3 bed, 2 bath, 3,216 sqft on 0.20 acres in Hills of Lakeway. The Hills, TX 78738. $819,900. Lake Travis ISD.
About This Home
Welcome to life in The Hills of Lakeway, one of the area's most sought-after gated golf course communities. Situated on a desirable corner lot, this spacious 3-bedroom, 3,216 sq. ft. home offers a flexible floor plan designed to fit today's lifestyle. The main level features a dedicated formal office, ideal for working from home, while the expansive upstairs flex space provides endless possibilities as a game room, media room, fitness area, or additional living space.
Inside, you'll find high ceilings, an abundance of natural light, and updated flooring that adds a fresh, modern touch throughout the home. The private backyard creates the perfect setting for relaxing evenings or entertaining guests. Residents of The Hills enjoy the benefits of an award-winning gated community centered around a premier golf course lifestyle, with easy access to nearby dining, shopping, and the highly acclaimed Lake Travis area amenities. Don't miss this rare opportunity to own in one of Lakeway's most prestigious neighborhoods.
The Hills of Lakeway delivered another sale in a single day with 18 Glenway Drive, a 3,216 square foot home priced at $889,900 ($277 per square foot) on a level corner lot in Travis County. Built in 2003 and thoroughly updated, this three-bedroom, three-bath residence sits in Hills Lakeway Phase 04, one of the gated golf course communities defining The Hills neighborhood in zip code 78738. The property needs nothing before move-in: new flooring runs throughout the main level, recessed lighting and vaulted ceilings frame the open spaces, and stone and stucco exterior finishes require no attention.
The layout works for families and remote workers alike. The primary bedroom anchors the main floor alongside a dedicated home office, making the transition from kitchen to workspace immediate. Upstairs, a substantial flex area functions as game room, media space, or fitness zone depending on your household's actual needs, not what a developer imagined. The kitchen island and stainless steel appliance package (range, oven, cooktop, dishwasher, refrigerator, microwave) are installed and ready. Two full baths plus two half baths mean morning schedules stay uncomplicated. The two-car garage connects directly, and a covered patio extends living into the private backyard.
Located within Lake Travis ISD, the home feeds into Lakeway Elementary, Hudson Bend Middle, and Lake Travis High School. The Hills community centers on an 18-hole golf course and amenities like dining and recreation, accessed via the gated entrance on Lakeway Boulevard. Nearby, The Domain shopping center sits roughly 15 minutes south, and Dell's Round Rock campus is approximately 20 minutes east via US 183. Austin-Bergstrom International Airport runs about 45 minutes south on I-35. Downtown Austin is 35-40 minutes depending on your starting point.
The corner lot placement delivers more privacy and light than interior homes in the community. Level terrain means no grading challenges for landscaping or outdoor projects. The 0.2033-acre parcel is appropriately sized for entertaining without the maintenance burden of larger grounds. Everything from the roof to the HVAC system to the flooring has been refreshed, meaning your first year involves zero contractor calls. The property's single-day sale reflects what turnkey actually means in The Hills: ready now, not ready eventually.
The numbers behind this insight
- Offered at
- $819,900
- Listed
- June 17, 2026
- Price changes
- 4, down 7.9% from $889,900
- Asking price per sq ft
- $255
Hills of Lakeway market
- Homes sold
- 51
- Median sale price
- $950,000
- Median price per sq ft
- $286
- Median days on market
- 61
- Homes for sale now
- 13
- Months of supply
- 3.1
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 guide- Property Type
- Residential
- Year Built
- 2003
- Lot Size
- 0.20 acres
- Price / Sq Ft
- $255
- Garage
- 2 spaces
Listing information last updated September 11, 2026.
Listed by LPT Realty LLC - Ascend Group
MLS# 1964967 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Built-in Features
- Ceiling Fan(s)
- Ceiling-Vaulted
- Crown Molding
- Double Vanity
- Kitchen Island
- Primary Bedroom on Main
- Recessed Lighting
- Cooktop
- Dishwasher
- Dryer
- Microwave
- Electric Oven
- RNGHD
- Refrigerator
- Stainless Steel Appliance(s)
- Washer
- Carpet
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Private Yard
- Stone
- Stucco
- Corner Lot
- Level
- Private
- Wrought Iron
- Slab
- Covered
- Patio
- Porch
- Roof
- Spanish Tile,Tile
- Lot Size
- 0.20 Acres
- Attached
- Driveway
- Garage
- Garage Spaces
- 2
Financial
- Original List Price
- $889,900
- Price per Sq Ft
- $255
Utilities
- Electricity Available
- High Speed Internet
- Phone Connected
- Underground Utilities
- Water Source
- MUD
- Sewer
- MUD
Transaction History
1 record on file
Every recorded listing, sale, and lease at 18 Glenway DR, whoever represented it.
- ActiveListed 2026Current price: $819,900Original list: $889,900MLS 1964967
- Listed · June 17, 2026$889,900
- Price changed · July 6, 2026$879,900
- Price changed · July 22, 2026$849,900
- Price changed · August 20, 2026$834,900
- Price changed · September 10, 2026$819,900
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.
- Current list
- $819,900
- Original list
- $889,900
- Price movement
- $70K reduction
- Listed / DOM
- Jun 17, 2026 · 121 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $871,079
- Assessment Year
- 2025
- Year Built
- 2003
- Parcel ID
- 000000129833
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-9.2% | — | $871,079 | — | — |
2024-1.6% | — | $959,154 | $315,000 | $548,740 |
2023+56.7% | — | $975,219 | $315,000 | $644,154 |
2022 | — | $622,200 | $315,000 | $660,219 |
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Zoned Schools
Lake Travis
Hudson Bend
Lakeway
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($164K)
Adjustable assumption - not a lending recommendation.
$819,900
Luxury property intelligence
Keenan Market Position
A sourced read on Hills of Lakeway pricing, timing, and property scale. No automated valuation claim.
List price
$819,900
Price per sqft
$255/sqft
Vs. Neighborhood guide reference price
-13.7%
$950K · Hills of Lakeway neighborhood guide · reference price
Days on market
121 days
Original to current
$70K reduction
$889.9K original
Active inventory context
13 listings
Price Position in Hills of Lakeway
Listed 14% below 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 16, 2026.
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