This home is no longer an active listing on the MLS. It may have sold, been withdrawn, or had its listing expire — we don’t have confirmed sold data, so we won’t guess. The price below is the last listed price, kept for reference only.
37 Waterfall DR, The Hills TX 78738
MLS #245361348 · Keller Williams Realty · Melody Birdsong
About this home
Best value in The Hills - more home for less: 3,814 sqft at $274/sqft, below the Hills of Lakeway median and average price per square foot and a ZERO maintenance backyard! The golf course crews handle everything beyond your Trex deck. No mowing, no landscaping - just a seamless transition from your back door to some of the most peaceful green space in Lakeway. This is back porch living at its finest! Morning sun, shaded afternoons and cool Texas evenings that make the deck a second living room most of the year! Life at 37 Waterfall Drive is shaped as much by The Hills community as it is by the home itself. Gated, quiet and tucked into one of Lakeway's most established country club communities...this address delivers on its promise. Inside, the layout flows naturally between open, well-defined living spaces. The kitchen anchors it all with custom cabinetry, professional-grade appliances, a built-in Sub-Zero refrigerator and a premium beverage cooler. The primary suite feels separate and settled. Three additional bedrooms flex for guests, hobbies or work from home. Plus, the dedicated office opens through French doors directly onto the Trex deck with views of the 13th hole tee box. Every space is usable, not ornamental. Two AC units (2022) with a transferable 10-year warranty and a professionally finished garage with golf cart parking round out the practical details. Four championship golf courses, tennis, fitness, and the club are all minutes away by golf cart. Or stay home and enjoy the quiet. Living here means you can be as active or as still as you choose. Established without feeling dated. Social when you want it, peaceful when you don't. 37 Waterfall is the kind of home where weekends don't require plans, because the best parts are already right outside your door.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 1998
- Full baths
- 3
- Half baths
- 1
- Lot size
- 0.1892
- Subdivision
- Hills Lakeway Ph 05 Amd
- MLS area
- LS
- MLS #
- 245361348
Features
Interior features
- Built-in Features
- Ceiling Fan(s)
- High Ceilings
- Chandelier
- Granite Counters
- Quartz Counters
- Crown Molding
- Double Vanity
- Eat-in Kitchen
- Entrance Foyer
- French Doors
- Interior Steps
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Soaking Tub
- Study/Home Office
- Walk-In Closet(s)
Exterior features
- Exterior Steps
- Gutters Full
Additional details
- Parking
- Attached, Door-Single, Garage, Garage Door Opener, Garage Faces Side, Oversized
- Garage spaces
- 2
- Roof
- Barrel, Tile
- Foundation
- Slab
- HOA
- $775 / semi-annually
- Annual tax
- $18,025
Location
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Schools
Assigned schools per the MLS.
- School district
- Lake Travis ISD
- Elementary
- Lakeway
- Middle
- Hudson Bend
- High
- Lake Travis
Market insights
Compared with 444 active homes in ZIP 78738 · HomeLocating listings
At $1,045,000, this home is priced 5% above the $995,000 median across 444 active homes in ZIP 78738, including other homes in Hills Lakeway.
Estimated monthly payment
Home price
$1,045,000
Down payment
20% ($209,000)
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 Realty · Melody Birdsong
Listing data last updated Aug 19, 2026, 5:46 PM
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