NOT LISTED FOR SALE

40 Tournament Way Unit H40 the Hills, TX 78738

Estimated Value: $300,011 - $499,000

2 Beds
2 Baths
1,432 Sq Ft
$300/mo HOA Fee

Last Sold March 18, 2022

Current estimated payment $2,752/month

8 Days on Market

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 2022

Nestled 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.

Last Agent to Sell the Property

Chris Kappmeyer

All Hands Real Estate License #0385925 Listed on: 02/07/2022

Last Buyer's Agent

Angela Schneider

Sweets Real Estate License #0581012

Sweets Real Estate

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,693

Year Built

Built in 1984

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: 1st Floor Entry, Single level Floor Plan, End Unit
  • Restrictions: Deed Restrictions
  • Year Built: 1984
  • Additional Parcels: No
  • Direction Faces: North
  • Directions: from Lohman's crossing, left on Wintergreen, right on Hills Drive, left on Club Estates, right on Tournament Way
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 4693.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Fireplaces: 1
  • Garage Spaces: 2.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1432.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: Double Vanity, Open Floorplan, Primary Bedroom on Main, Walk-In Closet(s)
  • Laundry Location: In Kitchen
  • View: Golf Course
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Living Room
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: Central Living Area, Accessible Doors, Accessible Full Bath, Accessible Kitchen
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: 24 Hour Security, Gated with Guard
  • Window Features: Insulated Windows

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: See Remarks
  • Roof: Composition, Shingle
  • Foundation: Slab
  • Patio And Porch Features: Rear Porch
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Garage, Garage Door Opener, Garage Faces Front, Golf Cart Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Municipal Utility District (MUD)
  • Utilities: Cable Available, Electricity Available
  • Heating: Central
  • Water Source: Municipal Utility District (MUD)
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance
  • Association Fee Frequency: Monthly
  • Association Fee: 300.00
  • Community Web Site: https://www.clubcorp.com/clubs/the-hills-of-lakeway

Association/Amenities

  • Association Name: The Hills POA
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Clubhouse, Common Grounds, Controlled Access, Fitness Center, Gated, Golf Course, High Speed Internet, Lock and Leave, Park, Planned Social Activities, Playground, Pool, Putting Green, Restaurant, Tennis Court(s), Walk/Bike/Hike/Jog Trail(s

Schools

  • School District: Lake Travis ISD
  • Elementary School: Lakeway
  • High School: Lake Travis
  • Middle/Junior School: Lake Travis

Lot Info

  • Lot Features: Backs To Golf Course, Corner Lot, Few Trees, Landscaped, Near Golf Course, Open Lot
  • Parcel Number: 01358006310007
  • Lot Size Acres: 0.0840
  • Lot Size Sq Ft: 3659.04
  • Subdivision Name: Golf Cottages Of Academy Place

Building Info

  • Construction Materials: Brick
  • New Construction: No

Tax Info

  • Tax Block: H
  • Tax Filled Sqft Total: 1387
  • Tax Lot: 40
  • Tax Rate: 2.20148000000000
  • Tax Year: 2021
  • Tax Annual Amount: 4693.00
  • Tax Exemptions: None

Matterport 3D Tour

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
Current Estimated Value
$424,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.22%
Original Mortgage
$384,000
Outstanding Balance
$355,836
Interest Rate
3.69%
Mortgage Type
Balloon
Estimated Equity
$68,667

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Meares Cheryl -- None Listed On Document
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 List to Sale Price per Sq Ft
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

Source: Public Records

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
2025 $2,633 $296,384 $294 $296,090
2023 $2,633 $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

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3994173

Unlock MLS (Austin Board of REALTORS®)

APN: 133109