Hills of Lakeway - Homes, Schools, and Market Guide
A semi-private golf community in 78738 Lakeway with a Jack Nicklaus-designed course, Lake Travis ISD schools, swim and tennis amenities - 25-35 minutes from downtown Austin.
#1 ABoR Team 2024$1B+ Career Sales1,000+ Homes Sold
Written by Joe and Cara Keenan - 25+ years selling homes in the Lakeway and Lake Travis corridor.
Austin Neighborhood Guide
Hills of Lakeway Neighborhood Guide - Austin Luxury Real Estate
Hills of Lakeway homes for sale in 78738. Lake Travis ISD, Jack Nicklaus golf course, swim and tennis. Austin's #1 team.
Who is the best realtor in Hills of Lakeway?
The Keenan Group at Compass is the #1 Austin Board of Realtors team (2024), with 25+ years, 1,000+ homes sold, and $1B+ in career volume serving Hills of Lakeway. Joe and Cara Keenan represent buyers and sellers in Hills of Lakeway with data-driven pricing, full-scale marketing, and direct access to qualified luxury buyers.
Source: Keenan Group at Compass Real Estate, Austin TX
Luxury Buyer Fit Snapshot
Compare Hills of Lakeway on price, schools, and lifestyle access before scheduling private tours.
Buyer Fit
Best for buyers evaluating current inventory depth and value pockets in Hills of Lakeway.
Lifestyle Fit
Lake Travis ISD (78738) helps anchor school-driven search and day-to-day livability.
Keenan Group Authority
- ZIP codes
- 78738
- School district
- Lake Travis ISD
- Active listings
- 14 active listings
What is Hills of Lakeway like?
Hills of Lakeway (The Hills) is a golf community in the 78738 ZIP code, west of Austin near Lakeway, built around a Jack Nicklaus-designed course. In the 12 months to October 16, 2026, 51 homes sold in Hills of Lakeway at a median price of $950K and a median of $286 per square foot, based on MLS closed sales; 14 homes are listed for sale now. Homes sold here most often list Lakeway Elementary, Hudson Bend Middle School and Lake Travis High School in Lake Travis ISD; Niche grades Lake Travis High School A+ as of October 6, 2026. Assignment depends on the address.
As of · Austin MLS (ACTRIS)
Hills of Lakeway homes for sale
- Semi-private golf community in Lakeway, 78738, 25-35 minutes from downtown
- Lake Travis ISD: Lake Travis Elementary, Lake Travis Middle, Lake Travis High School
Source: Written by Joe and Cara Keenan - 25+ years selling homes in the Lakeway and Lake Travis corridor.
Trailing 12 months ending October 16, 2026 · Keenan Luxury Market Index, MLS closed sales
Map & Boundary
Hills of Lakeway Neighborhood Map
Active Listings
Hills of Lakeway homes for sale, clubs, and schools
Why Buyers Choose Hills of Lakeway
Hills of Lakeway is where the golf community lifestyle meets an accessible price point. For buyers who want golf, swim, and tennis amenities with Lake Travis ISD schools without crossing into seven-figure territory, The Hills delivers.
The housing stock is diverse - from 1980s-era original homes to 2000s construction and some recent renovations. Homes range from 1,500 to 4,000+ square feet, with a mix of patio homes, single-family detached, and larger estate-style properties. The variety of housing types and price points makes the community accessible to a wide range of buyers, including move-up buyers.
- Jack Nicklaus-designed 18-hole course is the community anchor. The course is semi-private, meaning non-residents can also play, but residents get priority tee times and membership rates.
- Swim center and tennis facility provide year-round recreation beyond golf. The swim center is a primary draw during Austin's long summers.
- Lake Travis ISD schools serve the community. The school path includes Lake Travis Elementary, Lake Travis Middle, and Lake Travis High School.
