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5 bed, 3 bath, 3,346 sqft on 0.45 acres in Hills of Lakeway. The Hills, TX 78738. Last listed at $895,000, sold August 13, 2026. Lake Travis ISD.
About This Home
Settled beneath 44 mature live oaks on a rare double lot in the 24/7 guard-gated community of The Hills, 22 Hedgebrook offers the kind of privacy and setting that is genuinely hard to find in Lake Travis. The limestone Hill Country exterior, tile roof, and flagstone walkway create real curb appeal, and the covered front porch overlooks the tree-lined yard.
Inside, light-colored hardwood floors, soaring ceilings, crown molding, and substantial baseboards run throughout the main level. The flexible layout includes a formal living room and private office with built-in cabinetry. The kitchen features granite countertops, two-tone cabinetry with a dark center island and induction cooktop, KitchenAid stainless appliances, a French door refrigerator, large pantry, double sink, and a built-in desk nook. Two separate dining areas give the home genuine versatility. A screened-in porch opens to a backyard with mature trees, a limestone retaining wall, and a bocce ball court (or use it for cornhole or petanque). The half bath has an exterior door positioned for a future pool bath.
Upstairs, the primary suite is a standout. The bath has been completely remodeled with dual vanity stations, white shaker cabinetry, granite countertops, a glass-enclosed walk-in shower, and a custom closet with drawers and built-in organizers. Both the primary and front bedroom open onto a covered upper-level porch. Two secondary bedrooms each include a private vanity sink and mini walk-in closet, sharing an updated Jack-and-Jill bath with tile surround and glass door. A fifth bedroom with en suite bath completes the main level with an additional bedroom/craft room. The game room is reinforced for a pool table. The laundry room includes a utility sink, ample cabinetry, and direct access to the split three-car garage with overhead storage.
Mandatory social membership to The Hills Country Club ($147/month) includes pool access, restaurant dining, and year-round social programming.
A double lot under 44 mature live oaks is the defining advantage at 22 Hedgebrook Way, set in Hills of Lakeway within the 24/7 guard-gated community of The Hills. In this part of The Hills, usable land, established tree cover, and privacy carry real weight, and this property combines all three on 0.448 acres. The home spans 3,346 square feet with five bedrooms, three full baths, one half bath, and a split three-car garage, built in 2001 and now offered at $1.02M, or $306 per square foot. The location also lands in Lake Travis ISD, with Lakeway Elementary, Hudson Bend Middle, and Lake Travis High all assigned, which matters for buyers weighing long-term hold value as much as immediate livability.
The exterior sets a clear tone with limestone, a tile roof, and a flagstone approach, but the real story is how the floor plan uses its scale. The main level has hardwood floors, tall ceilings, crown molding, a formal living room, a private office with built-ins, and two separate dining areas that make the house work for both daily life and larger gatherings. The kitchen is practical and well equipped, with granite counters, a dark center island, induction cooktop, KitchenAid stainless appliances, a French door refrigerator, a large pantry, and a built-in desk nook. A screened porch extends the living space into the backyard, where the mature tree canopy, limestone retaining wall, and bocce court create a setting that feels established rather than recently assembled. The half bath opens directly to the exterior, which gives a future pool addition a straightforward path.
Upstairs, the primary suite has been updated where it counts. The bath now includes separate vanity stations, shaker cabinetry, granite counters, a glass-enclosed walk-in shower, and a custom closet with built-in organization. Both the primary suite and the front bedroom open to a covered upper porch, while two secondary bedrooms have private vanity sinks and mini walk-in closets connected by an updated Jack-and-Jill bath. The game room is reinforced for a pool table, and the laundry room adds a utility sink, storage, and direct garage access. Even the required $147 per month social membership to The Hills Country Club has practical value, with pool access, dining, and year-round programming built into ownership. For buyers focused on land, shade, and a floor plan that can adapt over time, this is the kind of Lakeway-area position that tends to stay relevant.
