble
  • Wood
Heating
Central
Cooling
Central Air
Fireplaces
2
Exterior & Lot

Features

  • Balcony
  • Private Yard

Construction

  • Brick
  • Stone

Lot Features

  • Front Yard
  • Landscaped
  • Level
  • Backs To Golf Course
  • Private
  • Trees-Moderate
  • Views

Fencing

  • Wrought Iron

Foundation

  • Slab

Patio / Porch

  • Covered
  • Deck
  • Patio
  • Porch
Roof
Tile
Lot Size
0.47 Acres

Parking

  • Additional Parking
  • Detached
  • Secured
Garage Spaces
2
Pool
Yes
Financial
HOA Fee
$1,550 / year
Original List Price
$1,900,000
Price per Sq Ft
$385
Utilities
  • Electricity Connected
  • Propane
  • Sewer Connected
  • Water Connected
Water Source
MUD
Sewer
MUD

Transaction History

1 record on file

Every recorded listing, sale, and lease at 17 Hedgebrook WAY, whoever represented it.

  1. ActiveListed 2026
    Current price: $1,785,000Original list: $1,900,000MLS 8086387
    1. Listed · September 11, 2026$1,900,000
    2. Price changed · October 7, 2026$1,850,000
    3. Price changed · October 26, 2026$1,785,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Price Change with current price, original ask, and market time.

View Timeline
Current list
$1,785,000
Original list
$1,900,000
Price movement
$115K reduction
Listed / DOM
Sep 11, 2026 · 47 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$932,789
Assessment Year
2025
Year Built
1987
Parcel ID
000000455960
$1.4M
$776K
$775,646
2022
$1,362,461
+75.7% from prev
2023
$1,430,519
+5.0% from prev
2024
$932,789
-34.8% from prev
2025
YearTaxesTotal AssessmentLandAdditions
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
5-Year Change20.3%
Map showing 17 Hedgebrook WAY
17 Hedgebrook WAY
Directions

Zoned Schools

Lake Travis ISD →

1 High School1 Middle School1 Elementary School

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.

Principal & interest
$9,809
HOA dues
$129

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 2026-10-26T16:42:15.614+00:00; normalized from annual dues.

Illustrative down payment

20% ($357K)

Adjustable assumption - not a lending recommendation.

Home price

$1,785,000

Loan: $1.4M

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-22
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Keenan Market Position

A sourced read on Hills of Lakeway pricing, timing, and property scale. No automated valuation claim.

List price

$1,785,000

Price per sqft

$385/sqft

Vs. Neighborhood guide reference price

+87.9%

$950K · Hills of Lakeway neighborhood guide · reference price

Days on market

47 days

Original to current

$115K reduction

$1.9M original

Active inventory context

14 listings

Price Position in Hills of Lakeway

Neighborhood guide reference price $950KThis home $1.8M

Listed 88% above the Hills of Lakeway neighborhood guide reference price. Hills of Lakeway neighborhood guide · reference price.

Seller's Market - 14 active listings, 47 days on market

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 26, 2026.

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Verified property facts

Frequently Asked Questions

How much is 17 Hedgebrook Way?

17 Hedgebrook Way is listed at $1,785,000 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 $899,000 (ZIP 78738 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 27, 2026).

What school district is 17 Hedgebrook Way in?

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.

What are the property details for 17 Hedgebrook Way?

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.

What is the price per square foot at 17 Hedgebrook Way?

17 Hedgebrook Way is priced at $385 per square foot across 4,640 sqft. The Hills of Lakeway neighborhood guide reference price is $950,000 (Hills of Lakeway neighborhood guide · reference price).

What are the property taxes for 17 Hedgebrook Way?

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.

How should a buyer estimate the monthly payment for 17 Hedgebrook Way?

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.

How does 17 Hedgebrook Way compare with other homes in Hills of Lakeway?

As of Oct 26, 2026, 17 Hedgebrook Way is offered at $1,785,000. The current MLS snapshot shows 181 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.

When was 17 Hedgebrook Way built?

17 Hedgebrook Way was built in 1987 (39 years ago). Buyers should budget for potential updates to major systems.

What is the community structure at 17 Hedgebrook Way?

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.

What should buyers know about Hills of Lakeway?

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.

  • Hills of Lakeway area specialists
  • Lake Travis ISD zoning
  • #1 Austin Board of Realtors Team 2024
  • 25+ years Austin luxury real estate

Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)

Why Choose the #1 Austin Board Team for Hills of Lakeway

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/26/2026, 11:42:15 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/26/2026, 11:42:15 AM

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