Current Hills of Lakeway Market Data
In the 12 months ending October 16, 2026, 51 homes sold in Hills of Lakeway at a median price of $950K, with a median of 42 days on market and a median of $286 per square foot (Keenan Luxury Market Index, from MLS closed sales).
As of October 16, 2026, Hills of Lakeway had 14 active and 2 pending listings, with 3.3 months of supply and a 96% sale-to-list ratio in the 12 months ending October 16, 2026.
- Median sale price, 12 months ending October 16, 2026: $950K
- Closed sales, 12 months ending October 16, 2026: 51
- Active listings as of October 16, 2026: 14
- Product filter: Single Family Residence only
- Price bands: review the live comp set by property type, lot, condition, and street-level position
Daily Geography in Hills of Lakeway
Hills of Lakeway is located in central Lakeway off FM 620 and Hills Drive. The community sits within easy reach of Lakeway's commercial corridor and Bee Cave's retail infrastructure.
Daily life runs through the FM 620 and Highway 71 corridors. H-E-B, restaurants, and medical offices are within 5-10 minutes along FM 620 and Lakeway Boulevard.
- Downtown Austin: 25-35 minutes via Highway 71 or FM 620; 40+ during peak hours.
- Lakeway commercial (FM 620 corridor): 5 minutes for grocery, dining, and services.
- Bee Cave / Hill Country Galleria: 10-15 minutes east.
- Austin-Bergstrom Airport: 35-45 minutes via Highway 71 to 130 Toll.
- Lake Travis boat ramps: 10-15 minutes.
- Westlake Hills: 20-25 minutes via FM 620.
Local Anchors That Shape the Community
Hills of Lakeway is anchored by its own amenity infrastructure - the golf course, swim center, and tennis facility create a self-contained social world within the community. Residents who join the club find that their daily recreation, social events, and many meals happen within the neighborhood.
- Jack Nicklaus golf course: The 18-hole course is the primary draw and social anchor. Regular tournaments, leagues, and social golf keep the community active year-round.
- Swim center: The pool complex is a community anchor from May through September and a major selling point for buyers.
- Tennis facility: Multiple courts with organized leagues, clinics, and social play.
- Lakeway commercial corridor: The FM 620 shopping and dining area serves daily needs within a 5-minute drive.
- Lake Travis ISD schools: School activities and sports connect Hills of Lakeway residents to the broader community.
- Lakeway City Park: The municipal park with playground, seasonal pool, and event space is nearby and supplements the community's own amenities.
The growth happening around Lakeway - new retail, restaurants, and medical facilities - benefits Hills of Lakeway residents without increasing density within the community itself. The neighborhood is built out, so the value proposition is the existing amenity package and the improving surrounding infrastructure.
How Hills of Lakeway Compares to Nearby Alternatives
Hills of Lakeway buyers compare with Lakeway general market, Canyon Ranch, Sweetwater, and Flintrock Falls. The decision usually comes down to amenity preferences and renovation tolerance.
- Completely different price tiers, but both offer golf community living in Lakeway.
- Compared with Lakeway Resort area: The Lakeway Resort has its own courses (Live Oak, Yaupon) and a resort atmosphere. The Hills offers a more residential feel with a standalone course and lower prices.
- Choose The Hills for golf; Sweetwater for newer homes and community programming.
- Compared with Canyon Ranch: Canyon Ranch has similar pricing without golf course amenities. The Hills charges club dues but delivers the course, swim, and tennis infrastructure that Canyon Ranch lacks.
Quick Answers About Hills of Lakeway
Hills of Lakeway is 25-35 minutes from downtown Austin via Highway 71 or FM 620 during off-peak hours. During rush hour, the commute can stretch to 40+ minutes. Lakeway commercial areas are 5 minutes away, and Bee Cave is 10-15 minutes east.
Hills of Lakeway is served by Lake Travis ISD. Students attend Lake Travis Elementary, Lake Travis Middle School, and Lake Travis High School. Lake Travis ISD consistently ranks among the top school districts in the Austin metro.
