For Sale House MLS# ACT4051914

47 WATERFALL Dr

The Hills, TX 78738

$1,460,000

About 47 WATERFALL Dr

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.

Property details

Property

Type
Single Family Residence
MLS type
Residential
Status
Active
Year built
1993
Stories
Two
Living area
4,547 sqft
Price / sqft
$321
Lot
0.168 AC / 7,318 SF
Full baths
4
Original price
$1,460,000
MLS #
4051914

Interior

Features
Bookcases, Breakfast Bar, Ceiling Fan(s), Beamed Ceilings, Double Vanity, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Multiple Living Areas, Pantry, Primary Bedroom on Main, Recessed Lighting, Study/Home Office, Walk-In Closet(s)
Appliances
Built-In Oven(s), Dishwasher, Microwave, Refrigerator
Flooring
Carpet, Tile, Wood
Heating
Central
Cooling
Central Air
Fireplaces
1
Laundry
Inside,Laundry Room,Lower Level

Exterior & lot

Roof
Tile
Foundation
Slab
Lot
Backs To Golf Course, Trees-Medium (20 Ft - 40 Ft)
Patio & porch
Deck, Front Porch, Porch
Fence
Partial
View
Golf Course, Pool
Pool
In Ground
Parking
Attached
Garage spaces
2

Schools

District
Lake Travis ISD
Elementary
Lakeway
Middle
Hudson Bend
High
Lake Travis

Utilities

Utilities
Electricity Available, Propane
Water
MUD
Sewer
Public Sewer
Security
Security Guard

Financial

HOA
Yes
Annual tax
$22,742
Tax year
2026
Parcel
01337806200000
Legal
LOT 478 HILLS OF LAKEWAY PHS 5 AMENDED THE
Special conditions
Standard

Location

Subdivision
Hills Lakeway Ph 05 Amd
County
Travis
Directions
HILLS DR TO WATERFALL-PROPERTY ON LEFT

Location

Neighborhood
Hills Lakeway Ph 05 Amd

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Listed by Jessica McRoberts, Keller Williams - Lake Travis

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.