Last list price
SOLD AUG 9, 2023
RENTED MAR 9, 2025
5 Tournament Way Unit 1 the Hills, TX 78738
1
Bed
1
Bath
630
Sq Ft
$190/mo
HOA Fee
Highlights
- Golf Course Community
- Gated Community
- Mature Trees
- Lakeway Elementary School Rated A-
- Open Floorplan
- Main Floor Primary Bedroom
About This Home
As of August 2023Looking for a turnkey property that you can use as your home and rent out for extra income? Short term rentals are allowed, giving you the opportunity to use this property as you see fit. This ground floor condo in The Hills is located in a gated community with wonderful amenities and a lush landscape that's as beautiful as it is tranquil, offering the perfect lock and leave lifestyle. The interior has been beautifully updated with modern finishes and tasteful upgrades. The neutral toned walls give the inside an open feel, while the luxury vinyl plank flooring (with cork padding underneath) adds a luxurious touch. The living room features an upgraded fireplace with shiplap and wood mantle for extra warmth and style, as well as large windows that allow for plenty of natural light to shine through. The dining area has a quaint feel that makes it perfect for both casual meals or intimate dinners. This is also where you'll find the laundry closet with a stackable washer, dryer and upgraded water heater. The updated kitchen offers plenty of prep space for cooking meals, with painted cabinetry with SS hardware, quartz countertops, subway tile backsplash, and white appliances—a perfect combination that will leave you feeling right at home! The bedroom has a bay window that lets in even more natural light. The ensuite bathroom was recently updated with contemporary vanity and fixtures, along with a walk-in shower with glass enclosure and tile surround. There is a walk-in closet as well as an owners closet that can be locked for extra security while renting out this space. Ceiling fans and light fixtures have been upgraded throughout the unit! Outside there's a covered back patio space for relaxing or entertaining guests. You'll love the easy access to The Hills CC driving range (right across the street) and the close proximity to Lake Travis. This home offers the best of everything. Don't miss it!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,071
Year Built
- Built in 1982
Lot Details
- West Facing Home
- Landscaped
- Mature Trees
- Wooded Lot
- Dense Growth Of Small Trees
HOA Fees
- $190 Monthly HOA Fees
Home Design
- Slab Foundation
- Tile Roof
- Masonry Siding
Interior Spaces
- 630 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Wood Burning Fireplace
- Blinds
- Living Room with Fireplace
Kitchen
- Free-Standing Electric Range
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- Walk-In Closet
- 1 Full Bathroom
Laundry
- Laundry closet
- Stacked Washer and Dryer Hookup
Home Security
Parking
- 1 Parking Space
- Carport
Outdoor Features
- Covered patio or porch
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
Listing and Financial Details
- Down Payment Assistance Available
- Assessor Parcel Number 01357803130011
- 2% Total Tax Rate
Community Details
Overview
- Association fees include common area maintenance, landscaping, ground maintenance, maintenance structure
- Guest Quarters Of Acadamy Place Association
- Guest Quarters Academy Place Condo Subdivision
- Mandatory home owners association
- The community has rules related to covenants, conditions, and restrictions
Amenities
- Common Area
Recreation
- Golf Course Community
Security
- Gated Community
- Fire and Smoke Detector
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%
Total Days on Market
96
Views
87
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
-$60,000
Avg. Annual Appreciation
-17.31%
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
7.38%
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%
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Independence Title | |
| Warranty Deed | -- | Independence Title | |
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Captial Title | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $40,000 | No Value Available |
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
| 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
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 1800834
APN: 132981
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