$259,900
SOLD JAN 16, 2025
Last list price

5 Tournament Way Unit 12 the Hills, TX 78738

1 Bed
1 Bath
630 Sq Ft
$300/mo HOA Fee

Recently Sold

$413 Per Sq Ft

53 Days on Market

Highlights

  • Airport or Runway
  • 24-Hour Security
  • Lock-and-Leave Community
  • Lakeway Elementary School Rated A-
  • Community Lake
  • Clubhouse

About This Home

As of January 2025

Stunning 1 Bedroom condo located in the beatuiful Hills in Lakeway. fully gated and 24 hour guard service for extreme security and safety. Property sits within the championship golf course "The Hills" with outstanding design and beautiful landscape. Walk to the club house for breakfast, lunch or dinner. Excellent property on second floor of Guest Quarters at the Acadamy. Quiet, covered assigned parking. Just repainted and ready for move-in. Recently remodeled with quartz counters and tile. Lock and leave. outdoor patio that has an awesome view and swing to enjoy all the outdoor offerings. Contact the listing broker for showing. Mandatory social membership to The Hills for all properties located in The Hills. Membership fee is approximately $200/month.

Last Agent to Sell the Property

Stanley Arnold

Palisades Properties, LLC Brokerage Phone: (512) 573-1017 License #0547894 Listed on: 10/12/2024

Last Buyer's Agent

Michele Zimmer

Simply Real Estate License #0701997

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,470

Year Built

  • Built in 1982

Lot Details

  • East Facing Home
  • Private Entrance
  • Landscaped
  • Sprinkler System
  • Wooded Lot
  • Property is in good condition

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Tile Roof
  • Flat Tile Roof
  • Clapboard

Interior Spaces

  • 630 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Smart Thermostat
  • Stacked Washer and Dryer Hookup

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 2 Parking Spaces
  • Carport
  • Additional Parking

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Rain Gutters

Schools

  • Serene Hills Elementary School
  • Hudson Bend Middle School
  • Lake Travis High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Municipal Utilities District for Water and Sewer
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Property is near a clubhouse

Listing and Financial Details

  • Assessor Parcel Number 01357803130022
  • Tax Block C

Community Details

Overview

  • Association fees include common area maintenance, landscaping, ground maintenance, maintenance structure, trash
  • Guest Quarters Association
  • Guest Quarters Of Academy Plac Subdivision
  • Lock-and-Leave Community
  • Community Lake

Amenities

  • Airport or Runway
  • Clubhouse
  • Community Mailbox

Security

  • 24-Hour Security

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,470

Year Built

Built in 1982

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1982
  • Additional Parcels: No
  • Direction Faces: East
  • Directions: 620 to Lohmans Crossing. Enter The Hills Gate off Lohmans Crossing. Follow directions to Tournament Way. The property is on the left side of Tournament Way. Turn first left and turn left again into parking lot. Unit #12 is upstairs on the furthest left when looking at property from the parking area.
  • Disclosures: Owner/Agent
  • Fencing: None
  • Fireplaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 630
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 573-1017
  • Attribution Contact: (512) 573-1017
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 2788.00
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: None
  • Unit Style: 2nd Floor Entry,Low Rise (1-3 Stories),End Unit,Entry Steps,Neighbor Below
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Quartz Counters, Electric Dryer Hookup, Entrance Foyer, High Speed Internet, No Interior Steps, Primary Bedroom on Main, Recessed Lighting, Smart Thermostat, Stackable W/D Connections
  • View: See Remarks
  • Flooring: Carpet, Tile
  • Fireplace Features: Family Room
  • Accessibility Features: None
  • Appliances: Dishwasher, Electric Range, Exhaust Fan, Free-Standing Electric Range, Free-Standing Refrigerator
  • Main Level Bedrooms: 1
  • Property Condition: Resale, Good
  • Security Features: 24 Hour Security, Gated with Guard
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Unit,Laundry Closet
  • Num Dining: 1
  • Num Living: 1

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony, Exterior Steps, Gutters Full, Private Entrance, Tennis Court(s)
  • Roof: Flat Tile, Tile
  • Foundation: Slab
  • Patio And Porch Features: Covered, Porch, Rear Porch
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Additional Parking, Carport, Covered
  • Total Parking Spaces: 2

