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$525,000

Beds
2
Baths
2.0
sq ft
1,387

50 Tournament Way Unit I52, The Hills, TX 78738

50 Tournament Way Unit I52

The Hills, TX 78738

  • 17 days on market
Single story golf cottage in guard-gated Hills of Lakeway, located in the Academy Place section. The condo backs to a golf practice fairway, which is not overly busy while allowing one to enjoy the tranquility of greenbelt & golf course views. Academy Place is conveniently located near The Hills Country Club, golf driving range, & neighborhood park. This cottage is very bright with an open easy flow layout. Wood floors are present throughout the home, no carpet anywhere. The living room has a cozy fireplace & a wall of windows with views to the outdoor deck & golf fairway. Motorized custom shades can be engaged to create privacy. The living room, dining room & kitchen feature seamless flow from one area to another. The kitchen has a breakfast bar, an abundance of counter space for cooking, & a charming greenhouse-style window over the kitchen sink. The Master Bedroom has multiple windows overlooking the golf fairway. The Master Bathroom has a custom closet with built-ins, his & her dual vanity, & large walk-in shower. The Secondary Bedroom has a cedar closet, full bathroom with tub/shower combo & could be a guest room or an office. The covered back patio is an ideal place to relax & enjoy the golf fairway view. The lifestyle in The Hills is a unified experience where golf, tennis, fitness & dining bring neighbors together. Social membership is mandatory at The Hills CC @$155/month which includes access to dining at 5 private eateries, including The Hills Signature Chophouse & The Den at Flintrock. Social members have access to numerous community events. The Park features walking trails, basketball, soccer fields. a dog park, & rentable Pavilion amenity. Social members can enjoy the Aquatic Center at The Hills Sports Complex which has a heated Olympic pool available year round. Social membership can be upgraded to include the fitness center, golf, tennis & pickleball. The Golf Cottages HOA dues cover exterior maintenance, landscaping, & structure insurance.

Details

Property type

Condominium

Est. home value

$428,809

Lot size

3,659.04 sq ft

Price per sq ft

$379

Year built

1984

Annual property taxes

$6,618

Monthly HOA fee

$417

Price History

02/05/2025
Austin

Austin #5885956

Listed
$525,000

Schools & Community

Elementary school: 

Lakeway

Middle school: 

Hudson Bend

High school: 

Lake Travis

Community features: 

Clubhouse, Gated, Golf, Park, Playground, Pool, Restaurant, Sidewalks

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

$173,181
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$309,819
Cash to seller
$173,181

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

Seller’s Loan History

Lender

Texas Tech Fcu

Loan start date

July 2021

Original loan amount

$336,000

Est. remaining balance

$309,819

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Dai Do and Jamie Do

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: 02/22/2025 at 10:40 PM

Listing updated: 02/16/2025 at 3:05 PM

Listed by: Dylan Everett, Compass RE Texas, LLC Phone #: (512) 575-3644

MLS: Austin #5885956

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