$869,000

Property Overview

This exceptional executive residence in Lakeway's coveted Lakeside section of The Hills overlooks panoramic vistas of Lake Travis and the championship golf course's 18th hole, positioning itself as one of the community's most prestigious addresses. Built in 2000 across 3,129 square feet, the home showcases rich hardwood floors, soaring tray ceilings, and crown molding throughout its open floor plan, while walls of windows flood the interior with natural light and frame the Hill Country scenery. The chef's kitchen flows seamlessly with granite countertops, a center island, and built-in stainless appliances, while a wood-burning fireplace, custom lighting, and built-in bookshelves add warmth and sophistication to everyday living.

The primary suite features a private balcony and oversized walk-in closet, offering a personal retreat with lake views. Two additional bedrooms and three full bathrooms accommodate family and guests, while the home's location within a gated community provides secure, lock-and-leave convenience. At $869,000, this 331 The Hills Drive property sits at $278 per square foot near the neighborhood median, offering compelling value for a waterfront-adjacent residence with resort-style living on an 8,232 square foot lot in Austin, TX.

Vox Residential Insight

From Vox Residential's perspective, this Lakeway property represents the rare combination of trophy-level views and practical resort-lifestyle amenities that buyers seek in the Lake Travis corridor. The pricing at market rate per square foot, paired with immediate lake access and golf course adjacency, makes this an exceptionally strong value for the executive buyer looking to anchor themselves in one of Austin's most established luxury communities.

Agent Description

Welcome to an exceptional residence in the coveted Lakeside section of The Hills, where panoramic Hill Country, lake, and golf course views create a spectacular setting for everyday living. Perfectly positioned to overlook the water and the 18th hole, this beautifull home blends luxury, comfort, and lock-and-leave convenience within one of Lakeway’s most desirable gated communities. Inside, rich hardwood floors, tray ceilings, crown molding, custom lighting, recessed can lights, built-in bookshelves, window seats, and a wood-burning fireplace create a warm yet sophisticated atmosphere. Walls of windows fill the open floor plan with natural light while showcasing the stunning scenery beyond. The chef’s kitchen features built-in stainless appliances, Taj Mahal countertops and matching backsplash, making it ideal for daily living and entertaining alike. The spacious primary suite offers a bay window, oversized walk-in closet, and private balcony with breathtaking lake and golf course views. The spa-inspired bath includes dual vanities, a soaking tub, and separate walk-in shower. A generous game and entertainment room opens directly to the expansive full-length deck. Multiple seating areas and outdoor dining space create the perfect setting for morning coffee, sunset cocktails, or relaxing beneath the Texas sky plus 3 fenced areas for pets. $275/month HOA fee: lawn/streets/common areas, $775 semi-annual POA fee. Residents enjoy a gated, guard-attended community just minutes from the Hill Country Galleria, Baylor Scott & White Medical Center, Lake Travis, and dining. Ownership includes a rare third parking space that conveys with the sale. HOA dues cover front and back lawn maintenance, trash, and recycling, while the POA maintains the guard gate and common areas. An additional social membership provides access to five restaurants, a resort-style pool, social events, fitness amenities, tennis, and three award-winning golf courses, completing a Lakeway lifestyle.

Neighborhood: Lakeway

This property is located in Lakeway, Austin, TX. The area is known for Lake Travis Living, Marina Access, Golf Courses, Waterfront Dining, Resort Lifestyle.

At $278/sqft, this listing is priced near the Lakeway median of $288/sqft.

Property Details

Listing data last updated: July 16, 2026

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