ActiveResidential · sale

347 The Hills

The Hills, TX 78738

$865,000

  • 4 beds
  • 3 baths
  • 3,129 sq ft
  • 0.19 acres
  • Built 2000

Listed by Compass RE Texas, LLC · MLS #ACT5330556

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

This space flows effortlessly to the homes showstopper: a brand-new, two-level all-weather composite deck.

Year built

Built in 2000.

Garage parking

2 garage spaces listed.

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

THE PROPERTY

Get to know the property.

Welcome to this meticulously cared for and beautifully updated waterfront retreat, offering jaw-dropping waterfront views in the exclusive gated community of The Hills. This home has been intentionally curated at every turn, highlighted by elegant ceilings and crown molding that add a sense of timeless luxury to the airy interior. Natural light pours through large windows, now equipped with high-end motorized shades for effortless privacy, creating an atmosphere that is truly an entertainers dream. At the heart of the home, the chef-inspired kitchen is outfitted with sleek quartz countertops and cabinetry that extends to the ceiling for a refined, custom look. The space is anchored by a dedicated bar area featuring a wine cooler and open shelving, all complemented by premium built-in appliances. With 4 bedrooms, 3 full baths, and numerous living spaces, there is ample room to grow and space to entertain - an experience you'll revisit time and time again in this home. The primary suite serves as the ultimate escape, offering peaceful water views and a spa-inspired en-suite bathroom. Throughout the home, you'll notice thoughtful updates, including a modern paint palette and luxury vinyl plank flooring across the lower level. This lower level hosts a massive bonus room designed for recreation; there is more than enough space to accommodate a full lounge area alongside a pool table, air hockey, or your favorite game room furniture. This space flows effortlessly to the homes showstopper: a brand-new, two-level all-weather composite deck. Whether you're sipping morning coffee or hosting a sunset dinner, these expansive outdoor spaces offer front-row seats to the tranquil water and local wildlife. Beyond the private deck, living in The Hills means unsurpassed amenities are at your disposal, including 4 premium clubs with tennis courts, pools, fitness centers, restaurants, scenic trails, and championship golf.

THE NEIGHBORHOOD

Explore the location.

347 The Hills, The Hills, TX 78738

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2000
Full baths
3
Half baths
0
Garage spaces
2
Cooling
Central Air
Heating
Central
Appliances
Built-In Electric Range, Built-In Oven(s), Built-In Refrigerator, Dishwasher, Disposal, Exhaust Fan, Microwave, Electric Water Heater, Water Softener Owned, Wine Refrigerator
Flooring
No Carpet, Tile, Wood
Fencing
Fenced, Partial, Wrought Iron
Accessibility
None
Pool features
None
Subdivision
Lakeside & Greens Condo
Parcel
01357802220001
HOA
Lakeside & The Greens HOA
HOA amenities
Common Area Maintenance, Landscaping
HOA fee frequency
Monthly
Elementary school
Lakeway
Middle school
Hudson Bend
High school
Lake Travis
Annual property tax
$13,751.00
HOA fee
$275.00

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$1,181.21
Estimated monthly rent$3,604.17
Cap rate1.89%

Annual operating income: $16,337.03

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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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347 The Hills, The Hills, TX 78738 · MLS #ACT5330556

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More in The Hills.

Listing information

MLS #ACT5330556 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Mark Toups

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