Check Availability
$1,460,000
● House - In Contract

47 WATERFALL DR

The Hills, TX 78738
bedrooms
5 Beds
bathrooms
4 Baths
square feet
4,547 Ft²
$9,714
Est. Monthly
$650
HOA / Fees

About This Property

Prime Location on The Hills Signature Golf Course, this exceptional 4,547-square-foot custom-built Sterling Home offers breathtaking panoramic views of two fairways and two holes, with the iconic #7 Waterfall Hole directly across the street-ranked among the top 10 most beautiful golf holes in Texas. Ideally situated within a short walk of both clubhouses, this extraordinary property offers an unparalleled combination of luxury, privacy and convenience.

Designed for both sophisticated living and effortless entertaining, the home features two expansive covered terraces overlooking the championship Jack Nicklaus-designed Hills Signature Course. The outdoor living spaces are complemented by a stunning infinity-edge pool and outdoor kitchen, creating the perfect setting for entertaining or enjoying spectacular Hill Country sunsets.

The thoughtfully designed interior includes five bedrooms, four full bathrooms, a main-level primary suite with direct access to the outdoor patio, a second bedroom and full bath on the main level, soaring ceilings, large picturesque windows, a spacious media room with wet bar, and a versatile flex room. A brand-new dog run adds to the home's thoughtful amenities.

Residents of The Hills of Lakeway enjoy access to an impressive 72 holes of golf, including two Jack Nicklaus championship courses, along with the beauty of the Texas Hill Country and convenient proximity to boating on Lake Travis. Located within the exemplary Lake Travis ISD and less than 30 miles from Austin-Bergstrom International Airport and downtown Austin, this remarkable property offers an exceptional Hill Country lifestyle in one of Lakeway's most desirable neighborhood.
Unit Size
4,547 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$321
Property Type
House
Property Taxes
$1,895
HOA Dues
$650
Year Built
1993

Listed By

Jessica McRoberts
Keller Williams - Lake Travis

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Last updated: 7 days ago (Unlock MLS #ACT4051914)

Price History

Date / Event Date Event Price
Sep 22, 2026 In contract -
In contract
Aug 29, 2026 Listed by Keller Williams - Lake Travis $1,460,000
Listed by Keller Williams - Lake Travis
Mar 6, 2025 Listed by Keller Williams - Lake Travis $1,349,000
Listed by Keller Williams - Lake Travis
Prime Location on The Hills Signature Golf Course and a short walk away from both club houses. Outstanding panoramic course views of two fairways and two holes, and right across from the iconic #7 Waterfall hole which is ranked one of the top 10 most beautiful holes in Texas . This custom-built home, by Sterling Homes, has two huge covered terrace’s that overlooks the championship Jack Nicklaus designed Hills Signature Course, making this home an entertainer’s dream! This property boasts 5 bedrooms, 4 full bathrooms, two bedrooms (primary down with access to the outdoor patio) and 2 full baths on main floor, infinity pool, outdoor kitchen, large media room with wet bar, flex-room, high ceilings, large picturesque windows, and a brand new dog run. The Hills of Lakeway offers its members a combined 72 holes - including two stunning Jack Nicklaus championship courses. The home is surrounded by Texas Hill Country and close to boating paradise Lake Travis. The exemplary Lake Travis school system is located in the neighborhood and is less than 30-miles from Austin-Bergstrom International Airport, and downtown Austin.
Sep 4, 2024 Withdrawn -
Withdrawn
Aug 10, 2024 Relisted $1,449,000
Relisted
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Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Full Bathrooms: 4
Interior Features: Bookcases, Breakfast Bar, Ceiling Fan(s), Beamed Ceilings, Double Vanity, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Pantry, Recessed Lighting, Walk-In Closet(s), Multiple Living Areas, Primary Bedroom on Main, Study/Home Office
Appliances: Dishwasher, Microwave, Refrigerator, Built-In Oven(s)
Flooring Type: Carpet, Tile, Wood
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Exterior Details
Square Footage: 4547
Square Footage Source: $0
Green Sustainability
Security Features: Security Guard
Property Condition: Resale
Year Built Source: Public Records
Year Built: 1993
Waterfront Features: None
Levels: Two
Other Structures: None
Window Features: None
Construction Materials: Stone, Masonry – All Sides
Patio and Porch Features: Deck, Front Porch, Porch
Pool Features: In Ground
Pool is Private
Lot Features: Wooded, Backs To Golf Course
Lot Size Area: 7318.08
Lot Size Units: Square Feet
Lot Size Acres: 0.168
Lot Size Square Feet: 7318.08
Lot Size Dimensions: 60.00 X 122.00
Water Source: MUD
Financial Details
Tax Map Number: 478
Tax Assessed Value: $1,120,915
Tax Annual Amount: $22,742
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Security
HOA Fee: $650
HOA Fee Frequency: Semi-Annually

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 547
  • Parking Space Count: 2
  • Patio Type: 104
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,320
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 600
  • Total Building Area: 5,094
  • Gross Building Area: 5,262
  • Building Area: 4,547
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,547
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLS OF LAKEWAY PHS 5 AMENDED THE
  • Land Acres: 0000000168
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 478 HILLS OF LAKEWAY PHS 5 AMENDED THE

Neighborhood

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

Geography

  • Assessors Map Reference: 0133780620
  • Account Number: 130067
  • Parcel: 130067
  • Lot: 478
  • Municipality: VILLAGE OF THE HILLS
  • Latitude: 30.3443
  • Longitude: -97.9859

    Address

  • Full Address: 47 Waterfall Dr
  • Address - House Number: 47
  • Address - Street Name: Waterfall
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: The Hills
  • Carrier Code: R011
  • 4-Digit Zip Code: 1510
  • Zip Code: 78738

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,371,801
  • Tax Rate Code Area: 7E

    Appraisal Valuation

  • Standard Deviation: 0.2507
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 1,284,279
  • High Value: 1,606,334
  • Low Value: 962,225

    Market Valuation

  • Market Total Value: $1,250,758
  • Market Land Value: $535,500
  • Market Improvement Value: $715,258

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $926,376

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 11, 2014
  • Current Sale Recording Date: Jul 11, 2014
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2014102548
  • Previous Sale Recording Date: Sep 06, 2012
  • Previous Sale Contract Date: Aug 24, 2012
  • Previous Sale Amount: $521,300
  • Previous Sale Document Type: 70

    Financing

  • First Mortgage Financing Type: ADJ
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 47 Waterfall Drive built and last sold?
The property at 47 Waterfall Drive was built in 1993 and last sold on Jul 11, 2014 for $643,100.
How much is this home worth?
The estimated value of the home located at 47 Waterfall Drive is $1,474,600.
What are some comparable homes to 47 Waterfall Drive?
There are currently no comparable homes to 47 Waterfall Drive.

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