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The Hills · Hills Lakeway Ph 05 Amd

$1,045,000 101 days on market

Reduced from $1,195,000 · −12.6%

37 Waterfall Dr, The Hills, TX 78738

  • 4bedrooms
  • 3.5bathrooms
  • 3,814sqft
  • 0.19acres
  • 1998year built

About this home

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.

Here’s the thing about the backyard: you don’t have one to maintain, and that’s the point. 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!

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

Type
Single Family Residence
Levels
Two
Year built
1998
Lot size
0.19 acres
Subdivision
Hills Lakeway Ph 05 Amd
MLS #
ACT7463296

Inside

Bedrooms
4
Bathrooms
3.5
Living area
3,814 sqft
Fireplaces
1

Outside / parking

Garage spaces
2

Schools

Elementary
Lakeway
High school
Lake Travis
District
Lake Travis ISD

Costs

HOA
$775 / semi-annually
Est. annual taxes
$18,026 (2025)

Listing

First listed
Apr 16, 2026
Days listed
101
Original price
$1,195,000
Status
Active

Listed by Melody Birdsong, Keller Williams Realty · [email protected] · MLS# ACT7463296 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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