Active Listing  ·  96 days on market

50 Stillmeadow Dr

The Hills, TX 78738
$798,000
3 Bed 3 Bath 2,955 sqft $270/sqft Built 1984 0.31 acres 2-Car Garage Pool Hills Of Lakeway Ph 02 Rep

An exquisite reimagining in the prestigious gated community of The Hills, this sophisticated residence is set on an expansive homesite with a private resort-style pool and beautifully curated outdoor spaces. Meticulously updated and thoughtfully appointed, the home seamlessly blends timeless elegance with modern luxury and effortless livability.

A refined chef’s kitchen serves as the heart of the home, showcasing granite countertops, stainless steel appliances, custom cabinetry, and exceptional storage. Walls of windows bathe the gracious living spaces in natural light, while rich hardwood flooring and soaring ceilings create an atmosphere of warmth and grandeur.

The private primary suite is a luxurious sanctuary, featuring a beautifully appointed spa-inspired bath with dual vanities and an oversized custom walk-in closet with thoughtfully designed built-in organization.

Additional amenities include a generous utility room with a sink and extensive cabinetry, providing exceptional functionality without sacrificing style.

Outside, the private pool and expansive grounds create an inviting setting for elegant entertaining or relaxed everyday living. Experience the elevated lifestyle of The Hills, one of the area's most coveted gated communities. Hills Social Membership is required.

At $270/sqft, this home is 16% below the The Hills active market average of $321/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

50 Stillmeadow Dr, The Hills, TX 78738

Property Details

Price $798,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,955 sqft
Lot Size 0.31 acres (13,677.84 sqft)
Year Built 1984
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hills Of Lakeway Ph 02 Rep
County Travis
Zip Code 78738
$/sqft $270/sqft
Days on Market ,
HOA $650/Semi-Annually
Annual Tax Est. $15,141.01
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236830057
List Date June 19, 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.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 19, 2026 $835,000
Previous ask $815,000
Current ask $798,000
Reduced $37,000 (-4.4%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
116 Blue Clearing Way
Rough Hollow Sec 3 Condo
$789,000 $258 4 bd / 4 ba 3,057 sqft , 2026-08-01
18 Glenway Dr
Hills Lakeway Ph 04
$819,900 $255 3 bd / 4 ba 3,216 sqft , 2026-06-17
16 Swiftwater Trl
Hills Lakeway Ph 06
$769,000 $272 3 bd / 3 ba 2,824 sqft , 2026-09-14
404 Amiata Ave #34
Villas At Tuscan Village Amd
$749,000 $299 3 bd / 3 ba 2,506 sqft , 2026-01-16
122 Feritti Dr
Rough Hollow- East Rim
$745,000 $296 4 bd / 3 ba 2,520 sqft , 2026-09-06

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
$3,830/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
$159,600
20% conventional investment loan

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

Estimated Gross Rent+$3,830
Principal + Interest−$4,355
Property Tax (~2.1% TX avg)−$1,397
Insurance (~0.5%)−$333
Est. Monthly Cash Flow $-2,255

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 5, 2026.

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