The numbers behind this insight
Hills of Lakeway market
- Homes sold
- 51
- Median sale price
- $950,000
- Median price per sq ft
- $286
- Median days on market
- 42
- Homes for sale now
- 14
- Months of supply
- 3.3
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
- 2001
- Lot Size
- 0.45 acres
- Price / Sq Ft
- $267
- Garage
- 3 spaces
Listing information last updated August 12, 2026.
Listed by Eleven Oaks Realty
MLS# 9774025 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Breakfast Bar
- Ceiling Fan(s)
- Tray Ceiling(s)
- Central Vacuum
- Chandelier
- Corian Counters
- Granite Counters
- Double Vanity
- Eat-in Kitchen
- Entrance Foyer
- Interior Steps
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Open Floorplan
- Pantry
- Recessed Lighting
- Study
- Home Office
- Walk-In Closet(s)
- Built-In Electric Oven
- Dishwasher
- Disposal
- Induction Cooktop
- Microwave
- Plumbed For Ice Maker
- Free-Standing Refrigerator
- Stainless Steel Appliance(s)
- Electric Water Heater
- Water Heater
- Carpet
- Tile
- Vinyl
- Wood
- Heating
- Central
- Cooling
- Ceiling Fan(s),Central Air,Multi Units
Exterior & Lot
- Gutters Full
- Masonry – All Sides
- Vinyl Siding
- Back Yard
- Curbs
- Front Yard
- Gentle Sloping
- Interior Lot
- Landscaped
- Near Golf Course
- Sprinkler - Automatic
- Sprinklers In Rear
- Sprinklers In Front
- Sprinklers On Side
- Many Trees
- Trees-Medium (20 Ft - 40 Ft)
- Xeriscape
- Wrought Iron
- Slab
- Covered
- Front Porch
- Rear Porch
- Screened
- Roof
- Tile
- Lot Size
- 0.45 Acres
- Attached
- Door-Multi
- Door-Single
- Driveway
- Garage
- Garage Door Opener
- Garage Faces Side
- Inside Entrance
- Off Street
- Parking Pad
- Paved
- Garage Spaces
- 3
Financial
- Original List Price
- $1,025,000
- Price per Sq Ft
- $267
Utilities
- Cable Connected
- Electricity Connected
- High Speed Internet
- Propane
- Sewer Connected
- Underground Utilities
- Water Connected
- Water Source
- MUD
- Sewer
- MUD
Explore this area
Price & Listing History
Pending with current price, original ask, and market time.
- Current list
- $895,000
- Original list
- $1,025,000
- Price movement
- $130K reduction
- Listed / DOM
- Mar 10, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,079,806
- Assessment Year
- 2025
- Year Built
- 2001
- Parcel ID
- 000000495900
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-8.8% | — | $1,079,806 | — | — |
2024-0.7% | — | $1,184,420 | $490,000 | $580,565 |
2023+67.2% | — | $1,193,267 | $490,000 | $694,420 |
2022 | — | $713,880 | $490,000 | $703,267 |
Virtual Tour

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.
Illustrative down payment
20% ($179K)
Adjustable assumption - not a lending recommendation.
Home price
$895,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Hills of Lakeway pricing, timing, and property scale. No automated valuation claim.
List price
$895,000
Price per sqft
$267/sqft
Vs. Neighborhood guide reference price
-5.8%
$950K · Hills of Lakeway neighborhood guide · reference price
Days on market
Not available
Original to current
$130K reduction
$1M original
Active inventory context
14 listings
Price Position in Hills of Lakeway
Listed 6% below the Hills of Lakeway neighborhood guide reference price. Hills of Lakeway neighborhood guide · reference price.
Source: Public records and Keenan Group review as of Oct 16, 2026.
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Hills of Lakeway Neighborhood Guide
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78738 ZIP Guide
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