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$840,000

Beds
3
Baths
2.5
sq ft
2,713

118 The Hills Dr, The Hills, TX 78738

118 The Hills Dr

The Hills, TX 78738

  • 70 days on market
    • Price drop $29,000↓
Welcome to 118 The Hills Dr., a custom home that exudes elegance and contemporary design in the exclusive, gated community of The Hills of Lakeway. Offering 24-hour security, top-rated LTISD schools, and a vibrant social scene, this prestigious neighborhood provides residents access to world-class amenities, including 4 golf courses, 4 clubhouses with restaurants, indoor and outdoor tennis courts, a 22,000 sq/ft athletic center, and a new aquatic center—all within a low tax rate area. This beautifully updated home features an open, bright layout with soaring ceilings and a fully remodeled contemporary kitchen boasting quartz countertops, a stylish kitchen island, oversized porcelain tile flooring, and new flooring throughout the upstairs. The living room is anchored by a striking stone fireplace, while the updated stairwell railing adds modern sophistication. The main floor includes a spacious primary suite with a spa-like en-suite bathroom and custom walk-in closet, as well as a private office with glass French doors for a quiet workspace. Upstairs, a versatile second living area with a chic accent wall offers space for entertaining or relaxation. Step outside to your private backyard retreat, complete with a walk-out patio for al fresco dining, a beautiful pool and spa, a covered porch, grilling area, and lush landscaping providing ample privacy. Additional features include a circular driveway for guests and rear garage access. With quick access to Lakeway and Bee Cave, this home combines luxury, comfort, and convenience in the heart of The Hills of Lakeway community.

Details

Property type

Single Family Residence

Est. home value

$871,227

Lot size

7,344.22 sq ft

Price per sq ft

$310

Year built

2001

Annual property taxes

$15,086.39

HOA fee

$625

Price History

11/14/2024
Austin

Austin #8600698

Price change
$840,000
-3.34%
10/12/2024
Austin

Austin #8600698

Price change
$869,000
-2.91%
09/12/2024
Austin

Austin #8600698

Listed
$895,000

Schools & Community

Elementary school: 

Lakeway

Middle school: 

Hudson Bend

High school: 

Lake Travis

Community features: 

Fitness Center, Golf, Playground, Pool, Tennis Court(s)

High school district: 

Lake Travis ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$320,354
Asking price
$840,000
Closing costs (~8% of asking)
-$67,200
Est. remaining loan balance
-$452,446
Cash to seller
$320,354

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

October 2021

Original loan amount

$485,350

Est. remaining balance

$452,446

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Francesca Parker and Brian Lemons

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 7:55 AM

Listing updated: 11/14/2024 at 5:23 PM

Listed by: Jenna Hensley, Real Phone #: (512) 960-3253

MLS: Austin #8600698

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