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4 bed, 4 bath, 3,508 sqft on 0.24 acres in Hills of Lakeway. The Hills, TX 78738. Last listed at $897,000, sold May 28, 2026. Lake Travis ISD.
About This Home
Welcome to 5 Leafdale Point, a stunning retreat tucked away on a quiet cul-de-sac in the highly sought-after community of The Hills. This beautifully designed 4-bedroom, 4-bathroom home offers 3,508 square feet of spacious living, perfectly balancing comfort, elegance, and functionality. Inside, you’ll find two generous living areas that provide ample space for both relaxed everyday living and effortless entertaining. The thoughtfully designed layout allows natural light to flow throughout the home, creating a warm and inviting atmosphere. Step outside to your private backyard oasis, complete with a sparkling pool, soothing hot tub, and an exciting water slide—perfect for enjoying sunny Texas days. The expansive deck overlooks a peaceful greenbelt, offering a tranquil backdrop for morning coffee, sunset views, or gatherings with friends and family. Surrounded by scenic hill country views and positioned for privacy, this home offers the best of both worlds: a serene escape in nature while remaining just minutes from the conveniences, dining, and shopping of Lakeway. This exceptional property delivers generous indoor and outdoor living spaces in one of the area’s most desirable communities.
The four-bedroom, four-bath home at 5 Leafdale Point in The Hills offers move-in perfection at $925,000 with zero work required. This 3,508-square-foot residence in Hills of Lakeway has been fully updated with modern finishes that let you skip the renovation phase entirely and start living immediately.
Recent upgrades include quartz countertops throughout the kitchen, recessed lighting in main living spaces, and mixed flooring of wood, tile, and carpet that flows naturally across the open floor plan. The primary bedroom sits on the main level with a walk-in closet, eliminating the need to climb stairs for everyday living. An in-law floorplan adds flexibility for multi-generational households or guest accommodations. A dedicated study provides workspace for remote work without disrupting the home's living rhythm.
The kitchen centers on an eat-in design with a full appliance suite including a wine refrigerator, warming drawer, and self-cleaning oven. Two distinct living areas and multiple dining spaces mean your family won't feel cramped during daily life or entertaining. A wet bar adjacent to the main entertaining zone connects seamlessly to the outdoor spaces.
Outside, the real transformation happens. A private pool with hot tub and water slide dominates the backyard, positioned on a 0.243-acre lot that backs to greenbelt for permanent privacy and scenic views. The expansive deck handles large gatherings while maintaining sight lines to the Hill Country terrain beyond. An outdoor grill sits ready for weekend entertaining.
Location matters here. 5 Leafdale Point sits in The Hills ZIP 78738, served by Lake Travis ISD with Lakeway Elementary, Lake Travis Middle, and Lake Travis High School. This school district ranks among Central Texas' most competitive for academics and college placement. Lakeway commercial areas lie minutes away for dining and shopping, while the cul-de-sac positioning keeps traffic minimal. The $264 per square foot pricing reflects the turnkey condition and community desirability.
Twenty days on market signals strong buyer interest in this segment. This is a home where you unload the moving truck, hang pictures, and your Texas lifestyle starts that weekend.
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
- 1984
- Lot Size
- 0.24 acres
- Price / Sq Ft
- $256
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated April 27, 2026.
Listed by Keller Williams - Lake Travis
MLS# 2548844 • 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
- Ceiling Fan(s)
- Quartz Counters
- Eat-in Kitchen
- Entrance Foyer
- In-Law Floorplan
- Multiple Dining Areas
- Multiple Living Areas
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Study
- Home Office
- Walk-In Closet(s)
- Wet Bar
- Dishwasher
- Disposal
- Dryer
- Electric Range
- Microwave
- Oven
- Refrigerator
- Self Cleaning Oven
- Warming Drawer
- Washer
- Wine Refrigerator
- Carpet
- Tile
- Wood
- Heating
- Electric
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Outdoor Grill
- Stone Veneer
- Greenbelt
- Wrought Iron
- Slab
- Deck
- Roof
- Tile
- Lot Size
- 0.24 Acres
- Attached
- Garage
- Garage Door Opener
- Garage Spaces
- 2
- Pool
- Yes
Financial
- Original List Price
- $925,000
- Price per Sq Ft
- $256
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source
- MUD
- Sewer
- MUD
Explore this area
Price & Listing History
Active Under Contract with current price, original ask, and market time.
- Current list
- $897,000
- Original list
- $925,000
- Price movement
- $28K reduction
- Listed / DOM
- Mar 13, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $818,273
- Assessment Year
- 2025
- Year Built
- 1984
- Parcel ID
- 000000130015
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-18.6% | — | $818,273 | — | — |
2024+3.8% | — | $1,005,572 | $385,000 | $587,865 |
2023+66.8% | — | $969,115 | $385,000 | $620,572 |
2022 | — | $580,895 | $385,000 | $584,115 |
Zoned Schools & District Context
Lake Travis
Bee Cave Middle School
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% ($179K)
Adjustable assumption - not a lending recommendation.
$897,000
Luxury property intelligence
Keenan Market Position
A sourced read on Hills of Lakeway pricing, timing, and property scale. No automated valuation claim.
List price
$897,000
Price per sqft
$256/sqft
Vs. Neighborhood guide reference price
-5.6%
$950K · Hills of Lakeway neighborhood guide · reference price
Days on market
Not available
Original to current
$28K reduction
$925K original
Active inventory context
13 listings
Price Position in Hills of Lakeway
Listed 6% below the Hills of Lakeway neighborhood guide reference price. Hills of Lakeway neighborhood guide · reference price.
Source: Public records and Keenan Group review as of May 30, 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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