40 Tournament WAY # 32, The Hills TX 78738

The Hills, TX 78738 | Golf Cottages Academy Place

Off Market

Welcome home to the Golf Cottages of Academy Place. Relax and take in the panoramic views from your covered back patio of the practice golf fairway.

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Ed's Opinion of Value

$376,400 Ed's Estimate: $387,294 $511,805

Lowest Comp Recommended List: $475,000 to $478,000 Highest Comp

After reviewing 7 recent transactions in GOLF COTTAGES ACADEMY PLACE, I estimate this property's value at $387,294. A competitive list price for this home right now would fall in the $475,000 to $478,000 range. Buyers shopping in GOLF COTTAGES ACADEMY PLACE right now would see this as a well positioned option among 7 comparable homes. This home's smaller footprint (111 sqft vs the comp average) plays a role in how the market prices it. At 17 years older than typical comps, the 1984 build date influences the valuation. There are currently 7 similar homes on the market in GOLF COTTAGES ACADEMY PLACE, ranging from $349,900 to $511,500. Prices in 78738 have fallen 4.5% over the last 6 months. A similar home at 104 Bella Toscana Ave # 2301, Lakeway TX 78734 carries an adjusted comparable value of $376,400, providing a strong data point. The comp data here (7 sales in GOLF COTTAGES ACADEMY PLACE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus

78738 Market Trends

$850,000 Median Sold Price ▼ 4.5% 6mo

$275/sqft Median $/SqFt ▼ 3% 6mo

70 days Avg Days on Market 1 days slower

232 homes Active Inventory 5 mo supply

96.6% Sale-to-List Ratio

280 Sales (6 months)

Recently Sold Comparables

$376,400 adjusted 104 Bella Toscana Ave # 2301, Lakeway TX 78734 2bd / 2.0ba • 1,420 sqft • 1 mi Sold 3 months ago

$383,568 adjusted 102 Gallia DR # 3, Austin TX 78734 2bd / 2.0ba • 1,499 sqft • 1 mi Sold 4 months ago

$511,805 adjusted 108 Rivalto CIR # 5, Lakeway TX 78734 2bd / 2.0ba • 1,507 sqft • 1.1 mi Sold 1 months ago

$459,736 adjusted 16 Tournament WAY # 19, The Hills TX 78738 2bd / 3.0ba • 1,525 sqft • 0 mi Sold 5 months ago

$396,065 adjusted 107 Lucia CIR # 1, Lakeway TX 78734 2bd / 2.0ba • 1,507 sqft • 1 mi Sold 3 months ago

Currently on Market

$485,000 28 Tournament WAY # 26, The Hills TX 78738 2bd / 2.0ba • 1,387 sqft • 0 mi 7 days on market

$475,000 28 Tournament WAY, The Hills TX 78738 2bd / 2.0ba • 1,387 sqft • 0 mi 99 days on market

$495,000 108 Rivalto CIR # 2, Lakeway TX 78734 2bd / 2.0ba • 1,294 sqft • 1.1 mi 1 days on market

2 Beds

2 Baths 2 Full

1,387 Sq Ft

0.084 Acres

1984 Built

2 Garage

About This Property

Welcome home to the Golf Cottages of Academy Place. Located in the gated community of The Hills, this beautiful 2 bed, 2 bath home has been meticulously cared for and is move in ready. The open floor plan offers lots of natural light and is perfect for entertaining. Host wonderful dinner parties or enjoy curling up by the wood fireplace on cool Texas evenings. There’s even room for a baby grand piano! The galley kitchen is sure to please with stone counters, stainless steel appliances, tile backsplash plus all appliances convey including the refrigerator, washer and dryer. Both bedrooms are spacious with ensuite baths and walk in closets. Each bath is unique: one with a walk in shower, the other – a tub/shower combination. Lots of storage available in the two car garage with direct access. Recent improvements include HVAC, water heater and windows. Relax and take in the panoramic views from your covered back patio of the practice golf fairway. Enjoy the communities 4 golf courses, parks, basketball court, playgrounds, soccer field, lap pool, kiddie pool, waterslides, and World of Tennis. It is all here waiting for you to call home.

Features

2 Primary Suites
Ceiling Fan(s)
Chandelier
Double Vanity
No Interior Steps
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Storage
Walk-In Closet(s)

Location

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Schools

School District Lake Travis ISD

Elementary Lakeway

Middle School Hudson Bend

High School Lake Travis

Property Details

Property Type Residential

Flooring Carpet, Tile, Wood

Cooling Central Air

Heating Central

Exterior See Remarks, Gutters Full, Lighting

County Travis

MLS # 6812841

Parking

Garage 2 spaces

HOA & Community

HOA Fee $520 /Monthly

HOA Includes Common Area Maintenance, Landscaping, Maintenance Structure

Listing History

MLS# 6812841 - Updated Mar 27, 2026 28 days

Jul 21, 2025	Off Market
May 23, 2025	Listed		$499,000

MLS# 6345619 10 days

Apr 2, 2012	Off Market
Feb 10, 2012	Listed		$195,000

MLS# 6850826 58 days

Feb 10, 2006	Off Market
Nov 13, 2005	Listed		$169,900

Frequently Asked Questions About 40 Tournament WAY # 32, The Hills TX 78738

When was 40 Tournament WAY # 32, The Hills TX 78738 built?

40 Tournament WAY # 32, The Hills TX 78738 was built in 1984.

How much does 40 Tournament WAY # 32, The Hills TX 78738 cost?

40 Tournament WAY # 32, The Hills TX 78738 sold on July 21, 2025. Contact us for sale price details.

Similar Properties

$349,900 102 Bella Toscana Ave # 1205, Lakeway TX 78734 2 bd | 2 ba

$350,000 6608 Lantern View DR # 102, Jonestown TX 78645 2 bd | 2 ba

$360,000 3404 American DR # 3224, Lago Vista TX 78645 2 bd | 2 ba

$365,000 6801 Beckett RD # 114R, Austin TX 78749 2 bd | 2 ba

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