5 Tournament Way Unit 5 the Hills, TX 78738
Estimated Value: $287,000 - $407,000
1
Bed
1
Bath
634
Sq Ft
$190/mo
HOA Fee
Highlights
- Airport or Runway
- Golf Course Community
- 24-Hour Security
- Lakeway Elementary School Rated A-
- Fitness Center
- Golf Course View
About This Home
As of July 2022Welcome to The Hills of Lakeway country club community! Imagine beginning your day watching the sunrise over the golf course on your covered patio beneath a canopy of majestic oaks. This totally renovated, ground level condo is all on one level, no stairs, and full of natural light. It comes with fresh white cabinetry, black granite counters, and a gorgeous, one-of-a-kind, custom fireplace surround. The 634 sf feels much larger with the tall ceilings, tons of windows, and bright white finishes. Luxurious wood laminate flooring throughout. The master suite features a custom quartz topped vanity, a beautiful walk-in shower w glass, and a walk-in closet. The laundry closet features a stackable washer/dryer that convey with the sale. All appliances convey. Easy living and easy to maintain. Truly a lock ‘n leave condo. HOA covers exterior insurance, common area maintenance, and landscape. Each unit has an assigned covered parking spot plus guest spots. This Guest Quarters of Academy Place condo is just a few steps to the driving range and the Country Club is just beyond. It’s easy to get connected w other neighbors in the community with so many activities available.
The Hills is an active lifestyle, golf cart friendly, guard gated community, with tons of walking paths, park, dog park, close to World of Tennis, Elevation Gym, the new Hills pools, and miles of hiking and biking trails thru Serene Hills and Rough Hollow. Marinas are less than 10 minutes away. The Jack Nicklaus signature golf course just underwent a massive renovation to bring it to a world class experience in golf. Two country clubs are available to Hill’s residents (Flintrock Falls as well) to enjoy spectacular dining privileges, entertainment, and other community events. Social memberships are mandatory, sports memberships are optional. Retail, grocery, Starbucks, schools, medical, hospital, air strip, are very close. Move-in ready to relax and enjoy!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,541
Year Built
- Built in 1982 | Remodeled
Lot Details
- End Unit
- West Facing Home
- Sprinkler System
- Wooded Lot
HOA Fees
- $190 Monthly HOA Fees
Property Views
- Golf Course
- Woods
Home Design
- Brick Exterior Construction
- Slab Foundation
- Tile Roof
- Concrete Roof
Interior Spaces
- 634 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Crown Molding
- Ceiling Fan
- Blinds
- Bay Window
- Living Room with Fireplace
Kitchen
- Eat-In Kitchen
- Free-Standing Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Laundry on main level
- Stacked Washer and Dryer
Home Security
Parking
- 2 Car Attached Garage
- Carport
- Driveway
- Reserved Parking
Accessible Home Design
- No Interior Steps
- Stepless Entry
Outdoor Features
- Covered patio or porch
- Rain Gutters
Location
- Property is near a clubhouse
- Property is near a golf course
Schools
- Lakeway Elementary School
- Hudson Bend Middle School
- Lake Travis High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Wood
- Underground Utilities
- Electric Water Heater
- Municipal Utilities District for Water and Sewer
- High Speed Internet
- Phone Available
Listing and Financial Details
- Down Payment Assistance Available
- Legal Lot and Block 5 / B
- Assessor Parcel Number 01357803130015
- 2% Total Tax Rate
Community Details
Overview
- Association fees include common area maintenance, insurance, landscaping, ground maintenance, maintenance structure, trash
- Guest Quarters Of Acadamy Place Association
- Low-Rise Condominium
- Guest Quarters Of Academy Plac Subdivision
- Lock-and-Leave Community
- Mandatory home owners association
