47 WATERFALL DR The Hills, TX 78738 Open Sat 11AM-1PM

UPDATED: 09/02/2026 09:26 PM ON MARKET: 5 days on market

$1,460,000

5 Beds4 Baths4,547 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,547 sqft

Price per Sqft $321

Subdivision Hills Lakeway Ph 05 Amd

MLS Listing ID 4051914

Bedrooms 5

Full Baths 4

HOA Fees $650/Semi-Annually

HOA Y/N Yes

Year Built 1993

Annual Tax Amount $22,741

Tax Year 2026

Lot Size 7,318 Sqft

Acres 0.168

Lot Dimensions 60.00 X 122.00

Property Sub-Type Single Family Residence

Source actris

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.

Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 09/03/2026. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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Data last updated: 09/03/2026 03:49