
4 bed, 3 bath, 3,759 sqft on 0.28 acres in The Hills. The Hills, TX 78738. $1,250,000. Lake Travis ISD.
Welcome to 43 Lost Meadow Dr, a beautifully updated home in the prestigious, guard-gated community of The Hills of Lakeway. Offering 4 bedrooms, 3.5 baths, a dedicated office that can serve as a 5th bedroom, game room, and 2-car garage with additional golf cart bay, this home combines a spacious floor plan with exceptional indoor-outdoor living.
The dramatic two-story living room features soaring ceilings, abundant natural light, a stone fireplace, built-in cabinetry, and beautiful wood flooring throughout much of the home. Separate formal living and dining rooms provide additional space for entertaining. The updated kitchen features an oversized island, stone countertops, stainless steel appliances, microwave/oven combo, wine refrigerator, extensive cabinetry, and a breakfast area overlooking the backyard.
The main-level primary suite offers vaulted ceilings, wood flooring, abundant windows, and an updated bath with dual vanities, soaking tub, oversized walk-in shower, and large custom cedar-lined closet. The downstairs office includes extensive built-ins and offers flexibility as a study or 5th bedroom.
Upstairs are 3 additional bedrooms, 2 full baths, and a spacious game room. Updated bathrooms, plantation shutters, contemporary fixtures, and wood flooring complete the interior.
Outside, enjoy a private backyard retreat with a sparkling pool featuring a waterfall, child-safety fencing/lock, patio areas, mature landscaping, and a fully fenced yard with additional space for entertaining and play.
Located in highly regarded Lake Travis ISD with convenient access to Lakeway and Bee Cave shopping, dining, entertainment, medical facilities, and Lake Travis. Required Social Membership to The Hills Country Club provides access to select dining, swimming, and social amenities, with options to upgrade for golf, fitness, tennis, pickleball, and more. Ask agent for current membership details and dues.
Verified property facts
43 Lost Meadow Trl is listed at $1,250,000 with 4 bedrooms, 3 full, 1 half bathrooms, 3,759 square feet, 0.28-acre lot. This places it above the ZIP 78738 single-family closed-sale median price of $858,617 (ZIP 78738 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 25, 2026).
43 Lost Meadow Trl is zoned for Lake Travis ISD with assigned schools: Lakeway (elementary), Hudson Bend (middle), Lake Travis (high). School assignments should be verified directly with the district.
43 Lost Meadow Trl is a Residential built in 1998 featuring 4 bedrooms, 3 full, 1 half bathrooms, 3,759 square feet, 0.28-acre lot.
43 Lost Meadow Trl is listed by Compass RE Texas, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 25, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded listing, sale, and lease at 43 LOST MEADOW TRL, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-9.9% | — | $999,679 | — | — |
2024-0.9% | — | $1,109,533 | $350,000 | $697,881 |
2023+55.3% | — | $1,120,034 | $350,000 | $759,533 |
2022 | — | $721,436 | $350,000 | $770,034 |

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. Ratings from GreatSchools.org.
20% ($250K)
Adjustable assumption - not a lending recommendation.
$1,250,000
Luxury property intelligence
A sourced read on The Hills pricing, timing, and property scale. No automated valuation claim.
List price
$1,250,000
Price per sqft
$333/sqft
Vs. Neighborhood guide reference price
+121.8%
$563.5K · The Hills neighborhood guide · reference price
Days on market
2 days
Original to current
No verified reduction
$1.3M original
Active inventory context
10 listings
Price Position in The Hills
Listed 122% above the The Hills neighborhood guide reference price. The Hills neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
43 Lost Meadow Trl is priced at $333 per square foot across 3,759 sqft. The The Hills neighborhood guide reference price is $563,500 (The Hills neighborhood guide · reference price).
