ActiveResidential · sale

2 Dovedale

The Hills, TX 78738

$1,150,000

  • 4 beds
  • 5 baths
  • 4,081 sq ft
  • 0.28 acres
  • Built 2001

Listed by Compass RE Texas, LLC · MLS #ACT2797027

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The living room is filled with natural light and anchored by soaring ceilings and a striking stone fireplace.

Year built

Built in 2001.

Garage parking

3 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Situated on a cul-de-sac in the prestigious gated community of The Hills of Lakeway, this inviting 4,081-square-foot home offers timeless charm and standout curb appeal. The home is defined by its incredible wraparound front porch, creating a warm and welcoming first impression. Inside, the thoughtfully designed floor plan features 4 bedrooms and 4.5 bathrooms, with the primary suite and a dedicated office on the main level. Upstairs, three spacious secondary bedrooms each feature a dedicated bathroom, with one thoughtfully designed to also serve the game room, offering a functional layout that balances privacy and flexibility.

The open-concept kitchen and living area serve as the heart of the home, ideal for both entertaining and everyday living. The kitchen features a center island, breakfast bar, granite countertops, stainless steel appliances, and ample cabinetry. A formal dining room provides an elegant space for hosting, while the spacious laundry room, dedicated drop zone with built-in mud bench, and three-car garage add convenience. The living room is filled with natural light and anchored by soaring ceilings and a striking stone fireplace. Large windows enhance the open feel and connect the indoors with the outdoor setting. Step outside to your private backyard retreat featuring a heated in-ground pool, perfect for relaxing or entertaining. The spacious yard offers room to unwind and enjoy the setting.

Located in one of Lakeway's most desirable gated communities, this home offers both privacy & convenience just minutes from local shopping, dining, and Lake Travis. LTISD Schools and LOW TAXES! Life in The Hills includes access to four premier clubs: offering championship golf, tennis, swimming, fitness, dining, and a vibrant calendar of community events. A mandatory minimum social membership to The Hills Country Club is required ($154/month). Residents also enjoy private amenities such as a playground, dog park, sport court, and scenic walking paths.

THE NEIGHBORHOOD

Explore the location.

2 Dovedale, The Hills, TX 78738

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2001
Full baths
4
Half baths
1
Garage spaces
3
Cooling
Ceiling Fan(s), Central Air
Heating
Central, Fireplace(s)
Appliances
Built-In Oven(s), Dishwasher, Disposal, Gas Cooktop, Microwave, Stainless Steel Appliance(s)
Flooring
Carpet, Tile
Fencing
Back Yard, Fenced, Gate, Wrought Iron
Accessibility
None
Pool features
In Ground, Outdoor Pool
Subdivision
Hills Lakeway Ph 08
Parcel
01317605270000
HOA
The Hills HOA
HOA amenities
Common Area Maintenance
HOA fee frequency
Semi-Annually
Elementary school
Lakeway
Middle school
Hudson Bend
High school
Lake Travis
HOA fee
$775.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$4,791.67
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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2 Dovedale, The Hills, TX 78738 · MLS #ACT2797027

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More in The Hills.

Listing information

MLS #ACT2797027 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Elle Spikes

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.