5 Tournament WAY # 12, The Hills TX 78738

The Hills, TX 78738 | Guest Quarters Of Academy Place

$259,900 $413/sqft
1 Beds
1 Baths 1 Full
630 Sq Ft
0.047 Acres
1982 Built

About This Property

Excellent property located in The Hills of Lakeway, Academy Place, Tournament Way Condominiums. The condos are rare to come on the market, so do not miss showing this condo. This well maintained and updated 1 bedroom, 1 bath, 2nd floor corner unit, with balcony is a must see! Recently remodeled with brand new double pane windows, modern tile in laundry closet, brand new water heater, and ceiling fan on balcony (just installed) when seller purchased a year ago. The condo is freshly painted and ready for you to move in full time or have this as your "lock and leave" vacation home. At 630 square feet, this condo gives you the ability to live in The Hills of Lakeway with the championship golf courses, walk to the clubhouse for dinner and drinks, enjoy the live music out at Crossroads at clubhouse, enjoy the multitude of activities that the club has monthly for members, walk dogs to the neighborhood dog park or even enjoy the stroll over with the grandkids to the amazing kid playground all within the 24 hour guard gate of The Hills of Lakeway. All owners are required to pay an additional $155/month for a social membership to The Invited Club which gives you access not only to your country club but 3 others as well, and you can upgrade your membership to add tennis, pickleball and golf. Ask for details!!! Conveniently located minutes from Hill Country Galleria and zoned to highly rated Lake Travis ISD schools. Approximately 20 miles to Austin Downtown and 25 miles to the airport. THIS IS A MUST SEE..

Features

  • Ceiling Fan(s)
  • High Ceilings
  • Quartz Counters
  • Stackable W/D Connections
  • 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
Cooling Ceiling Fan(s), Central Air, Electric, Exhaust Fan
Heating Electric, Fireplace(s), Hot Water, Wood
Exterior Balcony, Exterior Steps
County Travis
MLS # 1640233

HOA & Community

HOA Fee $1,900 /Semi-Annually
HOA Includes Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Pest Control, Security

Tax Information

Annual Taxes $3,253 (2025)

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* Estimate only. Does not include HOA fees, PMI, or other costs.
This property has HOA fees of $1,900/semi-annually.

Listing History

MLS# 1640233 - Updated Feb 24, 2026 6 days
Feb 14, 2026 Listed Listing Courtesy of Simply Real Estate - michele@​simplyreaustin.com $259,900

Frequently Asked Questions About 5 Tournament WAY # 12, The Hills TX 78738

When was 5 Tournament WAY # 12, The Hills TX 78738 built?

5 Tournament WAY # 12, The Hills TX 78738 was built in 1982.

How much does 5 Tournament WAY # 12, The Hills TX 78738 cost?

5 Tournament WAY # 12, The Hills TX 78738 is listed for sale at $259,900. That is $413 per square foot.

How many bedrooms and bathrooms does 5 Tournament WAY # 12, The Hills TX 78738 have?

5 Tournament WAY # 12, The Hills TX 78738 has 1 bedrooms and 1 bathrooms (1 full) with 630 square feet of living space.

What school district is 5 Tournament WAY # 12, The Hills TX 78738 in?

5 Tournament WAY # 12, The Hills TX 78738 is in the Lake Travis ISD school district. Assigned schools include Lakeway (elementary), Hudson Bend (middle), Lake Travis (high school).

Does 5 Tournament WAY # 12, The Hills TX 78738 have an HOA?

Yes, 5 Tournament WAY # 12, The Hills TX 78738 has an HOA fee of $1,900 per semi-annually. The HOA includes common area maintenance, insurance, landscaping, maintenance grounds, maintenance structure, pest control, security.

What are the property taxes on 5 Tournament WAY # 12, The Hills TX 78738?

The annual property taxes on 5 Tournament WAY # 12, The Hills TX 78738 are $3,253 (as of 2025).

How big is the lot at 5 Tournament WAY # 12, The Hills TX 78738?

The lot at 5 Tournament WAY # 12, The Hills TX 78738 is 0.047 acres, and the home has 630 square feet of living space.

What type of property is 5 Tournament WAY # 12, The Hills TX 78738?

5 Tournament WAY # 12, The Hills TX 78738 is a residential property.

What subdivision is 5 Tournament WAY # 12, The Hills TX 78738 in?

5 Tournament WAY # 12, The Hills TX 78738 is located in the Guest Quarters Of Academy Place subdivision in The Hills, TX.

How long was 5 Tournament WAY # 12, The Hills TX 78738 on the market?

5 Tournament WAY # 12, The Hills TX 78738 was on the market for 6 days, listed on February 14, 2026.

What heating and cooling does 5 Tournament WAY # 12, The Hills TX 78738 have?

5 Tournament WAY # 12, The Hills TX 78738 has electric, fireplace(s), hot water, wood heating and ceiling fan(s), central air, electric, exhaust fan cooling.

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