40 Tournament Way Unit H40 the Hills, TX 78738
Estimated Value: $397,000 - $410,582
2
Beds
2
Baths
1,432
Sq Ft
$300/mo
HOA Fee
Highlights
- On Golf Course
- Fitness Center
- Open Floorplan
- Lakeway Elementary School Rated A-
- 24-Hour Security
- Lock-and-Leave Community
About This Home
As of March 2022Nestled in the Texas Hill Country, this rare, end unit in the Golf Cottages, is in the exclusive gated luxury community of The Hills. This home is perfectly positioned on the Golf Course, right in the heart of award winning Lakeway. It is home to The Hills Signature Golf Course designed personally by Jack Nicklaus. The openness and flow of this floor plan makes it wonderful for daily function or a great weekend getaway with friends & family. The living room features hardwood floors, a fireplace, openness to the kitchen and dining, along with
double doors that open to the outdoor living space. This back patio is perfect to enjoy a morning cup of coffee, while amongst nature or a cool, evening beverage to relax after a long day of playing golf. The master suite is spacious with bay window seating to cozy up with a book
and a view. The master suite also has a walk-in closet and a dual vanity. This split floor-plan also has a guest bedroom with a walk-in closet.
40 Tournament Way is a wonderful and cozy home that has been well loved, and is ready to move to it’s next chapter with your personal touches and updates. This location is convenient to the Hills Club House, offers all the modern conveniences within the Hill Country. With this home only 10 minutes from the Hill Country Galleria & less than 30 minutes to Downtown Austin, you still get to enjoy the big, Texas sky of the Hill country. This is truly the best of both worlds!
In the exemplary Lake Travis Independent School District, this community offers great benefits of a community pool and is within walking distance to clubhouse, gym, playground, fishing pond & jogging trails. Also convenient to the beloved World of Tennis complex. HOA fees are $300 monthly plus $950 POA fees annually plus $220 per month new roof assessment.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,693
Year Built
- Built in 1984
Lot Details
- On Golf Course
- End Unit
- North Facing Home
- Landscaped
- Open Lot
- Few Trees
HOA Fees
- $300 Monthly HOA Fees
Parking
- 2 Car Garage
- Front Facing Garage
- Garage Door Opener
- Golf Cart Garage
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,432 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Insulated Windows
- Living Room with Fireplace
- Golf Course Views
- Laundry in Kitchen
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Double Vanity
Accessible Home Design
- Accessible Full Bathroom
- Accessible Kitchen
- Accessible Doors
Schools
- Lakeway Elementary School
- Lake Travis Middle School
- Lake Travis High School
Utilities
- Central Heating and Cooling System
- Municipal Utilities District for Water and Sewer
- High Speed Internet
- Cable TV Available
Additional Features
- Rear Porch
- Property is near a golf course
Listing and Financial Details
- Down Payment Assistance Available
- Legal Lot and Block 40 / H
- Assessor Parcel Number 01358006310007
- 2% Total Tax Rate
Community Details
Overview
- Association fees include common area maintenance, insurance
- The Hills Poa
- Visit Association Website
- Golf Cottages Of Academy Place Subdivision
- Lock-and-Leave Community
- Mandatory home owners association
- The community has rules related to deed restrictions
Amenities
- Common Area
- Restaurant
- Clubhouse
- Planned Social Activities
Recreation
- Golf Course Community
- Tennis Courts
- Community Playground
- Fitness Center
- Community Pool
- Putting Green
- Park
- Trails
Security
- 24-Hour Security
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2022
Closed on
Mar 18, 2022
Sold by
Parker James H and Parker Jane A
Bought by
Meares Cheryl and Meares Marvin Neal
Seller's Agent
Chris Kappmeyer
All Hands Real Estate
Buyer's Agent
Angela Schneider
Sweets Real Estate
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,209
Avg. Annual Appreciation
-4.88%
Original Mortgage
$384,000
Outstanding Balance
$363,731
Interest Rate
3.69%
Mortgage Type
Balloon
Estimated Equity
$45,909
Purchase Details
Closed on
May 12, 2015
Sold by
Hewgley James M and Hewgley Anne M
Bought by
The James & Anne Hewgley Trust
Purchase Details
Closed on
Mar 30, 2012
Sold by
Ravenscroft William and Ravenscroft Melisa
Bought by
Hewgley James M and Hewgley Anne M
Purchase Details
Closed on
Oct 20, 2006
Sold by
Bump Milo C and Bump Charlotte B
Bought by
Parker James H and Parker Jane A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Meares Cheryl | -- | Green Kristen | |
| The James & Anne Hewgley Trust | -- | None Available | |
| Hewgley James M | -- | First American Title | |
| Hewgley James H | -- | First American Title | |
| Parker James H | -- | Itc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Meares Cheryl | $384,000 | |
| Previous Owner | Parker James H | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2022 03/18/22 | Sold | -- | -- | -- |
| 02/15/2022 02/15/22 | Pending | -- | -- | -- |
| 02/07/2022 02/07/22 | For Sale | $475,000 | -- | $332 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $3,824 | $437,071 | $294 | $436,777 |
| 2022 | $9,336 | $447,473 | $294 | $447,179 |
| 2021 | $4,693 | $213,159 | $29,378 | $183,781 |
| 2020 | $5,449 | $219,982 | $29,378 | $190,604 |
| 2018 | $6,181 | $261,478 | $29,378 | $232,100 |
| 2017 | $5,812 | $241,780 | $29,378 | $212,402 |
| 2016 | $4,967 | $206,619 | $29,378 | $177,241 |
| 2015 | $4,706 | $187,105 | $29,378 | $157,727 |
| 2014 | $4,706 | $189,286 | $29,378 | $159,908 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Kappmeyer
Seller's Agent in 2022
Chris Kappmeyer
All Hands Real Estate
(512) 426-1937
2 in this area
56 Total Sales
-
Angela Schneider
A
Buyer's Agent in 2022
Angela Schneider
Sweets Real Estate
2 in this area
9 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 3994173
APN: 133109
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