Date
Details
Price
Change
Source
2/14/2026
Listed
$259,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$259,900 Just Listed
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Property Description
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..
Full Property Details
Full Property Details for 5 Tournament Way #12
General
- Price: $259,900
- HOA FEE: $317/month
- HOA FEE FREQ.: Semi-Annually
- Taxes: $3,253 (2025)
- Status: Active
- Type: Condo
- Source: Austin_MLS
- MLS ID: 1640233
- Updated: 2/14/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), High Ceilings, Quartz Counters, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Washer/Dryer Stacked, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Free-Standing Range, Microwave, Refrigerator, Stainless Steel Appliance(s), VentedExhaust Fan
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main: 1
Other Rooms
- Laundry: Laundry Closet, In Unit, Washer Hookup, Dryer Hookup, Stacked
Additional Information
- Shared Amenities: Common Grounds/Area, Clubhouse, Community Mailbox, Dog Park, Fishing, Golf, Gated, Playground, Park, Planned Social Activities, Restaurant, Sidewalks, Trails/Paths, Curbs
- Spa Description: None
- Security/Safety: Gated with Guard, 24 Hour Security, Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Exterior Steps
- Porch/Patio/Deck: Covered, Balcony
Parking
- Carports: Yes
- Total Spaces: 2
- Parking Features: Additional Parking, Assigned, Carport, Covered
Location
- Area: LS
- County: Travis
- Subdivision: Guest Quarters Of Academy Place
- Driving Directions: 620 to Lohmans Crossing. Enter The Hills of Lakeway Guard Gate. You must accompany your guest and show your business card. Once inside the gates follow GPS to Tournament Way. The property is on left side of Tournament Way in the condos, immediately on corner unit 2nd floor. Unit #12 is upstairs on corner by stop sign side of building.
- Direction Faces: East
School Information
- Elem School District: Lake Travis ISD
- Midd School District: Lake Travis ISD
- High School District: Lake Travis ISD
- Elementary School: Lakeway
- Middle School: Hudson Bend
- High School: Lake Travis
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: Guest Quarters and The Hills Home Owners Assoc.
- Assoc. Fees Include: Common Area Maintenance, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Security
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Electric, Fireplace(s), Hot Water, Wood
Utilities
- Sewer: Municipal Utility District
- Water: Municipal Utility District
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected, Underground Utilities
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Clapboard
- Roof: Flat Tile
- Windows: Bay Window(s), Double Pane Windows, See Remarks
- Stories/Levels: 1
- Square Feet: 630
- Sq. Ft. Source: Public Records
- Living Area: 630 Sq. Ft.
- Year Built: 1982
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: Hills, Trees/Woods
- Lot Size (Acres): 0.047
- Lot Size (Sq. Ft.): 2,047.32
- Sidewalks: Yes
- Lot Features: Close to Clubhouse, Near Golf Course, Landscaped
- Fencing (Description): None
Financial Considerations
- Association Fee: $1,900
- Assoc Fee Freq.: Semi-Annually
- Assessment Amount: $167,405
- Tax Amount: $3,253.46
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Deed Restriction, HOA Documents
- Legal Description: UNT 12 BLD C GUEST QUARTERS OF ACADEMY PLACE CONDOMINIUMS AMENDED PLUS 2.75% INTEREST IN COMMON AREA
- Disclosures/Reports: Planned Unit Development, Municipal Utility District Disclosure
- Property ID: 1357803130022
- Block: C
- Lot Number: 12
Listed by Simply Real Estate
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— 5 Tournament Way #12 —
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Schools
Schools serving 5 Tournament Way #12
School District:Lake Travis Independent School District
| Name | Grades | Distance |
|---|---|---|
Lakeway Elementary School 1701 Lohmans Crossing Road, Austin, TX 78734 | K-5 | 0.9 mi |
Hudson Bend Middle School 15600 Lariat Trail, Austin, TX 78734 | 6-8 | 4.3 mi |
Lake Travis High School 3324 Ranch Road 620 South, Austin, TX 78738 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 Tournament Way #12
Tax History
Tax History for 5 Tournament Way #12
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,579
—
$168,188
-9%
2024
$3,579
—
$185,471
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5 Tournament Way #12
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5 Tournament Way #12, The Hills, TX 78738 (MLS# 1640233) is a Condo property with 1 bedroom and 1 full bathroom. 5 Tournament Way #12 is currently listed for $259,900 and was received on February 14, 2026. Want to learn more about 5 Tournament Way #12? Do you have questions about finding other Condo real estate for sale in The Hills? You can browse all The Hills real estate or contact a Coldwell Banker agent to request more information.