18 Waterfall DR, The Hills TX 78738

Off Market

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Ed's Opinion of Value

$670,000 Ed's Estimate: $829,074 $1,183,790

Lowest Comp Recommended List: $687,000 to $697,000 Highest Comp

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $829,074. Pricing this home between $687,000 and $697,000 would put it in the competitive sweet spot for HILLS OF LAKEWAY. Relative to what's currently available in HILLS OF LAKEWAY, this home would be the 0th most expensive of 7 comparable homes on the market. The larger lot (0.29 acres versus the area average of 0.26) contributes to the valuation. With 7 similar homes currently listed in HILLS OF LAKEWAY (a buyer's market), competition is a factor to consider. Market data shows 78738 prices fallen 5% over the last half year. The closest comparable sale, 10 Sunview RD, The Hills TX 78738 at an adjusted $802,718, is a strong comparable. With 7 comparable sales in HILLS OF LAKEWAY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

78738 Market Trends

$850,000 Median Sold Price ▼ 5% 6mo

$275/sqft Median $/SqFt ▼ 3.2% 6mo

74 days Avg Days on Market 7 days slower

219 homes Active Inventory 4.8 mo supply

96.5% Sale-to-List Ratio

271 Sales (6 months)

Recently Sold Comparables

$802,718 adjusted 10 Sunview RD, The Hills TX 78738 3bd / 3.0ba • 2,691 sqft • 0.5 mi Sold 9 months ago

$783,811 adjusted 6 Dovedale CV, The Hills TX 78738 3bd / 3.0ba • 2,770 sqft • 0.3 mi Sold 6 months ago

$1,183,790 adjusted 6 Radnor DR, The Hills TX 78738 3bd / 3.0ba • 2,860 sqft • 0.4 mi Sold 2 months ago

$709,065 adjusted 8 Sunview RD, The Hills TX 78738 4bd / 3.0ba • 2,782 sqft • 0.5 mi Sold 9 months ago

$898,384 adjusted 11 Lost Meadow TRL, The Hills TX 78738 3bd / 3.0ba • 2,552 sqft • 0.7 mi Sold 10 months ago

Currently on Market

$670,000 6 Monarch Oaks LN, Austin TX 78738 4bd / 3.0ba • 2,694 sqft • 0.5 mi 78 days on market

$699,000 5 Valhalla CT, Austin TX 78738 3bd / 3.0ba • 2,500 sqft • 0.2 mi 22 days on market

$715,000 123 Clubhouse DR, Lakeway TX 78734 4bd / 3.0ba • 2,737 sqft • 1.8 mi 69 days on market

3 Beds

3 Baths 3 Full

2,725 Sq Ft

0.29 Acres

1994 Built

2 Garage

About This Property

This rare and stunning single-story home in The Hills has been meticulously renovated, seamlessly blending modern elegance with an abundance of natural light. Ideally situated between The Hills Signature Clubhouse and Flintrock Falls Clubhouse, it offers the perfect balance of convenience and privacy.

Designed for both style and comfort, this highly sought-after residence features two luxurious master suites and an expansive kitchen with a large center island and ample storage. A striking wall of windows bathes the living spaces in natural light, enhancing the bright and sophisticated décor. Step outside to a spacious covered porch, an inviting retreat for enjoying the outdoors in the shade. Nestled in a prestigious gated community, this home is a true gem.

Additional highlights include a quiet cul-de-sac setting, a two-car side-entry garage with extra space for a golf cart, and a welcoming circular driveway. Experience the pinnacle of relaxed luxury living in The Hills!

Features

2 Primary Baths
2 Primary Suites
Beamed Ceilings
Cathedral Ceiling(s)
Quartz Counters
Electric Dryer Hookup
French Doors
Kitchen Island
Multiple Dining Areas
Multiple Living Areas
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Sound System
Walk-In Closet(s)

Location

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Schools

School District Lake Travis ISD

Elementary Lakeway

Middle School Hudson Bend

High School Lake Travis

Property Details

Property Type Residential

Flooring Tile, Wood

Cooling Central Air

Heating Central

Exterior Gutters Full, Lighting, Private Yard

County Travis

MLS # 7561401

Parking

Garage 2 spaces

HOA & Community

HOA Fee $157 /Monthly

HOA Includes Common Area Maintenance, Security

Listing History

MLS# 7561401 - Updated Mar 18, 2026 67 days

May 20, 2025	Off Market
Apr 10, 2025	Price Change	$925,000
Feb 8, 2025	Listed	$1,100,000

Frequently Asked Questions About 18 Waterfall DR, The Hills TX 78738

When was 18 Waterfall DR, The Hills TX 78738 built?

18 Waterfall DR, The Hills TX 78738 was built in 1994.

How much does 18 Waterfall DR, The Hills TX 78738 cost?

18 Waterfall DR, The Hills TX 78738 sold on May 20, 2025. Contact us for sale price details.

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Jul 11, 2024	Off Market
Jul 11, 2024	Listed		$1,090,000