Date
Details
Price
Change
Source
8/29/2026
Listed
$1,460,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/26
$1,460,000 Just Listed
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1/26
Property Description
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.
Full Property Details
Full Property Details for 47 Waterfall Dr
General
- Price: $1,460,000
- HOA FEE: $108/month
- HOA FEE FREQ.: Semi-Annually
- Taxes: $22,741 (2026)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 4051914
- Updated: 8/29/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Beamed Ceilings, Breakfast Bar, Bookcases, Open Beams/Beamed Ceailings, Ceiling Fan(s), Double Vanity, Entrance Foyer, Eat-in Kitchen, Kitchen Island, Multiple Living Areas, Main Level Primary, Pantry, Recessed Lighting, Study, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room
- Appliances: Built-In Oven, Dishwasher, Microwave, Refrigerator
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
- Bedrooms Main: 2
Other Rooms
- Laundry: Inside, Lower Level, Laundry Room, Washer Hookup, Electric Dryer Hookup
Additional Information
- Shared Amenities: None
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
- Spa Description: None
- Security/Safety: Security Guard
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Deck, Front Porch, Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 6
- Parking Features: Attached
Location
- Area: LS
- County: Travis
- Subdivision: Hills Lakeway Ph 05 Amd
- Driving Directions: HILLS DR TO WATERFALL-PROPERTY ON LEFT
- Direction Faces: Northwest
School Information
- Elem School District: Lake Travis ISD
- Midd School District: Lake Travis ISD
- High School District: Lake Travis ISD
- Elementary School: Lakeway
- Middle School: Hudson Bend
- High School: Lake Travis
Community
- Association: Yes
- Assoc. Name: Hills POA
- Assoc. Fees Include: Common Area Maintenance, Security
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer, Municipal Utility District
- Water: Municipal Utility District
- Utility Description: Electricity Available, Propane
Structural Information
- Detached/Attached: Detached
- Construction: Masonry, Stone
- Roof: Tile
- Windows: None
- Stories/Levels: 2
- Square Feet: 4,547
- Sq. Ft. Source: Public Records
- Living Area: 4,547 Sq. Ft.
- Year Built: 1993
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: Golf Course, Pool
- Lot Size (Acres): 0.168
- Lot Size (Sq. Ft.): 7,318.08
- Lot Dimensions: 60.00 x 122.00
- Fence: Yes
- Lot Features: On Golf Course, Trees Medium Size
- Fencing (Description): Partial
Financial Considerations
- Association Fee: $650
- Assoc Fee Freq.: Semi-Annually
- Assessment Amount: $1,120,915
- Tax Amount: $22,741.85
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: LOT 478 HILLS OF LAKEWAY PHS 5 AMENDED THE
- Disclosures/Reports: Seller Disclosure
- Property ID: 1337806200000
- Lot Number: 478
Listed by Keller Williams - Lake Travis
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Listing agents
— 47 Waterfall Dr —
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Keller Williams - Lake Travis
(512) 608-6867
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 47 Waterfall Dr
School District:Lake Travis Independent School District
| Name | Grades | Distance |
|---|---|---|
Lakeway Elementary School 1701 Lohmans Crossing Road, Austin, TX 78734 | K-5 | 0.8 mi |
Hudson Bend Middle School 15600 Lariat Trail, Austin, TX 78734 | 6-8 | 4.4 mi |
Lake Travis High School 3324 Ranch Road 620 South, Austin, TX 78738 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 47 Waterfall Dr
Tax History
Tax History for 47 Waterfall Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,748
-1%
$1,120,915
10%
2024
$14,843
8%
$1,019,014
-19%
2022
$13,718
—
$1,250,758
-9%
2022
$13,718
3%
$1,367,717
79%
2021
$13,329
-18%
$765,600
10%
2020
$16,207
-6%
$696,000
—
2020
$17,240
3%
$696,000
-1%
2018
$16,812
5%
$705,903
—
2016
$16,006
-6%
$706,654
6%
2017
$16,988
3%
$665,816
-2%
2015
$16,571
11%
$681,869
9%
2013
$14,987
—
$626,137
7%
2013
$14,987
—
$587,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 47 Waterfall Dr
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47 Waterfall Drive, The Hills, TX 78738 (MLS# 4051914) is a Single Family property with 5 bedrooms and 4 full bathrooms. 47 Waterfall Drive is currently listed for $1,460,000 and was received on August 29, 2026. Want to learn more about 47 Waterfall Drive? Do you have questions about finding other Single Family real estate for sale in The Hills? You can browse all The Hills real estate or contact a Coldwell Banker agent to request more information.