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Homes for Sale in Hills Of Lakeway, Austin, TX

Hills of Lakeway is one of the most established gated communities along the Lake Travis corridor, known for its wooded estate lots, the Arnold Palmer-designed golf course at Hills of Lakeway Country Club, and a Hill Country landscape that keeps mature cedars and oaks as close neighbors. Residents here are zoned to Lake Travis ISD, one of the most respected school districts in the Austin metro, with Lakeway Elementary, Hudson Bend Middle, and Lake Travis High School serving the area. The community sits inside the city of Lakeway, putting residents minutes from the retail and dining along RR 620 and a short drive from the boat ramps and parks along Lake Travis. If you are looking for estate-scale living with a country club backdrop and strong schools, Hills of Lakeway is a name worth knowing. Neighborhoods | Schools | Lifestyle & Amenities | Market Overview | Getting Around | FAQs

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Recent Sales in This Area

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About Hills of Lakeway, TX Real Estate

Neighborhoods & Subdivisions in Hills of Lakeway

The Hills of Lakeway subdivision is the primary community within this neighborhood boundary, a master-planned enclave built around the Hills of Lakeway Country Club. Lots here tend to be generous by Travis County standards, many running a quarter acre or more and carved into the natural Hill Country topography. That terrain gives the neighborhood its character: winding streets, mature tree canopy, and homes that were built to take advantage of views and natural privacy rather than maximize density. You will find a mix of established builds from earlier decades alongside updated and renovated properties that reflect how consistently desirable this address has remained over time.

The neighborhood is surrounded by other well-known Lakeway communities. Buyers who are exploring the broader area often look at Flintrock Falls, Costa Bella, and Lohmans Crossing Estates as nearby alternatives, each with its own character but sharing the same Lake Travis ISD schools and Hill Country setting. If you want to cast a wider net across the corridor, Lakeway listings give you a fuller picture of what this zip code has to offer across different price points and home styles.

Land opportunities do come up within Hills of Lakeway from time to time, and they represent a rare chance to build on an established, gated street within a community that already has its infrastructure, amenities, and reputation in place. That combination is harder to find than it used to be along the Lake Travis corridor.

Schools in Hills of Lakeway

Hills of Lakeway sits entirely within Lake Travis ISD, which consistently earns strong ratings from the Texas Education Agency. The feeder pattern runs through Lakeway Elementary, Hudson Bend Middle School, and Lake Travis High School. Lake Travis High is particularly well regarded for its athletics programs, performing arts, and dual enrollment options through nearby universities. For families prioritizing education as a driver of their home search, Lake Travis ISD is a meaningful differentiator in this part of the Austin market.

Private school options in the broader area include several campuses in the Westlake and Bee Cave corridors, and the proximity to Austin proper means access to a wider range of independent and charter school options for those who want to explore alternatives to the public school feeder.

Lifestyle & Amenities

The Hills of Lakeway Country Club is the centerpiece of daily life for many residents, offering golf on a course that has hosted notable amateur and professional events over the years. Club membership brings access to tennis courts, a pool, dining, and a social calendar that keeps the community connected year-round. It is the kind of amenity that makes Hills of Lakeway feel self-contained in a way that most neighborhoods simply cannot replicate.

Beyond the club, the outdoor options are substantial. Lake Travis is minutes away, with public boat ramps and the Lakeway Marina giving residents easy access to one of the most scenic lakes in Central Texas. Pace Bend Park and Lake Travis City Park are close enough for regular use, and the rolling terrain around the neighborhood is well suited for cycling and trail running. The Hill Country itself, accessible via RR 620 and Highway 71, opens up into the broader Texas Wine Country corridor toward Johnson City and Fredericksburg for weekend day trips.

Everyday conveniences are well covered. The retail along RR 620 in Lakeway includes grocery anchors, specialty dining, coffee shops, and medical offices. Bee Cave's Galleria at Bee Cave adds another layer of shopping and dining just a few minutes east, and the HEB on RR 620 handles most grocery runs without requiring a trip into Austin. Nearby communities like Spicewood and Lago Vista reflect the same lake-and-Hill-Country character if you want to explore the full range of what the corridor offers.

Real Estate Market Overview

Hills of Lakeway sits at the upper end of the Lakeway market. The gated setting, mature landscaping, and country club access combine to support strong, consistent demand from buyers who want established luxury rather than new construction on a cleared lot. Homes here tend to be larger, and the lots tend to have the kind of natural screening that takes decades to grow. That is not something you can replicate in a newer master-planned development, and buyers typically recognize it.

