$269,000
RENTED MAR 9, 2025

5 Tournament Way Unit 1 the Hills, TX 78738

1 Bed
1 Bath
630 Sq Ft
$427 Price per Sq Ft

Last Sold August 09, 2023

Current estimated payment $1,830/month

About This Home

As of August 2023

Welcome to this beautifully renovated 1-bedroom, 1-bathroom condo that is perfectly nestled on the first floor and is an end unit, offering both privacy and convenience. Situated in a tranquil setting surrounded by trees, this cozy retreat boasts a private, covered patio that offers distant views of the driving range at the prestigious, private Hills Signature Golf Course.

Inside, the open floor plan creates a seamless flow between the living, dining, and kitchen areas. Stylishly designed with modern finishes, the interior exudes sophistication and comfort, making it a perfect space to unwind or entertain guests.


The neighborhood is gated and offers an abundance of walking trails and amenities for its residents to enjoy. This unit is conveniently located near The Hills Country Club and the renowned Chophouse restaurant, providing easy access to leisure and fine dining. This condo comes fully furnished, complete with tasteful furniture and décor, and even includes kitchen essentials, PLUS electricity, water, trash/sewer, & internet are covered monthly by the landlord, making your move-in process easy as pie.

Whether you're seeking a full-time residence or a lock & leave retreat to come back and forth to in the Lakeway area, this turn-key condo is ready to welcome you home. Don’t miss this rare opportunity to enjoy a serene lifestyle with a touch of luxury. Schedule your tour today!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Aug 9, 2023
Sold by
Lavery Gregory
Bought by
Rayville Llc
Seller's Agent
Kathleen Lapp
HSB Real Estate, LLC
Buyer's Agent
Stephanie Ray
Next Door Realty LLC
List Price
$360,000
Sold Price
$329,000
Premium/Discount to List
-$31,000
-8.61%
Views
87
Current Estimated Value
$269,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,000
Avg. Annual Appreciation
-10.75%

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 10, 2022
Sold by
Earley Gene E and Earley Barbara
Bought by
Lavery Gregory
Seller's Agent
Sean Oberg
Oberg Properties
Buyer's Agent
Kathleen Lapp
HSB Real Estate, LLC
List Price
$289,000
Sold Price
$260,000
Premium/Discount to List
-$29,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.54%

Purchase Details

Closed on
Sep 27, 2016
Sold by
Sovey Gregory Scott
Bought by
Gregory Scott Sovey Trust

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jun 19, 2015
Sold by
Heller Andrew R and Heller Mary Ann
Bought by
Earley Gene E
Seller's Agent
Eric Paul
All City Real Estate Ltd. Co
Buyer's Agent
Bonnie Butler
Response Realty Advisors, LLC
List Price
$119,900
Sold Price
$116,000
Premium/Discount to List
-$3,900
-3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%

Purchase Details

Closed on
Feb 23, 1994
Sold by
Sullivan Suzanne R
Bought by
Heller Andrew R and Heller Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.94%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Rayville Llc -- Independence Title
Lavery Gregory -- Independence Title
Gregory Scott Sovey Trust -- None Available
Earley Gene E -- Captial Title
Heller Andrew R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heller Andrew R $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2025 03/09/25 Rented $2,750 0.0% --
03/06/2025 03/06/25 Under Contract -- -- --
01/09/2025 01/09/25 For Rent $2,750 0.0% --
08/09/2023 08/09/23 Sold -- -- --
07/26/2023 07/26/23 Pending -- -- --
07/19/2023 07/19/23 Price Changed $339,900 -1.4% $540 / Sq Ft
07/07/2023 07/07/23 Price Changed $344,900 -1.4% $547 / Sq Ft
05/09/2023 05/09/23 Price Changed $349,900 -2.8% $555 / Sq Ft
04/21/2023 04/21/23 For Sale $360,000 +24.6% $571 / Sq Ft
08/10/2022 08/10/22 Sold -- -- --
07/25/2022 07/25/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $289,000 0.0% $459 / Sq Ft
11/17/2021 11/17/21 Rented $1,550 +6.9% --
11/16/2021 11/16/21 Under Contract -- -- --
10/25/2021 10/25/21 Price Changed $1,450 -9.4% $2 / Sq Ft
10/04/2021 10/04/21 For Rent $1,600 +60.0% --
04/16/2018 04/16/18 Rented $1,000 -9.1% --
04/11/2018 04/11/18 Under Contract -- -- --
03/06/2018 03/06/18 For Rent $1,100 0.0% --
05/22/2017 05/22/17 Rented $1,100 0.0% --
05/17/2017 05/17/17 Under Contract -- -- --
04/25/2017 04/25/17 For Rent $1,100 +4.8% --
05/23/2016 05/23/16 Rented $1,050 -8.7% --
05/23/2016 05/23/16 Under Contract -- -- --
04/15/2016 04/15/16 For Rent $1,150 +4.5% --
03/25/2016 03/25/16 Rented $1,100 -18.5% --
03/22/2016 03/22/16 Under Contract -- -- --
01/27/2016 01/27/16 For Rent $1,350 0.0% --
06/19/2015 06/19/15 Sold -- -- --
06/15/2015 06/15/15 For Sale $119,900 0.0% $190 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $119,900 -- $190 / Sq Ft

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
2023 $4,071 $213,945 $164 $213,781
2022 $2,849 $143,433 $164 $143,269
2021 $2,169 $103,194 $16,384 $86,810
2020 $2,593 $109,104 $16,384 $92,720
2018 $2,925 $126,952 $16,384 $110,568
2017 $2,475 $105,586 $16,384 $89,202
2016 $2,353 $100,373 $13,841 $86,532
2015 $2,095 $98,432 $13,841 $84,591
2014 $2,095 $88,021 $13,841 $74,180
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map