The Hills of Lakeway features a Jack Nicklaus-designed 18-hole course. It is a semi-private facility, meaning residents get priority access and membership rates, but the course is also open to public play.
Both are golf communities in the Lakeway area served by Lake Travis ISD. Flintrock Falls is a gated enclave built around a private course co-designed by Jack Nicklaus and Jack Nicklaus II. Hills of Lakeway is a larger, more varied community with homes across a wider price range. Compare recent sales in each before you choose.
The Keenan Group is the #1 Austin Board of Realtors Team (2024) with 25+ years selling in the Lakeway corridor. With $1B+ in career sales and deep knowledge of The Hills' construction history, we help buyers identify renovation opportunities and avoid costly surprises. Contact us at (512) 415-7653.
The Keenan Group at Compass is the #1 ranked team by the Austin Board of Realtors (2024) with 25+ years serving Hills of Lakeway. Joe and Cara Keenan have completed 1,000+ career transactions and $1B+ in career sales volume, with deep expertise in Hills of Lakeway pricing, schools, and market dynamics. Contact Keenan Group for a confidential consultation: (512) 415-7653.
To list your home in Hills of Lakeway, start with the Keenan Group - Austin's #1 Board of Realtors team (2024). The process: a pricing analysis built on live Hills of Lakeway market data and recent sales, a full marketing plan (professional media, the Compass network, and our private-exclusive channel), and negotiation through closing. Keenan Group's median days on market is 13, including off-market, private, and pocket sales that close at zero days on market. Contact the Keenan Group to list your home: (512) 415-7653.
The Keenan Group at Compass is the #1 ranked team by the Austin Board of Realtors (2024) and a luxury listing specialist in Hills of Lakeway - 25+ years, 1,000+ homes sold, and $1B+ in career volume. Joe and Cara Keenan represent sellers with data-driven pricing, full-scale marketing, and direct access to qualified luxury buyers. Contact the Keenan Group: (512) 415-7653.
In the 12 months ending October 16, 2026, 51 homes sold in Hills of Lakeway at a median price of $950K (Keenan Luxury Market Index, from MLS closed sales). Prices range significantly by product type, size, condition, floor plan, and proximity to amenities. For price bands, sales-through, and a property-specific valuation, contact the Keenan Group for a market brief.
Hills of Lakeway is a residential neighborhood in Austin, Texas (ZIP 78738) known for Lake Travis ISD school context, established tree canopy, and proximity to downtown Austin. Hills of Lakeway attracts buyers who value address-level school verification, central location, and neighborhood character. The Keenan Group has served Hills of Lakeway buyers and sellers for 25+ years.
In the 12 months ending October 16, 2026, 51 homes sold in Hills of Lakeway at a median price of $950K (Keenan Luxury Market Index, from MLS closed sales). Use it as neighborhood context, then request a tailored market brief for current pricing, inventory, price bands, and recent sales.
Hills of Lakeway is primarily served by 78738. We can confirm the exact ZIP code for any property.
Hills of Lakeway is primarily served by Lake Travis ISD. We verify school boundaries and campus assignments for each address.
As of October 16, 2026, Hills of Lakeway had 14 active listings (Keenan Luxury Market Index, from MLS data). Inventory changes daily, so contact us for live availability.
Hills of Lakeway benefits from Austin's strong job market, population growth, and limited land supply. In the 12 months ending October 16, 2026, 51 homes sold in Hills of Lakeway at a median price of $950K (Keenan Luxury Market Index, from MLS closed sales). Contact Keenan Group for a detailed investment analysis with appreciation data, rental yield estimates, and comparable sales.
