See Home Value
$925,000
● House - Off Market

18 Waterfall DR

The Hills, TX 78738
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,725 Ft²
$4,699
Est. Monthly
$157
HOA / Fees
2.90%
Cap Rate

About This Property

This rare and stunning single-story home in The Hills has been meticulously renovated, seamlessly blending modern elegance with an abundance of natural light. Ideally situated between The Hills Signature Clubhouse and Flintrock Falls Clubhouse, it offers the perfect balance of convenience and privacy.

Designed for both style and comfort, this highly sought-after residence features two luxurious master suites and an expansive kitchen with a large center island and ample storage. A striking wall of windows bathes the living spaces in natural light, enhancing the bright and sophisticated decor. Step outside to a spacious covered porch, an inviting retreat for enjoying the outdoors in the shade. Nestled in a prestigious gated community, this home is a true gem.

Additional highlights include a quiet cul-de-sac setting, a two-car side-entry garage with extra space for a golf cart, and a welcoming circular driveway. Experience the pinnacle of relaxed luxury living in The Hills!
Unit Size
2,725 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$339
Property Type
House
Property Taxes
-
HOA Dues
$157
Year Built
1994

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Cap Rate Calculator

Last updated: 2 years ago (Unlock MLS #ACT7561401)

Price History

Date / Event Date Event Price
Apr 19, 2025 In contract -
In contract
Apr 11, 2025 Price Decreased $925,000
↓ $25K (2.6%)
Price Decreased
Mar 30, 2025 Price Decreased $950,000
↓ $25K (2.6%)
Price Decreased
Mar 19, 2025 Price Decreased $975,000
↓ $24K (2.4%)
Price Decreased
Mar 4, 2025 Price Decreased $999,000
↓ $46K (4.4%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 567
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,580
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 850
  • Total Building Area: 3,283
  • Gross Building Area: 3,283
  • Building Area: 2,716
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,716
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLS OF LAKEWAY PHS 4 THE
  • Land Acres: 0000000289
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 402 HILLS OF LAKEWAY PHS 4 THE

Neighborhood

  • School District Name: Lake Travis Independent School District
  • School Tax School District: LAKE TRAVIS ISD
  • Census Tract: 036900

Geography

  • Assessors Map Reference: 0131780827
  • Account Number: 127769
  • Parcel: 127769
  • Lot: 402
  • Municipality: VILLAGE OF THE HILLS
  • Latitude: 30.3421
  • Longitude: -97.986

    Address

  • Full Address: 18 Waterfall Dr
  • Address - House Number: 18
  • Address - Street Name: Waterfall
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: The Hills
  • Carrier Code: R011
  • 4-Digit Zip Code: 1509
  • Zip Code: 78738

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $784,329
  • Tax Rate Code Area: 7E

    Appraisal Valuation

  • Standard Deviation: 0.2559
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 63
  • Final Value: 850,095
  • High Value: 1,067,666
  • Low Value: 632,524

    Market Valuation

  • Market Total Value: $844,997
  • Market Land Value: $350,000
  • Market Improvement Value: $494,997

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $583,436

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 05, 2019
  • Current Sale Recording Date: Apr 08, 2019
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2019048971
  • Previous Sale Recording Date: Jun 21, 2018
  • Previous Sale Contract Date: Jun 15, 2018
  • Previous Sale Amount: $306,300
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About The Hills of Lakeway


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Frequently Asked Questions

When was property at 18 Waterfall Drive built and last sold?
The property at 18 Waterfall Drive was built in 1994 and last sold on Apr 5, 2019 for $485,000.
How much is this home worth?
The estimated value of the home located at 18 Waterfall Drive is $0.
What are some comparable homes to 18 Waterfall Drive?
There are currently no comparable homes to 18 Waterfall Drive.

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