2 WATERFALL DR, The Hills, TX 78738
MLS #248891625 · Keller Williams - Lake Travis · Carol Saxenian
About this home
Discover the charm and comfort of this custom home nestled in the desirable gated Hills of Lakeway! Situated on almost a third of an acre with full of mature trees, this 4-bedroom home offers lots of privacy along with generous living spaces and timeless appeal. Upon entering the home, you will find a designer stair rail and high ceilings for a dramatic entrance, as well as soaring ceilings in the great room that create an impressive sense of openness. And the large abundant windows invite natural light throughout the home. The thoughtfully designed floorplan features inviting living and dining areas, plus a versatile bonus room upstairs perfect for a game room, media room, office space, or simply additional living space. Retreat to the spacious primary suite, complete with a large walk-in closet and an expansive bathroom featuring 2 separate vanities and a soaking tub. Additionally, each of the additional 3 bedrooms has a full bathroom within or adjacent to the room. Outside, enjoy the privacy of your own backyard offering room to relax and/or entertain on the large stone patio. With its custom-home character, desirable corner-lot setting and sought-after Hills of Lakeway location, this property offers a wonderful opportunity to enjoy the Lakeway lifestyle. In addition to being inside a premier golf community, there is easy access to tennis, fitness, shopping, dining, and Lake. Travis ISD schools!
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 2001
- Full baths
- 4
- Lot size
- 85.00 X 124.00
- Subdivision
- HILLS OF LAKEWAY PHS 4 THE
- MLS area
- LS
- MLS #
- 248891625
Features
Interior features
- Breakfast Bar
- Entrance Foyer
- High Ceilings
- Primary Bedroom on Main
- Pantry
- Walk-In Closet(s)
- Multiple Living Areas
- Study/Home Office
Exterior features
- None
Additional details
- Parking
- Attached, Garage Door Opener
- Garage spaces
- 2
- Roof
- Tile
- Foundation
- Slab
- HOA
- $775 / semi-annually
- Annual tax
- $16,675
Location
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Schools
Assigned schools per the MLS.
- School district
- Lake Travis ISD
- Elementary
- Lakeway
- Middle
- Hudson Bend
- High
- Lake Travis
Comparable homes near 2 WATERFALL DR
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Getting around
- Downtown Austin
- 15.2 mi
- Austin-Bergstrom Airport
- 21.4 mi
Straight-line distance, not drive time.
Market insights
Compared with 482 active homes in ZIP 78738 · HomeLocating listings
At $884,999, this home is priced 9% below the $977,000 median across 482 active homes in ZIP 78738.
Estimated monthly payment
Home price
$884,999
Down payment
20% ($177,000)
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 Keller Williams - Lake Travis · Carol Saxenian
Listing data last updated Oct 24, 2026, 11:46 AM
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