NOT LISTED FOR SALE

50 Tournament Way Unit I50 the Hills, TX 78738

Estimated Value: $370,000 - $377,379

2 Beds
2 Baths
1,387 Sq Ft
$300/mo HOA Fee

Last Sold October 03, 2022

Current estimated payment $2,777/month

104 Days on Market

Highlights

  • On Golf Course
  • Private Pool
  • Open Floorplan
  • Lakeway Elementary School Rated A-
  • Gated Parking
  • Wood Flooring

About This Home

As of October 2022

PRIVACY AND CONVENIENCE! Gated community! Beautiful golf course home with a 2 car garage. Many recent updates! WALK OUT PRIVATE PATIO.
In the heart of Lakeway. Easy access to area amenities and medical facilities.
Close to World Of Tennis and Club. Home boasts two roomy full bathrooms w/ a walk- in shower in the front bedroom. A two car garage and a large attic storage area w/ outside access make this the perfect home.
A wonderful lake-area lifestyle awaits you. Lock and leave lifestyle. Low maintenance!

Last Listed By

Carmen Nichols

Compass RE Texas, LLC License #0502177 Listed on: 05/19/2022

Compass RE Texas, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,307

Year Built

  • Built in 1984

Lot Details

  • On Golf Course
  • Southwest Facing Home

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Gated Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,387 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Shutters
  • Blinds
  • Family Room with Fireplace
  • Laundry closet

Kitchen

  • Built-In Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Double Vanity

Home Security

Accessible Home Design

  • Accessible Full Bathroom

Outdoor Features

  • Private Pool
  • Patio
  • Rear Porch

Schools

  • Lakeway Elementary School
  • Lake Travis 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
  • Legal Lot and Block 50 / I
  • Assessor Parcel Number 01358006310012
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance
  • Hills Poa
  • Golf Cottages Of Academy Place Subdivision
  • Mandatory home owners association
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Recreation

  • Golf Course Community

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,307

Year Built

Built in 1984

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: 1st Floor Entry
  • Restrictions: Covenant, Deed Restrictions
  • Year Built: 1984
  • Additional Parcels: No
  • Direction Faces: SW
  • Directions: Lohman's Crossing then left Hills gates. Right on The Hills Dr. At stop sign, turn Left. Pass Club and Driving Range, turn Right on Tournament
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 4307.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Fireplaces: 1
  • Garage Spaces: 2.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1387.00
  • Other Structures: See Remarks
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Bookcases, Built-in Features, Ceiling Fan(s), Tile Counters, Double Vanity, Open Floorplan, Pantry, Primary Bedroom on Main
  • Laundry Location: Laundry Closet
  • View: See Remarks
  • Flooring: Carpet, Laminate, Wood
  • Fireplace Features: Family Room
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: Accessible Full Bath
  • Appliances: Built-In Range, Dishwasher, Disposal, Electric Range
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Security Guard, Smoke Detector(s)
  • Window Features: Blinds, Shutters

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: Patio, Porch, Rear Porch
  • Pool Features: See Remarks
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Front, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Municipal Utility District (MUD)
  • Utilities: Electricity Connected
  • Heating: Central
  • Water Source: Municipal Utility District (MUD)
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Monthly
  • Association Fee: 300.00

Association/Amenities

  • Association Name: Hills POA
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Golf Course

Schools

  • School District: Lake Travis ISD
  • School District: Lake Travis ISD
  • Elementary School: Lakeway
  • Middle School: Lake Travis
  • High School: Lake Travis
  • Elementary School: Lakeway
  • High School: Lake Travis
  • Middle/Junior School: Lake Travis

Lot Info

  • Lot Features: Backs To Golf Course
  • Special Assessment: See Remarks
  • Parcel Number: 01358006310012
  • Lot Size Acres: 0.0840
  • Lot Size Sq Ft: 3659.04
  • Subdivision Name: Golf Cottages Of Academy Place

Building Info

  • Construction Materials: Brick
  • New Construction: No

Tax Info

  • Tax Block: I
  • Tax Filled Sqft Total: 1387
  • Tax Lot: 50
  • Tax Rate: 2.20148000000000
  • Tax Year: 2021
  • Tax Annual Amount: 4307.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Oct 3, 2022
Sold by
Reyes Randal C
Bought by
Robinson Regena
Seller's Agent
Carmen Nichols
Compass RE Texas, LLC
Buyer's Agent
David Rowe
David Rowe Properties LLC
List Price
$479,000
Sold Price
$421,000
Premium/Discount to List
-$58,000
-12.11%
Total Days on Market
104
Views
3
Current Estimated Value
$373,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,310
Avg. Annual Appreciation
-3.64%
Original Mortgage
$290,490
Outstanding Balance
$280,378
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$101,651

Purchase Details

Listed on
Feb 22, 2016
Closed on
Mar 29, 2016
Sold by
Martha Lillian Homeyer and The Lillian Homeyer Martha Rev
Bought by
Reyes Randal C and Reyes Veronica
Seller's Agent
Julie Mattoon
CENTURY 21 Integra
Buyer's Agent
Amber Hart
Keller Williams - Lake Travis
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Original Mortgage
$159,750
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2015
Sold by
Martha Lillian H and Martha John L
Bought by
Martha Lillian Homeyer

Range of Values:

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Average Value
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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
Robinson Regena -- Capstone Title
Reyes Randal C -- Attorney
Martha Lillian Homeyer -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Regena $290,490
Previous Owner Reyes Randal C $159,750
Previous Owner Martha John L $23,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold -- -- --
08/31/2022 08/31/22 Pending -- -- --
08/09/2022 08/09/22 Price Changed $449,000 -6.3% $324 / Sq Ft
07/03/2022 07/03/22 For Sale $479,000 0.0% $345 / Sq Ft
07/02/2022 07/02/22 Off Market -- -- --
05/19/2022 05/19/22 For Sale $479,000 +108.3% $345 / Sq Ft
03/29/2016 03/29/16 Sold -- -- --
02/22/2016 02/22/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $230,000 -- $166 / 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 $4,742 $421,000 $294 $420,706
2022 $8,293 $397,490 $294 $397,196
2021 $4,307 $195,623 $29,378 $166,245
2020 $5,449 $219,982 $29,378 $190,604
2018 $5,335 $225,669 $29,378 $196,291
2017 $5,289 $220,000 $29,378 $190,622
2016 $4,510 $187,629 $29,378 $158,251
2015 $2,478 $168,549 $29,378 $139,171
2014 $2,478 $167,230 $29,378 $137,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1296587

Unlock MLS (Austin Board of REALTORS®)

APN: 133114