Utilities

  • Sewer: MUD
  • Utilities: Electricity Connected, High Speed Internet, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Electric, Fireplace(s), Forced Air
  • Water Source: MUD
  • Cooling: Ceiling Fan(s), Central Air, Electric

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Landscaping, Maintenance Grounds, Maintenance Structure, Trash
  • Association Fee Frequency: Semi-Annually
  • Association Fee: 1800

Association/Amenities

  • Association Name: Guest Quarters
  • Association: Yes
  • Community Features: Airport/Runway, Clubhouse, Cluster Mailbox, Curbs, Lake, Lock and Leave

Schools

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

Lot Info

  • Lot Features: Close to Clubhouse, Landscaped, Private, Sprinkler - Automatic, Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 01357803130022
  • Lot Size Acres: 0.047
  • Lot Size Sq Ft: 2047.32
  • Subdivision Name: Guest Quarters Of Academy Plac
  • Special Assessment: No

Building Info

  • Construction Materials: Brick, Clapboard
  • New Construction: No

Tax Info

  • Tax Block: C
  • Tax Year: 2024
  • Tax Map Number: 12
  • Tax Filled Sqft Total: 630
  • Tax Rate: 1.67000000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2024
Closed on
Jan 15, 2025
Sold by
Arnold Stanley and Arnold Leslie
Bought by
Quakenbush Steven Earl and Quakenbush Christina Marie
Seller's Agent
Stanley Arnold
Palisades Properties, LLC
Buyer's Agent
Michele Zimmer
Simply Real Estate
List Price
$259,900
Sold Price
$245,500
Premium/Discount to List
-$14,400
-5.54%
Total Days on Market
53
Views
54
Current Estimated Value
$246,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500
Avg. Annual Appreciation
0.52%

Purchase Details

Listed on
Nov 14, 2018
Closed on
Dec 6, 2018
Sold by
Axelrod Mrray
Bought by
Arnold Stanley and Arnold Leslie
Seller's Agent
Ari Axelrod
Let's Move Austin LLC
Buyer's Agent
Stanley Arnold
Palisades Properties, LLC
List Price
$142,000
Sold Price
$135,800
Premium/Discount to List
-$6,200
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%

Purchase Details

Listed on
May 13, 2015
Closed on
Jul 6, 2015
Sold by
Davis Mutual Interests Ltd
Bought by
Axelrod Murray
Seller's Agent
Guy Oberg
Compass RE Texas, LLC
Buyer's Agent
Ari Axelrod
Let's Move Austin LLC
List Price
$109,900
Sold Price
$103,000
Premium/Discount to List
-$6,900
-6.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Nov 28, 2000
Sold by
Davis John M and Davis Harriet H
Bought by
Davis Mutual Interests Ltd

Purchase Details

Closed on
Nov 29, 1994
Sold by
Hagar Mary Elizabeth
Bought by
Davis John M and Davis Harriet
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- Stewart Title Austin Incorpora
Cash Sale Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2025 01/16/25 Sold -- -- --
12/04/2024 12/04/24 Pending -- -- --
10/12/2024 10/12/24 For Sale $259,900 +83.0% $413 / Sq Ft
12/07/2018 12/07/18 Sold -- -- --
11/22/2018 11/22/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $142,000 +29.2% $225 / Sq Ft
07/06/2015 07/06/15 Sold -- -- --
05/29/2015 05/29/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $109,900 0.0% $174 / Sq Ft
05/17/2015 05/17/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $109,900 -- $174 / 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
2023 $3,470 $192,572 $164 $192,408
2022 $4,378 $220,377 $164 $220,213
2021 $2,449 $116,551 $16,384 $100,167
2020 $2,751 $115,727 $16,384 $99,343
2019 $2,640 $115,727 $16,384 $99,343
2018 $2,798 $121,451 $16,384 $110,568
2017 $2,588 $110,410 $16,384 $103,529
2016 $2,353 $100,373 $13,841 $86,532
2015 $2,166 $98,432 $13,841 $84,591
2014 $2,166 $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: 4270198

Unlock MLS (Austin Board of REALTORS®)

APN: 132992