The most recent annual property tax for 43 Lost Meadow Trl is $13,569. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 43 Lost Meadow Trl. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 25, 2026, 43 Lost Meadow Trl is offered at $1,250,000. The current MLS snapshot shows 202 active listings in 78738. Keenan Group has completed 30 verified transactions in 78738 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's The Hills guide for current neighborhood analysis.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
The Hills is one of Austin's established neighborhoods, zoned for Lake Travis ISD in the 78738 area. The Keenan Group has specialized in The Hills real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
6 events on record
Current Price
$1,250,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-9.9% | — | $999,679 | — | — |
2024-0.9% | — | $1,109,533 | $350,000 | $697,881 |
2023+55.3% | — | $1,120,034 | $350,000 | $759,533 |
2022 | — | $721,436 | $350,000 | $770,034 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Sold Price |
|---|---|
| 603 Anfield CIR | $860K |
| 12309 Carlsbad DR | $1.54M |
| 15504 Cabrillo WAY | $875K |
| 5812 Davenport Divide RD | $1.25M |
| 2801 Fortuna DR | $627K |
| 16512 Leopold TRL | $1.05M |
| 15805 Spillman Ranch LOOP | $1.43M |
| 18305 Hewetson CV | $850K |
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Neighborhood guide and local insights
The Hills of Lakeway is one of the few neighborhoods in the Austin metro where you can play thirty-six holes of golf, hit a tennis ball at a world-class facility, and drop your kids at a top-rated Lake Travis ISD school - all without leaving the community gates. The World of Tennis, originally built as a professional training facility, gives this neighborhood an athletic campus that no other gated community in the area can claim. The Hills sits in the heart of Lakeway, west of Austin along Highway 71, with main entrance off 71. Downtown takes about thirty minutes via 71 to MoPac. The Bee Cave commercial corridor and Hill Country Galleria are ten minutes east. SP Brazilian is a neighborhood favorite for special occasions. The Grove handles American bistro fare. Canyon Grille, inside the Hills, serves as the community's own dining room. Cafe Blue and Steiner Ranch Steakhouse are short drives away. Housing ranges from garden homes in compact sections to full-scale estates on upper ridgelines. Texas Hill Country style dominates with native limestone and covered outdoor living. Mediterranean homes fill sections from the late 1990s and 2000s. Transitional Contemporary builds blend modern lines with traditional materials. Prices start in the mid-$500s for patio homes, making this one of the more accessible gated communities in Lakeway. The mid-range runs $800,000 to $1.5 million, and upper-tier homes with golf course or canyon views push past $2.5 million. Lakeway Elementary is the primary feeder and benefits from an engaged parent community. Students move to Hudson Bend Middle School and Lake Travis High School, which has won multiple state football championships but builds its real strength in broad extracurricular offerings and college preparation. Lake Travis ISD has invested heavily in facilities and technology, and growth has been managed better than many fast-expanding suburban districts. Daily life runs on the golf schedule and school calendar. Two eighteen-hole courses fill tee times early on weekends. The World of Tennis is the crown jewel, with indoor and outdoor courts and professional instruction. Fitness center, pools, and clubhouse dining round out amenities. Beyond the gates, Hamilton Greenbelt and Canyonlands Nature Preserve provide hiking through juniper woodland with canyon overlooks. Golf carts are common transportation between the clubhouse, tennis facility, and pools. The Hills competes with Spanish Oaks, Rough Hollow, and Flintrock at Hurst Creek. Spanish Oaks is more exclusive and expensive. Rough Hollow offers lake proximity and a marina but lacks golf and tennis infrastructure. Flintrock has a Jack Nicklaus course but a more compact footprint. The Hills differentiates through amenity breadth and price range: a young family can enter in the $500s and an empty nester can find a million-dollar golf course home in the same community. The Hills is for buyers who want a full-amenity gated community with strong schools and a thirty-minute commute. It fits families who want kids growing up with golf, tennis, and swimming as daily life, and retirees who want thirty-six holes without leaving the neighborhood.
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