47 WATERFALL DR, The Hills TX 78738
MLS #246524847 · Keller Williams - Lake Travis · Jessica McRoberts
About this home
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
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 1993
- Full baths
- 4
- Lot size
- 60.00 X 122.00
- Subdivision
- Hills Lakeway Ph 05 Amd
- MLS area
- LS
- MLS #
- 246524847
Features
Interior features
- Bookcases
- Breakfast Bar
- Ceiling Fan(s)
- Beamed Ceilings
- Double Vanity
- Electric Dryer Hookup
- Eat-in Kitchen
- Entrance Foyer
- Kitchen Island
- Multiple Living Areas
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Study/Home Office
- Walk-In Closet(s)
- Washer Hookup
Exterior features
- None
Additional details
- Parking
- Attached
- Garage spaces
- 2
- Roof
- Tile
- Foundation
- Slab
- HOA
- $650 / semi-annually
- Annual tax
- $22,741
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 385 active homes in ZIP 78738 · HomeLocating listings
Estimated monthly payment
Our estimate — not a quote or MLS data. Adjust the assumptions below; actual costs vary by lender, credit, and exact tax/insurance.
Property tax uses this home's reported annual tax ($22,741/yr). Insurance is a rough estimate. Not a lending offer; contact a lender for exact figures.
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Listing courtesy of Keller Williams - Lake Travis · Jessica McRoberts
Listing data last updated Sep 6, 2026, 11:46 PM
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