- The community has rules related to deed restrictions
- Community Lake
Amenities
- Common Area
- Restaurant
- Airport or Runway
- Clubhouse
- Community Mailbox
Recreation
- Golf Course Community
- Community Playground
- Fitness Center
- Community Pool
- Putting Green
- Park
- Trails
Pet Policy
- Pet Amenities
Security
- 24-Hour Security
- Controlled Access
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2022
Closed on
Jul 26, 2022
Sold by
Daley Johnson Mark
Bought by
Rayville Llc
Seller's Agent
Steven Dedear
Coldwell Banker Realty
Buyer's Agent
Stephanie Ray
Next Door Realty LLC
List Price
$350,000
Sold Price
$350,000
Total Days on Market
35
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
-$19,000
Avg. Annual Appreciation
-11.45%
Purchase Details
Listed on
Mar 9, 2020
Closed on
Apr 16, 2020
Sold by
Edwards Charles A
Bought by
Johnson Mark Daley
Seller's Agent
Carol Verrengia
A LIST PROPERTIES
Buyer's Agent
Steven Dedear
Coldwell Banker Realty
List Price
$159,000
Sold Price
$164,900
Premium/Discount to List
$5,900
3.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.11%
Original Mortgage
$123,675
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 4, 2015
Sold by
Edwards E Patricia L
Bought by
Edwards Charles A
Purchase Details
Closed on
Dec 21, 2005
Sold by
Speed Properties Inc
Bought by
Edwards Charles A and Edwards Patricia L
Purchase Details
Closed on
Nov 28, 1995
Sold by
Botterweck A L and Botterweck Deanna M
Bought by
Haug Robert L and Wood Vinson J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.36%
Purchase Details
Closed on
May 17, 1995
Sold by
Chmelar Franklin and Chmelar Marilyn
Bought by
Kelley Edward P and Kelley Lynn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.5%
Purchase Details
Closed on
Jan 10, 1994
Sold by
Warren L D
Bought by
Lightfoot Margaret F
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rayville Llc | -- | Independence Title | |
| Johnson Mark Daley | -- | Capital Title | |
| Edwards Charles A | -- | -- | |
| Edwards Charles A | -- | -- | |
| Haug Robert L | -- | -- | |
| Kelley Edward P | -- | -- | |
| Lightfoot Margaret F | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Johnson Mark Daley | $123,675 | |
| Previous Owner | Berry Rayburn | $99,300 | |
| Previous Owner | Haug Robert L | $52,000 | |
| Previous Owner | Kelley Edward P | $104,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2022 07/29/22 | Sold | -- | -- | -- |
| 06/28/2022 06/28/22 | Pending | -- | -- | -- |
| 06/02/2022 06/02/22 | For Sale | $350,000 | 0.0% | $552 / Sq Ft |
| 05/25/2022 05/25/22 | Off Market | -- | -- | -- |
| 05/24/2022 05/24/22 | For Sale | $350,000 | +120.1% | $552 / Sq Ft |
| 04/17/2020 04/17/20 | Sold | -- | -- | -- |
| 03/11/2020 03/11/20 | Pending | -- | -- | -- |
| 03/09/2020 03/09/20 | For Sale | $159,000 | -- | $251 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
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 | $3,874 | $215,011 | $164 | $214,847 |
| 2022 | $4,293 | $216,095 | $164 | $215,931 |
| 2021 | $2,178 | $103,631 | $16,384 | $87,247 |
| 2020 | $2,606 | $109,646 | $16,384 | $93,262 |
| 2018 | $2,941 | $127,653 | $16,384 | $111,269 |
| 2017 | $2,485 | $106,022 | $16,384 | $89,638 |
| 2016 | $2,368 | $101,023 | $13,942 | $87,081 |
| 2015 | $2,109 | $98,000 | $13,942 | $84,058 |
| 2014 | $2,109 | $88,594 | $13,942 | $74,652 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Dedear
Seller's Agent in 2022
Steven Dedear
Coldwell Banker Realty
(512) 971-3732
31 in this area
65 Total Sales
-
Stephanie Ray
S
Buyer's Agent in 2022
Stephanie Ray
Next Door Realty LLC
(713) 291-9188
4 in this area
46 Total Sales
-
Carol Verrengia
C
Seller's Agent in 2020
Carol Verrengia
A LIST PROPERTIES
(512) 785-3505
8 in this area
22 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 1819962
APN: 132985
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