Land listings within the gates are uncommon and tend to attract buyers who already know the community and want to build to their own specifications. Because Hills of Lakeway is fully developed, raw land opportunities represent a finite inventory. The broader Austin area homes for sale market has seen steady interest in established Hill Country communities, and Hills of Lakeway has benefited from that trend. Buyers looking at this neighborhood should be prepared to move deliberately; well-positioned properties here do not sit long.

Getting Around Hills of Lakeway

Hills of Lakeway is positioned off RR 620, which is the main artery connecting the Lake Travis corridor to the rest of the Austin metro. From the neighborhood, downtown Austin is typically 25 to 35 minutes under normal conditions, though the 620/2222 interchange can add time during peak hours. Most residents plan their commutes around that reality, and remote and hybrid work arrangements have made this distance considerably more manageable for the professionals and business owners who make up a significant portion of the buyer pool here.

Highway 71 is accessible nearby, providing a direct route toward the airport and south Austin. The Lakeway area itself is laid out in a way that makes most errands car-dependent, but with the retail concentration on RR 620, you rarely need to leave the immediate area for daily tasks. Neighboring Jonestown sits along the opposite shore of Lake Travis and offers an alternative perspective on lake corridor living for buyers who want to compare options across the water.

Neuhaus Realty Group has worked extensively in the Hills of Lakeway and surrounding Lake Travis corridor communities. If you are considering a home or lot in this neighborhood, our team can walk you through what is available and what the community is really like to live in day to day. Reach out to get a conversation started.

Frequently Asked Questions

What school district serves Hills of Lakeway?
Hills of Lakeway is zoned entirely to Lake Travis ISD. The feeder pattern runs through Lakeway Elementary, Hudson Bend Middle School, and Lake Travis High School. Lake Travis ISD is one of the higher-performing districts in the Austin metro and is often cited as a key reason buyers choose this part of Travis County.
Is Hills of Lakeway a gated community?
Yes, Hills of Lakeway is a gated neighborhood built around the Hills of Lakeway Country Club. The gated entry and established landscaping give the community a level of privacy and security that is rare in the broader Lakeway market. Country club membership is separate from homeownership and provides access to golf, tennis, a pool, and dining.
How far is Hills of Lakeway from downtown Austin?
Under normal driving conditions, Hills of Lakeway is roughly 25 to 35 minutes from downtown Austin via RR 620 and Loop 360 or Highway 71. The RR 620 corridor can see congestion during morning and evening rush hours, so many residents with in-office schedules plan their drives around peak travel times.
What types of properties are available in Hills of Lakeway?
The neighborhood is primarily composed of established single-family homes on generous wooded lots, with many properties featuring custom builds and mature tree cover. Occasional land listings also come to market within the gates, offering buyers the opportunity to build on an established gated street. Because the community is fully developed, land opportunities are relatively scarce.
How does Hills of Lakeway compare to other nearby communities?
Hills of Lakeway sits at the upper end of the Lakeway market, distinguished by its gated country club setting and mature wooded lots. Buyers who want a similar Hill Country vibe with lake access often also explore Spicewood and Lago Vista, though those communities have different characters and price ranges. Hills of Lakeway is generally more established and private than newer master-planned communities in the corridor.
Are there HOA fees in Hills of Lakeway?
Yes, Hills of Lakeway has a homeowners association with fees that cover maintenance of the gated entry, common areas, and neighborhood infrastructure. Country club membership at the Hills of Lakeway Country Club is a separate cost from HOA dues and offers access to golf, tennis, pool, and dining facilities. Prospective buyers should confirm current HOA fee amounts and what is included during the transaction process.
What are property taxes like in Hills of Lakeway?
Hills of Lakeway falls within Travis County, where effective property tax rates typically run in the range of 1.8 to 2.2 percent of appraised value. Texas has no state income tax, so property taxes carry more of the public revenue burden, and Travis County's rates reflect that. Buyers should request a current tax statement and verify the exact rate for any specific property they are considering.
What outdoor activities are accessible from Hills of Lakeway?
Lake Travis is just minutes from the neighborhood, with public boat ramps, marinas, and parks like Pace Bend providing access to swimming, boating, and waterfront recreation. The golf course at the Hills of Lakeway Country Club is the most immediate outdoor amenity for residents. The broader Hill Country terrain around Lakeway is also well suited for cycling, hiking, and day trips toward the Texas Wine Country corridor via Highway 71.
Ed Neuhaus, Austin Realtor

Ed Neuhaus

Broker / Owner, Neuhaus Realty Group · TREC #593057

Licensed Texas Realtor since 2007 serving Austin and the Hill Country. Investor, STR operator, and straight-talking advisor for buyers, sellers, and investors. 16 five-star reviews.

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Listing data provided by ACTRIS MLS. Information deemed reliable but not guaranteed. © 2026 Austin Central Texas Realty Information Service.

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