4 bed, 3 bath, 3,609 sqft on 0.27 acres in Hills of Lakeway. The Hills, TX 78738. $1,049,000. Lake Travis ISD.
About This Home
Beautifully positioned on a premier golf course lot. Set along the Jack Nicklaus-designed Signature Golf Course. Experience refined Hill Country living in the prestigious, guard-gated community of The Hills, where your own private pool meets the beauty of the golf course. This impressive residence pairs an inviting, thoughtfully designed interior with an exceptional outdoor setting overlooking the #3 tee box and 3rd and 4th fairways.
Here, golf course living isn't simply a view - it's the backdrop to everyday life.
This impressive 4-bedroom, 3.5-bath residence offers 3,609 square feet of thoughtfully designed living space, exceptional outdoor amenities, and picturesque golf course views.
From the moment you arrive, the home's timeless stone exterior and mature landscaping create an inviting first impression. Inside, soaring ceilings, generous room proportions, and an open, light-filled layout provide an ideal balance of elegance and everyday comfort. The spacious kitchen is designed for gathering and entertaining, featuring double ovens, an electric cooktop, abundant workspace, and an easy connection to the home's living and dining areas. A striking stone fireplace anchors the main living space, adding warmth and character.
The flexible multi-level floor plan provides wonderful separation of spaces, with two bedrooms conveniently located on the main level and additional rooms that can easily accommodate guests, a home office, game room, or private retreat.
Step outside and discover what truly sets this property apart. The private backyard feels like a personal resort, complete with an in-ground pool, outdoor kitchen, manicured lawn, mature shade trees, and expansive golf course views.
Located within one of the Lake Travis area's most established gated communities and served by acclaimed Lake Travis ISD. This is more than a beautiful home - 38 Tiburon Drive is an opportunity to enjoy The Hills lifestyle from an exceptional setting.
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
- 1997
- Lot Size
- 0.27 acres
- Price / Sq Ft
- $291
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated September 30, 2026.
Listed by Orchard Brokerage
MLS# 1315567 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- Ceiling-High
- Chandelier
- Eat-in Kitchen
- Open Floorplan
- Walk-In Closet(s)
- Dishwasher
- Electric Cooktop
- Microwave
- Range
- Refrigerator
- Washer
- Dryer
- Carpet
- Tile
- Vinyl
- Heating
- Central
- Cooling
- Ceiling Fan(s),Central Air
- Fireplaces
- 1
Exterior & Lot
- Barbecue
- Gas Grill
- Private Yard
- Brick
- Stone
- Backs To Golf Course
- Wrought Iron
- Slab
- Patio
- Roof
- Tile
- Lot Size
- 0.27 Acres
- Attached
- Driveway
- Garage
- Garage Spaces
- 2
- Pool
- Yes
Financial
- Original List Price
- $1,099,000
- Price per Sq Ft
- $291
Utilities
- Electricity Connected
- High Speed Internet
- Phone Available
- Sewer Connected
- Water Connected
- Water Source
- MUD
- Sewer
- MUD
Transaction History
1 record on file
Every recorded listing, sale, and lease at 38 Tiburon DR, whoever represented it.
- ActiveListed 2026Current price: $1,049,000Original list: $1,099,000MLS 1315567
- Listed · August 27, 2026$1,099,000
- Price changed · September 30, 2026$1,049,000
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.
- Current list
- $1,049,000
- Original list
- $1,099,000
- Price movement
- $50K reduction
- Listed / DOM
- Aug 27, 2026 · 50 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $993,946
- Assessment Year
- 2025
- Year Built
- 1997
- Parcel ID
- 000000129859
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-18.5% | — | $993,946 | — | — |
2024-5.9% | — | $1,219,449 | $595,000 | $560,138 |
2023+73.5% | — | $1,296,206 | $595,000 | $624,449 |
2022 | — | $747,000 | $595,000 | $701,206 |
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% ($210K)
Adjustable assumption - not a lending recommendation.
$1,049,000
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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
$1,049,000
Price per sqft
$291/sqft
Vs. Neighborhood guide reference price
+10.4%
$950K · Hills of Lakeway neighborhood guide · reference price
Days on market
50 days
Original to current
$50K reduction
$1.1M original
Active inventory context
13 listings
Price Position in Hills of Lakeway
Listed 10% above 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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