Loading
Loading
Austin Neighborhood Guide
Hills of Lakeway homes for sale in 78734. Lake Travis ISD, Jack Nicklaus golf course, swim and tennis. $563K median. Austin's #1 team.
Hills of Lakeway in 78734 has a median home price around $574K. Zoned to Lake Travis ISD. 15 listings currently available. Keenan Group - #1 Austin team, 25+ years, 1,000+ transactions.
Source: Keenan Group at Compass Real Estate, Austin TX
Luxury Buyer Fit Snapshot
Buyer Fit
Best for buyers targeting $574K+ opportunities in Hills of Lakeway.
Real experiences from buyers and sellers in this neighborhood

We retired from the Bay Area and wanted a golf community that didn't feel pretentious. Cara showed us The Hills, Spanish Oaks, and Barton Creek. The Hills hit the sweet spot — serious golf without the $200K initiation fee. Cara was honest about the trade-offs. The homes are a bit older than Spanish Oaks and the finishes aren't as high-end, but the value is there and the community is welcoming. We joined the Signature membership and play Flintrock three times a week.
K. Dubois
We were split between The Hills and Rough Hollow. Cara laid out the differences clearly — The Hills has two golf courses and more of a resort community feel, while Rough Hollow has the marina and newer construction. We went with The Hills because of the Flintrock Falls course and the fact that the HOA fees were lower. Cara also pointed out that The Hills has better freeway access if you commute to Austin regularly. That detail sealed it.
Lifestyle Fit
Lake Travis ISD (78734) helps anchor school-driven search and day-to-day livability.
Seller Fit
15 active listings means pricing precision and premium positioning matter for faster offer quality.
Keenan Group Authority
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 with Lake Travis ISD. Flintrock Falls is a private, gated community with a Tom Fazio course and a $7.25M median. Hills of Lakeway has a semi-private Jack Nicklaus course and a $563K median. The Hills is more accessible; Flintrock is ultra-luxury.
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. Their 8-person team includes specialists in residential sales, relocation, and new construction. Contact Keenan Group for a confidential consultation: (512) 415-7653.
Current live MLS market data for Hills of Lakeway shows median pricing around $574,250. Prices range significantly by product type, size, condition, floor plan, and proximity to amenities. For exact median price, 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 78734) known for Lake Travis ISD school context, established tree canopy, and proximity to downtown Austin. Current market data shows median pricing around $574,250, and pricing should be reviewed by price band, property type, and recent sales. Hills of Lakeway attracts families, professionals, and executives 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.
| Metric | Hills of Lakeway | Lakeway Average |
|---|---|---|
| Median Sold Price (12M) | $574K | $1.06M |
| Avg Days on Market | 80 days | 81 days |
| Sale-to-List Ratio | 96.4% | 90.8% |
| Price per Sq Ft | $276 | $295 |
| Active Listings | 15 | 89 |
| Homes Sold (12M) | 20 | 12 |
| Months of Supply | 9.0 | 89.0 |
Data as of . Source: Keenan Group at Compass Real Estate, Austin MLS (ACTRIS). Benchmark reflects the citywide market cohort labeled above.
School district: Lake Travis ISD
| School | Type | Grades | Rating | Distance |
|---|---|---|---|---|
| Lakeway Elementary School | Regular | KG-5 | A- | 0.4 mi |
| Lake Travis High School | Regular | 9-12 | A | 1.5 mi |
| Serene Hills Elementary School | Regular | PK-5 | A+ | 1.6 mi |
| The Magnolia School | Alternative/Other | PK-8 | — | 2.1 mi |
| Lake Travis Elementary School | Regular | PK-5 | C+ | 2.1 mi |
| Lupine Lane | Early Childhood Program/Child Care Center | PK-TKG | — | 2.2 mi |
| The Preparatory School of Bee Cave | Early Childhood Program/Child Care Center | KG-KG | — |
Source: ATTOM Data, U.S. Census. Reported at the neighborhood/community level.
| Neighborhood | Median Price | School District | ZIP | Active Listings |
|---|---|---|---|---|
| Hills of Lakeway (you are here) | $574K | Lake Travis ISD | 78734 | 15 |
| Lakeway | $980K | Lake Travis ISD | 78734 | 142 |
| Rough Hollow | $905K | Lake Travis ISD | 78738 | 49 |
| Sweetwater | $690K | Lake Travis ISD | 78738 | 27 |
| Bee Cave | $895K | Lake Travis ISD | 78738 | 20 |
Last updated
S. Adams
Joe helped us sell our Hills of Lakeway villa when we decided to move to a larger home in the same community. He understood that selling within the same HOA required some finesse — pricing to attract new buyers without undercutting our own future purchase. He timed both transactions so we could close on the sale and the purchase within a week of each other. That coordination saved us from needing temporary housing.
R. Coleman
District guides, ratings, and school-zone pricing impact

