
43 LOST MEADOW TRL, The Hills TX 78738
MLS #247385243 · Compass RE Texas, LLC · Guy Oberg
About this home
Welcome to 43 Lost Meadow Dr, a beautifully updated home in the prestigious, guard-gated community of The Hills of Lakeway. Offering 4 bedrooms, 3.5 baths, a dedicated office that can serve as a 5th bedroom, game room, and 2-car garage with additional golf cart bay, this home combines a spacious floor plan with exceptional indoor-outdoor living. The dramatic two-story living room features soaring ceilings, abundant natural light, a stone fireplace, built-in cabinetry, and beautiful wood flooring throughout much of the home. Separate formal living and dining rooms provide additional space for entertaining. The updated kitchen features an oversized island, stone countertops, stainless steel appliances, microwave/oven combo, wine refrigerator, extensive cabinetry, and a breakfast area overlooking the backyard. The main-level primary suite offers vaulted ceilings, wood flooring, abundant windows, and an updated bath with dual vanities, soaking tub, oversized walk-in shower, and large custom cedar-lined closet. The downstairs office includes extensive built-ins and offers flexibility as a study or 5th bedroom. Upstairs are 3 additional bedrooms, 2 full baths, and a spacious game room. Updated bathrooms, plantation shutters, contemporary fixtures, and wood flooring complete the interior. Outside, enjoy a private backyard retreat with a sparkling pool featuring a waterfall, child-safety fencing/lock, patio areas, mature landscaping, and a fully fenced yard with additional space for entertaining and play. Located in highly regarded Lake Travis ISD with convenient access to Lakeway and Bee Cave shopping, dining, entertainment, medical facilities, and Lake Travis. Required Social Membership to The Hills Country Club provides access to select dining, swimming, and social amenities, with options to upgrade for golf, fitness, tennis, pickleball, and more. Ask agent for current membership details and dues.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 1998
- Full baths
- 3
- Half baths
- 1
- Lot size
- 0.285
- Subdivision
- Hills of Lakeway Ph 09
- MLS area
- LS
- MLS #
- 247385243
Features
Interior features
- Breakfast Bar
- High Ceilings
- In-Law Floorplan
- Primary Bedroom on Main
- Pantry
- Bookcases
- Study/Home Office
Exterior features
- Exterior Steps
- Gutters Full
- Private Yard
Additional details
- Parking
- Attached, Door-Single, Garage Door Opener
- Garage spaces
- 2
- Roof
- Tile
- Foundation
- Slab
- HOA
- $775 / semi-annually
- Annual tax
- $13,569
Location
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Schools
Assigned schools per the MLS.
- School district
- Lake Travis ISD
- Elementary
- Lakeway
- Middle
- Hudson Bend
- High
- Lake Travis
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Getting around
- Downtown Austin
- 15.3 mi
- Austin-Bergstrom Airport
- 21.6 mi
Straight-line distance, not drive time.
Market insights
Compared with 440 active homes in ZIP 78738 · HomeLocating listings
At $1,250,000, this home is priced 26% above the $995,000 median across 440 active homes in ZIP 78738.
Estimated monthly payment
Home price
$1,250,000
Down payment
20% ($250,000)
Loan details
30-yr fixed, 6.50%
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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.
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Listing courtesy of Compass RE Texas, LLC · Guy Oberg
Listing data last updated Oct 2, 2026, 11:46 PM
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