Best Restaurants Near Hills of Lakeway
Where Hills of Lakeway buyers and residents actually eat - from date night to weeknight favorites.
| Name | Cuisine / Type | Price | Highlights | Last verified |
|---|---|---|---|---|
| Brazilian Steakhouse | $$$ |
| 2026-03-27 | |
| Wine Bar / American | $$$ |
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| Mexican | $$ |
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| American / Southwestern | $$$ |
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| Seafood / Coastal | $$$ |
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| Steakhouse | $$$$ |
| 2026-03-27 | |
| Japanese / Sushi | $$ |
| 2026-03-27 | |
| Indian | $$ |
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| American Gastropub | $$ |
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| Mexican | $$ |
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| Breakfast / Brunch | $$ |
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| American Fusion | $$$ |
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| Japanese / Chinese | $$ |
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| Tex-Mex / American | $$ |
| 2026-03-27 |
Best Trails & Outdoor Spots Near Hills of Lakeway
Trails and outdoor activities that buyers and locals ask about most.
| Name | Highlights |
|---|---|
Hamilton Greenbelt |
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Canyonlands Nature Preserve |
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Lakeway City Park Trail |
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River Place Nature Trail |
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Pace Bend Park |
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Flintrock Falls Golf Course Trails |
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Turkey Creek Trail |
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Things To Do Near Hills of Lakeway
Family favorites, date night ideas, and local experiences close to the neighborhood.
| Name | Highlights |
|---|---|
The Hills Country Club Golf |
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World of Tennis Sports Complex |
|
Hills Community Pools & Aquatics |
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Lake Travis Water Sports |
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Lake Travis Zipline Adventures |
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Lakeway Resort & Spa |
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Hill Country Galleria |
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Lakeway Activity Center |
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Mansfield Dam Park |
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Hills of Lakeway Support Pages
Hills of Lakeway Homes for Sale
Browse active listings in Hills of Lakeway with photos, pricing, and open house schedules.
78738 ZIP Guide
Demographics, schools, walkability, and community profile for ZIP 78738.
Lake Travis ISD
School ratings, enrollment data, and campus profiles for Lake Travis ISD.
Our Results
1,000+ homes sold over our career. See our track record and client results.
How Hills of Lakeway Compares
Side-by-side comparison with similar Austin neighborhoods based on price range, school district, and location.
| Neighborhood | Median Price | Active Listings | Guide |
|---|---|---|---|
Hills of LakewayCurrent | $950K | 14 | You're here |
| $3.65M | 9 | View Guide | |
| $2.13M | 7 | View Guide | |
| $970K | 44 | View Guide | |
| $689K | 34 | View Guide |
Median sale price, trailing 12 months ending October 16, 2026 · Keenan Luxury Market Index, MLS closed sales. Contact Keenan Group for a personalized comparison.
Neighborhood listings
Hills of Lakeway Real Estate Market
| Metric | Hills of Lakeway | Lakeway |
|---|---|---|
| Median Sold Price (12M) | $950K | $750K |
| Median Days on Market | 42 days | 54 days |
| Sale-to-List Ratio | 96.2% | 94.6% |
| Median $/sqft (typical home) | $286 | $284 |
| Active Listings | 14 | 90 |
| Homes Sold (12M) | 51 | 214 |
| Months of Supply | 3.3 | 5.0 |
Data as of . Source: Keenan Group at Compass Real Estate, Austin MLS (ACTRIS). Lakeway reflects closed sales within its city limits over the trailing 12 months.
How Hills of Lakeway Compares
| Neighborhood | Median Price | School District | ZIP | Active Listings |
|---|---|---|---|---|
| Hills of Lakeway (you are here) | $950K | Lake Travis ISD | 78738 | 14 |
| Spanish Oaks | $3.65M | Lake Travis ISD | 78738 | 9 |
| Belvedere | $2.13M | Lake Travis ISD | 78738 | 7 |
| Rough Hollow | $970K | Lake Travis ISD | 78738 | 44 |
| Sweetwater | $689K | Lake Travis ISD | 78738 | 34 |
Median sale price, trailing 12 months ending October 16, 2026 · Keenan Luxury Market Index, MLS closed sales
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