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— bed, — bath on 0.29 acres in Hills of Lakeway. The Hills, TX 78738. Last listed at $115,000, sold December 4, 2006.
About This Home
Very nice buildable lot! good trees, level, view from second floor!Restrictions: Yes
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
- Land
- Lot Size
- 0.29 acres
Listing information last updated January 22, 2021.
Listed by Jackson Properties
MLS# 3979129 • 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
Exterior & Lot
- Lot Size
- 0.29 Acres
Financial
- Original List Price
- $115,000
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $115,000
- Original list
- $115,000
- Price movement
- No verified reduction
- Listed / DOM
- Not available
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $539,078
- Assessment Year
- 2025
- Year Built
- 1985
- Parcel ID
- 000000130226
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-15.4% | — | $539,078 | — | — |
2024+0.0% | — | $636,890 | $350,000 | $236,723 |
2023+64.7% | — | $636,890 | $350,000 | $380,323 |
2022+12.9% | — | $386,600 | $350,000 | $286,890 |
2021 | — | $342,462 | $100,000 | $286,600 |
District Schools Nearby
Lake Travis High School
Bee Cave Middle School
Hudson Bend Middle School
Lake Pointe Elementary
Lakeway Elementary
Bee Cave Elementary
District context schools are shown because address-level assigned school fields are not available for this property. 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% ($23K)
Adjustable assumption - not a lending recommendation.
$115,000
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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
$115,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
-87.9%
$950K · Hills of Lakeway neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$115K original
Active inventory context
13 listings
Price Position in Hills of Lakeway
Listed 88% 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 Mar 27, 2026.
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Hills of Lakeway Neighborhood Guide
Lifestyle, schools, market context, and homes in Hills of Lakeway
Hills of Lakeway Homes for Sale
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78738 ZIP Guide
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Lake Travis ISD Schools
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Austin Home Valuation
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