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4 bed, 4 bath, 3,240 sqft on 0.20 acres in Hills of Lakeway. The Hills, TX 78738. Last listed at $1,350,000, sold September 28, 2026. Lake Travis ISD.
About This Home
Situated on the 1st hole within The Hills, this updated residence blends timeless elegance with refined modern living. From the moment the front door opens, sweeping golf course views become the focal point of the home, creating a sense of tranquility that carries throughout nearly every room and outdoor space. Designed with both comfort and sophistication in mind, the home offers 4 bedrooms, a dedicated office, and 4 full bathrooms, including 2 bedrooms on the main level. Expansive windows frame the fairways from every corner, while the open-concept living spaces flow effortlessly between the grand living room with custom built-ins and fireplace, the elevated dining area, and the private deck, a true extension of the home and the perfect setting to unwind while overlooking the course. At the heart of the home, the chef’s kitchen features a dramatic marble island, double wall ovens, and custom floor-to-ceiling cabinetry designed for both beauty and functionality. The main-level primary suite offers a private retreat with its own fireplace, oversized dual-access walk-in closet, spa-inspired bath, and adjoining flex space ideal for a home office, fitness studio, or lounge. Upstairs, each secondary bedroom features its own beautifully updated private en-suite bathroom enhanced by natural light and architectural skylights. Mature trees, a covered terrace, and a spacious three-car garage with dedicated golf cart space complete the experience. Located behind the 24-hour guard gates of The Hills, residents enjoy direct golf cart access to The Hills Country Club and proximity to trails, parks, the Hill Country Galleria, and Lake Travis marinas.
At 48 Tiburon Drive in The Hills, you're buying a home that functions like a private resort within one of Austin's most exclusive gated communities. This 4-bedroom, 4-bath residence sits directly on the first hole of the championship golf course, with unobstructed fairway views from the moment you enter the stone-and-timber front foyer.
The home's design centers on seamless indoor-outdoor living. Floor-to-ceiling windows frame the golf course from the grand living room, elevated dining area, and primary suite. The chef's kitchen anchors the main level with a marble island, double wall ovens, wine cooler, and custom cabinetry that flows directly onto a covered terrace and private deck. This outdoor extension becomes the natural gathering space, overlooking mature trees and the manicured fairways beyond. The coffered ceilings and crown molding throughout reinforce the refined aesthetic without feeling overdone.
The primary suite operates as a personal sanctuary. Positioned on the main level for convenience, it includes a spa-inspired dual-vanity bathroom, fireplace, and an oversized walk-in closet. The adjacent flex space works equally well as a home office, fitness studio, or private lounge. Upstairs, two secondary bedrooms each have their own en-suite bathrooms, skylights, and storage solutions that eliminate compromise on guest comfort.
Stone construction and the 0.2029-acre lot provide durability and privacy. The three-car garage includes dedicated golf cart parking, which matters here: The Hills offers 24-hour gated security and direct cart access to The Hills Country Club without crossing a single public road. From there, you reach the extensive trail network around Lake Travis, the Hill Country Galleria for shopping and dining, and multiple marinas within minutes.
The property sits in Lake Travis Independent School District. Lakeway Elementary, Hudson Bend Middle, and Lake Travis High School all serve this address. The 3,240 square feet across both levels was built in 1991 but substantially updated, priced at $1.45 million or $447 per square foot.
At this price point and location, you're not buying a house that overlooks golf. You're buying the golf course as your backyard, with the infrastructure and privacy of a members-only resort where you never need to leave.
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
- 61
- Homes for sale now
- 13
- Months of supply
- 3.1
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
- 1991
- Lot Size
- 0.20 acres
- Price / Sq Ft
- $417
- Garage
- 2 spaces
Listing information last updated September 2, 2026.
Listed by JPAR Round Rock
MLS# 6133013 • 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
- Bookcases
- Built-in Features
- Ceiling Fan(s)
- Coffered Ceiling(s)
- Ceiling-High
- Chandelier
- Quartz Counters
- Crown Molding
- Double Vanity
- Eat-in Kitchen
- Entrance Foyer
- Interior Steps
- Kitchen Island
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Storage
- Study
- Home Office
- Walk-In Closet(s)
- Cooktop
- Dishwasher
- Microwave
- Double Oven
- RNGHD
- Wine Cooler
- Tile
- Wood
- Heating
- Central
- Cooling
- Ceiling Fan(s),Central Air
- Fireplaces
- 2
Exterior & Lot
- Exterior Steps
- Private Yard
- Stone
- Greenbelt
- Back Yard
- Front Yard
- Interior Lot
- Landscaped
- Level
- Near Golf Course
- Backs To Golf Course
- Trees-Medium (20 Ft - 40 Ft)
- Views
- Fenced
- Front Yard
- Partial
- Slab
- Covered
- Deck
- Front Porch
- Patio
- Porch
- Roof
- Shingle
- Lot Size
- 0.20 Acres
- Attached
- Door-Multi
- Driveway
- Garage
- Garage Door Opener
- Garage Faces Front
- Golf Cart Garage
- Kitchen Level
- Garage Spaces
- 2
Financial
- Original List Price
- $1,449,000
- Price per Sq Ft
- $417
Utilities
- Cable Available
- Electricity Available
- Sewer Available
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer
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Price & Listing History
Active Under Contract with current price, original ask, and market time.
- Current list
- $1,350,000
- Original list
- $1,449,000
- Price movement
- $99K reduction
- Listed / DOM
- May 28, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $735,376
- Assessment Year
- 2025
- Year Built
- 1991
- Parcel ID
- 000000129864
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-33.9% | — | $735,376 | — | — |
2024+0.1% | — | $1,112,877 | $535,500 | $501,743 |
2023+69.2% | — | $1,111,881 | $535,500 | $577,377 |
2022+20.5% | — | $656,956 | $535,500 | $576,381 |
2021 | — | $545,317 | $170,000 | $486,956 |
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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.
20% ($270K)
Adjustable assumption - not a lending recommendation.
$1,350,000
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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
$1,350,000
Price per sqft
$417/sqft
Vs. Neighborhood guide reference price
+42.1%
$950K · Hills of Lakeway neighborhood guide · reference price
Days on market
Not available
Original to current
$99K reduction
$1.4M original
Active inventory context
13 listings
Price Position in Hills of Lakeway
Listed 42% 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 Oct 15, 2026.
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