$288,000
RENTED MAR 9, 2025

5 Tournament Way Unit 1 the Hills, TX 78738

1 Bed
1 Bath
630 Sq Ft
2,047 Sq Ft Lot

Last Sold August 09, 2023

Current estimated payment $1,896/month

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Lock-and-Leave Community
  • Lakeway Elementary School Rated A-
  • Golf Course View
  • Wooded Lot

About This Home

As of March 2025

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!

Last Agent to Rent the Property

Stephanie Ray

Next Door Realty LLC Brokerage Phone: (713) 534-3412 License #0652731 Listed on: 01/09/2025

Last Renter's Agent

Kimberly Young

Berkshire Hathaway TX Realty License #0607497

Berkshire Hathaway TX Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,071

Year Built

  • Built in 1982

Lot Details

  • West Facing Home
  • Wooded Lot
  • Dense Growth Of Small Trees

Parking

  • 1 Car Garage
  • Parking Lot

Property Views

  • Golf Course
  • Woods

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 630 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Electric Fireplace
  • Aluminum Window Frames
  • Living Room
  • Storage Room
  • Washer and Dryer

Kitchen

  • Galley Kitchen
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom
  • Walk-in Shower

Home Security

Schools

  • Lakeway Elementary School
  • Hudson Bend Middle School
  • Lake Travis High School

Utilities

  • Central Heating and Cooling System
  • Municipal Utilities District for Water and Sewer
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Property is near a golf course

Listing and Financial Details

  • Security Deposit $1,500
  • Tenant pays for cable TV
  • The owner pays for association fees, electricity, HVAC maintenance, internet, sewer, taxes, trash collection, water
  • $40 Application Fee
  • Assessor Parcel Number 01357803130011
  • Tax Block A

Community Details

Overview

  • Property has a Home Owners Association
  • 12 Units
  • Guest Quarters Of Academy Plac Subdivision
  • Lock-and-Leave Community

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Common Area
  • Restaurant
  • Community Mailbox

Recreation

  • Golf Course Community
  • Community Playground
  • Community Pool
  • Park
  • Dog Park
  • Trails

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $250
  • Dogs and Cats Allowed
  • Medium pets allowed

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,071

Year Built

Built in 1982

Lot Details

0

Parking

1

Rental Info

  • Furnished: Furnished
  • Owner Pays: Association Fees, Electricity, HVAC Maintenance, Internet, Sewer, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, See Remarks
  • Pets Allowed: Cats OK, Dogs OK, Small (< 20 lbs), Medium (< 35 lbs), Number Limit, Size Limit, Negotiable
  • Available Date: 2025-01-13
  • App Deposit Payable To: Rayville LLC
  • App Fee Payable To: MySmartMove.com
  • Application Fee: 40
  • Application Policy: First Qualified Application
  • Application Required: See Online App
  • First Month Rent Payable To: Owner
  • Max Numof Pets: 1
  • Monthly Pet Rent: 0
  • Pet Deposit: 250
  • Max Lease Months: 24
  • Online App Instructions: https://apply.link/RiuNa8Y
  • Online App Instructions Public: https://apply.link/RiuNa8Y
  • App Delivery To: N/A - See remarks

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1982
  • Direction Faces: West
  • Directions: Head down State Highway 71 West, Turn right onto Ranch Rd 620 E, Turn left onto Lohmans Crossing Rd, Turn left onto Wingreen Loop, Turn right onto The Hills Dr, Turn left onto Club Estates Pkwy, Keep right on Club Estates Parkway, Turn right onto Tournament Way, Take your first left on Tourney Lane, There will be a parking lot on your left right after your turn. You may park in any open space or under #1 Covered parking spot during your scheduled showing.
  • Disclosures: Owner/Agent
  • Fencing: None
  • Fireplaces: 1
  • Garage Spaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Lease Term: See Remarks
  • Levels: One
  • Living Area: 630
  • Other Structures: None
  • Attribution Contact: (713) 534-3412
  • Attribution Contact: (713) 534-3412
  • ETJ Extra Territorial Jurdn: Yes
  • FEMA Flood Plain: Yes-500 yr
  • Unit Style: 1st Floor Entry,Single level Floor Plan,End Unit,Entry Steps,Neighbor Above
  • Complex Name: GUEST QUARTERS OF ACADEMY PLACE
  • Smoking Inside YN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Speed Internet, No Interior Steps, Primary Bedroom on Main, Storage, Walk-In Closet(s)
  • View: Golf Course, Trees/Woods, See Remarks
  • Flooring: Laminate, Tile
  • Fireplace Features: Electric
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Electric Oven, Refrigerator, Washer, Washer/Dryer, Electric Water Heater
  • Main Level Bedrooms: 1
  • Security Features: Gated with Guard, Smoke Detector(s)
  • Spa Features: None
  • Window Features: Aluminum Frames
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Unit,Inside,Laundry Closet,Main Level
  • Num Dining: 1
  • Num Living: 1
  • Appliances Maintained: None
  • Min Lease Months: 6
  • Num Guest Beds: 0

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Exterior Steps
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: Covered, Front Porch, Patio, Porch, Rear Porch
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Covered, Parking Lot
  • Total Parking Spaces: 2

Utilities

  • Sewer: MUD
  • Utilities: Electricity Connected, Other, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Water Source: MUD
  • Cooling: Central Air, Electric

Association/Amenities

  • Association: Yes
  • Community Features: BBQ Pit/Grill, Cluster Mailbox, Common Grounds, Dog Park, Gated, Golf, Lock and Leave, Park, Picnic Area, Playground, Pool, Restaurant, Sidewalks, Trail(s), See Remarks

Condo/Co-op/Association

  • Community Web Site: https://www.villageofthehills.org/
  • Managed By: Owner

Schools

  • Elementary School: Lakeway
  • High School: Lake Travis
  • Middle/Junior School: Hudson Bend
  • Junior High Dist: Lake Travis ISD

Lot Info

  • Lot Features: Near Golf Course, Trees-Medium (20 Ft - 40 Ft), Trees-Small (Under 20 Ft)
  • Parcel Number: 01357803130011
  • Lot Size Acres: 0.047
  • Lot Size Sq Ft: 2047.32
  • Subdivision Name: Guest Quarters Of Academy Plac

Building Info

  • Construction Materials: Brick, Wood Siding
  • New Construction: No

Multi Family

  • Number Of Units Total: 12

Tax Info

  • Tax Block: A
  • Tax Map Number: 1
  • Tax Filled Sqft Total: 630

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
Views
87
Current Estimated Value
$288,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.44%

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

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%

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%
Source: Public Records

Range of Values:

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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
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
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 $4,071 $191,297 $164 $191,133
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

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6704238

Unlock MLS (Austin Board of REALTORS®)

APN: 132981