Active Listing  ·  11 days on market

34 AUTUMN OAKS Dr

The Hills, TX 78738
$1,995,000
5 Bed 6 Bath 4,105 sqft $486/sqft Built 1997 0.65 acres 3-Car Garage Pool HILLS OF LAKEWAY PHS 2 THE

Welcome to 34 Autumn Oaks, a beautifully reimagined home situated on an expansive .65-acre lot in the prestigious gated community of The Hills of Lakeway. Completely renovated with thoughtful design and high-end finishes throughout, this home offers an ideal blend of luxury, comfort, and functionality.

At the heart of the home is the stunning custom kitchen, featuring extensive cabinetry upgrades, abundant storage, and a hidden walk-in pantry seamlessly integrated into the design. A dedicated bar area creates the perfect setup for entertaining, while large sliding doors open the living spaces directly to the backyard and pool, creating an effortless indoor-outdoor connection.

Outside, enjoy your own private retreat with a sparkling pool and spa, perfect for entertaining or relaxing. A convenient pool bath provides easy access from the outdoor living areas, and an invisible fence is already installed for pets.

The spacious primary suite is privately located on the main level, along with a dedicated home office. Upstairs, four additional bedrooms offer plenty of space for family, guests, a playroom, or additional flex space.

Located within The Hills of Lakeway, residents enjoy 24-hour guard-gated security along with the lifestyle of a premier golf course and country club community, with access to golf, tennis, fitness, dining, and more. With its extensive renovation, flexible floor plan, oversized .65-acre homesite, and resort-style pool and spa, 34 Autumn Oaks offers a rare opportunity to enjoy a truly move-in-ready home in one of Lakeway’s most sought-after communities.

At $486/sqft, this home is priced 51% above the The Hills active market average of $321/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

34 AUTUMN OAKS Dr, The Hills, TX 78738

Property Details

Price $1,995,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 4,105 sqft
Lot Size 0.65 acres (28,314 sqft)
Year Built 1997
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision HILLS OF LAKEWAY PHS 2 THE
County Travis
Zip Code 78738
$/sqft $486/sqft
Days on Market ,
HOA $775/Semi-Annually
Annual Tax Est. $24,687.53
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246625554
List Date September 12, 2026
Elementary School Lakeway
Middle School Hudson Bend
High School Lake Travis
School District ,

Luke Allen (TREC #788149) has deep knowledge of The Hills and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in The Hills

Comparable Listings Right Now

Homes currently for sale in The Hills with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
17 Hedgebrook Way
Hills Lakeway Ph 09
$1,900,000 $409 4 bd / 5 ba 4,640 sqft , 2026-09-11
109 Bisset Ct
Rough Hollow
$1,699,000 $322 4 bd / 5 ba 5,282 sqft , 2026-08-01
320 Bisset Ct
Rough Hollow Sec 1 Amdlt1-6,11
$1,695,000 $387 5 bd / 6 ba 4,383 sqft , 2026-09-17
215 Lodestone Ln
The Estates Of Flintrock
$1,573,000 $340 5 bd / 6 ba 4,632 sqft , 2026-07-07
501 Black Wolf Run
Flintrock At Hurst Creek Ph 04
$1,500,000 $425 5 bd / 4 ba 3,530 sqft , 2026-08-08

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$9,576/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$399,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$9,576
Principal + Interest−$10,888
Property Tax (~2.1% TX avg)−$3,491
Insurance (~0.5%)−$831
Est. Monthly Cash Flow $-5,634

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near The Hills, TX

The Hills sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on September 20, 2026.

📞 (254) 718-2567 [email protected] More about Luke →