37 Waterfall DR, The Hills TX 78738

The Hills, TX 78738 | Hills Lakeway

Why It May Not Have Sold

The following is speculative analysis based on publicly available market data. There are many reasons a home may not sell that aren't reflected in MLS data, including personal circumstances, property condition, title issues, or simply a change of plans. This analysis looks only at market positioning factors.

$835,912 Ed's Estimate: $1,036,015 $1,205,195
Lowest Comp Recommended List: $1,015,000 to $1,057,000 Highest Comp

Listing History

$1,045,000 List Price
$1,012,796 Comp Value
0 Price Reductions

This property was listed at $1,045,000 and withdrawn after 118 days on market. This listing activity factors into the valuation.

This home was listed at $1,045,000 and was on the market for 118 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $1,036,015. Here are some factors that may have played a role: After 118 days on market, buyer interest typically drops, and listings can become "stale" in buyer perception. The listing had a price reduction during its time on market, which can sometimes affect buyer perception. At the time, there appear to have been 2 similar homes available at lower price points, which may have given buyers other options. The 385 sqft size difference versus comparable sales is reflected in the adjusted values. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
4 Beds
4 Baths 3 Full, 1 Half
3,814 Sq Ft
0.1892 Acres
1998 Built
2 Garage

About This Property

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.

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)

Location

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 Ceiling Fan(s), Central Air
Heating Central
Exterior Exterior Steps, Gutters Full
County Travis
MLS # 7463296
Garage 2 spaces

HOA & Community

HOA Fee $775 /Semi-Annually
HOA Includes Common Area Maintenance

Tax Information

Appraised Value History (TCAD)
Year Market Value
2026 $1,099,790
2025 $1,024,024
2024 $1,059,963
2023 $1,103,647
2022 $1,113,623
2021 $700,642
2020 $575,900
2019 $595,000
2018 $595,000
2017 $626,738
Taxing Entities Coming soon

Source: Travis Central Appraisal District (TCAD) · Travis County Tax Office

Listing History

MLS# 7463296 118 days
Aug 18, 2026 Off Market
Jul 22, 2026 Price Change $1,045,000
Jun 5, 2026 Pending
Apr 16, 2026 Listed $1,195,000

Frequently Asked Questions About 37 Waterfall DR, The Hills TX 78738

When was 37 Waterfall DR, The Hills TX 78738 built?

37 Waterfall DR, The Hills TX 78738 was built in 1998.

How much does 37 Waterfall DR, The Hills TX 78738 cost?

37 Waterfall DR, The Hills TX 78738 is currently off market.

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