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4 bed, 4 bath, 3,363 sqft on 0.33 acres in Hills of Lakeway. The Hills, TX 78738. Last listed at $995,000, sold June 11, 2026. Lake Travis ISD.
About This Home
Majestic retreat nestled into the infamous Village of The Hills in the heart of the Texas Hill Country, this golf front estate is a paradise waiting to be enjoyed and explored. Built and cared for by the late Ekkehard Gruettner, one of the communities finest, the home was built by Waterloo Homes and designed by architect Mike Brown. All original plans available. Most remarkable are the endless views from the homes many large picture windows overlooking hole #5 of The Hills Signature Course, a Jack Nicklaus inspired design. A timeless feeling of bliss and relaxation fills your soul, and a general sense of well being and safety whisk you away from the everyday hustle and bustle and into your own element. Built for entertaining, this designer home features a 400 square foot, sunken living room boasting an impressive Austin stone fireplace, full wet bar, and floor to ceiling windows. Living open to gallery with stone columns and formal dining room. The well appointed kitchen ends with a large bay window alcove as a second dining area that is a favorite sitting spot with the best views. Upstairs, step back into time with rustic, parquet flooring, elegant chandelier, and two guest bedrooms each with en-suite bathroom. The homes many outdoor areas include a 34X10 upstairs terrace with sweeping views of the Hill Country, beautiful covered patio with columns, multi-level decking all with meticulous flag-stone paving, and a sparkling pool spa nestled into the gently rolling lot. Private golf cart entrance from the rear and aggregate paved golf cart drive from the course. Sure, there are some cosmetic updates needed, but they are well worth the investment into this timeless masterpiece. Call now for your private tour. Estate Sale open to public May 29th - 31st - 10-3PM.
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
- 1990
- Lot Size
- 0.33 acres
- Price / Sq Ft
- $296
- HOA
- $1,550/year
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated June 12, 2026.
Listed by Franks Realty International
MLS# 5986491 • 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
- Two Primary Suties
- Bar
- Bookcases
- Built-in Features
- Ceiling Fan(s)
- Beamed Ceilings
- Ceiling-High
- Chandelier
- Crown Molding
- Double Vanity
- Eat-in Kitchen
- Entrance Foyer
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Natural Woodwork
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Soaking Tub
- Sound System
- Study
- Home Office
- Walk-In Closet(s)
- Wet Bar
- Wired for Sound
- Built-In Electric Oven
- Cooktop
- Dishwasher
- Disposal
- Electric Cooktop
- Microwave
- Electric Water Heater
- Carpet
- Parquet
- Tile
- Heating
- Natural Gas
- Cooling
- Central Air,Electric
- Fireplaces
- 2
Exterior & Lot
- Balcony
- Gutters Full
- Lighting
- Private Yard
- Concrete
- Stone
- Front Yard
- Gentle Sloping
- Landscaped
- Backs To Golf Course
- Private Maintained Road
- Sprinkler - Automatic
- Views
- Perimeter
- Stone
- Wrought Iron
- Slab
- Awning(s)
- Covered
- Deck
- Front Porch
- Rear Porch
- Side Porch
- Terrace
- Roof
- Concrete,Tile
- Lot Size
- 0.33 Acres
- Attached
- Door-Single
- Garage
- Garage Door Opener
- Garage Faces Side
- Golf Cart Garage
- Kitchen Level
- Oversized
- Garage Spaces
- 2
- Pool
- Yes
Financial
- HOA Fee
- $1,550 / year
- Original List Price
- $995,000
- Price per Sq Ft
- $296
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- MUD
- Sewer
- Public Sewer
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Price & Listing History
Pending with current price, original ask, and market time.
- Current list
- $995,000
- Original list
- $995,000
- Price movement
- No verified reduction
- Listed / DOM
- May 8, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $784,871
- Assessment Year
- 2025
- Year Built
- 1990
- Parcel ID
- 000000129881
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-40.8% | — | $784,871 | — | — |
2024+11.1% | — | $1,325,279 | $714,000 | $516,390 |
2023+75.2% | — | $1,193,392 | $714,000 | $611,279 |
2022 | — | $681,000 | $714,000 | $479,392 |
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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.
Illustrative down payment
20% ($199K)
Adjustable assumption - not a lending recommendation.
Home price
$995,000
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
$995,000
Price per sqft
$296/sqft
Vs. Neighborhood guide reference price
+5.4%
$944K · Hills of Lakeway neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$995K original
Active inventory context
14 listings
Price Position in Hills of Lakeway
Listed 5% above the Hills of Lakeway neighborhood guide reference price. Hills of Lakeway neighborhood guide · reference price.
Source: Public records and Keenan Group review as of Jun 12, 2026.
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