A semi-private golf community in 78734 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.
Hills of Lakeway (also known as The Hills) is a semi-private golf community in Lakeway, 78734, about 25-35 minutes west of downtown Austin. The community features a Jack Nicklaus-designed 18-hole golf course, swim center, tennis facility, and a range of single-family homes. The community is served by Lake Travis ISD. Current market context: median sold price $574K, 15 active listings, and 20 trailing-12-month closed sales.
Source: Written by Joe and Cara Keenan — 25+ years selling homes in the Lakeway and Lake Travis corridor.
Map & Boundary
Active Listings
15
Hills of Lakeway is where the golf community lifestyle meets an accessible price point. At a $563K median, it is the most affordable way to live on a Nicklaus-designed course in the Austin metro. 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 retirees, young families, and move-up buyers.
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 | |
Trails and outdoor activities that buyers and locals ask about most.
| Name | Highlights |
|---|---|
Hamilton Greenbelt |
|
Canyonlands Nature Preserve |
|
Family favorites, date night ideas, and local experiences close to the neighborhood.
| Name | Highlights |
|---|---|
The Hills Country Club Golf |
|
World of Tennis Sports Complex |
|
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 | $574K | 15 | You're here |
| $980K | 142 | View Guide | |
| $905K | 49 | View Guide | |
| $690K | 27 | View Guide | |
| $895K | 20 | View Guide |
Prices based on trailing 12-month polygon-based market data. Contact Keenan Group for a personalized comparison.
12 transactions totaling $6.52M | Avg list price $543K
| Address | List Price |
|---|---|
| 14709 Longbranch Dr | $525K |
| 15101 S Flamingo Dr | $699K |
| 208 Darwins Way | $600K |
| 14 GREEN TERRACE Cv | $400K |
The live Hills of Lakeway MLS market snapshot shows a median sold price of $574K, 15 active listings, 80 days average days on market, and $276 average sold price per square foot, based on 20 closed sales in the trailing 12-month market dataset.
Sales-through should be read with inventory and pricing together: 20 trailing-12-month closed sales, 2 pending listings, 9.0 months of supply, and a 96% sale-to-list ratio.
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.
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.
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.
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.
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 with Lake Travis ISD. Flintrock Falls is a private, gated community with a Tom Fazio course and a $7.25M median. Hills of Lakeway has a semi-private Jack Nicklaus course and a $563K median. The Hills is more accessible; Flintrock is ultra-luxury.
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. Their 8-person team includes specialists in residential sales, relocation, and new construction. Contact Keenan Group for a confidential consultation: (512) 415-7653.
Current live MLS market data for Hills of Lakeway shows median pricing around $574,250. Prices range significantly by product type, size, condition, floor plan, and proximity to amenities. For exact median price, 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 78734) known for Lake Travis ISD school context, established tree canopy, and proximity to downtown Austin. Current market data shows median pricing around $574,250, and pricing should be reviewed by price band, property type, and recent sales. Hills of Lakeway attracts families, professionals, and executives 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.
| Wine Bar / American |
| $$$ |
|
| 2026-03-27 |
| Mexican | $$ |
| 2026-03-27 |
| American / Southwestern | $$$ |
| 2026-03-27 |
| Seafood / Coastal | $$$ |
| 2026-03-27 |
| Steakhouse | $$$$ |
| 2026-03-27 |
| Japanese / Sushi | $$ |
| 2026-03-27 |
| Indian | $$ |
| 2026-03-27 |
| American Gastropub | $$ |
| 2026-03-27 |
| Mexican | $$ |
| 2026-03-27 |
| Breakfast / Brunch | $$ |
| 2026-03-27 |
| American Fusion | $$$ |
| 2026-03-27 |
| Japanese / Chinese | $$ |
| 2026-03-27 |
| Tex-Mex / American | $$ |
| 2026-03-27 |
|
River Place Nature Trail |
|
Pace Bend Park |
|
Flintrock Falls Golf Course Trails |
|
Turkey Creek Trail |
|
Hills Community Pools & Aquatics |
|
Lake Travis Water Sports |
|
Lake Travis Zipline Adventures |
|
Lakeway Resort & Spa |
|
Hill Country Galleria |
|
Lakeway Activity Center |
|
Mansfield Dam Park |
|
| 2.7 mi |
| Bee Cave Elementary School | Regular | KG-5 | A- | 2.8 mi |
| 103 Morning Cloud Cv | $485K |
| 205 Copperleaf Rd | $420K |
Showing 6 of 12 sales in Hills of Lakeway. View all
Browse current listings in Hills of Lakeway. Updated daily from Austin MLS.

Lakeway, TX 78738
Hills Lakeway Ph 04
MLS# 7336394 • Courtesy of ACTRIS
$2,695,000
$461/sqft

Horseshoe Bay, TX 78657
The Hills
MLS# 7538861 • Courtesy of ACTRIS
$1,998,000
$500/sqft

Blanco, TX 78606
The Hills of Madrone Ranch
MLS# 7975021 • Courtesy of ACTRIS
$1,675,000
$1,396/sqft

Blanco, TX 78606
The Hills of Madrone Ranch
MLS# 6879106 • Courtesy of ACTRIS
$1,675,000
$1,396/sqft

The Hills, TX 78738
Hills Lakeway Ph 08
MLS# 2529926 • Courtesy of ACTRIS
$1,650,000
$404/sqft

Horseshoe Bay, TX 78657
The Hills
MLS# 3031115 • Courtesy of ACTRIS
$1,650,000
$478/sqft

The Hills, TX 78738
Hills Lakeway Ph 02
MLS# 4582595 • Courtesy of ACTRIS
$1,625,000
$353/sqft

The Hills, TX 78738
The Hills of Lakeway
MLS# 7904087 • Courtesy of ACTRIS
$1,599,000
$452/sqft